Company News

Follow the companies making headlines and moving markets here.
EPAM
EPAM Cuts Guidance as Customer Spending Slumps
3M
Potential 'Forever Chemicals' Settlement Boosts Shares of 3M
Amazon Prime Member Deal
Amazon May Dial Into Cellular Service. Here's What That Could Mean For You.
MongoDB
MongoDB Beats Earnings and Revenue Forecasts, Says It Could Benefit From AI Boom
Lululemon
Lululemon's Profit, Sales, and Outlook Jump as Sales in China Soar
Hormel Spam Image
Hormel Shares Rise as It Beats Profit Estimates
Salesforce sign
Salesforce Shares Fall as Customers Watch Spending
Hewlett Packard Enterprise Office in Houston, Texas.
Hewlett Packard Shares Sink After Enterprise Misses Sales and Guidance Estimates
Intel Sign
Intel Shares Rise on Upbeat Sales Forecast
Elon Musk Twitter
Is Twitter Really Worth A Third of What It Was Before Musk Bought It?
UCLA campus
Sofi Shares Rise Following Tentative Debt Ceiling Deal
Advance Auto Parts
Advance Auto Parts Misses Profit Estimates, Cuts Outlook and Dividend
Shonda Rhimes Queen Charlotte Premiere
Rhimes’ ‘Queen Charlotte’ Most Watched On Netflix Now-Here’s Her Net Worth
Ulta Beauty Makeup
Ulta Beauty Shares Sink as the Beauty Products Retailer Warns of Slowing Growth
GAP
Gap Posts a Surprising Profit as Margins Improve
Marvell Technology
Marvell Technology Is the Latest Tech Firm to Benefit From AI
Tesla Supercharger
Ford and Tesla to Partner on Electric Vehicle Charging
Dollar Tree
Dollar Tree Cuts Its Outlook as Theft Hurts Profit
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