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Citigroup's March layoffs are part of a 20,000‑job reduction plan running through the end of 2026, with roughly 1,000 roles already eliminated in January as CEO Jane Fraser tightens costs and restructures the bank under a multi‑year overhaul.
The start of 2026 has been an eventful one for energy markets, with elevated geopolitical risk, soaring natural gas prices and a weakening dollar, but the top gainers so far this year have been from diverse corners of the industry.
Apple is set to report its latest results after the closing bell on Thursday, with strong iPhone 17 demand seen helping drive revenue to a record high.
Wall Street is in the middle of Big Tech earnings, with the 'Magnificent Seven' leading big moves in both directions.
Wall Street is in the middle of Big Tech earnings, with the 'Magnificent Seven' leading moves in both directions.
Wall Street is in the middle of Big Tech earnings, with the 'Magnificent Seven' leading moves in both directions.
Electric vehicle pioneer Tesla (NASDAQ:TSLA) missed Wall Street’s revenue expectations in Q4 CY2025, with sales falling 3.1% year on year to $24.9 billion. Its non-GAAP profit of $0.50 per share was 10.8% above analysts’ consensus estimates.
The S 500 on Wednesday blew past another psychological barrier, hitting 7,000 for the first time in history — before pulling back.
Samsung said it would buy back 3.57 trillion won worth of its shares. Samsung’s shares more than doubled in value in 2025 and surged about 35% this month, reflecting hopes for a blowout year as prices of memory chips climbed faster than anticipated. Vor
Aerospace and defense company Hexcel (NYSE:HXL) reported Q4 CY2025 results exceeding the market’s revenue expectations, with sales up 3.7% year on year to $491.3 million. On the other hand, the company’s full-year revenue guidance of $2.05 billion at the
The first look at C.H. Robinson’s earnings that investors applauded. The post First look: C.H. Robinson talks of the tough market, but stock soars yet again appeared first on FreightWaves.
Network testing solutions company Viavi Solutions (NASDAQ:VIAV) reported Q4 CY2025 results exceeding the market’s revenue expectations, with sales up 36.4% year on year to $369.3 million. On top of that, next quarter’s revenue guidance ($393 million at th
Profit slid, cars tanked, and Tesla’s stock still popped after hours as investors priced robotaxis, energy momentum, and Elon Musk’s next AI wager
Equipment rental company United Rentals (NYSE:URI) missed Wall Street’s revenue expectations in Q4 CY2025 as sales rose 2.8% year on year to $4.21 billion. On the other hand, the company’s outlook for the full year was close to analysts’ estimates with re
Regional banking company First Financial Bancorp (NASDAQ:FFBC) missed Wall Street’s revenue expectations in Q4 CY2025, but sales rose 6.5% year on year to $238.8 million. Its GAAP profit of $0.64 per share was 4% below analysts’ consensus estimates.