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Earnings

We’re raising our Nvidia price target after a great quarter and rosy guidance

June 22, 20250

Nvidia shares jumped in extended trading Wednesday evening after the AI chipmaker reported better-than-expected quarterly revenue and earnings. I...

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Business

Los Angeles Lakers owners sell majority stake in the team at $10 billion valuation

June 22, 20250

Owner Jeanie Buss of the Los Angeles Lakers and Jay Mohr prior to game one of a first round NBA basketball game between the Los Angeles Lakers an...

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Finance

Why electricity prices are surging for U.S. households

June 21, 20250

Kilito Chan | Moment | Getty ImagesElectricity prices are rising quickly for U.S. households, even as overall inflation has cooled.Electricity pr...

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Economy

Inflation fears receded in May as Trump eased some tariff threats, New York Fed survey shows

June 21, 20250

Fruit and vegetables are seen at a Walmart supermarket in Houston, Texas, on May 15, 2025. Ronaldo Schemidt | Afp | Getty ImagesAmericans grew le...

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Earnings

Best Buy cuts profit outlook due to tariffs, says it already hiked some prices

June 21, 20250

Best Buy on Thursday missed quarterly revenue expectations and cut its full-year sales and profit guidance as higher tariffs increase the costs o...

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Business

Kroger’s shares rise as grocer says shoppers seek lower prices, cook more at home

June 21, 20250

Shares of Kroger rose more than 9% on Friday as the supermarket operator raised its full-year sales outlook and said it's drawing shoppers seekin...

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Finance

Fed Governor Waller says central bank could cut rates as early as July

June 20, 20250

Federal Reserve Governor Christopher Waller said Friday that he doesn't expect tariffs to boost inflation significantly so policymakers should be...

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Economy

CEO recession expectations decline from April scare, survey says

June 20, 20250

Alexander Spatari | Moment | Getty ImagesBusiness leaders are walking back recessionary expectations for the U.S. that initially spiked in the af...

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Earnings

Darden Restaurants beats earnings estimates, as Olive Garden parent predicts growth in 2026

June 20, 20250

Darden Restaurants on Friday beat Wall Street's earnings and revenue estimates, while the Olive Garden parent predicted solid growth for fiscal y...

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Business

JPMorgan Chase beefs up mobile app with bond trading as bank targets $1 trillion in assets

June 20, 20250

Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during a Bloomberg Television interview on the sidelines of the JPMorgan China ...

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