Starbucks cups are pictured on a counter in Manhattan, New York, on Feb. 16, 2022.Carlo Allegri | ReutersStarbucks on Tuesday posted preliminary quarterly results that showed its sales fell again as the coffee chain tries to execute a turnaround."Our fourth quarter performance makes it clear that we need to fundamentally...
Stocks making the biggest moves after hours: McDonald’s, Seagate Technology, CoStar Group and more
Check out the companies making headlines in extended trading: Texas Instruments — The semiconductor company added 2%. Third-quarter results topped analysts' estimates, as Texas Instruments reported earnings of $1.47 per share on revenue of $4.15 billion. Analysts sought earnings of $1.38 per share and revenue of $4.12 billion, per LSEG....
U.S. deficit tops $1.8 trillion in 2024 as interest on debt surpasses trillion-dollar mark
The U.S. Treasury building in Washington, D.C., on Aug. 15, 2023. Nathan Howard | Bloomberg | Getty Images The Biden administration rang up a budget deficit topping $1.8 trillion in fiscal 2024, up more than 8% from the previous year and the third highest on record, the Treasury Department...
Nvidia and Apple supplier TSMC shares pop after quarterly profit soars on AI demand
Shares of Taiwan Semiconductor Manufacturing Co., the world's largest producer of advanced chips, serving clients such as Apple and Nvidia, jumped nearly 10% during trading on Thursday after the company reported a 54% hike in net profit in the third quarter. The company expects annual revenue growth in the last...