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AI Threat Widens to Financial Sector
WSJ· 2026-02-10 22:08
Core Viewpoint - Wealth-manager stocks experienced a significant decline due to weak retail sales impacting market indexes [1] Group 1: Market Impact - Weak retail sales have led to a downturn in wealth-manager stocks, indicating a potential correlation between consumer spending and the performance of financial services companies [1]
Lyft Shares Slide on Mixed Fourth Quarter
WSJ· 2026-02-10 22:04
The ride-hailing platform logged higher revenue boosted by double-digit growth in booking, but active riders and rides missed Wall Street's expectations. ...
Zillow Swings to Fourth-Quarter Profit as Revenue Climbs
WSJ· 2026-02-10 21:58
Core Insights - The home-listing site reported a quarterly profit of $3 million, a significant turnaround from a loss of $52 million in the same quarter of the previous year [1] Financial Performance - Quarterly profit: $3 million - Previous year's loss: $52 million - Year-over-year change: Profitability improved by $55 million [1]
Gilead Sciences Profit Rises on Growth of Liver Disease, HIV Products
WSJ· 2026-02-10 21:39
Core Insights - The biopharmaceutical company is planning to introduce two cancer therapies and an additional HIV treatment option within this year [1] Company Developments - The company is focusing on expanding its product offerings in the oncology and HIV treatment sectors [1]
Mattel Holiday Sales Sputter, Issues Weak Guidance
WSJ· 2026-02-10 21:34
The toy maker's anticipated holiday surge failed to materialize, leading it to post sales and profit below Wall Street expectations in the fourth-quarter. ...
Robinhood Gets a Prediction-Market Lift, Despite Cooling Crypto Business
WSJ· 2026-02-10 21:34
Core Insights - The brokerage ended 2025 on a strong note despite experiencing a stock decline of approximately 24% this year [1] Company Performance - The brokerage's performance in 2025 was strong, indicating resilience in its operations [1] - The significant stock decline of 24% suggests potential challenges or market reactions that may need to be addressed [1] Market Context - The overall market environment may have influenced the brokerage's stock performance, reflecting broader industry trends [1] - The strong finish in 2025 could indicate positive underlying fundamentals that may not be fully reflected in the stock price [1]
Ford Discloses Additional $900 Million Tariff Hit
WSJ· 2026-02-10 21:20
Detroit automaker reported its largest ever quarterly loss on EV-related charges. ...
Federal Reserve's Policy Stance Well Positioned, Dallas Fed President Logan Says
WSJ· 2026-02-10 18:24
Lorie Logan said she believes the Fed's interest-rate stance is set well for the risks facing the economy, a sign she may be reluctant to support a return to cutting rates at the central bank's upcoming meetings. ...
Fed's Hammack: Monetary Policy Is in a Good Place to Stay on Hold
WSJ· 2026-02-10 17:25
Cleveland Fed President Beth Hammack said the Federal Reserve can err on the side of patience as it assesses the impact of recent rate reductions. ...
How to Invest in Precious Metals After Their Crazy Run-Up
WSJ· 2026-02-10 17:00
Core Viewpoint - Financial professionals believe that gold, silver, platinum, and palladium have strong long-term prospects but anticipate volatility in the near term [1] Group 1: Precious Metals Outlook - Gold is expected to maintain its appeal as a safe-haven asset amid economic uncertainties [1] - Silver is projected to benefit from both industrial demand and investment interest [1] - Platinum and palladium are anticipated to see price fluctuations due to their ties to the automotive industry and changing demand dynamics [1]