Walmart to acquire Vizio for $2.3B, sales outlook, dividend lift shares
Walmart proposed to buy Vizio for $11.50 per share, a premium of 47% to the company's closing price of $7.82 as of Feb. 12, the day before reports about deal talks emerged.
First Paramount, now Apple. Warren Buffett's Berkshire sells shares of tech giant
Berkshire Hathaway dumped a small portion of its Apple shares. The fourth-quarter selloff involved 10 million of the tech giant's stocks, an SEC filing showed.
Warren Buffett's Berkshire Hathaway dumps millions of Paramount shares
Berkshire Hathaway, the conglomerate run by billionaire investor Warren Buffett, offloaded about 30.4 million shares from its investment in Paramount Global.
Inflation driven Dow plunge is worst in 11 months
U.S. stocks took a beating after a hotter than-expected-inflation report sent investors scrambling and questioning whether future rate cuts are now off the table.
S&P 500 hits 5,000 for first time; Microsoft topples Apple as world's largest company
The S&P 500, the broadest measure of the stock market, has never been higher as it cinched its first 1,000-point milestone since April 2021 but skeptics question it's sustainability.
Meta’s new dividend adds $200B in value; Zuckerberg nets $29B in 1 day
Facebook parent Meta is recording the biggest one-day jump in market value for a U.S. company after the tech giant announced it will pay its first quarterly dividend.
Top House Dem faces renewed ethics complaint over wife's $1.5M stock payday
The Center for Renewing America, a conservative policy group, has filed an ethics complaint against Rep. Jamie Raskin, D-Md., for failing to disclose his wife's stock trades.
Bezos plans on selling 50 million Amazon shares during next 12 months
Jeff Bezos may offload a large amount of Amazon shares in the next year, a filing with the Securities and Exchange Commission indicated.
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.


















