Check out the companies making headlines in extended trading. Qualcomm — The chipmaker popped 4% after posting results for the fiscal fourth quarter that topped Wall Street's expectations. The company also offered a strong outlook for the current quarter. Qualcomm reported adjusted earnings of $2.69 per share on $10.24...
e.l.f Beauty power grip primer.Courtesy: e.l.f BeautyE.l.f. Beauty raised its full-year guidance on Wednesday after posting a 40% growth in sales. Shares of the company rose nearly 10% in after-hours trading.The cosmetics retailer's earnings came in well ahead of expectations on the top and bottom lines and it now expects...
Republican presidential nominee and former U.S. President Donald Trump holds a rally in Saginaw, Michigan, U.S., October 3, 2024. Democratic presidential nominee U.S. Vice President Kamala Harris and Vice-Presidential candidate Tim Walz speaks during a campaign rally and concert in Ann Arbor, Michigan, U.S. October 28, 2024.Brendan McDermid |...
The Federal Trade Commission (FTC) announced on Tuesday it will be taking action against the online cash app and neobank Dave, which it says used “misleading marketing to deceive consumers.” At issue is how Dave marketed $500 cash advances to consumers that it rarely offered, and the “Express Fee”...
Federal Reserve Board Chairman Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., September 18, 2024. REUTERS/Tom BrennerTom Brenner | ReutersThe Federal Reserve likely will stick to the business at hand when it wraps up...
Check out the companies making headlines in midday trading. Donald Trump trades — Individual stocks viewed as trades tied to Donald Trump's election odds surged as the Republican clinched a return to the White House. Trump Media & Technology , majority owned by Trump himself, popped nearly 5%. Tesla...
Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024. The trade show runs through June 7. Annabelle Chih | Bloomberg | Getty ImagesSuper Micro shares plunged 22% on Wednesday to their lowest level since May of last...
Check out the companies making...
Republican presidential nominee and former...
Gregg Greenberg spent 14 years as a journalist at TheStreet.com where he wrote the highly popular column "The 5 Dumbest Things on Wall Street This Week". His work has appeared in magazines ranging from Glamour to ESPN the Magazine, and on humor sites such as Points in Case.
Here are the most important news items that investors need to start their trading day:1. Markets look to reboundU.S. stock indexes are coming off their worst week since March. A regional bank stock rebound and strong Apple earnings boosted the market Friday, and April jobs data came in better...
Berkshire Hathaway CEO Warren Buffett on Saturday assailed regulators, politicians and the media for confusing the public about the safety of U.S. banks and said that conditions could worsen from here.Buffett, when asked about the recent tumult that led to the collapse of three mid-sized institutions since March, launched...
Follow our live coverage of Warren Buffett at Berkshire Hathaway meeting.OMAHA, Neb. — Warren Buffett said Saturday that Berkshire Hathaway doesn't plan on taking full control of Occidental Petroleum, an oil giant where it has amassed a stake north of 20%."There's speculation about us buying control, we're not going to buy...
Follow our live coverage of Warren Buffett at Berkshire Hathaway meeting.Berkshire Hathaway CEO Warren Buffett said Saturday that regulators avoided a financial disaster by making sure that Silicon Valley Bank customers didn't lose money in the firm's collapse.The sudden downfall of SVB in March forced the Federal Deposit Insurance Corp. to seize the...
Warren Buffett is set to kick off Berkshire Hathaway 's annual shareholder meeting Saturday before tens of thousands of adoring shareholders. Here's your complete guide to the highly anticipated event. Berkshire's annual "Woodstock for Capitalists" will be held in Omaha, Nebraska, the second straight in-person gathering after two virtual...
When Warren Buffett takes the stage at Berkshire Hathaway's annual meeting in Omaha on Saturday, he'll have a lot to talk about. The 92-year-old investor has had a busy year. He snapped up additional shares of one of his favorite energy plays, Occidental Petroleum , on several occasions —...
Warren Buffett, chairman and chief executive officer of Berkshire Hathaway, photographed during a 2011 trip to Japan.Bloomberg | Bloomberg | Getty ImagesJapanese stocks have been on a tear since late last year, up nearly 15% since November, as the weak yen and inbound tourism help to reactivate the economy....
