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Wall St. edges up; Alphabet and Amazon rise after the bell

Wall Street edged higher on Thursday as investors looked beyond disappointing earnings from Ford and bought shares in Apple, while Alphabet surged after the bell following its quarterly report.

Recent Business News

Amazon revenue beats estimates as cloud sales surge

Amazon.com Inc reported a better-than-expected rise in quarterly revenue, powered by blockbuster growth in its cloud services unit and an increase in subscriptions for its Prime loyalty program.

4:19pm EDT

Vivendi considers suing Mediaset for defamation: spokeswoman

PARIS French media giant Vivendi is considering suing Mediaset for defamation after the Italian broadcaster denounced what it sees as an unacceptable u-turn on a deal regarding its pay-TV arm Premium.

Tech, Deals 4:02pm EDT

Whole Foods slides as price cuts fail to impress

Whole Foods Market Inc's shares plunged on Thursday as the company's efforts to position itself as a competitively priced grocer yielded little results in the third quarter.

2:23pm EDT

Lackluster U.S., China sales drag on Ford Motor profit; shares tumble

DETROIT Ford Motor Co reported weaker-than-expected profit in the second quarter and declared that the U.S. auto industry's long recovery was at an end, sending its stock and those of other auto companies tumbling on Thursday. | Video

4:37pm EDT

Oracle to buy NetSuite for $9.3 billion to gain cloud computing clout

Business software maker Oracle Corp said on Thursday it would buy NetSuite Inc for about $9.3 billion in cash, a deal designed to help Oracle gain market share in the fast-growing cloud computing business. | Video

Tech, Deals 4:36pm EDT


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