06-08-2024
Get ready to pay more for Disney+, Hulu and ESPN+, as the Walt Disney Co. is raising prices for its streaming services in an effort to boost revenue and profitability.
06-08-2024
After giving a better-than-expected forecast, Upstart sees its “comeback story” on the horizon.
06-08-2024
Reddit Inc. reported its second quarterly results as a public company Tuesday, with the social-media platform reporting better-than-expected revenue and a narrower-than-expected loss, and giving sales guidance that surpassed Wall Street’s expectations.
06-08-2024
Shares of Rivian Automotive Inc. dropped in the after-hours session Tuesday after the EV maker reported a mixed quarter, with a much wider-than-expected quarterly loss trumping revenue that came in slightly above forecast.
06-08-2024
The home-sharing company said it is seeing “shorter booking lead times globally” in its earnings report.
06-08-2024
The telecommunications and fiber company now expects $1.0 billion to $1.2 billion in free cash flow for the full year, up from a prior outlook of $100 million to $300 million.
06-08-2024
The annual Sallie Mae report on how America pays for college does not signal good news for next year, either.
06-08-2024
“The prospects for the economy and prospects for the stock market do not go hand in hand,” one economist noted.
06-08-2024
It took only about a week for riskier U.S. corporate bonds with ‘junk’ credit ratings to erase all of their gains this year.
06-08-2024
A day after U.S. recession fears swept global financial markets, a few things became clear. One of them is that if the Federal Reserve actually delivers as many rate cuts as traders currently expect, it could lead to a new set of problems.
06-08-2024
The S&P 500’s 3% pullback on Monday doesn’t meet the criteria to be considered a “black swan” event, said author Nassim Nicholas Taleb.
06-08-2024
Recessions are rarely if ever easy to see coming. But there’s little reason to expect one now even after last week’s poor jobs report and a meltdown in the stock market.