Tesla needs to prove its worth after electrifying stock-price surge
Tesla is set to report its second-quarter results after Wednesday's closing bell.
Stock futures trade lower on rising virus cases, China tension
China said on Wednesday that the United States had abruptly told it to close its consulate in the city of Houston
United Airlines says more than 6,000 employees take severance packages after $1.6B loss
More than 6,000 United employees have opted to take a voluntary separation package, including flight benefits and continuous pay through Nov. 30, 2020, as the airline took aggressive action in the second quarter to mitigate the financial impact of the coronavirus pandemic.
Dow, S&P post gains, big tech slips with Tesla, Microsoft earnings out Wednesday
Legacy tech behemoth IBM Corp. beat on both the top and bottom lines; Coca-Cola profit fell.
Lockheed Martin boost sales forecast as Pentagon amps up contract awards
Defense contractors continued to operate relatively unscathed through the stay-at-home orders due to the COVID-19 pandemic after being deemed essential businesses.
Philip Morris sales weaken after coronavirus disrupts production
Cigarette shipments fell 18% in the quarter, dragged down in part by weakness in South and Southeast Asia, where volumes were off 28% from last year.
Coca-Cola profit drops 32% as coronavirus shutdowns sink restaurant sales
Coca-Cola profit plunged 32 percent as resetaurant sales suffered from COVID-19 lockdowns.
IBM shares rise as coronavirus sends business to the cloud
Revenue from the cloud business increased 30 percent to $6.3 billion
Nasdaq grabs new record, S&P turns positive for 2020
Investors dipped back into stocks, driving the Nasdaq to its 28th record high of 2020.
Halliburton takes $2.1B charge as coronavirus slams business
Halliburton lost $1.7 billion in the second quarter as the coronavirus pandemic provided difficult business conditions.
Dow, S&P post weekly gains, as Nasdaq takes breather
86 S&P 500 companies report earnings next week and 8 Dow members.
BlackRock assets reach $7.32T as crisis drives record investments
BlackRock reported a 22 percent jump in second-quarter profit.
Netflix names Ted Sarandos co-CEO, shares 'formal' role with Reed Hastings
COVID-19 has Netflix watchers glued to the streaming giant but the pace may not be sustainable.
Big tech leads decline as job losses top 51M
Initial jobless claims for the week ended July 10 totaled 1.3 million, slightly higher than the 1.25 million that were expected.
Retail investors snapping up stocks amid coronavirus volatility: Charles Schwab
Charles Schwab added 552,000 new brokerage accounts in the second quarter as total client assets swelled 11 percent to $4.11 trillion.
Abbott beats forecasts on strong COVID-19 testing business
Revenue from the company's diagnostics segment rose 23% to $857 million as demand surged for Covid-19 tests. Abbott's diagnostics growth was fueled by its sales of both lab-based tests and on-site tests.
Domino's Pizza sales surge amid coronavirus lockdowns
Domino's Pizza profit spiked 29 percent in the second quarter as consumers ordered more pizza pies while sheltering at home during the COVID-19 pandemic.
Johnson & Johnson profit dives 35% as coronavirus zaps sales of beauty products, medical devices
Consumer health sales fell 7 percent from a year ago to $3.3 billion as consumers bought fewer skin health and beauty products while sheltering at home during the COVID-19 pandemic.
Morgan Stanley profit jumps 45% on trading boom
Morgan Stanley posted a 45% rise in quarterly profit on Thursday, driven by strong trading gains as the coronavirus pandemic whipsawed global financial markets since March.
Bank of America earmarks $4B for coronavirus loan defaults
Net income of $3.5 billion, or 37 cents a share, still topped the 27-cent average estimate from analysts surveyed by Refinitiv. Both JPMorgan Chase and Citigroup posted double-digit profit declines earlier this week after shoring up reserves.



















