Wall Street Powers Goldman to Higher Quarterly Earnings

Revenue from investment banking and trading, the bank's traditional powerhouses, surged. 


 
Tesla Stock Drops. The Company Might Be Preparing for Layoffs.

Shares of the EV maker are falling again as its woes continue. 


 
Apple's Smartphone Sales Slump as China Rivals Rise

Apple's global smartphone shipments fell sharply in the first quarter, according to a closely followed research firm, toppling the iPhone maker from its perch as the world's largest phone maker. 


 
Samsung Electronics Gets $6.4 Billion for Texas Chip Plants

The expansion includes a second factory, an advanced chip-packaging facility and research-and-development capabilities. 


 
CVC Looks to Raise at Least $1.3 Billion in Amsterdam IPO

The global buyout firm is making a second attempt to go public in less than six months. 


 
Berkshire Hathaway Buys More Liberty Sirius XM Stock. Trade Not a Winner for Berkshire.

Warren Buffett's Berkshire has been accumulating the tracking stock on nearly every trading session since late March. 


 
Goldman Sachs Earnings Beat Expectations, Stock Rises

The investment bank follows a string of lackluster results from U.S. banks last week. 


 
UnitedHealth's Earnings Could Illuminate True Fallout From Cyberattack on Change Unit

Investors might get a better sense of the fallout for UnitedHealth Group when it reports first-quarter earnings results Tuesday. 


 
The Tesla Cybertruck Has Had a Rough Start. Now Production Is Halted.

Tesla seems to have run into a problem producing its newest model, its oddly-shaped pickup truck. 


 
Franklin Templeton Turns Toward Private Investing as Mutual-Fund Business Shrinks

After a string of acquisitions, the firm now manages more than $260 billion in alternative assets like private credit.


(END) Dow Jones Newswires

04-15-24 0915ET