Finance

Something that’s never happened in the oil market is happening today: Negative prices for oil contracts. While many people may see this and think the overall price of oil is negative, there’s nuance. The short answer is that no, not all oil is free. The picture in the market is not as bleak as this

Take a look at some of the biggest movers in the premarket: Halliburton (HAL) – The oilfield services company reported quarterly profit of 31 cents per share, 7 cents a share above estimates. Revenue also beat Wall Street forecasts. Halliburton warned North American activity will sharply decline during the current quarter, due to oversupply and

A man wears a protective mask as he walks on Wall Street during the coronavirus outbreak in New York City, New York, U.S., March 13, 2020. Lucas Jackson | Reuters U.S. stock futures opened lower on Sunday night as investors weigh the latest news on the coronavirus front along with another decline in crude prices. 

New York Federal Reserve President John Williams said that he sees some aspects of the economy coming back online but doubts growth will get back to normal through 2020. Williams spoke Friday with Steve Liesman on CNBC’s “Squawk Box.” Areas such as construction should be the first to come back, he said, echoing comments from

James Bullard David A. Grogan | CNBC St. Louis Federal Reserve President James Bullard proposed what he sees as the best economic solution to the coronavirus crisis: Pay full costs for any firm that comes up with a test for the virus that can assure the public that it’s safe to resume activity. Doing so,

Lyft driver Steven Smith uses a sanitizing wipe to disinfect his vehicle as he waits to get a call from a passenger in San Francisco, Calif. on Thursday, March 19, 2020. Smith and other Lyft drivers have seen a decline in ridership amidst the Bay Area’s shelter-in-place in response to the global outbreak of the

Charlie Munger Lacy O’Toole | CNBC Speculation about what Berkshire Hathaway‘s Warren Buffett is doing during this crisis is a common topic among investors these days, with most expecting the “Oracle of Omaha” to make a classic value purchase during this tumultuous time or a rescue cash infusion to a struggling company he likes over the

The seal of the Internal Revenue Service (IRS) hangs on a podium during an IRS Criminal Investigation 100th year anniversary event at the agency’s headquarters in Washington, D.C., U.S., on Monday, July 1, 2019. Photographer: Andrew Harrer/Bloomberg via Getty Images Bloomberg An unlikely group counts itself among the recipients of the coronavirus stimulus checks: the

Pedestrians pass a JPMorgan Chase & Co. bank branch near the New York Stock Exchange in 2018. Bloomberg | Bloomberg | Getty Images JPMorgan Chase says it has closed more small business relief loans than any other bank, but it still has a huge mountain of applications from business owners who are now in limbo. 

Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 2, 2020. Brendan McDermid | Reuters 7:55 am: Dow futures point to 700-point gain, S&P 500 set for 2.5% jump at open Futures contracts tied to the major U.S. stock indexes pointed to strong gains at the opening

Investor Peter Boockvar anticipates another 20% pullback could hit the market. The Bleakley Advisory Group chief investment officer told CNBC’s “Trading Nation” on Thursday that the coronavirus’ economic fallout is trapping the S&P 500 in a trading range. “A lot of the bad news that we’re seeing now in terms of the numbers were priced

The Wall Street Bull, located in the financial district of New York City. Mike Roy | MCT | Tribune News Service | Getty Images The ETF that tracks the S&P 500 rallied in after-hours trading Thursday after a report said a Gilead Sciences drug was showing effectiveness in treating the coronavirus. The move pointed to

This is a live blog. Here’s what’s happening: 7:55 am: Global virus cases top 2 million, Trump to announce reopening guidelines There have now been more than 2 million confirmed cases of the coronavirus worldwide, according to data from Johns Hopkins University. The United States has the most confirmed cases with more than 630,000. Spain, Italy,

Check out the companies making headlines after the bell. American Airlines Boeing 787-8 Dreamliner aircraft. Nicolas Economou | NurPhoto | Getty Images Bed Bath & Beyond — The home goods retailer’s stock soared 12% in extended trading after the company posted a double beat on earnings and revenue in the fourth quarter. Bed Bath &

Earnings season may look ugly, but Crossmark’s Global Investments’ Victoria Fernandez isn’t getting discouraged. She believes there are opportunities in the coronavirus battered market. “We’ve seen some already. If you look at some of the health care names — UnitedHealth gave a good report,” the firm’s chief market strategist told CNBC’s “Trading Nation” on Wednesday. 

A man walks by the NYSE as flags fly at full staff on April 09, 2020 in New York City. Kena Betancur | Getty Images This is a live blog. Check back for updates. 7:59 am: Airlines jump after reaching aid agreement with Treasury Department Shares of major airline companies surged in premarket trading on Wednesday

A worker carries out sanitation operations for the Coronavirus emergency in Piazza dei Miracoli near to the Tower of Pisa in a deserted town on March 17, 2020 in Pisa, Italy. Laura Lezza | Getty Images An increasing number of countries could default on their debt in the coming 12-18 months as governments globally increase

Stock futures were flat in overnight trading following a big rally in the previous session fueled by optimism that the coronavirus outbreak is improving in the U.S.  Dow futures rose 0.25%, indicating a gain of 13 points. The S&P 500 and Nasdaq were set to open slightly lower. Signs that the coronavirus pandemic is easing

This is a live blog. Please check back for updates.  8:25 am: Roku says streaming hours nearly doubled in the first quarter, stock jumps Shares of the television streaming platform soared nearly 15% in premarket trading on Tuesday after the company said its first-quarter streaming hours to be 13.2 billion, a 49% increase year-over-year. Roku said it expects

The Roku 3 television streaming player menu is shown on a television in Los Angeles, California, U.S., on Thursday, Sept. 12, 2013. Patrick T. Fallon | Bloomberg via Getty Images Check out the companies making headlines after the bell. Roku Inc — The television streaming platform’s stock soared 9% in extended trading after the company estimated