Stocks were mixed Thursday morning as the Dow Jones Industrial Average managed a gain, the S&P 500 slipped and the Nasdaq gave back much of its gains from the day before. Despite news that June Consumer Price Index readings show...
(Bloomberg) -- PepsiCo Inc. reported weaker-than-expected revenue growth as its snack-food business was hurt by increasingly budget-focused shoppers and a recent Quaker Foods recall.Most Read from BloombergThe maker of Doritos chips and Mountain Dew sodas said Thursday that organic revenue...
A closely-watched report on US inflation showed consumer price increases cooled further in June, according to the latest data from the Bureau of Labor Statistics released Thursday morning.The Consumer Price Index (CPI) declined 0.1% over the previous month and increased...
Dow Jones futures and the other major stock indexes turned lower Thursday as Wall Street reacted to a cooler-than-expected Consumer Price Index report. An early loser on the stock market today was Delta Air Lines (DAL), which missed second-quarter earnings...
US stocks hit pause on Thursday as Wall Street braced for a crucial inflation reading that will put its roaring rally and rate-cut hopes equally to the test.S&P 500 futures (ES=F) slipped 0.1%, after the broad index crossed 5,600 for...
Dow Jones futures edged lower early Thursday, along with S&P 500 futures and Nasdaq futures, with the CPI inflation report due before the open. The S&P 500 and Nasdaq hit record highs Wednesday, with the latter the most extended in...
Delta Air Lines (DAL) on Thursday reported record revenue during its June quarter, but discounted airfares pressured earnings, which fell below analyst expectations.Here's how Delta performed in the second quarter versus consensus estimates compiled by Bloomberg:Adjusted net income: $1.528 billion...
Since the launch of OpenAI's famous chatbot ChatGPT, artificial intelligence (AI) seems to have taken the world by storm. AI technologies are being increasingly adopted across a host of industries including automotive, healthcare, finance, and retail to improve operational efficiencies,...
When the internet started to become mainstream three decades ago, the growth arc for businesses in America and around the globe completely changed. After decades of patiently waiting, Wall Street and investors have identified what they believe is the next...
For the last 128 years, the iconic Dow Jones Industrial Average (DJINDICES: ^DJI) has served as the premier health barometer for Wall Street. What began as a 12-stock index that primarily contained industrial companies has transformed into a 30-component index...
