Corporate/Industrial News
Jobless claims inch up to 220,000, layoffs still low
Business
The numbers: The number of Americans who applied for unemployment benefits last week was barely changed at 220,000, indicating that layoffs remain ...
IBM pulls ads from X after Elon Musk’s incendiary comments over white pride
Business
Last Updated: Nov. 16, 2023 at 5:29 p.m. ET First Published: Nov. 16, 2023 at 5:02 p.m. ET IBM Corp. IBM has ...
The Magnificent Seven add more than $200 billion to their market caps
Business
Published: Nov. 14, 2023 at 4:45 p.m. ET It was a magnificent day for the stock market Tuesday, highlighted by a strong ...
Veterans Day 2023: Are banks closed on Friday? Are schools open?
Trending
An earlier version of this report inaccurately characterized the U.S. bond market’s hours on Friday. It is open. There are plenty of ...
The Collapse of Clean-Energy Stocks. What Comes Next.
Business
Clean-energy stocks are suffering through their worst slump in years, causing the industry’s value to tumble by tens of billions of dollars ...
Apple ‘investing quite a bit’ in generative AI, but Cook is being tight-lipped
Technology
Published: Nov. 2, 2023 at 8:23 p.m. ET Apple Inc. Chief Executive Tim Cook says his company is “investing quite a bit” ...
ADP says 113,000 private-sector jobs created in October. U.S. labor market softening?
Business
Last Updated: Nov. 1, 2023 at 9:20 a.m. ET First Published: Nov. 1, 2023 at 8:19 a.m. ET The numbers: Businesses in ...
Google’s stock sheds market cap the size of Nike in one of Wall Street’s five worst drops ever
Business
Published: Oct. 25, 2023 at 4:58 p.m. ET The selloff in Alphabet Inc. shares Wednesday resulted in the fifth-largest one-day decline in ...
Tesla’s stock falls after earnings. Is Wall Street missing the big picture?
Business
As Tesla Inc. shares were down 7% premarket Thursday in the wake of earnings, numerous analysts saw silver linings. Yes, Tesla TSLA, ...
Don’t be fooled: Huge one-day stock rallies are more common in bear markets
Business
Published: Nov. 15, 2023 at 6:18 p.m. ET Bullish stock investors should temper the enthusiasm with which they greeted the stock market’s ...