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Netflix Earnings Soar Past Expectations. How a Weak Dollar Helped Boost Results.
Wall Street analysts are expecting earnings per share of $7.08, up from $4.88 last year, and revenue of $11.1 billion, up 16%.
The stock market isn’t waiting around for Aug. 1 to decide if tariffs will hurt consumers
Retail sales for June point to something the stock market already feels pretty confident about: U.S. consumers will keep spending, even if bigger tariff hit in August.
Michigan's jobless rate drops for 2nd consecutive month but still exceeds U.S. rate
Michigan’s unemployment rate declined for the second consecutive month in June, although the state's jobless rate still remains higher than the U.S. rate. The state's jobless rate declined slightly
Netflix notches a record quarter and signals more growth ahead
Netflix posted record-setting revenue and earnings for the second quarter on Thursday. The streamer also raised its forecast for the year. Analysts are eyeing the platform's plans to scale through
Asian shares mostly advance after Wall Street cruises to more records
Asian shares were mostly higher on Friday after Wall Street rose to records following better-than-expected updates on the economy and a mixed set of profit reports from big U.S. companies. Japan’s
A top Fed official, considered a candidate to replace Powell, keeps calling for a rate cut this month
A top official at the Federal Reserve on Thursday reiterated his call for an interest rate cut later this month, despite data showing ongoing resilience in the US economy and other central bankers
Oracle looks to join an exclusive club as it approaches this financial milestone
With the cloud giant’s stock rising 3.1% on Thursday, Oracle is within a hair of surpassing a $700 billion market capitalization. Its shares clinched a new closing high of $248.75 at the end of the
Strong earnings and upbeat economic data power stocks to fresh all-time highs
Stocks jumped to record highs on Thursday, with investors brushing off the latest Trump-Powell drama to focus on strong earnings and robust economic data.
Chip Maker TSMC's Stock Rises on Upbeat Outlook for Revenue, Strong AI Demand
KEY TAKEAWAYS Taiwan Semiconductor Manufacturing Co. on Thursday boosted its full-year revenue growth projections, as strong AI demand continued to fuel results at the world’s largest contract
Federal Reserve's Waller says central bank should cut rates at next meeting
A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, carving out a different view than that of Chair Jerome Powell, who has been
A lucky mistake made a Massachusetts lottery player a millionaire
Paul Corcoran of Fitchburg, Massachusetts took home $2 million after accidentally purchasing an extra Powerball ticket last week.
Nvidia CEO Huang Emerges as Reluctant Emissary in US-China Clash
Days after a White House meeting with President Donald Trump, Jensen Huang was being hailed by an audience on a stage in Beijing.
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