Latest Financial markets News

Stocks and bitcoin jump after Trump's victory. So do worries about inflation as Dow surges 1,400

Nov. 06, 2024 14:40 PM EST

NEW YORK (AP) — The U.S. stock market, Elon Musk’s Tesla, banks and bitcoin are all storming higher Wednesday as investors bet on what Donald Trump’s return to the White House will mean for the economy and world. Among the losers the market sees: solar-power companies and potentially anyone...

New CEO at CVS begins to build his team with a goal of reviving the struggling health care giant

Nov. 06, 2024 12:43 PM EST

AP Health Writer (AP) — CVS Health fell short on third-quarter profit, but it posted strong sales and the health care giant shook up leadership under new CEO David Joyner after a rough year that has sent shares plunging. Shares jumped Wednesday along with markets as a whole surged...

US stock market, Tesla and bitcoin soar as markets anticipate broad economic change under Trump; Dow up 1,100 points

Nov. 06, 2024 09:32 AM EST
NEW YORK (AP) — US stock market, Tesla and bitcoin soar as markets anticipate broad economic change under Trump; Dow up 1,100 points.

Sempra: Q3 Earnings Snapshot

Nov. 06, 2024 08:05 AM EST

SAN DIEGO (AP) — SAN DIEGO (AP) — Sempra Energy (SRE) on Wednesday reported third-quarter net income of $638 million. The San Diego-based company said it had profit of $1 per share. Earnings, adjusted for non-recurring gains, came to 89 cents per share. The results...

Hamilton Lane: Fiscal Q2 Earnings Snapshot

Nov. 06, 2024 07:50 AM EST

CONSHOHOCKEN, Pa. (AP) — CONSHOHOCKEN, Pa. (AP) — Hamilton Lane Inc. (HLNE) on Wednesday reported fiscal second-quarter net income of $55 million. The Conshohocken, Pennsylvania-based company said it had net income of $1.37 per share. Earnings, adjusted for one-time items, were...

Johnson Controls: Fiscal Q4 Earnings Snapshot

Nov. 06, 2024 07:45 AM EST

CORK, Ireland (AP) — CORK, Ireland (AP) — Johnson Controls International PLC (JCI) on Wednesday reported fiscal fourth-quarter earnings of $633 million. On a per-share basis, the Cork, Ireland-based company said it had net income of 95 cents. Earnings, adjusted for one-time gains...

Perion Network: Q3 Earnings Snapshot

Nov. 06, 2024 07:42 AM EST

HOLON, Israel (AP) — HOLON, Israel (AP) — Perion Network Ltd. (PERI) on Wednesday reported third-quarter earnings of $2.1 million. On a per-share basis, the Holon, Israel-based company said it had profit of 4 cents. Earnings, adjusted for one-time gains and costs, came to 23...

Cencora: Fiscal Q4 Earnings Snapshot

Nov. 06, 2024 06:57 AM EST

CONSHOHOCKEN, Pa. (AP) — CONSHOHOCKEN, Pa. (AP) — Cencora, Inc. (COR) on Wednesday reported fiscal fourth-quarter net income of $3.4 million. On a per-share basis, the Conshohocken, Pennsylvania-based company said it had profit of 2 cents. Earnings, adjusted for one-time gains...

MarketAxess: Q3 Earnings Snapshot

Nov. 06, 2024 06:38 AM EST

NEW YORK (AP) — NEW YORK (AP) — MarketAxess Holdings Inc. (MKTX) on Wednesday reported third-quarter earnings of $71.5 million. On a per-share basis, the New York-based company said it had net income of $1.90. The results beat Wall Street expectations. The average...

Stock market today: Wall Street rallies on Election Day as economy remains solid

Nov. 05, 2024 20:31 PM EST

U.S. stocks rallied Tuesday as voters headed to the polls on the last day of the presidential election and as more data piled up showing the economy remains solid. The S&P 500 rose 1.2% to pull closer to its record set last month. The Dow Jones Industrial Average climbed 427...