Earnings Report

Although McDonald’s beat Wall Street predictions for fourth quarter earnings, the company CEO Chris Kempczinski is warning inflation will remain in 2023.

In the fourth quarter, GM earned $2 billion, up from $1.7 billion the previous year, as higher prices and increased sales volume in North America more than offset higher costs.

Shares of online used car dealer Carvana are up in trading as the supply in used car strengthens and the prices of new cars remain at all time highs.

The Fed's February meeting as well as earnings from automakers, oil companies and tech companies, including the biggie, Apple, will steer financial markets this week.

Goldman Sachs CEO joins Apple’s Tim Cook as latest industry CEO hit with pay cut.

While Forbes lists Elon Musk’s overall worth at $168.7 billion, data compiled by the Dow Jones Market Data Group shows Musk earned $11.98 billion over the last seven days from his Tesla holdings.

Northrop Grumman CEO Kathy Warden highlighted the recently revealed B-21 Raider stealth bomber during the company’s fourth-quarter earnings call on Thursday.

Southwest Airlines reported a fourth quarter net loss Thursday, and warned that another loss is expected for the first quarter of fiscal 2023 due to its holiday operational meltdown.

CEO Elon Musk participated in Tesla's earnings call on Wednesday as the electric vehicle and clean energy company released its fourth-quarter financial results.

IBM faces recession worries as a tech company focusing heavily on the cloud. Cloud revenue grew 2% while it took a $1 billion hit from foreign exchange rates.

The company continues to see pressure on sales from staffing shortages at hospitals, which have limited growth in procedures using J&J products, while inflation has boosted expenses.