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Showing posts from February, 2024

Shares of NYCB fall 14% after bank discloses 'internal controls' issue, CEO change

The regional bank has been under pressure in recent months, in part due to concerns about its exposure to commercial real estate from Finance https://ift.tt/Xm8SdTy via IFTTT

Ray Dalio says the U.S. stock market 'doesn't look very bubbly'

The founder of Bridgewater, one of the world's largest hedge funds, analyzed the market based on his bubble criteria. from Finance https://ift.tt/DUxopwL via IFTTT

Stocks making the biggest moves after hours: Salesforce, Snowflake, Okta, Duolingo and more

These are the stocks posting big moves after the bell. from Finance https://ift.tt/BE4KcV0 via IFTTT

Paramount falls short of revenue expectations but posts surprise profit, strong streaming results

Paramount+ reached 67.5 million subscribers during the period, a net increase of 4.1 million, and recorded 69% revenue growth year over year. from Finance https://ift.tt/c2DpbNm via IFTTT

Online trading platform Webull is set to go public via a $7.3 billion SPAC deal

The New York-based online brokerage will combine with SK Growth Opportunities Corporation in the second half of the year. from Finance https://ift.tt/EcHfKO2 via IFTTT

Stocks making the biggest moves midday: Bumble, Beyond Meat, eBay, Urban Outfitters and more

These are the stocks posting the largest moves in midday trading. from Finance https://ift.tt/MB149R6 via IFTTT

Stocks making the biggest premarket moves: Beyond Meat, Bumble, Advance Auto Parts, Baidu and more

These are some of the stocks posting the largest moves in the premarket. from Finance https://ift.tt/CLaIlU2 via IFTTT

China doubles down on national security, expanding its state secrets law

Chinese President Xi Jinping on Tuesday signed an order to formally adopt revisions to a law on "Guarding State Secrets," according to state media. from Finance https://ift.tt/7IHz5BG via IFTTT

Stocks making the biggest moves after hours: Beyond Meat, Agilent, Axon Technologies and more

These are the stocks posting the largest moves in extended trading. from Finance https://ift.tt/dVkE5cW via IFTTT

Baylor University outperformed the Ivy League to top university endowment performance rankings. Here’s how

Baylor University’s Chief Investment Officer David Morehead takes an active approach to managing the school’s endowment. from Finance https://ift.tt/6sANejl via IFTTT

Stocks making the biggest moves premarket: Unity Software, Cava, Zoom Video, Viking Therapeutics and more

These are the stocks posting the largest moves in premarket trading. from Finance https://ift.tt/MZdvE2y via IFTTT

Stocks making the biggest moves after hours: Workday, Zoom, CarGurus, Unity Software and more

These are the stocks posting the largest moves in extended trading. from Finance https://ift.tt/1hMSP34 via IFTTT

Stocks making the biggest moves midday: Berkshire Hathaway, R1 RCM, Freshpet, Amer Sports and more

These are the stocks posting the largest moves in midday trading. from Finance https://ift.tt/6rD1IES via IFTTT

Berkshire shares jump after big profit gain as Buffett’s conglomerate nears $1 trillion valuation

The Omaha-based conglomerate on Saturday posted strong fourth-quarter operating earnings of $8.481 billion, about 28% higher than the $6.625 billion from the year-ago period from Finance https://ift.tt/uyqfMcw via IFTTT

Xiaomi bets big on its new electric vehicle — targets 20 million premium users

Xiaomi is putting a premium price on its first electric car because it already has about 20 million users in that segment, Group President Weibing Lu told CNBC. from Finance https://ift.tt/lxWhSrG via IFTTT

China’s AI stocks are surging. Here are the names to watch

Chinese artificial intelligence stocks are surging, even if the broader market recovery remains muted. from Finance https://ift.tt/VSFpUvs via IFTTT

Berkshire Hathaway operating earnings jump 28% in the fourth quarter, cash pile surges to record

The Omaha-based conglomerate posted operating earnings of $8.481 billion in the quarter ending December. from Finance https://ift.tt/kv7NRn1 via IFTTT

Credit card interest rates are at record highs. Cards have 'never been this expensive,’ CFPB says

Credit card APRs are at all-time highs. One reason: Issuers appear to be raising their profit margins, according to the Consumer Financial Protection Bureau. from Finance https://ift.tt/A5HxPvK via IFTTT

German central bank losses soar, wiping out risk provisions

Net interest income was negative for the first time in its 57-year history, declining by 17.9 billion euros year-on-year. from Finance https://ift.tt/Oia0yud via IFTTT

Block shares surge as much as 14% after company announces surprise profit

There was particularly strong growth in Block's payment platform, Cash App, and its point-of-sale suite, Square. from Finance https://ift.tt/6pSfzo0 via IFTTT

Stocks making the biggest moves after hours: Block, Carvana, Booking Holdings and more

These are the stocks posting the largest moves in extended trading. from Finance https://ift.tt/GySlnCo via IFTTT

Capital One’s acquisition has $1.4 billion breakup fee if rival bid emerges, but none if regulators kill deal

Capitol One agreed to purchase rival credit card player Discover for $35.3 billion. from Finance https://ift.tt/IQJiPgs via IFTTT

Stocks making the biggest moves midday: Nvidia, Rivian, Moderna, Novavax and more

These are the stocks posting the largest moves in midday trading. from Finance https://ift.tt/YNtmLdc via IFTTT

Stocks making the biggest moves before the bell: Nvidia, Moderna, Rivian, Etsy and more

These are the stocks posting the largest moves in premarket trading. from Finance https://ift.tt/ORHaknJ via IFTTT

Stocks making the biggest moves after hours: Nvidia, Etsy, Rivian, Lucid Group and more

Check out the companies making headlines in extended trading. from Finance https://ift.tt/Vierhxp via IFTTT

Fed officials expressed caution about lowering rates too quickly at last meeting, minutes show

The Federal Reserve on Wednesday released minutes from its Jan. 30-31 meeting. from Finance https://ift.tt/d2hcqoI via IFTTT

UK posts record budget surplus in January

The U.K. logged a £16.7 billion ($21.1 billion) net budget surplus in January, official figures showed, the largest since monthly records began in 1993. from Finance https://ift.tt/z9FAHl5 via IFTTT

HSBC pre-tax annual profit misses estimates on impairment costs; bank announces $2 billion further share buyback

from Finance https://ift.tt/Hzh6SB8 via IFTTT

Stocks making the biggest moves after hours: Palo Alto Networks, SolarEdge Technologies, Diamondback Energy and more

These are the stocks posting the largest moves in postmarket trading. from Finance https://ift.tt/B2Vznmj via IFTTT

Stocks making the biggest moves midday: Nvidia, Walmart, Discover Financial and more

These are the stocks posting the largest moves in midday trading. from Finance https://ift.tt/bPzS9JN via IFTTT

Jim Chanos discusses his legendary Enron short bet more than two decades later

Short seller Jim Chanos breaks down his legendary trade calling the collapse of Enron, the world's largest energy trading company at the time. from Finance https://ift.tt/6ZIrbCX via IFTTT

Stocks making the biggest moves premarket: Home Depot, Walmart, Intel, Arm Holdings and more

These are the stocks posting the largest moves in premarket trading. from Finance https://ift.tt/wnbVImF via IFTTT

Barclays posts fourth-quarter net loss, announces major strategic overhaul

Barclays on Tuesday reported a fourth-quarter net loss of £111 million ($139.8 million) as the British lender announced an extensive strategic overhaul. from Finance https://ift.tt/PB03QRL via IFTTT

Shopping online at 2 a.m.? That’s a red flag for buy now, pay later lender Affirm

Affirm, run by PayPal co-founder Max Levchin, is among a new breed of fintech lenders competing against credit cards issued by banks. from Finance https://ift.tt/a40QJej via IFTTT

Stocks making the biggest moves midday: Coinbase, Roku, Nike, Super Micro Computer and more

These are the stocks posting the largest moves midday. from Finance https://ift.tt/md75v2b via IFTTT

Stocks making the biggest moves premarket: Super Micro Computer, Dropbox, DoorDash and more

These are the stocks posting the largest moves in premarket trading. from Finance https://ift.tt/HaVEOFf via IFTTT

Stocks making the biggest moves after hours: DoorDash, Roku, Applied Materials and more

These are the stocks posting the largest moves in extended trading. from Finance https://ift.tt/9f1PEOd via IFTTT

How to avoid the top scam of 2023: The internet has 'really supercharged' it, expert says

Imposter scams were the most prevalent consumer fraud last year, the Federal Trade Commission said. Criminals dupe victims by posing as a trustworthy source. from Finance https://ift.tt/z5ySNm7 via IFTTT

Wells Fargo says regulators have lifted a key penalty tied to its 2016 fake accounts scandal

The Office of the Comptroller of the Currency terminated a consent order that forced it to revamp how it sells its retail products and services. from Finance https://ift.tt/rBNHnwx via IFTTT

Stocks making the biggest moves premarket: Deere, Cisco, Arm, Super Micro and more

These are the stocks posting the largest moves in premarket trading. from Finance https://ift.tt/1JmUHGQ via IFTTT

UK economy slipped into technical recession at the end of 2023

The U.K. economy slipped into a deeper-than-expected technical recession in the final quarter of last year, initial figures showed Thursday. from Finance https://ift.tt/CsKdMrA via IFTTT

Deflation: Here's where prices fell in January 2024, in one chart

The U.S. economy is seeing some consumer categories deflate, or fall in price. That's largely happening for prices of physical goods. from Finance https://ift.tt/afvO29b via IFTTT

Stocks making the biggest moves premarket: Lyft, Robinhood, Zillow, Kraft Heinz and more

These are the stocks posting the largest moves in early trading. from Finance https://ift.tt/gZoUxdk via IFTTT

As London loses another listing, analysts are wary of writing off the UK capital

TUI became the latest company to ditch its share listing in London, as shareholders voted for the German travel giant to list solely in Frankfurt. from Finance https://ift.tt/JAcsQkI via IFTTT

Stocks making the biggest moves after hours: Lyft, Robinhood, Airbnb, MGM Resorts and more

These are the stocks posting the largest moves in extended trading. from Finance https://ift.tt/2WFX3pJ via IFTTT

Here's the inflation breakdown for January 2024 — in one chart

The consumer price index rose by 3.1% in January 2024, a smaller annual increase than in December. from Finance https://ift.tt/Cxm5X8L via IFTTT

Stocks making the biggest moves premarket: JetBlue Airways, Arista Networks, Tripadvisor and more

These are the stocks posting the largest moves in premarket trading. from Finance https://ift.tt/LHv2XUp via IFTTT

Nvidia rally is fueling FOMO in the overall market, Evercore's Julian Emanuel warns

Evercore ISI's Julian Emanuel finds clients are more worried about being underinvested than overexposed right now. from Finance https://ift.tt/E1fgrbk via IFTTT

Stocks making the biggest moves after hours: JetBlue Airways, Avis Budget Group, Arista Networks and more

These are the stocks posting the largest moves in extended trading. from Finance https://ift.tt/BhJdR1U via IFTTT

Stocks making the biggest moves midday: New York Community Bancorp, Diamondback Energy, VF Corp and more

These are the stocks posting the largest moves in midday trading. from Finance https://ift.tt/qQG4zhc via IFTTT

Stocks making the biggest moves premarket: Rivian, Rocket Lab, Hershey, Lowe's and more

These are the stocks posting the largest moves in premarket trading. from Finance https://ift.tt/7BUXfds via IFTTT

Digital banking giant Revolut is launching phone plans for travelers in the UK

Digital banking startup Revolut is launching travel eSIM plans in the U.K. that give users access to data abroad without suffering roaming charges. from Finance https://ift.tt/6BQDa2z via IFTTT

Chinese stocks are trying to rebound. This is the trade to watch to know if the turnaround is for real

Mainland Chinese stocks are trying to rebound from five-year lows and it's starting to look like Beijing is willing to take some action. from Finance https://ift.tt/I3b9z8Y via IFTTT

Oil stocks share a bullish similarity with semis, but 'no one cares,' VanEck CEO says

Investors may want to consider putting money to work in a lagging part of the market. According to VanEck CEO Jan van Eck, oil stocks are getting a raw deal. from Finance https://ift.tt/r8S0jVU via IFTTT

Policy changes look to reduce 401(k) plan 'leakage'

Workers frequently cash out their retirement accounts when changing jobs. That can cost them in the long run. from Finance https://ift.tt/E01k6yC via IFTTT

Stocks making the biggest moves midday: Pinterest, Cloudflare, PepsiCo, Expedia and more

These are the stocks posting the largest moves in midday trading. from Finance https://ift.tt/CzhGjy1 via IFTTT

Big banks have drastically cut overdraft fees, but customers still paid $2.2 billion last year

Overdraft revenue is on the decline, but recent filings show that JPMorgan Chase and Wells Fargo remain by far the largest generators of the controversial fees. from Finance https://ift.tt/g6Eu20C via IFTTT

Stocks making the biggest moves premarket: PepsiCo, Cloudflare, Pinterest, Expedia and more

These are the stocks posting the largest moves in early trading. from Finance https://ift.tt/2u1ST3E via IFTTT

Stocks making the biggest moves after hours: Pinterest, Take-Two Interactive, Expedia and more

Check out the companies making headlines in extended trading. from Finance https://ift.tt/X4jJRH0 via IFTTT

PayPal plummets as Wall Street likens CEO's strategy to 'turning around the titanic'

PayPal shares plunged by double digits Thursday after a disappointing forecast added to uncertainty around the payments giant. from Finance https://ift.tt/r6DxTLb via IFTTT

This semi name just hit a fresh all-time high. Why its stock market dominance could last

Nvidia's advantage in the artificial intelligence chip space may be in its early innings, according to VanEck CEO Jan van Eck. from Finance https://ift.tt/B3Ci9bu via IFTTT

Stocks making the biggest moves after hours: Disney, PayPal, Arm Holdings, Wynn Resorts and more

These are the stocks posting the largest moves in extended trading. from Finance https://ift.tt/oW1rgCR via IFTTT

NYCB woes reignite fears about shaky banks as anniversary of March crisis nears

Investors have worried that commercial real estate losses could trigger more turmoil after deposit runs consumed Silicon Valley Bank and Signature last March. from Finance https://ift.tt/Bt1EgRP via IFTTT

Hedge fund billionaire Bill Ackman to launch a NYSE-listed fund for regular investors

Pershing Square's Ackman will offer a new investment vehicle listed on the New York Stock Exchange, aiming to leverage his following among retail investors. from Finance https://ift.tt/FH3STf7 via IFTTT

NYCB shares jump after bank names new chairman following credit rating downgrade

NYCB has been in freefall since reporting a surprise loss last week, along with mounting losses on commercial real estate and the need to slash its dividend. from Finance https://ift.tt/hDSeRji via IFTTT

Clocktower's chief strategist says Chinese stocks will likely rally 10% to 15% from here

Chinese stocks will likely climb by at least 10% as authorities signal concerted support efforts, said Marko Papic, chief strategist at Clocktower Group. from Finance https://ift.tt/LlQRVfv via IFTTT

Lawson shares surge 18% after Japan's KDDI launches $3.4 billion privatization offer

The telecom operator plans to acquire a 50% stake in Lawson, taking it private with trading house Mitsubishi Corp, which owns the other 50%. from Finance https://ift.tt/fM5bwBC via IFTTT

Stocks making the biggest moves after hours: Chipotle, Snap, Ford, Warner Bros. Discovery and more

These are the stocks posting the largest moves in extended trading. from Finance https://ift.tt/lSu37OA via IFTTT

UBS beats earnings expectations, announces up to $1 billion share buyback

Swiss banking giant UBS on Tuesday narrowly beat fourth-quarter earnings expectations and announced that it would recommence share buybacks worth $1 billion in the second half of the year. from Finance https://ift.tt/0Ao3hpU via IFTTT

Stocks making the biggest moves after hours: Palantir Technologies, NXP Semiconductors, Chegg and more

These are the stocks posting the largest moves in after-hours trading. from Finance https://ift.tt/xdRQ7wn via IFTTT

Ken Griffin’s Citadel hedge fund rose 1.9% in January as volatility ramped up

Citadel's multistrategy flagship Wellington fund climbed 1.9% in January, following a 15.3% gain last year. from Finance https://ift.tt/9ptkxmr via IFTTT

Stocks making the biggest moves premarket: Estee Lauder, Nvidia, McDonald's, Caterpillar and more

These are the stocks posting the largest moves in early trading. from Finance https://ift.tt/25L4aUy via IFTTT

Stock market in a 'very dangerous' position as jobs and wages run hot, fund manager says

The U.S. stock market is in a "very dangerous" spot as strong jobs numbers suggest the Federal Reserve's interest rate hikes have not had the desired effect, says Cole Smead. from Finance https://ift.tt/nMrZBWL via IFTTT

Delivery Hero says it hit 2023 sales growth targets in early results after 26% stock plunge

Delivery Hero put out preliminary results Monday, earlier than they were expected to drop, after the company saw 26% erased from its share value last week. from Finance https://ift.tt/cC3Vfyl via IFTTT

Powell insists the Fed will move carefully on rate cuts, with probably fewer than the market expects

Powell expressed confidence in the economy and said the pain he feared from rate hikes never really materialized. from Finance https://ift.tt/BNiHEws via IFTTT

While Chinese stocks search for a bottom, analysts say these shares are poised to bounce

Chinese stocks have given up much of their recent gains as investors debate whether the bottom is really in. from Finance https://ift.tt/w6y2d0U via IFTTT

These ETFs could help investors reduce Big Tech exposure

Big Tech's market dominance may push more investors to equal-weight ETFs, according to VettaFi's Todd Rosenbluth. from Finance https://ift.tt/TzhtoME via IFTTT

Superdry shares soar more than 100% as company considers going private

Superdry shares soared more than 100% on Friday as the fashion retailer confirmed that CEO Julian Dunkerton is considering taking it private. from Finance https://ift.tt/LVjzyPx via IFTTT

Stocks making the biggest premarket moves: Meta, Amazon, Bristol-Myers Squibb, Chevron and more

These are the stocks posting the largest moves in the premarket. from Finance https://ift.tt/BrpW4V8 via IFTTT

Stocks making the biggest moves after hours: Meta, Amazon, Apple, Skechers and more

See which stocks are posting big moves after the bell. from Finance https://ift.tt/kxoArBv via IFTTT

FBI: 'Financial sextortion' of teens is a 'rapidly escalating threat.' How parents can protect their kids

Cybercriminals are tricking minors into sending sexually explicit photos and videos, and blackmailing them for payment. from Finance https://ift.tt/gA7E3si via IFTTT