Earnings Results: Salesforce predicts record earnings, but the stock is still falling
Salesforce predicted record earnings in the second quarter and increased guidance for record annual profit Wednesday, but shares still declined more than 4%.
: ServiceNow exec cashes out $7 million in stock amid 2023 surge
Chirantan "CJ" Desai, ServiceNow's president and chief operating officer, dumped 13,000 shares of ServiceNow last Thursday at an average price of $538.155.
: Amazon to pay $5.8 million to settle Ring privacy charges from FTC
Amazon.com Inc.’s AMZN Ring video doorbell division will pay the Federal Trade Commission $5.8 million to settle charges it violated customer privacy provisions, according to...
: U.S. oil futures settle at lowest since March
Oil futures fell on Wednesday, with U.S. prices ending at their lowest in more than 10 weeks. The potential fallout from the U.S. debt-ceiling debacle...
: Meta Platforms asks federal court to halt further FTC restrictions: WSJ
Meta Platforms Inc. META has asked a U.S. district court to halt efforts by the Federal Trade Commission to apply further restrictions on the social-media...
: Morgan Stanley exec Andy Saperstein confirms layoffs and says he’ll let succession process run its course
Morgan Stanley MS executive Andy Saperstein on Wednesday confirmed reports from early May that the bank plans to lay off about 5% of its workforce,...
: FTC reaches more than $30 million in settlements with Amazon’s Alexa and Ring units over privacy violations
The Federal Trade Commission on Wednesday reached more than $30 million in privacy settlements with Amazon.com Inc., AMZN that includes $25 million to settle a...
: U.S. stocks finish lower after Fed official remarks as investors await debt-ceiling vote
U.S. stocks finished lower Wednesday, with the S&P 500 closing out May with a small gain, as investors weighed remarks from Federal Reserve officials on...
Nordstrom tops Wall Street’s first-quarter sales expectations, even as shoppers spend less
The high-end department store reaffirmed its full-year outlook and posted a surprise profit on an adjusted basis.