Peloton shares head downhill on slowing sales growth
Revenue for the current quarter is forecast below Wall St. expectations
S&P 500, Nasdaq hit records amid Trump acquittal, coronavirus treatment progress
The S&P 500 joined the Nasdaq in record territory.
Macy's reveals revamping plan to woo investors
Kristina Partsinevelos on Macy's
GM takes $3.6B hit from UAW strike
General Motors posted a fourth-quarter loss as the United Auto Workers strike heavily impacted its business.
Spotify grows paid subscribers with costly promotions, buys Bill Simmons' 'The Ringer'
Spotify Technology SA on Wednesday forecast current quarter revenue largely below analyst estimates, as the streaming service spends more on promotions to keep and lure listeners in its battle against Apple Music and Amazon.
Coronavirus to cost Disney theme parks
The company expects a combined adverse impact to operating income of $175 million from the two parks in the second quarter
Disney+ paid subscriber count unveiled as earnings beat Wall Street's expectations
Since its Nov. 12 launch, Disney+ has gained 28.6 million paid subscribers, the company said.
Nasdaq hits record, Dow back in black for 2020
Stocks continue to claw back amid the coronavirus crisis.
BP boosts dividend despite profit fall as CEO Dudley bows out
BP increased its dividend by 2.4 percent to 10.5 cents per share
Google parent Alphabet posts sales miss but posts YouTube, Cloud revenue in rare move
Investors wrestle with mixed quarterly results.
Chevron loses $6.6B after huge writedown of North American shale
Chevron reported a fourth-quarter loss of $6.6 billion, or $3.51 a share, as revenue fell 14 percent to $36.3 billion.
Caterpillar warns global economic tremors will curb sales
Caterpillar's fourth-quarter revenue fell 8.4 percent year-over-year to $13.1 billion.
Nintendo Switch fans won't get a new console in 2020
Switch is a hybrid game machine that is both a console and a tablet
Stocks stage robust rebound helped by big tech
Investors shrugged off coronavirus fears.
Tesla is 'bitcoin on wheels'
Tesla shares are up almost 40 percent this year.
Juul forces tobacco giant Altria to take $4.1B write-down
Altria posted a fourth-quarter loss of $1.8 billion compared to a profit of $1.3 billion the prior year.
UPS takes $1.8B pension hit
UPS lost $106 million, or 12 cents a share, in the fourth quarter.
Microsoft shares hit all-time high on cloud growth
Microsoft's Azure’s quarterly revenue grew 62 percent from the same time last year.
Tesla, Musk hope to shock skeptics one more time
Wall Street analysts surveyed by Refinitiv expect Tesla to report a fourth-quarter profit of $305 million.
Apple, Boeing earnings power Dow higher as Fed holds rates
Earnings and the Fed took center stage for investors.