Even if oil prices have fallen from their year-highs, investors in the energy sector have not yet factored in the possibility of a global economic slump....
Oil prices plummeted this week, falling to ten-month lows on Monday amid concerns about declining demand. Despite a decline in oil inventories reported by the U.S....
Collapsed cryptocurrency exchange FTX and its affiliates owe more than $3 billion to its 50 biggest creditors, it said in a court filing Saturday. FTX filed...
For the second quarter, Alphabet, the parent company of Google, earnings and revenue were lower than anticipated. From growth of 62 percent a year earlier, when...
Shares of Best Buy climbed on Tuesday after the retailer beat expectations in the third quarter and maintained a positive outlook for holiday sales. The company...
In response to strong luxury sales that helped the department store operator’s third quarter and the arrival of new holiday inventory, Macy’s increased its earnings prediction...
Target’s profit decreased by over 50% in the third quarter of its fiscal year as it sold off excess inventory and saw a slowdown in sales...
Twitter CEO Elon Musk revealed Sunday that the social media platform has been “in the fast lane to bankruptcy in May.” Musk made the comment in...
Elon Musk this week fired multiple Twitter engineers this week, at least one of whom publicly criticized him on the social network. Per reports, others were...
Disney is implementing a hiring freeze and cutting costs, according to a memo from CEO Bob Chapek to executives. According to the memo obtained by CNBC,...