26-07-2023
Expect more volatility in stocks in the coming months, says James McCann, deputy chief economist at abrdn, after the Federal Reserve on Wednesday bumped up rates to a 5.25%-5.5% range and left door open to future rate hikes.
26-07-2023
Shares of Imax Corp. rallied after hours on Wednesday after the high-end movie-theater operator reported second-quarter results that beat estimates.
26-07-2023
A private-equity cash infusion is part of the merger between PacWest and Banc of California. One analyst expects a wave of deals for smaller banks.
26-07-2023
EBay Inc. shares fell in the extended session Wednesday after the online marketplace's earnings outlook fell short of the Wall Street consensus.
26-07-2023
Mattel Inc. on Wednesday reported second-quarter results that beat estimates, but the toy maker held to its full-year outlook.
26-07-2023
Chipotle Mexican Grill Inc. shares fell 8% in the after-hours session Wednesday after the fast-casual restaurant chain beat Wall Street expectations for its quarterly earnings but called for a slightly weaker current quarter and said that inflation hit some of its most popular menu items.
26-07-2023
Lam Research shares rose in the extended session Wednesday after the silicon-foundry equipment supplier's results and forecast came in better than expected.
26-07-2023
Gold futures climbed to a fresh intraday high Wednesday afternoon, their highest in nearly a week, after the Federal Reserve announced a decision to raise its benchmark interest rate, as expected, but also left the door open for further rate hikes.
26-07-2023
The Fed boosted the benchmark rate by 25 basis points on Wednesday. Here's what that means for savers.
26-07-2023
Netflix NFLX is catching some heat for posting several AI-related positions paying six-figure salaries, even as the Writers Guild of America strike enters its fourth month.
26-07-2023
The Federal Reserve on Wednesday raised its benchmark rate by 25 basis points to a range of 5.25%-5.5% and said it was prepared to do more.
