Why it matters: Selling electric vehicles is Tesla’s largest business. The expiration of the US EV tax credit in September is ...
Most economists expect the Fed to make a cut of 50 or 75 basis points to the end of January in a data vacuum. And, yes, they are caught between a rock (inflation) and a hard place (the labor market).
Nvidia crossed a $5 trillion market cap on Wednesday, a new record for a publicly traded company. Investors’ insatiable ...
As expected, the Federal Reserve proceeded with another interest rate cut of 0.25 percentage points at today’s meeting. This ...
A reduction in U.S. levies on autos to 15% from 25% will be welcomed by Korean automakers as it brings their tariff burden in line with competing carmakers in Japan and Europe, said Jason Tuvey, ...
Dow Jones Top Markets Headlines at 9 PM ET: Dow Slips After Powell Dims Hopes for December Rate Cut | Future ... The 10-year Treasury yield logs its biggest one-day gain since July. Chair Jerome ...
Dow Jones Top Company Headlines at 9 PM ET: Microsoft to Double Data Center Footprint in Two Years | Samsung ... The company is seeing more demand for its cloud computing and AI services than it can ...
Starbucks notches surprise same-store sales gain, but Wall Street wants more specifics on the future
Starbucks Corp. on Wednesday put up its first quarterly same-store sales gain in nearly two years, helped by better morning staffing and new protein drinks. But the coffee chain warned its turnaround ...
China Petroleum & Chemical Corp. reported a marginal decline in net profit in the third quarter, with revenue weighed by inventory losses due to lower crude oil prices and domestic product sales.
KLA is one of the largest providers in the world of wafer fabrication equipment for semiconductors, specializing in process control, where we expect its unmatched breadth and depth to defend and ...
Carvana is using Phoenix as its "test market" to expand and refine same-day deliveries, it said. About 40% of customers in the Arizona city get same-day or next-day delivery, compared to about 10% in ...
As the Fed eases its policy, investors are paying close attention to the central bank’s north star for interest rates.
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