Latest in Companies’ earnings reports increase volatility of US stocks
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Business - MarketWatch
CVS cuts outlook yet again — while swapping out CEO for a company veteran
“The shift in management is not surprising as the company looks to level set its operations and strategically position itself for future growth,” analyst said.October 18 -
World - The Guardian
US investigates 2.4m Tesla self-driving vehicles after reported collisions
Road safety agency opens evaluation over reported collisions in low visibility. The US government’s road safety agency has opened an investigation into 2.4m Tesla vehicles with the automaker’s ...October 18 -
World - Financial Times
US oil companies risk an unexpectedly large bill
Investor group alleges that US oil and gas groups are breaking the rules on corporate financial disclosureOctober 18 -
Business - Financial Times
ITN told to review use of NDAs in law firm report
UK media company has been accused of using legal contracts to cover up gender pay discrimination, harassment and bullyingOctober 18 -
World - Financial Times
Pension fund use of ETFs surges in Europe
Institutional iShares assets under management have been growing at a compound annual growth rate of nearly 30% in the region, according to BlackRockOctober 18 -
World - Financial Times
A beginner’s guide to US earnings season
Corporate profits matter, but some results matter more than othersOctober 18 -
Politics - The Hill
Teen tobacco use falls to 25-year-low, CDC reports
American teen tobacco use has fallen to a 25-year-low, according to new data analyzed by the Centers for Disease Control and Prevention (CDC) and Food and Drug Administration (FDA) that was ...October 18 -
Business - CNBC
Some workers qualify for a maximum Social Security retirement benefit. But even people with moderate earnings can increase their checks
A 2.5% cost-of-living adjustment in 2025 will push Social Security benefits up for all beneficiaries, including high earners.October 17 -
Business - MarketWatch
Travelers’ stock soars as earnings triple despite record catastrophe losses
ravelers’ stock surges toward another record after earnings beat expectations by a wide margin, amid a sharp improvement in underlying profitability.October 17 -
Business - Financial Times
UK small-cap stocks face ‘existential threat’, report warns
Abrdn calls for stamp duty to be scrapped on FTSE 250 sharesOctober 17 -
Business - MarketWatch
Expedia stock jumps on report of acquisition interest by Uber
Shares of Expedia Group Inc. jumped more than 7% in after-hours trading Wednesday after the Financial Times reported Uber Technologies Inc. was considering a bid to buy the online travel company.October 17 -
Sports - Yahoo Sports
Market is not liking Spark New Zealand's (NZSE:SPK) earnings decline as stock retreats 5.8% this week
Investors can approximate the average market return by buying an index fund. But if you buy individual stocks, you can...October 16 -
Business - MarketWatch
Phunware stock climbs 18% after mobile-advertising company touts generative AI
Shares of Phunware Inc. rose 17.6% on Wednesday after the mobile-advertising software company gave a business update and announced the development of a new generative-AI platform.October 16 -
Business - CNBC
Morgan Stanley shares pop 7% after beating estimates for third-quarter profit and revenue
Morgan Stanley has several tail winds in its favor, from high stock values to a rebound in investment banking and strong trading activity.October 16 -
Business - Financial Times
Lebanon feels it is being punished for a decision Hizbollah made
Civil society has sprung into action but the overwhelming sense of solidarity may be hard to sustainOctober 16 -
Business - Financial Times
UK to consult on ‘opt-out’ AI content scraping in blow to publishers
Decision follows months of lobbying from tech sector and creative industriesOctober 16 -
Business - CNBC
We're raising our Morgan Stanley price target after a post-earnings stock surge to record highs
Morgan Stanley's third-quarter beat on the top and bottom lines, with strength seen across the board.October 16 -
Business - Inc.
Nvidia’s Almost the World’s Most Valuable Company but It’s Still Volatile As Ever
Nvidia’s volatility relative to the S&P 500 has doubled over the last decade even as its market cap soared.October 16 -
Entertainment - ABC News
Japan’s Toho acquires North American animation company GKIDS, Studio Ghibli's US steward
The Japanese entertainment giant Toho has reached an agreement to acquire the Oscar-winning animation outfit GKIDS, the companies said TuesdayOctober 15 -
Business - MarketWatch
Walgreens’ stock has best day in 16 years as company plans to close 1,200 stores
Walgreens’ stock has been hammered this year as consumer shopping patterns have changed, but its CEO says store closures “will realign our footprint to a healthier store base.”October 15 -
Business - CNBC
Bank of America tops estimates on better-than-expected trading revenue
Bank of America benefited from its Wall Street trading and banking divisions in the third quarter, just as rival JPMorgan Chase did.October 15 -
Business - CNBC
Citigroup earnings top estimates, but stock falls as bank boosts loan loss reserves
The bank's third-quarter report was stronger than Wall Street expected but still showed a year-over-year decline in earnings.October 15 -
Business - CNBC
Here's an earnings homework checklist so you can be ready when your companies report
You never want to be playing catch-up in real time while trying to make important buy, sell, or hold decisions.October 15 -
Politics - The Hill
US threatens Israel with arms shipment suspensions over Gaza conditions: Reports
The Biden administration is telling Israeli officials to take immediate measures to address the humanitarian situation in the Gaza Strip or risk cutting off access to key U.S. military assistance. ...October 15 -
Business - CNBC
Goldman Sachs beats on profit and revenue as stock trading and investment banking boost results
Wall Street trading and investment banking has helped the big banks this quarter, and Goldman Sachs results showed why they are a leader in those areas.October 15 -
Top stories - CBS News
CDC reports alarming increase in whooping cough and walking pneumonia among children
Health officials are warning of accelerating cases of whooping cough, particularly among school-aged children. Dr. Jon LaPook explains the rise and how to keep your family healthy this fall.October 15 -
Business - MarketWatch
Albertsons’ stock climbs on Q2 earnings and revenue beat
Albertsons Cos. Inc. shares are up 1% in premarket trades Tuesday after the grocery chain reported better-than expected second-quarter revenue and earnings.October 15 -
Business - MarketWatch
Ericsson stock jumps as AT&T fuels earnings beat
Ericsson shares rallied on Tuesday as the Swedish telecom equipment maker said the market is stabilizing as North America returns to growth.October 15 -
Business - MarketWatch
Longboard Pharmaceuticals’ stock soars amid Lundbeck’s $2.6 billion deal to acquire the company
H. Lundbeck plans to acquire Longboard Pharmaceuticals in a $2.6 billion deal, the companies announced Monday.October 14 -
Business - MarketWatch
Why Apple’s stock is a sweet play ahead of earnings, according to this analyst
An Evercore ISI analyst thinks Apple looks primed to capitalize on low investor expectations for the latest quarter.October 14 -
Business - MarketWatch
Caterpillar’s stock falls after new bear calls out ‘mounting risks’ to earnings
Caterpillar’s stock pulled back from a record on Monday, after an analyst’s warning to sell ahead of earnings, citing valuation and signs of growing risks of weakness in the construction business.October 14 -
Business - CNBC
We're buying more of a stock that has gone on sale since reporting earnings
The purchase will increase the stock's weighting in our portfolio to 2.75% from 2.58%.October 14 -
Business - The Wall Street Journal
U.K. Gambling Stocks Fall on Reports of New Industry Taxes
Shares in Evoke, Entain, Flutter Entertainment and Rank Group tumbled on the back of the reports, which suggest that the U.K. government is aiming to raise up to $3.9 billion from the sector.October 14 -
Business - Financial Times
Chinese stocks gain after Beijing lays out fiscal plans
Government plans to increase spending to boost world’s second-largest economyOctober 14