Jensen Huang, chief executive officer of Nvidia Corp. David Paul Morris | Bloomberg | Getty Images Chipmaker Nvidia will issue an earnings report for the first quarter of fiscal 2020 after the market close on Thursday. Here are the numbers to watch: Earnings: Excluding certain items, 81 cents per share as expected by analysts, according
A flurry of Fed speakers and any new trade developments could shake up what normally might be a slow week of trading ahead of the three-day Memorial Day holiday weekend. Stocks ended the past week with losses, as trade-related headlines caused big swings in the market. The Dow ended the week with a 0.7% loss
Alys Tomilson | Getty Images Student loans aren’t the reason there’s a student debt crisis in this country. The real problem is that there’s not adequate education, information or support systems in place to help students (and their families) make smarter college choices while they are still in high school. Nationwide, college student loan debt
Michael Roman, CEO, 3M Scott Mlyn | CNBC Shares of industrial products maker 3M have been hit hard since the company’s disappointing first-quarter earnings report in April, and J.P. Morgan warned investors on Friday that there is more pain to come. J.P. Morgan analyst Stephen Tusa said in a note that 3M’s “premium valuation is unjustified by
FluxFactory | E+ | Getty Images Nobody likes to get a poor grade. But those online “test-your-financial-literacy quizzes can be irresistible. They’re short. You think you’ll do pretty well. Then, wham. You failed. How bad should you feel? Probably not very. When U.S. managers, including corporate executives, were tested on basic financial literacy, the average
The China trade drama is not over. Getty Now that President Trump’s China trade drama has caused another dip, readers are asking if this is a good time to invest? The best time to buy stocks is when they are down for reasons that have little to do with the company, and this is one
Social Security may be one of your largest assets. What and when you collect will make a huge difference to your lifetime benefits. Today’s column explores the wisdom of relying on ‘knowledgeable’ friends for Social Security advice, whether a restricted application is possible for a couple, filing for spousal benefits while retirement benefits are suspended
When calling a successful portfolio owner for a listing, every commercial real estate broker can tell you the most common phrase they hear: “I would sell if I had a place to put the money.” Typically these owners do not sell property but continue to purchase buildings to add to their portfolio — and the
Salesforce co-CEO Marc Benioff, left, and the company’s chief technology officer, Parker Harris, look on during a keynote address at Salesforce’s 2013 Dreamforce conference in San Francisco on Nov. 19, 2013. Justin Sullivan | Getty Images News | Getty Images Salesforce said on Friday that a technical snafu resulted in customers losing access to some
A technician checks on a stack of wafers at the Applied Materials facility in Santa Clara, California. David Paul Morris | Bloomberg | Getty Images Applied Materials forecast third-quarter profit and revenue above estimates and reported better-than-expected quarterly results on Thursday, allaying investor concerns about slowing semiconductor demand. Shares of the company rose nearly 6%
China’s currency has been an important barometer for progress in U.S.-Chinese trade talks, and right now it’s signaling that things aren’t going well. The question is whether that signal is intentional, and whether Chinese officials will step in to prevent the yuan from reaching a key psychological low of 7 to the dollar. That level
Bloomberg | Getty Images Amid concerns about trade wars and political dysfunction, the wealthiest investors are padding their cash cushions. Members of TIGER 21, a group of more than 600 individuals with at least $10 million to invest, increased their allocation toward cash and cash equivalents to 12% from 10% during the first quarter, according
Chinese President Xi Jinping and U.S. President Donald Trump attend a welcome ceremony at the Great Hall of the People in Beijing on November 9, 2017. Fred Dufour | AFP | Getty Images On Friday, we had positive news on trade related to delaying tariffs on European auto imports and eliminating steel and aluminum tariffs
Signage is displayed inside the Consumer Financial Protection Bureau (CFPB) headquarters in Washington, D.C., U.S., on Monday, March 4, 2019. Andrew Harrer | Bloomberg | Getty Images The nation’s consumer watchdog agency on Friday filed suit against a debt-collection law firm, accusing it of using deceptive practices to get consumers to pay money that they
Beverly Hills City Hall in Beverly Hills, California on January 13, 2018. Raymond Boyd | Michael Ochs Archives | Getty Images LOS ANGELES — The Beverly Hills City Council will consider a first-in-the-nation ban on all tobacco sales next Tuesday. The ordinance would apply to cigarettes, cigars, pipe tobacco, chewing tobacco and electronic cigarettes sold
The Caveman is evolving. You wouldn’t know it to look at him out of makeup, but this comedic performer, writer and producer got his first break playing the ever-famous, metrosexual cavemen that somehow eluded extinction while developing a taste for racquet ball and “duck with mango salsa,” and was insulted by GEICO’s ad tagline, “So easy,
The daily jousting between UK Prime Minister Theresa May, members of her Parliament, and EU leaders has captivated the news media, with its endless play-by-play action. As growing pressure has mounted on May to resign following her third failed proposal, she is desperately trying to hold a fourth and likely final vote for the first
This estate in Bridgehampton is listed for $49.995 million. Courtesy of Out East via Bespoke Real Estate The Hamptons housing market is gearing up for a new summer season and included in it are several homes that aim to surpass last year’s most expensive sale. Closing at $40 million, 290 Further Lane in East Hampton
Tradeweb Markets Inc.: “That’s a very smart company … I’ve gotta tell you it’s got these big bank stakes. They’re all behind it. It’s gonna work.” Amgen Inc.: “I don’t know. It’s got a yield. You probably want more than that.” Palo Alto Networks Inc.: “Charitable trust owns it. We’re staying in it. Buy it.”
A John Deere excavator on display at the CONEXPO show in Las Vegas. Michael Newberg | CNBC Deere on Friday reported a lower-than-expected quarterly profit and cut its full-year outlook, as an escalating trade war between the United States and China threatens to hit U.S. exports of key commodities, hurting farm incomes and demand for