Check out the companies making headlines before the bell: Hormel (HRL) – The food producer’s stock slid 6.4% in the premarket after reporting a mixed quarter. Earnings beat estimates, but sales ...
Tag: Business
Suze Orman says, ‘We’re heading downhill very fast,’ unless employers start providing this lucrative benefit to their workers
Americans trying to save some cash for unforeseen expenses are up against a lot — months of red-hot inflation, wages that don’t keep up, the sheer difficulty of delayed gratification in a time when pe...
NTAP Stock Drops As Outlook Falls Short| Investor’s Business Daily
NetApp (NTAP) reported fiscal second-quarter results late Tuesday that beat on earnings, but the tech firm presented a revenue and earnings outlook that fell short of expectations. NTAP stock plunged ...
I like Morgan Stanley over SoFi Technologies
Morgan Stanley: “That’s the kind of stock that we like here. … We are in real companies that make real things, return real capital and Morgan Stanley is one of those.” Intuitiv...
Kroger and Albertsons executives defend proposed merger at hearing
Albertsons and Kroger supermarkets Bridget Bennett | Bloomberg | Getty Images; Brandon Bell | Getty Images The battle over whether grocery giants Kroger and Albertsons should be allowed to combine is ...
Nio, Li, Xpeng, BYD Leap Amid These Hopeful Signs| Investor’s Business Daily
China EV sales are seen rising in a seasonally strong November, with Nio (NIO) poised for a sharp rebound. Hopes have also mounted for a shift in China’s ultra-strict Covid policy, which has wei...
Charts suggest the S&P 500 is at a ‘make-or-break’ moment, Jim Cramer says
CNBC’s Jim Cramer on Tuesday said that the S&P 500 is at a critical moment that could send it higher or cut its upward trajectory short. “The charts, as interpreted by Carolyn Boroden,...
Shopper turnout hit record over Black Friday weekend, trade group says
A record number of holiday shoppers – 196.7 million – flocked back to stores and hunted for deals from Thanksgiving Day to Cyber Monday, according to a survey by the National Retail Federation, which ...
Cramer says he likes stocks in these 4 industries over tech right now
CNBC’s Jim Cramer on Tuesday offered investors a list of industries they should eye over tech when managing their portfolios. Here is his list: related investing news Buy this Big Tech stock now...
Tesla’s dominance of EVs is eroding as cheaper cars hit the market
Tesla is still the top-selling electric vehicle brand in the U.S., but its dominance is eroding as rivals offer a growing number of more affordable models, according to a report Tuesday by S&P Glo...
Netflix’s plan kept ‘Glass Onion’ from more box office millions
Netflix probably left hundreds of millions of dollars on the table by not keeping Rian Johnson’s “Glass Onion” in theaters. The sequel to Johnson’s critically acclaimed “...
Amazon used AWS in satellite experiment
An image captured by the ION Elysian Eleonara satellite in January 2022. D-Orbit Amazon’s cloud computing division successfully ran a software suite on a satellite in orbit, in a “first-of...
Energy markets facing ‘one or two years of extreme volatility’: CEO
This image, from March 2022, shows wind turbines and gas storage facilities in Germany. Europe’s energy markets have experienced turbulence in recent months. Jan Woitas | Picture Alliance | Gett...
ERI’s John Shegerian Points to FTX Failure as Prime Example Why Qualified, Ethical Governance is Essential in Business
NEW YORK–(BUSINESS WIRE)–#circulareconomy–In the wake of the massive FTX Crypto collapse, which many experts and analysts are referring to as “the biggest and most far-reaching financial scandal in re...
Workday, CrowdStrike, Horizon and more
CrowdStrike IPO at the Nasdaq exchange June 12, 2019. Source: Nasdaq Check out the companies making headlines in after-hours trading. Workday — Workday gained 6% postmarket Tuesday after earnings beat...
Apple, Chevron, Bilibili, Hibbett & more
Silhouette of a mobile user seen next to a screen projection of the Apple logo in this picture illustration taken March 28, 2018. Dado Ruvic | Reuters Check out the companies making headlines in midda...
In the first significant fallout from the collapse of FTX, cryptocurrency business BlockFi files for bankruptcy
Join Our Telegram channel to stay up to date on breaking news coverage As a result of the failure of cryptocurrency exchange FTX, another cryptocurrency company has collapsed: BlockFi has announced th...
U.S. stocks have worst day in nearly three weeks as hawkish Fed speak, China worries rattle markets
U.S. stocks had their worst day in nearly three weeks on Monday as protests in China raised global-growth risks and Federal Reserve officials said more interest-rate increases will be needed to subdue...
U.S. criticizes Beijing, supports right to protest
People hold white sheets of paper and flowers in a row as police check their IDs during a protest over coronavirus disease (COVID-19) restrictions in mainland China, during a commemoration of the vict...
Cramer says these 5 factors could help the Dow keep beating the other major indexes
CNBC’s Jim Cramer on Monday explained why he believes the Dow Jones Industrial Average will continue to outperform the Nasdaq Composite and S&P 500 next year. “As we head into the end ...
Enphase Energy is a buy
Rio Tinto PLC: “You need to see commodity inflation come back. I will say, it’s a great hedge against long-term inflation, though.” NIO Inc: “That one seems very dicey.” ...
Disney CEO Bob Iger talks ‘Don’t Say Gay,’ LGBTQ inclusion at town hall
Bob Iger poses with Mickey Mouse attends Mickey’s 90th Spectacular at The Shrine Auditorium on October 6, 2018 in Los Angeles. Valerie Macon | AFP | Getty Images Following criticism of its past ...
Strong labor report could bring bigger Fed hikes
CNBC’s Jim Cramer on Monday told investors that a key labor report could help drive the Federal Reserve’s inflation strategy. “We need to see the unemployment rate go higher, while w...
Flu hospitalizations increase nearly 30% as U.S. enters holiday season
Susana Sanchez, a Nurse Practitioner, administers a flu vaccination to Loisy Barrera at a CVS pharmacy and MinuteClinic in Miami, Florida. Joe Raedle | Getty Images Flu hospitalizations have increased...
U.S. warns California cities possible water cuts in fourth dry year
Houseboats on Lake Oroville during a drought in Oroville, California, U.S., on Monday, Oct. 11, 2021. David Paul Morris | Bloomberg | Getty Images Federal water managers on Monday warned California ci...
Terra’s DAO Platform Is Open for Business
Terra founder Do Kwon is still wanted by Interpol, but the team behind the protocol’s stablecoin has launched a platform for building DAOs on its blockchain. Terraform Labs built Enterprise, a “no-cod...
Kellogg, General Mills, Post cereal sales slow after pandemic surge
Kellogg, the 117-year-old brand that started as a breakfast cereal company has since expanded to be one of the largest food companies in the world, has seen declining cereal sales over the past couple...
Amazon Closing Its Distribution Business in India
While there is no direct reason why Amazon is shutting down its distribution business in India, evidence points to the growing competition in the country’s e-commerce sector may be squeezing out the r...
UK property demand down 44% since market-rocking mini budget: Zoopla
Estate agents “Sold” and “For Sale” signs outside residential properties in the Maida Vale district of London, UK, on Thursday, June 30, 2022. Bloomberg | Bloomberg | Getty Ima...
20 dividend stocks with high yields that have become more attractive right now
Income-seeking investors are looking at an opportunity to scoop up shares of real estate investment trusts. Stocks in that asset class have become more attractive as prices have fallen and cash flow i...