IBM beats Wall Street expectations with $1.33B in revenue
International Business Machines Corp. (IBM) on Monday reported second-quarter earnings of $1.33 billion.
Dow posts biggest single-day drop this year as COVID-19 worries resurface
U.S. stock markets suffered their steepest single-day declines of the year on Monday as the recent rise in COVID-19 infections stoked fears of an economic slowdown.
Car demand to remain strong into next year: AutoNation CEO
Strong demand for automobiles is showing no sign of slowing, according to AutoNation CEO Mike Jackson.
Robinhood initial public offering targets $35B valuation
Robinhood Markets Inc. is seeking a valuation of up to $35 billion as it prepares for one of the most-anticipated initial public offerings of the year.
Blue Origin spaceflight, Bitcoin, Elon Musk's Tesla-SolarCity trial top week ahead
Investors will take in a wave of earnings this week from big names including IBM, Netflix, Chipotle Mexican Grill, Coca-Cola, Twitter, American Express, American Airlines, Southwest Airlines, AT&T, Intel, Snap, Verizon and Domino's Pizza.
Apple drops to third in global smartphone market share, research firm says
Tech giant Apple dropped to third place in share of the global smartphone market as economic recovery from the coronavirus pandemic drove an uptick in demand for the devices, according to preliminary data from research firm Canalys.
Stocks slide as coronavirus, inflation worries creep up
U.S. equity markets reversed early gains as worries mounted over an uptick in COVID-19 cases and a consumer sentiment survey for July highlighted inflation concerns that are sweeping across America.
Charles Schwab trading volume plunges as retail trading frenzy cools
Charles Schwab Corp.’s profit slipped in the three months through June as the retail trading frenzy that was born amid the pandemic cooled.
Stock futures moving higher to end the week
U.S. equity futures are pointing to a higher open when trading begins on Wall Street.
American Airlines recalling more than 3,000 flight attendants to handle travel crowds
It is back to work for 3,300 flight attendants at American Airlines.
US requires more tests for safety switches on Boeing 737 jets
Federal regulators will require more frequent testing of switches on Boeing 737s that trigger warnings to pilots about a dangerous loss of cabin pressure.
Netflix fires marketing execs after critical comments made on Slack
Netflix has dismissed three senior film marketing executives, reportedly because of comments they made over Slack about management.
GameStop shares slide as Netflix plots streaming video games
GameStop Corp. shares were under pressure Thursday following a report that streaming giant Netflix is planning to enter the video-game industry.
Stocks lower with jobless claims, earnings in focus
U.S. equity markets were lower Thursday morning after weekly jobless claims fell to a fresh pandemic low.
Stock futures trade mixed ahead of economic data, bank earnings
U.S. equity futures are leaning toward a mixed trading session on Thursday.
US urges 50,000 Chevy Bolt owners to park outside because of fire risks
U.S. auto safety regulators on Wednesday urged about 50,000 owners of General Motors electric Chevrolet Bolt vehicles that were recalled last year to park outside and away from homes and other structures after charging because of fire risks.
Texas Rep. Pat Fallon dumped Microsoft stock before Pentagon nixed $10B JEDI contract
A congressman who supervises the Defense Department’s tech spending dumped up to $250,000 worth of Microsoft stock two weeks before the Pentagon revealed it was canceling a $10 billion contract with the software giant, according to public documents.
American Airlines lifts guidance ahead of second quarter earnings
American Airlines has raised its second quarter guidance ahead of its official earnings announcement next week as air travel demand is showing new signs of strength after plunging during the COVID-19 pandemic.
Stocks finish mixed as Fed's Powell says rates will remain low
U.S. equity markets ended mixed after Federal Reserve Chairman Jerome Powell said the central bank expects to keep rates low for the foreseeable future.
Stock futures trade mixed ahead of bank earnings, Fed testimony
U.S. equity futures are trading mixed ahead of Federal Reserve Chairman Jerome Powell's two-day testimony before Congress.


















