Sept. 11, 2024 7:00 am ET Duffers are ruining things for Topgolf Callaway MODG -9.05%decrease; red down pointing triangle. Serious golfers are reliably showing up on golf courses, spending money on their equipment and golf balls. But recreational players are no longer as keen on shelling out some $70 an hour on a driving range…
Updated Jan. 16, 2024 9:03 am ET Goldman Sachs reported sharply higher profit for the fourth quarter, bolstered by a strong performance in its asset and wealth management business. The bank on Tuesday said quarterly profit was $2.01 billion, up 51% from a year ago. Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved….
Updated Jan. 16, 2024 4:48 am ET Apple is offering rare discounts in China, including on its latest iPhones, in a bid to beat back growing competition in the high-end market from rivals. The tech giant is running a promotion from Thursday through Sunday in China in which it is cutting the price of iPhones…
Updated Jan. 15, 2024 5:35 pm ET Stock benchmarks in two of Asia’s largest economies climbed to historic highs, while U.S. equity and bond markets were shut for Martin Luther King Day. Bank earnings and economic data later this week could give clues about the Federal Reserve’s next steps. The stock and bond markets will…
Updated Jan. 15, 2024 3:33 pm ET Apple is removing a blood-oxygen sensor from some of its smartwatches to get around a patent dispute related to the technology, a step likely to avoid further sales disruptions but one that may raise questions about the company’s push into health. The company halted sales of some watch…
The more the U.S. government worries about China’s ambitions in the chip industry, the more equipment for making chips that China seems to buy. When ASML, the Dutch company that makes the world’s most advanced lithography machines for manufacturing microchips, reports fourth-quarter results next week, one of the most eye-catching numbers will be the share…
After an everything rally that pushed major stock indexes near new highs, some investors just want the good stuff. They are looking for quality stocks, broadly defined as shares of companies with some combination of growth, reliable profits and strong balance sheets. Those run the gamut from recent highfliers such as Microsoft and Nvidia to…
Taiwan has voted: bringing the independence-leaning Democratic Progressive Party an unprecedented consecutive third term in the presidency. Now the world is waiting on Beijing, which claims Taiwan but doesn’t rule it. Saturday’s DPP victory, with around 40% of the vote, could mean more scary headlines in the near-term. Another set of large-scale military exercises, similar…
As one of the nation’s first owners of General Motors’ new electric Chevrolet Blazer, James Hattin was loving the SUV—before the problems began. On a trip from the mountains back to his home in Burbank, Calif., he and his wife heard weird clicking noises coming from the dashboard. A short time later, the cruise control…
Here are some of the major companies whose stocks moved on the week’s news. Source link
