Company News

Follow the companies making headlines and moving markets here.
Nvidia logo on the facade of office building.
Nvidia Nears $1 Trillion In Market Capitalization
The Internal Revenue Service (IRS) building stands on April 15, 2019 in Washington, DC.
Accenture Wins Spot on $2.6 Billion Agreement To Modernize IRS Systems
Nvidia
Nvidia Shares Leap 20% on Record Data Center Revenue
Intuit
Intuit Shares Sink as Tax Season Revenue Falls Short
Abercrombie & Fitch
Abercrombie & Fitch Posts an Unexpected Profit, Raises Outlook
Kohl's Store
Kohl's Reports Unexpected Quarterly Profit
The Reyes family wait to receive baby formula in a Walmart Supercenter on July 08, 2022 in Houston, Texas.
FTC Investigates Abbott For Alleged Collusion in Federal Baby Formula Contract Bids
A general view of Deutsche Bank on September 5, 2011 in London, England.
Deutsche Bank and Citigroup Admit to Anticompetitive Practices
Netflix menu
Netflix Cracks Down on Account Sharing Between Households
Costco Food Aisle
Rising Memberships Could Help Costco Offset a Spending Slowdown
The Lordstown Endurance, a full-size, all-electric pickup truck, drives on a dirt road.
Lordstown's Reverse Stock Split Aimed at Saving Nasdaq Listing, Foxconn Deal
META
Meta Sells Giphy To Shutterstock For $53 Million In UK Regulator Ordered Sale
Yelp sticker
Activist Investor Demands Yelp Board Act to Boost Stock Price
CFPB Director Rohit Chopra
Citizens Bank to Pay $9 Million Penalty in Settlement with CFPB
Braodcom sigm
What Apple’s New Chip Deal Means for Broadcom
In this photo illustration, the download page for the TikTok app is displayed on an Apple iPhone on August 7, 2020 in Washington, DC.
TikTok Sues Montana, Says Ban Violates First Amendment
PacWest Bank
PacWest Sells Construction Loans to Raise Cash
Pfizer
Pfizer Shares Rise After Study Shows Its Diabetes Drug Helped Patients Lose Weight
JP Morgan Chase bank branch
Do People Still Go To The Bank? Yes, Says JPMorgan As It Plans Branch Expansion
 Ford CEO Jim Farley pats a Ford F-150 Lightning truck before announcing at a press conference that Ford Motor Company will be partnering with the world's largest battery company, a China-based company called Contemporary Amperex Technology, to create an electric-vehicle battery plant in Marshall, Michigan, on February 13, 2023 in Romulus, Michigan.
Ford Rolls Out Lithium Deals With Sights Set on EV Production
Chevron Gas Station
Chevron to Acquire PDC Energy for $6.3 Billion
Home with a sold and home for sale sign
Large Investors Slowed Home Purchases by Late 2022
Anti-Facebook Demonstration at EC Headquarters, 2018
Facebook's $1.3 Billion Fine is One of the Largest Levied by EU Against Big Tech
James Gorman, Jamie Dimon, Brian Moynihan and Michael Corbat at House Hearing on Financial Crisis
Morgan Stanley CEO Stepping Down, Among Last From Era of Great Financial Crisis
Catalent
Catalent Shares Climb After Positive Comments About the Firm's Business
Foot Locker Store
Foot Locker's Profit and Sales Miss Estimates, and the Retailer Cuts its Outlook
Walmart Store
Walmart Boosts Its Outlook as Profit and Sales Rise
American Airlines Boeing 737 aircraft wing tip with Logo.
American Airlines Recovery May Have Stalled in Q1
Grand Theft Auto V on sale in 2013
Take-Two Interactive Shares Soar on Upbeat Earnings, Demand Forecast
Pile of boxes in Amazon warehouse in India.
Amazon Cloud Unit to Invest $12.7 Billion in India by 2030
Charles Schwab Office
Charles Schwab to Raise $2.5 Billion Via Bond Sales
Target store
Target's Profit and Revenue Rise Despite Inflation Impact
Samuel Altman, CEO of OpenAI, appears for testimony before the Senate Judiciary Subcommittee on Privacy, Technology, and the Law May 16, 2023 in Washington, DC.
OpenAI to Update ChatGPT With Internet Access
Home Depot
Home Depot Reports Biggest Quarterly Sales Miss In Over 20 Years
Oil pipline
ONEOK Buys Magellan for $18.8 Billion to Add Oil, Refined Products
Advocates gather in Washington, DC to call out tax prep companies like Intuit TurboTax and H&R Block for blocking simplified filing and to support Internal Revenue Service (IRS) exploration of alternative free tax filing on April 17, 2023 in Washington, DC.
H&R Block Shares Sink as IRS Considers Offering Free Tax Filing Service
Tesla CEO Elon Musk (C) is surrounded by security as he leaves the Phillip Burton Federal Building on January 24, 2023 in San Francisco, California.
What To Expect From Tesla's Annual Shareholder Meet
European Commission (EC) Headquarters
EU Clears Microsoft’s $69 Billion Takeover of Activision Blizzard With Caveats
Gold Mine in Western Australia
Newmont Acquires Newcrest, Creating World’s Biggest Gold Mining Company
Solar
First Solar Shares Soar on Purchase of Swedish Solar Tech Firm
Peloton
Peloton Shares Drop on Bike Recall
Robinhood
Robinhood Shares Gain Ahead of 24-Hour Trading Launch
Pacific Western Bank
PacWest Shares Tumble 25% Amid Deposit Outflows
Mickey Mouse at DisneyWorld parade
Disney Shares Fall After Reporting Loss of 4M Streaming Subscribers
Roblox
Roblox Revenue, Users Jump
Person trimming a marijuana plant on a cannabis farm
Top Cannabis Stocks for May 2023
Blockchain concept of a transparent cube with encryption data code and network.
Microsoft, Goldman, Cboe Team Up For Blockchain For Institutional Crypto Assets
Apple logo store
Apple Threatens To Take a Bite Out of Regional Banks
Vehicles are seen on a display at a Carvana dealership
Carvana Shares Jump on Smaller Loss, Outlook
First Republic Bank
Emergency Bank Lending Falls After First Republic Takeover
BAND-AID bandages are displayed on a table
Kenvue Shares Jump on First Day of Trading
Paramount Pictures President, Domestic Distribution, Chris Aronson speaks during the Paramount Pictures presentation during CinemaCon
Paramount Global Misses Estimates and Cuts Its Dividend
Skyscrapers as the sun rises
PacWest's Shares Plummet as It Considers Possible Sale
First Republic Bank branch
JPMorgan's First Republic Buy Is Eerily Similar To Its 2008 Bear Stearns Purchase
Close-up of an Uber sticker on the side of a car
Uber Shares Jump as Revenue Takes Off
Chegg.com
Chegg Shares Plunge After Company Warns That ChatGPT Is Impacting Growth
Carl Icahn
Icahn Enterprises Shares Drop More Than 15% on Hindenburg Short Play
An aerial view shows pumpjacks in the South Belridge Oil Field.
Lower Oil Prices Could Slash Marathon Oil's Q1 Profit
The Lordstown Endurance, a full-size, all-electric pickup truck, drives on a dirt road.
Lordstown Warns of Bankruptcy Without New Funding
JP Morgan Chase was hacked
JPMorgan To Pay FDIC $10.6 Billion For First Republic, This is What It Gets