Inflation rose as expected in July, driven by higher housing-related costs, according to a Labor Department report Wednesday that is likely to keep an interest rate cut on the table in September.The consumer price index, a broad-based measure of prices...
U.S. Vice President and Democratic presidential candidate Kamala Harris speaks with members of the media before boarding Air Force Two at Detroit Metropolitan Wayne County Airport in Romulus, Michigan, U.S., August 7, 2024.Elizabeth Frantz | ReutersVice President Kamala Harris on...
Here are Thursday's biggest calls on Wall Street: Canaccord initiates Stride as overweight Canaccord initiated coverage of the education tech company and said it's well positioned in the adoption of online learnings. "We are initiating coverage of LRN with a...
Check out the companies making headlines before the bell. Chip stocks — Nvidia shares fell roughly 12.5% in premarket trading as the artificial intelligence trade continues to unwind, dragging down once-hot semiconductor plays. Broadcom slipped about 9%, while Super Micro...
Check out the companies making headlines before the bell. Exxon Mobil — The energy giant reported a stronger-than-expected profit for the second quarter amid record production in Guyana and the Permian Basin. Earnings per share came in at $2.14, beating...
Here are Tuesday's biggest calls on Wall Street: Loop initiates BrightView as buy Loop said it's bullish on shares of the commercial landscaping company. "We are initiating coverage on BV with a Buy rating and $18 PT as we believe...
A food delivery messenger is seen in Manhattan. Luiz C. Ribeiro | New York Daily News | Tribune News Service | Getty ImagesFood from the restaurant of your choosing, delivered right to your door — at what cost?Third-party food delivery is...
Check out the companies making headlines in premarket trading. Alphabet — Shares of the Google parent-company slipped nearly 4% before the opening bell. Advertising revenue in Alphabet's YouTube segment undershot expectations in the second-quarter and overshadowed results that beat analyst...
A Boeing 787 Dreamliner sits on the tarmac at Boeing Field in Seattle, Washington.Robert Sorbo | ReutersBoeing expects delayed suppliers to catch up on parts that have slowed production of its 787 jets to below a rate of five a...
Check out the companies making headlines before the bell. Domino's Pizza — Shares plunged more than 13% on the company's mixed second-quarter results. Domino's posted $4.03 earnings per share, topping an LSEG estimate of $3.68 per share. However, revenue came...
