WALL STREET

Stocks rebound but head for worst January since 2016

Stocks staged a modest rebound on Monday as traders put aside concerns about inflation and the crisis in Ukraine to…

4 years ago

Chevron kicks off oil industry’s fourth quarter results with a miss

Chevron Corp (CVX.N) on Friday reported a fourth quarter profit that missed Wall Street estimates despite sharply higher oil and gas prices.

4 years ago

Meme stock hangover: a year after GameStop, traders face gloomier markets

The mood has shifted dramatically a year since a spectacular rally in shares of GameStop (GME.N) captivated Wall Street, launching a mania…

4 years ago

Dealmaking helps Deutsche Bank deliver biggest profit in a decade

Deutsche Bank (DBKGn.DE) delivered its most profitable year in a decade on the back of a dealmaking bonanza, strengthening Chief Executive Christian…

4 years ago

Ford aims to be the Tesla of connected commercial vehicles

Ford Motor Co (F.N) Chief Executive Jim Farley won applause from Wall Street by increasing the production target for the automaker's electric F-150…

4 years ago

‘Gamification’ in financial markets under scrutiny, says EU watchdog

Gamification has introduced a new generation of retail investors to financial markets who may not be aware there are few…

4 years ago

IBM marks strong start to new chapter as cloud revenue booms

IBM (IBM.N) on Monday beat Wall Street estimates for revenue in the fourth quarter, as its focus on the cloud paid off…

4 years ago

Activist investor Blackwells Capital pushes Peloton to fire CEO

Activist investor Blackwells Capital LLC wants exercise equipment maker Peloton Interactive Inc. to fire its chief executive and consider selling…

4 years ago

Goldman profit hit by weaker trading, rising expenses; shares tumble

Shares in Goldman Sachs Group (GS.N) fell as much as 8% Tuesday after Wall Street's premier investment bank missed quarterly profit expectations,…

4 years ago

Ford records $8.2 bln fourth-quarter gain from Rivian investment

Ford Motor Co (F.N) said on Tuesday its fourth-quarter results would include an $8.2 billion gain on its investment in Rivian Automotive…

4 years ago