It’s another big day of tech earnings, with Meta and IBM both reporting quarterly results. Apple announced it is raising the price of its streaming service Apple TV+ to $9.99 from $6.99. The tech giant is also raising the prices of its Arcade and News+ services too. Trending tickers on Yahoo Finance include Microsoft , PayPal , and Boeing .3:35 p.m.
Pfizer will still benefit from the 25% stake it retained as well as full rights to the drug outside the US and Japan.High interest rates are derailing the ambitions of climate regulators and automakers to accelerate the shift to electric vehicles, underscored Wednesday by the scrapping of a GM-Honda partnership and a warning from a battery maker.
An "extremely bearish" technical pattern, known as a double top, has taken shape on the Magnificent 7 stocks' combined price chart, fueling fears of a selloff. Home buyers are backing out of deals at the highest rate in a year as surging mortgage rates slam the housing market