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‘We stand by Simone’: Sponsors Athleta, Visa, Uber support Simone Biles’ withdrawal from Tokyo Olympics events
Today 17:27 EDT
LendingClub stock jumps 40% after surprise Q2 profit
Today 16:50 EDT
LendingClub Corp. shares rally more than 40% in the extended session Wednesday after the company reports a surprise quarterly profit and revenue above Wall Street expectations.
ServiceNow beats earnings estimates on strength of subscriptions
Today 16:42 EDT
Citing "strong demand across all regions and workflows," ServiceNow Inc. on Wednesday reported quarterly results that beat expectations.
Qualcomm earnings more than double, stock heads higher
Today 16:31 EDT
Qualcomm Inc. shares rose in the extended session Wednesday after the chip maker's quarterly results topped its own estimates as well of those from Wall Street.
Lam Research tops $4 billion in quarterly sales for first time amid semiconductor shortage
Today 16:31 EDT
Lam Research Corp. sold more than $4 billion worth of semiconductor-manufacturing equipment and services in a single quarter for the first time and produced record profit as chip companies continue to...
PayPal Holdings Inc. topped profit expectations for its latest quarter but delivered a lower-than-expected outlook amid impacts from eBay Inc.'s continued transition to its own managed payments...
Ford Motor Co. late Wednesday swung to a surprise quarterly profit, saying "strong" demand allowed it to forgo discounts on its vehicles, and guided for a better 2021 with an improving outlook for chip...
Facebook blows past estimates, but warns growth will ‘decelerate’ in second half of year
Today 16:23 EDT
Facebook Inc. is the latest tech giant to cash in on a surge in digital advertising, but worrisome guidance in the second half of the year initially sent its shares down 5% in extended trading...
Revenue growth at the Azure cloud unit accelerated past 50% in the three months through June, helping the company notch the fastest total sales growth in three years.
Fed says economy has ‘made progress’ toward standards for tapering, but not enough to start yet
Today 14:04 EDT
The Federal Reserve on Wednesday said the economy has made progress toward standards needed to begin to slow down asset purchases but not enough for tapering yet.
Tilray shares rocket 26% after it swings to a surprise profit and target of $4 billion in revenue by 2024
Today 13:42 EDT
Shares of Canadian cannabis company Tilray Inc. jumped 26% Wednesday, after the company posted a surprise profit for its fiscal fourth quarter, in its first earnings report since it closed its merger...
Biden should reject the infrastructure plan written by Exxon and invest in saving the climate instead
Today 13:24 EDT
As disaster after disaster unfolds, any plan that doesn’t tackle the climate crisis with urgency isn’t worth taking seriously.
One public company is leading the way in the infrastructure buildout needed for EV charging's "hyperbolic growth," Evercore ISI says.
SEC’s Gensler promises new climate risk rules by year end; stays mum on company liability
Today 12:49 EDT
Securities and Exchange Commission Chairman Gary Gensler said Wednesday that the SEC will release a proposed rule mandating public companies disclose climate risk by the end of the year, but gave few...
Duolingo Inc. shares jumped more than 38% Wednesday after the language-tutorial app company priced its initial public offering well higher than its original forecast.
‘My goodness’ — Patrick Mahomes reacts to a record $4.3 million sale of his rookie card
Today 12:24 EDT
The previous highest sale ever for an NFL card was $3.1 million for a 2000 Tom Brady rookie autograph card
With skyrocketing sales, YouTube is as big as Netflix
Today 11:58 EDT
In raising his price target on Google shares to $3,200, Raymond James analyst Aaron Kessler cited long-term advertising revenue growth driven by search and YouTube, as well as advertisers increasingly...
AMD stock flirts with record highs while chip maker takes more market share from Intel
Today 11:58 EDT
Advanced Micro Devices Inc. shares flirted with record highs Wednesday as Wall Street analysts appeared to be in lockstep on one theme following the chip makers strong results: AMD will be eating more...
GameStop, Victoria’s Secret to join S&P Midcap 400
Today 11:49 EDT
GameStop Corp. and future standalone public company Victoria's Secret are among the additions to the S&P 400 mid cap index, index provider S&P Dow Jones Indices said late Tuesday.
A standout quarter for Apple Inc. has analysts wondering whether we've seen peak Apple—or whether the smartphone giant is still "early" in its journey of smartphone dominance.
Here’s what’s worth streaming in August 2021: ‘Nine Perfect Strangers,’ ‘The Chair’ and more
Today 10:59 EDT
Europe stocks post modest gains, lifted by Gucci owner Kering as banking heavyweights also report
Today 10:35 EDT
European stocks rose modestly on Wednesday as retail stocks rose, with Deutsche Bank and Barclays also in focus following results.
There have been surprising results so far from the decision to relax coronavirus restrictions in England
CDC head explains change on face-mask policy and urges unvaccinated to get shots, as delta variant of COVID-19 spreads to 132 countries
Today 10:31 EDT
The head of the Centers for Disease Control and Prevention took to the airwaves on Wednesday to explain her agency's renewed recommendation for face masks as a protective measure against COVID-1 9 even...
Stock-market investors are ‘staring down the barrel of seasonal weakness for next 3 months’
Today 10:22 EDT
It's the most unfavorable time of the year when it comes to stock-market “seasonality” --- and while that's usually not enough to dictate market calls, it's worth paying attention to, a top Wall Street...
You can beat stock market indexes — this fund manager has, and this is how she and her team did it
Today 10:10 EDT
Five key lessons on outperformance from Prabha Ram at the American Century Focused Dynamic Growth Fund.
Biden to tout manufacturing in Pennsylvania visit as pressure rises for infrastructure deal
Today 10:01 EDT
President Joe Biden on Wednesday is due to tout American manufacturing in a visit to a truck plant in Pennsylvania, as pressure is rising in Washington for a deal on infrastructure.
Google parent Alphabet’s worth to Wall Street soars after blowout results, with UBS lifting share-price target to $3,600 a share
Today 8:57 EDT
The love-in was in session Wednesday on Wall Street after Alphabet's results as big tech rivals Apple and Microsoft also reported quarterly financial results.
U.S. trade deficit in goods climbs 3.5% in June to $91.2 billion and hits another record high
Today 8:42 EDT
The U.S. trade deficit in goods rose 3.5% in June to a record $91.2 billion, reflecting a strong appetite among Americans for imports as the U.S. economy recovers from the coronavirus.