The level of profit that large corporations experienced in 2021 was unparalleled in American history, as consumers faced the worst price inflation the U.S. has seen in decades Even as top executives warn about the effects of inflation on their …
Before the COVID-19 pandemic struck the globe, the personal computer had become a staid, boring product with dwindling sales, as consumers spent their money on new smartphones every couple of years while letting their home laptops and old towers collect …
Suppose you have a gripe with Twitter, like the status of an ‘edit’ function or a much more weighty question like the platform’s role in cyberspace free speech. Elon Musk — with his newly-announced 9.2% stake in the social media …
Oil company executives will be on the hot seat Wednesday at a House subcommittee hearing as U.S. consumers across the country allege gasoline price gouging at the pump, where drivers last month paid record-high prices per gallon for the fuel. …
Shares of Twitter Inc. rocketed to their biggest single-day gain ever Monday, after it was disclosed that the “Technoking” of Tesla Inc., Elon Musk, had acquired a large stake in the social-media company. Twitter stock TWTR ran up 27.1%, the …
Ryanair Holdings PLC RYA, -1.66% RYAAY, +1.70% said on Monday that it is expecting to narrow its net loss for fiscal 2022, and that it was increasing its fuel hedging for fiscal 2023. The Irish low-cost carrier said that for …
The stock market would plunge if company profit margins were to decline even part of the way back to their long-term average. This is hardly a new insight. I’d be a rich man if I had a dollar for every …
Shares of GameStop Corp. jumped more than 15% in after-hours trading Thursday, after the company announced that executives are looking to conduct a stock split for the first time in 15 years. The videogame retailer announced that it planned to …
The COVID-19 pandemic instigated a boom in personal-computer sales, and supply-chain issues pushed prices up, but analysts see softening sales and a normalizing supply/demand environment in 2022, which slammed a few stocks Thursday. Advanced Micro Devices Inc. AMD shares dropped …
UiPath Inc. shares dropped in the extended session Wednesday after the “software robot” provider’s weaker-than-expected outlook overshadowed a beat of Wall Street’s quarterly results estimates. UiPath PATH, -7.52% shares sank more than 20% after hours, following a 7.5% drop in …
Luxury home retailer RH says the company experienced “softening demand” during the first quarter that coincided with Russia’s attack on the Ukraine in late February. “I think the invasion of Ukraine by Russia just became a kind of a reckoning …
Shares of Tesla shot up Monday after the electric vehicle giant disclosed plans to enable a stock split, which would be the second in two years. The company TSLA, +8.03% said in an 8-K filing with the Securities and Exchange …