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Cris TolomiaQuartz |
Caterpillar stock popped 10% after a strong earnings report, while Meta and Microsoft stock fell on AI spending concerns
Chris Mihok will join as a managing director covering banks, reporting to the heads of North America banks coverage
The new affiliate, Oro Mobility, will handle charging, maintenance, and staffing for Uber's Lucid-Nuro autonomous vehicles in the San Francisco Bay...
The state's average hit $6.01 per gallon Thursday — the highest since October 2023 and a 30% jump since the war began
The consumer goods company posted 3.8% underlying sales growth, ahead of analyst expectations, led by strong volumes in emerging markets
The order directs the Treasury Department to launch TrumpIRA.gov by January, when a government match program for low-income workers takes effect
Initial claims dropped by 26,000 from the prior week, well below analyst expectations of 212,000
The new composite rate, up from 4.03%, combines a 0.90% fixed rate and a variable rate tied to inflation
The Houston-based oil producer excluded Qatar from its guidance, trimming its full-year forecast to 2.3–2.33 million barrels per day
The rebound followed a 0.5% expansion in late 2025, when a federal government shutdown weighed on output
Adjusted EPS of $4.60 topped analyst estimates of $4.41, but April-to-date data showed a deceleration in cross-border transaction growth
Fee-related earnings rose to $393.6 million and assets under management climbed to $315 billion, but direct lending posted a net loss of 1.1%
Conflict in the Middle East weighed on results, while Versace contributed €143 million in its first full quarter under Prada ownership
The Brookfield-backed firm spent tens of millions of dollars on the 2,100-acre PW Digital Gateway project before courts voided its zoning approvals
The chocolate maker posted $3.1 billion in quarterly sales and adjusted EPS of $2.35, topping Wall Street forecasts
The revised application uses complete traffic data from all 6 North American Class I railroads and projects $3.5 billion in annual shipper savings
The cruise operator now expects adjusted earnings of $17.10 to $17.50 per share, down from a prior forecast of $17.70 to $18.10
The company's FutureNow Chicago center will focus on AI, cybersecurity, data science, and quantum computing on the city's South Side
Same-store sales rose 0.5% in the first quarter, reversing recent declines, though net income fell 22% year over year
The new entity, called Roze, would focus on building data centers using autonomous robots and could list as early as this year
Adjusted operating income nearly tripled year-over-year, but analysts flagged earnings quality concerns and negative free cash flow
The Claude maker's potential new valuation would surpass OpenAI, which closed a $122 billion round at an $852 billion valuation in March
The drugmaker posted $16.29 billion in quarterly revenue, topping Wall Street forecasts, though a big acquisition charge pushed it to a net loss
Worldwide revenue climbed 56% to $19.8 billion in the first quarter, led by Mounjaro's 125% sales jump
The equipment maker's operating profit margin slipped to 17.7% as higher tariff costs weighed on manufacturing across all 3 segments
Brent briefly touched $126 a barrel overnight before pulling back, with both contracts up about 60% since the U.S.-led war against Iran began in...
The AI in Registered Apprenticeship Innovation Portal offers training modules and program resources across industries such as healthcare, finance, and...
The vote was the most divided since October 1992, with dissenters split between wanting a cut and opposing any easing signal
The Volkswagen subsidiary delivered 15% fewer vehicles in the first quarter and took a €200 million hit from U.S. import tariffs
The Alphabet subsidiary says it won't operate driverless taxis in the city until it receives a permit, despite resistance from several city council...
The Senate Banking Committee voted along party lines to send Kevin Warsh's nomination to the full Republican-controlled Senate
The data storage company posted $3.11 billion in Q3 revenue and projected $3.45 billion for the current quarter, well above analyst estimates
The online marketplace reported $631.3 million in first-quarter revenue, topping analyst estimates of $620.9 million
ESPN will stay inside Disney as the company leans on the sports network to support its push into streaming
Skyrizi and Rinvoq together generated more than $6.6 billion in quarterly sales, far outpacing Humira's $688 million
Musk, the first witness called, said he could have started OpenAI as a for-profit company but chose not to
The Queens facility, already operating slots for over a decade, launched more than 240 table games and brought its total workforce to 2,200
U.S. gas prices are hovering near highs not seen since the start of the Iran war as Washington weighs extending its blockade of Iranian ports
The $12.99 sandwich marks the first time Shake Shack has offered baby back ribs, with the meat hand-deboned and slow-cooked for 9 hours
A fuel pressure sensor that can separate in a rear-end crash may allow fuel to leak, violating federal safety standards
Net income rose 134% year-over-year to $166.7 million, while loan originations hit a record $12.2 billion
The Houston-based refiner earned $207 million in the first quarter, reversing a loss from a year earlier, as crude utilization hit 95%
Oncology revenue climbed 16% in the quarter, driven by double-digit gains across multiple cancer treatments
Operating profit rose 16% to €705 million in the first quarter, topping analyst forecasts, even as tariffs and a stronger euro weighed on results
The German automaker's carmaking margin fell to 4.1% from 7.3% a year earlier, but the decline was less steep than analysts had forecast
The Swedish automaker earned SEK 1.6 billion in operating income despite a drop in overall revenue and U.S. tariff headwinds
Adjusted earnings per share of $1.50 topped analyst estimates of $1.38, with Taco Bell posting 8% same-store sales growth
AWS customers can access OpenAI's latest models and its Codex coding agent through Amazon Bedrock, initially in limited preview
Amazon Web Services packaged its own hiring and logistics expertise into 2 new products called Connect Talent and Connect Decisions
The national average has climbed 40% since the conflict began in late February, driven by disruptions to Strait of Hormuz shipping