Wall Street rallies but trade choppy as investors digest Powell comments By Reuters

[ad_1] © Reuters. FILE PHOTO: U.S. Federal Reserve Chair Jerome Powell addresses reporters after the Fed raised its target interest rate by a quarter of a percentage point, during a news conference at the Federal Reserve Building in Washington, U.S., February 1, 2023. REUT By Carolina Mandl and Johann M Cherian (Reuters) – U.S. stocks … Read more

Activision Blizzard Q4 results beat Wall Street estimates By Investing.com

[ad_1] © Reuters By Yasin Ebrahim Investing.com — Activision Blizzard (NASDAQ:) reported fourth-quarter results that beat Wall Street estimates just as the video game maker’s sale to Microsoft (NASDAQ:) is expected to face more headwinds.    Activision Blizzard was up 0.8% in aftermarket hours following the report. The gaming publisher Q4 earnings per share of $1.87, … Read more

BofA trims CEO Moynihan’s pay to $30 million as Wall Street curbs compensation By Reuters

[ad_1] © Reuters. FILE PHOTO: Bank of America Chairman and CEO Brian Moynihan testifies before a Senate Banking, Housing, and Urban Affairs hearing on “Annual Oversight of the Nation’s Largest Banks”, on Capitol Hill in Washington, U.S., September 22, 2022. REUTERS/Evelyn NEW YORK (Reuters) – Bank of America Corp (NYSE:) reduced compensation for Chief Executive … Read more

Wall St pares declines after stunning jobs report By Reuters

[ad_1] © Reuters. FILE PHOTO: A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 27, 2023. REUTERS/Andrew Kelly/File Photo By Shreyashi Sanyal and Johann M Cherian (Reuters) – U.S. stock indexes pared declines by afternoon on Friday as a strong jobs report that initially … Read more

Opinion: Apple offers breadcrumbs for a forecast, but is that enough to reassure Wall Street?

[ad_1] Apple Inc.’s breadcrumbs lead back to a familiar place: The iPhone is all that matters. After posting its largest revenue decline in more than six years — led by underwhelming iPhone sales — in its fiscal first-quarter earnings report Thursday, Apple once again refused to provide a traditional forecast for the coming quarter or … Read more