First Republic Bank shares nosedive amid uncertainty about rescue deal
Shares of First Republic Bank tanked on Friday amid reports of uncertainty about whether the lender could see a rescue deal.
Bill Gates grows fortune by $2B in one day
Microsoft founder and CEO Bill Gates added $2 billion to his existing fortune after the company reported better-than-expected earnings on Tuesday afternoon.
McDonald’s customers still ‘lovin it’ despite price hikes
McDonald's customers kept at it last quarter despite inflation and higher prices at the fast food giant.
PepsiCo hikes prices, consumer demand steady for drinks, snacks
PepsiCo’s first-quarter earnings beat Wall Street expectations after strong consumer demand for soda and snacks, and as the company raised its prices to combat high inflation.
Bud Light rivals stealing sales after Dylan Mulvaney controversy
Amid Dylanm Mulvaney controversy, Bud Light's dollar share value loses almost the same amount as Coors Light and Miller Lite's dollar share gain in latest week.
Tesla stock volatility now a weapon for traders?
Tesla single stock exchange-traded funds (ETFs) are becoming popular for investors in the volatile stock after being introduced on Wall Street in July 2022.
J&J consumer-health IPO process to kick off key test for moribund new-issue market
J&J’s consumer business makes Tylenol; Band-Aids and other wound-care products; baby-care products such as Johnson’s Baby Shampoo; and skin-care offerings such as Aveeno and Neutrogena.
Amazon, McDonald’s, Microsoft earnings and debt limit battle top week ahead
Investors will sift through a basket of earnings, including blue chips McDonald's, Verizon and Caterpillar as well as Google and Microsoft. Additionally, the first read on first quarter GDP will be released.
GM recalls 40,000 pickups due to fire risk
General Motors is recalling more than 40,000 Chevy Silverado pickups due to the discovery of a brake fluid leak that could cause a fire.
Proctor & Gamble’s price increases help raise 2023 sales forecast
Driven by price hikes, Proctor & Gamble reported better-than-expected quarterly earnings on Friday and lifted its sales forecast. Brands include Tide, Charmin and Pampers.
Is your bank account safe? Mass layoffs weaken cybersecurity across finance sector
Mass layoffs in 2023 have the diminished cybersecurity workforce and opened a door for cybercriminals to attack online banking, trading, investing and digital assets.
Chevron, Exxon developing cleaner gas as alternative to EVs
ExxonMobil and Chevron are working together on developing new gasoline formulas that will bring down emissions to compete with electric vehicles.
Investors are the most bearish in 5 months as credit crunch hits growth
Fund managers surveyed by Bank of America are increasingly pessimistic about the U.S. economy following the collapse of Silicon Valley Bank in early March.
ChatGPT can predict the stock market and understand Fed statements, studies claim
OpenAI's ChatGPT-4 has proven capable of deciphering Fed statements and predicting the stock market based on corporate news, according to a pair studies.
Tesla cuts US prices again ahead of earnings report
Tesla continues to cut prices on some of its' electric vehicles in the U.S. in a move to boost demand. This is the second time this month.
New Jersey pauses EV rebates as demand surges
New Jersey will temporarily pause its rebate program for the purchase or lease of electric vehicles due to the overwhelming success of the program.
Nvidia stock surges on dominant A.I. market position, buy recommendation from HSBC
Nvidia rallied on Wall Street Tuesday following a "buy" recommendation from an HSBC analyst as the chipmaker continues to dominate in the A.I. space.
Boeing revs 737 Max production amid delivery pause
Airplane builder Boeing is increasing its 737 Max production after a manufacturing issue with the fuselage caused a pause in delivery, according to the company's CEO.
J&J lifts profit forecast as cancer drugs, Stelara buoy pharma unit
A recovery in medical procedures after being weighed down by hospital staffing shortages helped the medical device unit post sales of $7.48 billion, topping estimates of $7.31 billion.
Elon Musk says Twitter had many employees but little product development
Twitter CEO Elon Musk told Tucker Carlson on FOX News that 80% of Twitter staff is gone and the company has little to no product development.



















