U.S. stock futures were slightly higher on Wednesday night ahead of key inflation data due Thursday morning. Dow Jones Industrial Average futures rose 50 points, or 0.1%. S&P 500 futures were unchanged and Nasdaq 100 futures dipped 0.03%. Shares of Disney jumped 8% after hours after the company reported a quarterly earnings beat and a
Finance
Atlanta Federal Reserve President Raphael Bostic said Wednesday he anticipates hiking interest rates three or four times this year, but he stressed that the central bank isn’t locked into a specific plan. Speaking on CNBC’s “Squawk Box,” the policymaker signaled a view that is less aggressive than the market’s on rates. “In terms of hikes
Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines after the bell: Chipotle — Shares of the Mexican fast-food chain rose more than 8% in after-hours trading after the company reported quarterly earnings that topped analyst expectations. Menu price hikes helped offset inflation without hurting customer demand. However, Chipotle said it
Traders on the floor of the NYSE, Feb. 4, 2022. Source: NYSE U.S. stock futures rose slightly in overnight trading on Tuesday as investors prepare for another round of corporate earnings. Dow futures rose about 50 points. S&P 500 futures gained 0.2% and Nasdaq 100 futures rose 0.2%. Chipotle rose more than 7% in after-hours
Michael Lewis Adam Jeffery | CNBC When a 27-year-old Michael Lewis put his head down to write “Liar’s Poker” — the book that ultimately put him on best-selling lists and launched his dazzling writing career — never did he expect it to become required reading on Wall Street. In fact, he had a different book
U.S. stock index futures crept higher during overnight trading Monday, after the major averages moved between gains and losses during regular trading as the market awaits key inflation data later this week. Futures contracts tied to the Dow Jones Industrial Average added 0.1%. S&P 500 futures gained 0.16%, while Nasdaq 100 futures were up 0.24%.
In this article AMGN SPGS James Tahaney loads textbooks on to a pallet in preparation for shipping at the Chegg warehouse in Shepherdsville, Kentucky, April 29, 2010. John Sommers II | Bloomberg | Getty Images Check out the companies making headlines in after hours trading: Take-Two Interactive — Shares of the video game company shed
The logo of cryptocurrency network Polygon. Jakub Porzycki | NurPhoto via Getty Images Sequoia Capital is playing catchup with arch-rival Andreessen Horowitz in the race to invest in what could be the future of the internet — so-called Web3. The Silicon Valley venture capital firm led a $450 million investment in Polygon, a blockchain network.
A worker removes cooled 12 kilogram gold ingots from their molds in the foundry at the Prioksky non-ferrous metals plant in Kasimov, Russia, on Thursday, Dec. 9, 2021. Andrey Rudakov | Bloomberg | Getty Images Gold prices have remained resilient in recent weeks in the face of broad market volatility, decoupling somewhat from its typical
Olympic Games Jam: Beijing 2022 is a Winter Games-themed game that incorporates non-fungible tokens (NFTs). nWay The International Olympic Committee has become the latest organization to jump into the non-fungible token craze. The association that organizes the Olympic Games said Thursday it has launched a mobile game based on the upcoming Beijing 2022 winter event.
Sarah Bloom Raskin, nominated to be vice chairman for supervision and a member of the Federal Reserve Board of Governors, gestures during a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., February 3, 2022. Ken Cedeno | Reuters Senate Republicans on Thursday peppered the nominee to be
In this article SNAP AMZN CLX PINS F RIVN The Amazon logo displayed on a smartphone and a PC screen. Pavlo Gonchar | LightRocket via Getty Images Check out the companies making headlines after the bell: Amazon — Shares of Amazon popped more than 18% after hours following a strong quarterly report. The company reported
In this article CLX FB PINS F AMZN The Amazon logo is seen at the company logistics center in Lauwin-Planque, northern France. Pascal Rossignol | Reuters Check out the companies making headlines in midday trading. Amazon — Shares of Amazon popped more than 14% following a stellar quarterly report. The company said its investment in electric
In this article SNAP CLX BJ BMY REGN AMZN Check out the companies making headlines before the bell: Regeneron Pharmaceuticals (REGN) – The drugmaker reported adjusted quarterly earnings of $23.72 per share, beating the $18.35 consensus estimate. Revenue also topped the forecast on strong sales of the company’s Covid-19 antibody therapy as well as its
A trader works on the floor of the New York Stock Exchange. NYSE Stock futures rose in overnight trading Thursday as investors digested a slew of corporate earnings reports after the Nasdaq Composite posted its worst day in more than a year. Futures on the Dow Jones Industrial Average gained about 200 points, or 0.6%.
Chile requires visitors furnish proof of insurance coverage for Covid-19 and related conditions. Pictured, capital city Santiago. Oleh_Slobodeniuk | E+ | Getty Images Are you planning a trip abroad? You may need to buy travel insurance to visit your destination country. Many countries had insurance requirements even before the pandemic. But about a dozen more
In this article MRK BIIB CAH LLY HON FB Check out the companies making headlines before the bell: Eli Lilly (LLY) – The drugmaker beat estimates by 3 cents with adjusted quarterly earnings of $2.49 per share, while revenue beat forecasts as well. Results were boosted by a jump in sales of Lilly’s Trulicity diabetes
Traders on the floor of the NYSE, Jan. 26, 2022. Source: NYSE Nasdaq 100 and S&P 500 futures fell Wednesday night, as traders pored through the latest batch of corporate earnings, which included disappointing numbers from tech giant Meta Platforms. Futures tied to the Nasdaq 100 dropped 1.8%, and S&P 500 futures slid 0.7%. Dow
Photo by Rafa Elias | Moment | Getty Images Many victims of identity theft linked to unemployment fraud will learn of the crime this tax season. Such fraud — whereby organized crime rings and other thieves use stolen personal data to claim unemployment benefits in others’ names — has surged during the Covid-19 pandemic. Victims
In this article GOOGL DHI EAT CPRI BSX WM Check out the companies making headlines before the bell: Capri Holdings (CPRI) – The company behind Michael Kors and other luxury brands reported better-than-expected earnings for its latest quarter and raised its profit forecast as demand for handbags and apparel remained strong. Capri earned an adjusted