(Bloomberg) -- Chevron Corp. is relocating headquarters to Houston from California after repeatedly warning that the Golden State’s regulatory regime was making it a tough place to do business.Most Read from BloombergThe move announced Friday will end the company’s more...
Amazon's (AMZN) stock fell over 9% in pre-market trading on Friday after the retail and cloud giant reported third quarter sales guidance that missed analyst estimates.The company guided to a range of $154 billion to $158.5 billion in sales for...
Exxon Mobil (XOM) reported better-than-expected second-quarter earnings and revenue early Friday, as the U.S. supermajor booked its first profit increase after four quarters of decline. Meanwhile, Chevron (CVX) saw second-quarter results underperform analyst forecasts. ↑ X NOW PLAYING Palantir Heads...
News of the day for August 2, 2024Michael M. Santiago / Getty ImagesInvestors will have another chance to gauge the resilience of the U.S. economy after Thursday's sluggish data reports, with July unemployment figures due this morning; Intel (INTC) shares...
Dow Jones futures fell sharply Friday morning, along with S&P 500 futures and Nasdaq futures. Apple (AAPL) edged higher on earnings while Amazon.com (AMZN) tumbled with the July jobs report due before the open. ↑ X NOW PLAYING Palantir Heads...
A look at the day ahead in U.S. and global markets from Mike DolanAugust looks anxious already - as stock markets take fright at Big Tech earnings and start to reconsider 'hard landing' scenarios for the world economy just as...
(Reuters) - U.S. index futures fell sharply on Friday following downbeat forecasts from Amazon and Intel, with investors awaiting a crucial jobs report for further clues on the labor market amid lingering concerns over an economic slowdown.Amazon.com slumped 8% in...
For nearly two years, Wall Street has been entrenched in a sensational bull market. In recent weeks, the ageless Dow Jones Industrial Average, broad-based S&P 500, and innovation-fueled Nasdaq Composite all ascended to fresh record-closing highs.While there are a number...
Warren Buffett manages a massive portfolio for Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B). As of this writing, Berkshire's equity holdings total around $400 billion.By far the largest equity holding in the portfolio is Apple (NASDAQ: AAPL). The Oracle of Omaha...
One of the biggest drivers of the market rebound over the past year or so has been the rapid and ongoing adoption of artificial intelligence (AI). Recent developments have marked a giant leap forward in the technology, promising to automate...
