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.
Bill Gates and Warren Buffett speaking at Columbia University.Spencer Platt | Getty Images News | Getty ImagesLegendary value investor Warren Buffett said he has no expertise in artificial intelligence whatsoever, but thanks to Bill Gates, he took a crack at the buzzy chatbot ChatGPT."I think it's something I don't...
Paul Morigi | Getty Images Entertainment | Getty ImagesWarren Buffett said Americans should not be concerned about their bank deposits in the wake of the latest financial shock in the sector and the government would ensure no depositor in this country lost a dime."People shouldn't be worried about losing...
Scientific Financial Systems was proud to attend the CFA Society of Boston’s Annual Market Dinner event in Boston last night. It was a great turnout from the Boston investment community.Morgan Housel delivered an excellent keynote talk about market risk and investor behavior. His talk built on the major themes...
Warren Buffett 's Berkshire Hathaway has snapped up more shares of Occidental Petroleum , taking advantage of sliding oil prices amid the spreading banking crisis. The Omaha, Nebraska-based conglomerate bought 7.9 million shares in multiple trades on Monday, Tuesday and Wednesday, a new regulatory filing showed. The average price...
