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Technology

Saudi Aramco earned more in two quarters than Apple in three

DUBAI, United Arab Emirates (AP) — Saudi energy company Aramco said Sunday its profits jumped 90% in the second quarter compared to the same time last year, helping its half-year earnings reach nearly $88 billion. The increase is a boon for the kingdom and the crown prince’s spending power as people around the world pay […]

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Science

Sasol FY 2022 Underpinned by a Favourable Macroeconomic Environment

Corrections & Amplifications This headline was corrected at 0515 GMT because the year was misstated as 2020. By Ian Walker Sasol Ltd. said Thursday that it expects to report higher earnings for fiscal 2022 as it benefited from higher crude oil prices, refining margins and chemicals prices against a backdrop of heightened geopolitical tensions. The […]

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Technology

Dow jumps 300 points on gains for Salesforce Inc., Apple Inc. stocks

The Dow Jones Industrial Average is climbing Wednesday morning with shares of Salesforce Inc. and Apple Inc. delivering strong returns for the index. The Dow DJIA, +1.05% is trading 304 points higher (0.9%), as shares of Salesforce Inc. CRM, +3.35% and Apple Inc. AAPL, +2.91% are contributing around a quarter of the blue-chip gauge’s intraday […]

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US

Match hits pause on ‘metaverse’ dating and Tinder crypto, stock plunges 20% after surprise loss

Match Group Inc. shares were pummeled Tuesday after the online-dating company’s new chief executive detailed a slowdown for its most popular product, Tinder, and decided to pause newer initiatives such as Tinder-based crypto and “metaverse” dating. Match MTCH, +4.32% reported a loss of $31.86 million, or 11 cents a share, down from a profit of […]

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Life Style

‘It has me questioning if we are in the right relationship.’ Our financial adviser is a ‘top performer’ but she costs well over $20K a year — even when we lose money. Should we get a new one?

How to know if your financial adviser is worth the money. Getty Images/iStockphoto Question: After our first financial adviser retired, we picked a new one recommended by her to continue our relationship with the firm. Our fixed-rate fee of $1,700 per year changed to 0.9% of our assets under management. That meant the fee was […]

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Technology

Dow jumps nearly 125 points on gains in Chevron, Apple Inc. shares

The Dow Jones Industrial Average is climbing Friday morning with shares of Chevron and Apple Inc. seeing positive gains for the index. The Dow DJIA, +0.42% was most recently trading 122 points, or 0.4%, higher, as shares of Chevron CVX, +9.26% and Apple Inc. AAPL, +3.59% have contributed to the index’s intraday rally. Chevron’s shares […]

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Science

Magnit 2Q Sales Rose Sharply as Environment Stabilizes

By Joe Hoppe Magnit said Thursday that total sales rose 39% in the second quarter as its customer environment normalized and shopping patterns returned to normal. The Russian grocer said revenue rose to 588.6 billion rubles ($9.91 billion) from RUB424.34 billion the prior year, while net retail sales rose 40% on year to reach RUB579.0 […]

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Technology

Apple Inc. stock rises Wednesday, still underperforms market

Shares of Apple Inc. AAPL, +3.42% advanced 3.42% to $156.79 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP, +4.06% rising 4.06% to 12,032.42 and the Dow Jones Industrial Average DJIA, +1.37% rising 1.37% to 32,197.59. The stock’s rise snapped a three-day losing […]

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Travel

You could retire to Spain for half the cost of Florida

“The view from my terrace is the best ever. I overlook the Mediterranean Sea!” gushes retired American teacher and mental health professional Patti Addington. When she walked the Camino de Santiago in 2018, Patti fell in love with Spain and Spanish culture. “I came home from Spain not wanting to leave and began to concentrate on how, where, […]

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Technology

Big Tech earnings are about to determine the direction of the market

Just five companies control nearly a quarter of the S&P 500 index’s market cap, and they will all report earnings this week that could determine the direction of the market for weeks or months to come. As Big Tech — Google parent Alphabet Inc. GOOGL GOOG, Amazon.com Inc. AMZN, Apple Inc. AAPL, Facebook parent Meta […]