Apple, Boeing bolster Wall Street at open
Wall Street opened higher on Wednesday as a surge in shares of Apple, Boeing and General Electric after their results overshadowed concerns over the economic impact of a fast-spreading coronavirus.
Wall Street opened higher on Wednesday as a surge in shares of Apple, Boeing and General Electric after their results overshadowed concerns over the economic impact of a fast-spreading coronavirus.
Oreo cookie maker Mondelez International Inc on Wednesday beat quarterly revenue estimates on higher demand for its snacks in emerging markets, sending shares up 3%.
Wall Street analysts were smitten by a rebound in sales of Apple Inc's iPhones after a year of decline. So much, in fact, that they looked past a weaker-than-expected rise in services revenue, the company's growth driver.
The U.S. Federal Reserve is expected to keep interest rates unchanged when it wraps up its first policy meeting of the year on Wednesday.
Goldman Sachs Group Inc on Wednesday set aggressive targets to grow many of its businesses, as the Wall Street powerhouse tries to make meaningful inroads in areas dominated by larger rivals JPMorgan Chase and Bank of America
The S&P 500 ended slightly lower on Wednesday, as an initial boost from the likes of Apple, Boeing and General Electric following their quarterly results faded in the wake of a policy announcement from the Federal Reserve.
Chinese telecoms equipment maker Huawei [HWT.UL] on Wednesday welcomed the European Union's 5G guidelines that are likely to limit its business in Europe, but which fall short of a U.S. call for a total ban.
U.S. stock index futures rose on Wednesday as strong results from Apple and other marquee companies kicked fourth-quarter earnings into top gear and overshadowed concerns over the economic impact of the fast-spreading coronavirus.
The United States on Wednesday urged Britain to look again at its decision to allow China's Huawei a limited role in 5G networks, cautioning that American information should only pass across trusted networks.
European Union countries can either restrict or exclude high-risk 5G vendors from core parts of their telecoms networks, according to new EU guidelines announced on Wednesday, a move targeting China's Huawei Technologies but falling short of a U.S. call for a complete ban.
EU countries can either restrict or exclude high-risk 5G vendors from core parts of their telecoms networks, according to new EU guidelines announced on Wednesday, a move targeting China's Huawei Technologies but falling short of a U.S. call for a complete ban.
General Electric Co quarterly profit and cash flow beat analysts' estimates on Wednesday, boosted by its aviation unit, but the industrial conglomerate set a relatively modest profit target for 2020.
Tax season doesn't always come with a windfall for filers. About 20% of people polled by NerdWallet believe they'll owe the taxman this April, paying an average of $2,667. Here's why.
Mastercard Inc beat Wall Street estimates for quarterly profit on Wednesday as customers spent more on its cards during the U.S. holiday shopping season, boosting fees for the world's second-largest payment processor.
The deal will include local news organizations such as the Omaha World-Herald in Nebraska and the Tulsa World in Oklahoma.