The Latest Breaking News on Business

Tech stocks erased more than $700 billion in market value Thursday as rising skepticism over Fed rate cuts and looming energy bottlenecks in the AI sector triggered a sharp flight from risk.

Most Americans (91%) plan to do some holiday shopping this year, according to an Insurify survey. But like every holiday season, there are financial risks, such as overspending, taking on debt and...

Despite Stryker’s underperformance relative to the broader market over the past 52 weeks, Wall Street analysts maintain a moderately optimistic outlook about the stock’s prospects.

Shoppers are clearly interested in the Lightning. But Ford hasn't been able to get them to buy, for one major reason.

Supermicro appears to be entering a promising phase of growth, supported by its strong position in the rapidly expanding AI hardware market.

While Allstate Corporation has underperformed relative to the broader market over the past year, Wall Street analysts remain moderately optimistic about the stock’s prospects.

The U.S. ETF market’s fastest-changing battleground isn’t at the top or bottom of the fee spectrum-it’s in the middle. That’s according to CFRA’s latest thematic research report. And the middle-cost range —defined as ETFs with expense ratios between 0.26% and 0.75% —is where the real disruption is happening.

A K-shaped U.S. economy—where wealth continues to concentrate at the top while the bottom half struggles—is leaving its mark on American businesses, with luxury and high-end discretionary spending rebounding even as mass-market consumption weakens and consumer sentiment plummets to recessionary levels.

Cisco Systems, Inc. (NASDAQ:CSCO) shares are trading higher Thursday after the company reported strong first quarter earnings and issued upbeat guidance.

As State Street has outperformed the broader market over the past year, Wall Street analysts maintain a moderately optimistic outlook about the stock’s prospects.

As Lennar has lagged behind the broader market over the past year, Wall Street analysts maintain a cautious outlook about the stock’s prospects.