Day: August 6, 2024
Consumer giants from Starbucks to General Mills have one big sales problem: China
Pictured here is a McDonald’s store in Yichang, Hubei province, China, on July 30, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — A theme emerging in the latest slew of U.S. companies’ earnings reports is a drag from the China market. The Chinese economy — home to more than four times the population of […]
Read More
Macquarie names 10 ‘highest conviction’ Asia stocks that have ‘borne the brunt’ of recent sell-off
Macquarie named its 10 “highest conviction” stocks that it believes present buying opportunities for investors amid the current market volatility and sharp sell-off across global markets. The Australian investment bank’s analysis comes as markets grapple with concerns over a potential U.S. recession and the unwinding of the Japanese yen carry trade. In response, Japan’s stock […]
Read More
The world’s top 150 insurtech companies: 2024
News Tips Got a confidential news tip? We want to hear from you. Get In Touch CNBC Newsletters Sign up for free newsletters and get more CNBC delivered to your inbox Sign Up Now Get this delivered to your inbox, and more info about our products and services. Advertise With Us Please Contact Us © […]
Read More
The case for buying bonds right now
ETF Edge The case for buying bonds right now Published Tue, Aug 6 20247:00 PM EDT Ellie Stevens@elliestevens02 WATCH LIVE Source
Read More
Trump quiet on markets after stock rebound robs him of ‘Kamala Crash’ attack line
After using the market’s global sell-off as an opportunity to attack Vice President Kamala Harris, former President Donald Trump and his Republican allies were noticeably quieter Tuesday, as stocks gained back some of their losses. The S&P 500 closed just over 1% higher on Tuesday, while the Dow Jones Industrial Average was up nearly 300 […]
Read More
Airbnb shares drop 14% on earnings miss as company warns of slowing U.S. demand
Airbnb CEO and co-founder Brian Chesky speaks at The Fast Company Innovation Festival on September 21, 2022, in New York. Eugene Gologursky | Getty Images Entertainment | Getty Images Airbnb shares dropped 14% in after-hours trading after the company reported second-quarter earnings that missed analyst expectations and warned that it’s seeing signs of slowing demand […]
Read More
Watch Live: Walz and Harris hold first rally as running mates
This stream is set to begin at 5:30 p.m. ET. Please refresh if video hasn’t started. Minnesota Gov. Tim Walz is set to deliver his first speech as the newly minted running mate of Vice President Kamala Harris at a rally in Philadelphia on Tuesday evening. “I couldn’t be prouder to be on this ticket, and […]
Read More
Federal safety hearing over 737 Max blowout puts Boeing, Spirit AeroSystems factories in spotlight
Jennifer Homendy, Chair of the National Transportation Safety Board, speaks during investigative hearing, into the blowout of a left mid exit door plug on a Boeing 737-9 MAX during Alaska Airlines Flight 1282 flight on January 5, 2024, at the National Transportation Safety Board headquarters in Washington D.C. United States on August 6, 2024. (Photo […]
Read More
Airbnb supply is outstripping demand, says Needham’s Bernie McTernan
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Closing Bell: Overtime Bernie McTernan, Needham Senior Analyst, joins ‘Closing Bell Overtime’ to talk Airbnb’s quarterly results and stock reaction. 03:18 4 minutes ago Source
Read More
Stocks making the biggest moves after hours: Airbnb, Super Micro Computer, Tripadvisor, Wynn Resorts and more
Check out the companies making headlines in midday trading. Airbnb — The online booking company plunged 13% after second-quarter earnings missed Wall Street estimates. Airbnb reported earnings of 86 cents per share, while analysts polled by LSEG were looking for 92 cents. The company also said it’s seeing signs of slowing demand from its U.S. […]
Read More