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Exxon posts record-breaking second-quarter profit

Exxon Mobil Corp on Friday posted its biggest quarterly profit ever on the back of soaring energy prices and as it kept a tight rein on spending....

July 29, 2022, 6:41 am

Apple faces lukewarm demand in china after quarterly revenue drop -analysts

Apple should brace for a weakening of demand in China as shoppers curb spending in an anemic economy, s...

July 29, 2022, 1:35 am

Amazon says consumer spending remains strong, bucking broader retail gloom

The optimistic commentary is a stark difference from warnings issued earlier in the week by Walmart and Best Buy....

July 28, 2022, 9:00 pm

Apple services revenues gain 12% as paid subscriptions top 860m

Volatile supply chains. Slowing hardware-related sales growth – and depending on where you look, some...

July 28, 2022, 8:25 pm

Clean energy etfs climb on new climate spending bill

Clean energy sector-related exchange traded funds surged Thursday after Senate Majority Leader Chuck Schumer, D-N.Y., and Sen. Joe Manchin, D-W.Va....

July 28, 2022, 7:31 pm

Walmart warns of american spending, weighs on consumer etfs

Walmart Inc. (NYSE: WMT) shares plunged, dragging down consumer sector-related exchange traded funds, after the big-box retailer lowered its outlook i...

July 28, 2022, 1:23 pm

Jetblue finally succeeds in buying spirit airlines

Shares of Spirit Airlines Incorporated (NYSE: SAVE) are up nearly 5.0% on Thursday after the ultra-low-cost air carrier agreed to merge with JetBlue A...

July 28, 2022, 11:37 am

Mastercard earnings top expectations amid ‘robust' spending

Mastercard Inc. became the latest payments company to signal upbeat spending trends as the card giant p...

July 28, 2022, 8:14 am

A rebound in travel and entertainment is fueling this longtime warren buffett stock

Travel and entertainment spending has taken longer to rebound than other pandemic-impacted industries....

July 28, 2022, 5:10 am

Housing etfs hold as pending home sales tumble

pending home sales in the U.S. declined a whopping 8.6% in June from the month prior as the red-hot hou...

July 27, 2022, 9:05 pm

A stable earnings picture despite many headwinds

While this stability and resilience runs contrary to worries of an imminent economic slowdown or even a recession, we are starting to see tell-tale si...

July 27, 2022, 7:21 pm

Mark zuckerberg says economic downturn is here, so meta must do more with less

Meta is one of several technology companies that have scaled back hiring as economic conditions, including consumer spending, have become more challen...

July 27, 2022, 5:56 pm

Two automation stocks the institutions are buying

If you've been wondering where this year's CAPEX spending is going look no further than the automation ...

July 27, 2022, 3:28 pm

Consumer spending 'remarkably stable,' visa cfo says

Visa CFO Vasant Prabhu says consumer spending has been stable this year. Speaking with Alix Steel on "B...

July 27, 2022, 12:19 pm

Pfizer loses court battle over drug copay assistance program with big implications for medicare spending

A federal appeals court has rejected Pfizer's claims against the government in a case with major ramifications for drug prices, Medicare s...

July 27, 2022, 8:05 am

Visa payments volume in q3 136% above pre-pandemic levels

Get up and go — consumers are doing so in droves and using their cards to pay for it all. Visa's results posted on Tuesday (July 26) spotlight a boo...

July 26, 2022, 9:14 pm

Zim integrated: container shipping pessimism is overdone, upside ahead

ZIM shares have faced immense pressure in recent months as concerns over rising inflation and a pending ...

July 26, 2022, 5:11 pm

Alphabet is set to report q2 earnings after the bell

Alphabet's earnings report lands as advertisers pull back on spending to manage through inflation....

July 26, 2022, 3:40 pm

Factors setting the tone for royal caribbean (rcl) q2 earnings

Royal Caribbean's (RCL) second-quarter performance is likely to have benefited from pent-up demand, improved booking trends and strong onboard spendin...

July 26, 2022, 2:45 pm

Walmart customers are spending on food, and not much else, as inflation takes a toll

Walmart Inc.'s profit warning late Monday was attributed to its customers' focused spending on food as ...

July 26, 2022, 11:10 am


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