Google parent Alphabet sees AI investment providing long-term opportunities
For Google parent Alphabet and its investors, the race to dominate artificial intelligence is a balancing act of spending against a potential payoff and an uncertain timetable.
GM upbeat on 2024, betting on a 'resilient' US economy
GM CFO Paul Jacobson said in a call with reporters that the automaker expects its electric vehicle operations will begin returning variable profit by the second half of the year.
Billionaire Bill Ackman and wife Neri Oxman buying 4.9% stake in Tel Aviv Stock Exchange
The purchase was part of the TASE's secondary offering of 18.5% of its shares, in which it sold 17.2 million shares at 20.60 shekels per share for 353.4 million shekels ($95 million).
GE shares fall as first-quarter outlook disappoints
GE said the aerospace business, which makes engines for jets of Boeing and Airbus, is expected to report $6 billion to $6.5 billion in adjusted operating profit in 2024.
JPMorgan profit shrinks as it sets aside $3B for deposit insurance fund
The largest U.S. lender has benefited from its acquisition of failed First Republic Bank in May that brought in billions of dollars of loans and bolstered its net interest income.
Bank of America profit falls on $3.7B in charges
The U.S. lender posted net income of $3.1 billion, or 35 cents a share, for the three months ended Dec. 31. That compares with $7.1 billion, or 85 cents a share, a year earlier.
Republican states unleash effort opposing SEC climate rule creating new type of company
FIRST ON FOX: Nearly two dozen Republican-led states are joining forces to oppose a Biden administration proposal aiming to create a new corporate taxonomy for environmentalists.
S&P 500 ends 2023 just shy of record, ushering in 2024 election year
The S&P 500 and Dow Jones Industrial Average are riding into 2024 with fresh highs and optimism that stocks can keep climbing into the new year.
Stock market rallies post-Christmas, S&P 500 approaches record high
Stocks rallied during trading Tuesday after the Christmas weekend, pushing the S&P 500 up more than 20 points as it approached record levels.
Deciphering the stock market's holiday rhythms during Christmas and New Year's
Explore how the holiday season affects the stock market: reduced trading, year-end shifts, and festive sentiments influencing investor behavior.
Nike forecast cut rattles sportswear stocks as spending stumbles
The company laid out a $2 billion cost-saving plan on Thursday and said it was adopting a "more prudent approach" to planning for the rest of the year.
22 states take aim at SEC over climate regulations creating new type of company
FIRST ON FOX: Nearly two dozen state financial officers are calling on the Securities and Exchange Commission to halt regulations impacting U.S. natural resources.
Dow closes above 37,000 for first time ever as Powell hints at rate cuts
The Dow Jones Industrial Average roared to a new all-time high, surpassing 37,000 after Federal Reserve Chairman Jerome Powell said policymakers have nearly licked inflation.
Etsy will lay off 11% of its workforce, stock falls
Etsy shares fell Wednesday after the global online marketplace announced it is laying off 11% of its employees and shaking up leadership as part of a restructuring plan.
How to give the gift of stocks this Christmas
Stocks can be an extremely valuable gift to your loved ones. While they may not provide immediate gains, they have the potential to massively grow in profit over time.
Hamas possibly reaped massive financial windfall in bets against Israeli stocks: report
Hamas likely reaped massive windfall while betting against Israeli stocks in the days before the Oct. 7 attacks by the terrorist group, a report claims.
JPMorgan predicts a grim outlook for the stock market next year
JPMorgan Chase analysts warned in a new note to clients that the stock market faces more pain in 2024, projecting the S&P 500 will fall 8% by year's end.
Uber shares rally on S&P 500 inclusion
Uber CEO Dara Khosrowshahi and his investors are celebrating the ride-sharing giant's latest milestone: being chosen as one of the S&P 500's newest members.
5 things you need to know about stock options and the potential investment opportunity at your company
Stock options can potentially earn employees a lot of money if a company is successful. Here's all you need to know before making the investment.
GM authorizes $10 billion share repurchase to benefit shareholders following strike
General Motors wants to give its shareholders a bigger return in 2024, announcing a $10 billion accelerated share repurchase program now that the labor strikes have settled.