GrubHub Inc. shares rose in the extended session Wednesday after the online food-ordering platform reported increased revenue that beat estimates as the pandemic continued to bolster its business, even though it posted a wider loss than expected.
The U.S. trade deficit in goods fell 4.5% in September a month after hitting a record high, but it’s likely to remain elevated in the next few months as retailers restock ahead of the holiday shopping season.
Stanley Druckenmiller reportedly said that a Democratic sweep in the upcoming election could prove to be a headwind for the stock market for years to come.
The coronavirus pandemic continued to set records across the U.S. on Wednesday, even as the administration of President Donald Trump touted its first-term accomplishments in a news release that suggested it had ended the crisis that has cost more than 226,000 American lives and shows no signs of abating.
The coronavirus pandemic continued to set records across the U.S. on Wednesday, even as the administration of President Donald Trump touted its first-term accomplishments in a news release that suggested it had ended the crisis that has cost more than 226,000 American lives and shows no signs of abating.
Microsoft Corp. easily topped earnings and sales expectations with a Tuesday report, as all three of its core segments grew strongly amid demand for cloud services and videogames during the COVID-19 pandemic, but its forecast did not live up to estimates.
Election Day is still eight days away, but over 69 million Americans already have cast their ballots, surpassing an estimated early-votes total of about 58 million for the 2016 election.
Visa Inc.’s $5.3 billion deal to buy a key player in the financial-technology space is in jeopardy because of antitrust concerns, according to people familiar with the matter.
This fund owns 100 companies that could graduate to the Nasdaq-100, but that also makes them risky with “less guarantee of success,” says one ETF veteran.