Broadcom Stock in Freefall After Guidance Disappoints
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06Sep
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06Sep
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06Sep
U.S. airlines cool hiring after adding employees in post-Covid spree
A pilot performs a walkaround before a United Airlines flightLeslie Josephs/CNBCU.S. passenger airlines have added nearly 194,000 jobs since 2021 as companies went on a hiring spree after spending months in a pandemic slump, according to the U.S. Department of Transportation. Now the industry is cooling its hiring.Airlines are...
06Sep
Kansas City Chiefs valuation playoffs Super Bowl
Patrick Mahomes and Travis Kelce of the Kansas City Chiefs celebrate a victory in 2022.David Eulitt | GettyThe NFL team that has won three of the last five Super Bowls is worth less than the organizations with the two longest playoff droughts in the league.The Kansas City Chiefs, the...
06Sep
Jobs report August 2024:
The U.S. economy created slightly fewer jobs than expected in August, reflecting a slowing labor market while also clearing the way for the Federal Reserve to lower interest rates later this month.Nonfarm payrolls expanded by 142,000 during the month, down from 89,000 in July and below the 161,000 consensus...
06Sep
BOWL, PATH, AVGO and more
Check out the companies making headlines before the bell. Bowlero – Shares gained more than 12% after the bowling alley chain's revenue for the fiscal fourth quarter revenue topped Wall Street's expectations. Revenue for the period came in at $283.9 million. According to FactSet, analysts had expected $273.4 million....
06Sep
Green Bay Packers stock ownership team valuation
Jeff Robinson | Icon Sportswire | Getty ImagesOnly one National Football League team has an ownership structure that resembles a publicly traded company.The Green Bay Packers, who are the 12th most-valuable NFL franchise at $6.3 billion, according to CNBC's Official 2024 NFL Team Valuations, are the only publicly owned...
06Sep
Why Broadcom is tumbling after an earnings beat — and how to play dip
Broadcom reported an earnings beat Thursday, driven by strong sales of its AI products and VMware software. But management's guidance for the current quarter disappointed investors, sending shares of the chipmaker down nearly 7% in the after market. This is too harsh of a reaction to an otherwise solid...