Take a look at some of the biggest movers in the premarket: Hasbro (HAS) – The toy maker’s stock slid 5.2% in the premarket following a double-downgrade to “underperform” from “...
Tag: Amazon.com Inc
Retailers’ biggest holiday wish is to get rid of all that excess inventory
A clearance sale sign is seen at the Gap retail store on September 20, 2022 in Los Angeles, California. Allison Dinner | Getty Images As some of the nation’s largest retailers report quarterly e...
Walgreens, Coinbase, Duolingo, Ralph Lauren
A Walgreens store is seen on August 07, 2019 in Miami, Florida. Joe Raedle | Getty Images Check out the companies making headlines in midday trading. Doximity — The online platform for medical profess...
How Spotify stayed No. 1 in streaming music vs. Apple, YouTube, Amazon
Onur Dogman | LightRocket | Getty Images In this weekly series, CNBC takes a look at companies that made the inaugural Disruptor 50 list, 10 years later. Spotify, once a Swedish startup tasked with ta...
The best ways to pay for holiday gifts ahead of Black Friday
What you buy this holiday season is just as important as how you buy it. In fact, the payment method you choose at checkout can go a long way toward helping you stick to a budget, save money and stay ...
Jim Cramer says these 10 ‘old guard’ stocks are making a comeback
CNBC’s Jim Cramer on Tuesday offered investors a list of 10 companies that he believes are rising to the top as tech stocks collapse. “It’s the revenge of the old guard right now, ri...
Alibaba’s international arm invests millions into South Korea expansion
Alibaba’s international e-commerce platform AliExpress has expanded in South Korea and Brazil, in addition to Europe. Pictured here is an AliExpress locker in Poland in July 2022. Nurphoto | Nur...
Amazon stock breaks long-term chart support, and the worst may still be to come
Amazon’s stock has tumbled enough over the past week to do real damage to its long-term chart — and enough to warn investors the worst may be yet to come. But amid the market turmoil and concerns over...
Travel has edge over shopping this holiday season amid inflation
Retailers have a new threat this holiday season: wanderlust. Americans are returning to the skies, filling hotels, swarming theme parks — and they’re showing a willingness to spend more of their...
4 of our stocks are in the news. Here’s the Club’s take on each development
Four of our Club holdings — Costco Wholesale (COST), Amazon (AMZN), Humana (HUM) and Bausch Health (BHC) — were in the news Thursday. Here’s how we feel about the developments. Costco The news: ...
Jeff Bezos, Jay-Z may bid on Washington Commanders
Amazon founder Jeff Bezos and commissioner Roger Goodell on the sidelines before the start of an NFL football game between the Los Angeles Chargers and Kansas City Chiefs, Thursday, Sep.15, 2022, in K...
Peloton (PTON) reports Q1 earnings
Peloton posted a wider-than-expected loss for its fiscal first quarter, as a steep decline in connected fitness products revenue outweighed an increase in subscription revenue. The company’s sha...
Women athletes now have their own sports network
Finding women’s sports is about to get easier. The first-ever network to focus on female athletes, the Women’s Sports Network, launched Wednesday, offering 24/7 streaming of original progr...
Uber, Abiomed, Peloton, Carvana, Molson Coors and more
A traveller waits for an Uber rider at Midway International Airport on May 09, 2022 in Chicago, Illinois. Uber plans to cut spending and hiring in an attempt slow the company’s plummeting stock ...
Energy sector needs firms with mentality of Tesla to move forward: CEO
The energy sector requires new companies with the mentality of a Tesla or Amazon to push forward in the years ahead, according to the ex-CEO of energy infrastructure powerhouse Snam. “It took a ...
Apple, Amazon, Intel and more
Customers shop at the Apple Fifth Avenue store for the release of the Apple iPhone 14 in New York City, September 16, 2022. Andrew Kelly | Reuters Check out the companies making headlines in midday tr...
New stocks, 2 trades, earnings recap
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. Looking for new names We ma...
Workers at NYC Starbucks and Amazon Go store file petition to unionize
Amazon and Starbucks stop Union Busting sign, International Workers Day, United Against Union Busting March and Rally, Workers Circle, Amazon Labor Union, NY Immigration Coalition, Make the Road, NYC ...
Exxon Mobil, Chevron, Amazon and others
Check out the companies making headlines before the bell: Exxon Mobil (XOM) – Exxon Mobil added 2.2% in premarket trading after record profits exceeded analyst forecasts. Higher natural gas prices and...
You need to understand the FTX debacle even if you have no investments in crypto
The sudden collapse of FTX, the world’s third-largest cryptocurrency exchange, underlines how important it is for any investor to learn about the risks they take when they park their money with a ligh...