Month: July 2024
Republican representatives call on CrowdStrike CEO George Kurtz to testify
Passengers seen waiting after a major disruption in Microsoft Corp.’s cloud services caused widespread flight cancellations and delays at T3 IGI Airport in New Delhi, India, on July 19, 2024. Vipin Kumar | Hindustan Times | Getty Images Republican representatives on Monday called on CrowdStrike CEO George Kurtz to testify in front of the House Committee […]
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Stocks making the biggest moves after hours: Cleveland-Cliffs, Nucor, NXP Semiconductors and more
Check out the companies making headlines in after-hours trading: Cleveland-Cliffs — The steel producer added 1.6%. Cleveland-Cliffs said it was lowering its outlook for capital expenditures and was on pace to hit its target for cost reductions. On the other hand, the company saw $5.09 billion in revenue for the second quarter, under the consensus […]
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Spotify, Tesla among stocks with earnings this week that could see big moves
Second-quarter earnings season is in full swing, and several high-profile companies could see big moves in their stock prices this week once their results are public. CNBC Pro screened FactSet data to find the companies reporting this week that have the biggest expected post-earnings moves, up or down, as implied by pricing in the options […]
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Warner Bros. Discovery tells NBA it intends to match Amazon’s media rights package
Warner Bros. Discovery said Monday it has informed the National Basketball Association that it intends to use its matching rights for a package of games earmarked for another company. Warner Bros. Discovery is targeting the deal between the NBC and Amazon Prime Video, according to a person familiar with the matter. “In an effort to […]
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Tesla reports second-quarter earnings on Tuesday and investors want a robotaxi update
Elon Musk speaking during the Tesla Annual Shareholder’s meeting in Austin, Texas on June 13th, 2024. Source: Tesla Inc. Tesla will report second-quarter earnings after the bell on Tuesday. The company’s vehicle deliveries report on July 2 was better than analysts feared, but still represented a decline from the previous year. The earnings call on […]
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How Biden’s unpopular economic record could be a challenge for Kamala Harris
As the frontrunner for the Democratic party’s nomination, Kamala Harris will have to run, for better or worse, on President Joe Biden’s economic record. That could be problematic for the vice president, who is being regarded as the near-certain replacement for Biden on the party ticket. While Biden-Harris can lay claim to a number of […]
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Ether dips below $3,500 ahead of anticipated U.S. launch of spot ether ETFs: CNBC Crypto World
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, David Duong, […]
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Stocks making the biggest moves midday: Ryanair, CrowdStrike, IQVIA Holdings and more
Check out the companies making headlines in midday trading: Ryanair — Shares fell 16% after the budget airline reported weaker-than-expected fiscal first-quarter earnings . The company said its quarterly profit after tax had fallen 46% and that it expects fares to be lower than expected in the summer months. CrowdStrike — The cybersecurity stock plunged […]
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Buyout firm L Catterton approaches Mattel with acquisition offer, Reuters sources say
The logo of US toy company Mattel is seen at the 72nd toy fair (Spielwarenmesse) in Nuremberg, southern Germany, on February 2, 2023. Christof Stache | AFP | Getty Images L Catterton, the private equity firm backed by luxury goods giant LVMH, has approached Mattel, the toy maker behind Barbie and Hot Wheels, with an […]
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UK planned to spend 10 billion pounds on Rwanda asylum scheme, minister says
Britain in April struck up a £120 million ($148 million) deal with Kigali to send some migrants, who had reached the U.K. illegally by crossing the Channel in small boats from Europe, to live in Rwanda. Gareth Fuller – Pa Images | Pa Images | Getty Images Britain’s previous government had planned to spend 10 […]
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