 | | | | Dell Technologies Inc beat market estimates for second-quarter revenue on Thursday as the shift to hybrid work kept demand strong for its laptops, desktops and cloud services. | | | | | | Gap Inc on Thursday raised its full-year net sales forecast for the second time, betting on hot demand for its Old Navy and Athleta clothing brands as socializing makes a comeback with easing pandemic curbs. | | | | | | Canadian bank stocks dropped on Thursday as better-than-expected quarterly earnings reported this week were overshadowed by a promise by the ruling Liberal Party to raise corporate income taxes on financial firms if re-elected. | | | | | | Wall Street closed lower on Thursday, ending a streak of all-time closing highs on concerns over developments in Afghanistan, while fears of a potential shift in U.S. Federal Reserve policy prompted a broad but shallow sell-off the day before the Jackson Hole Symposium. | | | | | | ABC News President Kim Godwin on Thursday indicated she would request an independent investigation into how the TV network handled sexual assault allegations against a former "Good Morning America" senior executive producer, on a call with newsroom employees, according to an employee who was on the call. | | | | | | Peloton Interactive Inc on Thursday lowered the price of its exercise bike and said its near-term profitability would take a hit due to the pricing change and higher costs. | | | | | | Wall Street lost ground on Thursday, ending a streak of all-time closing highs on concerns over developments in Afghanistan, while fears of a potential shift in U.S. Federal Reserve policy prompted a broad but shallow sell-off the day before the Jackson Hole Symposium. | | | | | | Investors will be scouring remarks on Friday by U.S. Federal Reserve Chair Jerome Powell for clues on tapering the central bank's asset purchases, as well as how the economy is faring amid the spread of the COVID-19 Delta variant. | | | | | | Brazil's Supreme Court on Thursday ruled that a law granting the central bank autonomy was constitutional, guaranteeing monetary policymakers a freer rein to tackle rising inflation after leftist opposition parties sought to strike down the measure. | | | | | | U.S. energy companies on Thursday began airlifting workers from Gulf of Mexico oil production platforms and moved vessels from the path of what could become a devastating hurricane by the weekend. | | | | | |
