Take a look at some of the biggest movers in the premarket: Citrix Systems (CTXS) – Citrix is near a deal to be taken private for roughly $13 billion, according to multiple media reports. The deal wou...
Tag: Breaking News: Markets
Stock futures fall slightly ahead of final January session, S&P heads for worst month since March 2020
Traders work on the floor of the New York Stock Exchange at the opening bell Jan. 25, 2022. TIMOTHY A. CLARY | AFP | Getty Images Stock futures fell slightly in overnight trading on Sunday as investor...
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...
Robinhood shares rally 5% Friday after falling 14% in earlier trading
Baiju Bhatt and Vlad Tenev attend Robinhood Markets IPO Listing Day on July 29, 2021 in New York City. Cindy Ord | Getty Images Robinhood clawed back its major losses and gained on Friday as investors...
Key Fed inflation gauge rises 4.9% from a year ago, fastest gain since 1983
A gauge the Federal Reserve prefers to measure inflation rose 4.9% from a year ago, the biggest gain going back to September 1983, the Commerce Department reported Friday. The core personal consumptio...
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 ...
Chevron (CVX) earnings Q4 2021
Journalists are reflected in the sunglasses of drilling site manager Greg Murphy during a media day at Chevron’s site in Pungesti, Romania, April 8, 2014. Bogdan Cristel | Reuters Chevron shares...
Draft rules on overseas IPOs will apply to Hong Kong
People wear protective masks as they stand outside of the China Securities Regulatory Commission (CSRC) in the Financial Street on April 17, 2020 in Beijing, Emmanuel Wong | Getty Images News | Getty ...
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 wants to make stock trading available more hours of the day with ‘hyper-extended hours’
Photo Illustration by Pavlo Gonchar SOPA Images | LightRocket | Getty Images Robinhood is planning to roll out a feature to let its millions of clients trade stocks well outside of normal market hours...
Robinhood shares tank 15% after it loses users, forecasts weak revenue
Vlad Tenev, co-founder and CEO of Robinhood rings the opening bell at the Nasdaq on July 29th, 2021. Source: The Nasdaq Stock-trading app Robinhood gave a bleak revenue forecast for the first quarter ...
McDonald’s, Blackstone, Netflix and others
Check out the companies making headlines before the bell: Comcast (CMCSA) – The NBCUniversal and CNBC parent earned an adjusted 77 cents per share for the fourth quarter, 4 cents above estimates, with...
The manager of 2021’s top-performing hedge fund on his winning GameStop trade and lessons from it
(Click here to subscribe to the new Delivering Alpha newsletter.) On this day last year, investors watched in amazement as GameStop shares surged to a record high of $347.51. The stock had skyrocketed...
The fund that made $700 million on GameStop knew it was time to sell after an Elon Musk tweet
NurPhoto | NurPhoto | Getty Images One hedge fund got the GameStop trade just about perfectly right last year — buying it under $10 and selling when the meme stock peaked. The sell signal it used? An ...
GDP grew at a 6.9% pace to close out 2021, stronger than expected despite omicron spread
The U.S. economy grew at a much better than expected pace to end 2021 though the acceleration likely tailed off as the omicron spread put a damper on hiring and further hindered the global supply chai...
Stock futures rise as investors assess Fed update
Traders work on the floor of the New York Stock Exchange (NYSE) on January 18, 2022 in New York City. Spencer Platt | Getty Images Stock futures rose on Wednesday night after Federal Reserve chairman ...
Tesla, Netflix, LendingClub and more
The Tesla dealership in Eatonville, Florida is seen on March 1, 2019, the day after Tesla announced that it was closing its retail stores as a cost-cutting measure, in a shift to on-line only sales. P...
Federal Reserve statement January 2022: Here’s what changed
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting on Dec. 15. Text removed from the December sta...
Federal Reserve points to interest rate hike coming in March
Facing both turbulent financial markets and raging inflation, the Federal Reserve on Wednesday indicated it could soon raise interest rates for the first time in more than three years. In a move that ...
Boeing, AT&T, Mattel and others
Check out the companies making headlines before the bell: Boeing (BA) – Boeing reported a loss of $7.69 per share for the fourth quarter, as it took $4.4 billion in charges relating to a variety of is...
Microsoft, Mattel, F5, DraftKings, Clorox and more
Barbie dolls for sale at a Target store. Scott Mlyn | CNBC Check out the companies making headlines in midday trading. Corning — Shares of the tech and specialty glass company rallied more than 12% in...
Global oil benchmark tops $90 for the first time since 2014
An oil pump at sunset in Daqing, Heilongjiang province, China, on July 13, 2006. Lucas Schifres | Getty Images Brent crude futures, the international oil benchmark, topped $90 on Wednesday for the fir...
3M, Johnson & Johnson, General Electric and more
Take a look at some of the biggest movers in the premarket: 3M (MMM) – 3M rose 1.9% in the premarket after reporting quarterly earnings of $2.31 per share, 30 cents a share above estimates. Revenue al...
Berkshire Hathaway’s annual meeting — Buffett’s ‘Woodstock for Capitalists’ — set to return in person after 2 years virtual
Warren Buffett at Berkshire Hathaway’s annual meeting in Los Angeles California. May 1, 2021. Gerard Miller | CNBC Berkshire Hathaway said Tuesday its annual shareholders meeting will be held in...
Stock futures are little changed after another wild ride on Wall Street, Fed meeting in focus
Stock futures were little changed Tuesday night, following another wild session for the market. Dow Jones Industrial Average futures dipped 2 points, or less than 0.1%. S&P 500 futures rose margin...
Microsoft, F5, Navient & more
Microsoft CEO Satya Nadella speaks at Microsoft Developer Day in Singapore on May 27, 2016. Charles Pertwee | Bloomberg | Getty Images Check out the companies making headlines after the bell Tuesday: ...
American Express, General Electric, IBM and more
Scott Eells | Bloomberg | Getty Images Check out the companies making headlines in midday trading. General Electric — Shares fell 6% after the company missed revenue estimates for the fiscal fourth qu...
CNBC Fed Survey forecasts more aggressive Fed, but better economic growth
Federal Reserve Chairman Jerome Powell testifies during a Senate Banking, Housing and Urban Affairs Committee hearing on the CARES Act, at the Hart Senate Office Building in Washington, DC, U.S., Sept...
Cramer says selling not done for tech stocks trading at high multiples to sales: ‘Those have had it’
Jim Cramer Scott Mlyn | CNBC It’s been a bloody few weeks for once high-flying tech stocks and CNBC’s Jim Cramer believes there is still a bit more carnage to go for some parts of the mark...
Stock futures are little changed after volatile session
U.S. stock index futures were little changed in overnight trading Monday, after a wildly volatile session that saw the Dow erase a more than 1,100 point decline to finish the day in positive territory...