Spencer Platt | Getty ImagesShares of Robinhood rose in extended trading Wednesday afternoon after the retail brokerage announced stronger-than-expected first-quarter results.Robinhood reported net income of $157 million, or 18 cents per share, for the first quarter. That is a positive swing from the same period last year, when the...
The U.S. labor market surprised economists with its strength once again, adding more than 300,000 jobs in March, with a few key sectors continuing to fuel its growth.Health care and social assistance were the top sector for job gains — a common theme in recent years — adding 81,300...
Here are the companies making headlines on Wall Street ahead of the opening bell. Nvidia — The semiconductor stock dipped 1.7% as investors digested Monday's launch of new artificial intelligence chips. Several Wall Street analysts hiked their price target for Nvidia after the event. Advanced Micro Devices — The...
Check out the stocks making the biggest moves in premarket trading. Bloomin' Brands — Shares of the restaurant company rose more than 5% after the Outback Steakhouse parent announced it added two new members to its board. The change comes as part of an agreement between Bloomin' and activist...
Check out the companies making headlines in premarket trading. FedEx — Shares of delivery company fell more than 10% after FedEx's fiscal second quarter missed estimates on the top and bottom lines. FedEx reported $3.99 in adjusted earnings per share on $22.17 billion of revenue. Analysts surveyed by LSEG...
The U.S. job market once again surprised to the upside in November, as strong growth in health care and a few other sectors helped the economy add nearly 200,000 jobs and push the unemployment rate down.Health care and social assistance added more than 93,000 jobs for the month, making...
Charlie Munger's many decades of investing featured too many winning trades to count, but there were some moves that he was touting even in his late 90s that continued to pay off. Munger's wins came not only at Berkshire Hathaway alongside Warren Buffett , but also at another holding...
Charlie Munger at Berkshire Hathaway's annual meeting in Los Angeles California. May 1, 2021.Gerard MillerBecoming a titan of business does not require giving up your personality or humor, as Charlie Munger proved repeatedly in his long and successful life.Munger, who died Tuesday at the age of 99, leaves behind...
Berkshire Hathaway Vice Chairman Charlie Munger pushed back against a report that alleged his partner Warren Buffett at times traded stocks in his personal account before the conglomerate made moves in the same securities.Munger, 99, told CNBC's Becky Quick in an interview that the idea that Buffett was front-running...
The October jobs report showed a cooling labor market in the U.S., with many sectors showing minimal or negative growth as the economy added a relatively meager 150,000 jobs overall.A bright spot came in health care and social assistance, which added more than 77,000 jobs. Within that, ambulatory health...