The broad based index finished the trading day up over 0.5%, securing its first all-time closing high of 2025. The Dow Jones Industrial Average ( ^DJI) popped around 0.9%, but was unable to secure its own record, while the Nasdaq Composite ( ^IXIC) recovered from earlier losses to close up about 0.2%.
GE Aerospace posts strong Q3 results, announces $7B stock buyback; shares soar. American Airlines expects a significant Q4 loss; EA cuts 2025 net bookings guidance.
Alaska Air Group ( ALK) shares climbed when the airline also topped profit and sales forecasts after it completed its acquisition of Hawaiian Airlines. While Alaska Air advanced, shares of American Airlines ( AAL) plunged as the carrier predicted its first-quarter loss would be more than expected and warned of higher costs.
US stocks were subdued at the open after this week's rallies pushed the S&P 500 to a record. Investors will eye trade clues from Trump's Davos speech.
Apology Tour” to woo back corporate accounts lost during 2023 is expected to yield fruit by the end of 2025 but will continue to cost the company in profitability, at least in the first quarter of this year as revenue growth will lag its competitors.
Wall Street was mixed in premarket trading on Thursday as major U.S. airlines stumbled and health insurance companies soared. Futures for the S&P 500 lost 0.1% before the opening bell,
WASHINGTON (AP) — The price of bitcoin topped $100,000 again early Friday as a pumped up cryptocurrency industry expects early action by Donald Trump when he’s sworn in as president next week.
Netflix bought back $1.7bn of stock in the first quarter, to take the total in 2024 to $5.3bn with the final quarter to come, compared to 2023’s total of $6bn. US airline stocks took off after United Airlines posted a third quarter earnings beat in October.
U.S. stocks are drifting around a record on Thursday amid a relatively quiet day on Wall Street. The S&P 500 was 0.1% higher in midday trading and on track to squeak past its all-time high set early last month after coming close the day before.
At the World Economic Forum in Davos, industry leaders debated Bitcoin’s role as a reserve asset, the memecoin frenzy and crypto’s future amid Trump’s return to the Oval Office.
President Trump's administration promises pro-crypto regulations, favorable taxation, and strategic Bitcoin reserves, signaling potential growth. Read more here.
The price of Bitcoin surged by more than 6% in minutes to a new high ahead of Donald Trump’s inauguration as president of the United States. Bitcoin (BTC) briefly surged above $109,000 on Jan ...