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Robinhood reports second-quarter earnings beat with revenue climbing 45%
Robinhood was excluded from the S&P 500 last month, a move that surprised some investors as rival fintech Block was added.
Industry 07-30
U.S. economy grew at a 3% rate in Q2, a better-than-expected pace even as Trump's tariffs hit
Gross domestic product was expected to grow at a 2.3% annualized pace in the second quarter, according to the consensus estimate.
Industry 07-30
Private company hiring bounced back with a 104,000 increase in July, ADP says
Payrolls rose by a seasonally adjusted 104,000 for the month, reversing a loss of 23,000 in June.
Industry 07-30
Divided Fed holds key interest rate steady, defying Trump's demands for aggressive cuts
A divided Federal Reserve on Wednesday voted to keep its benchmark interest rate steady, with two top officials dissenting.
Industry 07-30
Companies from Stanley Black & Decker to Conagra are saying tariffs will cost them hundreds of millions
Businesses in a range of industries have raced to figure out how to handle rising costs in the middle of a shakeup in global trade policy.
Industry 07-30
Fed meeting live updates: Traders wait to see how many central bank members go against Powell
The central bank is expected to keep its target rate at a range of 4.25% to 4.5%, but traders want to see whether any Fed governors go against the decision.
Industry 07-30
Microsoft's stock pops 7% on earnings beat as Azure annual revenue tops $75 billion
For the first time, Microsoft disclosed a dollar figure for its Azure cloud business.
Industry 07-30
Microsoft set to report earnings after the close
Investors will be paying close attention to Microsoft’s capital spending and cloud revenue growth.
Industry 07-30
Meta slated to reported second-quarter earnings after the bell
Meta will report its second-quarter earnings after the bell.
Industry 07-30
Apartment rents drop in July as vacancies move to multi-year high
Apartment vacancies are still rising due to a glut of new apartments hitting the market in the past few years. Rents are down from a year ago.
Industry 07-30
Euro zone economy ekes out better-than-expected 0.1% growth in second quarter
Attention has focused on how tariffs may impact Europe's economies.
Industry 07-30
Euro zone economy ekes out better-than-expected 0.1% growth in second quarter
Attention has focused on how tariffs may impact Europe's economies.
Industry 07-30
German economy contracts by 0.1% in second quarter
Attention has focused on how tariffs may impact Europe's economies.
Industry 07-30
Zuckerberg shares AI personal superintelligence' vision after spending billions on top talent
Meta reports second-quarter earnings on Wednesday, so Zuckerberg’s letter gives investors a glimpse into his AI strategy.
Industry 07-30
Wall Street sees Starbucks comeback taking hold, even after another lackluster quarter
Starbucks executives told analysts that traffic improved sequentially every month of the quarter.
Industry 07-30
At 10 years old, Ethereum's future is brighter than ever despite recent setbacks
It’s been a decade since Ethereum’s inception, and although its native ether token has largely struggled for the last half of it, its future looks…
Industry 07-30
iPhone maker Foxconn joins $1 trillion AI data center market with new alliance
Foxconn said it will take a 10% stake in TECO as part of a share swap and will focus on building data centers around the world, including the U.S.
Industry 07-30
Architecture firms report decline in billings for commercial real estate
The AIA/Deltek Architecture Billings Index (ABI) remained in negative territory in June with a score of 46.8, down from 47.2 in May.
Industry 07-30
Here's how companies like Kohl's and Krispy Kreme got caught in the meme stock frenzy
Kohl’s was amongst a new wave of meme stocks that surged from traders taking advantage of cheap share prices and heavy short positions.
Industry 07-30
Why it appears Washington is becoming friendlier toward crypto ETFs under Trump
Capitol Hill is becoming more receptive to market innovations including ETFs and cryptocurrency, according to two investment experts.
Industry 07-30
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