Business
Stocks making the biggest moves midday: Roblox, Continental Resources, Fox Corp and more
Rafael Henrique | SOPA Images | LightRocket | Getty Images Check out the companies making the biggest moves midday: Roblox — Roblox shares shot up 21% after the online gaming company reported metrics for September that showed stronger engagement than a year ago. Apple — The tech giant saw its shares rally more than 2% […]
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Meta ratchets up Apple rivalry with advertisements focusing on iMessage
How to unsend an iMessage in iOS 16 Todd Haselton | CNBC Meta is targeting Apple‘s iMessage in a new advertisement that ratchets up the rivalry amongst the two firms. On Monday, Meta CEO Mark Zuckerberg posted a photograph of an advert in New York’s Penn Station that implies Meta’s WhatsApp is more secure and […]
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WWE stock hits 52-week high, defying market trends, in aftermath of McMahon scandal
Vince McMahon attends a press conference to announce that WWE Wrestlemania 29 will be held at MetLife Stadium in 2013 at MetLife Stadium on February 16, 2012 in East Rutherford, New Jersey. Michael N. Todaro | Getty Images World Wrestling Entertainment is defying broader market trends this year. The company’s stock is up more than […]
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How Starbucks took on Italy’s coffee culture
In 2018, Starbucks opened its first store in Italy, a 25,000-square-foot roastery in Milan. Despite being inspired by Italian coffeehouse culture, the American chain faced resistance when entering the country. It took Starbucks 47 years to open a shop in Italy. Italians take their coffee culture very seriously — it’s filled with traditions, customs and […]
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Stocks making the biggest moves premarket: Continental Resources, Bank of America, Apple and others
Check out the companies making headlines before the bell: Continental Resources (CLR) –Chairman and founder Harold Hamm and his family will acquire the shares of the energy producer that they don’t already own for $74.28 per share. The deal is not contingent on any financing and is expected to close before the end of the […]
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5 things to know just before the stock current market opens Monday
Traders function on the flooring of the New York Inventory Trade (NYSE) in New York Town, October 14, 2022. Brendan McDermid | Reuters Below are the most important news items that traders will need to get started their trading day: 1. Volatility and earnings Last 7 days, financial facts fed the market’s volatility. Inflation continues […]
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Stellantis debuts pure-electric Jeep, pledges new goal on power self-sufficiency
The Stellantis CEO Carlos Tavares, photographed in Turin, Italy, on March 31, 2022. Stefano Guidi | Getty Images Information | Getty Photographs The CEO of Stellantis advised CNBC Monday that the business would use its have internet sites to make 50 percent the vitality it requirements for manufacturing by the center of this decade. “We […]
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These companies are reporting earnings this week, and analysts love them
As investors come up on a stacked week for earnings, CNBC Pro identified several companies that are beloved by Wall Street and will be reporting results. Roughly 15% of companies in the S & P 500 are expected to report earnings for the week ended Oct. 21, according to a note this month from Goldman […]
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Oil protesters show up in court soon after throwing soup at Van Gogh painting
Activists of “Just Prevent Oil” glue their fingers to the wall right after throwing soup at a van Gogh’s painting “Sunflowers” at the Nationwide Gallery in London, Britain Oct 14, 2022. Just Quit Oil | Reuters The local weather activists who threw soup more than Vincent Van Gogh’s well-known “Sunflowers” portray on Saturday appeared in […]
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The U.S. defense industry faces surging demand and a supply chain crunch
The war in Ukraine and rising tensions over Taiwan have caused demand for high-tech, American-made weapons to surge. And with the ongoing supply chain crunch and inflation continuing to rise, military industry watchers question whether the U.S. defense sector can keep up. “We can’t rely on China to build components for our weapons, which is […]
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