The Latest Breaking News on Business

Advanced Micro Devices edged above Wall Street's earnings target for the first quarter on better-than-expected sales. AMD stock wavered late.

Colgate-Palmolive has significantly lagged behind the broader market over the past year, yet analysts remain moderately bullish on the stock’s prospects.

Rivian doesn't expect to change the upcoming R2 crossover's starting price due to tariffs, the startup's founder and CEO R.J. Scaringe said on a Tuesday earnings call. 

The mega-deal Rivian struck with the Volkswagen Group last year brings the electric-vehicle startup that much closer to achieving the kind of escape velocity that only Tesla has reached so far. Volkswagen agreed to inject $5.8 billion into the California-based automaker, with the money arriving in chunks over time. 

Data-center specialist Super Micro Computer disappointed with its outlook for the current quarter. SMCI stock sank on the news.

Despite opposition from proponents who argue that clean vehicle incentives create domestic jobs and reduce emissions, Congress is likely to kill the EV tax credit soon, Bloomberg reported today.

The EV startup beat Q1 earnings views with another quarter of gross profit, but cut delivery targets amid Trump tariffs. Rivian stock fell late.

“We’re a little over 100 days into this new administration and, ‘Good Lord.' There’s been a tremendous amount of volatility introduced."

Although Baxter International has underperformed the broader market over the past year, Wall Street analysts maintain a moderately optimistic outlook on the stock’s prospects.