Month: February 2026
Trump says he’ll stay out of Netflix, Paramount Skydance fight to take over WBD
U.S. President Donald Trump speaks before signing executive orders in the Oval Office in the White House in Washington, DC, on Jan. 30, 2026. Annabelle Gordon | Afp | Getty Images President Donald Trump said in a new interview on Wednesday did an about-face and said that he will not be involved in the fight […]
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Ciena returns to S&P 500 after getting booted 17 years ago
Gary Smith, chief executive officer and president of Ciena Corp., speaks during a Bloomberg Television interview in New York on June 14, 2013. Scott Eells | Bloomberg | Getty Images Networking hardware maker Ciena will join the S&P 500, returning to the benchmark after getting booted 17 years ago. The stock rose in extended trading. […]
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Jim Cramer says the tech sell-off proves why this old investing rule still matters
The action on Wall Street this week is a reminder of the importance of portfolio diversification, CNBC’s Jim Cramer said Wednesday, as tech-only portfolios have been getting beaten down during the bout of volatility. “Tech’s a good part of the market, it’s just that many of these stocks suddenly aren’t worth as much as we […]
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Qualcomm stock sinks as memory shortage drags on forecast
President and CEO of Qualcomm Cristiano Amon delivers a speech at the Web Summit at Parque das Nacoes in Lisbon, on November 12, 2024. Patricia De Melo Moreira | AFP | Getty Images Qualcomm reported fiscal first-quarter earnings on Wednesday that beat expectations, but the company’s forecast came up short because of the global memory […]
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E.l.f. Beauty posts earnings beat, raises full-year guidance
Elf Beauty cosmetics Courtesy: e.l.f Beauty E.l.f. Beauty reported a huge earnings beat Wednesday and raised its guidance for the fiscal year. E.l.f. stock was up as much as 15% in after-hours trading before losing the majority of those gains. Here’s what the company reported for the third fiscal quarter, compared with analyst estimates from […]
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Broadcom, Nvidia shares rise on surging Google capital expenditures for AI
Broadcom shares climbed 6% in extended trading Wednesday after Google reported earnings and surging capital expenditures for artificial intelligence. Google said Wednesday that it expects to spend as much as $185 billion on capital expenditures this year, which is nearly double what it spent last year. Ben Reitzes, Melius Research head of technology research, said […]
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Snap shares rise on fourth-quarter earnings that beat on sales
Evan Spiegel, CEO of Snap Inc. attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, U.S., on July 9, 2025. David A. Grogan | CNBC Snap shares were up over 5 percent in after-hours trading on Wednesday after the Snapchat-parent released fourth-quarter earnings […]
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BetMGM reports rapid growth as MGM Q4 earnings results beat estimates
CNBC’s Contessa Brewer reports on casino stocks. Source
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Democrats lay out demands in prickly DHS funding fight as Republicans balk
U.S. Senate Minority Leader Chuck Schumer (D-N.Y.) holds a press conference following the Democratic weekly policy lunch on Capitol Hill in Washington, D.C., U.S., Feb. 3, 2026. Annabelle Gordon | Reuters House and Senate Democrats on Wednesday laid out their demands for immigration enforcement reform as Congress races to avoid a shutdown at the Department […]
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Alphabet earnings are out after market close. Here’s what Wall Street is watching
Google parent Alphabet has become a key winner in the artificial intelligence race. Its upcoming quarterly results could determine how far the stock can go from here. Shares of Alphabet have gained more than 8% year to date and 64% over the past 12 months, making a huge comeback from its initial slump as the […]
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