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Buffet Watch
Stocks making the biggest moves midday: PLTR, MRNA, ULTA, BABA
Check out the companies making headlines in midday trading. Global pharma stocks — Shares of several vaccine makers declined after President-elect Donald Trump selected prominent vaccine skeptic Robert F. Kennedy Jr. as health secretary on Thursday. Shares of Moderna and Pfizer slipped nearly 9% and 5%, respectively. BioNTech , which...
Fintech
Fuse Launches Volt App 2.0 as Ultimate DeFi Banking App With Crypto Debit Card
Tel-Aviv, Israel, November 15th, 2024, ChainwirePayments-focused blockchain Fuse has announced the launch of Volt App 2.0. The latest version of its non-custodial DeFi app elevates it into a decentralized banking ecosystem with a host of new features including a crypto debit card.Voltage App is a powerful decentralized application...
Buffet Watch
BABA, AMAT, ULTA and more
Check out the companies making headlines before the bell. Applied Materials — Shares tumbled more than 8% after the semiconductor equipment manufacturer offered weak revenue guidance for the current quarter. Applied Materials said it forecasts $7.15 billion in the first fiscal quarter, under the estimate of $7.224 billion from...
Earnings
Alibaba (BABA) Q2:
Alibaba Offices In BeijingBloomberg | Bloomberg | Getty ImagesChinese e-commerce behemoth Alibaba on Friday beat profit expectations in its September quarter, but sales fell short as sluggishness in the world's second-largest economy hit consumer spending.Alibaba said net income rose 58% year-on-year to 43.9 billion Chinese yuan ($6.07 billion) in...
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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.
16Jan
16Jan
JetBlue-Spirit merger block in win for Biden’s Justice Department
LaGuardia International Airport Terminal A for JetBlue and Spirit Airlines in New York.Leslie Josephs | CNBCA federal judge blocked JetBlue Airways' purchase of budget rival Spirit Airlines after the Justice Department sued to stop the merger, alleging it would drive up fares for some of the most price-sensitive consumers.JetBlue's...
16Jan
16Jan
Classic car auction site Bring a Trailer sales hit record $1.4 billion
1967 Porsche 910Source: Bringatrailer.comBring a Trailer, the popular online auction site for collectible cars, posted record sales in 2023, even as classic-car prices hit the skids.Bring a Trailer's sales increased about 2% last year to over $1.4 billion from $1.35 billion in 2022, according to the company's CEO Randy...
16Jan
Flight disruptions linger amid winter storms, Max 9 grounding
More than 320 flights have been canceled because of a winter storm that brought snow and freezing temperatures to Denver International Airport in Denver, Colorado, on Jan. 15, 2024.RJ Sangosti | Denver Post | Getty ImagesAirlines canceled more than 1,800 U.S. flights Tuesday as winter weather continued to disrupt...
16Jan
AAPL, GS, MS, PYPL and more
Check out the companies making headlines in midday trading. Apple — Shares slid 1.8% after the company offered discounts on multiple products in China, a highly unusual move for the technology giant. Products on sale include its new iPhone 15 line. PayPal — Shares of the payment company slid...
16Jan
Fed’s Christopher Waller advocates moving ‘carefully’ with rate cuts
Christopher Waller, governor of the US Federal Reserve, during a Fed Listens event in Washington, D.C., on Friday, Sept. 23, 2022.Al Drago | Bloomberg | Getty ImagesFederal Reserve Governor Christopher Waller acknowledged Tuesday that interest rate cuts are likely this year, but said the central bank can take its...