Among the standout numbers in the fourth quarter, Morgan Stanley's revenue in the institutional-securities business jumped 47.1% from a year ago to $7.27 billion, well above the FactSet consensus of ...
Cyclicality and overbuilding in the industry present risks for shareholders. Typically, US lodging recoveries last five to nine years, but the upcycle ending in 2019 lasted 10 years.
A survey found that Gen Z intends to invest in cash assets and bonds more than older generations. Traditional wisdom says that younger investors can afford to take on more risk with their portfolios ...
Southwest Airlines Co.'s stock fell 4% Thursday, after Citigroup downgraded the stock to sell from neutral, arguing that the valuation has risen while earnings quality and free-cash-flow conversion ...
Atara Biotherapeutics shares plunged after the FDA rejected its application to bring a blood cancer treatment to market. Shares of the biotechnology company were recently down 46.5% to $7.04. The ...
Another analyst is casting doubt on Advanced Micro Devices Inc.'s growth potential in graphics processing units, leading to the latest downgrade of the semiconductor stock. Wolfe Research's Chris Caso ...
The biggest contract microchip maker, whose clients include Nvidia, said its fourth-quarter earnings jumped 57% to NT$374.7 billion ($11.37 billion), or NT$14.45 a share. Analysts polled by FactSet ...
Yields on U.S. government bonds turned slightly lower Thursday morning, reversing direction from earlier in the day, after one key policymaker spoke about the possibility of multiple 2025 rate cuts by ...
Goldman Sachs Group, Inc. (GS) is currently at $612.34, up $6.42 or 1.06% --Would be new all-time high (Based on available data back to May 4, 1999) --Would be the first record close since Nov. 29, ...
On the post-earnings call with analysts, Chief Executive Andrew Witty addressed the recent public backlash over high drug costs and transparency of coverage, particularly following killing of Brian ...
Indian outsourcing giant Infosys Ltd. on Thursday raised its sales outlook for the third time this year as the company said clients were increasingly adopting its artificial-intelligence services.
Down 6.33% at today's intraday low; largest intraday percent decrease since Aug. 5, 2024, when it fell as much as 6.38% ...