Stocks

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.

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 Corp.’s profit slipped in the three months through June as the retail trading frenzy that was born amid the pandemic cooled.

U.S. equity futures are pointing to a higher open when trading begins on Wall Street.

It is back to work for 3,300 flight attendants at American Airlines.

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 has dismissed three senior film marketing executives, reportedly because of comments they made over Slack about management.

GameStop Corp. shares were under pressure Thursday following a report that streaming giant Netflix is planning to enter the video-game industry.

U.S. equity markets were lower Thursday morning after weekly jobless claims fell to a fresh pandemic low.

U.S. equity futures are leaning toward a mixed trading session on Thursday.

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.

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 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.

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.

U.S. equity futures are trading mixed ahead of Federal Reserve Chairman Jerome Powell's two-day testimony before Congress.

Apple Inc is working on a service that will let users pay for purchases in installments, Bloomberg News reported on Tuesday, sending shares of Afterpay Ltd and other "buy now, pay later" (BNPL) companies sharply lower.

Goldman Sachs had the second-best quarterly profit in the firm's history in the quarter ended in June, helped by a strong performance in its investment banking division that more than made up for a decline in trading revenues.

To combat inflation, Pepsico Inc. became the latest U.S. company to warn that it will need to raise prices.

U.S. stock markets closed modestly lower Tuesday as investors weighed the hottest inflation reading in over a decade against strong earnings from Wall Street banks.

Investors are preparing for a busy week as earnings season kicks off with reports from JPMorgan and Wells Fargo as well as Delta.