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Stocks making the biggest moves midday: Six Flags, Disney, Sonos and more
Finance

Stocks making the biggest moves midday: Six Flags, Disney, Sonos and more

Customers are socially distanced on rides like the Wonder Woman: Lasso of Truth at Six Flags Great Adventure in Jackson, New Jersey. Kenneth Kiesnoski/CNBC Check out the companies making headlines in midday trading. Six Flags — Shares dropped more than 22% after the theme park company sharply missed second-quarter earnings expectations. Six Flags reported earnings […]

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Apple Card’s rapid growth, outside vendors blamed for mishaps within Goldman’s credit-card business
Finance

Apple Card’s rapid growth, outside vendors blamed for mishaps within Goldman’s credit-card business

Apple CEO Tim Cook introduces Apple Card during a launch event at Apple headquarters on Monday, March 25, 2019, in Cupertino, California. Noah Berger | AFP | Getty Images When it was unveiled in 2019, Apple touted its new credit card as a gamechanger with unheard-of levels of simplicity and transparency. Behind the scenes, however, […]

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Goldman Sachs, bank behind the Apple Card, says regulators are investigating its credit card practices
Finance

Goldman Sachs, bank behind the Apple Card, says regulators are investigating its credit card practices

Goldman Sachs CEO David Michael Solomon attends a discussion on “Women Entrepreneurs Through Finance and Markets” at the World Bank on October 18, 2019 in Washington, DC. Olivier Douliery | AFP | Getty Images Goldman Sachs said that its credit-card business is being investigated by the Consumer Financial Protection Bureau over a range of billing […]

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India’s currency is under pressure — and analysts say the rupee could test new lows
Finance

India’s currency is under pressure — and analysts say the rupee could test new lows

Two thousand rupee notes on display with an Indian flag in the background. Manish Rajput | SOPA Images | LightRocket via Getty Images The Indian rupee has come under intense selling pressure due to a perfect storm of global headwinds which analysts say will continue to pummel the currency in the months ahead. In recent […]

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Stocks making the biggest moves midday: Goldman Sachs, Delta, Boeing, Tesla and more
Business

Stocks making the biggest moves midday: Goldman Sachs, Delta, Boeing, Tesla and more

David Solomon, chief executive officer of Goldman Sachs & Co., speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle Grillot | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Goldman Sachs – The bank stock jumped 3% after the company posted […]

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Stock futures inch higher ahead of a busy week of earnings
Finance

Stock futures inch higher ahead of a busy week of earnings

U.S. stock index futures were modestly higher during overnight trading Sunday as Wall Street looks ahead to a busy week of earnings. Futures contracts tied to the Dow Jones Industrial Average added 0.25%. S&P 500 futures were up 0.4%, while Nasdaq 100 futures advanced 0.5%. The major averages are coming off a losing week, despite […]

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Stocks making the biggest moves midday: JPMorgan Chase, Goldman Sachs, Conagra Brands and more
Finance

Stocks making the biggest moves midday: JPMorgan Chase, Goldman Sachs, Conagra Brands and more

Pedestrians pass in front of a JPMorgan & Chase bank branch automated teller machine (ATM) kiosk in downtown Chicago, Illinois. Christopher Dilts | Bloomberg | Getty Images Check out the companies making headlines in midday trading. JPMorgan Chase – Shares of JPMorgan Chase sunk 3.49% and hit a 52-week low after the bank reported quarterly […]

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Recession playbook: Here are some of Wall street’s top stock picks for a downturn
World

Recession playbook: Here are some of Wall street’s top stock picks for a downturn

A growing number on Wall Street are talking up the risk of a recession, with Goldman Sachs , Deutsche Bank and more all pointing to a higher probability of a downturn. “Economic data points indicate a higher probability of recession,” Morgan Stanley analysts said in a June 29 note. “Since the beginning of the year, […]

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Goldman says buy these global stocks to play a 0 billion EV opportunity — and names one with over 50% upside
World

Goldman says buy these global stocks to play a $900 billion EV opportunity — and names one with over 50% upside

A new European battery ecosystem could be in the cards, as the region seeks to be a leader in the global shift to electric vehicle adoption, according to Goldman Sachs . The bank names the key stocks along the battery value chain that it thinks could benefit from “Europe’s largest industrial transformation.” The bank estimates […]

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Stocks making the biggest moves premarket: Kellogg, Lennar, Spirit Airlines and others
Business

Stocks making the biggest moves premarket: Kellogg, Lennar, Spirit Airlines and others

Check out the companies making headlines before the bell: Kellogg (K) – Kellogg jumped 8.1% in premarket trading after announcing plans to split into three separate public companies. One entity will comprise the snack and international cereal businesses, another the U.S. cereal business and the third will be a pure-play plant-based food producer. Lennar (LEN) […]

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