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...
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...
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...
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...
Panama is one of the most affordable places to retire abroad.Helovi | E+ | Getty ImagesToday's investors face one looming question: Will I have enough money when I retire?Surveys show prospective retirees may have big lump sums in mind.To get a more accurate, personal gauge, it helps to start...
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...
Andreswd | E+ | Getty ImagesThe great wealth transfer is underway — and families need to prepare, according to certified financial planner Stacy Francis, president and CEO of Francis Financial in New York City.An estimated $84 trillion of wealth will change hands by 2045, with the majority going to...
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...
Check out the companies making headlines in midday trading: Lilium — U.S.-listed shares fell more than 57% after the German air taxi startup said in a regulatory filing that its two main subsidiaries would file for insolvency , which is when debts cannot be repaid, in the next few...
A general view shows the...
Check out the companies making...
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.
Kathrin Ziegler | Digitalvision | Getty ImagesETF demand outstrips mutual fundsAt a high level, ETFs are investment funds that generally hold a basket of many securities such as stocks and bonds, similar to mutual funds.Unlike mutual funds, however, ETFs are traded on a stock exchange. Like stocks, they can...
Overstock.com CEO Jonathan Johnson, June 29, 2023.Scott Mlyn | CNBCThe new Bed Bath & Beyond announced Monday its CEO Jonathan Johnson is immediately stepping down from his position in a sudden and surprising move. Johnson had been Overstock's chief executive since 2019. He led the company through its acquisition of...
“…the SPX broke below its 36-month, or three-year, moving average… this long-term moving average has proven to be historically important when evaluating it...
Check out the companies making headlines before the bell. Tesla — Stock in the electric vehicle company ticked up roughly 2% after a report from Reuters said Tesla plans to build and produce electric vehicles that will sell for 25,000 euros ($26,859) at a factory near Berlin. The move...
CEO of Citigroup Jane Fraser testifies during a hearing before the House Committee on Financial Services at Rayburn House Office Building on Capitol Hill on September 21, 2022 in Washington, DC.Alex Wong | Getty ImagesWhen Citigroup CEO Jane Fraser announced in September that her sweeping corporate overhaul would result...
President Biden rarely talks about financial advisors directly. By our count, recent presidents have done so on average once a decade. So when financial advice is the sole reason he’s on the podium, we naturally devour every word. Last week, Biden introduced a Department of Labor rule proposal that would require more...
