U.S. stock market: Is it a bull, a bear, or a bull in a bear?

investing.com By Noel Randewich -The U.S. stock market's rebound in recent weeks has analysts and investors questioning whether 2022's deep downturn has ended, but how to spot an expiring bear market or a new bull market is not...

Illumina Shares Plunge 22% on Q2 Miss & Disappointing Guidance

investing.com Illumina shares plummeted 22% after-hours following the company’s reported Q2 results, with EPS of $0.57 coming in worse than the consensus estimate of $0.64. Revenue grew 3% year-over-year (up 5% on a constant...

Argentina to give tax, customs benefits to oil companies

investing.com BUENOS AIRES - Argentina is planning to give tax and customs benefits to oil companies so they can boost production, the country's new economy "superminister" said on Thursday. The move comes as the country seeks to...

Trump social media deal can't close on time, needs extension, buyer says

investing.com - Digital World Acquisition Corp, the blank-check company taking former U.S. President Donald Trump's Truth Social app public, on Friday announced a special meeting of shareholders to approve an extension to the...

California appeals court rules no arbitration in Cisco caste bias case

investing.com By Paresh Dave OAKLAND, Calif. - Cisco Systems Inc (NASDAQ:CSCO) on Friday lost a court appeal to move to private arbitration a case over alleged caste discrimination in its Silicon Valley offices, where managers of...

Stock Market Today: Dow Rises on Energy, Banks Boost After Blowout Jobs Dent Tech

investing.com By Yasin Ebrahim Investing.com -- The Dow racked up gains late into the close to end higher Friday, on a jump in banking and energy stocks, but surging Treasury yields following a blowout jobs report weighed on tech...

Western Digital Outlook 'Uglier Than Expected'

investing.com By Sam Boughedda Western Digital shares hit a low of $45.04 on Friday after the company posted fiscal fourth-quarter earnings missing revenue expectations. The computer hard disk drive manufacturer reported earnings...

Quest to Cut Prescription Drug Prices Puts Insulin in Spotlight

investing.com By Liz Moyer Investing.com -- Lawmakers are once again trying to get caps on prescription drug pricing across the finish line, and that puts insulin in the spotlight. The market for insulin is small but about to get...

Nio Incorporates Mobile Tech Subsidiary

investing.com William Li, Nio’s co-founder and CEO, told Nio users on July 28 that the company would develop and launch a new smartphone for its vehicle owners every year. According to data provider Qichacha, Nio incorporated its...

U.S. Congress office sees few tax breaks for EVs under Democratic plan

investing.com By David Shepardson and Joseph White - A proposal by U.S. Senate Democrats to put income, price and domestic content conditions on electric vehicle tax breaks could initially sharply curtail the number of EVs that...

Green Thumb's quarterly cannabis sales get New Jersey high

investing.com By Rithika Krishna - Green Thumb Industries (OTC:GTBIF) Inc posted a more than 14% rise in second-quarter revenue on Wednesday, driven by healthy retail sales in New Jersey and Illinois. New Jersey doled out...

eBay beats quarterly revenue estimates

investing.com -EBay Inc surpassed Wall Street estimates for second-quarter revenue on Wednesday as online shopping held steady in the face of rising inflation, sending shares up 4%. Online retailers such as eBay (NASDAQ:EBAY) are...

Under Armour Shares Gain Despite Lowering Profit Outlook

investing.com By Sam Boughedda Under Armour (NYSE:UA) shares rose over 2% Wednesday after the company reported earnings, despite profit being in-line and revenue missing expectations. The sports equipment company reported EPS of...

Booking Earnings Beat, Revenue Misses In Q2

investing.com Investing.com - Booking reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations. Booking announced earnings per share of $19.08 on revenue of $4.29B....

HSBC gears up to meet Hong Kong investors after pushing back break-up call

investing.com By Selena Li and Anshuman Daga SINGAPORE - Bosses of HSBC will meet retail investors on Tuesday in Hong Kong, the biggest market for Europe's largest lender, as they seek to convince shareholders that their strategy...