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CNBC Financial News

Stocks making the biggest moves premarket: Moderna, Kohl's, Intuit, Analog Devices & more

Wed, 05/24/2023 - 05:14
These are the stocks posting the largest moves in premarket trading.

Europe is producing more startup 'mafias' than ever despite tech rout

Wed, 05/24/2023 - 02:08
The development mimics the trend of startup "mafias" in the U.S., where companies like PayPal indirectly helped produce huge businesses like Tesla and Palantir.

European banks are stronger than their U.S. rivals, analysts say. Here's why

Tue, 05/23/2023 - 23:44
Attendees of the Institute of International Finance conference in Brussels said European banks were in a strong position, but needed support to grow.

China's new ambassador to the U.S. arrives to 'safeguard' Beijing's interests

Tue, 05/23/2023 - 18:41
Xie Feng, China's new ambassador to the U.S., arrived in New York Tuesday with a call to "safeguard the interests of China," according to a release.

'Hurricane has landed:' Activist investor Jonathan Litt doubles down on office space short

Tue, 05/23/2023 - 17:15
Land and Buildings' Jonathan Litt bets stalled return-to-office plans will stir up more trouble in commercial real estate.

Stocks making the biggest moves after hours: Palo Alto Networks, Urban Outfitters and more

Tue, 05/23/2023 - 15:02
These are the stocks posting the largest moves in extended trading.

BlackRock bond chief Rieder says U.S. economy in 'much better shape’ than doomsayers say

Tue, 05/23/2023 - 12:37
Rick Rieder, a three-decade market veteran who oversees $2.4 trillion for BlackRock, is optimistic on the investment outlook despite the debt-ceiling impasse.

Stocks making the biggest moves midday: Yelp, AutoZone, Lowe's, Apple and more

Tue, 05/23/2023 - 09:30
These are some of the stocks posting the largest moves in midday trading Tuesday.

Stocks making the biggest moves premarket: Yelp, AutoZone, Lowe's, Dick's Sporting Goods & more

Tue, 05/23/2023 - 04:53
These are the stocks posting the largest moves in early trading.

Goldman Sachs says jobs mismatch drove up China's youth unemployment

Mon, 05/22/2023 - 22:19
Record unemployment among China's young people stems partly from a mismatch between their majors and available jobs, Goldman Sachs analysts said.

Jamie Dimon warns souring commercial real estate loans could threaten some banks

Mon, 05/22/2023 - 15:02
U.S. banks have experienced historically low loan defaults over the last few years due to low interest rates and the flood of Covid stimulus money.

Stocks making the biggest moves midday: PacWest, DraftKings, Pfizer, Foot Locker and more

Mon, 05/22/2023 - 09:50
These are the stocks posting the largest moves in midday trading.

Fed's Kashkari says a June pause on rates wouldn't indicate an end to hiking cycle

Mon, 05/22/2023 - 06:29
Kashkari told CNBC on Monday he's open to holding off on another rate hike, but cautioned against reading too much into a pause.

Stocks making the biggest premarket moves: Apple, Meta, Micron, PacWest and more

Mon, 05/22/2023 - 04:51
These are the stocks posting the largest moves in the premarket.

JPMorgan Chase raises key revenue target to $84 billion after First Republic takeover

Mon, 05/22/2023 - 04:33
Longtime JPMorgan CEO Jamie Dimon is expected to speak in a question-and-answer session this afternoon.

Fintech firm Wise's shares fall after announcing CFO is resigning, CEO to go on leave

Mon, 05/22/2023 - 01:56
Shares of British fintech Wise sank Monday after announcing its CFO Matt Briers is leaving the company while CEO Kristo Kaarman is to go on paternity leave.

Investor behind top tech fund warns mega-cap rally is running on fumes

Sat, 05/20/2023 - 08:00
Anna Paglia, who runs the Invesco QQQ Trust, sees a bearish trend in the Big Tech rally.

Fed Chair Powell says rates may not have to rise as much as expected to curb inflation

Fri, 05/19/2023 - 10:32
Powell spoke Friday at a "Perspectives on Monetary Policy" panel in Washington, D.C.

Stocks making the biggest moves midday: Foot Locker, Catalent, Occidental Petroleum & more

Fri, 05/19/2023 - 09:34
These are the stocks posting the largest moves in midday trading.

Morgan Stanley CEO plans to step down within the year, sparking Wall Street succession race

Fri, 05/19/2023 - 07:52
Morgan Stanley's board has narrowed its CEO search to three "very strong" internal candidates to succeed Gorman, the chief said.

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