Check out the companies making headlines in midday trading: Visa — Shares dropped nearly 4% following a Bloomberg report that the Justice Department is preparing to file an antitrust lawsuit against the credit card network and payments processor. Smartsheet — Shares surged more than 6% after Blackstone and Vista...
Consumers' view on the economy tumbled in September, falling by the largest level in more than three years as fears grew about jobs and business conditions, the Conference Board reported Tuesday.The board's Consumer Confidence Index slid to 98.7, down from 105.6 in August, the biggest one-month decline since August...
Check out the companies making headlines in premarket trading. Thor Industries — Shares dropped 2% after the RV maker issued disappointing fiscal year earnings guidance. The company expects earnings per share to range between $4 and $5, well below a StreetAccount estimate of $6.27 per share. Arlo Technologies —...
A Raspberry Pi 2 Model B single-board computer.Olly Curtis | Future Publishing | Future | Getty ImagesRaspberry Pi, the British computer company that floated in June, reported on Tuesday stronger-than-expected adjusted earnings of $20.9 million for the first half, sending its shares up 7% in early trade.The group, which...
These are the stocks posting the largest moves in extended trading.
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.
Photo by Markus Spiske on Pexels.com Cyber threats and data breaches are becoming increasingly prevalent, particularly in financial services. The banking sector is constantly on the lookout for innovative solutions to protect both institutional assets and customer information. One of the most promising avenues of exploration is the integration of...
European bank shares dropped significantly in August after a surprise announcement from the Italian government for a new tax.Stefano Montesi - Corbis | Corbis News | Getty ImagesItaly's shock tax on banks continues to prove controversial, even as the government insists it can improve it.Europe's main bank stock index...
Gary Burchell | Getty ImagesMore couples are becoming homeowners before tying the knot.Unmarried couples make up 18% of all first-time homebuyers, up from just 4% in 1985, according to a 2022 report by the National Association of Realtors.The organization mailed out a survey in July 2022 and received a...
Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. As we head into a long holiday weekend here in the U.S., we look at — among other things — a surprising tie-up between Amazon and Shopify, Klarna’s Q2 results,...
Monty Rakusen | Digitalvision | Getty ImagesCommodities aren't for everyone, as they can be tricky investments.But for individual investors willing to learn the basics and accept volatility, a judicious allocation can make sense. This can diversify traditional portfolios of stocks and bonds, hedge against geopolitical risk and protect against...
Members of the United Auto Workers union hold a rally and practice picket near a Stellantis plant in Detroit, Aug. 23, 2023.Michael Wayland / CNBCDETROIT – United Auto Workers President Shawn Fain appears ready to fire up the picket lines.The union's bulldog new leader has repeatedly vowed to drive...
Trade groups for the world’s biggest hedge funds and private equity firms are taking the Securities and Exchange to court over new restrictions it placed on the industry last month. The American Investment Council and the Managed Funds Association are among the groups alleging the SEC went too...
