Visa narrowly topped earnings estimates for its most recent quarter, driven by a continued postpandemic rebound in international travel. There was more good news for shareholders: Free cash flow in the period was impressive, management guidance for the year ahead topped a high bar, and the company is buying back…

Microsoft shares were trading higher after the company posted better-than-expected financial results for its September quarter, aided by better performance than expected from the company’s cloud computing business. The software firm posted revenue of $56.5 billion, up 13% from a year ago, and $2 billion ahead of Wall Street estimates.…

Alphabet Inc.’s overall business expanded faster than it had in more than a year during the third quarter, but shares were falling in Wednesday’s premarket action as the company’s cloud-computing business disappointed. Google Cloud generated $8.4 billion in third-quarter revenue, below the FactSet consensus of $8.6 billion. While cloud-computing represents…

SunPower Corp.’s stock SPWR, -17.74% tumbled 9% in after-hours trade Tuesday, after the company said it will restate certain past financial statements. The company said statements in its 10-K for the year through Jan. 1, in its 10-Q for the quarter through April 2, its 10[Q for the quarter through…

Key News Asian equities were largely higher except for South Korea, India, and Singapore. Mainland China and Hong Kong both opened higher following yesterday’s strong performance in US-listed China stocks, following China’s surprise post-market announcement that the budget deficit would be expanded due to the issuance of RMB 1 trillion…

The world is vastly off track for meeting essential climate goals, and in a worrying and unexpected plot twist, climate advocates are now careening toward a terrible mistake that could set back climate action by decades. To win on climate, humanity must mobilize trillions of dollars in private green investment, particularly in emerging economies where greenhouse gas emissions are skyrocketing. Unfortunately, despite the urgency…

S&P Global Ratings late Tuesday revised its outlook on Israel’s sovereign debt to negative, from stable, and reaffirmed the country’s AA- ratings. The Israel-Hamas war “will remain centered in Gaza, but there are risks that it could spread more widely with a more pronounced impact on the economy and security…

Do not miss these huge dividend yields we’re seeing today. In a year or two, you’re going to kick yourself for not locking these income streams in. Take it from me. This bond guy nearly missed the great home refi opportunity of 2020-21. Fortunately, I managed to wake up and…

The initial version of this article featured an incorrect number for Texas Instruments’ analog revenue. This has now been corrected. Texas Instruments Inc. shares fell in extended trade Tuesday after the chip maker reported third-quarter revenue below analysts’ expectations and delivered weaker-than-expected guidance. The chipmaker reported net income of $1.709 billion,…

Bitcoin is likely to rally further and reach as high as $48,000 by the end of the year, based on technical analysis, one analyst says.  As bitcoin BTCUSD, +1.81% jumped above $32,000 and briefly touched $35,000 on Tuesday, it is “a very significant move as it clears a heavy overhead…