Dubai’s Emirates airline mulls IPO; Boeing notches $9 trillion 737 Max sale

Dubai's Emirates airline mulls IPO;  Boeing notches $9 trillion 737 Max sale

DUBAI, United Arab Emirates — The president of long-haul carrier Emirates said Tuesday that an initial public offering of stock in the Dubai-based airline could happen as the city-state tries to boost its local financial market, while promising that its fleet of iconic double-decker jumbo jets would soon ply the skies again. Chicago-based manufacturer Boeing … Read more

Jared Kushner’s New Fund Plans to Invest Saudi Money in Israel

Jared Kushner's New Fund Plans to Invest Saudi Money in Israel

Jared Kushner’s new private-equity fund plans to invest millions of dollars of Saudi Arabia’s money in Israeli startups, according to people familiar with the investment plan, in a sign of warming ties between two historic rivals. Affinity Partners, which has raised more than $3 billion, including a $2 billion commitment from the kingdom’s sovereign-wealth fund, … Read more

Warren Buffett Says Markets Have Become a ‘Gambling Parlor’

Warren Buffett Says Markets Have Become a 'Gambling Parlor'

OMAHA, Neb.—As recently as February, Warren Buffett lamented he wasn’t finding much out there that was worth buying. That is no longer the case. After a yearslong deal drought, Mr. Buffett’s Berkshire Hathaway Inc. BRK.B -2.55% is opening up the spending spigot again. It forged an $11.6 billion deal to buy insurer Alleghany Corp. Y … Read more

5 Lessons From Big Tech Earnings

5 Lessons From Big Tech Earnings

Text size E-commerce sales have slowed as consumers have returned to shopping in stores. David Paul Morris/Bloomberg Heading into the latest earnings season, there was optimism on Wall Street that the tech giants would save the day. No other companies seemed better positioned to deal with the myriad issues plaguing the financial markets. But it … Read more

Dow drops more than 500 points as S&P 500, Nasdaq head for worst month since March 2020

Dow drops more than 500 points as S&P 500, Nasdaq head for worst month since March 2020

US stocks were sharply lower Friday afternoon, as investors weighed fresh inflation data while technology-related stocks suffered after disappointing results from Amazon.com Inc. and a warning on rising costs from Apple Inc. How are stock indexes performing? The Dow Jones Industrial Average DJIA fell almost 515 points, or 1.5%, to about 33,402. The S&P 500 … Read more

Tesla’s Elon Musk Sold Stock to Fund Twitter Deal. Here’s How Much.

Tesla's Elon Musk Sold Stock to Fund Twitter Deal.  Here's How Much.

Text size Tesla CEO Elon Musk has been selling company stock. Getty Images Now investors know one reason You’re here stock has been dropping—CEO Elon Musk had a lot of shares to sell. Musk disclosed Tesla (ticker: TSLA) stock sales Thursday evening on Form 4s filed with the Securities and Exchange Commission. A Form 4 … Read more

Apple stock swings to a loss after executives warn of billions in added costs

Apple stock swings to a loss after executives warn of billions in added costs

Apple Inc. topped earnings expectations and set a new record for March-quarter revenue to start 2022, but executives expect to see steeper pressure and billions in additional costs from challenges in the current period, sending shares lower in after-hours trading. “Supply constraints caused by COVID-related disruptions and industry-wide silicon shortages are impacting our ability to … Read more

Intel stock declines as chip maker doubles down on outlook despite headwinds

Intel stock declines as chip maker doubles down on outlook despite headwinds

Intel Corp. shares declined in the extended session Thursday after the chip maker held onto its full-year outlook amid expected weakness this quarter, forecasting a surge in sales from its major businesses in the second half of the year. Intel INTC, +3.58% shares fell 4% after hours, following a 3.6% gain in the regular session … Read more

Apple Posted Another Great Quarter. The Next One Might Not Be As Good.

Apple Posted Another Great Quarter.  The Next One Might Not Be As Good.

Text size Apple reported better-than-expected earnings on Thursday, despite a tough comparison from a year ago. Michael M. Santiago/Getty Images Apple managed to deliver another impressive earnings report. For the March quarter, the company beat expectations nearly across the board, with big beats for its iPhone, Mac, and iPad businesses. As expected, Apple (ticker: AAPL) … Read more

Comcast’s Peacock Added About Four Million Subscribers in First Quarter

Comcast's Peacock Added About Four Million Subscribers in First Quarter

Comcast Corp. said the number of paying subscribers to its Peacock streaming service jumped by more than 40% in the first quarter, thanks in part to a jam-packed February of top sporting events, which included the Super Bowl and Beijing Winter Olympics. The performance of Peacock, which has been slow to gain traction since its … Read more