Articles

“There is no home-court advantage in Delaware” — and that appears to be Elon Musk’s biggest gripe.

Oil futures are on track for weekly declines.

Meta Platforms CEO Mark Zuckerberg is now the fifth richest person in the world following a surge in Meta’s share price that has seen his net worth increase more than any other individual this year.

Management at Amazon spoke cleanly about AWS’s reacceleration. That was music to Wall Street’s ears.

AbbVie on Friday reported fourth-quarter sales that topped analyst estimates, even as it faces low-cost competition for its top-seller Humira.

Investors are deluded it they think the dominant players in AI right now will be dominant in the future, warns a market veteran.

The company said it returned a “peer-leading” $32.4 billion to shareholders in 2023, including $14.9 billion through dividends and $17.4 billion through stock repurchases.

So, just how big are the Magnificent Seven tech companies?

Oil major’s revenue was about $3.7 billion below consensus as profit was hit by impairment charges.

The gold-platinum ratio has a solid market-timing record.

Nvidia CEO Huang said a global push for technological sovereignty will lead to the growth of entirely new markets, as countries worldwide seek to build up their own tech industries to ensure they are able to make use of generative artificial intelligence (AI).

Bristol Myers Squibb on Friday reported fourth-quarter results that beat analysts’ expectations, helped by portfolio stalwarts as well as newer drugs.