UPS to cut its Amazon business by more than 50%. Here's why.
UPS's stock tumbled 17% in midday trading, putting it on track to break the current record selloff of 12.1% seen on July 23, 2024. It was by far the biggest decliner in the S&P 500 index SPX and was ...
Apple Earnings: What to Watch
The iPhone maker reports quarterly results after the closing bell today. Here’s what investors will be looking out for. Apple is expected to earn $2.35 a share for its fiscal first-quarter, which ...
Altria says counterfeit e-vape products are impacting its business outlook
Altria exited that stake in 2023. Altria Group Inc.'s stock fell Thursday after the tobacco giant said it continues to face the challenge of counterfeit products in the rapidly growing vape market.
Wall Street Expects Lazard’s Profit to Decline
Wall Street analysts don’t expect the same performance in Lazard’s results, due out Thursday. Analysts expect the bank to ...
Cigna Stock Dives After Earnings. Here’s What Went Wrong.
It happened again on Thursday morning, when Cigna Group reported quarterly earnings. The results missed estimates and management’s financial guidance for next year was lower than Wall Street expected.
MAG-7 earnings: Microsoft shares drop 5%, Meta up 2% after quarter results, both companies post profit
Microsoft shares dropped 5 per cent, while Meta was up 2 per cent after their October-December Q1 results, both companies posted profits, according to AP reports.
Wall Street Seen Opening On Mixed Note; Earnings, Economic Data Hold The Key
Futures indicate a mixed start for U.S. stocks on Wall Street, where the focus is on earnings updates from big name tech companies ...
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DeepSeek: European Stock Markets Rise Before ECB Rate Call
The ECB announcement will follow the Federal Reserve's decision to keep US borrowing costs on hold Wednesday as inflation.
Quest Diagnostics' 4Q Net, Revenue Rise; Forecasts More EPS Growth
Quest Diagnostics' fourth-quarter net income and revenue rose beyond Wall Street expectations, and the medical firm forecast more growth in 2025 amid rising demand for its health-care tests.
PulteGroup 4Q Revenue Tops Wall Street's Estimates Amid Higher Closings
The Atlanta homebuilder logged net income of $913.2 million, or $4.43 a share, compared to about $711 million, or $3.28 a share, a year earlier. Analysts polled by FactSet expected $3.26 a share.
US stock market confronts risks as investors grapple with tech, Fed outlook
Risks to the U.S. stock market are piling up as cracks emerge in the technology trade and the path for interest rates is ...
Tesla Q4 results fall short of forecasts. Musk sees unsupervised full self-driving in Texas in June
Tesla’s fourth-quarter adjusted profits rose slightly amid a big push to sell its electric vehicles with offers of zero financing and other incentives, but the results still fell short of Wall Street ...