Ford Motor Co. reports second-quarter earnings after the bell on Thursday, and it has a tough act to follow.
Dow Jones Newswires: Shell launches $3 billion buyback as earnings slide to $5.1 billion
Shell said Thursday that second-quarter earnings fell, and launched a $3 billion share buyback program.
: Mastercard moves to stop cannabis purchases with its debit cards
Mastercard Inc. has demanded that U.S. financial institutions block cannabis purchases on its debit cards, in another setback for the legal marijuana industry.
Dow Jones Newswires: Samsung manages to beat on earnings despite 84% drop in Q2 net profit
Samsung Electronics posted above-consensus quarterly earnings despite an 84% drop in net profit for the second quarter, as the South Korean tech giant sees the memory-chip industry passing through a trough.
: As mortgage rates hit 7%, what rate would convince homeowners to sell — and jump-start house sales?
More bad news for the would-be homebuyers after the U.S. Federal Reserve raised the benchmark rate by 25 basis points on Wednesday.
What’s Worth Streaming: Everything coming to Netflix in August 2023 — and what’s leaving
Get ready for a new season of ‘Heartstopper,’ more ‘Lincoln Lawyer,’ all seasons of ‘Ugly Betty’ and much more.
: Want 5% yields? After Fed hike, it may be time to ditch high-yield savings accounts for money-market funds.
The Fed boosted the benchmark rate by 25 basis points on Wednesday. Here’s what that means for savers.
Earnings Results: Meta’s stock jumps after AI, ad momentum drive earnings, revenue jump
Facebook parent Meta Platforms Inc. is raking in digital ads, as its earnings attest, and Wall Street is rewarding it. The company’s stock initially is up more than 7% in after-hours trading Wednesday.
Market Extra: How investors can ‘get paid to wait,’ after Fed raises rates to highest level in 22 years
Expect more volatility in stocks in the coming months, says James McCann, deputy chief economist at abrdn, after the Federal Reserve on Wednesday bumped up rates to a 5.25%-5.5% range and left door open to future rate hikes.
Earnings Results: Lam Research CEO: AI servers are ‘fundamental’ to driving growth in next several years
Lam Research shares rose in the extended session Wednesday after the silicon-foundry equipment supplier’s results and forecast came in better than expected.
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