Microsoft Corp. said Wednesday that its profit for the October-December quarter grew 10% from the same time last year as it works to capitalize on the huge amounts of money it has spent to advance its artificial intelligence technology.
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends indicated some progress in the fight to rein in price hikes.
Sales of instruments and accessories, which are single-use tools for surgeries, climbed by 23% year over year to $1.41 billion, while procedure volumes jumped 18%. Procedures for its Ion system, which is used to perform lung biopsies via robotic bronchoscopy, surged 70%.
Boeing posted a fourth-quarter loss of $3.8 billion on Tuesday as a machinists strike and other problems continued to plague the troubled aircraft manufacturer
Starbucks has reported better-than-expected sales in its fiscal first quarter as some of its turnaround efforts start to take hold.
Most of the S&P 500’s 11 sectors were up Friday afternoon, led by sharp gains for consumer discretionary, communication services and information technology. The S&P 500’s consumer-discretionary sector was up 1.
Wall Street’s fear gauge jumped higher Friday afternoon as tariffs fears hit the U.S. stock market. The Cboe Volatility Index, which trades under the ticker symbol VIX, was up more than 6% in afternoon trade at around 16.
AbbVie Inc.'s stock rose 7.7% Friday to lead S&P 500 gainers after the drug company beat fourth-quarter earnings estimates and offered an upbeat view of 2025, as its newer immunology drugs delivered growth needed to offset declining sales of its blockbuster Humira.
Apple Inc. (AAPL) on Thursday delivered on its earnings, helping provide a lift to tech stocks. Still, two out of the "Magnificent Seven," namely Nvidia and Microsoft, were facing a weekly loss. Read: Nvidia's CEO, whose chips play a key role in the DeepSeek drama, becomes latest corporate exec to pay a visit to Trump
The Federal Reserve's favorite inflation gauge showed prices increased slightly in December 2024. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average,
The Job Openings and Labor Turnover survey showed that openings rose in November. Job openings have broadly declined since peaking at 12.2 million in March 2022, but they remain above where they stood before the coronavirus pandemic hit the American economy in early 2020. JOLTS job openings, in millions, by month:
We recently compiled a list of the 7 Cheap Quarterly Dividend Stocks to Invest in. In this article, we are going to take a look at where Bank of America Corporation (NYSE:BAC) stands against the