adminProtecting your portfolio against risks tied to Trump’s tariff plan
Money manager John Davi is positioning for challenges tied to President-elect Donald Trump’s tariff agenda. Davi said he worries the new administration’s policies could be “very inflationary,” so he thinks…
Stocks making the biggest moves midday: PLTR, MRNA, ULTA, BABA
Check out the companies making headlines in midday trading: Global pharma stocks — Shares of several vaccine makers declined after President-elect Donald Trump selected prominent vaccine skeptic Robert F. Kennedy…
BABA, AMAT, ULTA and more
Check out the companies making headlines before the bell: Applied Materials — Shares tumbled more than 8% after the semiconductor equipment manufacturer offered weak revenue guidance for the current quarter.…
China October retail sales beat forecasts while real estate slump worsens
Pictured here is a Shanghai development under construction on Nov. 4, 2024. Cfoto | Future Publishing | Getty Images BEIJING — China on Friday reported strong growth in retail sales…
Gary Gensler reviews accomplishments, defends crypto approach
U.S. Securities and Exchange Commission Chair Gary Gensler testifies before a House Financial Services Committee oversight hearing on Capitol Hill in Washington, D.C., on Sept. 27, 2023. Jonathan Ernst |…
Chinese AI startup Shengshu launches image-to-video tool, rivaling Sora
Pictured here is an AI-generated clip from Vidu’s website. The tool can create videos from text or image prompts. Evelyn Cheng | CNBC BEIJING — Beijing-based Shengshu Technology on Wednesday…
Stocks making the biggest moves premarket: CAVA, SPOT, RKLB
Check out the companies making headlines before the bell: Cava — The fast-casual restaurant chain surged nearly 19% after third-quarter results exceeded analysts’ expectations. Earnings of 15 cents per share…
SPOT, CAVA, RIVN and more
Check out the companies making headlines in extended trading. Spotify Technology – Shares of the music-streaming service jumped about 8%. Total monthly active users for the third quarter came in…
Alibaba launches AI search for small biz, says purchase intent jumps
Alibaba International promotes its e-commerce platform for small businesses at the Canton Fair in Guangdong, China, on Oct. 16, 2024. Vcg | Visual China Group | Getty Images BEIJING —…
Stocks making the biggest moves midday: ABBV, TSLA, CI, MS
Check out the companies making headlines in midday trading: Tesla — The electric vehicle stock popped about 9% to build on last week’s 29% gain as investors bet that a…
Trump is the most pro-stock market president in history, Wharton’s Jeremy Siegel
The stock market could enjoy a bigger boost from President-elect Donald Trump than any previous administration thanks to his pro-business policies, according to Jeremy Siegel, finance professor at the Wharton School…
Trump tariffs could reheat inflation if countries retaliate
Neel Kashkari, President and CEO, Federal Reserve Bank of Minneapolis, speaks at the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 7,…
Three China stocks that analysts are watching for longer-term opportunities
Chinese stocks wrapped up a momentous week marked by a $1.4 trillion debt swap program that fell short of many investors’ calls for more direct government support. For many, the…
Two-stocks better than one? Repacking pair trades
The exchange-traded fund industry is trying to make pair-trade strategies more accessible to everyday investors. Tidal Financial Group’s Michael Venuto filed last month for eight two-stock ETFs: going long one…
China announces $1.4 trillion package over five years to tackle local governments’ ‘hidden’ debt
BEIJING – China on Friday announced a five-year package totaling 10 trillion yuan ($1.4 trillion) to tackle local government debt problems, while signaling more economic support would come next year.…
Stocks making the biggest moves midday: TSLA, ABNB, TOST, PINS
Check out the companies making headlines in midday trading: Tesla — The electric vehicle stock gained nearly 7%, continuing to rally on the heels of Donald Trump winning a second…
PINS, MNST, BBWI, DJT and more
Check out the companies making headlines before the bell. Trump Media & Technology Group — Shares of President-elect Donald Trump’s media company fell another 4.6% in premarket trading following a…
Stocks making the biggest moves after hours: ABNB, PINS, EXPE, RIVN
Check out the companies making headlines in extended trading: Rivian — The electric vehicle maker added nearly 2% despite missing on both top and bottom lines in the third quarter.…
LYFT, SEDG, QCOM, MRNA and more
Check out the companies making headlines in premarket trading. Lyft — The rideshare stock advanced more than 23% after a stronger-than-expected fourth-quarter outlook. Lyft expects bookings in the current quarter…
Stocks making the biggest moves after hours: QCOM, HUBS, LYFT, BMBL
Check out the companies making headlines in extended trading: Qualcomm — The chipmaker popped 4% after posting results for the fiscal fourth quarter that topped Wall Street’s expectations. The company…
10-year Treasury yield posts huge leap to 4.46% on Trump win, possible GOP Congress sweep
A specialist trader works inside a post on the floor at the New York Stock Exchange on Oct. 23, 2024. Brendan McDermid | Reuters Treasury yields surged Wednesday as Donald…
Trump Media loses $19.2 million in third quarter, Election Day filing reveals
Omar Marques | Lightrocket | Getty Images Trump Media, which experienced a flurry of trading activity Tuesday as a possible proxy for Donald Trump’s presidency chances, revealed after the closing…
Trump Media DJT shares gain on Election Day as traders bet potential GOP candidate win will boost business
Republican presidential nominee and former U.S. President Donald Trump reacts at a rally in Las Vegas, Nevada, U.S. September 13, 2024. Piroschka Van De Wouw | Reuters Shares of Trump…
China reviews plan to increase local government debt
A Chinese flag flutters on top of the Great Hall of the People ahead of the opening ceremony of the Belt and Road Forum (BRF), to mark 10th anniversary of…
DJT, CEG, NVDA, BRK.B and more
Check out the companies making headlines before the bell. Talen Energy – The independent power company tumbled more than 8% after the Federal Energy Regulatory Commission rejected a request to…
Affirm expands buy now, pay later service to the UK
PayPal Inc. co-founder and Affirm’s CEO Max Levchin on center stage during day one of Collision 2019 at Enercare Center in Toronto, Canada. Vaughn Ridley | Sportsfile | Getty Images…
Stocks to play China’s shopping festival, even if consumers spend less
As China’s biggest shopping festival of the year gets underway, analysts are starting to favor Chinese logistics companies as a way to play the online shopping trend. Their reasoning? The…
Berkshire Hathaway BRK earnings Q3 2024
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 4, 2024. CNBC Warren Buffett sold another big chuck of his Apple stake, downsizing Berkshire…
Berkshire Hathaway’s cash fortress tops $300 billion as Buffett sells more stock, freezes buybacks
Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 3, 2024. David A. Grogen | CNBC Berkshire Hathaway‘s monstrous cash pile…
Stocks making the biggest moves midday: INTC, AMZN, BA, CVX
Check out the companies making headlines in midday trading: Cardinal Health — The health-care services provider gained 7.7%, hitting a new 52-week high, after Cardinal exceeded fiscal first-quarter earnings expectations…
Stocks making the biggest moves premarket: AMZN, AAPL, TEAM
Check out the companies making headlines before the bell. Amazon — The e-commerce giant popped 7% after posting stronger-than-expected earnings and robust cloud and advertising growth. Revenues for its Amazon…
Megacap tech gets new BlackRock ETF
BlackRock’s iShares is trying to appeal to investors who want to diversify beyond from the so-called Magnificent Seven. The firm launched the iShares Top 20 U.S. Stocks ETF (TOPT) this…
CVNA, EBAY, MSFT, UBER and more
Check out the companies making headlines before the market open. Carvana – Shares surged more than 19% on the heels of a third-quarter earnings and revenue beat . For the…
Stocks making biggest moves after hours: MSFT, META, SBUX, COIN
Check out the companies making headlines in extended trading: Microsoft — The technology giant slid nearly 4% after its revenue guidance for the fiscal second quarter disappointed investors. Microsoft’s outlook…
LLY, CAT, VFS, GOOGL & more
Check out the companies making headlines in premarket trading. Eli Lilly — The drug maker tumbled 7.5% after missing analyst expectations for the third quarter and cutting full-year guidance. Eli…
VFC, PFE, FFIV, JBLU and more
Check out the companies making headlines in midday trading: VF Corporation — Shares jumped more than 27%. The North Face and JanSport parent’s quarterly results beat Wall Street’s expectations for…
VFC, MCD, PFE, PYPL and more
Check out the companies making headlines before the bell. VF Corp – Shares soared nearly 20% following the North Face and JanSport parent’s better-than-expected quarterly results. For the fiscal second…
Chinese IPOs in the U.S., Hong Kong to rise next year, analysts say
Chinese autonomous driving company WeRide listed on the Nasdaq on Friday, Oct. 25, 2024. China News Service | China News Service | Getty Images BEIJING — Chinese IPOs in the…
Exxon, Spotify, Boeing, McDonald’s and more
Check out the companies making headlines in premarket trading. Spotify — The music platform rose more than 2% after Wells Fargo named Spotify a top stock pick . Analyst Steven…
Stocks making biggest moves midday: TSLA, IBM, WHR, MOH
Check out the companies making headlines in midday trading: Lilium — U.S.-listed shares fell 62% after the German air taxi startup said in a regulatory filing that its two main…
Apple’s China suppliers could benefit from U.S. trade tensions
After a sweeping look at global trade shifts, JPMorgan strategists have concluded that some of Apple’s Chinese suppliers could benefit from the trend of supply chain diversification. The Oct. 18…
Chart analyst Carter Worth breaks down most important technical indicator
There are many technical indicators for traders to choose from. For Carter Worth, there is one that stands out above all others: volume. “A lot of charters don’t look at…
DECK, COF, CPRI, SKX and more
Check out the companies making headlines in premarket trading: Deckers Outdoor — The maker of Ugg and Hoka jumped 14% following its big earnings beat. Deckers posted earnings of $1.59…
TPR, CPRI, LHX and more
Check out the companies making headlines in midday trading: Tapestry , Capri — Shares of Tapestry rallied 13.5%, while Capri’s stock tumbled 48.9%. The sharp moves come after a judge…
Stocks making the biggest moves after hours: DXCM, CPRI, SKX, COF
Check out the companies making headlines in extended trading: Dexcom — Shares slid nearly 7% despite the manufacturer of diabetes management devices posting a third-quarter adjusted earnings and revenue beat.…
Chinese smartphone maker Oppo in weekly AI talks with Google, Microsoft
Chinese smartphone company Oppo ranks second in mainland China, and fourth worldwide, according to Canalys. Nurphoto | Nurphoto | Getty Images BEIJING — Chinese smartphone company Oppo is doubling down…
Apple, Goldman Sachs fined over $89 million for Apple Card failures
Apple CEO Tim Cook introduces the Apple Card during a launch event at the Apple headquarters in Cupertino, California, on March 25, 2019. Noah Berger | AFP | Getty Images…
Stocks making biggest moves after hours: TSLA, IBM, TMUS
Check out the companies making headlines after the bell : T-Mobile U.S. — The telecommunications giant rose about 3% after posting a third-quarter earnings surprise to the upside. T-Mobile reported…
Chinese smartphones tout AI ahead of Apple Intelligence launch
Chinese smartphone company Honor on Wednesday revealed new AI features. Pictured here is CEO George Zhao speaking in Shanghai on June 26, 2024. Nurphoto | Nurphoto | Getty Images Honor,…
Stocks making the biggest moves after hours: MCD, STX, CSGP
Check out the companies making headlines in extended trading: Texas Instruments — The semiconductor company added 2%. Third-quarter results topped analysts’ estimates, as Texas Instruments reported earnings of $1.47 per…
Klarna produces more startups than any other European fintech: Accel
Buy now, pay later firms like Klarna and Block’s Afterpay could be about to face tougher rules in the U.K. Nikolas Kokovlis | Nurphoto | Getty Images LONDON — More startups…
Stocks making the biggest moves after hours: NKE, ZION, NUE
Check out the companies making headlines after the bell : Nike — Shares added nearly 1% after the sneaker giant and athletics apparel company renewed its uniform partnership with the…
Robinhood rolls out margin trading in the UK after regulator nod
Tthe Robinhood logo is displayed on a smartphone screen. Rafael Henrique | Sopa Images | Lightrocket | Getty Images LONDON — Robinhood said Monday that it’s rolling out margin investing — the…
Why I paid $95 to recycle a mattress — and you might, too
The author paid a company, Renewable Recycling, to pick up and recycle his queen-size mattress in New York City. Greg Iacurci I paid $95 to recycle a mattress. It may…
NVDA, TRV, BX and UBER
Check out the companies making the biggest moves midday: Taiwan Semiconductor — Shares surged 9.79% after the company, which is the world’s largest producer of advanced chips, reported a 54%…
Stock picking small caps may boost performance right now
Stock picking may be the key to getting exposure to small caps. Rob Harvey, who’s behind the Dimensional U.S. Small Cap ETF, uses an actively managed approach to buying the…
AXP, PG, NFLX, CVS and more
Check out the companies making headlines before the bell: Procter & Gamble — The stock fell 0.8% after reporting weaker-than-expected revenue. The household goods maker posted $21.74 billion in revenue,…
Stocks making the biggest moves midday: Netflix, Apple, CVS Health, Lamb Weston, U.S. Cellular and more
These are the stocks posting the largest moves in midday trading.
After rejecting Google takeover, Wiz says will IPO when ‘stars align’
LONDON — Cybersecurity firm Wiz is seeking to hit $1 billion of annual recurring revenues next year, the company’s billionaire co-founder Roy Reznik told CNBC, adding that the firm will…
NFLX, ISRG, WDFC and more
Check out the companies making headlines in after-hours trading: Netflix — The streaming stock popped more than 4% after third-quarter earnings topped expectations. Netflix earned $5.40 per share on $9.83…
ما هو الدور الذي يلعبه السماسرة في تداول العقود مقابل الفروقات؟
ما هو الدور الذي يلعبه السماسرة في تداول تسمح العقود مقابل الفروقات للمتداولين بالمضاربة على ارتفاع أو انخفاض الأسعار عبر مجموعة واسعة من الأسواق العالمية سريعة الحركة. يتضمن هذا النوع…
LCID, DFS, PPG and more
Check out the companies making headlines in extended trading: Discover Financial — Shares inched lower by 1%. The financial services company posted third-quarter results that surpassed expectations, with earnings of…
UAL, MS, ASML, PLD and more
Check out the companies making headlines in midday trading: Novavax — Shares plunged more than 19% after the biotech company said the U.S. Food and Drug Administration put a clinical…
China’s Alibaba claims AI translation tool beats Google, ChatGPT
Chinese e-commerce company Alibaba has invested heavily in its fast-growing international business as growth slows for its China-focused Taobao and Tmall business. Nurphoto | Nurphoto | Getty Images BEIJING —…
Goldman Sachs (GS) earnings Q3 2024
David Solomon, Chairman & CEO Goldman Sachs, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Adam Galici | CNBC…
Warren Buffett’s Berkshire Hathaway hikes SiriusXM stake to 32%
Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024. David A. Grogan Warren Buffett’s Berkshire Hathaway…
China’s Ministry of Finance tackles debt problems before economic challenges
The 597-meter high Goldin Finance 117 Tower in Tianjin, China, started construction in September 2008, but still stands unfinished in this picture, taken Aug. 28, 2024. Nurphoto | Nurphoto |…
Trump or Harris? 2024 stakes for America’s businesses
Former President Donald Trump and Vice President Kamala Harris face off in the ABC presidential debate on Sept. 10, 2024. Getty Images With the U.S. election less than a month…
Here’s the deflation breakdown for September 2024 — in one chart
Jeff Greenberg | Universal Images Group | Getty Images Inflation has eased gradually across the broad U.S. economy, and some areas of consumer spending, such as furniture and gasoline, have…
Two China ETFs go on different paths
Two exchange-traded funds are looking for profits in China with two different strategies. While the Rayliant Quantamental China Equity ETF dives into specific regions, the newly launched Roundhill China Dragons…
Chinese finance minister hints at increasing the deficit at highly antificated briefing
Lan Fo’an, China’s finance minister, center, speaks as Zheng Shanjie, chairman of the National Development and Reform Commission (NDRC), left, and Pan Gongsheng, governor of the People’s Bank of China…
JPM’s Dimon says geopolitical risks ‘treacherous and getting worse’
JPMorgan Chase CEO and Chairman Jamie Dimon speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, U.S.,…
JPMorgan Chase (JPM) earnings Q3 2024
CEO of Chase Jamie Dimon looks on as he attends the seventh “Choose France Summit”, aiming to attract foreign investors to the country, at the Chateau de Versailles, outside Paris,…
Hedge funds do about-face on China, selling stocks in record numbers
Hedge funds that recently flocked into Chinese stocks on stimulus hopes just did a 180. Professional traders posted the largest single-day net selling of Chinese securities, both onshore and offshore,…
Fed officials were divided on whether to cut rates by half a point in September, minutes show
WASHINGTON – Federal Reserve officials at their September meeting agreed to cut interest rates but were unsure how aggressive to get, ultimately deciding on a half percentage point move in…
NCLH, RDDT, CHWY, BA and more
Check out the companies making headlines in midday trading. Astera Labs – Shares gained more than 16% after the company, which sells data center connectivity chips, debuted new fabric switches…
China’s Golden Week holiday signals persistent consumer caution
Passengers line up to check in at Chengdu Tianfu International Airport on October 6, 2024 as China’s week-long National Day holiday draws to a close. China News Service | China…
NVDA, DOCU, BABA, LVS and more
Check out the companies making headlines in midday trading. China stocks – U.S.-listed shares of Chinese companies fell after Beijing’s economic planning agency failed to announce any new major stimulus…
China state planner lays out further actions to boost economy but no new plans for major stimulus
Two women sit on the sidewalk of Qiansimen Jialing River Bridge, decorated with Chinese national flags, on October 3, 2024 in Chongqing, China. National Day Golden Week is a holiday…
Stocks making the biggest moves midday: GNRC, AMZN, PFE
Check out the companies making headlines in midday trading: Generac Holdings — Shares of the maker of power generators surged 8% as Hurricane Milton intensified into a Category 5 storm…
Banks and tech companies at odds over online fraud liability in UK
Meta is facing calls from U.K. banks and payment firms like Revolut to financially compensate people who fall for scams on their services. Jaap Arriens | Nurphoto via Getty Images…
NVDA, LEVI, EVGO and more
Check out the companies making headlines before the bell. Wolfspeed – The semiconductor stock fell nearly 5% following a downgrade to underperform from neutral at Mizuho. The firm sees pricing…
Digital bank Revolut slams Meta over approach to scams
Revolut CEO, Nikolay Storonsky (L) and Meta CEO, Mark Zuckerberg. Reuters British financial technology firm Revolut on Thursday criticized Facebook parent company Meta over its approach to tackling fraud, saying…
Fed rate cuts should favor preferred stocks, Virtus fund manager says
One financial firm is trying to capitalize on preferred stocks – which carry more risks than bonds, but aren’t as risky as common stocks. Infrastructure Capital Advisors Founder and CEO…
SAVE, SMMT, RIVN and more
Check out the companies making headlines before the bell. Spirit Airlines , JetBlue – Spirit plunged more than 38% following a report from The Wall Street Journal that the discount…
Stocks making the biggest moves midday: RIVN, ANF, CVS, SAVE
Check out the companies making headlines in midday trading. Abercrombie & Fitch – Shares of the teen apparel retailer jumped nearly 8% after JPMorgan added it to its positive catalyst…
HIMS, JOBY, LEVI and more
Check out the companies making headlines in midday trading. EVgo — Shares soared nearly 61% after the electric vehicle charger company received a $1.05 billion conditional loan from the Department…
Stocks making the biggest moves midday: TSLA, NKE, HUM
Check out the companies making headlines in midday trading. Tesla — Shares declined about 3.5% after the electric vehicle company fell short of third-quarter delivery estimates . Deliveries came in…
Goldman Sachs-backed digital bank Starling hit with FCA fine
The Starling Bank banking app on a smartphone. Adrian Dennis | AFP via Getty Images U.K. financial regulators hit British digital lender Starling Bank with a £29 million ($38.5 million)…
Charles Schwab CEO Walt Bettinger to retire at end of 2024, Rick Wurster to replace him
Charles Schwab CEO Walt Bettinger is retiring from his role at the end of December after 16 years leading the brokerage firm, the company announced Tuesday. Bettinger will be replaced…
Freetrade buys UK arm of Australian investing platform Stake
People walk along London Bridge past the City of London skyline. Sopa Images | Lightrocket | Getty Images London-based online trading platform Freetrade told CNBC Tuesday that it’s agreed to…
Stocks to play the China trade until the stimulus package kicks in
China’s surging stock market after the government outlined plans to boost the economy has suddenly tipped hedge funds and strategists to what would have recently been seen as one of…
Stocks making the biggest moves premarket: Bristol-Myers Squibb, Costco, Super Micro Computer and more
These are the stocks posting the largest moves in premarket trading.
OpenAI’s CFO says funding round should close by next week in letter
OpenAI’s Sora AI tool allows users to create AI-generated videos from text-based inputs. Costfoto | Nurphoto | Getty Images OpenAI CFO Sarah Friar is looking to reassure its investors that…
How new deal could reshape ETF industry
Blockchain technology and tokenization could challenge the traditional ETF model. Janus Henderson said recently that it’s partnering with Anemoy Limited and Centrifuge to create Anemoy’s Liquid Treasury Fund (LTF), an…
Stocks making the biggest moves midday: WYNN, RKLB, SAVA
Check out the companies making headlines in midday trading: Bristol-Myers Squibb — The drug maker jumped 1.6% after the U.S. Food and Drug Administration approved a highly anticipated schizophrenia drug…
Stocks making the biggest moves after hours: MU, WS, FUL
Check out the companies making headlines after the bell : Micron Technology — The semiconductor manufacturer soared 13% after issuing strong guidance for the current quarter. The company sees fiscal…
China is easing monetary policy. The economy needs fiscal support
A China Resources property under construction in Nanjing, Jiangsu province, China, Sept 24, 2024. Cfoto | Future Publishing | Getty Images BEIJING — China’s slowing economy needs more than interest…
DOJ accuses Visa of monopoly that affects price of ‘nearly everything’
Justin Sullivan | etty Images The U.S. Justice Department on Tuesday sued Visa, the world’s biggest payments network, saying it propped up an illegal monopoly over debit payments by imposing…
Commerzbank board member warns of job losses with hostile UniCredit
15 February 2024, Hesse, Frankfurt/M.: The lettering “Commerzbank” can be seen on the Commerzbank Tower in the center of the banking city. Boosted by the turnaround in interest rates, Commerzbank…
Stocks making the biggest moves after hours: Snowflake, GameStop, Deere and more
These are the stocks posting the largest moves in extended trading.
China stimulus calls are growing louder, at home and abroad
Local residents with umbrellas walk out of a metro station in rain during morning rush hour on September 20, 2024 in Beijing, China. China News Service | China News Service…
This Chinese stock has upside thanks to smart glasses in the U.S.
Smart glasses, many with components made in China, are emerging as an up-and-coming category as the fall consumer technology product season gets underway. The glasses are a simpler version of…
Hedge against political cycles is better investment than AI: Van Eck
A major exchange-traded fund and mutual fund manager finds the winning gold trade isn’t talked about as much as the artificial intelligence trade — but maybe it should be. VanEck…
Billionaires poured millions of dollars into presidential super PACs in August
Republican presidential nominee and former U.S. President Donald Trump (L), and Vice President Kamala Harris. Reuters The nation’s wealthy opened their wallets in August with a focus on election season,…
FDX, NKE, CEG and more
Check out the companies making headlines in midday trading: FedEx — The delivery giant plunged more than 15% after reporting a steep quarterly earnings drop. The company also lowered its…
Fed Governor Waller says inflation softening faster than he expected put him in half-point-cut camp
Federal Reserve Governor Christopher Waller said Friday he supported a half percentage point rate cut at this week’s meeting because inflation is falling even faster than he had expected. Citing…
Huawei’s trifold proving popular among Apple iPhone fans in Beijing
Pictured here is an Apple flagship store in Beijing, China, on the day of the iPhone 16 launch on Sept. 20, 2024. Bloomberg | Bloomberg | Getty Images BEIJING —…
Stocks making the biggest moves after hours: NKE, LEN, FDX
Check out the companies making headlines in extended trading: Nike — Shares soared 10%. The sneaker company announced that CEO John Donahoe would step down from the role on Oct.…
What buying Commerzbank would mean for UniCredit and German banks
The Commerzbank building (second from right) in Frankfurt am Main, western Germany, on Sept. 25, 2023. Kirill Kudryavtsev | Afp | Getty Images UniCredit‘s move to take a stake in…
Fed cuts rates by a half point at September 2024 meeting
WASHINGTON – The Federal Reserve on Wednesday enacted its first interest rate cut since the early days of the Covid pandemic, slicing half a percentage point off benchmark rates in…
JPMorgan Chase in talks with Apple to take card from Goldman Sachs
Apple CEO Tim Cook introduces the Apple Card during a launch event at Apple headquarters in Cupertino, California, on March 25, 2019. Noah Berger | AFP | Getty Images Apple…
Point72’s Steve Cohen is stepping back from trading his own book
Steven Cohen, founder of Point72 and majority owner of the New York Mets, attends a news conference at Citi Field, the home stadium of MLB’s New York Mets, in Queens,…
401(k)-to-IRA rollovers have a ‘billion-dollar blind spot’: Vanguard
Sergio Mendoza Hochmann | Moment | Getty Images Many investors unknowingly make a costly mistake when rolling their money from a 401(k) plan to an individual retirement account: leaving their…
NUVL, AA, SFM and more
Check out the companies making headlines in midday trading: Nuvalent — Shares soared more than 28%, hitting an all-time high, after the biopharmaceutical company highlighted positive data on two experimental…
China’s local government debt problems are a hidden drag on economic growth
Local governments in China are still building highways, bridges and railways, as pictured here in Jiangxi province on Sept. 6, 2024. Cfoto | Future Publishing | Getty Images BEIJING —…
A Fed rate cut may lend a helping hand to Chinese stocks. Or not.
The U.S. Federal Reserve is widely expected to finally start taking its foot off the interest rate brakes this week, and that will give authorities at China’s central bank room…
Harris’ rise in polls sparks wave of wealth transfers to kids
Dimensions | E+ | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign…
Why stocks drop in September — and many investors shouldn’t care
Traders on the New York Stock Exchange floor on Sept. 9, 2024. Spencer Platt | Getty Images News | Getty Images September historically hasn’t been kind to stock investors. Since…
China’s retail sales and industrial data miss expectations in August
Pictured here is a shopping mall in Hangzhou, China, on Sept. 9, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — China’s retail sales, industrial production and urban investment in August all…
Stocks making the biggest moves midday: MRNA, UBER, BA, ADBE
Check out the companies making headlines in midday trading: Moderna — Shares of the vaccine maker pulled back more than 2% following a downgrade to underweight from JPMorgan . The…
China’s plan to boost consumption by encouraging trade-ins has yet to show results
A banner plays up China’s trade-in policy at a home goods expo in Qingdao, Shandong province, China, on June 1, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — China’s…
Stocks making the biggest moves midday: KR, WOOF, MRNA, ROKU
Check out the companies making headlines in midday trading: Kroger — Shares of the supermarket chain rallied 7.2%. Kroger reported mixed fiscal second-quarter results, posting adjusted earnings that beat expectations…
Dutch neobank Bunq on hiring spree, with focus on digital nomads
Dutch digital bank Bunq is plotting re-entry into the U.K. to tap into a “large and underserved” market of some 2.8 million British “digital nomads.” Pavlo Gonchar | Sopa Images…
Stocks making the biggest moves midday: GME, VKTX, DJT
Check out the companies making headlines in midday trading. Trump Media & Technology — The stock fell more than 10% following Tuesday’s debate between majority shareholder former President Donald Trump…
Stocks making the biggest moves after hours: WOOF, PLAY, MS
Check out the companies making headlines after the bell : GameStop — The gaming retailer was trading 7% lower after posting mixed second-quarter results. While revenue fell to $798 million…
ALLY, LUV, ORCL and more
Check out the companies making headlines in midday trading: Ally Financial — Shares of the lender fell 17.6% after Ally Chief Financial Officer Russell Hutchinson said at an industry conference…
Goldman Sachs to post $400M hit in third quarter over consumer business
David Solomon, CEO of Goldman Sachs, during an interview for an episode of “The David Rubenstein Show: Peer-to-Peer Conversations” in New York on Aug. 6, 2024. Jeenah Moon | Bloomberg…
PLTR, SMMT, JBLU and more
Check out the companies making headlines in midday trading: Palantir Technologies , Dell Technologies — Palantir and Dell jumped 13% and nearly 5%, respectively, following the announcement after the bell…
Huawei’s tri-fold phone gets 2.7 million pre-orders before iPhone 16 launch
Huawei is planning to release a three-fold smartphone on Sept. 10, just hours after Apple’s scheduled new iPhone launch. Cfoto | Future Publishing | Getty Images BEIJING — Huawei has…
How ‘life planning’ founder George Kinder thinks you should manage money
George Kinder Kinder Institute George Kinder wants everyone to be free. At first blush, that concept of personal fulfillment or enlightenment may seem better suited to the realms of religion…
3 ways Wall Street banks are leveraging AI to increase profitability
Big banks are jumping headfirst into the AI race. Over the past year, Wall Street’s largest names — including Goldman Sachs , Bank of America , Morgan Stanley , Wells…
ETFs are set to hit record inflows, but this wild card could change it
Exchange-traded fund inflows have already topped monthly records in 2024, and managers think inflows could see an impact from the money market fund boom before year-end. “With that $6 trillion…
INTC, NIO, SMCI and more
Check out the companies making headlines in midday trading: Nio — U.S. shares of the Chinese electric vehicle maker popped 3.5% after a JPMorgan upgrade to overweight from neutral. The…
U.S. job market slows but it’s not yet a ‘three-alarm fire’: economist
A “Now Hiring” sign is seen at a FedEx location on Broadway on June 07, 2024 in New York City. Michael M. Santiago | Getty Images The U.S. job market…
China should focus on fighting deflationary pressure
Yi Gang was governor of the People’s Bank of China from 2018 to 2023. He is pictured here speaking at the Peterson Institute for International Economics in Washington, DC, US,…
JPMorgan top economist says Fed should cut rates by half point
Michael Feroli, chief U.S. economist of JPMorgan Securities, listens during a Bloomberg Television interview in New York on March 6, 2018. Christopher Goodney | Bloomberg | Getty Images The Federal…
Cramer names Microsoft (MSFT) as No. 1 underappreciated megacap to buy
Microsoft’s generative artificial intelligence prospects are impressive. But the stock has more to offer investors than just the new tech. Jim Cramer said Microsoft shares could bottom Wednesday — and…
DLTR, GTLB, ZS and more
Check out the companies making headlines in midday trading: Dollar Tree — Shares tumbled 20% after the discount retailer slashed its full-year outlook for net sales and adjusted earnings per…
Asian chip stocks fall after Nvidia sell-off on Wall Street overnight
People walk past the logo of Samsung Electronics in Seoul on July 7, 2022. South Korea’s Samsung Electronics Co Ltd turned in its best April-June profit since 2018 on Thursday,…
CLSK, PCVX, U and more
Check out the companies making headlines in midday trading. Cleanspark – The crypto miner’s stock plunged more than 13%. Cleanspark released its mining update for August, which showed that it…
Abrdn analyst calls for faster rate cuts
An eagle tops the U.S. Federal Reserve building’s facade in Washington, July 31, 2013. REUTERS/Jonathan Ernst/ Jonathan Ernst | Reuters While British fund manager abdrn predicts that the U.S. economy…
Demand for international trips drive ‘travel momentum’ and spending
Hinterhaus Productions | Digitalvision | Getty Images Travel spending among American households continues to outpace its pre-pandemic levels, a trend underpinned by a zeal for international trips, according to new…
China’s Hero Games shares what’s next after its hit Black Myth: Wukong
People walk past the image of the ‘Monkey King’ character, or ‘Sun Wukong’ of Chinese action role-playing game ‘Black Myth: Wukong’, developed by Chinese video game company Game Science, during…
PDD just gave markets the latest warning on China’s consumer
PDD ‘s tumble of nearly 30% last week on disappointing quarterly results is a reminder that China’s consumer has largely moved on from its years of double-digit growth. The slowdown…
Dollar General (DG) earnings Q2 2024
A sign hangs above a Dollar General store in Chicago on Aug. 31, 2023. Scott Olson | Getty Images Dollar General shares tumbled Thursday after the discount retailer slashed its…
CRWD, BABA, INTC, ULTA and more
Check out the companies making headlines in premarket trading: CrowdStrike — Shares of the cloud security platform ticked up about 2% following an upgrade to buy from HSBC. Analyst Stephen…
INTC, ESTC, MDB and more
Check out the companies making headlines in midday trading: Intel — The chipmaker jumped about 9.5% on news that Intel is working with bankers to explore options to address weaknesses…
The legend leads Berkshire to new heights
Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2024. David A. Grogen | CNBC Warren Buffett turned 94 on…
Stocks making the biggest moves after hours: ULTA, DELL, LULU, MDB
Check out the companies making headlines in after-hours trading. Ulta Beauty — The beauty products retailer saw its shares fall nearly 7% after missing top and bottom line expectations in…
DG, AFRM, BBY and more
Check out the companies making headlines in midday trading. Dollar General – The discount retailer’s shares tumbled nearly 30% after the company slashed its sales and profit guidance for the…
China’s electric car race is becoming all about semiconductors
Shaoqing Ren, vice president, autonomous driving development, at Nio speaks about the electric company’s 5nm chip at its tech day in Shanghai on July 27, 2024. CNBC | Evelyn Cheng…
SMCI, BRK.A, ANF and more
Check out the companies making headlines in midday trading: Super Micro Computer — Shares shed 26% after the artificial intelligence server company said it would postpone filing its annual 10-K…
JD.com shares inch up after announcing $5 billion share buyback
JD.com set up an Innovative Retail division that houses its grocery business 7Fresh. Bloomberg | Bloomberg | Getty Images Hong Kong-listed shares of Chinese online retailer JD.com climbed 1.2% on…
PARA, LLY, NFLX, HSY and more
Check out the companies making headlines in midday trading: Paramount Global — The media conglomerate’s stock dropped more than 5% after Edgar Bronfman Jr. abandoned his pursuit of a takeover,…
BHP CEO expects a turnaround in China’s property sector in year ahead
The company logo adorns the side of the BHP gobal headquarters in Melbourne on February 21, 2023. – The Australian multinational, a leading producer of metallurgical coal, iron ore, nickel,…
Two major investor groups love these stocks, according to Goldman Sachs
Hedge funds and mutual funds — two of the biggest investor groups — piled into a handful of the same stocks last quarter in anticipation of changing market leadership and…
How a ‘seriously delinquent tax debt’ could get your passport revoked
Grace Cary | Moment | Getty Images Travelers, be warned: The federal government may revoke your passport if you ignore a big tax bill. Such punishments have become more frequent…
China’s earnings season is wrapping up. How to play what’s next
Major Chinese companies’ latest quarterly reports reinforce how the local market is one for stock pickers. “There has been outperformance, but it has been unique to certain companies,” Lorraine Tan,…
Dividend stocks as a hot play into fall due to Fed and interest rates
It appears more investors are eyeing dividend stocks ahead of the Federal Reserve’s interest rate decision in September. Paul Baiocchi of SS&C ALPS Advisors thinks it is a sound strategy…
How investors can prepare for lower interest rates
Federal Reserve Chairman Jerome Powell. Andrew Harnik | Getty Images Federal Reserve chair Jerome Powell on Friday gave the clearest indication yet that the central bank is likely to start…
Stocks making the biggest moves midday: CAVA, INTU, ROST, WDAY
Check out the companies making headlines in midday trading: Cava Group — Shares of the fast-casual restaurant chain popped 19.6% on stronger-than-expected quarterly results . Cava posted earnings of 17…
PTON, WDAY, CHWY and more
Check out the companies making headlines before the bell. Chewy — The pet retailer stock advanced more than 2% on an upgrade from Piper Sandler to outperform from neutral. Piper…
Stocks making biggest moves after hours: CAVA, UBER, ROST, WDAY
Customers take out food from a Cava restaurant in Chicago, Illinois, on May 28, 2024. Scott Olson | Getty Images Check out the companies making headlines after the bell: Cava…
British tech entrepreneur Mike Lynch found in Sicily yacht wreckage
Mike Lynch, former chief executive officer at Hewlett-Packard Co.’s Autonomy unit, speaking at a conference on Thursday, April 25, 2013. Bloomberg | Bloomberg | Getty Images LONDON — The body…
JD.com leads losses in Hong Kong, falling 10% after Walmart confirms stake sale
Signage at JD.com’s warehouse in Shanghai, China, on Mar. 9, 2022. The U.S. Securities and Exchange Commission on Wednesday added over 80 firms to its list of entities facing possible…
China’s antimony export controls rattle the tungsten industry
Pictured are are crystals of the antimony ore stibnite (antimony sulphide). Universalimagesgroup | Universal Images Group | Getty Images BEIJING — China’s latest export controls has rattled insiders of the…
Stocks making the biggest moves after hours: Toll Brothers, Microchip Technology and more
See which stocks are posting big moves after the bell.
Who is Mike Lynch, UK tech entrepreneur missing in superyacht sinking?
Mike Lynch, 59, is the founder of enterprise software firm Autonomy. He was acquitted of fraud charges in June after defending himself in a trial over allegations that he artificially…
AMD, HPQ, SG and more
Check out the companies making headlines in midday trading: Advanced Micro Devices — The chipmaker’s stock gained more than 4%. Advanced Micro Devices announced plans to buy server builder ZT…
Stocks making the biggest moves premarket: AMD, Estée Lauder, Dutch Bros., HP and more
These are the stocks posting the largest moves in premarket trading.
What to know before investing in buffer ETFs
Investors may want to consider buffer ETFs to hedge the recent market volatility. Bruce Bond, CEO of Innovator ETFs, sees an opportunity in buffer exchange-traded funds to offer some protection…
Here’s the deflation breakdown for July 2024 — in one chart
Fotostorm | E+ | Getty Images Inflation cooled below 3% in July 2024, the first time it dropped beneath that level in more than three years. While many areas of…
WMT, NKE, DELL, TPR and more
Check out the companies making headlines in midday trading. Walmart — Shares of the discount retailer jumped 6.6% on strong earnings. Walmart topped Wall Street’s quarterly estimates and lifted its…
H&R Block, Applied Materials, Microchip, JD.com and more
Check out the companies making headlines before the bell. Estee Lauder — The beauty company slipped nearly 2% after Bank of America downgraded the stock, citing headwinds in its China…
RKLB, BVNRY, HRB and more
Check out the companies making headlines in midday trading: Rocket Lab — The space company soared 12.5%, hitting a 52-week high, after packing and shipping two Mars-bound spacecraft to Cape…
China’s central bank says local government debt risks are declining
Pan Gongsheng, governor of the People’s Bank of China (PBOC), during the Lujiazui Forum in Shanghai, China, on Wednesday, June 19, 2024. Bloomberg | Bloomberg | Getty Images BEIJING —…
AMAT, ADSK, COHR and more
Check out the companies making headlines in extended trading. Applied Materials — The material engineering stock slipped 2.5% despite third-quarter earnings coming in better than analysts anticipated. Applied Materials earned…
Stocks making the biggest moves premarket: ULTA, WMT CSCO
Check out the companies making headlines before the bell. Ulta Beauty — Shares of the beauty retailer popped a whopping 13% in premarket trading after a regulatory filing revealed that…
CSCO, ULTA, NKE and more
Check out the companies making headlines in after-hours trading. Cisco Systems — The stock jumped 6% after the networking company reported an earnings and revenue beat for its fiscal fourth…
UBS CEO Ermotti says it is too early to talk about a U.S. recession
Sergio Ermotti, chief executive officer of UBS Group Stefan Wermuth | Bloomberg | Getty Images ZURICH, Switzerland ꟷ UBS CEO Sergio Ermotti said Wednesday that market volatility could intensify in…
SBUX, CMG, HD, TME and more
Check out the companies making headlines in midday trading. Starbucks , Chipotle Mexican Grill — Starbucks stock shot up 21% after the coffee chain ousted CEO Laxman Narasimhan effective immediately…
Chinese EV company Zeekr says its battery can charge faster than Tesla
EMBARGOED TO 1910 SG (1210 LONDON) ON TUES AUG 13 2024 The New York Stock Exchange welcomes Zeekr Intelligent Technology Holding Limited in celebration of its initial public offering on…
JBLU, HE, KEY, MNDY and more
Check out the companies making headlines in midday trading: JetBlue — Shares sank more than 20% after the airline said it plans to sell $400 million of five-year convertible senior…
Inflation spike in Europe is tied to the Olympics, Taylor Swift: UBS
A general view of the Eiffel Tower with the Olympics rings pictured with national flags of competing countries from the Place du Trocadero ahead of Paris 2024 Olympic Games on…
China stocks escaped much of the latest sell-off
The latest global market volatility has reinforced China’s status as a distinct market, even if its growth has slowed recently. While U.S. tech stocks plunged and Japanese stocks swung wildly…
Stocks making the biggest moves midday: LLY, UAA, WBD
Eli Lilly — The drug maker’s stock surged more than 9% after the firm reported second-quarter earnings and revenue that blew past expectations. Eli Lilly also hiked its full-year revenue…
Stocks making the biggest moves premarket: Taiwan Semiconductor, Insulet, Paramount Global and more
These are the stocks posting the largest moves in premarket trading.
Unemployment insurance program is unprepared for a recession: experts
Job seekers attends the JobNewsUSA.com South Florida Job Fair on June 26, 2024 in Sunrise, Florida. Joe Raedle | Getty Images Renewed fears of a U.S. recession have put a…
SG, DOCS, ELF and more
Check out the companies making headlines in midday trading: Sweetgreen — Shares of the salad chain popped more than 33% after the company reported second-quarter revenue of $184.6 million, topping…
Container explodes on cargo ship at China’s key Ningbo port
An aerial photo is showing containers at Beilun Port in Ningbo, Zhejiang province, China, on April 11, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — A hazardous goods container…
Stocks making the biggest moves after hours: PARA, EXPE, ELF
Check out the companies making headlines in after-hours trading. Paramount Global — The media company jumped 5.7% after posting a massive earnings beat for the second quarter, reporting earnings of…
Why Italy could see big M&A deals in banking
Banking analysts assess the possibility of a banking merger in Italy. Bloomberg | Bloomberg | Getty Images MILAN, Italy — European policymakers have longed for bigger banks across the continent.…
Jamie Dimon still sees a recession ahead
JPMorgan Chase CEO Jamie Dimon said Wednesday he still believes that the odds of a “soft landing” for the U.S. economy are around 35% to 40%, making recession the most…
Markets are counting on the Fed to head off recession with sizable interest rate cuts
Federal Reserve Chairman Jerome Powell takes a question from a reporter during a news conference following a Federal Open Market Committee meeting at the William McChesney Martin Jr. Federal Reserve…
Case for buying bonds amid stock market volatility
Investors may want to consider bonds to help navigate the market’s recent volatility. Joanna Gallegos, BondBloxx co-founder and CEO, recommends prioritizing income and high-yield bonds. “It can be really important…
Stocks making the biggest moves after hours: PLTR, LCID, CSX
Check out the companies making headlines after the bell : Palantir Technologies — Shares of Palantir Technologies popped more than 15% after the company beat second-quarter estimates and upped its…
San Francisco Fed President Daly sees interest rate cuts coming as labor market weakens
Mary Daly, president of the Federal Reserve Bank of San Francisco, during the National Association of Business Economics (NABE) economic policy conference in Washington, DC, US, on Friday, Feb. 16,…
Stocks making the biggest moves premarket: XOM, INTC, AAPL, SNAP
Check out the companies making headlines before the bell: Exxon Mobil — The energy giant reported a stronger-than-expected profit for the second quarter amid record production in Guyana and the…
China’s slower growth hasn’t dragged down this consumer name
In a summer of cool consumer spending, Chinese toy company Pop Mart alerted investors to double-digit growth in the first half of the year: it now expects revenue to rise…