Atlassian Corp. shares dropped in the extended session Thursday after the business-collaboration software company’s earnings and revenue outlook fell short of Wall Street expectations as executives sa...
Tag: Markets
Fed dials up interest rate by 75 bps – the 4th time in 2022; markets react
The Fed announces 4th consecutive 75-bps hike in fed rate. BTC and Ether fall marginally. Fed may go easier with fed rates in the future. Markets were prepared for the rate-hike The Federal Reserve (F...
Starbucks (SBUX) solid Q4 earnings, guidance despite China drag
Club holding Starbucks (SBUX) reported strong fiscal fourth-quarter results after the closing bell Thursday, giving us confidence that demand can endure the softness in the global economy and China...
Cramer’s lightning round: I’m sticking with Nvidia
Nvidia Corp: “I know it’s overvalued right now. … I think a year from now, the stock’s going to be higher, and I’m sticking with Nvidia.” GoPro Inc: “I said s...
Jim Cramer says to parse the Dow for recession-resilient stocks
CNBC’s Jim Cramer on Thursday advised investors on where to look for stocks that can withstand a potential economic downturn. “The Dow Jones Industrial Average is filled with relatively ch...
Virgin Galactic Q3 2022 earnings
Virgin Galactic pilots walk to the company’s SpaceShipTwo Unity spacecraft, attached to the jet carrier aircraft Eve. Virgin Galactic Virgin Galactic on Thursday reported a wider third-quarter l...
4 of our stocks are in the news. Here’s the Club’s take on each development
Four of our Club holdings — Costco Wholesale (COST), Amazon (AMZN), Humana (HUM) and Bausch Health (BHC) — were in the news Thursday. Here’s how we feel about the developments. Costco The news: ...
Block, PayPal, Carvana, Twilio and more
A Starbucks location in New York. Scott Mlyn | CNBC Check out the companies making headlines after hours. Block — The mobile payment stock jumped 12% after Block reported third-quarter results that be...
Starbucks (SBUX) Q4 2022 earnings
The ornate art decor of the Starbucks coffee chain in Xujiahui district attracts customers’ attention in Shanghai, China, May 12, 2021. Costfoto | Barcroft Media | Getty Images Starbucks is expe...
Self-Driving Technology Provider Luminar Just Hit a Big Milestone
After 10-plus years of moonshot R&D, Luminar Technologies has made it into automotive production with its radarlike systems. Wednesday evening, lidar maker Luminar (ticker: LAZR) reported third-qu...
Under Armour, Robinhood, Peloton, Lincoln National and more
Check out the companies making headlines in midday trading Thursday. Under Armour — Shares of the athletic apparel maker jumped 11.6% after the company reported better-than-expected earnings for its l...
Restaurant Brands International (QSR) Q3 2022 earnings
A sign is posted in front of a Burger King restaurant on February 15, 2022 in Daly City, California. Justin Sullivan | Getty Images Restaurant Brands International on Thursday reported stronger sales ...
Value investors make a big comeback with one of their best months since 1978
Traders work on the floor of the New York Stock Exchange during morning trading on November 02, 2022 in New York City. Michael M. Santiago | Getty Images Value investors have come back with a vengean...
Goldman Sachs unveils crypto classification system, aimed at institutional investors
A Goldman Sachs Group Inc. logo hangs on the floor of the New York Stock Exchange in New York, U.S., on Wednesday, May 19, 2010. Daniel Acker | Bloomberg | Getty Images Goldman Sachs is making a bid t...
Rstaurant Brands International (QSR) Q3 2022 earnings
A sign is posted in front of a Burger King restaurant on February 15, 2022 in Daly City, California. Justin Sullivan | Getty Images Restaurant Brands International on Thursday reported quarterly earni...
Restaurant Brands, Under Armour, Peloton and more
Check out the companies making headlines before the bell: Restaurant Brands (QSR) – The parent of Burger King, Tim Hortons and Popeyes saw its stock rally 4% in premarket trading after the company rep...
PayPal Reports Earnings Today. What to Expect.
PayPal may be in the midst of a turnaround but Wall Street still expects the payments company to post a sharp drop in earnings when it reports third-quarter financial results after the bell Thursday. ...
Companies look to diversify as China’s Covid controls take a toll
After a Covid outbreak at a Foxconn factory in Zhengzhou, China, some workers chose to go home. Pictured here are the shuttle buses on Oct. 30, 2022. Vcg | Visual China Group | Getty Images BEIJING — ...
BIS to Adopt DeFi Implementation in Forex CBDC Markets
In its exploration of blockchain technology, the Bank for International Settlements (BIS), along with the “Eurosystem” – central banks of France, Singapore, and Switzerland will be launchi...
Analyzing What’s Next for Europe’s Markets in Crypto Assets Law
All that’s easier said than done. Just to apply for a license you already need to be an EU-based legal entity, such as a company or formal partnership – which already rules out many decentralized gove...
I don’t want to own Taiwan Semiconductor
Cerence Inc: “In a market like this, it can go to $13, $12. If you can take that level of pain, you can absolutely buy it, because it is a good company.” Matterport Inc: “It’s ...
Jim Cramer picks 4 apparel stocks that are ‘worth owning’
CNBC’s Jim Cramer on Wednesday offered investors a list of apparel stocks they should consider adding to their shopping lists. “I’m still bearish on apparel and footwear in general, ...
Stay away from ‘fool’s gold’ software stocks
CNBC’s Jim Cramer on Wednesday advised investors to stay away from software stocks. “Data has become fool’s gold. Data is iron pyrite. When you hear the word data and you see a loss,...
Boeing forecasts jump in aircraft deliveries, up to $5 billion in free cash flow next year
An aerial view of the engines and fuselage of an unpainted Boeing 737 MAX airplane parked in storage at King County International Airport-Boeing Field in Seattle, Washington, June 1, 2022. Lindsey Was...
Roku, Qualcomm, Etsy and more
A video sign displays the logo for Roku Inc, a Fox-backed video streaming firm, in Times Square after the company’s IPO at the Nasdaq Market in New York, September 28, 2017. Brendan McDermid | R...
American Airlines pilots’ union rejects new contract proposal
American Airlines jet parked at LaGuardia International Airport in New York. Adam Jeffery | CNBC American Airlines pilots’ union on Wednesday said its board of directors rejected a tentative ag...
Stocks await Fed, Club earnings
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 Wednesday’s key moments. Fed decision ahead Quick...
Fed approves 0.75-point hike to take rates to highest since 2008 and hints at change in policy ahead
The Federal Reserve on Wednesday approved a fourth consecutive three-quarter point interest rate increase and signaled a potential change in how it will approach monetary policy to bring down inflatio...
Fed Decision Looms Over Financial Markets, Is Bitcoin Safe?
Bitcoin and the entire crypto market are currently waiting with bated breaths to see the outcome of the FOMC meeting. The United States Federal Reserve Open Market Committee (FOMC) meeting began on No...
Opinion: How Powell pivoted away from the Fed’s dovish message and tanked the markets
Fed Chair Jerome Powell is learning on the job. He didn’t repeat the mistake he made in his July press conference, when he said some things that markets interpreted as signs that the Fed was wavering ...