Microsoft Corp. said Wednesday that its profit for the October-December quarter grew 10% from the same time last year as it works to capitalize on the huge amounts of money it has spent to advance its
U.S. stocks were traded mixed on Wednesday morning with markets in a wait-and-see mode ahead of the first Federal Reserve interest-rate decision of 2025. Investors also were getting ready for quarterly earnings from some of the Big Tech companies,
Tesla’s fourth-quarter net income fell 71% from a year ago when results were boosted by a one-time tax benefit. The latest results fell short of Wall Street forecasts.
Microsoft (NASDAQ:MSFT) has lagged behind the NASDAQ over the past year but is off to a strong start in 2025, outperforming the broader market.
General Motors swung to a loss in the fourth quarter on an increasingly difficult environment in China, but still topped profit and revenue expectations on Wall Street
General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue expectations on Wall Street
UPS's stock tumbled 17% in midday trading, putting it on track to break the current record selloff of 12.1% seen on July 23, 2024. It was by far the biggest decliner in the S&P 500 index SPX and was also trading at the lowest prices seen since June 2020.
The company lost 139,000 subscribers in its residential broadband business during the fourth quarter, when factoring in some negative impact associated with hurricanes Milton and Helene. Analysts tracked by FactSet were expecting the company to shed 105,000 subscribers.
Quest Diagnostics' fourth-quarter net income and revenue rose beyond Wall Street expectations, and the medical firm forecast more growth in 2025 amid rising demand for its health-care tests.
T-Mobile forecast annual wireless subscriber growth above Wall Street estimates on Wednesday, after holiday-quarter promotions and deals boosted demand for its affordable premium 5G plans with streaming bundles.
It happened again on Thursday morning, when Cigna Group reported quarterly earnings. The results missed estimates and management’s financial guidance for next year was lower than Wall Street expected.