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Why Cigarette Maker Philip Morris International Stock Is Plunging Today

Philip Morris International Inc (NYSE: PM) reported a first-quarter FY23 sales increase of 3.5% year-on-year to $8.02 billion, missing the analyst consensus estimate of $8.11 billion.Cigarette...

Novavax Dives On Downgrade; Is It The Covid Engine That Couldn’t?

Novavax (NVAX) has a solid platform but continues to face a $700 million litigation headwind, an analyst said Thursday as he downgraded NVAX...

Rally in regional bank stocks fizzles

The stocks of Comerica (CMA), Zions (ZION) and KeyCorp (KEY) fell after they disclosed billions in deposit outflows or set aside more for...

Dow Jones Gobsmacked As Tesla Eyes 150, Microsoft Dumps Twitter, Adding To Elon Musk Woes

The Dow Jones Industrial Average and other stock market indexes sold off Thursday after Tesla (TSLA) spooked investors and American Express (AXP) missed...

Workers Are Worried About Their Bosses Embracing AI

The Pew Research Center, a nonpartisan think tank that tracks public opinion, released a report today on how workers feel about AI. The technology has become...

Could 256% Growth Ignite The Afterburners On This Hot Chip Stock?

With fabless semiconductor stocks ranking No. 1 among the 197 groups IBD tracks, Impinj stock is one of five peers snagging the highest-possible...

Taiwan Semiconductor Delivers Mixed First-Quarter Results, Guides Lower

Taiwan Semiconductor Manufacturing (TSM), the world's largest contract chipmaker, on Thursday posted mixed results for the first quarter and gave a weak outlook...

Stocks sink, Tesla plummets 8%: Stock market news today

U.S. stocks traded lower in early trading Thursday morning, as weaker-than-expected quarterly profit at Tesla (TSLA) weighed on electric-vehicle stocks.The S&P 500 (^GSPC)...

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