Economy

Russia’s central bank raises key rate to 21% to rein in inflation

09 June 2024, Russia, Moskau: A guardhouse of the Kremlin (l) and the Foreign Ministry (M, background) stand in the center of the capital. Photo: Ulf Mauder/dpa (Photo by Ulf Mauder/picture alliance via Getty Images)Picture Alliance | Picture Alliance | Getty ImagesRussia's central bank on Friday raised its key...

Economy

China schedules meeting expected to reveal fiscal stimulus details

A general view shows the skyline over the central business district in Beijing on Feb. 28, 2023.Jade Gao | Afp | Getty ImagesBEIJING — China's parliament will hold a highly anticipated meeting Nov. 4 to 8, state media said Friday, according to a CNBC translation. Investors have been awaiting...

Market Insider

Stocks making the biggest moves after hours: DXCM, CPRI, SKX, COF

Check out the companies making headlines in extended trading. Dexcom — Shares slid nearly 7%, despite the manufacturer of diabetes management devices posting a third-quarter adjusted earnings and revenue beat. Dexcom also reaffirmed full-year revenue guidance that encompassed FactSet's estimate. L3Harris Technologies — The defense stock climbed 4% after...

Earnings

Dexcom (DXCM) Q3 2024 earnings report

Kevin Sayer, CEO, DexcomScott Mlyn | CNBCShares of Dexcom fell 9% in extended trading on Thursday after the company released third-quarter results that beat analysts' expectations but showed a decline in U.S. revenue year over year.Here's how the company did:Earnings per share: 45 cents adjusted vs. 43 cents expected by...

Earnings

Elon Musk $26 billion richer after Tesla stock best day since 2013

Tesla CEO and X owner Elon Musk speaks during an unveiling event for Tesla products in Los Angeles, California, U.S. October 10, 2024Source: Tesla | YoutubeTesla CEO Elon Musk, already the world's richest person, added another $26 billion in paper wealth on Thursday after his company's stock had its...

Earnings

What to do with Honeywell stock after its sharp post-earnings pullback

Dow stock Honeywell was one of the biggest drags on the 30-stock average Thursday after Club industrial giant reported mixed third-quarter results compounded by a mixed outlook. Revenue for the three months ended Sept. 30 rose 5.6% year-over-year to $9.73 billion but short of the LSEG compiled consensus estimate...

Financial Advisors

There are reasons for investors to remain bullish

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 24, 2024. Brendan McDermid | ReutersWith the U.S. presidential election less than two weeks away, and voters decidedly split, some investors are understandably spooked."This is likely to cause a little bit of...

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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.

Fintech Review

With years of experience dissecting and evaluating the evolving fintech landscape, Fintech Review has become a trusted name in providing insightful, comprehensive, and unbiased reviews of tech-related financial products and services. From the latest advancements in blockchain and cryptocurrencies to cutting-edge payment platforms, robo-advisors, and beyond, Fintech Review keeps a pulse on the innovations that are redefining the financial industry.

Disney hires PepsiCo veteran Hugh Johnston as CFO

Hugh Johnston, PepsiCoDavid A. Grogan | CNBCDisney said Monday that Hugh Johnston, the longtime chief financial officer of PepsiCo, will join the company as its new CFO, as the entertainment giant contends with a sagging share price and streaming losses.Johnston has spent the last 34 years with PepsiCo, holding...

U.S. consumer ‘quite healthy,’ as credit scores rise

While Americans' credit card debt levels have reached a record high of more than $1 trillion, their overall credit health has remained strong, according to a report from credit scoring company VantageScore. Even with inflation, rising interest rates and concern about the overall economy, U.S. consumers still have room to...