Here’s what happens to the Dow after a 13-day winning streak, according to history
CNBC Pro crunched the numbers to look at the stock market performance over the week, month, and quarter following a winning streak.
Samsung reports 95% drop in profit, but expects global demand to recover in second half of the year
Samsung is the world’s largest maker of dynamic random-access memory chips, which are found in consumer devices such as smartphones and computers.
CNBC Daily Open: Powell’s conference had something for everyone
At his post-meeting press conference, Chair Jerome Powell deftly negotiated expectations from market bulls and bears, somehow affirming both camps.
Dow loses more than 200 points Thursday to snap historic 13-day rally: Live updates
Traders absorbed a strong GDP number and Meta earnings results.
The Fed needs the economy to slow from here. These funds could outperform
Fed Chair Jerome Powell said that the economy will need to have a period of below-trend growth for inflation to come down.
The Dow just posted its best winning streak since the 1980s. Why it keeps going higher
The Dow on Wednesday rose for a 13th straight day, matching its longest winning streak since 1987.
Tesla under investigation by California attorney general over Autopilot safety, marketing
The California attorney general is investigating Tesla over the electric car company’s driver assistance technology, CNBC has learned.
Fed recap: Details from the Federal Reserve’s July hike and Powell’s market-moving comments
The central bank boosted rates by a quarter percentage point on Wednesday, bringing the benchmark borrowing rate to a range of 5.25%-5.5%.
What Alphabet and Microsoft are saying about A.I. on their earnings calls
Second-quarter earnings season brought artificial intelligence front-runners Alphabet and Microsoft head-to-head once again.
Airbus posts higher profit, removes near-term output goal
Europe’s Airbus on Wednesday posted higher-than-expected underlying operating profit for the second quarter.