Stock futures rose slightly in overnight trading Tuesday as investors anxiously awaited the Federal Reserve’s aggressive action to tame surging inflation. Futures on the Dow Jones Industrial Ave...
Tag: Breaking News: Markets
Stocks making big moves midday: FedEx, Continental Resources, Oracle
Check out the companies making headlines in midday trading. Continental Resources — Shares soared 14% after the shale company announced an all-cash buyout proposal from the family trust of billionaire...
Natural gas plummets as Freeport delays facility restart following explosion
Smoke billows from the Freeport LNG plant in Quintana, Texas, U.S., June 8, 2022, in this still image obtained from a social media video on June 9, 2022. Maribel Hill | Reuters Natural gas prices plu...
Novogratz says crypto having a ‘Long Term Capital Management moment’
Michael Novogratz Anjali Sundaram | CNBC Crypto investor Michael Novogratz is drawing parallels between crypto and Long Term Capital Management, a highly leveraged hedge fund that blew up in the late ...
Coinbase lays off 18% as execs prepare for recession, ‘crypto winter’
Coinbase Founder and CEO Brian Armstrong attends Consensus 2019 at the Hilton Midtown on May 15, 2019 in New York City. Steven Ferdman | Getty Images Coinbase is laying off almost a fifth of its workf...
Continental Resources, Oracle, National Vision and more
Take a look at some of the biggest movers in the premarket: Continental Resources (CLR) – The oil and natural gas producer’s stock rallied 7.4% in the premarket after receiving a $70 per share &...
Stock futures rise after the S&P 500 closes in an official bear market
U.S. stock futures rose on Monday night after the S&P 500 dropped back into bear market territory ahead of the Federal Reserve’s two-day policy meeting this week. Dow Jones Industrial Averag...
Morgan Stanley CEO James Gorman sees 50-50 odds of recession ahead
Morgan Stanley Chairman and Chief Executive James Gorman speaks during the Institute of International Finance Annual Meeting in Washington, October 10, 2014. Joshua Roberts | Reuters The odds of a rec...
Astra Space, Amazon, Revlon, Prologis & more
Amazon is “definitely a stock to own,” according to Sid Choraria, a senior portfolio manager who previously attracted the attention of Warren Buffett. Klaus-Dietmar Gabbert | Picture Allia...
Binance pauses bitcoin withdrawals as crypto sell-off deepens
The logo of cryptocurrency exchange Binance displayed on a smartphone with the word “cancelled” on a computer screen in the background. Budrul Chukrut | SOPA Images | LightRocket via Getty...
Buffett’s son donates $2.7 million to Ukraine after Zelenskyy meeting
Warren Buffett, left, and his eldest son, Howard G. Buffett Peter Kramer | NBC | Getty Images Howard Buffett, son of billionaire investor Warren Buffett, is donating millions of dollars from his found...
Stock futures fall after Wall Street’s worst week since January
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, June 3, 2022. Brendan McDermid | Reuters U.S. stock futures fell Sunday night as Wall Street tries to recover from one...
Brokers look to replace payment for order flow amid SEC crackdown
The brokerage industry is exploring alternatives to payment for order flow as SEC chair Gary Gensler takes aim at the practice. One idea is coming from Apex Clearing, CNBC has learned. The clearing fi...
DocuSign, Vail Resorts, Stitch Fix and others
Check out the companies making headlines before the bell: DocuSign (DOCU) – The electronic-signature technology company’s stock plunged 26.1% in the premarket after its quarterly profit and reve...
This SPAC is merging with an already-public company as sponsors get creative before time runs out
Traders on the floor of the NYSE, June 8, 2022. Source: NYSE SPACs are known to be a roundabout investment vehicle to take private companies public. Not this one. Bull Horn Holdings is merging with bi...
Why remaining private is a competitive advantage for PE firm Bain Capital with $160 billion
(Click here to subscribe to the Delivering Alpha newsletter.) Bain Capital, with $160 billion in assets, is one of the largest private, private equity firms. Despite many of its peers going public, li...
Goldman Sachs CEO David Solomon’s advice to summer interns: ‘Be an entrepreneur’
David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galacia | CNBC Internships have begun at Goldman Sachs‘ offices in the U.S. thi...
Stock futures are lower after Wall Street snaps two-day win streak
Stock futures were lower in early morning trading Thursday after the major averages ended the Wednesday regular session lower and U.S. Treasury yields rose. Futures on the Dow Jones Industrial Average...
Campbell Soup, Moderna, Western Digital and others
Check out the companies making headlines before the bell: Campbell Soup (CPB) – The food producer’s shares rallied 3.7% in the premarket after Campbell reported an adjusted quarterly profit of 7...
Stock futures dip following two straight days of gains on Wall Street
Stock futures fell marginally in overnight trading Tuesday after two consecutive days of gains on Wall Street. Futures on the Dow Jones Industrial Average dipped 55 points. S&P 500 futures and Nas...
Target, Kohl’s, Peloton and more
FILE PHOTO: Shoppers exit a Target store during Black Friday sales in Brooklyn, New York, U.S., November 26, 2021. Brendan Mcdermid | Reuters Check out the companies making headlines in midday tradin...
Bitcoin drops 6% to again trade below $30,000 as selloff resumes
A bystander uses a Bitcoin ATM in San Salvador, El Salvador, on May 16, 2022. Alex Pena | Anadolu Agency | Getty Images Bitcoin fell below $30,000 again Tuesday as the cryptocurrency’s recent se...
Target, J.M Smucker and more
Take a look at some of the biggest movers in the premarket: Target (TGT) – Target announced a series of moves to “right-size” its inventory levels, including additional markdowns and cance...
Stock futures are little changed on Monday
Traders on the floor of the NYSE, June 3, 2022. Source: NYSE Stock futures were little changed Monday evening after a sleepy day of trading as investors await key inflation data due out later in the w...
Sunrun, Eli Lilly, DiDi Global, CrowdStrike and more
Tim McKibben, left, a senior installer for the solar company, Sunrun, and installer Aaron Newsom install solar panels on the roof of a home in Granada Hills. Mel Melcon | Los Angeles Times | Getty Ima...
Spirit Airlines, Didi Global and more
Take a look at some of the biggest movers in the premarket: Spirit Airlines (SAVE) – Spirit jumped 6.1% in the premarket after JetBlue (JBLU) sweetened its bid for Spirit. JetBlue will increase its br...
Stock futures rise slightly after a losing week on Wall Street
Traders on the floor of the NYSE, June 3, 2022. Source: NYSE Stock futures edged up in overnight trading Sunday after a losing week as investors continued to bet that the Federal Reserve will tighten ...
Morgan Stanley’s Pick says a paradigm shift has begun in markets. What to expect
Trader on the floor of the NYSE, June 1, 2022. Source: NYSE Global markets are in the beginning of a fundamental shift after a nearly 15-year period defined by low interest rates and cheap corporate d...
Fed’s Mester says half-point rate hikes are needed to fight inflation
Cleveland Federal Reserve President Loretta Mester said Friday that she doesn’t see ample evidence that inflation has peaked and thus is on board with supporting a series of aggressive interest ...
Turning Point Therapeutics, Lululemon, RH and others
Check out the companies making headlines before the bell: Turning Point Therapeutics (TPTX) – The biopharmaceutical company’s shares more than doubled in premarket trading after agreeing to be a...