Walmart hikes profit forecast as stimulus checks boost sales
Walmart Inc. raised its full-year earnings outlook as another batch of stimulus checks propelled same-store sales past Wall Street estimates.
Home Depot posts blowout quarter as pandemic-fueled boom prolongs
Home Depot Inc on Tuesday reported a bigger-than-expected 31% jump in quarterly same-store sales, allaying concerns that the top U.S. home improvement chain would see pandemic-fueled demand easing as vaccinations gather steam.
Stocks slide as AT&T, Discovery agree to combine media assets
U.S. equity markets were lower as traders digested the AT&T-Discovery mega-merger.
Tax Day, Bill Gates appearance and Walmart, Target earnings top week ahead
Tax Day, a slew of retail earnings and a key White House semiconductor meeting top the week ahead.
DoorDash attributes Q1 sales growth to stimulus checks
DoorDash released its earnings report on Thursday, which showed that revenue grew to $1.1 billion, which is a 198% year-over-year increase.
Dow jumps 360 points, Nasdaq adds 2% trimming weekly loss for stocks
U.S. equity markets rallied Friday as traders celebrated the lifting of most mask mandates and digested disappointing retail sales.
Disney misses on parks revenue, streaming subscribers but sees strong growth ahead
Disney reported overall revenue of $15.6 billion, down 13% compared to $18 billion a year ago. Meanwhile, net income in the quarter was $912 million, up 95% compared to $468 million a year ago. Excluding certain items, Disney's diluted earnings per share came in at 79 cents, compared to 60 cents per share a year ago.
Investment bankers say SEC chair could begin tenure by cracking down on celebrity SPACs: Sources
Sources tell FOX Business' Charlie Gasparino SEC officials say privately they're wary of celebrity SPACs enticing small investors to risky deals.
Playboy parent PLBY Group on earnings
PLBY Group CEO Ben Kohn discusses revamping the infamous Playboy brand and NFT sales.
Inflation to blame for 'routine, normal, healthy' market pullback: Investment manager
Paul Schatz, founder and president of Heritage Capital, Phil Flynn, senior energy analyst at The PRICE Futures Group, and Mark Tepper, president and CEO of Strategic Wealth Partners, weigh in on inflation fears.
No 'real move' in inflation, stocks headed higher: Investment strategist
BMO Capital Markets chief investment strategist Brian Belski reacts to Dow's worst day since January.
Alibaba logs higher quarterly sales but posts loss on antitrust fine
Chinese e-commerce giant Alibaba Group Holding Ltd. posted revenue growth on stronger retail and cloud-computing results in the latest quarter, but a large fine levied by the Chinese government dragged the company to a quarterly loss.
Stocks rally as CDC lifts most mask mandates, jobless claims fall to post-pandemic low
Stock investors shifted back to buying mode after a drop in jobless claims outweighed another hot inflation report.
Gas shortages spreading after Colonial Pipeline hack
Gas outages spread over more than a dozen states after the Colonial Pipeline cyberattack. FOX Business' Lydia Hu with more.
Stock futures fall as selloff continues
U.S. equity futures are trading lower as the stock plunge from Wednesday continues.
Wendy's doubles down on breakfast menu bet
The fast-food chain raised its annual forecast for earnings on Wednesday wagering that more customers would be trying its bacon-filled breakfast menu
Stock market could be undervalued going into 2022: Investment strategist
The Leuthold Group chief investment strategist Jim Paulsen reacts to the CPI report on inflation and discusses his outlook for the market.
Dow hit with 682 point loss, Nasdaq off 2.7% on inflation beating
U.S. equity markets were lower Wednesday as traders digested a hotter than expected reading on consumer prices.
SoftBank reports $37B Vision Fund profit on Coupang
SoftBank Group Corp on Wednesday reported a 4.027 trillion yen ($36.99 billion) fourth-quarter profit at its Vision Fund unit after booking a gain on investment Coupang, underscoring its recovery a year after a record loss.
Toyota Q4 profit nearly doubles, beats expectations
Toyota Motor Corp reported on Wednesday its fourth-quarter operating profit jumped 92%, as it shrugged off chip-supply issues and as its sales recovered from the impact of the coronavirus pandemic.




















