Latest Corporate stock News

Micron, Novavax fall; Qualys, Nielsen Holdings rise

Aug. 09, 2022 16:22 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: Micron Technology Inc., down $2.30 to $59.15. The chipmaker warned investors that revenue could fall short of forecasts because of weakening demand. Take-Two...

Closing prices for crude oil, gold and other commodities

Aug. 09, 2022 15:16 PM EDT

Benchmark U.S. crude oil for September delivery fell 26 cents to $90.50 a barrel Tuesday. Brent crude for October delivery fell 34 cents to $96.31 a barrel. Wholesale gasoline for September delivery rose 7 cents to $2.96 a gallon. September heating oil rose 15 cents to $3.33 a...

Warren Buffett's company has bet over $45B on the oil sector

Aug. 09, 2022 11:36 AM EDT

OMAHA, Neb. (AP) — Warren Buffett's company has bought up more than $11 billion worth of Occidental Petroleum stock this year, giving Berkshire Hathaway control of more than 20% of the oil producer. Occidental's stock jumped nearly 5% Tuesday to trade for $62.89 after Buffett...

Closing prices for crude oil, gold and other commodities

Aug. 08, 2022 15:25 PM EDT

Benchmark U.S. crude oil for September delivery rose $1.75 to $90.76 a barrel Monday. Brent crude for October delivery rose $1.73 to $96.65 a barrel. Wholesale gasoline for September delivery rose 3 cents to $2.89 a gallon. September heating oil fell 4 cents to $3.18 a gallon....

Buffett's firm reports $44B loss but its businesses thrive

Aug. 06, 2022 14:33 PM EDT

OMAHA, Neb. (AP) — Warren Buffett’s company reported a $43.76 billion loss in the second quarter as the paper value of its investments plummeted, but Berkshire Hathaway’s many operating companies generally performed well suggesting the overall economy is weathering the pressure from inflation...

Dems change some tax provisions as they ready economic bill

Aug. 06, 2022 02:58 AM EDT

WASHINGTON (AP) — Democrats pared part of their proposed minimum tax on huge corporations and made other changes in their giant economic bill, Senate Majority Leader Chuck Schumer said Friday, as they drove toward delivering a campaign-season victory to President Joe Biden on his domestic agenda....

Closing prices for crude oil, gold and other commodities

Aug. 05, 2022 15:27 PM EDT

Benchmark U.S. crude oil for September delivery rose 47 cents to $89.01 a barrel Friday. Brent crude for October delivery rose 80 cents to $94.92 a barrel. Wholesale gasoline for September delivery rose 7 cents to $2.86 a gallon. September heating oil fell 12 cents to $3.22 a gallon....

Warner Bros. Discovery Q2 results miss Wall Street's view

Aug. 05, 2022 14:03 PM EDT

Warner Bros. Discovery, which went public in April, missed Wall Street's expectations in the second quarter as the media giant looks to work through the growing pains of its merger. Warner Bros. Discovery, which is the $43 billion combination of Discovery and the AT&T spinoff...

Tesla investors approve stock split; Musk to add factories

Aug. 04, 2022 20:29 PM EDT

DETROIT (AP) — Tesla shareholders on Thursday approved a three-for-one stock split, a move that will make the company's shares more accessible to smaller investors. Preliminary results of the shareholder vote were announced at the electric car and solar panel maker's annual meeting...

DoorDash sees record orders in Q2 as it combines with Wolt

Aug. 04, 2022 19:29 PM EDT

DoorDash on Thursday said it received a record number of customer orders in the second quarter, boosted by resilient demand and its acquisition of Finnish delivery service Wolt Enterprises. DoorDash said orders grew 23% to 426 million in the April-June period, surpassing Wall...