Stock market today: Nasdaq surges 2% as Big Tech leads rally after earnings Stellar earnings from the 'Magnificent Seven' duo have reignited optimism for a rally, but the PCE inflation print could put a spoke in the wheel. 04/26/2024 - 9:10 am | View Link
Wall Street shares lifted by rally in megacap tech stocks U.S. stocks rose on Friday, buoyed by a rally in megacap growth stocks following robust quarterly results from technology heavyweights Alphabet and Microsoft in addition to moderate inflation data. 04/26/2024 - 7:43 am | View Link
Chevron's quarterly profit beats estimates Oil giant Chevron Corp beat estimates for first-quarter profit on Friday as higher production volumes helped offset a hit from weak natural gas prices. 04/25/2024 - 10:25 pm | View Link
Microsoft quarterly profit rises 20% as tech giant pushes to get customers using AI products Microsoft has reported that its profit rose 20% for the January-March quarter as it tries to position itself as a leader in applying artificial intelligence technology to make workplaces more ... 04/25/2024 - 11:19 am | View Link
Meta Reports Quarterly Revenue of $36.5B But Stock Falls After Increased Spending on AI CEO Mark Zuckerberg said the company is trying to be the "leading AI company in the world," but cautioned that the segment would likely not make much revenue in the near-term. 04/24/2024 - 7:44 pm | View Link
Recently, President Joe Biden issued his 2025 proposed budget, the U. S. Department of the Treasury provided its “Green Book” explanations of these proposals, and House Republicans advanced a concurrent resolution for the 2025 congressional budget. It is uncertain any portion of these proposals will become bills, but they provide insight into priorities and a preview of what we will see in debates this year.
Within the proposed budget — and, therefore, the commentary within the related Green…
Tax legislation will be a hot topic for individuals and entities in the health care industry during the upcoming election. While future legislation may be unpredictable, several provisions of the Tax Cuts and Jobs Act (TCJA) will sunset on Dec. 31, 2025, unless they are extended or made permanent by legislation.
Sunoco's multibillion-dollar deal to buy pipeline operator NuStar Energy has taken a big step forward, after shareholders in the latter voted in favor of the deal.