Market News

With Amazon Web Services humming and management identifying more ways to lower costs, Amazon's profitability story is still intact.

The results come as the Chevron-Hess deal is delayed until well into 2025 due to an arbitration case with ExxonMobil.

ExxonMobil on Friday posted its second highest results for the second quarter in the past decade, helped by record production in Guyana and the Permian Basin.

A summer swoon in the stock market intensified Friday after a disappointing jobs report renewed worries about slowing growth.

The industrial gas supplier continues to deliver earnings growth in an "industrial recession" over the past several quarters.

We're cutting our price target in acknowledgment that commodity prices have come down as the economy is slowing.

One of the world's most celebrated hedge-fund managers just pulled the plug on a new fund. He might have gotten a warmer welcome if the deal had been better for all.

The Omaha-based conglomerate's cash hoard is likely to exceed its previous record of $189 billion when it reports quarterly earnings Saturday.

A new study finds that, once again, large language models can outperform humans. But not in certain situations.

Income tax refund refers to the amount paid by the income tax department when the tax paid by the taxpayer is more than the actual amount due

Olympians patch together jobs and run up debt to fund their medal hopes.

Sebi's has devised a seven-point plan that includes a mixture of enforcement, education and structural changes to regulate financial influencers

The latest Sebi circular dated August 1, 2024 highlights that university funds and university-related endowments are not required to make the additional disclosures subject to compliance with certain conditions.

PNB now offers 7.25 percent on 400-day fixed deposit. On 300-day FD, the revised rate of interest is 7.05 percent.

The former president wants the U.S. to "drill, baby, drill," while Vice President Kamala Harris doesn't. But figuring out which one is more favorable to the industry is tricky.

Amazon joins Microsoft and Google in blowout capital spending with mixed business results, while Intel posted disappointing second-quarter results.

QXO, backed by Jared Kushner, lost $90 billion in market value, but the only rule broken was the Law of One Price.

Global stock markets have plunged amid fears that the US Federal Reserve has left it too late to begin cutting interest rates and risks damaging the world's largest economy.

Nintendo sold 2.1 million units of its flagship Switch consoles, down 46% from the 3.91 million units it sold in the year ago period.

The HSBC Live+ Credit Card offers features like 10% cashback on the food category, 15% discounts on dining at participating restaurants, four complimentary domestic airport lounge access, etc., making it a decent cashbac...

Not all chip firms are benefitting from the boom in artificial intelligence, earnings show, underscoring the complexities of the semiconductor supply chain.

In addition to strong overall sales and profit, Services revenue in Apple's fiscal third quarter set a new all-time high.