Stocks

Disney misses on parks revenue, streaming subscribers but sees strong growth ahead

Disney reported overall revenue of $15.6 billion, down 13% compared to $18 billion a year ago. Meanwhile, net income in the quarter was $912 million, up 95% compared to $468 million a year ago. Excluding certain items, Disney's diluted earnings per share came in at 79 cents, compared to 60 cents per share a year ago.

Boeing wins FAA OK for 737 MAX electrical fix, notifies airlines

Boeing Co on Wednesday won approval from U.S. regulators for a fix of an electrical grounding issue that had affected about 100 737 MAX airplanes, clearing the way for their quick return to service after flights were halted in early April, the planemaker said.

Toyota Q4 profit nearly doubles, beats expectations

Toyota Motor Corp reported on Wednesday its fourth-quarter operating profit jumped 92%, as it shrugged off chip-supply issues and as its sales recovered from the impact of the coronavirus pandemic.

Dow slides 473 points as Nasdaq mounts comeback

U.S. equity markets traded lower Tuesday afternoon as technology and growth stocks pared their losses after falling sharply in early trading amid continued worries over inflation and what it might mean for Federal Reserve policy.