SINGAPORE — Shares in Asia-Pacific rose in Friday morning trade, with investors monitoring shares of Alibaba in Hong Kong after the Chinese tech giant posted better-than-expected fourth-quarter earnings on Thursday. The Nikkei 225 in Japan gained 1.41% as shares of conglomerate SoftBank Group surged 5%. The Topix index advanced 1.08%. South Korea’s Kospi also jumped 1.22%. In Australia, the S&P/ASX …
Traders on the floor of the NYSE, May 17, 2022. Source: NYSE Stock futures dipped in overnight trading as the S&P 500 attempted to snap a seven-week losing streak. Futures on the Dow Jones Industrial Average shed about 60 points, or 0.2%. S&P 500 futures eased 0.2% and Nasdaq 100 futures ticked down 0.1%. Retail corporate earnings continued after the …
A recap of Thursday's best stock picks on CNBC. Source link
Bloomberg | Bloomberg | Getty Images Check out the companies making headlines after the bell: Ulta Beauty — Shares surged more than 6% after hours as the beauty retailer’s quarterly report beat Wall Street estimates on the top and bottom lines. Ulta Beauty posted adjusted first-quarter earnings of $6.30 per share on revenue of $2.346 billion. Analysts had expected a …
A volatile earnings season is winding down, but there are still a few opportunities for investors to take advantage of big earnings-driven moves, according to Goldman Sachs. Retailers have seen big hits, with names like Walmart and Target experiencing some of their biggest one-day drops on record. On the other side, shares of Toll Brothers popped nearly 8% on Wednesday …
Satya Nadella, chief executive officer of Microsoft Corp., appears at a panel session at the World Economic Forum in Davos, Switzerland, on May 24, 2022. Hollie Adams | Bloomberg | Getty Images Microsoft is gearing up to pursue a more conservative approach to hiring in a part of the business that includes some of its most popular products. Rajesh Jha, …
Rochelle Walensky, Director of the U.S. Centers for Disease Control and Prevention (CDC), participates in a panel discussion during the Milken Institute Global Conference in Beverly Hills, California, on Wednesday, May 4, 2022. Lauren Justice | Bloomberg | Getty Images The Centers for Disease Control and Prevention has identified nine cases of monkeypox across seven U.S. states, officials said Thursday: …
He died in his sleep in the Dominican Republic, where he was filming a movie called “Dangerous Waters,” according to his publicist. Source link
Former President Donald Trump Carlos Barria | Reuters An appeals court on Thursday rejected a bid by former President Donald Trump and two of his adult children to avoid being compelled to answer questions under oath by investigators for New York Attorney General Letitia James as part of her civil investigation of Trump Organization business practices. The decision was the …
Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016. David A. Grogan | CNBC Activist investor Carl Icahn lost his proxy fight with McDonald’s on Thursday, signaling that shareholders weren’t swayed by his animal-welfare concerns. Preliminary counts of votes during the company’s annual shareholder meeting showed that Icahn’s board nominees only received votes from about 1% …
