Coca-Cola results lifted by vaccine rollouts as restaurants, venues reopen
Coca-Cola Co trounced estimates for quarterly profit and revenue on Monday, fueled by strong demand for its sodas as vaccine rollouts and relaxed restrictions in Asia encouraged consumers to return to their pre-pandemic routines.
Dow, S&P close at records in 4th straight week of gains
U.S. equity markets climbed to record highs Friday and were on track for a fourth straight week of gains.
Trucking giant beefs up fleet size to meet surging demand
J.B. Hunt Transportation Services Inc. is doubling the size of its 2021 fleet order in an effort to keep pace with surging customer demand.
Morgan Stanley books Archegos loss, but profit hits new high
Morgan Stanley's first-quarter profit more than doubled from a year earlier, reporting a profit of $4.1 billion, despite the bank's record performance being offset by Archegos losses.
Dow closes above 34K for first time on jobs, retail bounce
Stocks hit records highs Thursday as investors sifted through another batch of earnings and strong jobs, retail sales data.
Amid GameStop frenzy, Elon Musk gets half-hearted support from Einhorn
Hedge fund manager David Einhorn “half-heartedly” defended nemesis Elon Musk in his quarterly letter to investors amid accusations the Tesla CEO helped fuel the recent short-squeeze in GameStop shares.
Delta sees profit later this year as it posts another dismal quarter
Air travel, stifled by the COVID-19 pandemic, is widely expected to rebound in the second half of 2021 as wide vaccine rollouts encourage travel and drive summer bookings.
Coinbase stock jumps in Nasdaq debut
Coinbase Global Inc. shares surged above the reference price that was set by the Nasdaq.
Wells Fargo earnings jump as economy bounces back
Wells Fargo's sevenfold rise in profits came during what is shaping up to be an economic resurgence. That has prompted banks to release some of the money they stowed away last year to protect against soured loans, which has boosted their bottom lines.
Biden spending spree to unleash inflation, big-money managers worry
Big-money managers worry President Biden’s ambitious spending plans could derail the momentum seen in markets and the economy, according to a new Bank of America survey.
Nasdaq jumps 1%, Johnson & Johnson keeps Dow down
U.S. equity markets ended mixed after the U.S. Food and Drug Administration recommended Johnson & Johnson’s COVID-19 vaccine be paused amid blood-clotting concerns and consumer prices rose at the fastest pace in over eight years.
Blowout earnings won’t guarantee stock bounce
Blockbuster earnings results may not power the stock market to new highs like many investors are hoping, says one Wall Street bank.
Goldman risk group examines 2021 market events for lessons
Goldman Sachs Group Inc (GS.N) executives are examining how well the bank navigated several major market events this year that caused extreme volatility, people familiar with the matter told Reuters.
Microsoft, Nuance $19.7B deal to keep M&A hot
Microsoft Corp. has agreed to acquire healthcare artificial intelligence software provider Nuance Communications in a deal valued at $19.7 billion, including debt.
Stocks slip off record highs as Microsoft nabs Nuance in $19.7B deal
U.S. stocks pulled back as investors readied for the start of earnings season.
GameStop investor Melvin Capital lost 49% on its investments in first quarter: source
BOSTON - Melvin Capital, the hedge fund at the center of the GameStop GME.N trading frenzy, lost 49% on its investments during the first three months of 2021, a person familiar with the matter said on Friday. The fund, founded by Gabe Plotkin, lost 7% in March, the source added, speaking on condition of anonymity
Dow, S&P hit record highs as producer prices surge
U.S. equity markets climbed to record highs Friday after producer prices spiked by the most in more than nine years.
Impossible Foods in talks to list on the stock market
Impossible Foods Inc is preparing for a public listing which could value the U.S. plant-based burger maker at around $10 billion or more, according to people familiar with the matter.
GameStop's strong stock performance triggered board director's exit
Hestia Capital Partners LP managing director Kurt Wolf joined GameStop Corp's board to make the U.S. video game retailer more valuable. Then it became too valuable for him to stay on.
S&P 500 hits record as weekly jobless claims unexpectedly rise
The S&P 500 rallied to record highs Thursday as Big Tech outperformed and as weekly jobless claims unexpectedly rose.



















