Tesla unveils its Cybercab robotaxi, with no steering wheel and under $30,000
Tesla Inc. unveiled its much-awaited robotaxi at an event in Southern California on Thursday night, showing a prototype of ...
Keep an eye on this critical guidance metric
After JPMorgan warned last month of elevated expectations for 2025 net interest income, investors should watch for how banks recalibrate expectations for the rest of this year. "We expect the global U ...
TikTok Makes Layoffs as It Rejigs Content Moderation Operations
China-owned social-media platform TikTok is laying off employees as part of a revamp of its content-moderation operations. "We're making these changes as part of our ongoing efforts to further ...
Seres Group Shares Rise After It Guides for Swing to Profit
Seres, which has a partnership with tech giant Huawei for in-car software and assisted driving, is a relative newcomer to China's fiercely competitive electric-vehicle market, but is in the top 10 in ...
Fast Retailing Shares Climb to Record Intraday High after FY Earnings Beat
Morningstar lifted its operating-income estimates for Fast Retailing by 4% for fiscal 2025 and by 3% for both fiscal 2026 and fiscal 2027, owing to stronger projected performance in Uniqlo Japan, ...
Harris rips Trump for playing politics with his criticism of feds’ storm response
Vice President Kamala Harris and the White House criticized Donald Trump for his attacks on the federal response to ...
Here are the banks expected to profit most in 2025 from Fed’s rate cuts
The Federal Open Market Committee made a big splash on Sept. 18 when it cut the target range for the federal-funds rate by half a percentage point. But it takes time for financial results to reflect ...
Bank earnings: JPMorgan, Wells Fargo to kick off the season with reports
Earnings season kicks off in earnest Friday with the first results from major banks: JPMorgan and Wells Fargo. MarketWatch ...
Pay close attention to credit metrics from the big banks
As investors gauge the health of the consumer — and how that impacts financial institutions — they should pay attention to credit trends in Friday's reports. "Banks’ resilience to credit deterioration ...
How will rate cuts impact the big banks?
JPMorgan and Wells Fargo kick off earnings season with their reports on Friday. With a smaller portion of their revenue coming from loans compared with regional banks, the big U.S. banks may not get ...
Stocks to Watch: Aehr Test Systems, Stellantis, Nike
Aehr Test Systems plans to expand into the artificial-intelligence market. Chief Executive Gayn Erickson said the company is poised to benefit from its strategy to expand its semiconductor test and ...
Nike elevates another company veteran, as new CEO prepares to take reins
Nike Inc. on Thursday said it would bring in another three-decade company veteran to lead its business in North America, in ...