Unpacking Oil & Gas Stock’s Bull Note
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14Aug
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14Aug
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14Aug
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14Aug
Baupost’s Seth Klarman slashed big Alphabet stake last quarter before the sell-off
Baupost Group's Seth Klarman slashed his big stake in Google and YouTube owner Alphabet before the July sell-off, according to a new regulatory filing with the SEC. The Boston-based hedge fund manager, who oversees roughly $28 billion in assets , chopped his Alphabet position by 64%, to just $195 million,...
14Aug
July Consumer Price Index:
Signs reading, 'please bear with us: we are currently experiencing interruptions in our supply chain which may affect the availability of certain products,' is seen taped to the drive-up menu at a Wendy's restaurant on May 06, 2020 in Miami, Florida. Joe Raedle | Getty Images News | Getty ImagesInflation...
14Aug
K, GOOGL, FLUT and more
Check out the companies making headlines in premarket trading. Kellanova — Shares rose more than 6% in the premarket after the foodmaker agreed to be acquired by snackmaker Mars for $83.50 per share in cash. The deal values Kellanova at about $36 billion and is expected to close in...
14Aug
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14Aug
UBS CEO Ermotti says it is too early to talk about a U.S. recession
Sergio Ermotti, chief executive officer of UBS GroupStefan Wermuth | Bloomberg | Getty ImagesZURICH, Switzerland ꟷ UBS CEO Sergio Ermotti said Wednesday that market volatility could intensify in the second half of the year, but he does not believe the U.S. is heading into a recession.Global equities saw sharp...
14Aug
Social Security is a key election issue, CNBC poll finds
Jj Gouin | Istock | Getty ImagesMost Americans rank Social Security as "one of the top" issues or a "very important" issue determining who they will vote for in the upcoming U.S. presidential election, according to a new CNBC poll.Social Security reform is also a top concern, according to...
14Aug
Tencent earnings Q2 2024
Tencent showed off its tech at the 2023 World Artificial Intelligence Conference in Shanghai, July 8, 2023.Nurphoto | Nurphoto | Getty ImagesTencent beat second-quarter top and bottom line estimates as growth in its key gaming division accelerated.Here's how Tencent did in the June quarter against LSEG consensus estimates:Revenue: 161.12...