By Karen Brettell NEW YORK (Reuters) -The U.S. dollar index jumped to a seven-week high…
Category: Business
Exxon beats estimates, ends 2023 with a $36 billion profit
By Sabrina Valle HOUSTON (Reuters) -Exxon Mobil on Friday posted a better-than-expected $36 billion profit…
Amazon posts AI-fueled cloud, ecommerce growth, shares jump
By Akash Sriram and Greg Bensinger (Reuters) -Amazon.com beat fourth-quarter revenue expectations on Thursday as…
Apple iPhone target is billions short of Wall Street’s as China sales lag
By Stephen Nellis (Reuters) -Apple on Thursday forecast a drop in iPhone sales and targeted…
Facebook parent Meta declares first dividend, shares soar
By Katie Paul and Yuvraj Malik (Reuters) -Meta Platforms issued its first dividend days ahead…
Stocks rally on earnings outlook, yields slip on banking concerns
By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) -Global equity markets rebounded on Thursday…
Google parent Alphabet ad revenue disappoints, CapEx up; shares sink 6%
By Jeffrey Dastin and Akash Sriram (Reuters) -Alphabet disappointed Wall Street on Tuesday as holiday-season…
Fed’s Powell sees lower rates on the horizon as inflation ebbs, economy bounces ahead
By Howard Schneider and Lindsay Dunsmuir WASHINGTON (Reuters) – Federal Reserve Chair Jerome Powell, in…
Investors punish Microsoft, Alphabet as AI returns fall short of lofty expectations
By Jeffrey Dastin and Samrhitha A (Reuters) -Tech giants on Tuesday talked up how customers…
Boeing is sued by shareholders following MAX 9 blowout
By Jonathan Stempel NEW YORK (Reuters) – Boeing has been sued by shareholders who said…