Best Buy 2Q Sales Jump, But Outlook Weighs On Shares
Best Buy Co. reported its largest second-quarter sales boost in 15 years on Tuesday, helping to push revenue and profit beyond Wall Street expectations.
Watch CBS News
Best Buy Co. reported its largest second-quarter sales boost in 15 years on Tuesday, helping to push revenue and profit beyond Wall Street expectations.
Shares of Tesla slipped on the first day of trading after the electric vehicle maker said it won't consider going private after all.
Stocks closed higher on Wall Street following strong results from Walmart and signs of progress in defusing the trade dispute between China and the U.S.
Twitter plunged before the opening bell Friday on weak user numbers, a day after a historic route at Facebook.
Facebook lost about $119 billion of its value on Thursday, marking the biggest one-day loss in U.S. market history.
Benchmark U.S. crude rose $1.01 to settle at $70.73 a barrel on the futures market in New York. The international standard, Brent crude, was up $1.30 to $76.17 in London.
An ad on Snapchat asking users if they'd rather "Slap Rihanna" or "Punch Chris Brown" has spawned widespread outrage online and brought profuse apologies from the company.
President Donald Trump has broken his silence on the stock market.
The 1,175-point drop in the Dow Jones industrial average Monday — about 4.6 percent of its value — capped two days of losses that have erased the stock market's gains for the year.
The Dow Jones Industrial Average had its biggest single day point decline in its history-- at one point down 1,500 points.
The Dow Jones industrial average plunged 1,175 points, or 4.6 percent, erasing its gains for the year.
Stocks ended their worst week in two years Friday, and the Dow's drop was its biggest in percentage terms since June 2016.
Advances in technology have already reshaped stock trading, and now investors with TD Ameritrade can trade stocks around the clock during the week.
Stocks are closing higher on Wall Street, sending the Dow Jones industrial average to its first close above 26,000 points.
The Dow Jones industrial average closed above 25,000 points for the first time, just five weeks after its first close above 24,000.
Stock indexes closed higher on the first trading day of 2018, led by gains in big technology companies.
Investors welcomed signs that the odds were improving for the Republican-led effort to forge a sweeping tax overhaul bill.
Under Armour is cutting its annual outlook again, sending shares plunging 12 percent before the opening bell.
Facebook's shadow continues to hang over Snapchat as its parent company reported disappointing numbers. Snap Inc. had a massive loss and saw user growth continue to slow down in the first three months of the year.
The company behind the popular messaging app Snapchat is expected to start trading Thursday after a better-than-expected stock offering.
U.S. stocks extended a rally into a sixth day, bringing new all-time highs for major indexes.
The Standard & Poor's 500 index is closing at a record high, beating the mark it set in August.
U.S. stocks caved as Wall Street joined global markets in a collective rush from risk assets in the wake of Britain's vote to depart the European Union.
U.S. stocks plunge in early trading after Britain votes to leave the European Uniopn; bonds, gold prices rise.
American Airlines Group Inc. (AAL) on Friday reported first-quarter net income of $700 million.
