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Tech stocks wrap up steepest three-week slump in two years, led by plunge in Amazon and Intel

Signage outside the Nasdaq MarketSite in New York on March 23, 2023.Stephanie Keith | Bloomberg | Getty ImagesWith second-quarter earnings from tech's mega-cap...

Linde extends its streak of earnings beats, flexes ability to handle any economy

Linde on Friday reported another impressive quarter, as the industrial gas supplier continues to demonstrate its reliability and value in a diversified stock...

Coterra’s strong energy production allowed for big cash returns to shareholders

Coterra Energy missed Wall Street expectations for sales and earnings in the second quarter. However, production volumes and more importantly cash generation both...

Berkshire’s mounting cash pile could top $200 billion as Buffett continues selling stock

Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024. David...

Morgan Stanley tells wealth advisors they can pitch bitcoin ETFs in a first for major Wall Street firms

Morgan Stanley on Friday told its army of financial advisors that it will soon allow them to offer bitcoin ETFs to some clients,...

DraftKings to tax winning bets in high-rate states in a bid to boost profit

Budrul Chukrut | SOPA Images | Lightrocket | Getty ImagesMobile betting powerhouse DraftKings is planning a tax on consumers in states with the...

Olympics draws new investments to niche sports and women’s teams

Players of Team United States celebrate following victory during the Women's Rugby Sevens Bronze medal match between Team United States and Team Australia...

Exxon earnings beat as production in Guyana and Permian sets a record

An Exxon Mobil gas station in Washington, D.C., on Nov. 28, 2023.Al Drago | Bloomberg | Getty ImagesExxonMobil on Friday posted its second...

Chevron earnings miss on lower refining margins, relocates headquarters to Houston

Gas pumps are seen at a Chevron gas station in Orlando.Paul Hennessy | SOPA Images | Lightrocket | Getty ImagesChevron missed second-quarter earnings...

Nintendo profit plunges 55% as sales of its ageing Switch console fall sharply

Nintendo has kept players interested in its ageing Switch console series through key games with characters such as Super Mario and Zelda.Charly Triballeau...

Why not all semiconductor firms are benefitting from the AI boom like Nvidia has

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., displays the new Blackwell GPU chip during the Nvidia GPU Technology Conference on...

Apple’s strong quarter puts it on sure footing ahead of next month’s AI iPhone launch

Apple delivered quarterly beats after Thursday's closing bell ahead of what's expected to be a robust artificial intelligence iPhone upgrade cycle in the...

Apple is spending more on AI, but remains far behind its Silicon Valley peers

Apple CEO Tim Cook opens WWDC 2024 in Cupertino, California, on June 10, 2024.Source: AppleThe topic of greatest interest to analysts on Apple's...

Solar stock Nextracker’s strong quarter is eclipsed by backlog concerns — here’s where we stand

Shares of Nextracker dropped in extended trading Thursday as questions about the solar technology firm's backlog of projects overshadowed its better-than-expected quarterly results....

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