Microsoft PCs on display at a Best Buy store in Secaucus, N.J. Melissa Repko | CNBCBest Buy on Tuesday announced new plans to try to reverse a two-year sales slump and cash in on a much-awaited replacement cycle of pandemic-era purchases and a fresh wave of innovation.The consumer electronics retailer...
A GMC pickup truck is displayed for sale on a lot at a General Motors dealership in Austin, Texas, on Jan. 5, 2023.Brandon Bell | Getty ImagesDETROIT — General Motors is set to report second-quarter results before the bell Tuesday.Wall Street expects GM to be the standout among the traditional...
These are the stocks posting the largest moves in extended trading.
Warner Bros. Discovery said Monday it has informed the National Basketball Association that it intends to use its matching rights for a package of games earmarked for another company. Warner Bros. Discovery is targeting the deal between the NBC and Amazon Prime Video, according to a person familiar with...
As the frontrunner for the Democratic party's nomination, Kamala Harris will have to run, for better or worse, on President Joe Biden's economic record. That could be problematic for the vice president, who is being regarded as the near-certain replacement for Biden on the party ticket. While Biden-Harris can...
Check out the companies making headlines in midday trading: Ryanair — Shares fell 16% after the budget airline reported weaker-than-expected fiscal first-quarter earnings . The company said its quarterly profit after tax had fallen 46% and that it expects fares to be lower than expected in the summer months....
In an aerial view, a customer walks by a sign as they leave a McDonald's restaurant in San Pablo, California, on April 3, 2023.Justin Sullivan | Getty ImagesMcDonald's will extend its $5 value meal beyond its initial four-week window in most of its U.S. markets as the fast-food giant...
Check out the companies making headlines before the bell: CrowdStrike — The cybersecurity stock dropped 4% after Guggenheim downgraded CrowdStrike to neutral from buy, saying the company is unlikely to emerge unscathed from the global outage. Nvidia — Shares gained 2% after Reuters, citing people familiar with the matter,...
A Boeing 777X airplane takes off during its first test flight from the company's plant in Everett, Washington, January 25, 2020.Terray Sylvester | ReutersFARNBOROUGH, England — Boeing won orders for at least 40 wide-body jetliners from Korean Air, including the yet-to-be-certified 777X jetliner, in a vote of confidence for...
People pass walk outside a Verizon Store on the 42nd Street on February 22, 2024. In New York City. View Press | Corbis News | Getty ImagesVerizon Communications added more wireless subscribers than expected in the second quarter, it reported on Monday, boosted by strong demand for its flexible plans that...