Company News

Follow the companies making headlines and moving markets here.
Ford logo on a vehicle.
Ford Shares Fall After Reinstating Guidance Following UAW Strike
Sands Casino Resort
Las Vegas Sands Shares Drop as Top Shareholder Sells $2B in Stock to Buy Dallas Mavericks
Hormel Foods Corp. products
Hormel Shares Hit 8-Year Low Amid Drop in Retail Division, China Market
Cigna Group logo at the company's headquarters.
Cigna and Humana Shares Tumble After Report of Possible Merger
CrowdStrike logo
CrowdStrike Shares Soar as Cybersecurity Company Reports Strong Earnings, Boosts Guidance
Workday
Workday Beats Estimates and Raises Its Guidance as Subscription Sales Soar, Lifting Shares
Vehicles sit in a General Motors lot.
GM Shares Surge After Reinstating 2023 Guidance and Announcing $10B Buyback
A worker delivers Amazon packages on Cyber Monday in San Francisco, California, US, on Monday, Nov. 27, 2023.
Amazon to Extend Holiday Shopping Deals After Record Black Friday
Dog Walker
Synchrony Financial Shares Jump as Firm Sells Pet Insurance Unit
Warren Buffett (L), CEO of Berkshire Hathaway, and vice chairman Charlie Munger attend the 2019 annual shareholders meeting in Omaha, Nebraska, May 3, 2019.
Charlie Munger, Warren Buffett's Right-Hand Man, Dies at 99
FDA
SpringWorks Therapeutics Shares Skyrocket on FDA Approval of Desmoid Tumor Drug
Amazon logistics center in Germany
Amazon Double-Clicks Into AI With New Chip, Nvidia Partnership
Temu website
PDD Shares Surge After Temu Parent Nearly Doubles Revenue
Micron Building Shanghai
Micron Raises Earnings Guidance But Shares Fall
Shein
Fast Fashion Giant Shein Reportedly Filed Confidentially for US IPO
Foxconn Headquarters
Foxconn to Spend More than $1.5 Billion to Expand Operations in India
Roomba robot vacuums
Roomba-Maker iRobot's Shares Plunge After EU Regulators Question Amazon Deal
Amazon worker delivers packages on Cyber Monday
Amazon Shares Climb After Salesforce Deal and Report It Surpassed FedEx, UPS in Deliveries
Tesla dealership with logo in California
Tesla Sues Swedish Transport Agency After Strike Delays License Plate Deliveries
Amazon Web Services logo.
Amazon Will Offer Salesforce Apps on AWS, Allowing Easier Integration of AI Tech
Telecommunication towers with TV antennas and wireless infrastructure
Elliott Investment Management Calls for Shake-Up in Leadership at Crown Castle
Shopify
Shopify Shares Rise After Record Black Friday, With Merchant Sales Reaching $4.1B
People sit on a bench outside an Apple Store in Beijing, China.
Apple Shares Fall on Softer Than Expected Singles Day Sales in China
iRobot's Roomba Vaccum Cleaner
The Amazon-iRobot Deal Reportedly Set For An EU Nod, Roomba Maker’s Shares Soar
Jen-Hsun Huang, CEO of Nvidia Corp
Nvidia Shares Drop on Word of a Delay in the Release of a New AI Chip for China
Chipmaker Broadcom
Broadcom Finally Closes Purchase of VMware After Chinese Regulators Approve
Nordstrom store in Los Angeles, California.
Nordstrom Joins Other Retailers in Warning about a Pullback in Consumer Spending
Hewlett Packard
HP Shares Reverse Course Amid AI Optimism After Reporting Sales Declined
A person wearing a shirt with the Walmart logo holds a bin.
Walmart-Backed AI Warehouse Tech Company Symbotic Reports Record Revenue; Shares Soar 40%
Ford electric F-150
Ford Reduces Plans for EV Battery Plant as Demand Wanes and Labor Costs Rise
Amazon logo on Silicon Valley headquarters.
Amazon Launches AI Training Program As Companies Contend With AI Talent Shortage
A man holding a phone and excitedly pumping his fist in the air in happiness.
PENN Entertainment Shares Up as Popularity of New ESPN Bet App Prompts BoA Upgrade
Toyota Motor Corp. headquarters in Tokyo in May 2023
Toyota's U.S. Financing Arm Fined by Regulators Over Loan-Product Bundling
Amazon logistics center in Vicalvaro, Spain
Amazon Workers in Spain Plan Walkouts on Cyber Monday
Cruise Founder & CEO Kyle Vogt
Cruise Co-Founder and CEO Kyle Vogt Leaves the GM-Owned Robo Taxi Company
Bristol-Myers Squibb
Bristol-Myers Squibb, 2seventy Bio Shares Fall as FDA Delays Decision on Cancer Drug
OpenAI Co-Founder & CEO Sam Altman speaks onstage during TechCrunch Disrupt San Francisco 2019 at Moscone Convention Center on October 03, 2019 in San Francisco, California.
Sam Altman Ousted from ChatGPT Maker OpenAI As Board Loses Confidence In His Leadership
Eli Lilly headquarters in Indianapolis, Indiana in 2023
Lilly To Build 1st Factory in Germany as Demand for Weight-Loss Drugs Jumps
Doctor talking with a patient in an examining room
Employer-Provided Health Care Costs Spike on Weight-Loss Drugs, Inflation
Tesla's Service Center in Segeltorp, Sweden
Tesla Faces Growing Union Pressure in Sweden as Strike Spreads
Applied Materials
Applied Materials Shares Slide Following Reports of DOJ Investigation
Amazon Vice President of Worldwide Corporate Business Development Marty Mallick (L) and Hyundai Global President and Chief Operating Officer Jose Munoz speak at the Hyundai press conference at Automobility LA, the media preview day for the LA Auto Show, on November 16, 2023 in Los Angeles, California.
You May Be Able To Buy A Hyundai Car On Amazon In 2024
Macy's
Macy's Shares Jump After Earnings Beat as It Raised Margins, Cut Costs, and Shed Inventory
UAW workers picket outside of the General Motors (GM) parts facility on September 22, 2023 in Bolingbrook, Illinois.
GM Workers First of the Big Three to Approve UAW Deal
Alibaba Cloud
Alibaba ADRs Plunge After It Calls Off Cloud Spinoff Amid US Chip Restrictions
Wegovy
Syringe Maker Catalent Anticipates Boost From Demand for Injectable Weight-Loss Drugs
Microsoft Maia 100
Microsoft Unveils New AI Chip and Copilot AI Features
C3.ai
C3 AI Shares Jump as Firm Expands Artificial Intelligence Collaboration With Amazon
General Motors
GM Registers to Make Formula 1 Race Car Power Units and Shares Climb
Starbucks cup
Starbucks Union Workers Call for Strike on Red Cup Day This Thursday
"The Marvels" Expo
Disney's Latest Marvel Movie Turns In Worst Box-Office Showing for Marvel
Boeing 777-300ER
Boeing Shares Surge After Securing a $52B Order from Emirates
Tesla Supercharger
Tesla Strikes Deal To Sell Chargers to British Gas Station Operator EG Group
Worker disassembles a used lithium-ion EV battery
ExxonMobil Says Construction Underway on New Lithium Well in Arkansas
Meta corporate logo
Why Meta-Amazon In-App Purchase Deal Is a Win for Users and Investors
Wegovy
Novo Nordisk ADRs Climb After Study Suggests Its Wegovy Showed Heart Benefits
Ford Motor Co. Kentucky Truck Plant
Ford Production Workers in Kentucky Reject Tentative Agreement, Raising Deal Doubts
AMC
AMC Entertainment Shares Plunge After Announcing a Stock Sale to Raise Cash, Again
Tesla
Tesla Raises Prices of Some Model 3 and Model Y Vehicles in China
Apple CEO Tim Cook speaks at WWDC at Apple headquarters on June 05, 2023
Apple May Face $14B EU Tax Bill After Court Advisor Suggests Nixing Prior Favorable Order