Tech stocks plunge as Wall Street fears stretched valuations. Will value stocks win?
U.S. stocks mostly sold off Monday, amid fears China’s AI company DeepSeek could disrupt profits for Big Tech stocks.
Starbucks reports better-than-expected quarterly sales as turnaround efforts begin
Starbucks has reported better-than-expected sales in its fiscal first quarter as some of its turnaround efforts start to take hold.
Wall Street’s 'fear gauge' subsides as Treasury yields retreat this week
Wall Street’s so-called fear gauge has dropped this week, as the U.S. stock market appeared relieved that Treasury yields retreated from their recent climb. The Cboe Volatility Index was down 3.5% on Friday afternoon at 16,
General Motors swings to fourth quarter loss on charges related to China, but tops expectations
General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue expectations on Wall Street
Wall Street’s fear gauge drops as U.S. stock market posts broad rally
Wall Street’s so-called fear gauge was down Tuesday, as the U.S. stock market staged a broad rally in its first day of trading under the new White House administration. The Cboe Volatility Index was falling around 4.
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General Motors Swings to 4th Quarter Loss on Toughing China Conditions
GM faces China setback but beats expectations, offers generous profit-sharing to workers, and navigates U.S. regulations.
Markets latest: Nvidia leads Wall Street sell-off in Big Tech stocks
The tech-heavy Nasdaq Composite index slid 3.5 per cent shortly after the opening bell, while the broader S&P 500 fell about 2 per cent. Nvidia, which surged last year on bets that Big Tech companies would require vast numbers of advanced chips to power their AI models, sold off by 13 per cent.
Wall Street hovers near records, Fed, megacap earnings awaited
US equities were poised to end the first week of Donald Trump’s second term higher, checked by the outlook for rates and earnings.
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General Motors swings to fourth quarter loss on toughing China conditions, but tops expectations
General Motors swung to a loss in the fourth quarter on an increasingly difficult environment in China, but still topped profit and revenue expectations on Wall Street. For the three
JetBlue Stock Falls 16% After Earnings. The Airline’s Guidance Was Weak.
JetBlue Airways lost less money than Wall Street was expecting in the fourth quarter, but that wasn’t enough to stop the company’s shares from racking up double-digit losses on Tuesday. The low-cost carrier reported an adjusted loss of 21 cents a share on revenue of $2.
Fed’s Balance-Sheet Plans Mystify Wall Street as Officials Meet
Buried in a rote US Treasury survey released on the eve of the latest holiday weekend was a question that all of Wall Street wants the answer to: What’s the Federal Reserve’s plan once it’s done drawing down its crisis-era bond holdings?
Can The Magnificent 7 Maintain An Upbeat Earnings Season?
The Q4 earnings season continued on a positive note after big banks and other financials struck a bullish tone in the first two weeks of reporting. Click to read.