EBay Inc. shares rose nearly 10% in after-hours trading Wednesday after the online marketplace provider’s results beat expectations as revenue rose along with gross merchandise volume during the quarter that included the holidays.
Yum China Holdings Inc. stock rise in the extended session Wednesday after the operator of KFC, Pizza Hut and other fast-food brands in China beat fourth-quarter expectations and warned it sees “significant headwinds” in the first quarter due to a COVID-19 resurgence in certain regions of China.
President Biden may be winning points with environmentalists, renewable-energy champions and U.S. allies abroad for his serious approach to slowing global warming, but his electric-vehicle plan has some practical challenges when applied across all 50 states.
PayPal Holdings Inc.’s profit tripled in the fourth quarter as the company capped off what Chief Executive Dan Schulman called the strongest quarter in its history, fueled by accelerated adoption of digital payments during the pandemic.
Two of three major U.S. stocks indexes recorded modest gains Wednesday, but with the Nasdaq Composite closing lower, as energy stocks rose after oil rose to a 1-year high and Amazon and Google reported healthy results.
KLA Corp. shares ticked higher in the extended session Wednesday after the chip-making equipment company’s results and forecast came in above Wall Street estimates.
The number of global confirmed cases of the coronavirus-borne illness COVID-19 headed closer to 104 million on Wednesday with the U.S. accounting for 26.4 million of that tally, as it recorded another grim day of more than 3,000 fatalities.
European threats to tax digital services must be countered with a proposal to end all tax havens for multinational corporations, wherever they are based.
The S&P 500 earnings recession is now set to end, as bottom-line results for the fourth quarter have swung to growth for the first time in a year as more companies are beating expectations, by bigger margins, than usual.
Scott Peng, the founder and chief investment officer of New York investment manager Advocate Capital Management, says a perfect storm is being unleashed.
Scott Peng, the founder and chief investment officer of New York investment manager Advocate Capital Management, says a perfect storm is being unleashed.
Gold prices trade higher Wednesday, with investors attributing its early, modest rise to an attempted recovery from selling in the precious metal and its sister commodity silver.