Boeing said it expects a fourth-quarter GAAP loss of $5.46 a share, well above the $1.55-a-share loss that Wall Street forecast.
The election of Donald Trump in November and a swing back to Republican power in Washington is already starting to make an impact in the business world, according to Goldman Sachs CEO David Solomon.
Indian outsourcing giant Infosys on Thursday raised its sales outlook for the third time this year as the company said clients were increasingly adopting its artificial-intelligence services.
U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make it less likely that the Federal Reserve will cut its key interest rate much
JPMorgan’s net income soared 50% to more than $14 billion in the fourth quarter as the bank’s profit and revenue easily beat Wall Street forecasts, and other major banks reported
JPMorgan’s net income soared 50% to more than $14 billion in the fourth quarter as the bank’s profit and revenue easily beat Wall Street forecasts, and other
OMAHA, Neb. (AP) — Union Pacific reported 7% more fourth-quarter profit as it managed to deliver more shipments with fewer employees and continued to make the railroad more efficient.
The company is facing pressure on two fronts—the government and a host of new AI-powered search rivals. It has the capacity to meet both challenges and continue to prosper.
With morale at a low point, biotech and pharma CEOs are cautiously optimistic about the incoming Trump administration.
U.S. wholesale inflation rose last month on higher energy prices. The Labor Department reported Tuesday that its producer price index — which tracks inflation before it hits consumers — rose 0.2% last month from November,
Stock futures were marginally lower on Thursday night after the Dow Jones Industrial Average and the S&P 500 ended a three-day losing streak. Futures tied to the 30-stock Dow fell 30 points, or less than 0.1%. S&P 500 futures and Nasdaq 100 futures both dipped less than 0.1%.
Taiwan Semiconductor Manufacturing Co. on Thursday reported a stronger-than-expected profit and said artificial intelligence demand will help offset a typically weak period for smartphone sales.