Stock news
Here are some recent stock news updates:
Market Updates
- The Dow Jones Industrial Average (DJIA) closed at 34,511.21, up 0.2% from the previous day.
- The S&P 500 Index (SPX) closed at 4,234.17, up 0.3% from the previous day.
- The Nasdaq Composite Index (COMP) closed at 13,611.71, up 0.4% from the previous day.
Company News
- Tesla (TSLA): The electric vehicle maker reported a surprise profit in the fourth quarter, sending its stock up 10%.
- Amazon (AMZN): The e-commerce giant announced a 20-for-1 stock split, which will make its stock more accessible to individual investors.
- Microsoft (MSFT): The software giant reported strong quarterly earnings, driven by growth in its cloud computing business.
- Johnson & Johnson (JNJ): The healthcare company announced a recall of its popular baby powder due to asbestos contamination.
- Coca-Cola (KO): The beverage giant reported a decline in quarterly sales, citing a decline in demand for its sugary drinks.
Earnings Reports
- Alphabet (GOOGL): The parent company of Google reported strong quarterly earnings, driven by growth in its advertising business.
- Facebook (FB): The social media giant reported strong quarterly earnings, driven by growth in its advertising business.
- Intel (INTC): The chipmaker reported strong quarterly earnings, driven by growth in its data center business.
- Procter & Gamble (PG): The consumer goods company reported strong quarterly earnings, driven by growth in its beauty and grooming business.
Mergers and Acquisitions
- AT&T (T): The telecommunications company announced a deal to acquire WarnerMedia, the parent company of HBO and CNN, from AT&T for $43 billion.
- United Airlines (UAL): The airline announced a deal to acquire 200 new aircraft from Boeing, worth $20 billion.
- Bristol-Myers Squibb (BMY): The pharmaceutical company announced a deal to acquire Celgene, a biotech company, for $74 billion.
Regulatory News
- SEC: The Securities and Exchange Commission (SEC) announced a new rule requiring publicly traded companies to disclose climate-related risks and opportunities.
- FTC: The Federal Trade Commission (FTC) announced a new rule requiring social media companies to disclose the use of facial recognition technology.
- EU: The European Union announced a new rule requiring companies to disclose the use of artificial intelligence in their products and services.
These are just a few of the latest stock news updates. If you're looking for more information or specific news on a particular company or industry, feel free to ask!