Markets
Asia-Pacific markets poised to fall; Japan stocks set to continue last week’s rout
Pedestrians cross an intersection in the Shibuya district of Tokyo, Japan, on Tuesday, Feb. 6, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets are set to continue Friday’s sell-off as investors look toward key trade data from China and Taiwan this week, as well as central bank decisions from Australia and India. Last Friday, […]
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Dow futures slide nearly 200 points after Nasdaq falls into a correction: Live updates
Traders work on the floor of the New York Stock Exchange during afternoon trading on August 02, 2024 in New York City. Michael M. Santiago | Getty Images U.S. stock futures fell Sunday night following a volatile week for Wall Street, in which the Nasdaq Composite dropped into correction territory. Dow Jones Industrial Average futures […]
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China’s slower growth hasn’t dragged down this consumer stock. Why it’s up 90% this year
In a summer of cool consumer spending, Chinese toy company Pop Mart alerted investors to double-digit growth in the first half of the year: it now expects revenue to rise by at least 55% and profits to grow 90% or more. Morgan Stanley and other investment firms raised their price targets on the Hong Kong-traded […]
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ETF inflows set record high in July, State Street Global Advisors finds
ETF Edge ETF inflows set record high in July, State Street Global Advisors finds Published Sat, Aug 3 202411:00 AM EDT Emily Glass WATCH LIVE Source
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Warren Buffett raises Berkshire cash level to record $277 billion after slashing stock holdings
In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024. David A. Grogan Berkshire Hathaway‘s cash pile swelled to a record $276.9 billion last quarter as Warren Buffett sold big chunks in […]
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Goldman names five stocks worth buying ahead of earnings, including this red-hot EV name
There are still plenty of opportunities to snap up attractive stocks ahead of their earnings reports, according to Goldman Sachs. The firm called out a slew of buy-rated names that have yet to post quarterly results, but have major upside. CNBC Pro combed through Goldman Sachs’ research to find the most well-positioned stocks heading into […]
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Ukrainian military says it attacked Russian airfield, oil depots
Ukrainian soldiers fire D-30 artillery in the direction of Toretsk, Ukraine, on July 30, 2024. Anadolu | Anadolu | Getty Images Ukraine’s military said on Saturday it had attacked Russia’s Morozovsk airfield and a number of oil depots and fuel storage facilities in three Russian regions overnight. The attack on the airfield hit an ammunition […]
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Stocks making the biggest moves midday: Chevron, Apple, Clorox, Amazon and more
Check out the companies making headlines in midday trading. Chevron — Stock in the oil major slipped more than 3% after the company’s second-quarter earnings missed Wall Street estimates. Chevron reported adjusted earnings $2.55 per share on revenue of $51.18 billion. Analysts polled by LSEG forecast earnings of $2.93 per share and $50.8 billion in […]
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Here’s where the jobs are for July — in one chart
Key Points The information services sector was a notable weak spot for July, posting a job loss of 20,000. Professional and business services and financial activities experienced payroll declines of 1,000 and 4,000, respectively. Source
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Berkshire’s mounting cash pile could top $200 billion as Buffett continues selling stock
Key Points Berkshire Hathaway’s cash hoard is likely to exceed its previous record of $189 billion when it reports second-quarter earnings Saturday morning. Buffett has been offloading winning investments in Apple, Bank of America and BYD, making some believe the Oracle of Omaha has grown concerned that the bull market is overheated. Source
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