Peloton’s stock soared more than 25% Monday, putting it back above its IPO price, as the beaten down connected fitness equipment maker attracts interest from outsiders. Thus far, reports have na...
Tag: Apple Inc
Amazon, Snap, Ford and more
Check out the companies making headlines before the bell: Regeneron Pharmaceuticals (REGN) – The drugmaker reported adjusted quarterly earnings of $23.72 per share, beating the $18.35 consensus estima...
WNBA raises $75 million in first-ever funding round, valuing league at $1 billion
The WNBA on Thursday announced it completed its first-ever capital raise, bringing in a host of big-name investors including Nike and former U.S. Secretary of State Condoleezza Rice, as the league loo...
Ulta Beauty CEO says it’s not enough to put Black-owned brands on shelves
Ulta Beauty CEO Dave Kimbell said it is not enough for stores to put Black-owned brands on shelves. Instead, he said, the retailer wants to make sure those brands gain a fan following and ultimately, ...
Ford reportedly plans to increase EV spending by up to $20 billion
The all-electric Ford F-150 Lightning truck during an augmented reality presentation at the Motor Bella Auto Show in Pontiac, Michigan, on Tuesday, Sept. 21, 2021. Emily Elconin | Bloomberg | Getty Im...
How To Buy And Sell Apple Which Is Trading Above Its Key Moving Average On Its Weekly Chart
(Photo by Smith Collection/Gado) Getty Images Apple (AAPL) traded as high as $182.94 on January 4 and then slipped 15.4% to its 2022 low of $154.70 on January 27. It’s above its 50-day simple moving a...
When to stop investing in the stock market? Wild price swings are shaking the resolve of some: Is it time to bail out of equities and bonds?
Is it time to bail out of stocks and bonds? This isn’t the market that investors likely signed up for back in 2021 when shares in GameStop Corp. GME, +4.69% and movie chain AMC Entertainment Holdings ...
Apple, Robinhood, Visa, Chevron and more
Logo on an Apple store is seen in Arlington, Virginia, January 27, 2022. Joshua Roberts | Reuters Check out the companies making headlines in midday trading. Apple — Shares of the tech giant jumped mo...
Caterpillar, Chevron, Apple and others
Check out the companies making headlines before the bell: Caterpillar (CAT) – Caterpillar earned an adjusted $2.69 per share for the fourth quarter, beating the $2.26 consensus estimate, with revenue ...
Dow futures rise 200 points as market set to wrap up a wild week, Apple shares pop
Stock futures rose in overnight trading Thursday, boosted by a jump in Apple shares, as Wall Street looks to wrap up a roller-coaster week on a high note. Futures on the Dow Jones Industrial Average g...
Robinhood, Apple, Visa and more
People wait in line for t-shirts at a pop-up kiosk for the online brokerage Robinhood along Wall Street after the company went public with an IPO earlier in the day on July 29, 2021 in New York City. ...
Lowe’s will open mini Petco shops inside some stores
Lowe’s is opening Petco shops inside of some of its stores as part of a pilot program. It plans to open the first one in Texas in February. Source: Petco Lowe’s will soon test a new offeri...
You want to own ‘great American companies, not junk’
CNBC’s Jim Cramer on Friday looked ahead to next week’s pivotal market events, including a busy slate of corporate earnings reports and a meeting of the Federal Reserve’s policymakin...
Apple potential bid for MLB package could bring big player into sports
Los Angeles Dodgers center fielder Cody Bellinger (35) steals second base as St. Louis Cardinals second baseman Tommy Edman (19) takes the late throw at Dodger Stadium in the 2021 National League Wild...
‘Too much good news to ignore’ drove Tuesday’s market rally
CNBC’s Jim Cramer said that Tuesday’s stock market rally was made possible by cooling bond yields and favorable commentary from Federal Reserve Chairman Jerome Powell. “Sometimes, th...
Jim Cramer says these 5 ‘old tech’ stocks could have a big year in 2022
CNBC’s Jim Cramer on Friday laid out an investment case for five legacy technology companies that he believes could post strong returns in 2022. The “Mad Money” host said the followi...
Cramer’s 2022 forecast for the best-performing Dow stocks last year
CNBC’s Jim Cramer on Wednesday announced his 2022 outlook for the best-performing stocks in the Dow Jones Industrial Average last year. Prior to examining the blue-chip index, the “Mad Mon...
Walmart cuts paid leave in half, as CDC guidance changes
An employee scans grocery items for pickup order at a Walmart Inc. store in Burbank, California, U.S., on Tuesday, Nov. 26, 2019. Patrick T. Fallon | Bloomberg | Getty Images Walmart is cutting pandem...
Be Patient Before Adding Apple Positions To Your Portfolio
(Photo by Josh Edelson / AFP) AFP via Getty Images Apple AAPL set its all-time intraday high of $182.94 on January 4. At this high the market capitalization exceeded three trillion dollars. This high ...
Omicron variant likely to fuel inflation, as Americans keep shopping, economist says
damircudic | E+ | Getty Images The spread of the highly infectious omicron variant is likely to fuel more inflation, as Americans keep shopping instead of spending more outside of the home, according ...
Macy’s cuts store hours at all of its stores as Covid cases spike
Macy’s flagship store in Herald Square in New York, Dec. 23, 2021. Scott Mlyn | CNBC Macy’s is shortening store hours for the rest of the month as coronavirus cases spike in the United Sta...
Foot Locker, Under Armour and more
Take a look at some of the biggest movers in the premarket: Foot Locker (FL) – The athletic footwear and apparel retailer dropped 3.9% in the premarket after J.P. Morgan Securities downgraded it to &#...
Warren Buffett makes over $120 billion on Apple’s rise to $3 trillion, among his best bets ever
Billionaire investor Warren Buffett, chairman of Berkshire Hathaway, speaks on a mobile phone during an interview in New York, U.S., on Wednesday, June 25, 2008. Bloomberg | Getty Images Warren Buffet...
Ford, Bank of America and more
A general view of the Halewood Ford transmission assembly plant after Ford announced a 230 GBP investment on October 18, 2021 in Halewood, England. Christopher Furlong | Getty Images Check out the com...
Weekend reads: Robinhood’s bad news — and a bit of good news
It’s been a year since Robinhood Markets Inc. HOOD, +9.65% briefly suspended “buy” orders for GameStop Corp. GME, +4.69%, AMC Entertainment Holdings Inc. AMC, +3.72% and other meme stocks. The brokera...