Month: July 2023
Stocks making the biggest moves midday: Spotify, RTX, General Electric and more
In this article ALK A PKG NXPI SPOT MMM Follow your favorite stocksCREATE FREE ACCOUNT Jonathan Raa | Nurphoto | Getty Images Check out the companies making headlines in midday trading. 3M – Shares of the chemical manufacturer rose 5.5% following the company’s latest earnings report. 3M posted $7.99 billion in revenue, beating analysts’ estimates […]
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Meta’s Threads just bought an update that customers have been begging for
In this photo illustration, the Threads brand by META is displayed on a smartphone with Twitter symbol in the background. Threads is the new social network from Meta Platforms which was launched on the 5th of July 2023. Omar Marques | Nurphoto | Getty Visuals Meta‘s new textual content-dependent social media application Threads introduced a […]
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UPS, Teamsters reach labor deal to avoid strike
United Parcel Service (UPS) driver pushes a dolly of packages towards a delivery van on a street in New York. Victor J. Blue | Bloomberg | Getty Images UPS and the union representing more than 300,000 workers at the package carrier on Tuesday said they reached a preliminary labor deal, narrowly avoiding a strike that […]
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RTX tumbles right after disclosing jet-motor difficulty will demand accelerated inspections
A Pratt & Whitney PW1000G turbofan motor sits on the wing of an Airbus A320neo plane through a supply ceremony outside the house the Airbus Group SE manufacturing unit in Hamburg, Germany, on Friday, Feb. 12, 2016. Bloomberg | Krisztian Bocsi Shares of RTX tumbled 14% Tuesday immediately after the aerospace large reported a manufacturing […]
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Microsoft established to report earnings after the shut
Microsoft CEO Satya Nadella seems at an event with senior officials and CEOs in the East Space of the White Dwelling in Washington on June 22, 2023. Chris Kleponis | CNP | Bloomberg | Getty Visuals Microsoft will report final results for its fiscal fourth quarter just after market place near on Tuesday. In this […]
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Alphabet to report next-quarter results after the bell
Sundar Pichai, CEO, Alphabet Inc., in the course of the Google I/O builders meeting in Mountain See, California, May well 10, 2023. David Paul Morris | Bloomberg | Getty Pictures Alphabet will report 2nd-quarter earnings soon after the near of normal investing on Tuesday. Here’s what Wall Avenue is expecting: Earnings: $1.34 per share, modified, […]
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OpenAI’s ChatGPT application now offered for Android
OpenAI CEO Sam Altman speaks for the duration of a keynote handle saying ChatGPT integration for Bing at Microsoft in Redmond, Washington, Feb. 7, 2023. Jason Redmond | AFP | Getty Illustrations or photos OpenAI, the buzzy AI startup backed by Microsoft, debuted the Android version of its ChatGPT app on Tuesday. The app’s rollout […]
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Why Cramer thinks this retailer is the ‘ultimate trade-down play’
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. Health care in focus ‘Ultimate trade-down play’ Watch the Bullpen 1. Health care in focus Club holdings Danaher (DHR) and GE Healthcare (GEHC) reported better-than-expected earnings before the bell Tuesday. […]
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Home prices continue to climb with ‘striking’ regional differences, says S&P Case-Shiller
A house is for sale in Arlington, Virginia, July 13, 2023. Saul Loeb | AFP | Getty Images Home prices in May rose for the fourth straight month on the S&P CoreLogic Case-Shiller home price index, but regional differences are widening. The gains come despite a sharp jump in mortgage interest rates during the month. […]
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GM blames supplier for slow EV production, says Chevy Bolt EV will live on
GM Chair and CEO Mary Barra addresses investors Oct. 6, 2021 at the GM Tech Center in Warren, Michigan. Photo by Steve Fecht for General Motors DETROIT — General Motors CEO Mary Barra on Tuesday blamed a supplier of automation equipment for the slow ramp-up of GM’s new electric vehicles, after Wall Street criticized the […]
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