Check out the companies making headlines in midday trading. Chevron — Stock in the oil major slipped more than 3% after the company's second-quarter earnings missed Wall Street estimates. Chevron reported adjusted earnings $2.55 per share on revenue of $51.18 billion. Analysts polled by LSEG forecast earnings of $2.93...
A sign for a health-care career fair at Cape Fear Community College in Wilmington, North Carolina, on Feb. 28, 2023.Allison Joyce | Bloomberg | Getty ImagesThe unemployment rate fell for Asian Americans from June to July, bucking a broader trend, according to data released Friday by the U.S. Bureau...
Boeing spacecraft Starliner is seen from the window of SpaceX's Dragon capsule "Endeavour" on July 3, 2024 while docked with the International Space Station during the crew flight test.NASANASA management has been in deep discussion this week about whether to return the agency's astronauts on board Boeing's misfiring Starliner...
Morgan Stanley on Friday told its army of financial advisors that it will soon allow them to offer bitcoin ETFs to some clients, a first among major Wall Street banks, CNBC has learned.The firm's 15,000 or so financial advisors can solicit eligible clients to purchase shares of two exchange-traded...
Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024. David A. GroganBerkshire Hathaway's highly scrutinized cash pile could top $200 billion — more than the entire annual gross domestic product of Hungary — amid CEO Warren...
People walk through a Manhattan mall on July 05, 2024 in New York City.Spencer Platt | Getty Images News | Getty ImagesHiring in the U.S. slowed significantly last month, with information and financial sectors registering job losses.The information services sector was a notable weak spot for July, posting a...
Budrul Chukrut | SOPA Images | Lightrocket | Getty ImagesMobile betting powerhouse DraftKings is planning a tax on consumers in states with the highest sports betting tax rates, as the company looks to boost profit.The company announced Thursday that starting next year it will implement a gaming surcharge on...
Gas pumps are seen at a Chevron gas station in Orlando.Paul Hennessy | SOPA Images | Lightrocket | Getty ImagesChevron missed second-quarter earnings expectations, hurt by lower refining margins as the stock is already under pressure from delays to its pending acquisition of Hess Corporation.Chevron's shares fell about 2%...
Job growth in the U.S. slowed much more than expected during July and the unemployment rate ticked higher, the Labor Department reported Friday.Nonfarm payrolls grew by just 114,000 for the month, down from the downwardly revised 179,000 in June and below the Dow Jones estimate for 185,000. The unemployment...
Check out the companies making headlines before the bell. Exxon Mobil — The energy giant reported a stronger-than-expected profit for the second quarter amid record production in Guyana and the Permian Basin. Earnings per share came in at $2.14, beating an LSEG forecast of $2.01 per share. Shares were...