The Bureau of Labor Statistics reported that the Consumer Price Index climbed 3.4% in April from year-ago levels—a tick down ...
U.S. housing starts recovered last month, offering a ray of hope for the home-building sector. Here are the main takeaways from the Commerce Department's report released Thursday. --Housing starts, a ...
Stock futures were rising on Thursday, a day after the three major indexes closed at record highs following data that showed an easing of inflation. Up ahead, investors will eye results from Walmart ...
Chinese search-engine giant Baidu reported a drop in quarterly profit but delivered top and bottom line beats, helped by online marketing revenue and AI cloud sales. The Beijing-based company said ...
Chinese e-commerce giant JD.com posted a rise in quarterly profit, beating estimates as its core businesses grew despite fierce competition with peers such as Alibaba and PDD. The Beijing-based ...
Siemens agreed to sell its Innomotics large motors business to private-equity firm KPS Capital Partners for 3.5 billion euros ($3.81 billion), including debt, the latest move by the German industrial ...
Stock futures were tracking higher on renewed rate cut hopes following soft U.S. inflation data. In Asia, stock benchmarks rose; Treasury yields fell; the dollar edged lower; while oil gained and gold ...
Shares of Chinese property developers surged on rising expectations that government entities in China are moving to help buy up excess housing in a bid to revive the struggling real-estate sector. The ...
Tencent's shares rose as investors cheered its better-than-expected earnings and looked forward to a promising second quarter that is poised to show a rebound in the gaming segment. Shares of the ...
Southeast Asian ride-hailing and delivery specialist Grab Holdings raised its full-year forecast for a key profitability metric, citing cost-cutting efforts and expansion in its core businesses that ...
We are raising our fair value estimate for Amazon AMZN to $193 per share from $185 after the firm reported good first-quarter results. The company’s second-quarter outlook was shy of our ...
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