Boeing Stock Surges On Report of 787 Dreamliner Order By United Airlines
Boeing could be close to a major win over rival Airbus amid reports of a big 787 Dreamliner order by United Airlines.
Boeing could be close to a major win over rival Airbus amid reports of a big 787 Dreamliner order by United Airlines.
Inflation made the headlines through most of last year, for all the worst reasons: it ran far too high, peaked above 9% in June, and the inflationary pressures pushed down hard on stock markets. The Fed jacked interest rates up their highest level in over a decade, risking recession to fight the rise in prices. Today, inflation is still in the headlines, although the tone has shifted. The annualized rate is trending downward; the December number came in at 6.5% year-over-year. While this is good
Ryan Olohan was told there were "obviously too many white guys" on his management team.
General Motors shares jumped after the automaker reported profit jumped in the fourth quarter, driven again by record revenue and strong demand.
AGNC Investment (AGNC) delivered earnings and revenue surprises of 10.45% and 91.78%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Lucid shares fall after initially rising on talks of a possible buyout from the Saudi Arabian Investment Fund.
Exxon Mobil Corp posted a $56 billion profit for 2022, the company said on Tuesday, taking home about $6.3 million per hour last year, and setting not only a company record but a historic high for the Western oil industry. Oil majors are expected to break their own annual records on high prices and soaring demand, pushing their combined take to near $200 billion. The scale has renewed criticism of the oil industry and sparked calls for more countries to levy windfall profit taxes on the companies.
Plug Power Inc (NASDAQ: PLUG) has entered into a long-term strategic partnership with sustainable technologies provider Johnson Matthey Plc (OTC: JMPLF) (OTC: JMPLY) to boost the green hydrogen economy. JM will become an important supplier of MEA components, providing for Plug's demand for catalysts, membranes, and catalyst coated membranes (CCM). PLUG expects the partnership to strengthen its supply chain and help meet the growing demand for fuel cells and electrolyzers. The partnership will su
A number of media companies filed to get the court to release the names of the people who co-signed Bankman-Fried’s $250 million bail bond.
Johnson & Johnson stock is down slightly on Monday afternoon over concern of the fallout from the talcum powder lawsuits.
The pharmaceutical company is bracing for a top-line dip. Pfizer said it expects Covid-19 vaccine sales to drop to $13.5 billion in 2023.
United Parcel Service is girding its business against a slowdown in global delivery volumes as it advised that annual revenue could decline for the first time in years. The outlook comes after the company posted a surprise decline in fourth-quarter revenue after delivering fewer items during the holidays than a year earlier. The drop in volumes is the latest sign that demand in the shipping industry is weakening amid a global economic slowdown and rising interest rates.
Johns Hopkins University professor of applied economics Steve Hanke shares his outlook on the upcoming Federal Open Market Committee decision on interest rates and the current state of the money supply.
General Motors is developing a lithium deposit mine in Nevada to directly source the material, which is critical for making batteries to power electric vehicles.
Adani and his companies are facing accusations of fraud from a New York short-seller, threatening the group's shares and his fortune.
Buy and hold forever? Not always.
Robinhood (NASDAQ: HOOD), a digital trading platform based in Menlo Park, California, gained immense popularity among millennials and Gen Z investors in recent years. During the peak of the COVID-19 pandemic, Robinhood Markets saw an influx of attention, as its commission-free platform allowed traders to seamlessly and inexpensively buy stocks and options in highly popular names. A surge in the buying and selling of so-called "meme stocks" resulted, with many experts citing the rise of retail investors via platforms like Robinhood as one of the determining factors behind a number of high-profile short squeezes seen last year.
(Bloomberg) -- Universa Investments, the hedge fund advised by “The Black Swan” author Nassim Taleb, told clients that ballooning debts across the global economy are poised to wreak havoc on markets rivaling the Great Depression. Most Read from BloombergWall Street Is Losing Out to Amateur Buyers in the Housing SlumpTrump Sues Journalist Bob Woodward for Releasing Interview RecordingsSony Slashes PlayStation VR2 Headset Output After Pre-Orders DisappointThe 'Big Shift' That's Finally Causing Ren
Demand for construction and mining equipment as well as engines for transportation and energy generation stayed strong even as the company charged higher prices.
Yahoo Finance Live’s Rachelle Akuffo discusses the decline in stock for Alibaba following rumors that the e-commerce company is moving its headquarters to Singapore, despite the company denying reports.
Spotify reported fourth quarter financial results before the bell on Tuesday. Here's what to know.