Finance

In this article JPM WFC GS BAC NKE FDX The Nike logo is seen on the Nike store on February 22, 2021 in New York City. John Smith | Corbis News | Getty Images Check out the companies making headlines after the bell: Nike —Shares of the shoe giant popped about 5% in extended trading

Jamie Dimon, chief executive officer of JPMorgan Chase & Co., gestures while speaking during a Bloomberg Television interview at the JPMorgan Global Markets Conference in Paris, France, on Thursday, March 14, 2019. Christopher Morin | Bloomberg | Getty Images JPMorgan Chase is `strongly’ urging all its U.S. employees get the Covid-19 vaccine, warning that the

He predicted tech’s recent comeback, and now Oppenheimer Asset Management’s John Stoltzfus believes Wall Street can avoid an unnerving summer setback. He attributes tech’s latest outperformance as a key reason why it could be a positive summer for investors. “That might be possible,” the firm’s chief investment strategist told CNBC’s “Trading Nation” on Wednesday. “Fundamentals

In this article CXM BYND SCS Source: Beyond Meat Check out the companies making headlines after the bell:  Beyond Meat — Shares of the plant-based meat company dipped 1.3% in extended trading after JPMorgan reported that Dunkin’ recently discontinued the Beyond Sausage breakfast sandwich. “We personally enjoyed the Beyond Sausage sandwich at Dunkin’ and thought

Take a look at some of the biggest movers in the premarket: GlaxoSmithKline (GSK) – The drugmaker’s stock rose 3.5% in the premarket after it detailed plans to spin out its consumer health-care business into a separate company. Glaxo will eventually receive an $11 billion payment from the new company. MicroStrategy (MSTR) – MicroStrategy rallied

U.S. stock index futures were little changed during overnight trading on Tuesday, after the S&P 500 closed just shy of a new record. Futures contracts tied to the Dow Jones Industrial Average advanced 28 points. S&P 500 futures were flat, while Nasdaq 100 futures gained 0.07%. All three major averages finished Tuesday’s session in the

Getty Images After saving up for decades to retire, many Americans are excited to finally stop working and enjoy their free time. Yet for some, switching to a spending mindset after being so focused on saving can be a difficult transition. “There’s a lot of unknows and if there hasn’t been detailed planning or a

Take a look at some of the biggest movers in the premarket: GameStop (GME) – The videogame retailer’s stock jumped 6.8% in the premarket after it had announced it had completed a previously announced sale of 5 million common shares, raising $1.126 billion. MicroVision (MVIS) – MicroVision shares slid 10.8% in the premarket after the

In this article JPM LB Pedestrians walk past a Bath & Body Works store. Craig Warga | Bloomberg | Getty Images Lingerie retailer Victoria’s Secret is taking out a $500 million loan to finance its split from Bath & Body Works, Bloomberg News reported Monday. The loan is due 2028 and could pay interest that’s

Traders on the floor of the New York Stock Exchange. Source: NYSE Monday’s aggressive stock market rally came despite the fears of one Wall Street firm that investors still aren’t appreciating how quickly the Federal Reserve could start raising rates. After getting hammered in the final three trading days last week, Wall Street came roaring

Take a look at some of the biggest movers in the premarket: MicroStrategy (MSTR) – MicroStrategy shares tumbled 8.7% in premarket trading amid a slide in bitcoin prices following the expansion of China’s crackdown on bitcoin mining. The business analytics company is among the biggest corporate investors in bitcoin, with several billion dollars in holdings

A worker pours wine at a winery in Yinchuan, Ningxia Hui Autonomous Region in 2015. GOH CHAI HIN | AFP | Getty Images BEIJING — Fresh off a surge in wine exports and a visit from President Xi Jinping last year, China wants to turn its primary wine-producing region of Ningxia into one that rivals

In this article CCL SWBI FOXA ADBE Adobe Systems world headquarters in downtown San Jose, Calif. Lisa Werner | Moment Mobile | Getty Images Adobe — Shares of the digital cloud giant rose nearly 3% after it reported quarterly earnings of $3.03 per share. That figure beat analysts’ expectations by 22 cents, according to Refinitiv.

Traders working at the New York Stock Exchange (NYSE), on May 19, 2021. NYSE U.S. stock futures inched up slightly on Thursday night, following a two-day sell-off for the Dow in the wake of the Federal Reserve’s policy update. Futures for the Dow Jones Industrial Average were up 0.01%. Futures for the S&P 500 ticked

The Klarna logo displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket via Getty Images LONDON — Europe’s tech sector has already attracted more venture capital investment so far this year than it did throughout the whole of 2020, according to data shared with CNBC. Start-ups in the continent have raised a whopping

Take a look at some of the biggest movers in the premarket: Adobe (ADBE) – Adobe reported quarterly profit of $3.03 per share, 21 cents a share above estimates. The software company’s revenue also topped Wall Street forecasts and Adobe gave stronger-than-expected current-quarter guidance. Its shares rose 3.1% in premarket trading. Smith & Wesson (SWBI)

St. Louis Federal Reserve President James Bullard told CNBC on Friday that he sees an initial interest rate increase happening in late-2022 as inflation picks up faster than previous forecasts had anticipated. That estimate is even quicker than the outlook the broader Federal Open Market Committee released Wednesday that caused a hit to financial markets.

In this article JPM LEN TK NVDA C FOXA A sign is posted in front of the NVIDIA headquarters on May 10, 2018 in Santa Clara, California. Justin Sullivan/Getty Images Check out the companies making headlines in midday trading. Nvidia — Shares of Nvidia gained 2.3% after Bank of America raised its price target on

Treasury yields may be about to break out. Even though yields temporarily fell after this week’s Federal Reserve decision on interest rates, Wells Fargo Securities’ Michael Schumacher expects the benchmark 10-year Treasury Note rate to end the year as high as 2.20%. “The 10-year yield is going up a fair bit through the remainder of

BEIJING — Chinese dancer and TV host Jin Xing is confident the entertainment industry will return to normal, and that the arts will be more prized post-pandemic. In China, where stringent lockdowns helped control the domestic spread of Covid-19 within months, Jin’s private dance company was able to resume national touring last year, she told