In this article MSFT AAPL GILD Starbucks coffee shop logo seen at one of their stores. Stephen Zenner | LightRocket | Getty Images Check out the companies making headlines in midday trading. U.S. Steel — Shares of U.S. Steel gained more than 15% as the company’s quarterly results beat top and bottom line estimates. U.S.
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In this article GS Rafael Henrique | SOPA Images | LightRocket | Getty Images Goldman Sachs has begun giving its institutional trading clients research reports from crypto news and data firm The Block. Hedge funds and other clients began receiving the reports on Thursday via the investment bank’s Marquee digital platform, according to an email
In this article XOM A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. Sergio Moraes | Reuters Exxon said Friday that its third-quarter profit was the highest in years as improving demand, higher commodity prices and streamlined operations
Employees pack crates with merchandise for orders at a Cainiao warehouse, the logistics subsidiary of Alibaba Group Holding, ahead of the company’s annual Singles’ Day shopping extravaganza in Wuxi, Jiangsu province, China, on Nov. 9, 2020. Qilai Shen | Bloomberg | Getty Images BEIJING — Alibaba is investing further in Europe for Singles Day this
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, October 27, 2021. Brendan McDermid | Reuters Stock futures dipped in overnight trading Thursday as shares of major technology companies suffered following disappointing earnings reports. S&P 500 futures fell 0.2% and Nasdaq 100 futures traded 0.5% lower. Futures on the
Alchemy co-founders Nikil Viswanathan (left) and Joe Lau. Source: Alchemy Start-up Alchemy is benefiting as more companies try to future-proof their businesses by adapting their technologies to the blockchain and through digital collectibles. The San Francisco-based company announced a $250 million funding round on Thursday, boosting its valuation to $3.5 billion. The Series C financing,
This photo taken on October 24, 2021 shows coal being loaded on a cargo ship in Jiujiang, in China’s central Jiangxi province. STR | AFP | Getty Images BEIJING — As China tries to resolve its power shortage, the country is also ramping up its coal imports — bringing in three times as much coal
Stock futures edged higher in overnight trading on Wednesday after the S&P 500 and the Dow Jones Industrial Average slipped from their record highs. Dow futures rose 50 points. S&P 500 futures and Nasdaq 100 futures both traded 0.1% higher. Shares of Twilio fell more than 12% despite a beat on both earnings and revenue
In this article HOOD MSFT SPOT MCD Check out the companies making headlines Wednesday before the bell: Coca-Cola (KO) — Coca-Cola jumped 2.9% in the premarket following a profit and revenue beat for the beverage giant, which also raised its full-year forecast. Coca-Cola reported adjusted quarterly earnings of 65 cents per share, 7 cents above a
Aerial view of vehicles being driven on the road through the central business district on October 5, 2020 in Beijing, China. Zhang Qiao | Visual China Group | Getty Images BEIJING — Global investors put more money into Chinese start-ups in the third quarter, despite Beijing’s regulatory crackdown that’s paused a rush of Chinese IPOs
U.S. stock index futures were little changed during overnight trading on Tuesday after the Dow and S&P closed at record highs as earnings season continues. Futures contracts tied to the Dow Jones Industrial Average and S&P 500 were flat. Nasdaq 100 futures declined 0.09%. During regular trading the Dow advanced roughly 15 points to end
Source: Greenlight Greenlight Financial, the start-up that helped pioneer the fintech category of debit cards and budgeting apps for kids, is now targeting parents. The start-up is releasing an investing platform that aims to teach parents how to research stocks and ETFs, CNBC has learned. The service comes at no additional cost on top of
In this article TSLA PYPL PINS Pedestrians pass in front of Pinterest signage displayed outside of the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in midday trading. PayPal, Pinterest – Shares of PayPal climbed more than 3% as Pinterest shares tumbled more than 12% after
Traders work on the floor of the New York Stock Exchange (NYSE), September 22, 2021. Brendan McDermid | Reuters U.S. stock futures were steady in overnight trading on Monday as investors await a slew of major technology earnings with the broader market at a record high. Dow futures rose just 20 points. S&P 500 futures
In this article BKKT MA Mastercard credit cards Roberto Machado Noa/ LightRocket via Getty Images The crypto economy is about to expand. Mastercard is preparing to announce that any of the thousands of banks and millions of merchants on its payments network can soon integrate crypto into their products, CNBC has learned. That includes bitcoin
In this article HSBA-GB HSBC building in the Canary Wharf district of London, U.K. Leon Neal | AFP | Getty Images HSBC said Monday its reported pre-tax profit came in at $5.4 billion in the third quarter of 2021 — beating expectations. Analysts had expected the Asia-focused bank to report another quarter of profit gains
Traders work on the floor of the New York Stock Exchange (NYSE) on October 15, 2021 in New York City. Spencer Platt | Getty Images Stock futures edged lower in overnight trading Sunday after the Dow Jones Industrial Average notched its third positive week in a row at a record high. Dow futures dipped 50
[The stream is slated to start at 6:30 a.m. ET. Please refresh the page if you do not see a player above at that time.] Click on the stream above to watch to CNBC’s Sustainable Future Forum. Friday’s session from Europe focuses on technology and innovation. The fourth industrial revolution is also going to be
Check out the companies making headlines before the bell: Snap – Shares of the Snapchat parent plunged 19.5% in the premarket after the company warned of slowing growth due to the recent changes in Apple’s iOS privacy rules. Those rules make it more difficult to gather information from users and target ads. Snap did beat estimates by
[The stream is slated to start at 11 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell speaks Friday to the Virtual Bank for International Settlements’ South African Reserve Bank Centenary Conference. The format is a question-and-answer session with the central bank