Shares of Dolby Laboratories Inc. DLB fell 4.8% after hours on Thursday after the audio and imaging technology developer forecast profit and sales for its next fiscal year that were below Wall Street’s expectations. Management forecast fiscal 2024 sale...

Merck MRK said late Thursday that the Food and Drug Administration has approved its star cancer drug Keytruda as treatment for some adult gastrointestinal cancers, alongside chemotherapy. Approval was based on results from an advanced-stage trial that ...

Applied Materials Inc.’s AMAT stock dropped 6% in extended trading Thursday after the company reported quarterly results that topped analyst revenue and earnings estimates. Applied reported fiscal fourth-quarter net income of $2 billion, or $2.38 a sha...

U.S. stocks finished lower on Thursday, with the Dow snapping a four-day winning streak while the S&P 500 and Nasdaq Composite eked out marginal gains, extending their winning streaks for a third day. The S&P 500 SPX gained 5.38 points, or 0.1%, to 4,5...

U.S. stocks were under pressure Thursday, but off the session lows, in the final hour of trade as investors digested a batch of weaker economic data suggesting the effects of the Federal Reserve’s rate hikes have been kicking in. The Dow Jones Industri...

Oil futures fell by nearly 5% on Thursday as concerns over a potential slowdown in energy demand following downbeat U.S. economic data contributed to a drop in prices to their lowest settlement since July. Data released Thursday showed that U.S. indust...