Apple beat Wall Street's quarterly profit estimates on Thursday, but iPhone sales and China revenue for the holiday quarter were weak due to stiff Chinese competition and a slow rollout of artificial intelligence features.
U.S. stocks ended lower but off their lows of the day on Wednesday as the Federal Reserve held interest rates steady as expected and Fed Chair Jerome Powell offered soothing comments on the economy.
U.S. stocks slipped after the Federal Reserve held its main interest rate steady and broke a run of cuts that began in September
Futures for Canada's main stock index rose on Thursday, supported by gains in metal prices, while investors digested earnings from some of the big tech megacaps on Wall Street.
Wall Street is mainly focused on Apple's iPhone sales in China and any guidance related to its March quarter, which could include iPhone SE4 sales.
Buried in a rote US Treasury survey released on the eve of the latest holiday weekend was a question that all of Wall Street wants the answer to: What’s the Federal Reserve’s plan once it’s done drawing down its crisis-era bond holdings?
Tesla is a controversial stock and there is no shortage of opinions about what will happen later today. Artificial intelligence, demand, and President Donald Trump’s electric-vehicle policies are three key issues facing the company,
WEPE presale raised $63.3 million, setting a new benchmark in meme coin funding. Despite market turbulence, interest in Pepe-themed coins remains strong.
Monday’s bloodbath in Nvidia and other AI stocks wiped out some $1 trillion from the stock market’s value.
The selloff​ extended to shares of natural-gas producers, pipeline operators, mining companies​, and electricity generators.
Ferry service between South Amboy and New York is being expanded 16 months after it started with service to Pier 11 and Wall Street.