A rise in shares of Microsoft and PayPal boosted the Nasdaq on Thursday, but poor earnings reports from Twitter and 3M dragged down the S&P 500 and Dow Jones indexes, taking the shine off what has been an upbeat earnings season so far.
Oil prices climbed on Thursday, with Brent rising above $61 a barrel as a surprise drop in U.S. crude inventories and the prospect of further market-supporting action by OPEC and its allies offset some concern over the outlook for demand.
Consumers are paying more attention to their carbon footprint and it could cost airlines billions of dollars, Citi said in a note to clients on Tuesday.
Sales of new U.S. single-family homes fell in September as low inventories continue to weigh on sales even as prices saw the biggest monthly fall in five years.
Virgin Galactic will trade under the stock ticker SPCE.
PayPal sees strong total payment volume growth, with a 64% year-over-year jump in Venmo payment volume.
CBC | Terri Coles ·| Oct 24, 019 With more than half a billion in new venture funding, Verafin is stepping into the spotlight On Wednesday, Canada's largest-ever venture funding deal was made for $515 million — a sizeable sum of money by any measure — going to a world leader in providing financial crime management
Stock markets edged higher on Thursday amid upbeat earnings reports from a slew of companies worldwide, while the British pound slipped.
Twitter Inc posted worse-than-expected quarterly revenue and profit on Thursday, plagued by unusually low demand over the summer and technical issues that hurt its advertising, sending its shares down about 19%.
Spirit Airlines said it is working with Airbus SE and trade representatives to mitigate the impact of U.S. tariffs on European-made aircraft but does not see a near term impact on its overall cost structure.
Tesla popped 16.5% Thursday, meaning short sellers betting against the stock are on track for $1.4 billion in mark-to-market losses.
Italian-American carmaker Fiat Chrysler more than doubled the value of a jersey sponsorship deal with Juventus in a sign of increasing support from the Agnelli family for Italy's football champions.
Wall Street analysts predict what will happen with Amazon's earnings report on Thursday after the bell.
American Airlines Group and Southwest Airlines posted quarterly profit rises on Thursday even as the two U.S. carriers pointed to rising impact from the continued grounding of Boeing 737 MAX.
Russia's largest oil company Rosneft has fully switched the currency of its contracts to euros from U.S. dollars in a move to shield its transactions from U.S. sanctions, its chief executive Igor Sechin said on Thursday.