Articles

Key Words: Kraft Heinz’s higher prices have cost it some customers, but don’t expect price cuts

Kraft Heinz CEO said that despite declining volume and market-share losses, he doesn't believe prices were raised too much.

Earnings Results: Robinhood puts up a surprise profit, but shares fall

Robinhood Markets Inc. on Wednesday reported second-quarter results that beat expectations.

Earnings Results: Shopify makes progress on free cash flow, but stock moves lower after earnings

Shopify easily topped adjusted profit expectations for its latest quarter, though its shares were headed lower in Wednesday's after-hours action.

Earnings Results: PayPal’s stock falls as earnings beat, but a margin metric misses

PayPal Holdings Inc. edged out expectations with its quarterly revenue and earnings outlook Wednesday.

Earnings Results: Qualcomm stock slips further after hours as outlook overshadows earnings beat

Qualcomm shares declined further in Wednesday's extended session as the chip maker's forecast was on the low side of Wall Street estimates.

The Ratings Game: Virgin Galactic plans regular missions and new spacecraft, but capital is key, analysts say

Virgin Galactic is targeting Aug. 10 for its second commercial spaceflight.

Earnings Results: DoorDash sales beat expectations, helped by non-restaurant expansion, and shares rally

DoorDash reported a slightly bigger second-quarter loss than expected but sales that beat estimates.

Key Words: A giant wealth transfer explains why the economy isn’t responding to Fed policy: Ray Dalio

A giant transfer of wealth from public sector to the private sector has made the economy less responsive to Fed tightening, says billionaire investor Ray Dalio.

Key Words: JPMorgan CEO Jamie Dimon says U.S. should have the highest credit rating in the world

Proposed capital requirements for banks unveiled last week may make loans more expensive for small businesses and mortgage borrowers, Dimon says.

: GM is bringing back the Bolt. What do we know so far about the updated EV?

The return of the Chevy Bolt says more about GM's long-term EV marketing goals than about profits in the here and now.

Metals Stocks: Gold prices end slightly lower after Fitch strips U.S. government of top-tier credit rating

Gold and silver futures settled slightly lower on Wednesday after Fitch Ratings lowered the U.S. government's credit rating Tuesday evening, following its warning it may do so earlier this year in the wake of the debt-ceiling fight in Congress, while the latest report shows the U.S. economy sees robust gain in private-sector jobs in July, according to private payrolls processor ADP.

: House panel’s probe into BlackRock and MSCI’s approach to China ignores other companies doing the same thing, expert says

Two financial companies are questioned about allegedly strengthening China's military and facilitating human-rights abuses, but they're not alone, expert says
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