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Microsoft closed Tuesday’s trading session at record highs of $360.53, after renewed excitement about growth from an important partner in artificial intelligence. The 1.12% daily jump gives the technology giant a market value of about $2.68 trillion.Key U.S. indices all ...

Bitcoin, the world's largest crypto asset by market capitalization, has shown impressive resilience and notable growth, outshining traditional assets with its value ballooning by more than 110% since January.The latest excitement around Bitcoin is driven by anticipation of the Securities ...

Saudi Arabia’s economy has slowed markedly after the world’s biggest crude oil producer cut output to shore up prices.Saudi gross domestic product contracted 4.5% year-over-year in the third quarter of 2023. That’s the largest shrinkage since the COVID-19 pandemic in ...

India’s economy is showing signs of growth at a time when China, which has been the engine of global growth for decades, is seeing a major economic slowdown. India aspires to be a potential successor. From a restless young population ...

Oil giant Shell this week reported a $6.2 billion profit for the third quarter, in line with estimates, as the company received a boost from higher oil prices and refining margins.Profit was higher than the $5.1 billion in the second ...

Bitcoin, the world’s biggest cryptocurrency in terms of market value, has broken records as it now boasts the highest number of profitable wallet addresses on record, even though its price is still 50% behind its all-time high.Last week, Bitcoin's price ...

Output in Germany fell slightly in the third quarter, official data showed Monday, increasing the risk of a recession in Europe’s biggest economy.Gross domestic product dropped 0.1% in the July-to-September period compared with the previous quarter, when it grew 0.1%, ...

Coca-Cola and PepsiCo’s stocks have struggled this year, hurt by higher interest rates and investor concerns about the possible negative impact of weight loss drugs like Wegovy.Despite that, both companies topped Wall Street’s estimates for their third-quarter results and raised ...

The e-commerce titan this week announced revenue of $143.1 billion for the quarter ending in September, showing a 13% rise from the same period last year and outstripping analysts’ estimates.The retailer reported quarterly profits of $9.9 billion, also beating estimates. ...

Mercedes-Benz shares fell sharply on Thursday after the German carmaker reported a decline in profit and revenue as challenges from electric-vehicle competition and unstable supply chains affected its performance.Frankfurt-listed shares were down 6%, putting the stock on course for its ...

Google’s parent company Alphabet reported 11% revenue growth in the third quarter, as a return in advertising bumped expansion into double digits for the first time in more than a year. However, company shares dropped almost 7% in late trading ...

Bitcoin is up 50% so far in 2023, beating major commodities and stock indexes. Industry insiders said this year’s bank collapses have sent investors looking for alternatives to the traditional banking system, while there is also anticipation of a slowdown ...

The U.S. Commerce Department is expected to report third-quarter gross domestic product this week. Analysts keenly await this measure, which is the broadest measure of economic output. Early indications point to a strong period of economic growth from July through ...

U.S. home sales dropped in September to the lowest level since the foreclosure crisis as surging interest rates and climbing home prices made buying a home more challenging.Historically low inventory of homes for sale continued to push prices up and ...

Tesla reported adjusted earnings of $2.3 billion in the quarter, or 66 cents a share, down 37% from a year earlier and the smallest profits it reported in two years. The company also missed on third-quarter revenue of $23.4 billion, up ...