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Northrop Grumman stock tumbles as stealth-bomber program gets off to slow start

Northrop Grumman Corp.’s stock fell by 6% Thursday after the defense contractor posted a fourth-quarter loss on costs associated with the production launch of its B-21 stealth bomber.

IBM’s stock is on pace for biggest gain in over 20 years. Its ‘underappreciated’ AI could drive it higher, analysts say

After strong forecast, Evercore says “Big Blue is back.” But not everyone is convinced.

Netflix shares are fully priced, Wall Street analysts say. Here here are six other media stocks to think about.

Warner Bros. Discovery is very cheaply priced to expected sales over the next year.

Intel earnings: What to expect on PC, data-center, and AI trends

Intel Corp.’s upcoming earnings report is expected to be a busy one.

Mortgage rates inch up to highest level in six weeks

The 30-year mortgage rate is averaging at 6.69%, Freddie Mac said in its latest weekly survey on Thursday.

Microsoft cuts 1,900 jobs, including at Activision Blizzard and Xbox, as layoffs hit videogame industry

Cuts target ‘areas of overlap’ following Activision Blizzard acquisition.

Alphabet shares are nearing an all-time high

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My in-laws asked me to relinquish any claim to $100,000 they gave us as a down payment for our house — on the day we closed. Is that legal?

“Would this be considered signing under duress given that it happened on closing day, or a conflict of interest given that the family lawyer represented all of us?”

Lumen’s new debt-restructuring deal helps send besieged stock soaring

Shares were getting a lift Thursday after the company announced that it reached a new deal with creditors.

Child tax credit, business breaks gain momentum in Congress

Optimism is rising that Congress will approve a bipartisan tax deal that includes an expansion of the child tax credit and business breaks, including for research and development, with a vote in the House of Representatives possible as soon as next week.

Porsche rolls out its first all-electric SUV

Porsche on Wednesday unveiled the electric version of its Macan sport utility vehicle, coming at a time when Tesla and other EV makers are encountering flagging demand.

Sales of new homes surge 8% in December 

New-home sales were at an annual rate of 664,000 in December, compared with 615,000 in the prior month.
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