The company reported adjusted earnings of $0.57 per share for the quarter ended March 31, while analysts expected it to post earnings of $0.39 per share.
Rep. Maxine Waters (D-Calif.), a key Democrat and ranking member of the House Financial Services Committee, reportedly plans to walk out of a joint hearing on cryptocurrency policy scheduled for Tuesday.
Billionaire investor Bill Ackman believes inflation has largely been "wrung out of the economy" and predicts global economic conflicts could resolve within six to nine months, while advocating for a temporary pause on China tariffs to protect U.S. businesses.
OpenAI, led by Sam Altman, has decided to retain nonprofit control over its for-profit operations, scaling back its transition to a public benefit corporation amid legal pressure and investor demands.
Mark Zuckerberg has surpassed Jeff Bezos to become the world's second-richest person, with a net worth of $212 billion, following a surge in Meta's stock price.
When a recession hits the vast majority of stocks will become correlated to varying degrees. Owning the entire S&P 500 doesn’t give you certainty during a bear market even though the index is extremely diverse.
The company’s Q1 revenue missed expectations, but the company raised its 2025 revenue guidance, reflecting optimism about growth drivers like cystic fibrosis treatments and its expanding pipeline.
According to Morgan Stanley's Matt Wilson, the 5,750-5,800 area — the convergence of the 200-day and 100-day moving averages — is the most critical technical test for the S&P 500 Index.
The pharma company saw a surge in retail sentiment following its Q1 update, which reaffirmed its 2025 revenue guidance of $900 million to $950 million.
The company projected 2025 oil production between 480,000 and 495,000 barrels of oil equivalent per day, a reduction of 1% at midpoint from its prior forecast.
Volatility in the first quarter increased dramatically ahead of President Trump’s highly anticipated tariff plan. That volatility accelerated at the start of the second quarter, as tariff announcements were significantly worse than expected.
