Oracle Jumps on Beat, Raises FY2027 Outlook
Shares Pop After Results and Higher Long-Term Target Oracle rallied in extended trading Tuesday after the company posted a quarterly beat and lifted its fiscal 2027 revenue outlook. The software and cloud
Berkshire slides after profit drop and cautious cash stance
Shares post biggest fall since Buffett named Abel successor Berkshire Hathaway shares fell sharply on Monday after the conglomerate reported results that missed some analysts’ expectations and signaled a cautious approach to
Target shares jump on profit beat and 2% sales outlook
Earnings top forecasts as revenue and traffic keep slipping Target reported another quarter of declining revenue and weaker customer traffic on Tuesday, but shares rose sharply after the retailer posted better-than-expected earnings
American Express Profits Rise 12% as Consumer Spending Surges
American Express Co. reported a 12% increase in profits, fueled by higher-than-expected consumer spending during the holiday season. The company’s strong performance in the fourth quarter signals continued momentum into the new
American Airlines Stock Drops Despite Record Revenue
What Happened American Airlines (AAL) shares declined Thursday morning after the airline reported record fourth-quarter revenue but issued a weak profit outlook for the first quarter. Key Earnings Highlights Analyst Perspective Bloomberg
UBS Predicts 10-Year US Bond Yield to Hit 4.25% in 2025
What Happened UBS released its latest forecast for the US bond market, predicting the 10-year Treasury yield will rise to 4.25% by the end of 2025, with the 2-year note yield reaching
Netflix Raises Prices After Record Q4 Subscriber Growth
What Happened Netflix announced Tuesday it will raise prices on most of its subscription tiers in the US and Canada following a record-breaking 19 million new subscribers in Q4 2024. The streaming
Nvidia Stock Jumps 4% on $500 Billion AI Investment Plan
What Happened Nvidia (NVDA) shares surged 4% on Wednesday after news broke that the company has been selected as the main technology partner for Stargate’s $500 billion AI infrastructure project. The partnership
Wealth and Power Collide at Trump’s Inauguration
What Happened The inauguration of Donald Trump as the 47th President of the United States on Monday was marked by the presence of the world’s wealthiest individuals, drawing comparisons to the annual
Charles Schwab Reports 44% Profit Surge in Fourth Quarter
What Happened Brokerage firm Charles Schwab announced a 44% rise in profit for the fourth quarter, driven by a significant increase in asset management fees. The news sent Schwab’s shares up by
JPMorgan Chase Posts Record Earnings and Revenue
JPMorgan Chase Posts Record Earnings and Revenue, Setting Banking Milestones JPMorgan Chase reinforced its position as the largest and most profitable U.S. bank by reporting record quarterly and annual earnings and revenue
Eli Lilly Stock Falls 8% on Lower-than-Expected Zepbound Sales Forecast
Eli Lilly Stock Falls 8% on Lower-than-Expected Zepbound Sales Forecast Eli Lilly’s shares dropped 8% on Tuesday after the pharmaceutical giant forecast fourth-quarter sales for its weight-loss drug Zepbound below Wall Street
Johnson & Johnson Acquires Intra-Cellular Therapies for $14.6 Billion
Johnson & Johnson Acquires Intra-Cellular Therapies for $14.6 Billion Johnson & Johnson (J&J) announced on Monday its $14.6 billion acquisition of neurological drugmaker Intra-Cellular Therapies, marking its largest deal in over two