U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.46%
Investing.com – U.S. stocks were lower after the close on Thursday, as losses in the Technology, Telecoms and Financials sectors led shares lower. At the close in NYSE, the Dow…
Skyworks Earnings, Revenue Beat in Q4
Investing.com – Skyworks (NASDAQ:SWKS) reported on Thursday fourth quarter earnings that beat analysts’ forecasts and revenue that topped expectations. Skyworks announced earnings per share of $3.02 on revenue of $1.41B.…
Coinbase reports third-quarter loss as volumes drop
(Reuters) – U.S. cryptocurrency exchange Coinbase (NASDAQ:COIN) Global Inc on Thursday reported a third-quarter loss as high inflation, rising interest rates and geopolitical tensions weakened demand for risky assets, sapping…
Wall St down for fourth straight day on Fed rate hike worry
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks closed lower for a fourth consecutive session on Thursday as economic data did little to alter expectations the Federal Reserve would…
Stock Market Today: Dow Down as Tech Slides on Hawkish Fed Bets; Jobs Data Eyed
By Yasin Ebrahim Investing.com — The Dow slipped Thursday, pressured by a stumble in big tech amid rising Treasury yields as investors bet on a more hawkish path for rate…
DoorDash revenue beats estimates as appetite for food delivery holds up
By Ananya Mariam Rajesh (Reuters) -Food delivery company DoorDash Inc said orders surged to a record high in the third quarter as people stuck to their pandemic-era habits despite rising…
Starbucks beats quarterly sales estimate on pricey drinks, robust demand
(Reuters) -Starbucks Corp topped Wall Street estimates for quarterly comparable sales on Thursday, as pricier drinks and strong demand from consumers in North America helped the coffee chain offset the…
Carvana quarterly loss widens as demand for used cars shrinks
(Reuters) -Carvana Co on Thursday reported a wider third-quarter loss as elevated car prices and higher interest rates dented demand for used cars. The used-car retailer is facing a challenging…
Amgen posts higher third-quarter revenue and profit
By Deena Beasley (Reuters) -Biotechnology company Amgen Inc (NASDAQ:AMGN) on Thursday said its third-quarter revenue rose 1% as higher volume growth for its cancer, rheumatology and cardiovascular products was offset…
Air Lease revenue rises on strong demand for jets
(Reuters) – Aircraft lessor Air Lease (NYSE:AL) Corp reported a rise in third-quarter revenue on Thursday, thanks to strong demand from airlines looking to expand their fleet to tap a…