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Markets
Morgan Stanley’s profit jumps as investment banking recovers
Morgan Stanley's profit rose in the second quarter as investment banking activity rebounded on strength…
Walmart beats Wall Street expectations as it offers more grocery discounts
Walmart, the largest retailer and private employer in the U.S., reported another strong quarter, surpassing…
Modelo and Corona parent company says weak wine demand could impact earnings
Constellation Brands has been seeing soft demand in its wine and spirits segment — and…
Boing faces a strike of about 32,000 workers
Aerospace giant Boeing is facing a new challenge in the form of a potential strike…
Ford recalls over 90K vehicles in response to risk of engine intake valve breaking
A recall of roughly 90,700 Ford and Lincoln vehicles is underway. The Michigan-based automaker said…
Dollar General stock slides as earnings show soft consumer demand
Dollar General stock plunged 27% on Thursday after the company released second-quarter financial results that…
Custodia Bank laying off employees as Biden admin’s crypto crackdown weighs on digital asset industry
The Biden administration’s regulatory crackdown on cryptocurrency has caused a significant restructuring at a small, but high-profile…
Dow record, Buffett’s $1 trillion win and Boar’s Head’s crisis
U.S. stocks ended the week mixed and the month with healthy gains as investors headed…
Lawyers who sued to void Musk’s Tesla pay plan unlikely to get ‘windfall’ fees
The team of lawyers who sued to void Tesla CEO Elon Musk's $56 billion pay…
Nvidia’s earnings beat Wall Street’s estimates as AI momentum continues
Artificial intelligence giant Nvidia released its latest second-quarter earnings report on Wednesday, which beat analysts'…
Red Lobster bankruptcy forces CEO switch
The group seeking court approval to purchase Red Lobster has selected former P.F. Chang's CEO…
Nvidia sales likely doubled, but it may not impress investors
Nvidia is likely to report on Wednesday that its second-quarter revenue more than doubled. But…
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