In this article 9988-HK QCOM CMG UAL PLUG NUAN UBER TSLA A Tesla logo on a Model S is photographed inside of a Tesla dealership in New York. Lucas Jackson | Reuters Check out the companies making headlines in midday trading. Tesla — Shares of Tesla popped nearly 3% after Canaccord Genuity upgraded the stock
Finance
A Darktrace cybersecurity software demonstration shows how a global problem can start with just one employee’s work station. Michael S. Williamson | The Washington Post | Getty Images LONDON — British cybersecurity start-up Darktrace said Monday that it plans to go public in London, defying fears that Deliveroo’s disappointing IPO could put other tech firms
In this article @ND.1 @SP.1 @DJ.1 A Wall Street street sign is displayed in front of the New York Stock Exchange (NYSE) in New York, U.S., on Thursday, Feb. 11, 2021. Bloomberg | Getty Images Futures contracts tied to the major U.S. stock indexes held steady during the overnight session Sunday evening, suggesting Wall Street
One of the year’s hottest trades may get a boost from earnings season. RBC Capital Markets’ Gerard Cassidy expects financials to exceed Wall Street expectations when they start reporting this week. “The big beats are likely to come from the loan loss reserve releasing numbers,” the firm’s head of U.S. bank equity strategy told CNBC’s
In this article AMZN FUBO LEVI The fuboTV logo is hung from the New York Stock Exchange on the day of its IPO in the Manhattan borough of New York City, New York, U.S., October 8, 2020. Carlo Allegri | Reuters Check out the companies making headlines after the bell on Thursday: Levi Strauss –
Take a look at some of the biggest movers in the premarket: Levi Strauss (LEVI) – Levi Strauss reported quarterly profit of 34 cents per share for its latest quarter, 9 cents a share above consensus. Revenue also came in above Wall Street forecasts with help from a 41% rise in digital sales. The apparel
JPMorgan building in New York. Scott Mlyn | CNBC JPMorgan Chase boosted the number of Black and female college students selected for investment bank internships by leaning on technology platforms that help the firm broaden out its campus recruiting efforts, CNBC has learned. The company said that 18% of its corporate and investment bank summer
Saul Loeb | AFP | Getty Images The SEC is eyeing potentially misleading earnings projections made by SPAC sponsors and is seeking clearer disclosures, with one official hinting Thursday that the agency may issue a future rule to rein them in. Special purpose acquisition companies, known as SPACs or blank-check funds, are a hot-ticket item
A man wears Levis Strauss & Co. clothing during the company’s initial public offering (IPO) at the New York Stock Exchange (NYSE) in New York, U.S., on Thursday, March 21, 2019. Jeenah Moon | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Levi Strauss – Shares of the retailer jumped
The “Fearless Girl” sculpture is seen outside the New York Stock Exchange (NYSE) during a snow storm in New York, February 1, 2021. Brendan McDermid | Reuters BEIJING — As U.S.-China tensions continue to simmer under a new administration, risks for American investors with exposure to China are only going to rise, according to a
U.S. stock futures moved higher in overnight trading on Thursday after the S&P 500 notched a fresh record in the regular session. Dow futures rose about 50 points. S&P 500 futures gained 0.2% and Nasdaq 100 futures rose 0.17%. The major averages rose on Thursday, bolstered by gains in technology stocks. The Dow Jones Industrial
A person walks under a marquis for a closed down Paramount theater in Oakland, Calif. on Feb. 12, 2021. JOSH EDELSON | AFP | Getty Images It’s been a year since unemployment claims peaked at nosebleed levels and signaled the depth and severity of the Covid downturn. Yet claims for unemployment benefits persist at rates
In this article SCHW Pedestrians pass in front of a Charles Schwab bank branch in downtown Chicago, Illinois. Christopher Dilts | Bloomberg | Getty Images The pandemic spurred a flood of new retail investors into the stock market and a survey from Charles Schwab attempts to estimate the size of this this new generation of
People visit the Charging Bull Statue during Covid-19 pandemic in New York. Tayfun Coskun | Anadolu Agency | Getty Images Futures contracts tied to the major U.S. stock indexes ticked higher at the start of the overnight session Wednesday evening, suggesting that Wall Street could extend gains that have propelled the S&P 500 to record
In this article AXP Close-up of logo for finance company Kabbage on paper on a light wooden surface, June 13, 2019. Smith Collection/Gado | Archive Photos | Getty Images When the pandemic shut down Dawn Lindsay’s family carpet cleaning business last year, the U.S. government’s paycheck protection program provided a brief but essential lifeline. To
Jamie Dimon, CEO of JP Morgan Chase, speaking at the 2019 WEF in Davos, Switzerland on Jan. 23rd, 2019. Adam Galica | CNBC Jamie Dimon is bullish on the U.S. economy – at least for the next few years. Dimon, the long-serving JPMorgan Chase CEO and chairman, sees strong growth ahead for the world’s biggest
Traders work on the floor of the New York Stock Exchange. NYSE U.S. stock index futures advanced during overnight trading, after the major averages finished Tuesday’s session in the red. Futures contracts tied to the Dow Jones Industrial Average gained 58 points, or 0.17%. S&P 500 futures also rose 0.17%, while Nasdaq 100 futures were
JGI | Getty Images The IRS is automatically recalculating and refunding money to Americans who filed their tax returns without claiming a new tax break on unemployment benefits. However, taxpayers will have to file an amended tax return, in some cases, to get their maximum refund. That situation applies to people who, thanks to the
In this article CSG.N-CH A Swiss flag flies over a sign of Credit Suisse in Bern, Switzerland FABRICE COFFRINI | AFP | Getty Images Credit Suisse on Tuesday announced several high-level staff departures and proposed a cut to its dividend as it weighs heavy losses from the Archegos Capital saga. The Swiss lender now expects
A woman takes a selfie with the ‘Charging Bull’ statue on February 17, 2021 in New York City. ANGELA WEISS | AFP | Getty Images Stock futures held steady in overnight trading Monday after the Dow Jones Industrial Average and the S&P 500 both closed at record highs with strong economic data boosting hope for