Tyson Foods sees beef demand rising, chicken falling
Shares of Tyson Foods are getting a big beef bounce as meat demand jumps.
Inflation data will drive the market: Investment strategist
Lebenthal Global Advisors President Dominick Tavella predicts the Fed will taper their bond buying program by the end of the year.
AMC, Disney earnings, job openings, inflation data top week ahead
AMD and Disney are two companies that are likely to move financial markets in the coming days.
Huawei reports biggest ever revenue drop as consumer growth engine stutters
Chinese telecommunications giant Huawei Technologies reported its biggest ever revenue drop in the first half of 2021, after U.S. sanctions drove it to sell a chunk of its once-dominant handset business and before new growth areas have fully matured.
News Corporation says 4Q revenue rose
News Corporation on Thursday said revenue in the fourth quarter rose to $2.49 billion, 30% higher than the $1.92 billion in the year-ago period.
Beyond Meat sales jump on restaurant demand
Plant-based meat maker Beyond Meat said Thursday that its revenue jumped 32% in the second quarter as demand from restaurants returned.
Zillow rides booming real estate market to 70% revenue growth
Zillow Group Inc. reported a whopping 70% increase in year-over-year revenue for the second quarter, attributed in part to growth in the company's buying arm.
Hostess CEO on post-pandemic consumer trends
Hostess CEO Andy Callahan says on-the-go and in-home snacking boosted revenue.
Bond market shows there's already been peak growth: Portfolio manager
Villere and Company portfolio manager Sandy Villere on the state of the economy impacting how to best allocate capital.
Uber's recovery accelerates, but worries about losses linger
Uber’s ride-hailing service is regaining the momentum that it lost during the pandemic, but it’s coming at a cost that’s raising more doubts about the company’s ability to make money.
Fox reports higher revenue, as sports and entertainment events resume
Profit rose to $253 million in the June quarter, or 43 cents a share, from $122 million, or 20 cents a share, a year earlier.
GM CFO on NY auto show cancelation: Everyone 'concerned about safety'
Paul Jacobson shares his disappointment in the show being canceled due to COVID-19 and discusses General Motors' quarter earnings.
Toyota reports record profit amid pandemic, keeps forecasts
While the pandemic has dented sales and demand in some global businesses, Toyota appears to be roaring back. Uncertainties remain such as the global shortage of semiconductors that’s slammed the auto industry, as well as effects of COVID-19.
CVS boosts wages as profits rise on COVID-19 vaccinations, tests
CVS Health will hike its minimum wage for employees to $15 per hour starting in July 2022, with incremental increases set to begin this month.
Apple becomes most profitable company in the world
FOX Business' Susan Li and Constellation Research CEO Ray Wang discuss Apple's business model.
Clorox stock hit as demand for wipes, disinfectants wanes
Clorox forecasts a drop in sales as consumer demand shifts away from products that were hot items during the height of the COVID-19 pandemic, like disinfectants and wipes.
Alpha Foods hopes its vegan nuggets will benefit from rising cost of chicken, CEO says
Alpha Foods CEO Cole Orobetz provides insight into how the food industry is being impacted by inflation.
Robinhood is 'dumpster fire,' has nothing to stand on: Market expert
Circle Squared Alternative Investments founder Jeff Sica on Robinhood's public debut on the New York Stock Exchange.
Infrastructure, earnings dominating markets, not Delta variant: Katz
UBS managing director and senior portfolio manager Jason Katz provides insight into today’s markets.
July jobs report, GM, CVS earnings and infrastructure talks top week ahead
Jobs will be in focus this upcoming week as investors will take in data including ADP employment and nonfarm payrolls for the month of July.