The last two years have seen investors put faith in tech and largely get rewarded. That's as value stocks have lagged behind. Vanguard's S&P 500 large-cap value ETF VOOV returned 9.8% last year and 19 ...
Within the institutional-securities business, equity revenue soared 51% to $3.33 billion, beating the FactSet consensus of $2.64 billion, amid notable strength in the prime brokerage. The margin of ...
Bank of America Financial Chief Alistair Borthwick said the company's net interest income was driven by a rise in deposits, which hit a floor in August of last year and have been increasing since then ...
Southwest Airlines Co.'s stock fell 3% early Thursday, after Citigroup downgraded the stock to sell from neutral, arguing that the valuation has risen while earnings quality and free cash flow ...
Then again, Dr. Bryan Quoc Le, a food scientist and food-industry consultant, said he could see children consuming amounts that could potentially be harmful, whether it's those gummy bears or another ...
Technology company Symbotic has struck a deal to expand its partnership with Walmart, taking on a $520 million program to develop an automated delivery platform for Walmart stores while also agreeing ...
Shares of Morgan Stanley (MS) rallied 1.6% in premarket trading Thursday, after the bank and broker beat profit and revenue expectations, amid strength in its bond and stock trading business. Earnings ...
This article is a text version of a Wall Street Journal newsletter published earlier today.
BP will cut 4,700 internal and 3,000 contractor roles across its business as part of cost-cutting measures. Employees at the British oil-and-gas giant were told of the job cuts Thursday via an email ...
Indian outsourcing giant Infosys Ltd. on Thursday raised its sales outlook for the third time this year as the company said clients were increasingly adopting its artificial-intelligence services.
TSMC Expects Continued AI-Driven Growth After Ending 2024 Strong The company's chief executive said revenue from AI-related servers and processors is expected to double in 2025 after more than ...
TotalEnergies expects fourth-quarter hydrocarbon production to increase slightly but said oil prices and refining margins will be a drag on its financial performance. Here's what the French ...