Nvidia could become the first $5 trillion company today. Here’s just how big that is.
A $5 trillion market capitalization would be larger than the combined market values of Broadcom, TSMC, AMD, ASML, Micron, Lam Research,…
CVS books a $5.7 billion loss in its health-services business, tarnishing upbeat earnings
CVS Health’s stock falls as a large charge to write off the value of an underperforming business takes the shine off an otherwise strong…
The biggest highlight from Verizon’s earnings report isn’t a number
Verizon’s new CEO talked up “bold and fiscally responsible action” weeks after spooking investors with his messaging around growth.
Caterpillar’s stock surges to a record after a big revenue beat and a surprisingly upbeat outlook
Caterpillar Inc.’s stock rose in early trading on Wednesday after the earth-moving company said it’ll grow its revenue this year.
Mercedes CEO says carmaker is scurrying for chips after Nexperia nationalization
The chief executive of Mercedes said the luxury automaker is “scurrying” around looking for alternatives after a key microchip maker was…
PayPal is partnering with OpenAI — and more reasons its stock is soaring
PayPal is also instituting its first dividend, boosting its full-year forecast and sharing new numbers around Venmo.
How United and Delta are making billions catering to the high-flyers among us
Executives at United Airlines and Delta Air Lines bet that, after a post-pandemic’s era of pent-up demand and “revenge travel,” well-heeled…
Microsoft’s stock is in need of a jolt. Here’s how earnings could fuel a breakout.
Microsoft reports earnings on Wednesday, and analysts see the potential for further acceleration in its cloud business as well as major…
My son’s credit-card company will write off $10K on a $25K debt. Should he accept or declare bankruptcy?
“What are the negative consequences of a second bankruptcy?”
AI is gobbling up power and money — and sidelining this big issue, Blackstone and BlackRock CEOs say
The biggest minds in finance weighed in on AI, investing and the U.S. economy at a Saudi Arabia conference on Tuesday.