Chevron Corp. CVX reported stronger-than-expected third-quarter earnings on Friday as disruptions to global fuel supplies lifted refining margins, helping the oil major offset weaker contributions from its oil and gas…
-
-
In January 2002, shortly after the launch of the Starbucks Card, Michael Casey was its CFO and he reportedly gave a novel description of how Starbucks would use those funds.…
-
The contrasting reaction to Microsoft MSFT and Alphabet’s latest earnings has offered Jim Cramer a fresh reason to favour one of the technology giants over the other, as investors increasingly…
-
Nasdaq 100 futures extended their decline today as investors sold off leading artificial intelligence stocks. The index fell to 28,770, which is 8.35% below its high for the year and…
-
The FTSE 100 Index has held steady in the past few days, moving from a low of 10,632 on October 28 to the current 10,763 points. It rose after the…
-
SanDisk stock (NASDAQ: SNDK) extended its decline after Thursday’s earnings announcement, despite the memory maker reporting a 378% jump in quarterly revenue and stronger profits than Wall Street expected. The…
-
Japan’s Nikkei 225 slumped nearly 3% on Friday as a renewed sell-off in global technology shares overwhelmed the Bank of Japan’s widely expected decision to leave interest rates unchanged. The…
-
South Korea’s KOSPI plunged more than 5% on Friday, triggering emergency trading curbs as Samsung Electronics and SK Hynix tumbled in a fresh rout of artificial intelligence-linked shares. The benchmark…
-
Amazon shares AMZN fell sharply in after-hours trading on Thursday after the company reported third-quarter revenue and earnings below Wall Street expectations, while its $220 billion capital expenditure plan renewed…
-
US stocks fell on Thursday as investors reassessed the scale of artificial intelligence spending by major technology companies and digested a fresh batch of corporate earnings and inflation data. The…