Companies — profitable or not — make 2024 the year of cost cuts

[ad_1] Mathisworks | Digitalvision Vectors | Getty Images Corporate America has a message for Wall Street: It’s serious about cutting costs this year. From toy and cosmetics makers to office … Read More

Dow futures fall 300 points after hotter-than-expected U.S. inflation data: Live updates

[ad_1] Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading on January 26, 2023 in New York City.  Michael M. Santiago | Getty Images … Read More

Wall Street says Big Tech needs to take a breather after huge run. Here’s our take

[ad_1] Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. U.S. stocks were … Read More

Fourth-quarter earnings are shaping up to be the best of 2023, but there’s a catch

[ad_1] Traders work on the floor at the New York Stock Exchange on Feb. 1, 2024. Brendan McDermid | Reuters Here’s how big of a surprise corporate profits have been … Read More

Meta shares jump more than 10% after net income triples in fourth quarter and company announces first-ever dividend

[ad_1] Mark Zuckerberg, CEO, Meta Platforms, in July 2021. Kevin Dietsch | Getty Images News | Getty Images Meta beat on earnings and revenue in its fourth-quarter report on Thursday … Read More