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Earnings

Here’s why Amazon’s messy second quarter doesn’t change our outlook on the stock

August 2, 20240

Amazon shares are getting dinged on Thursday after its second-quarter sales missed expectations, despite a terrific performance from its cloud bu...

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Business

Venu, a $42.99 per month sports streamer, has a tough marketing challenge to find an audience

August 2, 20240

Actor Jon Hamm playing Don Draper in Mad Men.Michael Yarish | AMC | APCall Don Draper, Venu Sports may have a marketing problemThe Disney, Fox an...

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Finance

Fed holds rates steady and notes progress on inflation

August 1, 20240

WASHINGTON – Federal Reserve officials on Wednesday held short-term interest rates steady but indicated that inflation is getting closer to its t...

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Economy

Private payroll growth slowed to 122,000 in July, less than expected, ADP says

August 1, 20240

Private job growth slowed further in July while the pace of wage gains hit a three-year low, payrolls processing firm ADP reported Wednesday.Comp...

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Earnings

Meta shows aggressive spending on AI is already paying off in big earnings beat

August 1, 20240

Meta Platforms on Wednesday reported better than expected quarterly results, delivering revenue at the high end of guidance thanks to a roughly 2...

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Business

Carvana beats Wall Street’s second-quarter expectations, guides toward record year

August 1, 20240

In an aerial view, a sign is posted on the exterior of a Carvana car vending machine on July 19, 2023 in Daly City, California. Justin Sulli...

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