Media Stocks React to SAG-AFTRA Tentative Deal
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(Follow along with our full coverage of Berkshire Hathaway's annual meeting here. Warren Buffett begins talking at 9 a.m. ET.)Warren Buffett's Berkshire Hathaway reported first-quarter results on Saturday that showed a steep drop in operating earnings from the year-earlier period. The conglomerate, which owns a vast array of insurance,...
Venmo is more than just a way to split dinner bills. It has become a cultural phenomenon. Known for blending digital payments with social interaction, Venmo introduced a new way to think about money. It made peer-to-peer payments simple, quick, and even fun.In 2025, Venmo remains one of the...
Eaton , a maker of power management solutions for AI data centers and other commercial markets, delivered a solid quarter on Friday that raised more questions for us than it answered. Earnings per share for the first quarter ended in March rose more than 33% from the year-ago period...
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: It's been a great week for the U.S. stock market. The S & P 500 is up 1.6% Friday,...
Although one quarter isn't enough to squash all concerns, the good results were a step in the right direction.
Check out the companies making headlines in midday trading: Duolingo — Shares soared more than 18% after the language learning app guided toward a better-than-expected revenue forecast. Duolingo estimates second-quarter revenue will come in between $239 million and $242 million, while analysts polled by LSEG expected $234 million. Full-year...
Apple CEO Tim Cook, center, watches during the inauguration ceremonies for President Donald Trump, right, and Vice President JD Vance, left, in the rotunda of the U.S. Capitol in Washington, Jan. 20, 2025.Shawn Thew | Afp | Getty ImagesA tale of two different technology companies is playing out this...
Block shares were on track for their second-worst day Friday, plunging more than 20% as investors digested a brutal quarterly report and a wave of analyst downgrades centered on one issue: Cash App.The first-quarter earnings miss rattled Wall Street, prompting multiple firms — including Wells Fargo, Seaport, BMO, and...
Job growth was stronger than expected in April despite worries over the impact of President Donald Trump's blanket tariffs against U.S. trading partners.Nonfarm payrolls increased a seasonally adjusted 177,000 for the month, slightly below the downwardly revised 185,000 in March but above the Dow Jones estimate for 133,000, the...
Check out the companies making headlines in premarket trading. Block — The financial technology stock plunged nearly 22% following weak first-quarter revenue. Block said it brought in $5.77 billion, while analysts surveyed by LSEG had projected $6.20 billion. Atlassian – Shares sank 12% after the software company issued weak guidance....
Eaton , a maker of...
Eaton , a maker of...
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.
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.
SAG-AFTRA members and supporters chant outside Paramount Studios on day 118 of their strike against the Hollywood studios on November 8, 2023 in Los Angeles, California. Mario Tama | Getty ImagesBefore the actors' union reached a labor deal with studios Wednesday night, Disney CEO Bob Iger told CNBC's Julia Boorstin...
WNBA and MLB players take part in Fanatics' weeklong business immersion program.Source: FanaticsFanatics is helping professional athletes transition to life after the final buzzer — or pitch, or whistle.The company is expanding a pilot program to offer business education and exposure to players with the WNBA and MLB via...
Check out the companies making headlines before the bell. Virgin Galactic — Shares rose nearly 9% after the space tourism company beat third-quarter expectations . Virgin Galactic posted a loss of 28 cents per share, versus the 43 cents per share loss expected by analysts polled by LSEG. Revenue...
Astra tests a rocket at its headquarters on the San Francisco Bay in Alameda, California.AstraThe founders of struggling space company Astra have offered to take the company private at a value of about $30 million, according to a securities filing on Thursday.Chris Kemp, chairman and CEO, and Adam London,...
SAG-AFTRA members walk the picket line on the 100th day of their ongoing strike outside Paramount Studios in Los Angeles, California, October 20, 2023.Mario Anzuoni | ReutersHollywood's actors and studios have a preliminary labor agreement."In a unanimous vote this afternoon, the SAG-AFTRA TV/Theatrical Committee approved a tentative agreement with...