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Oil prices retreat after Trump win sends dollar soaring

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Oil futures fell Wednesday, feeling the heat from a sharp rise in the U.S. dollar after former President Donald Trump won the U.S. presidential election.

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Qualcomm’s rosy forecast sends stock surging, and more buybacks may be on deck

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Qualcomm is upping its buyback program by $15 billion after repurchasing more than $4 billion in stock last fiscal year.

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Arm says it’s fueling many AI needs, but its stock shrugs off an earnings beat

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The chip designer beat expectations for both its revenue segments.

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Costco shoppers stocked up on supplies as hurricanes, port strike hit. The trend hurt sales in October.

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The warehouse retailer says demand was “negatively affected” by “abnormal consumer activity” tied to the September events.

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