Stocks

Uber forecasted third-quarter operating profit above Wall Street’s predictions on expectations of growing travel demand and a return to in-office work, the rideshare company said on Tuesday.

Intel reported second-quarter earnings on Thursday, and showed a return to profitability after two straight quarters of losses.

Microsoft is under fire from European Union antitrust investigators over the software company’s bundling of its chat and video app Teams with its Office product.

The Dow Jones Industrial Average wrapped a 13-day winning streak, a run not seen since 1987, after Federal Reserve hiked interest rates to a 22-year high.

Samsung Electronics released its latest foldable smartphone on Wednesday, at roughly the same price for the third year in a row as the company takes another swipe at Apple.

Boeing is increasing production of its popular 737 Max jet as travelers return to the skies and carriers respond by growing their fleets, the plane-maker said.

Former Sen. Kelly Loeffler is joining the board of directors of a growing network of businesses bucking the corporate trend toward left-wing advocacy.

Lyft said Monday it might sell or find a strategic partner for its bikes and scooters unit as the ridesharing company races Uber for more share of the market.

AMC Entertainment CEO Adam Aron issued a warning on Twitter, saying the company could “conceivably" run out of cash over the next two years if not allowed to raise money.

AMC common stock shares soared after a judge rejected a settlement related to a stock conversion plan that would allow the company to issue more shares.

Generally, investors with greater wealth have the ability to assume more risk, but it is truly dependent on their lifestyle and goals, according to experts.

American Express said on Friday it took in a record $15.1 billion over the second quarter as card members spent more on its credit cards. Its results beat Wall Street estimates.

American Airlines now said it expects an adjusted profit of $3 to $3.75 per share for 2023 compared with its prior outlook of $2.50 to $3.50 per share.

Tesla CEO Elon Musk is considering lowering the cost of Tesla vehicles as the company puts an emphasis on sales over profits, in hopes the self-driving software will boost margins.

A Bank of America survey indicated fund managers remain bearish about the state of the U.S. economy, even as stock markets continue to march higher.

Shares of Carvana are up big on Wall Street midweek after a deal the used-car retailer landed with some of its bondholders to cut over $1 billion in outstanding debt.

Funds related to Cathie Wood’s ARK Invest dumped $14 million in Tesla stock and another $26 million in Coinbase shares, according to trade disclosures on Monday.

Shares of AT&T have fallen to a three decade low and are now down over 26% in 2023 and 34% the last year amid a sharp decline in subscribers and use of landlines.

The major banks will wrap up earnings next week as investors keep an eye on quarterly reports from Tesla and Netflix as well as economic data housing, including mortgage rates.

JPMorgan Chase said on Friday that the bank’s profits moved 67% higher over the second quarter, as borrowers' interest payments increased from the purchase of First Republic Bank.