Key Takeaways Meta will report earnings after the market closes Wednesday, with investors watching whether the social media giant’s stock can keep up its strong performance so far this year. Analysts expect revenue and earnings growth, benefitting in part from AI-driven advertising optimization. The Street is overwhelmingly bullish on Meta stock, with most analysts tracked […]

Sebastien Bozon | AFP | Getty Images With massive corporations including Alphabet, Meta, Apple, Microsoft and Amazon set to report earnings next week, CNBC’s Jim Cramer on Friday urged investors to keep a level head. He also said not to forget about the nonfarm payroll report next Friday, where a weak hiring result could urge

This isn’t the way either Tapestry Inc. or Capri Holdings expected their $8.5 billion engagement to end. But now that the breakup has come — after a preliminary and all-but-final injunction from a Manhattan federal judge — experts said Tapestry is able to move on, keep building on its successful Coach business, and maybe even

(Bloomberg) — Of all the legal actions taken against cryptocurrency companies by US regulators and prosecutors over the past year, arguably none threatens to shake up the digital-asset industry as much as a potential crackdown on Tether Holdings Ltd. Most Read from Bloomberg Tether is the issuer of a namesake token known as USDT, designed

Delta Air Lines planes are seen at John F. Kennedy International Airport on the July 4th weekend in Queens, New York City, U.S., July 2, 2022.  Andrew Kelly | Reuters Delta Air Lines on Friday filed a lawsuit against CrowdStrike in Georgia, accusing the security software vendor of breach of contract and negligence after an

Key Takeaways Starbucks reports fourth-quarter earnings after the market closes Wednesday, a week after it posted disappointing preliminary results and suspended its fiscal 2025 outlook. The company said suspending guidance would give it time to evaluate its business under new CEO Brian Niccol. Wednesday’s report will be Niccol’s first at the helm of the coffee

It’s a battle between a big stock market winner and a potential turnaround opportunity. It’s a matchup between the world’s largest retailer and its smaller discount store rival. In one corner, Walmart (WMT -0.64%) stock is having a banner year, up 54% amid a string of better-than-expected results. On the other side, Dollar General (DG

Electric truck maker Nikola (NASDAQ: NKLA) continues to work to grow its business, and it announced some new progress this week. That led to a jump in the stock price. As of early Friday morning, Nikola shares were 10.5% above last Friday’s closing price, according to data provided by S&P Global Market Intelligence. However, that

A nearly $90 million ruling this week against Apple and Goldman Sachs — who together brought the Apple Card to market in 2019 — is the latest chapter in a dramatic breakup reportedly brewing between the two companies. The Consumer Financial Protection Bureau has ordered the tech giant and the bank to pay more than

The cooling towers of a nuclear power plantWlad74/Getty Images Tech giants like Amazon and Microsoft are striking nuclear power deals for their AI data centers. The nuclear power resurgence is driven by clean energy demand and AI’s soaring power needs. These nuclear-focused stocks have soared this year amid an ongoing nuclear renaissance. The nuclear power