Attendees walk by the Abbott booth during CES 2024 at the Las Vegas Convention Center on January 10, 2024 in Las Vegas, Nevada. Ethan Miller | Getty Images Medical device maker Abbott Laboratories on Wednesday delivered better-than-expected quarterly results and upped its earnings guidance for the third straight quarter. Shares rose more than 1%, shaking…
Published Wed, Oct 16 202411:24 AM EDTUpdated 57 Min Ago Zev Fima@zevfima Bing Guan | Bloomberg | Getty Images Morgan Stanley shares soared to all-time highs Wednesday after third-quarter beats on the bank’s top and bottom lines, with strength seen across the board. More In Analysis Embattled Abbott Labs comes through with a strong quarter,…
Published Wed, Oct 16 20246:00 AM EDTUpdated An Hour Ago Morgan Chittum@morgan_chittum Traders work on the floor of the New York Stock Exchange. Angela Weiss | AFP | Getty Images It’s been a stellar month for the U.S. stock market, driven largely by easing monetary policy. More In Monthly Meeting Cramer: I wouldn’t boot any…
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Apple CEO Tim Cook inspects the new iPhone 16 during an Apple special event at Apple headquarters on September 09, 2024 in Cupertino, California. Justin Sullivan | Getty Images Apple is back. Shares hit an all-time high Tuesday despite a chorus of recent concerns from Wall Street analysts about demand for the new artificial intelligence-enabled…
Omar Marques | Lightrocket | Getty Images UnitedHealth Group provided a 2025 profit forecast below Wall Street estimates on Tuesday, saying it expects pressure across its government-supported health insurance businesses, and its shares fell 9%. The largest U.S. health insurer forecast a profit of as much as $30 per share. That upper end was below…
The Citibank building in Canada Square at the heart of Canary Wharf financial district in London on May 7, 2024. Mike Kemp | In Pictures | Getty Images Citigroup is set to report its third-quarter earnings before the opening bell on Tuesday, as investors will get the latest updates about the progress of CEO Jane…
Shares of Swedish telecom firm Ericsson jumped amid third-quarter core earnings that surpassed analyst expectations and growth in North American demand. The company’s stock had edged up near 9% at 8:28 a.m. London time, before lightly paring gains to 7.6% at 9:52 a.m. Ericsson on Tuesday declared adjusted third-quarter earnings, excluding impairments, of 7.327 billion…
Tim Cook, chief executive officer of Apple Inc., greets customers during the first day of in-store sales of Apple’s latest products at Apple’s Fifth Avenue store in New York, US, on Friday, Sept. 20, 2024. Victor J. Blue | Bloomberg | Getty Images Apple stock jumped Monday after a Wall Street firm touted the iPhone…
Published Mon, Oct 14 202412:37 PM EDTUpdated 4 Min Ago Morgan Chittum@morgan_chittum Wells Fargo bank signage is seen on Broadway on April 12, 2024 in New York City. Michael M. Santiago | Getty Images Wells Fargo stock hit new multi-year highs on Monday after Wall Street analysts praised the bank’s third-quarter earnings report. More In…
