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The S&P 500 added 0.4% on Tuesday, June 25, 2024, as a tech rebound helped the benchmark index notch its first daily gain since its record close a week ago.Shares of cruise operators soared after Carnival Corp. announced an unexpected quarterly profit, boosted by higher ticket prices and increased onboard …

The number of Americans who fear a recession decreased from last year to 55%, a new report from Allianz Life showed.Economists now forecast a much lower probability of recession and the Federal Reserve is working to temper inflation while keeping unemployment low.The report also showed that confidence in the economy …

FedEx reported stronger-than-expected fourth-quarter earnings, sending the stock more than 14% higher in extended trading Tuesday.The company’s revenue grew slightly from the year-ago period and came in ahead of expectations. Net income declined on a year-over-year basis, but beat estimates.FedEx CEO Raj Subramaniam said the results reflect the company’s initiatives …

U.S. equities were mixed at midday Tuesday, June 25, 2024 as tech stocks advanced and a report showed consumer confidence fell, though not as much as economists anticipated. Cruise stocks jumped after Carnival reported a surprise profit on higher prices for tickets and more spending by passengers onboard its ships.SolarEdge …

The healthcare sector includes companies that produce medical goods, such as drugs and medical devices, and companies that furnish medical services, such as health insurance or hospital administration. Here are the 10 biggest companies in the healthcare field based on trailing 12-month (TTM) revenue as of June 20, 2024. This …

Nvidia will hold its annual shareholder meeting on Wednesday.Stockholders will vote on company executives’ compensation plans, including that of CEO Jensen Huang, who reportedly earned more than $34 million in total compensation for fiscal 2024.Investors will vote on 12 board directors up for re-election and whether to ratify PwC as …

IBM got a “buy” rating from Goldman Sachs analysts, who cited the technology giant’s moves to boost long-term growth.The analysts pointed to IBM’s gains in infrastructure software, artificial intelligence (AI), and consulting.They suggested IBM could stand to gain market share as its investments in AI bear fruit, among other things. …

The S&P 500 fell 0.3% on Monday, June 24, 2024, opening a week that will feature key economic reports including the Federal Reserve’s preferred gauge of inflation.Crude oil futures moved higher amid heightened tensions in the Middle East and signals of strong summer gasoline demand, helping lift stocks across the …

Micron Technology is set to release its third-quarter earnings report for the 2024 fiscal year after the bell on Wednesday.The company is expected to report a profit for the quarter, compared to a loss in the year-ago period as revenue grows, according to analyst estimates compiled by Visible Alpha.Investors will …

The largest restaurant companies worldwide are primarily international chains. Many are positioned to weather economic cycles and maintain consistent, profitable growth over the long term. Among them are holding companies that control a variety of subsidiary chains. These are the 10 biggest restaurant companies by trailing 12-month (TTM) revenue as …