Estimated read time 17 min read
Stock Market News

Fourth-quarter earnings are near halfway done. Results have gotten better.

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With the U.S. fourth-quarter earnings reporting season almost halfway through, the financial industry is fretting over souring consumer credit. Companies that make shoes and clothes [Read more about this post…]

Estimated read time 8 min read
Stock Market News

Intel shares dip after report of delayed opening for massive Ohio chip factory

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Shares of Intel Corp. slipped in extended trading Thursday after the Wall Street Journal reported that the start of production at the chip maker’s new [Read more about this post…]

Estimated read time 13 min read
Stock Market News

Intel’s stock sees worst plunge since 2020: ‘Yet another major reset’

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As Intel Corp.’s stock plunged to its biggest one-day drop in about three and a half years, analysts had some harsh words for the chip [Read more about this post…]

Estimated read time 12 min read
Stock Market News

Intel seen struggling to ‘find its footing’ as guidance miss sends stock tanking

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Intel Corp.’s stock hasn’t seen a double-digit percentage decline in more than two years. But it might break that streak after a downbeat earnings forecast. [Read more about this post…]

Estimated read time 8 min read
Stock Market News

Wayfair’s job cuts reportedly hit remote workers harder

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In the ongoing fight between managers and employees over remote work, online furniture and home-goods retailer Wayfair Inc., in its latest round of job cuts, [Read more about this post…]

Estimated read time 26 min read
Stock Market News

Cost cutting may see profit margins rising again in 2024

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After higher costs and shaky consumer demand caught up with corporate America last year, Wall Street now expects corporate profit margins to rebound through the [Read more about this post…]

Estimated read time 6 min read
Stock Market News

Mobileye’s stock melts down as inventory issues prompt grim revenue warning

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Shares of Mobileye Global Inc. were tanking in Thursday’s premarket action after the company, which makes self-driving technology, issued a revenue warning as its customers [Read more about this post…]

Estimated read time 13 min read
Stock Market News

These 20 stocks soared the most in 2023

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The 2023 rally for stocks in the U.S. accelerated as more investors bought the idea that the Federal Reserve succeeded in its effort to bring [Read more about this post…]

Estimated read time 2 min read
Stock Market News

Dow lands second-highest close ever as stocks build on eight-week winning streak

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U.S. stocks closed higher Tuesday, building on a streak of eight straight weekly gains as the final, holiday-shortened week of 2023 got under way. What [Read more about this post…]

Estimated read time 6 min read
Stock Market News

Synopsys and Ansys in talks to merge: report

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Shares of Ansys Inc. soared 18% in trading Friday on reports the company is in discussions to be acquired by Synopsys Inc. in a deal [Read more about this post…]