Headlining Thursday's earnings lineup is online-retail giant Amazon, which reports after the close.
The results will add to this week's pile of Big Tech earnings, including from Facebook-parent Meta late Wednesday. Here
A series of Big Tech giants has reported this week, alongside other U.S. blue-chip stocks such as Boeing, General Motors and McDonald.
Here are some key takeaways:
In tech:
Shares of Meta (META) jumped after the Facebook-parent reported i
Shares of Snap are plunging after the parent company of Snapchat reported quarterly revenue that fell more than Wall Street analysts projected.
The shares were recently down 19% in after-market trading. The drop comes after the shares rose more than 6% in the regular session as tech stocks advanced
Silicon Valley Bank served the world of startups and their investors. As the Federal Reserve began raising rates last year, venture capital dried up, leading startups to burn cash. Feb. 24: KPMG signs an audit report giving SVB Financial, Silicon Valley Bank’s parent company, a clean bill of health for 2022.
The fallout for activist investor Carl Icahn's investment company is continuing after a well-known short seller said the firm was inflating the value of its assets.
Icahn Enterprises, the firm controlled by Mr. Icahn, disclosed in a regulatory filing Wednesday that [it was contacted by federal pros
Former Silicon Valley Bank CEO Greg Becker is scheduled to appear before the Senate banking committee this morning at 10 a.m. ET.
It will be the first time he and executives at Signature Bank, which collapsed shortly after SVB, speak publicly about [their bank failures in March](https://www.wsj
Big-company stocks are beating small-ones in 2023 by a margin not seen in years—especially when you remove years where stocks were negative at this point from the calculation.
The S&P 500 is up 7.3% so far this year. The S&P SmallCap 600 is down 3.3%.
The 10.6-percentage-point spread marks the S
Shares of Choice Hotels are down after the Journal reported the company is seeking to buy Wyndham Hotels & Resorts.
Choice Hotels' stock was down 4.3%. Shares of Wyndham were up 7.4%.
The deal that would cre
Shares of Choice Hotels closed down after [the Journal reported](https://www.wsj/articles/choice-hotels-seeks-to-buy-wyndham-hotels-resorts-92019f6b) the company is seeking to buy Wyndham Hotels & Resorts.
The Labor Department's jobs report for May is due out at 8:30 a.m. ET. It will be the last monthly snapshot of the employment landscape before the Federal Reserve's June 13-14 meeting.
Here's what to know:
Economists expect employers added 190,000 jobs in May, which would mark a cooldown