Take a look at some of the biggest movers in the premarket: Splunk (SPLK) – Cisco Systems (CSCO) made a more than $20 billion takeover bid for the cloud software company, according to people familiar ...
Tag: Breaking News: Markets
Stock futures are slightly lower as Wall Street weighs Russia-Ukraine tensions, potential Fed rate hikes
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, January 18, 2022. Brendan McDermid | Reuters Stock futures dipped slightly Sunday evening as investors continued to mo...
Fed’s Daly advocates for a ‘measured’ approach as rate hike expectations rise
San Francisco Federal Reserve Bank President Mary Daly poses at the bank’s headquarters in San Francisco, California, July 16, 2019. Ann Saphir | Reuters The Federal Reserve should be measured i...
Oil jumps amid escalating tensions between Russia and Ukraine
Oil well pump jacks operated by Chevron Corp. in San Ardo, California, U.S., on Tuesday, April 27, 2021. David Paul Morris | Bloomberg | Getty Images Oil prices jumped in afternoon trading Friday amid...
Under Armour, Zillow, Affirm and more
An Under Armour shoe is seen inside of a store on November 03, 2021 in Houston, Texas. Brandon Bell | Getty Images Check out the companies making headlines in midday trading. Under Armour — The sports...
Jeffrey Gundlach says the Fed is ‘obviously behind the curve,’ will raise rates more than expected
Jeffrey Gundlach speaking at the 2019 SOHN Conference in New York on May 6th, 2019. Adam Jeffery | CNBC DoubleLine Capital CEO Jeffrey Gundlach said Friday the Federal Reserve is failing in its battle...
The Fed is still likely to take a measured approach to rate hikes despite calls for bigger action
The Federal Reserve building in Washington, January 26, 2022. Joshua Roberts | Reuters Several Federal Reserve officials, both privately and publicly, are pushing back against calls by St. Louis Fed P...
Under Armour, Zillow, Expedia and others
Check out the companies making headlines before the bell: Under Armour (UAA) – The athletic apparel maker reported an adjusted quarterly profit of 14 cents per share, doubling consensus estimates, wit...
Stock futures are flat following a steep sell-off spurred by hot inflation
Traders on the floor of the NYSE, Feb. 9, 2022. Source: NYSE Stock futures were flat in overnight trading Thursday after a sharp sell-off on Wall Street spurred by the hottest inflation reading in fou...
Coca-Cola, Twitter, Tapestry and others
Check out the companies making headlines before the bell: Coca-Cola (KO) – Coca-Cola shares added 1.3% in the premarket after the company beat estimates by 4 cents with adjusted quarterly earnings of ...
Binance, led by crypto billionaire, takes huge stake
Binance, the world’s biggest cryptocurrency exchange, is making a $200 million strategic investment in Forbes, the 104-year-old magazine and digital publisher, CNBC has learned. The funds will h...
Disney, Uber, Coca-Cola and more
A performer dressed as Mickey Mouse entertains guests during the reopening of the Disneyland theme park in Anaheim, California, U.S., on Friday, April 30, 2021. Bloomberg | Bloomberg | Getty Images Ch...
Inflation rises 7.5% over the past year, even more than expected
Consumer prices surged more than expected over the past 12 months, indicating a worsening outlook for inflation and cementing the likelihood of substantial interest rate hikes this year. The consumer ...
Stock futures rise slightly ahead of key inflation data
U.S. stock futures were slightly higher on Wednesday night ahead of key inflation data due Thursday morning. Dow Jones Industrial Average futures rose 79 points, or 0.2%. S&P 500 futures added 0.0...
Disney, Uber, Mattel and more
General views of the Mickey Mouse Ferris Wheel at Disney California Adventure Park at the Disneyland Resort, which has reopened for outdoor dining and shopping on April 11, 2021 in Anaheim, California...
University of Michigan provost named as next head of the Boston Fed
The Federal Reserve Bank of Boston today announced that Dr. Susan M. Collins will be its next president, CEO. Courtesy: Federal Reserve Bank of Boston. The Boston Federal Reserve, which is heading the...
Fed’s Mester says ‘each meeting is going to be in play’ for rate hikes this year
Cleveland Federal Reserve President Loretta Mester laid out an aggressive plan for reducing easy-money policies this year, saying the central bank will be ready to hike rates at any meeting and should...
CVS, Enphase Energy, Chipotle, Lyft and more
Customers shop at the CVS Pharmacy, on Morrissey Boulevard, in Dorchester, on April 2, 2020. Some pharmacy workers worry about unsafe conditions at their stores. Pat Greenhouse | Boston Globe | Getty ...
Fed’s Bostic says more than 3 hikes possible this year, but needs to see how economy responds
Raphael Bostic, president and chief executive officer of the Federal Reserve Bank of Atlanta. Christopher Dilts | Bloomberg | Getty Images Atlanta Federal Reserve President Raphael Bostic said Wednesd...
Stock futures gain slightly with more big earnings ahead
Traders on the floor of the NYSE, Feb. 4, 2022. Source: NYSE U.S. stock futures rose slightly in overnight trading on Tuesday as investors prepare for another round of corporate earnings. Dow futures ...
Peloton, Harley-Davidson, Pfizer, Chegg and more
A mechanic works on a motorcycle at a Harley-Davidson showroom and repair shop in Lindon, Utah, U.S., on Monday, April 19, 2021. George Frey | Bloomberg | Getty Images Check out the companies making h...
Consumer debt totals $15.6 trillion after a record-breaking increase in 2021
A customer counts his cash at the register while purchasing an item at a Best Buy store in Flushing, New York. Jessica Rinaldi | Reuters Consumers ended 2021 with record levels of debt, leading into a...
Michael Lewis, three decades after ‘Liar’s Poker,’ says Wall Street is worse in some ways
Michael Lewis Adam Jeffery | CNBC When a 27-year-old Michael Lewis put his head down to write “Liar’s Poker” — the book that ultimately put him on best-selling lists and launched his...
Seven hikes? Fast-rising wages could cause the Fed to raise interest rates even higher this year
Too much of a good thing, in the form of rapidly rising wages, is expected to push Federal Reserve interest rate hikes at an even faster pace. Average hourly earnings jumped 0.7% in January and are no...
American Express launches its first digital checking account for rewards-hungry consumers
American Express Rewards Checking Source: American Express American Express, known for its array of perks-laden cards, is jumping into the highly competitive arena of digital checking accounts. The co...
Peloton, Novavax, Harley-Davidson and more
Take a look at some of the biggest movers in the premarket: Peloton (PTON) – Peloton CEO John Foley will be stepping down. The fitness equipment maker will also slash about 2,800 jobs or about 20% of ...
Stock futures inch higher after S&P, Nasdaq fall to start the week
U.S. stock index futures crept higher during overnight trading Monday, after the major averages moved between gains and losses during regular trading as the market awaits key inflation data later this...
Spirit Airlines, Peloton, Snowflake, Netflix and more
A Spirit Airlines aircraft takes off at Orlando International Airport. Paul Hennessy | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading. Frontier Gro...