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It turns out that bad news for the economy may actually be bad news for the stock market
Investors find themselves Thursday with a series of bad economic data points a day after the Fed voted to keep its short-term rate at the highest in two decades.
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Amazon’s cloud unit reports 19% revenue growth, topping estimates
Amazon Web Services grew sales by 19% in the latest quarter, expanding at a faster rate than its parent company.
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Apple sales rise 5%, topping estimates as iPad and Services revenues jump
Apple reported earnings after the bell on Thursday.
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Amazon shares slide on revenue miss, disappointing guidance for third quarter
Amazon missed on revenue for the second quarter and gave a forecast for the current quarter that fell short of Wall Street’s expectations.
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Buying 100,000 Teslas continues to haunt Hertz
Under new CEO Gil West, Hertz is trying to unwind the Tesla debacle by selling off the vehicles at a loss.