John Williams, chief executive officer of the Federal Reserve Bank of New York, speaks at an event in New York, November 6, 2019. Carlo Allegri | Reuters New York Federal Reserve President John Willia...
Tag: Breaking News: Markets
Big Lots, Best Buy, Nikola and Lucid
A customer exits a Big Lots store in Clifton, New Jersey. Emile Wamsteker | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Big Lots – Shares jumped 7.8% after the...
Best Buy, First Solar, Twitter and more
Check out the companies making headlines before the bell: Best Buy (BBY) – Best Buy gained 2.6% in the premarket after the electronic retailer beat Street forecasts on the top and bottom lines for its...
Fed rate hikes won’t curb inflation if spending stays high, paper says
John C. Williams, president and chief executive officer of the Federal Reserve Bank of New York, Lael Brainard, vice chair of the Board of Governors of the Federal Reserve, and Jerome Powell, chair of...
Stocks making biggest midday moves: Netflix, Bristol-Myers and more
The Netflix logo is seen on a TV remote controller, in this illustration taken January 20, 2022. Dado Ruvic | Reuters Check out the companies making headlines in midday trading. Catalent Inc. – Shares...
Bitcoin drops below $20,000 to lowest level since mid-July as investors dump risk assets
Bankruptcy filings from Celsius and Voyager have raised questions about what happens to investors’ crypto when a platform fails. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Bitcoi...
Catalent, Pinduoduo, Netflix and others
Check out the companies making headlines before the bell: Catalent (CTLT) – The drug delivery and manufacturing technology company beat bottom line estimates for its latest quarter. However, its reven...
Affirm, Electronic Arts, Dell, Seagen and more
Electronic Arts (EA) signage is displayed on the back of a chair at the company’s campus in Burnaby, British Columbia, Canada. Ben Nelms | Bloomberg | Getty Images Electronic Arts (EA) signage i...
Watch Federal Reserve Chair Jerome Powell speak live at Jackson Hole
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell delivers a speech at the central bank’s ...
Powell warns of ‘some pain’ ahead as Fed fights to lower inflation
Federal Reserve Chairman Jerome Powell delivered a stern commitment Friday to halting inflation, warning that he expects the central bank to continue raising interest rates in a way that will cause &#...
Electronic Arts, Gap, Ulta Beauty and more
Check out the companies making headlines before the bell: Electronic Arts (EA) – The video game company’s stock jumped 6.2% in the premarket on a Swedish media report that Amazon.com (AMZN) will...
Ulta, Affirm, Marvell and more
Pedestrians walk past a Gap Inc. store in Shanghai, China. Qilai Shen | Bloomberg | Getty Images Check out the companies making headlines in extended trading. Affirm — The buy-now-pay-later darling...
Peloton, Salesforce, Dollar Tree and more
Check out the companies making the biggest moves midday: Peloton — Shares of Peloton plunged over 18% after the company reported quarterly results Thursday showing a wider-than-anticipated loss and de...
Dollar Tree, Peloton, Salesforce and more
Check out the companies making headlines before the bell: Dollar Tree (DLTR) – The discount retailer’s stock slid 6.6% in the premarket after cutting its full-year earnings forecast, due to the ...
Stocks making biggest moves after hours: Nvidia, Salesforce and more
In this photo illustration the stock trading graph of Nvidia Corporation seen on a smartphone screen. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Check out the companies making headline...
Peloton, Bed Bath & Beyond, Nordstrom and more
A man walks in front of a Peloton store in Manhattan on May 05, 2021 in New York. John Smith | Corbis News | Getty Images Check out the companies making headlines in midday trading. Bed Bath & Bey...
Stocks making the biggest moves premarket: Petco, Brinker International, Nordstrom
Check out the companies making headlines before the bell: Petco (WOOF) – The pet products retailer fell short of Street forecasts on both the top and bottom lines for its latest quarter, and cut its f...
Twitter, Zoom, Palo Alto Networks, Macy’s and more
Check out the companies making headlines in midday trading Tuesday. Zoom Video — Zoom sank more than 14% after missing on revenue estimates for the previous quarter due to a strong dollar. The video c...
Zoom, Palo Alto Networks, Macy’s and more
Take a look at some of the biggest movers in the premarket: Zoom Video Communications (ZM) – Zoom tumbled 11.5% in the premarket after the videoconferencing company cut its full-year forecast. Zoom re...
AMC, Signify Health, Netflix and more
Netflix is expanding its push into mobile gaming. Sopa Images | Lightrocket | Getty Images Check out the companies making the biggest moves midday Monday: AMC — Shares of the theater chain dropped nea...
AMC’s new ‘APE’ units are a meme-friendly way to raise cash fast
AMC Entertainment has embarked on a meme-friendly experiment to give a token reward to its retail investor base while also creating a backdoor way to raise more cash down the line. The theater chain&#...
4 takeaways from the Investing Club’s ‘Morning Meeting’ on Monday
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 Monday’s key moments: Stocks slide to start tradi...
AMC shares tank 30% as Regal Cinemas owner warns of potential bankruptcy, APE units begin trading
Shares of theater chain and meme trader favorite AMC fell sharply on Monday as a rival warned of potential bankruptcy and a new preferred share class hit the market. AMC was down 31% on Monday morning...
Signify Health, Bed Bath & Beyond, AMC and more
Take a look at some of the biggest movers in the premarket: Signify Health (SGFY) – Signify Health surged 37.5% in premarket trading as a potential bidding war escalates for the home health services p...
FTX grew revenue 1,000% during the crypto craze: Leaked financials
Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during an interview on an episode of Bloomberg Wealth with David Rubenstein in New York, US, o...
What this week’s retail earnings tell us about Costco, Amazon and Apple
Target (TGT) missed on earnings. Lowe’s (LOW) provided mixed results. Home Depot (HD) fared better. Walmart (WMT) beat estimates but warned its customers were focusing more on lower prices. Resu...
Bed Bath & Beyond, Foot Locker and more
Niraj Shah, CEO, Wayfair Ashlee Espinal | CNBC Check out the companies making headlines in midday trading. Foot Locker — The retail stock surged more than 20% after it appointed former Ulta Beauty hea...
Deere, Foot Locker, Bed Bath & Beyond and more
Check out the companies making headlines before the bell: Deere (DE) – Deere slid 5.2% in premarket trading after the heavy equipment maker missed quarterly earnings estimates despite higher-than-expe...
Cisco, BJ’s Wholesale, Bed Bath & Beyond, Kohl’s and more
A customer walks through an aisle of a BJ’s Wholesale Club Inc. store in Falls Church, Virginia, U.S. Bloomberg | Bloomberg | Getty Images Check out the companies making the biggest moves midday...
This $3.8 billion hedge fund is shaking up the industry with its pay-for-performance model
(Click here to subscribe to the Delivering Alpha newsletter.) When Peter Kraus founded Aperture Investors, he deviated from the traditional active management model. Rather than raking in fixed fees, K...
Hedge funds are sitting on a record level of bearish bets on the stock market
Traders work on the floor of the New York Stock Exchange (NYSE), August 17, 2022. Brendan McDermid | Reuters Hedge funds are getting increasingly skeptical about this big rally that broke out in the m...