Markets
Stocks making the biggest moves premarket: CrowdStrike, Merck, PayPal, JetBlue and more
Check out the companies making headlines in premarket trading. CrowdStrike — Shares slipped 5% after CNBC reported that stated Delta Airlines has retained legal counsel to pursue damages from both CrowdStrike and Microsoft following after a software update led to mass flight interruptions in July. Woodward — The aerospace and industrial equipment company slipped more […]
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Johnnie Walker-maker Diageo plunges 10% on full-year sales decline, but Guinness a bright spot
John Morrissey serves pints of Guinness at a traditional Irish pub in Dublin on May 21, 2024, in Dublin, Ireland. Nurphoto | Nurphoto | Getty Images Shares of spirits giant Diageo tumbled more than 10% on Tuesday morning, after the Johnnie Walker-maker posted its first sales decline since the start of the pandemic. Shares were […]
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Japan’s Nomura triples profit in first quarter as end of deflation spurs wealth management
A pedestrian walks past illuminated signage for Nomura Securities Co., a unit of Nomura Holdings Inc in Tokyo, Japan. Kiyoshi Ota | Bloomberg | Getty Images Nomura Holdings, Japan’s largest brokerage and investment bank, reported a 195% jump in first-quarter profit on Tuesday as the rally in global markets and return of domestic inflation bolstered […]
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Asia-Pacific markets slide as the Bank of Japan begins two-day meeting
A pedestrian walks past the Bank of Japan (BoJ) building in central Tokyo on July 28, 2023. Richard A. Brooks | Afp | Getty Images Asia-Pacific markets fell across the region on Tuesday as the Bank of Japan kicks off its two-day monetary policy meeting. When the meeting concludes Wednesday, the BOJ is expected to […]
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Stock futures are flat in overnight trading ahead of key corporate earnings: Live updates
Traders on the floor of the New York Stock Exchange on Aug. 4, 2022. Source: NYSE Stock futures were flat in overnight trading Monday as investors awaited key corporate earnings and the beginning of the Federal Reserve’s policy meeting. Futures on the Dow Jones Industrial Average inched up 20 points. S&P 500 futures and Nasdaq […]
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Stocks making the biggest moves after hours: Chesapeake Energy, F5, Lattice Semiconductor and more
Check out the companies making headlines after the bell : F5 — The tech stock surged 14% in after-hours trading after the company reported a blowout quarterly report. F5 posted adjusted earnings of $3.36 per share in the fiscal third quarter, compared to an LSEG estimate of $2.97 per share. Revenue of $695 million was […]
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Short seller Andrew Left surrenders on securities fraud charges in L.A., due in court
Andrew Left, founder and CEO of Citron Research Adam Jeffery | CNBC The activist short seller Andrew Left surrendered in Los Angeles on Monday to face federal criminal securities fraud charges, a spokesman for the U.S. Attorney’s Office there said. Left, 54, is scheduled to appear before Magistrate Judge Rozella Oliver in U.S. District Court […]
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U.S. crude oil falls nearly 2% as traders unfazed by Israel-Hezbollah escalation
Smoke billows following an Israeli airstrike in the southern Lebanese border village of Chihine on July 28, 2024. Kawnat Haju | Afp | Getty Images U.S crude oil futures fell nearly 2% on Monday as traders appeared unfazed by the risk of a widening war between Israel and the Iran-backed militia Hezbollah. A rocket fired […]
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We’re encouraged by Abbott stock trading but discouraged by moves in Honeywell
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. Market moves: The S & P 500 was on track for small gains following a solid rally last Friday. There’s still some market rotation happening, but […]
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Here are JPMorgan’s top drug stock picks into earnings
JPMorgan is eyeing a few drug manufacturers ahead of their earnings reports as investors continue to sell out of major technology firms. Major market trends in the first half of 2024 have shifted and sparked a rotation out of large technology stocks into less-loved areas of the market, including value stocks and small caps. The […]
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