Oil prices skyrocketed in 2022 and firms such as ExxonMobil, Shell, Chevron, TotalEnergies and BP earned record profits. But that spurred backlash.
Salesforce beat estimates on Wednesday, and activist investor Elliott Management was complimentary after the company showed margin improvement.
China’s stocks often see a modest rally after the country’s party congress sessions, but economists and strategists are mixed on what to expect this year.
Tesla shares fell 7% in pre-market trading Thursday, despite a positive analyst reaction to Elon Musk’s investor day presentation.
Macy’s delivered a bigger profit than expected during the holiday quarter.
So, after a year of inflation fighting, how are things going? In short, OK.
Tesla’s Investor Day was long on vision, and included a review of prior achievements, but short on specifics about any new Tesla products or services.
U.S. Treasury yields pulled back Monday as investors continue to monitor the outlook for inflation and the economy.
The lowest-paid major is theology, which pays $17 per hour five years after graduation.
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