Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Monday's key moments. U.S. stocks rose on Monday, adding to the prior session's gains when the S & P 500 , Dow and Nasdaq popped over 1%...
Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2024. David A. Grogen | CNBCBerkshire Hathaway reported Saturday a huge year-over-year increase in operating earnings in the first quarter, while its cash holdings bubbled to record levels.The Warren Buffett-led conglomerate...
There's still plenty of room for upside in tech stocks, Morgan Stanley said earlier this week. The firm named a slew of companies it says are well positioned following their latest quarterly earnings reports. CNBC Pro combed through Morgan Stanley research to find the firm's favorite overweight-rated stocks based...
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Friday's key moments. U.S. stocks jumped Friday as Wall Street cheered a softer-than-expected jobs report — an encouraging sign that the Federal Reserve's battle to tame inflation...
Lionel Bonaventure | AFP | GettyImagesCredit Agricole, France's second-biggest listed bank, posted a forecast-beating 55% jump in first-quarter net profit on Friday, helped by corporate and investment banking sales that outperformed rivals.Net profit in the January to March period rose to 1.9 billion euros ($2.04 billion), above the 1.48...
French bank Societe Generale reported second quarter results for 2023.Chesnot | Getty Images News | Getty ImagesFrench bank Societe Generale reported a smaller-than-expected 22% slide in first-quarter net income on Friday, as profits on equity derivative sales offset more weakness at its retail bank and in fixed-income trading. France's...
Apple did it again: Despite all the worries about China, the consumer tech giant hit back with beats on the top and bottom lines, sending shares up 6% in after-hours trading. This is why we own it. This is why we don't trade it. Apple's fiscal first quarter revenue...
A smartphone with displayed Coinbase logo and representation of cryptocurrencies are placed on a keyboard in this illustration taken, June 8, 2023.Dado Ruvic | ReutersCoinbase reported better-than-expected revenue in its first-quarter earnings report on Thursday. The stock was trading about 2% lower in extended trading.Here's how the company did,...
Block reported first-quarter earnings after the bell Thursday that exceeded analysts' estimates. The stock rose more than 7% in extended trading.Here's how the company did, compared with analysts' consensus estimates from LSEG.Earnings per share: 85 cents adjusted vs. 72 cents expectedRevenue: $5.96 billion vs. $5.82 billion expectedBlock, formerly known...
Coterra Energy topped Wall Street expectations Thursday with first-quarter results that further proved the Club holding's nimble production strategy is the right one for shareholders. Revenue in the three months ended March 31 fell 19% year over year to $1.43 billion, beating the consensus forecast of $1.39 billion, according...