Latest Business News
Microsoft jumps 7% as it boosts capital spending plans, citing demand
Microsoft's backlog sat 8% taller than the previous quarter, mainly thanks to contributions from customers other than large artificial intelligence companies.
Chipotle hikes same-store sales forecast, says cyclospora fears hit sales in late July
Chipotle Mexican Grill stock has fallen more than 7% this year, dragging its market value down to roughly $44 billion.
Carvana stock falls as auto retailer’s 2026 earnings guidance misses Wall Street’s expectations
Carvana said Wednesday it expects earnings of between $2.7 billion and $3 billion this year after reporting record quarterly results for the second quarter.
Here are the last times the Dow dropped by 1,000 points and what happened next
After the Dow falls by 1,000 points, the index typically is weak in the week that follows. The average then posts gains in the next month and three months.
Dow sinks 1,100 points after Fed holds off on hike
Stocks fell sharply on Wednesday as the Federal Reserve held interest rates steady again despite continued inflation pressure. The Dow Jones Industrial Average closed 1,153.18 points, or 2.19 percent, for...
Todd Blanche attorney general nomination on edge as Cornyn questions Trump-IRS settlement
Sen. John Cornyn says the DOJ has failed to satisfy his concerns about a deal to shield President Donald Trump and others from IRS tax audits.
Meta's stock plunges almost 10% on disappointing guidance, dwindling free cash flow
Meta issued a weaker-than-expected revenue forecast and narrowed its capex range for the year.
Starbucks stock jumps as coffee giant raises full-year outlook
Starbucks posted its fourth straight quarter of same-store sales growth, as it continues a turnaround under CEO Brian Niccol.
Qualcomm to raise prices during memory crunch as chipmaker issues light earnings guidance
"Cost went up, prices are going to go up," Qualcomm CEO Cristiano Amon said in an interview.
Anthony Bourdain Biopic ‘Tony’ Lands 100% Perfect Rotten Tomatoes Score
The Anthony Bourdain biopic "Tony," starring Dominic Sessa, has landed a perfect critics’ score on Rotten Tomatoes in its first round of reviews posted on the site.
Jeffrey Gundlach says the bond market is telling Warsh the Fed has to start acting on inflation
Gundlach said the divergent moves across the Treasury curve showed investors' skepticism that the Fed will ultimately follow through.
Here are the five big takeaways from this week's Fed meeting
The Federal Reserve on Wednesday followed through on expectations for no interest rate change.