Retiree Confidence Posts Steepest Decline Since 2008
Amid rising inflation and a slowing economy, Americans are doubting their ability to retire comfortably, according to new survey data.
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Southwest Airlines Stock Falls After Earnings. It Has a Boeing Problem.
The carrier said it expects "solid profits" in the second quarter as it flagged strong leisure demand heading into the summer travel season.
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Mastercard Beat Shows Households Are Spending More on Travel. The Stock Rises.
Revenue was up from a year earlier. Profit was down but still beat analysts' expectations.
Altria Delivers Strong Earnings, Maintains Guidance
The maker of Marlboro cigarettes posts adjusted earnings of $1.18 a share for its first quarter, matching analysts' expectations.
Caterpillar Crushes Estimates but the Stock Isn't Budging. Economic Angst Is Too High.
The construction-equipment maker reports first-quarter earnings of $4.91 a share on sales of $15.9 billion and beats bottom- and top-line estimates.
A New Electric Vehicle Charging Service Could Benefit These Two Stocks
More electric vehicle charging infrastructure is needed if auto makers, and the U.S. government, are to hit aggressive EV sales goals.
Harley-Davidson Earnings Are a Relief. The Stock Is Rising.
The motorcycle maker posted first-quarter earnings per share of $2.04 from $1.8 billion in sales. Wall Street was looking for $1.39 and $1.4 billion.
Meta's Head of IR Is Leaving for Fanatics. It's a Step Toward an IPO for the Sports Unicorn.
Fanatics has named Deborah Crawford as its first stand-alone head of IR. Crawford started the IR function at Netflix, shortly after the company went public.
Meta's Cuts Get a Bullish Response. Stock Is Rising.
Facebook's parent company is benefiting from a recovery in the European markets and raft of new product initiatives that should accelerate revenue growth, says one analyst.
Honeywell Beats Earnings Estimates and the Stock Drops. This Is a Tough Crowd.
Honeywell reports first-quarter earnings per share of $2.07 from $8.9 billion in sales. Wall Street was looking for earnings of $1.93 a share on sales of $8.5 billion.
Tech Stocks Are Offsetting Bank Turmoil. Why Something’s Got to Give.
Disney is suing Florida Gov. DeSantis, First Republic Bank searches for a solution to its woes, and other news to start your day.
Hasbro Beats Profit Expectations. It Still Has an Inventory Problem.
The toys-and-games company reported a first-quarter adjusted profit of 1 cent a share and reiterated its full-year outlook.
Eli Lilly's Obesity Drug Moves Toward FDA Approval
The company plans to finalize its application for FDA approval of its weight-loss drug tirzepatide, sold as Mounjaro.
Bitcoin Approaches $29,000 After Brief Tumble
The price of the largest cryptocurrency rose to near $30,000 on Wednesday before diving below $27,500 and then recovering.
First Republic Recovers for Now. Other Regionals Up.
Some banks may be benefiting from the flight of First Republic’s investors and depositors.
Samsung Profit Plunges Amid Chip Downturn. What It Means for Intel.
Samsung Electronics' first-quarter profit fell 87% from a year earlier but it expects a second-half recovery in demand for semiconductors.
Montana Plant Hits Clean Energy Milestone, Turning Beef Fat Into Jet Fuel
Calumet Specialty Products says its Montana operation makes it the largest producer of sustainable aviation fuel in North America.
Intel Expected to Post Another Weak Quarter as the PC Market Languishes
The chip maker will release first-quarter results after the market closes Thursday. Its shares have slid 36% in the past year.
13 Moves to Make Before the Market Wakes Up to Risk
There are signs that the uncanny calm in the stock market could soon break. How to prepare.
Snap Stumbled. Why It Still Has Promise Ahead of Earnings.
The parent company of social media platform Snapchat has struggled recently, but one analyst team sees sunnier skies ahead.
Meta's Spending Cuts Cheered by Investors
The company's shares have been soaring since CEO Mark Zuckerberg laid off staff.
Pimco Sees Risk of Recession. Alternative Investments Look Appealing.
Pacific Investment Management Co.’s Daniel Ivascyn said there's a meaningful risk of a recession ahead.
