Articles

Amazon.com Inc. is set to join the Dow Jones Industrial Average in a week, a move meant to reflect “the evolving nature of the American economy,” S&P Dow Jones Indices said late Tuesday.

La-Z-Boy Inc.’s stock slumped 12% in after-hours trading Tuesday after the company posted quarterly results that fell short of analysts’ revenue and earnings estimates.

Lower demand amid high interest rates and regulatory changes in California, as well as rising inventories, have pummeled solar-power and related industries, and SolarEdge presents a mixed picture to investors.

The cybersecurity company came up short with its forecast for the current quarter and trimmed its full-year outlook.

Despite both giving the 49ers better odds to win, one sportsbook made millions while another lost millions.

FuboTV filed a lawsuit Tuesday to block a new sports-streaming joint venture scheduled to premiere this fall, claiming the ESPN-Warner Bros. Discovery-Fox juggernaut would squeeze Fubo’s ability to carry a small bundle of sports-focused channels that the venture plans to include.

A popular trade that triggered a historic market meltdown back in 2018 made a comeback last year, as one barometer of its performance logged its best year in six.

The keepers of the Dow Jones Industrial Average will have to make at least one change to the venerable index next week, and there’s a very good chance they’ll make a couple of others, as well.

Nvidia is about to report another set of blowout results Wednesday, but Wall Street has come to expect that from the chip giant.

It’s not just the top seven companies in the S&P 500 that are benefiting from the stock-market craze around artificial intelligence, according to Bespoke Investment Group.

“I also suggested that the company liquidate some growth stocks and either keep the proceeds in cash or invest it in value stocks.”

It’s taken months to sink in, but traders are finally coming around to the once-unthinkable scenario of possibly no rate cuts in 2024 and are now even considering the idea of another hike by the U.S. central bank.