PepsiCo sees strong annual profit as snacks, sodas thrive in pandemic
People spending more time working from home and taking online classes has led to a rise in demand for salty snacks, boosting demand for PepsiCo's Tostitos, Cheetos and Doritos from households across North America.
Boeing helps lift Dow 358 points as tech shares drive S&P, Nasdaq
U.S. stocks staged a late day comeback but the Dow and S&P still posted weekly losses.
Stocks inch higher on strong home sales, more stimulus talk
U.S. equity markets secured gains in a choppy session as investors weighed mixed economic data.
Dow drops 525 points, tech slides as DOJ eyes crackdown on censorship
Stock selling accelerated in final hour of trading.
Nike shakes off pandemic blues with surging online sales
Nike reported a net profit of $1.5 billion profit, up 11% from the same 2019 quarter
Tech rebounds as S&P, Nasdaq snap four day losing streaks
Fed Chair Powell and Treasury Sec. Mnuchin are fairly upbeat on the state of the U.S. economic recovery.
Tech rally fizzles after Fed promises low rates through 2023
Investors took the Federal Reserve decision in stride.
Adobe eyes hiring spree after hitting revenue record
Software giant Adobe registered record revenues Tuesday and promised it would begin a hiring spree by the end of 2020
Nasdaq rallies, as financials limit S&P, Dow gains
Investor optimism is on the rise as a COVID-19 vaccine nears.
H&M bounces back from coronavirus slump
H&M beat quarterly profit forecasts as it recovered more quickly than expected from a coronavirus-induced slump.
Coronavirus vaccine optimism to boost stocks into year-end: Goldman Sachs
Goldman Sachs economists said last week that a faster-than-expected snapback in consumer spending will allow the U.S. economy to grow at a 35% pace in the third quarter, up from its previous forecast of 30% growth.
Stocks finish mixed as Nasdaq books worst week since March
Stocks finish the week lower in choppy trading
Kroger projects 50% profit growth as digital sales boom during coronavirus
Kroger predicts full-year earnings will grow as much as 50% from a year ago, boosted by its "Restock Kroger" transformation plan.
Peloton works out a huge increase in sales as stock soars
Peloton Interactive Inc beat analysts’ estimates for quarterly revenue on Thursday as the exercise bike maker benefited from a surge in subscribers and demand for its fitness products during the coronavirus pandemic.
Stocks tumble as tech and energy dip in late-day selloff
Volatility ticked up erasing all of Thursday’s stock gains.
Yelp exec: Google has done ‘a lot’ to harm consumers, small businesses
Yelp exec on Google
No fun at Gamestop after big sales drop
Videogame and collectibles retailer GameStop Corp. reported a larger-than-expected 27% sales drop and a wider adjusted loss for the second quarter amid the pandemic.
Tech leads stock rebound helped by Tesla, Microsoft
Tech makes a comeback after three days of heavy selling tipped the Nasdaq into its fastest correction in history.
Nikola founder: Partnership with GM will bring $10B of savings for our company
Nikola founder on partnership with GM
Slack boosts outlook as pandemic fuels boom in remote work tools
Slack Technologies Inc. posted record sales and raised its full-year outlook as the workplace-collaboration app provider benefited from the shift to remote working that has lifted the fortunes of many business software companies.