Category: Business

Google parent Alphabet (GOOG, GOOGL) announced its Q4 earnings after the bell on Thursday, falling short of expectations on revenue and earnings per share, as advertising declined year-over-year. Here are the most important numbers from the report, compared to what Wall Street was expecting, as compiled by Bloomberg. Alphabet shares were down 4.2% immediately following …

Alphabet misses on earnings expectations, as revenue falls Read More »

Investors piled into stocks and bonds on Thursday as they seized on signs that interest rates are close to peaking on both sides of the Atlantic. Stocks on Wall Street shot to their highest level since August, while government bonds in Europe staged their biggest one-day rally in years. In the US, the broad S&P …

Stocks and bonds rally as investors bet rates are close to peak levels Read More »

Ford (F) earnings are set for release later today, a crucial report that follows blowout results from rival GM earlier this week. Investors will have a close eye on the company’s full-year profits, which it forecast to come in around $11.5 billion in its latest quarterly report, as well as updated commentary on pricing dynamics …

Investors expect a big quarter following GM’s results Read More »

(Bloomberg) — Meta Platforms Inc . is on track to post its biggest single-day gain in almost a decade after Chief Executive Officer Mark Zuckerberg laid out plans to make the social media giant leaner, more efficient and more decisive. Most Read from Bloomberg Zuckerberg, who has spent the past year promising a faraway future …

Meta Shares Soar Most Since 2013 on Zuckerberg’s Vision Read More »

Meta Platforms Inc.’s shares soared more than 20%, on track for their biggest gain in 10 years, after Chief Executive Officer Mark Zuckerberg announced plans to make the social media giant leaner, more efficient and more decisive. The stock rose in trading after New York markets closed on Wednesday. If the gains hold, the move …

Meta after-hours stock price rockets after Zuckerberg call Read More »

State Farm insurance agents in Louisiana are no longer doing new business with owners of 105 blacklisted Kia and Hyundai models that are vulnerable to theft. NEW ORLEANS — Beginning January 25th, State Farm insurance agents in Louisiana are no longer doing new business with owners of 105 blacklisted Kia and Hyundai models that are …

State Farm declares 105 Kia and Hyundai models ‘ineligible’ for new coverage in La. Read More »

A Tesla car is displayed at a showroom and service center for the auto maker in Amsterdam on Oct. 23, 2019. Tesla recently cut prices across the board, a move with big potential ramifications for the automaker as well as for the industry. John Thys/AFP via Getty Images hide caption toggle caption John Thys/AFP via …

Tesla slashed its prices. We’re now seeing the consequences : NPR Read More »