Finance
The case for buying bonds right now
ETF Edge The case for buying bonds right now Published Tue, Aug 6 20247:00 PM EDT Ellie Stevens@elliestevens02 WATCH LIVE Source
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Stocks making the biggest moves after hours: Airbnb, Super Micro Computer, Tripadvisor, Wynn Resorts and more
Check out the companies making headlines in midday trading. Airbnb — The online booking company plunged 13% after second-quarter earnings missed Wall Street estimates. Airbnb reported earnings of 86 cents per share, while analysts polled by LSEG were looking for 92 cents. The company also said it’s seeing signs of slowing demand from its U.S. […]
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Markets are counting on the Fed to head off recession with sizeable interest rate cuts
Key Points In the market’s eyes, the Fed finds itself either poised to head off recession or doomed to repeat the mistakes of its recent past. “No recession today, but one is increasingly inevitable by year-end if the Fed fails to act,” said Steve Blitz, chief U.S. economist at TS Lombard. Traders are pricing in […]
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Stocks making the biggest moves midday: Kenvue, Caterpillar, Uber, CrowdStrike and more
Check out the companies making the biggest moves midday: Kenvue — The maker of Band-Aid bandages rallied 14% after beating analysts’ estimates for its second quarter. Kenvue, which spun off from Johnson & Johnson last year, posted adjusted earnings of 32 cents per share, versus the 28 cents expected from analysts polled by FactSet. Revenue […]
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Stocks making the biggest moves premarket: Palantir, Caterpillar, Yum China, CrowdStrike and more
Check out the companies making headlines before the bell: Palantir Technologies — The data analytics company rallied 11% after raising its full-year revenue forecast. Palantir now sees revenue between $2.74 billion and $2.75 billion. That’s up from a range of $2.68 billion to $2.69 billion. Yum China — Shares surged 8% after the Shanghai-based operator […]
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Stocks making the biggest moves after hours: Palantir Technologies, Lucid Group, CSX and more
Check out the companies making headlines after the bell : Palantir Technologies — Shares of Palantir Technologies popped more than 15% after the company beat second-quarter estimates and upped its annual forecast as demand for artificial intelligence software shows no signs of dwindling. Palantir posted adjusted earnings of 9 cents per share on $678 million […]
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Summer is ‘high season’ for flight delays. Here’s what travelers need to know
Key Points Summer is generally peak season for flight disruption. Bad weather is the chief cause of flight delays, according to Federal Aviation Administration data. U.S. airlines make different obligations to travelers. A Transportation Department dashboard lays out the policies of major carriers: Alaska, Allegiant, American, Delta, Frontier, Hawaiian, JetBlue, Southwest, Spirit and United. Source
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Stocks making the biggest moves midday: Robinhood, Nvidia, Intel and more
Check out the companies making headlines in midday trading: Crypto stocks — Several bitcoin-related names were hit following the cryptocurrency’s drop below $50,000 for the first time since February. Robinhood plummeted more than 10%, and MicroStrategy plunged more than 8%. Others such as Coinbase and Marathon Digital each fell around 5%. Kellanova — Shares of […]
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Chicago Fed President Goolsbee says if economy deteriorates, Fed will ‘fix it’
Key Points Chicago Federal Reserve President Austan Goolsbee said Monday on CNBC that the central bank would react to signs of weakness in the economy. “I’m not going to bind our hands of what should happen going forward because we’re still going to get more information. But if we are not overheating, we should not […]
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Apple shares drop 7% after Warren Buffett’s Berkshire Hathaway slashes stake by half
In this article AAPL BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 3, 2024. David A. Grogen | CNBC Warren Buffett sent shockwaves through the investing world over the weekend by slashing his big Apple stake by half, […]
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