Articles

HP meets estimates and sees PC market stabilizing in 2024, but stock still falls

HP Inc.’s stock fell 4% in extended trading Wednesday after the computing giant reported results that aligned with Wall Street’s estimates.

Shoplifting may have given Macy’s an excuse to close iconic San Francisco store, union says

‘I think it gives them the excuse to do what they wanted to do for the last few years,” union official says

Salesforce’s disappointing guidance overshadows earnings beat, stock slips 4%

Salesforce Inc.’s stock initially slipped 4% in after-hours trading Wednesday after the company racked up revenue and earnings that topped analysts’ estimates. It also provided updates on its recently released Einstein artificial-intelligence platform and on its cost-cutting moves.

Okta’s profit push is paying off as earnings, outlook top expectations

Okta Inc. issued an upbeat outlook Wednesday afternoon while saying that its emphasis on profitability is paying off.

Jamie Dimon says New York officials ‘don’t want business’ but Texas does

JPMorgan Chase Chief Executive Jamie Dimon praised the business environment in Texas during a visit there this week, while blasting his home state of New York as unfriendly to companies.

Government would avoid shutdown under House speaker’s proposal

The federal government would fully operate beyond Friday under a proposal from House Speaker Mike Johnson, a Louisiana Republican.

Bitcoin nears all-time high, but this rally is much different than 2021 record run

A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.

Carl Icahn’s investing arm posts surprise fourth-quarter loss but sticks with $1-per-unit dividend

Icahn Enterprises LP’s stock was flat on Wednesday after the investing arm of billionaire activist investor Carl Icahn posted an unexpected fourth-quarter loss but revenue that topped estimates.

Odysseus has ‘fundamentally changed the economics of landing on the moon,’ says Intuitive Machines

The success of Intuitive’s Odysseus moon lander will have a huge impact on the commercial space economy, according to Chief Executive Steve Altemus.

Trump, crunched for cash, says he can’t make full bond payment in appeal of New York fraud case

Even for a billionaire, the financial straits faced by Donald Trump in his New York legal cases are proving to be too much.

10 stocks you can bet on being inflation-proof

High-quality stocks can do well when prices are rising or falling. Here’s why.

Why traders are focusing on this obscure, but crucial, part of the financial system

Investors and traders are paying close attention to a part of the nation’s financial plumbing that has implications for the banking system and Fed policy.
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