Microsoft, Meta, Amazon and Google face this growing risk around AI
If AI revenue doesn’t come about as quickly as expected, large tech companies could see margin pressure and have to wait longer for returns on their massive investments.
If AI revenue doesn’t come about as quickly as expected, large tech companies could see margin pressure and have to wait longer for returns on their massive investments.
Petco Health & Wellness Co. on Wednesday said that Joel Anderson — the former chief executive of teen-focused discount chain Five Below Inc. — would become the pet-supplies retailer’s new chief executive later this month.
Ticketmaster and CONMEBOL have yet to say if they’ll refund people who had tickets to the game but weren’t allowed in.
Shares of United Airlines Holdings Inc. dropped more than 3% in the extended session Wednesday after the airline reported a mixed second quarter and guided for lower-than-expected profit in the current quarter.
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Shares of Walmart Inc. climbed into record territory Wednesday, after the discount retailer’s management did its job to convince investors of the strength of its business and growth initiatives.
As the U.S. gears up for November’s presidential election, stocks across sectors such as defense, telecom, water, environment and construction could provide refuge from any volatility that arises, according to KeyBanc Capital Markets.
A Donald Trump victory in the race for the White House, and a Republican sweep of both houses of Congress, should logically be bearish for the U.S. dollar and U.S. Treasury bonds.
The seven Big Tech companies collectively have shed more than $500 billion in market cap on Wednesday alone.
Most people have the wrong idea about probate, and don’t fear it enough to do something to avoid it.
U.S. economic activity seemed to soften in the past two months, with five of the 12 Fed regions reporting flat or declining activity, a Federal Reserve survey released Wednesday found.
A sharp pullback by the same megacap tech stocks that have driven a robust 2024 rally was dragging down the S&P 500 and the Nasdaq on Wednesday. Patient market bulls should be able to handle the pain, strategists said.
The summertime classic has climbed in price by 6.9% during the past year, according to the latest government figures.
U.S. households own more Treasurys than ever before as investors have sought to profit from Federal Reserve interest-rate hikes.
Traders are tracking prediction markets that have shown an increase this week in former President Donald Trump’s chances of victory in the November election, Strategas Securities’ Jason Trennert said Wednesday.
The odds that Coinbase Global Inc. will face a regulatory enforcement action over its accounting for crypto assets rose on Wednesday, after the regulator acted against another company for the same practice.
As more chain restaurants offer discounts and deals to woo inflation-weary customers, a prominent industry expert is warning that they may soon pay a price in terms of their bottom lines.
Hedge-fund manager Scott Bessent — viewed as in the running to become Treasury secretary in a second Trump administration — on Wednesday defended the Republican presidential nominee’s policies from the charge that they would boost inflation.
Shares of Five Below Inc. were on pace for their worst day in more than four years on Wednesday, a day after the teen-centric discount retailer announced a surprise executive shakeup.
Shares of weight-loss drug developers including Eli Lilly & Co., Novo Nordisk and Structure Therapeutics fell sharply early Wednesday after Roche Holding AG announced early-stage trial data for its experimental obesity pill.