Jessica Roberts

Costco (COST) shares dip despite earnings beat. We see no cause for concern

Business
Jessica Roberts

Costco Wholesale ‘s third-quarter earnings topped Wall Street expectations on Thursday, driven by higher sales and lower-than-expected operating expenses. Even with a ...

Dell Stock Falls On Mixed Q1 Earnings Report

Business
Jessica Roberts

Dell Technologies (DELL) late Thursday matched Wall Street’s earnings target for its fiscal first quarter on higher-than-expected sales. But Dell stock fell ...

Dell’s profit, margin hurt by higher AI costs, shares slump

Business
Jessica Roberts

By Jaspreet Singh (Reuters) -Dell forecast current-quarter profit below market estimates on Thursday, and signaled that higher costs to build servers that ...

Costco Q3 earnings beat all key metrics, after shares closed at an all-time high

Business
Jessica Roberts

Costco (COST) posted another bulk-sized quarter as consumers look for wallet-friendly prices on everyday essentials. On Thursday afternoon, the company reported net ...

Jamie Dimon says there could be ‘hell to pay’ if the swelling private-credit market starts showing cracks

Business
Jessica Roberts

Jamie Dimon, CEO of JPMorgan ChaseAlex Brandon/AP “There could be hell to pay” if private credit markets wobble, Jamie Dimon said. He ...

Tesla Stock: Elon Musk, Company, Lash Out As Some Institutional Investors Reject CEO Pay Package

Business
Jessica Roberts

Tesla (TSLA) and its Chief Executive Elon Musk each fired their own salvos at institutional investors apparently reluctant to give the nod ...

OpenAI finds Russian, Chinese propaganda campaigns used its tech

Business
Jessica Roberts

SAN FRANCISCO — ChatGPT maker OpenAI said Thursday that it caught groups from Russia, China, Iran and Israel using its technology to ...

These Two Commercial Foreclosures Speak Volumes About How Bad The Market Is

Business
Jessica Roberts

These Two Commercial Foreclosures Speak Volumes About How Bad The Market Is Two recent transactions involving failed class-A office properties in two ...

Foot Locker shares surge as Q1 earnings point to a step in the right direction

Business
Jessica Roberts

Investors are rewarding Foot Locker (FL) for taking a step in the right direction. On Thursday morning, shares jumped nearly 20% as ...

Dow extends slide as lackluster earnings, rate fears prey on nerves

Business
Jessica Roberts

US stocks headed for more losses on Thursday as lingering concerns about higher-for-longer interest rates and a Salesforce (CRM) sell-off put a ...