Tag: Breaking News: Markets

Coterra Energy posted a mixed quarter, but delivered beats where it matters most

Coterra Energy on Thursday delivered mixed third-quarter results for sales and earnings. However, production volumes and cash generation — the latter being what...

Super Micro’s $50 billion stock collapse underscores risk of AI hype

The Super Micro Computer Inc. headquarters in San Jose, California, U.S., on Tuesday, Jan. 5, 2021. Bloomberg | Bloomberg | Getty ImagesIn March, Super...

Here’s where the jobs are for October 2024 – in one chart

The jobs report for October came in much weaker than expected, and employment growth across different industries painted a mixed picture for the...

U.S. economy added just 12,000 jobs in October, impacted by hurricanes, Boeing strike

Job creation in October slowed to its weakest pace since late 2020 as the impacts of storms in the Southeast and a significant...

Surge in UK borrowing costs is not a repeat of the ‘mini-budget’ crisis, economists say

LONDON — U.K. borrowing costs are elevated after the Labour government unveiled a huge package of borrowing and tax rises in its Wednesday...

Exxon beats earnings estimates, increases fourth-quarter dividend

Exxon Mobil beat third-quarter earnings expectations, as the oil major reached its highest liquids production level in more than four decades."This quarter is...

Jim Cramer: Abbott stock is ‘dirt cheap’ after a surprising legal win validates our conviction

Abbott Laboratories shares jumped Friday after the Club holding picked up a surprise victory in a trial over the safety of its formula...

Chevron beats earnings expectations, returns more than $7 billion to shareholders

Chevron beat third-quarter earnings and revenue expectations, returning a record amount of cash to shareholders.The company's shares were up more than 4% in...

Apple stuck it to the naysayers with better-than-feared financials, emerging iPhone 16 demand

Apple late Thursday delivered a quarter that can only be described as much better than feared. It wasn't perfect, but it was pretty...

Amazon crushed it in e-commerce and cloud, forecast an impressive holiday quarter

Amazon reported a much better-than-expected third quarter Thursday, with strong growth across online sales, its cloud business and advertising. Margin initiatives lead to...

Trump Media falls nearly 12% as DJT stock pinballs before presidential election

Shares of former President Donald Trump's media company fell nearly 12% Thursday in another volatile trading day leading up to the 2024 presidential...

Microsoft’s stock has worst day in two years after disappointing forecast

Microsoft CEO Satya Nadella speaks at a company event on artificial intelligence technologies in Jakarta, Indonesia, on April 30, 2024.Dimas Ardian | Bloomberg...