CNBC’s Jim Cramer said Thursday he views the post-earnings decline in Estee Lauder shares as a buying opportunity, downplaying concerns about the company’s sales in its Asia/Pacific region...
Category: Finance
Live Finance News Updates.
Amazon holiday earnings blow away expectations (thanks to Rivian), stock spikes
Amazon.com Inc. executives thought that supply-chain and staffing concerns could wipe away their holiday profit. They were wrong. Amazon AMZN, -7.81% reported fourth-quarter profit of $14.3 billion, o...
Citigroup CEO faces disgruntled workers, regulators’ demands in tough first year
Citi CEO Jane Fraser makes brief remarks during a meeting with U.S. President Joe Biden and fellow chief executives to discuss the looming federal debt limit in the South Court Auditorium in the Eisen...
Here’s How Much Olympic Figure Skating Star Nathan Chen Is Making From Endorsements
Nathan Chen is a favorite for gold in men’s figure skating at the 2022 Beijing Olympics. Tom Pennington/Getty Images for Team USA You could say Nathan Chen has unfinished business. When the then...
I think Rattler Midstream is a buy
Rattler Midstream: “That group is red hot. The mastere limited partners. This thing yields 8%. I think it’s money good. I think it’s great. … Buy.” Nextdoor: “It...
Republicans grill Fed nominee Raskin over past views on climate and big energy companies
Sarah Bloom Raskin, nominated to be vice chairman for supervision and a member of the Federal Reserve Board of Governors, gestures during a Senate Banking, Housing and Urban Affairs Committee confirma...
MLB Reportedly Seeks Government Help To Resolve Lockout As Opening Day Looms
Topline The MLB on Thursday asked a federal mediation service to help resolve its two-month-long lockout with the MLB Players Association, ESPN reported, as the dispute threatens to halt the the start...
‘this is a very strong company’
Ford Motor Co. (NYSE: F) on Thursday said its Q4 results came in shy of Wall Street estimates as supply constraints made it difficult to meet strong demand. Shares are down 6.0% after-hours. Q4 resul...
Cancer awareness now ‘more vital than it’s ever been’
Elizabeth Hurley visits SiriusXM Studios. Slaven Vlasic | Getty Images Entertainment | Getty Images Actress, model, businesswoman and philanthropist, Elizabeth Hurley, told CNBC that the Covid-19 pand...
Snap, Amazon, Ford and more
The Amazon logo displayed on a smartphone and a PC screen. Pavlo Gonchar | LightRocket via Getty Images Check out the companies making headlines after the bell: Amazon — Shares of Amazon popped more ...
News And Notes As WWE Grosses Over $1 Billion
Nick Khan, Stephanie McMahon, Eli Manning and Vince McMahon appear at a March of Dimes event. Credit: Sports Business Journal WWE announced record revenues of over $1 billion during its Q4 2021 and an...
‘very impressive profitability to Q4’
Shares of Amazon.com Inc (NASDAQ: AMZN) are up nearly 18% in extended trading after the tech titan topped Street estimates for Q4 profit by a massive margin, despite supply constraints and labour shor...
Unity Stock Jumps After Fourth-Quarter Beat
Video game design and animation software maker Unity Software (U) late Thursday beat Wall Street’s targets for the fourth quarter and guided higher for the full year ahead. Unity stock jumped in...
Chainalysis acquires DC-based data and consultancy firm Abaxx
advertisement On February 3, leading cryptocurrency forensics firm Chainalysis announced that it has acquired Abaxx, a government consultancy firm. Based in Great Falls, Virginia, Abaxx touts its mana...
Ubisoft Teams Up With Hedera Hashgraph To Develop A Play-To-Earn Game
TL;DR breakdown Ubisoft Teams Up With Hedera Hashgraph To Develop A Play-To-Earn Game. Hedera Hashgraph poised to enable GameFi adoption at Ubisoft Today, Hedera Hashgraph (HBAR) announced a partnersh...
U.S. stock futures rally after earnings reports from Amazon and Snapchat
A trader works on the floor of the New York Stock Exchange. NYSE Stock futures rose in overnight trading Thursday as investors digested a slew of corporate earnings reports after the Nasdaq Composite ...
Trump DOJ Official Jeffrey Clark Reportedly Pleaded The Fifth Over 100 Times In Jan. 6 Deposition—Joining These Others
Topline Ex-Justice Department official Jeffrey Clark pleaded the Fifth Amendment over 100 times during a deposition with House January 6 committee investigators Wednesday, according to CNN, becoming t...
India’s 30% Proposed Digital Asset Tax is Positive, says CoinSwitch CEO
At 30%, India’s tax rate on income from digital assets is unarguably steep. Ashish Singhal, the Chief Executive Officer and founder of CoinSwitch told CNBC in an interview that this proposed legislati...
Stocktwits Opens Cryptocurrency Trading Services to Its Customers
Stocktwits, a social trading platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders i...
Amazon Shares Jump as Cloud Unit Helps Drive Profit Past Estimates
(Bloomberg) — Amazon.com Inc. reported a strong holiday quarter, calming Wall Street’s concerns that the company was headed for a slowdown. Most Read from Bloomberg Profit beat expectations, hel...
NBA unveils Kobe Bryant All-Star Game trophy two years after his death
NBA Kobe Bryant trophies Source: NBA The National Basketball Association has redesigned its All-Star Game’s most valuable player trophy to honor the legendary Kobe Bryant, two years after his de...
Despite Loud Rumors, Minnesota Vikings And Jim Harbaugh Were Not Ideal Match
After dancing with the Vikings, Jim Harbaugh will remain as the head coach at the University of … [+] Michigan. (Photo by Gregory Shamus/Getty Images) Getty Images The Vikings have their new coa...
SNAP soared 55% on Q4 results: here’s what you should know
Snap Inc (NYSE: SNAP) jumped roughly 50% in the stock market after-hours on its earnings report for the fiscal fourth quarter that broadly pleased shareholders. Q4 financial highlights Snap said its n...
Saxo Bank Sees 21% MoM Jump in January Trading Volumes
Saxo Bank has released its trading metrics for January 2022, reporting a solid monthly and yearly jump in demand. The total monthly volume on the platform in the month came in at $438 billion, with a ...
Celebrity video platform Cameo announces pre-mint for NFT collection
advertisement Cameo, the platform through which celebrities sell personalized videos for a fee, has launched a pre-mint for a non-fungible token (NFT) collection called Cameo Pass on Thursday. The NFT...
No Way Home’ Didn’t Need China To Pass $1 Billion Overseas
Zendaya and Tom Holland in ‘Spider-Man No Way Home’ Sony and Marvel As Spider-Man: No Way Home spends what could be its final day atop the domestic and worldwide box office before what I a...
Facebook wasn’t Thursday’s only big loser — these 16 other Nasdaq-100 stocks dropped at least 5%
Thursday was brutal for technology stock investors, as the carnage spread far beyond the parent company of Facebook. Below is a list of the worst 20 performers among the Nasdaq-100 on Feb. 3., led by ...