Carvana, a used car retailer, reported record results and turned a profit during the first quarter. An earlier version misstated the company's business.
Carvana, a used car retailer, reported record results and turned a profit during the first quarter. An earlier version misstated the company's business.
This story has been updated to accurately reflect that Ellison's comment on cloud computing being "complete gibberish" was made in 2008.
This article has been updated to reflect the correct spelling of Rob Ginsberg's name.
The Federal Reserve kept its benchmark short-term borrowing rate in a targeted range between 5.25%-5.50%. An earlier version misstated the range. The Fed's next meeting is June 11-12. An earlier version misstated the date.
Friday's report is expected to show growth of 240,000 in total nonfarm payrolls for April, according to the consensus Dow Jones estimate. An earlier version misstated the figure.
This story has been updated to clarify that Refinitiv is now known as LSEG.
This article has been updated to reflect the correct day the lawsuit against Microsoft and OpenAI was filed.
Jefferies lowered its Chegg price target to $4 from $7, suggesting 44% downside from Monday's close. An earlier version misstated the percentage.
This story has been updated to accurately reflect that HSBC's first quarter revenue for 2024 was 3% higher than a year ago. That figure was misstated due to an editing error.
The text of this story has been amended to clarify that Tesla cleared a milestone to roll out "Full Self Driving," which is the brand name for its driver-assistance technology, in China.