Check out the companies making headlines in extended trading: Nike — Shares soared 10%. The sneaker company announced that CEO John Donahoe would step down from the role on Oct. 13. Nike veteran Elliott Hill, who had been at the company for 32 years before retiring in 2020, will...
Check out the companies making headlines in midday trading: Tech stocks — Key tech names rallied a day after the Federal Reserve's supersized rate cut decision. Tesla and Meta jumped around 7% and 4%, respectively, while chip darlings Nvidia and ASML each advanced more than 5%. Edgewise Therapeutics —...
Federal Reserve Chair Jerome Powell has unveiled his latest buzzword to describe monetary policy, with a "recalibration" of policy at a pivotal moment for the central bank.At his news conference following Wednesday's open market committee meeting, Powell used variations of the word no fewer than eight times as he...
LAS VEGAS, United States, September 19th, 2024, ChainwireBlockchain storage layer Xandeum has announced that it will reveal its blueprint for scaling Solana storage at Breakpoint 2024 on September 20, 2024. At the flagship Solana conference in Singapore, Xandeum will also share details of its new storage-enabled liquid staking program...
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.
It is tough out there. Funding for fintech is falling across the globe. Effective strategy execution can prove to be a hard task. Especially in challenging environments where unpredictability and rapid change are the norms. Did you know that according to a recent survey by OKRmentors and Quantive, nearly...
A Discover Financial Services credit card.Scott Eelis | Bloomberg | Getty ImagesCheck out the companies making headlines after the bell.Discover Financial Services — The financial services stock fell more than 5% after announcing the resignation of its CEO. The board announced that Roger Hochschild would step down from the position,...
After more than a year of recession predictions, some experts have backed off past forecasts and now embrace what's known as a "soft landing" for the economy. Even so, one financial advisor is stressing the importance of preparing for future stock market volatility.A soft landing could include an economic...
Attorneys who represent investors in actions against brokerages and registered representatives are hopeful that expungement reforms Finra enacted late last week will make it harder for reps to clear their records of disputes. The Financial Industry Regulatory Authority Inc. on Friday adopted amendments to its expungement procedures, which allow reps...
As the spend management space continues to get more competitive, the various players seem to be constantly iterating to add new features to their products. Today, fintech startup Brex announced it is moving in an unexpected direction with its travel offering while Mesh Payments said it’s expanding into travel in...
A Six Flags Great Adventure "Clean Team" crew member disinfects the Wonder Woman: Lasso of Truth ride every 30 minutes.Kenneth Kiesnoski/CNBCCheck out the companies making headlines in premarket trading.UBS — Stock in the Swiss bank ticked up 4.6% before the opening bell following news that UBS ended a $10...
Traders work on the floor of the New York Stock Exchange, Aug. 22, 2022.Brendan McDermid | ReutersCheck out the companies making headlines in midday trading.AMC — Shares of the movie theater stock sank almost 35% after a judge late Friday approved AMC Entertainment's plan to convert its preferred shares...
