By Jonathan Stempel (Reuters) -Warren Buffett and Berkshire Hathaway extended their retreat from stocks in the third quarter, further slashing…
Year: 2024
Stocks to watch as White House race enters final stretch
By Ankika Biswas, Pranav Kashyap (Reuters) -Just days ahead of the Nov. 5 presidential election in the U.S., investors are…
Elon Musk loses bid to move case over $1 million voter prizes
By Luc Cohen (Reuters) – A U.S. judge on Friday denied Elon Musk’s bid to move a Pennsylvania lawsuit over…
US election, Fed meeting loom in big week for markets
By Lewis Krauskopf NEW YORK (Reuters) – A double dose of potentially market-moving events arrives in the coming week as…
Exxon, Chevron top Q3 profit expectations as US oil output hits record high
By Shariq Khan NEW YORK (Reuters) -U.S. oil producers Exxon Mobil and Chevron posted better-than-expected third-quarter profits on Friday, outperforming…
Mastercard’s profit beats estimates on resilient consumer spending
(Reuters) -Payments processor Mastercard reported a better-than-expected profit for the third quarter on Thursday, as customers encouraged by economic stability…
Amazon.com quarterly profits, revenue, beat Wall Street estimates
By Deborah Mary Sophia and Greg Bensinger (Reuters) -Amazon.com on Thursday posted third quarter profit and sales that beat Wall…
Intel forecasts fourth-quarter revenue above estimates, shares surge
By Max A. Cherney, Arsheeya Bajwa (Reuters) -Intel shares climbed more than 12% in extended trading on Thursday after the…
Apple results top Wall Street targets, iPhone sales offset misses by other products
By Stephen Nellis (Reuters) -Apple beat Wall Street sales and profit expectations on Thursday for its fiscal fourth quarter, bolstered…
Amazon workers ‘appalled’ by AWS CEO’s return to office remarks, urge policy reversal
By Greg Bensinger (Reuters) -More than 500 Amazon.com employees sent a letter on Wednesday to the CEO of its AWS…