The Wall Street Journal
The chip maker reported a 98% decline in net income for the fourth quarter as operating expenses more than doubled and sales linked to its PC clients were cut in half.
Motley Fool
Shares of Phillips 66 (NYSE: PSX) fell more than 5% by 12:30 p.m. ET on Tuesday. Weighing on the refining company's stock price were its lackluster fourth-quarter results. Adjusted pre-tax income from its chemicals segment declined from $135 million in the third quarter to $52 million in the fourth quarter.
Motley Fool
Shares of C3.AI (NYSE: AI) surged Tuesday morning after the artificial intelligence-based software company announced the launch of its new C3 Generative AI Product suite, which includes C3 Generative AI for Enterprise Search. Generative AI describes a form of artificial intelligence that can be used to create content such as code, text, or images, like OpenAI's ChatGPT and DALL-E. C3.AI describes its Generative AI for Enterprise Search as "a transformative user experience using a natural language interface to rapidly locate, retrieve, and present all relevant data across the entire corpus of enterprise's information systems."
Insider Monkey
In this article, we discuss 10 hot oil stocks to buy now. If you want to see more stocks in this selection, check out 5 Hot Oil Stocks To Buy Now. According to a Reuters poll on December 30, oil price gains in 2023 could remain capped amid threats to demand growth from a deteriorating […]
Motley Fool
General Motors (NYSE: GM) stepped on the accelerator, and Ford Motor Company (NYSE: F) is going along for the ride. Shares of Ford traded up as much as 5.3% on Tuesday after crosstown rival GM handily beat expectations. On Tuesday, it was news from General Motors that was giving Ford shares a push.
TipRanks
Inflation made the headlines through most of last year, for all the worst reasons: it ran far too high, peaked above 9% in June, and the inflationary pressures pushed down hard on stock markets. The Fed jacked interest rates up their highest level in over a decade, risking recession to fight the rise in prices. Today, inflation is still in the headlines, although the tone has shifted. The annualized rate is trending downward; the December number came in at 6.5% year-over-year. While this is good