Investing.com-- U.S. stocks fell Wednesday, with healthy retail sales were outweighed by sharp losses in the tech sector after artificial intelligence major Nvidia flagged a sizable earnings hit from tighter government curbs on exports to China. At 09:35 ET (13:35 GMT), the Dow Jones Industrial Average fell 125 points, or 0.3%, the S&P 500 index dropped 50 points, or 0.9%, and the NA ...
Investing.com -- Subaru (OTC:FUJHY) of America, Inc. unveiled the new 2026 Subaru Solterra EV and the 2026 Subaru Trailseeker at the 2025 New York International Auto Show. The Solterra, first introduced in 2023, now boasts significant enhancements in performance, efficiency, design, and cabin comfort. The Trailseeker, the brand’s second all-electric SUV, also made its debut, highlighting the bra ...
(Reuters) - Insurer Progressive reported a 10% jump in first-quarter profit on Wednesday, helped by resilient demand for its auto insurance policies.Shares of the Mayfield Village, Ohio-based company rose 1.8% to $281 before the bell.Rising wages and low unemployment in the reported quarter helped sustain customer spending on auto insurance, one of Progressive’s mainstay revenue streams.Its net ...
By Niket Nishant(Reuters) - Insurance bellwether Travelers (NYSE:TRV)’ first-quarter profit exceeded analysts’ expectations on Wednesday, as strong underwriting gains helped soften the hit from over $2 billion of catastrophe losses driven by the Los Angeles wildfires.Shares rose 4%, extending a recovery after tariff-related market turmoil drove them to a three-month low last week.The results s ...