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.
Apple partners with Goldman Sachs on high-yield savings account
Apple and Goldman Sachs collaborate on new savings account with 4.15% annual percentage yield
Morgan Stanley warns stock market is still 'far from out of the woods'
Morgan Stanley strategist Michael Wilson warned in a Monday note that stock-market investors should prepare for "more negative surprises" in coming months.
Charles Schwab gives spring update, adds over 1 million new brokerage clients
Charles Schwab gave its spring business update on Monday, showcasing financial strategies used to beat Wall Street’s predictions for first quarter earnings.
Merck to acquire Prometheus Biosciences for $10.8B
San Diego, California-based Prometheus Biosciences has a drug in development that treats immune diseases including ulcerative colitis and Crohn’s disease.
Jamie Dimon advises against using term 'credit crunch'
During JPMorgan Chase's first quarter earnings call Friday, JPMorgan Chase CEO Jamie Dimon said he would not refer to potential of banks stopping lending as a credit crunch.
Vanguard narrows ETF gap with BlackRock
The Vanguard Group pulled in a net $25.7 billion into its exchange-traded (ETF) fund over the first quarter, fed by $19.1 billion of flows into its equity products.
JPMorgan shares jump on record quarter
Shares for JPMorgan Chase are higher on Friday after the multinational financial services company reported quarterly earnings that beat Wall Street predictions.
Express shares soar on Walmart Bonobos deal
Shares for Express are up on Friday after the fashion apparel brand and style community bought Walmart's menswear line Bonobos for $75 million. Walmart shares are flat.
Boeing halts deliveries of some 737 MAXs, shares fall
Boeing is dealing with a parts issue that is forcing the planemaker to halt deliveries of some 737 aircraft.
Delta discloses record advance summer bookings
Delta Air Lines reported record bookings for the summer of 2023 in their latest earnings report and provided upbeat outlook, though the airline fell short of Wall Street earning and profit forecasts for the March quarter.
SoftBank selling off most of its Alibaba stake: report
SoftBank has reportedly been selling most of its remaining shares in the e-commerce company Alibaba amid a market downturn.



















