Stock futures were little changed Tuesday night, following another wild session for the market. Dow Jones Industrial Average futures dropped 70 points, or 0.2%. S&P 500 futures dipped 0.2%, and Nasdaq 100 futures were off by less than 1%. Microsoft shares rose 1% in after-hours trading, after the company issued better-than-expected quarterly revenue guidance. Earlier,
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Scott Eells | Bloomberg | Getty Images Check out the companies making headlines in midday trading. General Electric — Shares fell more than 6% after the company missed revenue estimates for the fiscal fourth quarter. The conglomerate reported 92 cents in adjusted earnings per share on $20.3 billion in revenue. Analysts surveyed by Refinitiv were
Investors may be playing with fire. According to Morgan Stanley’s Mike Wilson, the S&P 500 is vulnerable to a 10% plunge despite Monday’s late buying binge. He warns investors are dangerously downplaying a collision between a tightening Federal Reserve and slowing growth. “This type of action is just not comforting. I don’t think anybody is
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. Futures contracts tied to the Dow Jones Industrial Average gained 19 points. S&P 500 futures were flat, while Nasdaq 100 futures
Former Goldman Sachs CEO and Chairman Lloyd Blankfein said that his view of cryptocurrencies has evolved after digital assets attracted trillions of dollars in value and a rapidly growing ecosystem. On Monday, Blankfein was asked by CNBC’s Andrew Ross Sorkin for his view on the nascent asset class, who noted that the former banker has
Consumers linger outside a Haikou duty free shop at Riyue Square, Haikou City, Hainan Province, China, on September 2, 2021. Wang Jianfeng | Future Publishing | Getty Images BEIJING — Chinese consumers are spending more on luxury goods at home, even if they can’t easily travel abroad due to pandemic-related restrictions, consultancy Bain & Company
Trader on the floor of the NYSE, Jan. 21, 2022. CNBC Stock futures rose slightly in overnight trading Sunday, following the S&P 500’s worst week since March 2020, as investors awaited more corporate earnings results and a key policy decision from the Federal Reserve. Futures on the Dow Jones Industrial Average edged up 100 points.
People walk in front of the entrance of the five-star Paris Marriott Hotel. Fred Dufour | AFP | Getty Images Check out the companies making headlines in midday trading. Marriott International — Shares of the hotel chain jumped more than 4% after the company provided an update on its development process in 2021. Marriott said
Federal Reserve Board Chairman Jerome Powell speaking at a re-nomination hearing of the Senate Banking, Housing and Urban Affairs Committee, on January 11, 2022, in Washington, DC. Pool / Getty The Federal Reserve on Thursday released its long-awaited study of a digital dollar, exploring the pros and cons of the much-debated issue and soliciting public
[The stream is slated to start at 7:30 a.m. ET. Please refresh the page if you do not see a player above at that time.] The Covid-19 pandemic sent the global economy into one of its worst recessions ever. And last year saw supply bottlenecks, surging inflation and new variants weigh further on the recovery. With that
In this article ISRG CSX SLB NFLX PTON PPG Check out the companies making headlines before the bell: Schlumberger (SLB) – The oilfield services company’s stock rose 1% in the premarket after it beat top and bottom-line estimates for the fourth quarter. Schlumberger earned an adjusted 41 cents per share, 2 cents above estimates, as
In this article JPM GS Tourists are lined up for taking photos by the Charging Bull Statue in the financial district of New York City, United States on August 16, 2021. Tayfun Coskun | Anadolu Agency | Getty Images Bonus season has arrived on Wall Street, and the bankers who produced record revenue last year
In this article DIS PTON NFLX INTC Netflix logo Mario Tama | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Netflix – Shares of the streaming giant tanked 21%, on pace for their worst day since July 2012. The steep sell-off came after Netflix admitted that streaming competition
A man walks past a Wells Fargo Bank branch on a rainy morning in Washington. Gary Cameron | Reuters U.S. banks closed a record number of retail branches in 2021 as customers increasingly turn to digital banking and the industry consolidates. On net, U.S. banks shuttered 2,927 branches last year, according to S&P Global Market
In this article CSX NFLX ISRG PPG In this photo illustration the Netflix logo in the App Store seen displayed on a smartphone screen. Rafael Henrique | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in after-hours trading: Netflix — Netflix shares dropped 19% in extended trading after the company’s
U.S. stock index futures were lower during overnight trading Thursday following a disappointing earnings report from Netflix, building on the major averages’ declines during regular trading. Futures contracts tied to the Dow Jones Industrial Average shed 14 points. S&P 500 futures were down 0.24%, while Nasdaq 100 futures declined 0.6%. Shares of Netflix tumbled 19%
In this article UAL TRV AAL SIG F RF Check out the companies making headlines before the bell: Travelers (TRV) – The insurance company reported a quarterly profit of $5.20 per share, well above the $3.86 consensus estimate, with revenue also beating analyst forecasts. Travelers benefited from stronger results in investment income and underwriting, and
In this article USB PG UNH STT MS SOFI Pampers Diapers, which are manufactured by Procter & Gamble, are displayed in an Associated Supermarket in New York. Ramin Talai | Bloomberg | Getty Images Check out the companies making headlines in midday trading. SoFi – Shares of the mobile financial services company surged more than
A trader on the floor of the New York Stock Exchange. Getty Images U.S. equities futures were little changed Wednesday after another choppy trading session as investors remained cautious amid rising rates and the Nasdaq dipped into correction territory. Futures tied to the Dow Jones Industrial Average slipped by 28 points, or 0.08%. S&P 500
In this article 6758.T-JP ADS BAC UNH MS PG Check out the companies making headlines before the bell: Bank of America (BAC) – Bank of America shares rallied 3.2% in the premarket after it beat estimates by 6 cents with a quarterly profit of 82 cents per share. Revenue was slightly below forecasts, but the