Wall Street closes down, Dow snaps longest winning streak since 1987
By Carolina Mandl and Herbert Lash (Reuters) – U.S. stocks ended lower on Thursday after news that the Bank of…
Day: July 27, 2023
US launches $8.5 billion in rebates for home energy efficiency
By Timothy Gardner WASHINGTON (Reuters) – The Department of Energy said on Thursday it is accepting applications from states and…
AbbVie trims forecast for Humira sales drop on favorable coverage
By Leroy Leo and Patrick Wingrove (Reuters) -AbbVie on Thursday trimmed its 2023 view for declining sales of its flagship…
Facebook parent Meta sees advertising jump, tops Wall Street targets
By Katie Paul and Yuvraj Malik (Reuters) – Meta Platforms on Wednesday reported a strong rise in advertising revenue, topping…
Meta rallies as AI-powered ad sales drive ‘monster’ forecast
By Aditya Soni (Reuters) -Meta shares surged nearly 8% on Thursday as a rosy revenue forecast showed that artificial intelligence…