Wells Fargo shares jump after earnings top Wall Street expectations
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Top stories - BBC News
Tesla shares slide after Cybercab robotaxi revealed
Elon Musk revealed a prototype of the long-awaited robotaxi at a Hollywood film studio - but investors aren't wowed.1 hour ago - Tesla -
Business - CNBC
JPMorgan Chase tops estimates for profit and revenue on better-than-expected interest income
JPMorgan said profit fell 2% from a year earlier to $12.9 billion, while revenue climbed 6% to $43.32 billion.3 hours ago -
Business - CNBC
Tesla shares drop 8% after Cybercab robotaxi reveal fails to impress
Shares of electric vehicle maker Tesla tumbled Friday after the company's long-awaited robotaxi event failed to impress investors.3 hours ago - Tesla -
Business - CNBC
Cerebras IPO has 'too much hair' as AI chipmaker tries to sell Wall Street on Nvidia alternative
Cerebras is playing in a huge market with insatiable investor demand, but its IPO prospectus is littered with red flags that complicate a potential debut.3 hours ago -
Business - CNBC
Wells Fargo shares jump after earnings top Wall Street expectations
The San Francisco-based lender posted $11.69 billion in net interest income, a 11% decrease from the same quarter last year.3 hours ago -
Business - Financial Times
Shares in shipbroker Braemar fall after FT report on Russian ‘shadow fleet’
Moscow is using the vessels to move oil beyond the reach of western sanctions3 hours ago - Russia -
Business - CNBC
Nvidia-backed CoreWeave gets $650 million credit line from top Wall Street banks
CoreWeave, an Nvidia-backed AI startup that rents out GPUs to companies, announced Friday that it has a new $650 million credit line to expand its business.5 hours ago -
Business - The New York Times
Wall Street Profits Surge Despite Questions About the Economy
JPMorgan Chase, Wells Fargo and BlackRock reported strong quarterly results to kick off earnings season, but concerns linger about the strength of the consumer.5 hours ago -
Sports - ABC News
Adam Svensson has personal-best 60 to lead in Utah's return to PGA Tour after 61 years
Adam Svensson has welcomed Utah back to the PGA Tour schedule with the lowest round of the Canadian's career on the tour15 hours ago -
World - The Guardian
Brown bear in Kent recovering well after UK-first brain surgery
Conservation trust says Boki ‘not out of the woods’ yet but doing well after operation to drain buildup of fluid. A brown bear that underwent brain surgery in the first operation of its kind in the ...18 hours ago -
Business - MarketWatch
JPMorgan, Wells Fargo to kick off bank earnings parade as Wall Street weighs lower interest rates
JPMorgan Chase & Co. and Wells Fargo & Co. kick off third-quarter earnings season this coming Friday, as Wall Street looks for fresh clues on how lower interest rates may boost profits for big U.S. ...23 hours ago -
Business - Financial Times
GSK shares jump after drugmaker reaches $2.2bn Zantac settlement
Agreement over heartburn medicine should help to resolve concerns hanging over UK drugmakerYesterday -
Business - MarketWatch
Tilray’s stock turns red as sales miss offsets upbeat post-election outlook
Tilray’s stock gained Thursday, after the cannabis and beverage company reported a smaller loss than expected for its fiscal first quarter, although revenue came up short.Yesterday -
Business - CNBC
Wall Street analysts downgrade Honeywell. We think they're making a mistake
JPMorgan cut the industrial name's rating to neutral from buy, citing concerns that its forthcoming materials spin-off appears dilutive.Yesterday -
Business - CNBC
Inflation rate hit 2.4% in September, topping expectations; jobless claims highest since August 2023
The consumer price index was expected to show a 0.1% increase in September and a 2.3% gain from a year ago, according to Dow Jones consensus estimates.Yesterday -
Business - MarketWatch
Domino’s Pizza tops profit expectations but misses sales view as competition for value-seeking consumer heats up
Domino’s Pizza Inc.’s stock reversed early losses to trade up 1.9% Thursday, after the chain’s fiscal third-quarter profit beat weighed against a slight revenue miss in a still challenging consumer ...Yesterday -
Business - CNBC
Delta sales guidance disappoints, CEO says airline expects lower demand around the election
Delta Air Lines expects to grow earnings in the fourth quarter, thanks to resilient travel demand and strong bookings for year-end holidays.Yesterday -
Politics - The Hill
DeSantis rips Wall Street analysis over Milton assessment
Florida Gov. Ron DeSantis, discussing Hurricane Milton at a Thursday press conference, called out a Wall Street analyst who predicted the storm would cost the state $50 billion. The Republican was ...Yesterday -
Business - MarketWatch
Wall Street’s hottest trade of the summer is at risk of fizzling out
Utilities stocks have had an incredible run in 2024. But has Wall Street’s hottest trade of the summer come too far, too fast?Yesterday -
Sports - CBS Sports
Early 2025 Fantasy Baseball Rankings: Top 20 at shortstop puts Trea Turner lower than you might expect
So that's where all the infield talent has goneYesterday -
Business - Financial Times
The ‘80-hour circuit breaker’: Wall Street banks tackle workloads of junior staff
Moves to cap weekly hours for entry-level bankers butt against reality of competitive industryYesterday -
Business - MarketWatch
Costco reveals sales jump in first month after raising fees, boosted by one crucial week
Costco’s September sales rose 9%, with one key week boosting sales further.Yesterday -
Business - CNBC
Nvidia shares are up 25% in the last month, rallying near a record ahead of tech earnings
Nvidia shares have surged 25% over the last month, with analysts maintaining a bullish outlook as earnings season approaches.Yesterday -
Sports - Yahoo Sports
How Warriors rookie Post leans on Draymond after earning his respect
Quinten Post is leaning on Golden State Warriors teammate Draymond Green for advice in his rookie NBA season after earning the veteran's respect.Yesterday - NBA -
Business - Financial Times
Reeves rules out ‘exit tax’ for wealthy people leaving UK
Chancellor urged to bring in expatriation charge in order to avoid increasing UK capital gains levy in BudgetYesterday -
Business - The New York Times
The Trump-Harris Election Is Creating Anxiety on Wall Street
Among deal makers with fortunes at stake, the consequences of a Harris or a Trump win are increasingly murky.Yesterday - Donald Trump -
Business - The Wall Street Journal
Bayer Shares Plunge After U.S. Legal Setback
Washington state’s top court granted a petition for review in a case over allegations of chemical contamination against Bayer’s Monsanto.2 days ago -
Business - Financial Times
Germany expects economy to shrink in 2024 after cutting forecast
Government predicts rebound in 2025 following 0.2% decline this year as it tries to address long-term structural problems2 days ago -
Business - Financial Times
Jenrick vs Badenoch: meet the next Conservative leader
Elimination of James Cleverly from contest leaves Tory members with choice between two rightwingers2 days ago -
Business - CNBC
Bayer shares drop 7% after U.S. court says it will review Monsanto case
The company said in a statement Wednesday that there was "no basis for a different outcome on appeal."2 days ago