Month: December 2024
ETFs will soon beat mutual funds among financial advisor holdings, report finds
ETF Strategist ETFs will soon beat mutual funds among financial advisor holdings, report finds Published Tue, Dec 17 20241:14 PM EST Greg Iacurci@GregIacurci WATCH LIVE Source
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Starbucks union votes to authorize strike ahead of this year’s last scheduled bargaining session
A Starbucks worker boards the Starbucks union bus after Starbucks workers stood on the picket line with striking SAG-AFTRA and Writers Guild of America members in solidarity outside Netflix studios in Los Angeles on July 28, 2023. Mario Tama | Getty Images Starbucks Workers United said Tuesday that 98% of union baristas have voted to […]
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Earnings growth can help stave off stock market valuation concerns in 2025, ETF firms say
Market strategists at major ETF firms are optimistic about the stock market rally continuing in 2025, expecting large tech stocks to keep generating solid earnings and stave off valuation concerns in the near term. “We anticipate that US Large Cap equity can maintain its structural advantage over developed markets (DM) equities. US companies continue to […]
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Stocks making the biggest moves midday: Pfizer, Broadcom, Teva Pharmaceuticals and more
Check out the companies making headlines in midday trading: Teva Pharmaceuticals , Sanofi — Shares of Teva Pharmaceuticals and Sanofi rose more than 23% and 6%, respectively, after the companies announced positive Phase 2b results for duvakitug, their joint treatment of moderate to severe inflammatory bowel disease. Pfizer — Shares traded around 4% higher on […]
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Watch CNBC’s full interview with fashion legend Diane von Furstenberg
Fashion tour de force Diane von Furstenberg spoke exclusively with CNBC’s Tania Bryer at her home in Venice, Italy. In this CNBC Conversation, she discussed the 15th anniversary of the DVF Awards and the enduring success of her iconic wrap dress, which celebrated 50 years in 2024. Tania also spoke to honorees and attendees at […]
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Why the Dow is in such a historic funk and how concerned you should be
Key Points The biggest laggard in the Dow Jones Industrial Average has been UnitedHealth, which has contributed to more than half of the decline over the past eight sessions. There’s a rotation going on with investors selling out of the cyclical names in the 30-stock Dow that initially popped on Trump’s reelection. There are many […]
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Trump trade counselor Peter Navarro says planned tariffs won’t spur inflation
Former director of the US Office of Trade and Manufacturing Policy Peter Navarro speaks on stage with his “Wife Bonnie” on the third day of the Republican National Convention at the Fiserv Forum on July 17, 2024 in Milwaukee, Wisconsin. Chip Somodevilla | Getty Images Peter Navarro, who is set to become the top trade […]
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CrowdStrike moves to dismiss Delta Air Lines suit, citing contract terms
A Boeing 767-332(ER) from Delta Air Lines takes off from Barcelona El Prat Airport in Barcelona, Spain, on October 8, 2024. Joan Valls | Nurphoto | Getty Images CrowdStrike moved Monday evening to dismiss Delta Air Lines’ lawsuit around the July cybersecurity outage that led to canceled flights and stranded passengers, arguing that the airline’s […]
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Databricks announces $10 billion financing at $62 billion valuation
Close-up of Databricks company logo on building facade, Rincon Hill, San Francisco, June 7, 2024. Smith Collection/ gado | Archive Photos | Getty Images Databricks, one of the most valuable privately held companies, announced a $10 billion financing on Tuesday that values the software maker at $62 billion. With the money, Databricks will be able […]
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Dexcom’s over-the-counter glucose monitor now offers users an AI summary of how sleep, meals and more impact sugar levels
The Dexcom logo is seen on a smartphone screen and in the background. Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Dexcom on Tuesday announced an artificial intelligence feature for its Stelo continuous glucose monitor that gives users a personalized look into how meals, sleep and activity impact their glucose levels. It’s the […]
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