Nvidia investors celebrate winning week
Nvidia investors are celebrating a winning streak for the stock as the chipmaker continues to dominate the race to own artificial intelligence with its own chips as well as developing strategic collaborations.
Subaru to raise US plant worker wages in light of UAW deals with Detroit automakers, CEO says
Subaru will raise the wages and benefits of its U.S. plant workers in light of the new labor deals finalized by the Detroit Three automakers, the Japanese automaker's CEO said Thursday.
Bath & Body Works trims sales forecast as demand slows into holiday season
Bath & Body Works on Thursday lowered its annual sales forecast on signs of slowing demand ahead of the crucial holiday season, as customers cut back spending on non-essential items.
Walmart's caution on consumer spending ahead of holidays sends shares lower
Walmart said shoppers slowed purchases at the end of October, in contrast to spending patterns earlier in the quarter, echoing comments from other retailers that have seen sales ebb.
TransUnion to cut 1,300 jobs as part of multiyear plan to reduce costs, drive growth
The company expects to deliver $120 to $140 million of annualized operating expense savings and a $70 to $80 million capital expenditure reduction in 2026 relative to 2023 levels.
Dow, S&P, Nasdaq soar as investors bet Fed is finished
Investors snapped up U.S. stocks in a broad rally after the latest inflation data signaled the Federal Reserve may be close or even done with hiking interest rates.
Home Depot leans on demand for small projects to top estimates
Americans put big renovations and discretionary home-improvement projects on the back burner as they battle high food prices as higher interest rates continue to weigh.
Former NYSE president in talks to reboot FTX exchange
Former New York Stock Exchange President Tom Farley is among three suitors vying to buy the remnants of FTX, as the auction for the collapsed crypto exchange reaches its final stages.
Robinhood misses third-quarter revenue estimates on muted trading activity
Robinhood Markets reported quarterly results and said it missed Wall Street estimates for third-quarter revenue, weighed by a slowdown in trading activity.
Uber bets on holiday travel demand to forecast strong fourth quarter
San Francisco-based ride-hailing company Uber Technologies on Tuesday forecast fourth-quarter gross bookings and adjusted core profit above market expectations.
Disney names veteran PepsiCo exec new CFO
Walt Disney announced Monday it is bringing on former PepsiCo executive Hugh Johnston as the company’s new senior executive vice president and chief financial officer beginning on Dec. 4.
Warren Buffett sits tight on cash as Berskhire investments take a hit: reports
Berkshire Hathaway reported a bigger loss in Q3 2023 than in the same quarter of 2022, but Warren Buffett argued that investors should judge the company on its operating earnings.
Pfizer quarterly results hit by soft demand for COVID-19 products
Sales of the company's coronavirus vaccine Comirnaty dropped 70% during the third quarter compared with the same period a year earlier, Pfizer reported on Tuesday.
Apple earnings, Fed decision and jobs data top Wall Street week ahead
Investors are preparing for another busy week of earnings, including McDonald's and Apple, as well as ADP's private employer jobs report and the government's jobs data for October.
Ford stock plunges 12% on news of wider EV losses
Ford shares tumbled Friday after the company withdrew its full-year forecast and reported greater losses than expected in its electric vehicle division.
JPMorgan Chase CEO Jamie Dimon to sell company stock for first time
JPMorgan CEO Jamie Dimon plans to sell a portion of his family’s holdings in the bank for the first time, offloading 1 million of the 8.6 million shares, according to an SEC filing.
Oil slide hits Exxon Mobil profits
Exxon Mobil Corp reported a $9.1 billion third-quarter profit, about a 54% drop from record earnings a year ago. The decline comes as oil prices retreat from higher levels.
Chevron's profit slumps, shares fall
Chevron's third-quarter earnings missed Wall Street estimates by a wide margin, sending its share price down despite its recent megadeal with Hess.
Warren Buffett's Berkshire Hathaway ups stake in Occidental Petroleum, again
Warren Buffett’s Berkshire Hathaway increased its stake in Occidental Petroleum this week, taking on another 3.9 million of the company’s stock, according to an SEC filing.
Harley-Davidson profit slumps on sluggish demand
Harley-Davidson posted a 24% dip in third-quarter profit as customers cut back on discretionary spending due to higher borrowing costs and inflationary pressures.



















