Stocks

The Latest on the Federal Reserve's monetary policy meeting (all times local): 4:45 a.m.

Shares of Blue Apron are nearing $1, close to levels that could eventually lead to its delisting from the New York Stock Exchange.

The hike is the largest in Netflix’s history and the fourth price increase overall.

If shares close the day above $212.07, Apple’s market capitalization will surpass $1 trillion.

Apple's services segment, which also includes Apple Music and the iCloud, posted revenue of $11.45 billion.

The S&P 500 retreated from its record high as the Fed emphasized “solid” economic growth despite low inflation.

Financial markets were mostly closed in Asia on Wednesday for holidays after Wall Street ended a wobbly trading session with meager gains.

The company's upbeat outlook could allay some concerns about reimbursement pressures on the sector.

U.S. stocks were moving lower early Tuesday, dragged down by big communications companies after Google's parent company, Alphabet, reported a slowdown in revenue growth.

Weak iPhone demand is still causing Apple's overall sales to shrink, despite the company's effort to emphasize services designed to bring in a steady flow of money from its 1.4 billion devices still in use.

U.S. stocks managed to post meager gains Tuesday, enough to nudge the S&P 500 to an all-time high for the third straight day.

___ Apple's fiscal 2Q revenue, profit sag amid iPhone slump SAN FRANCISCO (AP) — Weak iPhone demand is still causing Apple's overall sales to shrink, despite the company's effort to emphasize services designed to bring in a steady flow of money from its 1.4 billion devices still in use.

The latest on developments in financial markets (all times local): 9:35 a.m.

The disappointing result came amid intense competition in the advertising space from the likes of Facebook and Amazon.

Warren Buffet's Berkshire Hathaway is financing a bid by Occidental Petroleum for Anadarko, potentially upending Chevron's $33 billion offer for the energy company.

General Electric Co. (GE) on Tuesday reported first-quarter net income of $3.59 billion, after reporting a loss in the same period a year earlier.

A disappointing quarterly report from General Motors also weighed on the market.

Keytruda has driven much of Merck's recent growth as it maintains its lead as an initial treatment for advanced lung cancer.

Total revenue fell about 4 percent to $5 billion.

Asian stock markets were mixed Tuesday after Wall Street hit a new high and Chinese factory activity grew in April but below the previous month's pace.