Microsoft's stock rides AI elation toward first record close in two months
The technology powerhouse is in the midst of its Build developer conference, featuring announcements around AI products and software.
JPMorgan Wants Dimon to Stay. He Has a $75 Million Incentive.
Dimon has signaled he will step down as CEO earlier than anticipated.
Macy's Tops Earnings Estimates. Its New Turnaround Plan Starts to Pay Off.
The department store raised its earnings guidance for the fiscal year.
XPeng Narrows Quarterly Loss on Better Sales, Margins
The Chinese electric-vehicle maker guided for a rise in second-quarter vehicle deliveries after its first-quarter net loss narrowed on higher sales and improved margins.
Lowe's stock rises after retailer tops earnings estimates
Lowe's Cos. Inc.'s stock rose 2.2% premarket Tuesday, after the home-improvement retailer posted better-than-expected first-quarter earnings as a decline in big ticket spending was partially offset by positive performance in Pro and online.
AutoZone Earnings Beat Estimates. The Stock Drops Anyway.
The auto-parts retailer posted adjusted earnings of $36.69 a share on sales of $4.24 billion.
Sonos Picks a Good Time to Plug Into Headphones
The premium-headphone market is soaring while Sonos speaker sales are sagging, but the competition with Apple will be fierce.
JPMorgan's Consumer Business Is Doing Great. Its Customers Are Just OK.
The nation's largest lender sees borrowers trading down but still spending.
CyberArk to Acquire Venafi for $1.5 Billion as Cyber Market Shows Signs of Recovery
Vendors are eyeing acquisitions and IPOs as the cybersecurity market regains investor interest.
Real-Estate Downsizing Finally Comes for Your Pharmacy
CVS, Walgreens and Rite Aid are closing hundreds of stores as discount retailers and e-commerce outlets increase competition.
(END) Dow Jones Newswires
05-21-24 1515ET
