News

AbbVie Earnings: Continued Impressive Demand for Skyrizi, Neuroscience Portfolio Support Growth
AbbVie ABBV reported second-quarter revenue of $15.4 billion (6.6% growth) and adjusted diluted earnings per share of $2.97 ...
Cautious Consumers Pull Back as Tariff-Driven Inflation Risks Rise
So going from a target range of 4.25% to 4.50% to 2.25% to 2.50% by the end of 2027, which would put rates quite a bit closer ...
Sirius XM Earnings: Positive Trends Are Outweighed by Smaller Subscriber Base and Pandora Struggles
Sirius XM Holdings SIRI continues to optimize its SiriusXM strategy—to some benefit—and see strength in podcasting. However, ...
Mastercard Earnings: Strong Quarter as Consumer Spending Holds Up
Mastercard’s MA second-quarter results held strong, with management noting that consumer spending is holding up for now, ...
CVS Health Earnings: Turnaround Efforts and Individual Plan Benefits Boost 2025 Outlook
In the second quarter, CVS Health CVS turned in 8% revenue growth, 2% adjusted operating profit growth, and roughly flat ...
4 ways the SEC's new crypto agenda could shake up digital assets and U.S. financial markets
The SEC's new policy agenda could accelerate this transition across U.S. capital markets, a shift that crypto advocates believe would boost market efficiency by enabling increased liquidity, faster ...
Coinbase misses the mark on quarterly sales, including this all-important revenue stream
Coinbase beat FactSet consensus regarding its GAAP earnings by a wide margin, reporting profit of $5.14 a share versus expectations of GAAP earnings of $1.25 a share on sales. In the year-ago quarter, ...
Stryker Lifts Guidance on Improving Tariff Outlook
The Portage, Mich., company raised its guidance for full-year adjusted earnings per shard guidance to $13.40 to $13.60. It had previously lowered the outlook in May to $13.20 to $13.45, citing tariffs ...
NASDAQ Composite Rises 3.70% This Month to 21122.45 — Data Talk
The NASDAQ Composite Index is up 752.71 points or 3.70% this month to 21122.45 --Longest winning streak since March 2024 when the market rose for five straight months --Today it is down 7.23 points or ...
August is historically a bad month for Big Tech stocks. What to expect this year.
August has historically been a tough month for U.S. stocks, especially growth names, and with inflationary concerns and dimming hopes on the Federal Reserve's interest-rate cuts taking center stage ...
Lumen says it has a new asset in tow as it chases more AI business
Now Lumen's stock trades at $4.45, and Chief Financial Officer Chris Stansbury said the company is strengthening its financial position to help it win out in AI connectivity. The company has ...
Dow Jones Top Energy Headlines at 4 PM ET: Oil Futures Pull Back After Rally | Major ...
U.S. natural gas futures settled higher in a choppy session. A pickup in LNG feedgas demand and a still "quite hot" second week of August likely contributed to gains, NatGasWeather.com said. Schneider ...