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BlackRock launches ETF that expands beyond the ‘Magnificent Seven’
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BlackRock launches ETF that expands beyond the ‘Magnificent Seven’
Finance
Stocks making the biggest moves after hours: Starbucks, LendingClub, F5, Qorvo and more
Check out the companies making headlines in extended trading. Starbucks —The coffee chain gained more than 2% after better-than-expected quarterly results. Starbucks notched fiscal first-quarter earnings of 69 cents per share on revenue of $9.40 billion, while analysts polled by LSEG were looking for 67 cents per share and $9.31 billion. Same-store sales declined for […]
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Finance
Steve Cohen says AI will be decades-long theme, but Monday proves it won’t be a ‘straight line’
Steve Cohen, chairman and CEO Point72 speaking to CNBC on April 3rd, 2024. CNBC MIAMI BEACH, FL. — Billionaire investor Steve Cohen is standing by his long-term bullish view of artificial intelligence despite the wild volatility recently, saying the transformational shift could take decades to realize. “This is a 10- to 20-year theme. It’s gonna […]
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Finance
Stocks making the biggest moves midday: General Motors, Lockheed Martin, Nvidia and more
Check out the companies making headlines in midday trading: JetBlue — Shares plunged 26% after the airline shared a disappointing cost outlook . JetBlue estimated that its unit costs, excluding fuel, could rise as much as 7% year over year in 2025 and 10% year over year for the first quarter. Despite this, JetBlue beat […]
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