(Reuters) -Dow said on Thursday it will lay off 1,500 employees as part of its $1 billion cost savings plan due to lackluster demand and margin pressures, causing its shares to drop 6.3% in morning ...
Dow said on Thursday it will lay off 1,500 employees as part of its $1 billion cost savings plan due to lackluster demand and margin pressures, causing its shares to drop 6.3% in morning trade.
Stock futures are mixed Thursday morning as investors react to a barrage of earnings reports from major companies and important economic indicators.
Dow Jones futures fell Thursday ahead of weekly jobless claims. Meta and Tesla stock rallied on fourth-quarter earnings.
The fund fared better than its S&P 500 Utilities Index benchmark in the fourth quarter. Favorable stock selection and ...
IBM projected constant currency revenue to grow 5% in the full year, above estimates for 4.81% growth. Meanwhile, the company ...
Stocks closed lower Wednesday after the Federal Reserve left its key interest rate unchanged amid persistent inflation, as investors prepared for a slew of earnings reports from major technology ...
He cited inflation running above the Fed's 2% target, the expanding economy and a "solid" U.S. labor market. Before cutting rates again, the central bank may need to see "a couple months of some ...
Investors are widely expecting the Fed to hold its benchmark interest rate at the current level again, extending a pause in its rate-cutting cycle as markets keep a watchful eye out for whether ...
U.S. stocks finished higher on Tuesday, as the S&P 500 and the Nasdaq Composite recovered most of their losses from the previous session after the sudden rise of Chinese AI startup DeepSeek sent ...
SThree posted a decline in full-year net fees and said it expects the current challenging market conditions to continue hurting business activity through 2025.
Professional and everyday investors have rallied around a plethora of catalysts, including the rise of artificial ...