Day: December 11, 2024
Stock futures are flat after Nasdaq notches record close above 20,000: Live updates
A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell on November 26, 2024, in New York City. Timothy A. Clary | Afp | Getty Images U.S. stock futures were little changed Wednesday night after the tech-heavy Nasdaq Composite finished above the 20,000 level for the first time. […]
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Indian outbound travel will be ‘the story’ of the next decade, says Hilton executive
Indian travelers spent $34.2 billion on outbound travel in 2023, according to the World Travel & Tourism Council. But the current level of Indian travel is “minuscule” compared with what’s to come, Alan Watts, Hilton’s Asia-Pacific president, told “Squawk Box Asia” Monday. “The story for India is before us,” he said. “India outbound will be […]
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Analysts have hiked price targets on these 5 stocks ahead of earnings next month
Analysts have hiked price targets on these 5 stocks ahead of earnings next month A large number of Wall Street analysts have turned bullish on five stocks ahead of their quarterly earnings reports. The U.S.-listed stocks are Costco , Amazon , Robinhood , Deckers Outdoors and Synchrony Financial . CNBC Pro screened for Buy-rated stocks […]
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Stocks making the biggest moves after hours: Adobe, Chewy, Oxford Industries and more
Check out the companies making headlines in extended trading. Adobe — The software company fell 8% after issuing lighter-than-expected revenue estimates for the fiscal first quarter. Adobe guided for revenues between $5.63 billion and $5.68 billion in the period, lower than the consensus estimate of $5.73 billion, according to LSEG. Meanwhile, the company’s adjusted earnings […]
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Whoopi Goldberg aims to raise awareness about women’s sports with new network
Hollywood icon Whoopi Goldberg hopes her newly launched All Women’s Sports Network will bring more attention to women’s sports. Goldberg started the network with George Chung, co-founder of international media holding company Jungo TV. It’s the first global media channel dedicated exclusively to highlighting women’s sports and is available in the U.S. on the free […]
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Alphabet and Tesla reach fresh records, joining Amazon and Meta and pushing Nasdaq past 20,000
Tech stocks on display at the Nasdaq. Peter Kramer | CNBC Alphabet and Tesla climbed to fresh records on Wednesday, closing at all-time highs alongside Amazon and Meta as the tech megacaps lifted the Nasdaq past 20,000 for the first time. Tech’s seven trillion-dollar companies added roughly $416 billion in market cap for the day. […]
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How Alphabet’s unexpected quantum rally pushed the Nasdaq to new highs
The Nasdaq Composite crossed a closely followed mark for the first time ever on Wednesday. Investors can thank Alphabet ‘s breakout on the back of a quantum announcement. The tech-heavy index eclipsed the 20,000 level , while the more-concentrated Nasdaq 100 also touched all-time highs. One of the best performers within tech was the Google […]
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FBI Director Christopher Wray to resign before Trump takes office
FBI Director Christopher Wray walks into a secure information area ahead of a closed-door security meeting on Capitol Hill in Washington on Sept. 25, 2024. Tom Brenner | The Washington Post | Getty Images Federal Bureau of Investigation Director Christopher Wray announced Wednesday that he will resign by the end of the Biden administration next […]
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Facebook, Instagram and other Meta apps go down due to ‘technical issue’
Mark Zuckerberg, CEO of Meta Platforms, during the Meta Connect event in Menlo Park, California, on Sept. 25, 2024. David Paul Morris | Bloomberg | Getty Images Meta’s family of apps including Facebook and Instagram were down on Wednesday, resulting in users being unable to access the services. The widespread outages began around 9:57 a.m. […]
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Budget deficit swells in November, pushing fiscal 2025 shortfall 64% higher than a year ago
The US Treasury building in Washington, DC, US, on Tuesday, Aug. 15, 2023. Nathan Howard | Bloomberg | Getty Images The U.S. budget deficit swelled in November, putting fiscal 2025 already at a much faster pace than a year ago when the shortfall topped $1.8 trillion, the Treasury Department reported Wednesday. For the month, the […]
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