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Stock market today: Tech leads rebound as traders move on from CPI and brace for earnings
US stocks rebounded Thursday, moving past inflation fears that triggered a sell-off in Wednesday's …
Yuheng Zhan
Massachusetts' millionaire tax is earning more than expected and could help make up for the last few years of high earners fleeing the state
The millionaires tax in Massachusetts beat estimates by bringing in $1.8 billion so far, helping th…
Cork Gaines
Brace for big cuts to corporate earnings as companies adjust to a tougher credit environment, Bank of America says
"We forecast an in-line quarter, but the focus will be on guidance and tighter credit conditions im…
Jennifer Sor
US stocks rise amid earnings, fresh Fed comments on rates
The S&P 500 is closing in on 5,000 for the first time ever. Stocks rose as traders digest earnings …
Jennifer Sor
Eli Lilly soars 8% after Q1 earnings reveal surging popularity for its Zepbound weight-loss drug
"Demand continues to outstrip even increased supply," Eli Lilly's CFO said of its Zepbound weight l…
Matthew Fox
Tesla stock soars 14% after Elon Musk commits to affordable vehicle launch following Q1 earnings miss
"We're updating our future vehicle lineup to accelerate the launch of our low-cost vehicles in a mo…
Matthew Fox
Warren Buffett praises Tim Cook, slams companies that exaggerate their earnings, and underlines the power of interest rates in his shareholder letter. Here are the 7 best quotes.
The Berkshire Hathaway CEO emphasized his long-term investing style, bemoaned his company's huge ca…
Theron Mohamed
Warren Buffett calls out a spike in deceptive earnings, bemoans a lack of bargains, and trumpets Berkshire Hathaway's 'Four Giants' in his shareholder letter
The investor touted Berkshire's enormous scale and tax contributions, and eulogized the boss of one…
Theron Mohamed
C3.ai stock skyrockets 26% as earnings beat keeps the AI hype soaring
The AI company delivered strong earnings for the latest quarter, and it said it will invest aggress…
Phil Rosen
I use my psychic powers to help corporations make money. My best ideas have earned me more than $500,000.
Kate Tomas is a corporate psychic. She says CEOs have paid her hundreds of thousands to help them m…
Lakshmi Varanasi
The average Uber and Uber Eats driver saw their earnings decline over 15% in 2023, per Gridwise
The average Uber and Uber Eats drivers saw their earnings decline over 15% in 2023, per Gridwise. B…
Jacob Zinkula
Warren Buffett's Berkshire Hathaway is now worth almost $1 trillion after post-earnings stock surge
Shares of Berkshire Hathaway have been on a tear recently, rising about 17% in the first two months…
Matthew Fox
Arm Holdings soars 64% after strong earnings shed light on its exposure to the growing AI industry
"More and more AI is running on more end devices, and that's all running on Arm," ARM CEO Rene Haas…
Matthew Fox
Stocks are adjusting to the new normal of high volatility, but haven't yet priced in coming 'macro damage,' BlackRock says
The US economy is the weakest its ever been outside an official recession, according to one measure…
Jennifer Sor
Ambuja Cements Q1 profit up 31.2% to ₹1,135.46 cr; revenue up 8.4%
Ambuja Cements on Wednesday reported an increase of 31.2 per cent in consolidated net profit at Rs …
PTI
M&M group stocks under pressure after RBL Bank investment, TechM's earnings miss
Stocks of the Mahindra & Mahindra (M&M) group have been under selling pressure and were the top Sen…
'The AI party is just getting started': Here's what Wall Street expects from Nvidia's 4th-quarter earnings
"We believe peak spending is still ahead for the AI market as many enterprises head down the AI use…
Matthew Fox
'Another train wreck' earnings call: How Wall Street is reacting to Tesla's sobering 4th-quarter report
"We were dead wrong expecting Musk and team to step up like adults in the room," Dan Ives of Wedbus…
Jennifer Sor
Uber climbs as the ride-hailing service forecasts adjusted profit for the 3rd quarter
Uber also increased the top end of its gross bookings outlook for the third quarter to $22.8 billio…
Carla Mozée
US stocks end mixed as investors digest latest earnings and inflation data
All three benchmark indexes notched weekly losses, with the S&P 500 sliding into correction territo…