Articles

Earnings Results: Equifax blames weak mortgage market for reduced earnings outlook, stock falls

Equifax Inc. called out a weaker mortgage market as it trimmed its outlook for the full year.

Earnings Results: Tesla reports 47% rise in sales for its second quarter, but profitability shrinks

Tesla Inc. late Wednesday reported second-quarter earnings and sales that topped Wall Street's expectations and kept its 2023 goal of making about 1.8 million vehicles this year, but the stock headed lower as results didn't quite match expectations of a blowout quarter.

Market Extra: Why this real-estate-related corner of the stock market may benefit from AI

Data centers stand to benefit from the rise of artificial intelligence, with generative AI opening up a potentially attractive opportunity within the stock market’s real-estate sector, according to Morgan Stanley’s Laurel Durkay. 

In One Chart: Investors are the most bullish on stocks since before the 2022 bear market, says Vanguard

Investors are expecting U.S. stocks to return 5.5% in the next 12 months, their most bullish forecast since the 2022 bear market, according to a Vanguard survey.

: Women’s World Cup offers a reset for FIFA and sponsors after Qatar controversies, says branding expert

The Women’s World Cup kicks off in New Zealand and Australia on Thursday.

: Discover stock falls more than 13% after company discloses accounting mistake, FDIC probe

Discover reported better-than-expected quarterly earnings but disclosed a Federal Deposit Insurance Corp. probe and said that it had made accounting missteps going back years.

: The Powerball Jackpot is $1 billion and Mega Millions is $720 million — here’s how to buy tickets on your phone

More than two dozen states now allow for some form of online lottery purchases.

The Ratings Game: Rivian’s stock gains as EV sales are ‘ramping well,’ analyst says

Rivian's stock rose Wednesday after Mizuho's Vijay Rakesh sees potential for the EV maker to beat its full-year delivery target.

The Tell: Here are 10 reasons why Wall Street’s inevitable recession never arrived

Last year, most major Wall Street analysts and portfolio managers believed the U.S. economy would inevitably slide into recession in 2023 as the Federal Reserve raised interest rates. The only real question was how bad would it get?

The Ratings Game: Disney lacks easy fixes to its numerous challenges, analyst warns

Bob Iger is sticking around for longer in Disney's top post, and while he has ideas for changes at the company, they won't necessarily be easy to execute.

The Tell: The liquidity drain isn’t crashing U.S. markets as feared. Here’s a big reason why.

The U.S. stock market hasn't found a reason to call it quits yet on the 2023 rally, despite a flood of Treasury debt issuance at plump yields which is helping to drain liquidity from financial markets.

: Apple has an AI chatbot up its sleeve: report

As Microsoft and Alphabet duke it out in the world of AI chatbots, Apple may harbor dreams of getting into the game as well.
1 1,556 1,557 1,558 1,559 1,560 1,703