Apple CEO Tim Cook, center, watches during the inauguration ceremonies for President Donald Trump, right, and Vice President JD Vance, left, in the rotunda of the U.S. Capitol in Washington, Jan. 20, 2025.Shawn Thew | Afp | Getty ImagesA tale of two different technology companies is playing out this...
Block shares were on track for their second-worst day Friday, plunging more than 20% as investors digested a brutal quarterly report and a wave of analyst downgrades centered on one issue: Cash App.The first-quarter earnings miss rattled Wall Street, prompting multiple firms — including Wells Fargo, Seaport, BMO, and...
Job growth was stronger than expected in April despite worries over the impact of President Donald Trump's blanket tariffs against U.S. trading partners.Nonfarm payrolls increased a seasonally adjusted 177,000 for the month, slightly below the downwardly revised 185,000 in March but above the Dow Jones estimate for 133,000, the...
Check out the companies making headlines in premarket trading. Block — The financial technology stock plunged nearly 22% following weak first-quarter revenue. Block said it brought in $5.77 billion, while analysts surveyed by LSEG had projected $6.20 billion. Atlassian – Shares sank 12% after the software company issued weak guidance....
Richvintage | E+ | Getty ImagesIf you're an older investor and eager to save more for retirement, there's a big 401(k) change for 2025 that could help boost your portfolio, experts say.Americans expect they will need $1.26 million to retire comfortably, and more than half expect to outlive their...
Exxon Mobil reported first-quarter earnings Friday that beat Wall Street expectations, but declined from the prior year as crude oil prices have fallen sharply on fears that President Donald Trump's tariffs will hit global demand.The oil major said volume growth in the Permian Basin and Guyana combined with cost-cutting...
FILE PHOTO: A Chevron gas station is seen in Austin, Texas, U.S., October 23, 2023. Brian Snyder | ReutersChevron stock fell on Friday as the oil major's profit declined on the steep decline in oil prices this years.Chevron's net income declined more than 30% to $3.5 billion, or $2 per...
Shoppers buy fresh vegetables, fruit, and herbs at an outdoor produce market under green-striped canopies in Regensburg, Upper Palatinate, Bavaria, Germany, on April 19, 2025.Michael Nguyen/NurPhoto via Getty ImagesEuro zone inflation was unchanged at 2.2% in April, missing expectations for a move lower, flash data from statistics agency Eurostat...
The Shell gas station logo is displayed on February 13, 2025 in Austin, Texas.Brandon Bell | Getty Images News | Getty ImagesBritish oil giant Shell on Friday reported a sharp fall in first-quarter profit, following a period of weaker crude prices.Shell reported adjusted earnings of $5.58 billion for the...
A sign outside a NatWest Group Plc bank branch in the City of London, UK, on Tuesday, July 25, 2023. Natwest is due to report first-half results on Friday, July 28. Photographer: Hollie Adams/Bloomberg via Getty ImagesBloomberg | Bloomberg | Getty ImagesNatWest reported its first quarter profit rose 36%...
Gregg Greenberg spent 14 years as a journalist at TheStreet.com where he wrote the highly popular column "The 5 Dumbest Things on Wall Street This Week". His work has appeared in magazines ranging from Glamour to ESPN the Magazine, and on humor sites such as Points in Case.
A Goldman Sachs Group Inc. platform for Wall Street clients riding the ETF boom has given birth to its first investment funds. Three exchange-traded strategies from Brandes Investments Partners began trading Thursday through the Goldman Sachs ETF Accelerator, according to a press release. Those are the first to launch through...
A handful of asset managers have been pulling the plug on ESG-themed funds they launched several years ago — a result they all but certainly knew was coming, as not every attempt to get a slice of that booming market was going to work. That hardly means that sustainable investing...
The company's prototype vehicle "Hopper2" flies during a low-altitude launch and landing demonstration on Sept. 17, 2023 in Moses Lake, Washington.Stoke SpaceWashington-based startup Stoke Space raised $100 million in new funds, the company announced Thursday, as it aims to develop a fully reusable rocket called "Nova."Stoke's latest investment round...
Taylor Swift: The Eros Tour movie promotional imageTaylor Swift's Eras Tour concert film is already a $100 million blockbuster — and it hasn't even hit theaters yet.AMC announced Thursday that global advance ticket sales for the pop singer's movie surpassed the jaw-dropping threshold this week."Taylor Swift: The Eras Tour"...
A trade association mostly made up of certified financial planners launched an initiative Thursday to add members from Ameriprise Financial, an outreach effort that has a fiduciary advocate questioning how the credential’s advice standard squares with a dually registered firm. The Financial Planning Association introduced a national membership program to...
Barrett Hayton #29 of the Arizona Coyotes skates against the Dallas Stars at the American Airlines Center on December 6, 2021 in Dallas, Texas.Glenn James | National Hockey League | Getty ImagesThe Arizona Coyotes are skating to a new TV home for local games – showcasing the pressure on...
Columbia South Carolina, Chick-fil-A, fast food restaurant with sign advertising $15 an hour to be hospitable. Jeff Greenberg | Universal Images Group | Getty ImagesA strong jobs market could equal a weak stock market if current trends hold up.Friday's nonfarm payrolls report will provide a major test for Wall...
