Hewlett Packard Enterprise Co
Stocks making the biggest moves midday: Ally Financial, Southwest Airlines, Oracle and more
Check out the companies making headlines in midday trading: Ally Financial — Shares of the lender fell 17% after Ally Chief Financial Officer Russell Hutchinson said at an industry conference that credit challenges have increased during the third quarter, particularly with auto loans for retail customers. Mission Produce , Calavo Growers — Shares gained 20% […]
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Stocks making the biggest moves before the open: Apple, Oracle, Boot Barn, Mission Produce and more
Check out the companies making headlines in premarket trading. Mission Produce — The avocado producer surged 21.6% after reporting revenue for the fiscal third quarter jumped 24% from a year ago. The company reported sales of $324 million, compared with $261.4 million in the same three-month period one year before. Rival avocado producer Calavo Growers […]
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Stocks making the biggest moves midday: JetBlue, Hewlett Packard Enterprise, Tesla, G-III Apparel and more
Check out the companies making headlines in midday trading. JetBlue Airways — The New York-based airline popped more than 8% after hiking its forward guidance for third-quarter revenue. JetBlue now expects revenue to be in a range of down 2.5% to up 1% compared to the same period a year ago. Previously, a loss between […]
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Stocks making the biggest moves premarket: C3.ai, Tesla, JetBlue and more
Check out the companies making headlines in premarket trading. C3.ai — The technology stock tumbled 19.2% after on weaker-than-expected subscription revenue during the company’s fiscal first quarter. C3.ai posted $73.5 million for the top line, while analysts polled by FactSet had penciled in $79.2 million. Verizon , Frontier Communications — Verizon announced it will purchase […]
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GE Healthcare shows signs of life, but a lingering uncertainty keeps us on the sidelines
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. More weakness: There’s been a couple attempts at a rally Wednesday, but stocks are still mostly lower in the second session of September after a rough […]
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Stock futures are little changed after tech sell-off drags S&P 500 to worst day since August: Live updates
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 30, 2024. Brendan McDermid | Reuters U.S. stock futures were little changed Tuesday night after the major averages fell to start September. Dow Jones Industrial Average futures was flat. S&P 500 futures and Nasdaq 100 futures dipped […]
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Mike Lynch, man once dubbed ‘Britain’s Bill Gates,’ dies at age 59
Mike Lynch, 59, is the founder of enterprise software firm Autonomy. He was acquitted of fraud charges in June after defending himself in a trial over allegations that he artificially inflated Autonomy’s value in an $11.7 billion sale to tech giant Hewlett Packard. Chris Ratcliffe | Bloomberg | Getty Images LONDON — British technology entrepreneur […]
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‘Britain’s Bill Gates’: Who is Mike Lynch, the UK tech entrepreneur missing after superyacht sinks?
Key Points British tech entrepreneur Mike Lynch was acquitted in June of fraud charges in a landmark trial. He was accused by Hewlett Packard of working to artificially inflate the value of his company Autonomy when he sold it to the U.S. tech giant for $11.7 billion in 2011. Lynch — once lauded by the […]
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British tech entrepreneur Mike Lynch reported missing after superyacht sinks off Sicily
Mike Lynch, former chief executive officer at Hewlett-Packard Co.’s Autonomy unit, speaking at a conference on Thursday, April 25, 2013. Bloomberg | Bloomberg | Getty Images LONDON — British tech entrepreneur Mike Lynch is missing after the sinking of a superyacht off the coast of Sicily, sources familiar with the matter told CNBC. The sources, […]
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On paper the stock market should be great, not on a knife’s edge. But that’s the opportunity
When I look at Thursday’s rally, I am beginning to realize that we have become so binary and so up close that we have lost our ability to think about what matters. The big fish data got caught among the minnow minutiae and we ended up with ridiculous rallies that are, therefore, based on nothing. […]
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