Musk’s plan to buy Twitter has worried policymakers around the world. Joe Skipper | Reuters Elon Musk can’t just walk away from his deal to acquire Twitter by paying an agreed-upon $1 billion breakup fee. It’s not that simple. Musk Friday tweeted that he has decided to put his acquisition of Twitter “on hold” as he researches whether the amount …
A man walks past the brand logo of Alphabet Inc’s Google outside its office in Beijing, China, August 8, 2018. Thomas Peter | Reuters Earnings season can bring heightened volatility to the markets, and this time it’s showing no sign of slowing down. In tumultuous times like these, short-term bets can be dangerous. Instead, investors may better withstand the turbulence …
Pedestrians pass in front of Pinterest signage displayed outside of the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Pinterest soared in after-hours trading Wednesday after the social media company reported first quarter 2022 earnings that beat analyst expectations. The stock was up as much 11%. Here’s how Pinterest did versus Refinitiv consensus estimates: EPS: 10 cents adjusted …
A recap of Friday's best stock picks on CNBC. Source link
Pedestrians pass in front of a GAP store in New York. Scott Mlyn | CNBC Check out the companies making headlines in midday trading Friday. American Express — Shares of the payment firm dipped 1.1% despite American Express topping earnings expectations for the first quarter. American Express reported a profit of $2.73 per share, versus the Refinitiv consensus estimate of …
Stock futures were flat in overnight trading Thursday as the S&P 500 tried to avoid another losing week amid busy earnings and rising bond yields. Futures on the Dow Jones Industrial Average dipped 20 points. S&P 500 futures and Nasdaq 100 futures both traded 0.1% lower. The overnight action followed a dramatic reversal Thursday that saw major averages wiping earlier …
CEO of Snap Inc. Evan Spiegel walks to a morning session at the Allen & Company Sun Valley Conference on July 07, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Snap missed Wall Street expectations for profit and sales, and forecast disappointing revenue growth in the current quarter, when it reported first-quarter results on Thursday. However, daily users …
The second week of earnings kicks off Monday, and investors will get their first look at how some of the biggest tech companies in the world fared. Source link
Traders on the floor of the NYSE, March 29, 2022. Source: NYSE Earnings season is here, and it may distract investors from other issues, but it’s not likely to be the big driver of the overall market in the week ahead. Investors instead will keep an eye on the things that have been worrying the market — interest rates, inflation …
Here are the biggest calls on Wall Street on Source link
