After super charged, double-digital growth during the pandemic, the results from the five biggest U.S. tech giants this week showed a slowdown as they grapple with inflation, looming recession and an ...
Tag: Snap Inc
Weekend reads: Prepare for a big week — a crucial Federal Reserve decision, tech-company earnings and a GDP report
It was mostly a week for stocks, particularly a rebound in the tech-heavy Nasdaq Composite Index, as companies topped expectations on second-quarter earnings. The coming week brings a heavy dose of t...
American Express, Verizon, Schlumberger and more
Check out the companies making headlines before the bell: American Express (AXP) – American Express rallied 4.5% in the premarket after beating top and bottom line estimates for the second quarter. Ca...
Stock futures extend Dow rally as Netflix earnings beat estimates
U.S. stock futures traded higher on Wednesday morning after a sharp rally for the three major indexes during Tuesday’s regular trading session. Dow Jones Industrial Average futures rose 83 point...
Here’s Jim Cramer’s advice to navigate this uncertain earnings season
Earnings season is entering full swing on Wall Street, and CNBC’s Jim Cramer said Monday that investors would be wise to take a wait-and-see approach toward shares of companies that are about to...
Stock futures are flat after Dow reverses course to start busy earnings week
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, July 13, 2022. Brendan McDermid | Reuters Stock futures were flat after the Dow Jones Industrial Average slumped mor...
Delta Air Lines, Twitter, Snap and more
Check out the companies making headlines before the bell: Delta Air Lines (DAL) – Delta shares slid 2.9% in the premarket after reporting a mixed quarter. The airline earned an adjusted $1.44 per shar...
JD.com, Roku, Alibaba and more
Check out the companies making headlines before the bell: Adobe (ADBE) – Adobe shares fell 3.7% in premarket trading after the software company issued weaker-than-expected financial guidance for the c...
ESPN executive Dave Roberts pushes for more diversity
Dave Roberts Provided by ESPN Dave Roberts is a creature of habit. The ESPN executive, who has emerged as an influential force behind the scenes at the network, prefers to take business meetings at th...
Durability of U.S. stock- market bounce in question as inflation worries linger ahead of payrolls report
Investors took a breather this week as U.S. stocks bounced back from a weeks long selloff and the latest reading on inflation offered glimmers of optimism to those hoping for a peak in price pressures...
The market just posted an unhealthy AOL-Time Warner bubble comparison
A Teladoc rolling telehealth cart that allows physicians to meet with their patients remotely, on October 8, 2021. Newsday Llc | Newsday | Getty Images This week’s earnings details have included...
HCA Healthcare, Kimberly-Clark, Gap and more
Pedestrians pass in front of a GAP store in New York. Scott Mlyn | CNBC Check out the companies making headlines in midday trading Friday. American Express — Shares of the payment firm dipped 1.1% des...
American Express, Verizon, Kimberly-Clark and more
Check out the companies making headlines before the bell: American Express (AXP) – American Express rose 1.2% in the premarket after reporting better-than-expected profit and revenue for the first qua...
Stocks making the biggest moves after hours: Snap, Gap and more
People walk past Snap Inc. Snapchat signage displayed in downtown Los Angeles, California on October 2, 2021. Patrick T. Fallon | AFP | Getty Images Check out the companies making headlines after the ...
Tellurian, Wynn Resorts, Snap, Walgreens and more
Water from a fountain sprays into the air in front of signage for the Wynn Macau casino resort. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading ...
Tech companies fight attrition with more equity grants as stocks drop
Traders work on the floor of the New York Stock Exchange. Lucas Jackson | Reuters Tech companies are looking to issue new stock and cash perks as slumping share prices weigh on employees’ wallet...
Stay away from Snap here
Nucor Corp: “We see opportunities that we want to get ready for if the Fed raises [the interest rate] and the market comes down … Nucor’s up gigantically and we felt like bulls make ...
Opinion: As Snap melts down, its founders make sure to protect the people who matter: themselves
Snap Inc. has never been an investor-friendly company — as long as those investors weren’t its founders, at least — and the parent company of the Snapchat app made that even clearer Thursday. Amid a m...