Finance
China gears up for a big week as markets await U.S. elections and stimulus details
Key Points Investors expect details on China’s fiscal stimulus plans be come out Friday, after Beijing considers the U.S. presidential election earlier in the week. “The size of China’s fiscal stimulus package would be around 10~20% bigger under a Trump win than under the scenario of a Harris win,” Ting Lu, chief China economist at […]
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Stocks making the biggest moves midday: Intel, Amazon, Boeing, Chevron and more
Check out the companies making headlines in midday trading: Cardinal Health — The health-care services provider gained 5.5%, hitting a new 52-week high, after Cardinal exceeded fiscal first-quarter earnings expectations and lifted its adjusted earnings outlook for fiscal 2025. The company posted earnings of $1.88 per share, excluding items, on revenue of $52.28 billion. Analysts […]
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Stocks making the biggest moves premarket: Amazon, Apple, Atlassian and more
Check out the companies making headlines before the bell. Amazon — The e-commerce giant popped 7% after posting stronger-than-expected earnings and robust cloud and advertising growth. Revenues for its Amazon Web Services grew 19% on a year-over-year basis. Apple — Shares dropped 1.6% even after the technology giant surpassed top-and-bottom line estimates for the recent […]
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BlackRock launches ETF that expands beyond the ‘Magnificent Seven’
ETF Edge BlackRock launches ETF that expands beyond the ‘Magnificent Seven’ Published Thu, Oct 31 20247:00 PM EDTUpdated 54 Min Ago Krysta Escobar WATCH LIVE Source
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Stocks making the biggest moves after hours: Amazon, Apple, Intel and more
Check out the companies making headlines in extended trading. Amazon — The e-commerce giant popped 4.7% after beating earnings expectations on both lines in the third quarter. Amazon reported $1.43 earned per share on revenue of $158.88 billion, while analysts polled by LSEG expected $1.14 and $157.2 billion, respectively. The firm said both its cloud […]
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Stocks making the biggest moves midday: Peloton, Super Micro Computer, Robinhood, Estee Lauder and more
Check out the companies making headlines in midday trading. Peloton — Shares soared 28% after the exercise equipment company posted better-than-expected results for its fiscal first quarter and raised its full-year profit outlook. Peloton also announced that Ford executive Peter Stern will serve as its next CEO starting January. Carvana — The used car platform […]
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Stocks making biggest moves premarket: Carvana, eBay, Microsoft, Uber Technologies and more
Check out the companies making headlines before the market open. Carvana – Shares surged more than 19% on the heels of a third-quarter earnings and revenue beat . For the period, Carvana earned 64 cents per share on $3.65 billion in revenue, above the 25 cents per share and $3.45 billion that analysts surveyed by […]
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Jack Dorsey’s payments company Block expands corporate card service to the UK
Key Points Block’s business-focused payments arm, Square, told CNBC it has rolled out it’s Square Card product in Britain. It marks the first time Block has expanded its business card offering outside North America, where it first launched in 2019. The firm will come up against local banking giants like Lloyds and NatWest, as well […]
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Stocks making the biggest moves after hours: Microsoft, Meta Platforms, Starbucks, Coinbase and more
Check out the companies making headlines in extended trading: Microsoft — The technology giant added about 1% after surpassing Wall Street estimates on the top and bottom lines in the fiscal first quarter . Microsoft reported earnings per share of $3.30 on revenue of $65.59 billion, while analysts polled by LSEG forecast $3.10 in earnings […]
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