S&P, Nasdaq close at records after reassuring chip news
The S&P 500 and Nasdaq hit record closing highs on Wednesday after reassuring comments from Texas Instruments about global chip demand blunted the impact of...
Ford second-quarter profit falls on restructuring charges
Ford Motor Co on Wednesday reported a lower quarterly net profit, primarily due to charges related to the restructuring of the automaker’s units in Europe...
S&P 500, Nasdaq hit record highs; euro drops on soft data
Tech companies led the S&P 500 and the Nasdaq to record closing highs on Wednesday but the Dow lost ground on downbeat earnings, while the...
Nasdaq short interest up 0.8% in early July
Short interest on the Nasdaq rose 0.8% in early July, the exchange said on Wednesday....
Cable firm Charter submitted plan to buy Sprint/T-Mobile assets: sources
Charter Communications submitted a proposal to the Justice Department to buy telecom assets being sold under the T-Mobile US Inc and Sprint Corp deal, but...
SoftBank to announce $40 billion investment in second Vision Fund: WSJ
SoftBank Corp is expected to announce a $40 billion investment in its new technology fund, the Wall Street Journal reported on Wednesday....
Oil falls 1% despite large U.S. stockpile decline
Oil prices fell 1% on Wednesday, failing to draw lasting support from a large decrease in U.S. crude stockpiles as investors worried about global oil...
Surging chip stocks send Nasdaq to record high
The Nasdaq hit a record high on Wednesday and the S&P 500 was close behind as reassuring comments from Texas Instruments about global chip demand...
Boeing posts biggest loss on 737 MAX, may have to halt production of jet
Boeing Co posted its largest-ever quarterly loss on Wednesday due to the spiraling cost of resolving issues with its 737 MAX, warning it may have...
Caterpillar earnings disappoint on weak China sales, higher costs
Caterpillar Inc’s earnings on Wednesday missed Wall Street’s estimates, hurt by a combination of weak sales in China and higher production and restructuring costs, sending...