Month: July 2024
CrowdStrike shares tumble as fallout from global tech outage continues
George Kurtz, president CEO and Co-Founder at CrowdStrike speaks at the WSJTECH live conference in Laguna Beach, California, U.S. October 21, 2019. Mike Blake | Reuters CrowdStrike shares slipped as much as 13% on Monday morning, as the cybersecurity software company continued to help clients across industries recover from an outage that took millions of […]
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McDonald’s to extend $5 value meal in most U.S. markets as diners return to restaurants
In an aerial view, a customer walks by a sign as they leave a McDonald’s restaurant in San Pablo, California, on April 3, 2023. Justin Sullivan | Getty Images McDonald’s will extend its $5 value meal beyond its initial four-week window in most of its U.S. markets as the fast-food giant says the offer is […]
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Secret Service chief Kimberly Cheatle tells House ‘we failed’ Trump and others at rally shooting
Embattled Secret Service Director Kimberly Cheatle told a House panel on Monday that “we failed” to maintain the agency’s “solemn mission to protect our nation’s leaders” during the attempted assassination of former President Donald Trump on July 13. “We must learn what happened and I will move heaven and earth to ensure an incident like […]
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Warren Buffett’s Berkshire trims Bank of America stake for the first time since 2019 after strong rally
In this article BAC BRK.A Follow your favorite stocksCREATE FREE ACCOUNT 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 Berkshire Hathaway trimmed its gigantic Bank of America holding for the first time in four and a half […]
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Stocks making the biggest moves premarket: CrowdStrike, Bank of America, Nvidia, Verizon and more
Check out the companies making headlines before the bell: CrowdStrike — The cybersecurity stock dropped 4% after Guggenheim downgraded CrowdStrike to neutral from buy, saying the company is unlikely to emerge unscathed from the global outage. Nvidia — Shares gained 2% after Reuters, citing people familiar with the matter, reported Nvidia is preparing a version […]
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Automakers report earnings this week. GM is set to be the standout
General Motors CEO Mary Barra, center, at the New York Stock Exchange, Nov. 17, 2022. Source: NYSE DETROIT — Wall Street expects General Motors to be the standout among the traditional Detroit automakers when they report second-quarter results this week, with sales and vehicle prices stable during the first half of the year for America’s […]
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Korean Air orders at least 40 Boeing wide-body planes in a vote of confidence for the manufacturer
A Boeing 777X airplane takes off during its first test flight from the company’s plant in Everett, Washington, January 25, 2020. Terray Sylvester | Reuters FARNBOROUGH, England — Boeing won orders for at least 40 wide-body jetliners from Korean Air, including the yet-to-be-certified 777X jetliner, in a vote of confidence for the struggling manufacturer. The […]
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Kamala Harris needs to win over her doubters and detractors, analysts say — and soon
Vice President Kamala Harris speaks during a political event at the Air Zoo Aerospace & Science Experience in Portage, Michigan, on July 17, 2024. Jeff Kowalsky | AFP | Getty Images The pressure is on Vice President Kamala Harris to turn around her political fortunes and win the Democratic Party’s nomination, analysts say, after U.S. President Joe […]
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CNBC takes a tour of Ferrari’s new e-building
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC gained exclusive access to Ferrari’s HQ in Maranello, Italy, to explore the company’s new ventures into electrification. — Charlotte Reed, Vivi Vitalone, Ed Matthews and Itunu Olowookere contributed to this report. Source
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Ryanair shares tumble 13% as budget airline reports 46% fall in quarterly profit, sees lower fares
A Ryanair passenger plane lands at Cologne/Bonn Airport. Thomas Banneyer | Picture Alliance | Getty Images Ryanair shares fell on Monday after the company said its quarterly profit after tax had fallen 46% and fares will be lower than expected in the summer months. At 10:18 a.m. London time, Ryanair shares were down 13.59%. The […]
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