Day: December 19, 2024
Stock futures tick higher as traders await the Fed’s preferred inflation reading: Live updates
Traders work at the New York Stock Exchange on Dec. 17, 2024. NYSE U.S. stock futures were slightly higher on Thursday evening as traders anticipate the latest reading of the Federal Reserve’s favorite inflation gauge. Futures tied to the Dow Jones Industrial Average rose 33 points, or about 0.1%. S&P 500 futures and Nasdaq 100 […]
Read More
Want to buy the dip in energy? Bernstein names a top pick with almost 50% upside
European utilities and clean energy had an underwhelming performance in 2024, but Bernstein sees bright spots within the sector to play in the year ahead. “We have a bias towards companies loading up on the visible capex [capital expenditure] cycle in electricity networks,” the investment bank’s analysts wrote in a Dec. 9 note. Here are […]
Read More
Stocks making the biggest moves after hours: FedEx, Nike, U.S. Steel and more
Check out the companies making headlines in after-hours trading. FedEx – Shares rose 8% following the delivery giant’s better-than-expected earnings. For its fiscal second quarter, FedEx reported adjusted earnings of $4.05 per share, above the $3.90 per share that analysts surveyed by LSEG were expecting. Revenue, however, came in weaker-than-expected. The company also announced that […]
Read More
Pro pickleball players are now getting a higher salary than WNBA, NWSL players
NEW YORK CITY, NY – SEPTEMBER 21: Anna Leigh Waters of the New Jersey Fives rallies the ball during a Major League Pickleball match on September 21, 2024 at Wollman Rink in New York, New York. (Photo by Andrew Mordzynski/Icon Sportswire via Getty Images) Icon Sportswire | Icon Sportswire | Getty Images Pickleball is paying […]
Read More
Trump endorses House GOP deal to avert government shutdown, suspend debt ceiling
WASHINGTON — President-elect Donald Trump endorsed a House Republican deal Thursday to fund the government for three months and avert a shutdown that would have begun late Friday night. “SUCCESS in Washington!” Trump posted Thursday afternoon, as negotiations ended in House Speaker Mike Johnson’s offices in the Capitol. “The newly agreed to American Relief Act […]
Read More
Bitcoin falls below $100K after Fed signals fewer rate cuts in 2025: 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, SEC Commissioner […]
Read More
Father, son plead guilty in $100 million New Jersey deli stock scheme
Peter Coker Sr. and his wife Susan Coker at U.S. District Court in Newark, New Jersey, March 15, 2023. Dan Mangan | CNBC Peter Coker Jr., left, is issued search warrants from police at his villa on the southern resort island of Phuket, Thailand, Jan. 11, 2023. Crime Suppression Division, Royal Thai Police | AP […]
Read More
Amazon workers strike across seven facilities at peak of holiday shopping season
An Amazon delivery truck passes people holding signs and marching during a strike by Teamsters union members at an Amazon facility in Alpharetta, Georgia, U.S. December 19, 2024. REUTERS/Elijah Nouvelage Elijah Nouvelage | Reuters Amazon workers across seven facilities in New York, Georgia, California and Illinois went on strike on Thursday to lobby for better […]
Read More
Norwegian Cruise Line CEO on consumer demand and strength of the economy
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Harry Sommer, Norwegian Cruise Line CEO, and CNBC’s Seema Mody join ‘The Exchange’ to discuss the state of the consumer, his outlook on Norwegian and the cruise industry going into next year, and more. Source
Read More
Stocks making the biggest moves midday: Darden Restaurants, Micron Technology, Lamb Weston, Hims & Hers and more
Check out the companies making headlines in midday trading. Hims & Hers — Shares of the telehealth startup shares lost more than 10% after the U.S. Food and Drugs Administration said the active ingredient in Eli Lilly’s Mounjaro and weight loss drug Zepbound is no longer in shortage . Hims & Hers gives access to […]
Read More