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Keywords: Wall Street
Shares of American Airlines Group Inc. took a severe beating on Wall Street on Thursday, falling nearly eight percent to close at $13.62 after the carrier cut its full-year profit outlook for the second time this year. The sharp market reaction underscores the growing strain that elevated jet fuel prices......
Shares of two of the world's most closely watched technology companies, Alphabet and Tesla, came under heavy pressure on Thursday as investors reacted sharply to their latest quarterly results and outlooks. Alphabet, the parent company of Google, suffered a significant decline at the start of trading,......
Biotechnology giant Amgen has agreed to a $74 million settlement in a shareholder lawsuit alleging that the company delayed disclosing a potential $10.7 billion tax liability linked to claims of underreported taxes. The proposed settlement, filed in a federal court in Manhattan, still requires approval......
US industrial conglomerate 3M has raised its full-year profit forecast, citing stronger-than-expected performance in its core industrial activities, ongoing cost-control efforts and pricing strategies that have helped protect margins in a challenging economic environment. The company announced Tuesday......
Once considered one of Wall Street’s biggest success stories in digital finance, PayPal is now facing a very different reality: a potential acquisition attempt after years of market pressure and intensifying competition in the payments industry. The company, long associated with the rise of online......
Trump Media & Technology Group is reportedly exploring a premium subscription service that would provide financial institutions with early access to President Donald Trump's posts on the Truth Social platform, reflecting the growing value of real-time information in global financial markets. According......
Netflix faced a sharp decline in its share price after releasing its second-quarter 2026 financial results, despite reporting higher profits and continued revenue growth. Investors responded cautiously as the company's sales expanded at a slower pace than expected, raising concerns about future growth......
Shares of Intuitive Surgical declined sharply in premarket trading after the robotic surgery leader warned that changes in health insurance coverage could slow demand for elective medical procedures. Although the company reaffirmed its global outlook for procedure growth, investors reacted cautiously......
Global equity markets came under renewed pressure as investors accelerated selling across the semiconductor sector, reflecting growing concerns that soaring investments in artificial intelligence may take longer than expected to generate sustainable financial returns. Technology shares led the downturn......