All Stock News

Tesla Pullback Puts Onus on Others to Build Electric Vehicle Chargers

The automaker led by Elon Musk is no longer planning to take the lead in expanding the number of places to fuel electric vehicles. It's not clear how quickly other companies will fill the gap.

Stocks: TSLA
29 minutes ago - NYTimes

Credit Suisse China securities JV says staff down 46% in 2023

Credit Suisse's securities brokerage joint venture in China said its staff numbers sank 46% in 2023, a year the Swiss authorities arranged a takeover to keep the firm from collapsing.

Stocks: UBS
1 hour ago - Reuters

Dave & Buster's Launches Arcade Betting as Wagers Gain Popularity

With the proliferation of betting apps bringing gambling into more parts of consumers' lives, now even Skee-Ball is getting the Las Vegas treatment. Restaurant and entertainment center chain Dave & Bu...

Stocks: PLAY
1 hour ago - PYMNTS

DraftKIngs Q1 earnings shows revenue increased over 50%

DraftKings (DKNG) posted first-quarter earnings results, showing revenue increased over 50% year-over-year. According to the report, part of their success is due in part to stronger-than-expected cust...

Stocks: DKNG
4 hours ago - Yahoo Finance

Elon Musk Tries to Make Himself Indispensable at Tesla Ahead of Pay Vote

The CEO is shifting the EV maker's strategy and suggesting that he could take his ideas on AI elsewhere.

Stocks: TSLA
8 hours ago - WSJ

Elon Musk sues Indian battery company Tesla Power for trademark infringement

Tesla, Inc., owned by Elon Musk, has sued an India company called Tesla Power India in the Delhi High Court, alleging copyright infringement.

Stocks: TSLA
8 hours ago - Fox Business

Puck's Matt Belloni talks the latest speculation around a Paramount deal

Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m.

Stocks: PARAPARAA
8 hours ago - CNBC Television

Unlikely Apple will unveil AI enabled feature with new iPad, says Cleo Capital's Sarah Kunst

Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m.

Stocks: AAPL
9 hours ago - CNBC Television

Wall Street analysts raise Apple price targets on monster buyback

Wall Street analysts are raising their target prices of Apple (APPL) after the tech giant exceeded earnings expectations and announced the authorization of $110 billion share buyback program. Analysts...

Stocks: AAPL
9 hours ago - Yahoo Finance

GameStop's stock skyrockets 29% to continue rally and register biggest gain in over a year

GameStop Corp. shares ended Friday's session up 29.1% to continue their rally and register their biggest daily percentage gain since March 22, 2023, when they rose 35.2%.

Stocks: GME
9 hours ago - Market Watch

Jim Cramer digs into Cracker Barrel's business and recent stock action

'Mad Money' host Jim Cramer digs into Cracker Barrel's business and stock action.

Stocks: CBRL
9 hours ago - CNBC Television

We should get excelent numbers out of Disney, says Jim Cramer

'Mad Money' host Jim Cramer looks ahead to next week's market game plan.

Stocks: DIS
9 hours ago - CNBC Television

CVS Stock Discovers a Medicare Disadvantage

Shares in the drug chain and health insurer lost 19% after missing earnings and slashing guidance. The culprit: Costs for its Medicare Advantage plans.

Stocks: CVS
9 hours ago - Barrons

Berkshire Hathaway conference could be bullish for its portfolio, says Jim Cramer

'Mad Money' host Jim Cramer looks ahead to next week's market game plan.

9 hours ago - CNBC Television

Aerospace stock plays: Analyst likes Northrop Grumman on consistent earnings and sales growth

When investing, it can be hard to choose which stocks to avoid and which to consider, especially when you are trying to gain exposure to a specific sector. In the latest edition of Good Buy or Goodbye...

Stocks: NOC
10 hours ago - Yahoo Finance

Google blasted as ‘negligent' over evidence destruction as landmark DOJ antitrust case wraps up

A federal judge blasted Friday Google over a “negligent” policy that resulted in the deletion of employee chat records as closing arguments wrapped up in a landmark antitrust case that could result in...

Stocks: GOOGGOOGL
10 hours ago - New York Post

Final Trade: TRU, HD, CVX, DIS

The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.

Stocks: CVXDISHDTRU
11 hours ago - CNBC Television

Paramount's new ‘Office of the CEO' now has a leader — while its ex-CEO will still collect a hefty paycheck

Paramount Global has named Chris McCarthy as interim principal executive officer of its new three-executive leadership team, a move that it made “for purposes of the rules and regulations” of the U.S....

Stocks: PARAPARAA
11 hours ago - Market Watch

Vistra to Join S&P 500 Index, Replacing Pioneer Natural Resources

The index changes were announced after the close of trading Friday by S&P Dow Jones Indices. All changes will occur on Wednesday.

11 hours ago - Barrons

Paramount Unveils Bob Bakish Exit Terms, Names Chris McCarthy ‘Interim Principal Executive' For SEC Purposes

Paramount Global says Chris McMarthy is the company's “interim principal executive officer,” a necessity required by the SEC that apparently does not signal he has more decision-making power among a t...

Stocks: PARAPARAA
11 hours ago - Deadline

Buffett retakes the stage as Berkshire prepares to pass the baton

Warren Buffett takes center stage in Omaha for Berkshire Hathaway's annual shareholder meeting on Saturday, as investors size up his expected successor.

11 hours ago - Fox Business

What You Need To Know Ahead of Reddit's First Earnings Report Since Its IPO

Reddit (RDDT) is set to announce on Tuesday its first quarterly earnings since the social media company made its trading debut on the New York Stock Exchange (NYSE) in March.

Stocks: RDDT
11 hours ago - Investopedia

Reddit CEO beneficially owns 61.5% of class A shares, regulatory filing shows

Reddit co-founder and CEO Steve Huffman beneficially owns 62.4 million Class A shares of the social media company, a regulatory filing showed on Friday.

Stocks: RDDT
11 hours ago - Reuters

Luminar to cut nearly 20% jobs as part of restructuring

Luminar Technologies , a maker of lidar sensors for self-driving cars, said on Friday that it would cut its workforce by about 20%, as part of a restructuring plan for the current year.

Stocks: LAZR
11 hours ago - Reuters

Cramer's week ahead: Earnings from Disney, Uber and Warner Bros. Discovery

CNBC's Jim Cramer on Friday guided investors through an earnings-packed week on Wall Street.

Stocks: DISUBERWBD
11 hours ago - CNBC

Paramount will let exclusive talks with Skydance lapse, NYT reports

Paramount Global Friday will end its exclusive negotiations with Skydance Media without reaching a deal, the New York Times reported on Friday, citing people familiar with the matter.

Stocks: PARAPARAA
11 hours ago - Reuters

Paramount May Reportedly Turn Down Both Skydance And Sony Deals—What We Know About The Negotiations

The sale of Paramount Global to Skydance Media or Sony appears to be growing more unlikely, according to multiple outlets, as it looks to continue to narrow its streaming losses and navigate the depar...

Stocks: PARA
11 hours ago - Forbes

Final Arguments in Google Antitrust Trial Conclude, Setting Up Landmark Ruling

Judge Amit P. Mehta must now decide whether Google violated the law, potentially setting a precedent for a series of tech monopoly cases.

Stocks: GOOGGOOGL
11 hours ago - NYTimes

Vistra Corp. to join S&P 500 index, replacing Pioneer Natural Resources

Texas-based Vistra Corp. is set to join the S&P 500 index before the opening bell Wednesday, index provider S&P Dow Jones Indices said late Friday.

11 hours ago - Market Watch

Apple iPhone weakness in China is overdone, says Wells Fargo analyst

Aaron Rakers, Wells Fargo Securities managing director, joins 'Fast Money' to talk the bull case for Apple, iPhones and AI, and what's ahead for the tech company.

Stocks: AAPL
11 hours ago - CNBC Television

The Score: Tesla, Starbucks, Paramount and More Stocks That Defined the Week

Here are some of the major companies whose stocks moved on the week's news.

11 hours ago - WSJ

Pega (PEGA) COO/CFO on Blueprint A.I. Product

Pega (PEGA) is an enterprise software provider who's A.I.-powered decision engine enhances customer acquisition across media channels.

Stocks: PEGA
11 hours ago - Schwab Network

Gold will weather this storm as investors sell the rallies

(Kitco News) - The U.S. labor market has defied all expectations in 2024, but sentiment has started to shift as five months of consecutive outperformance come to an end.Heading into the weekend, marke...

11 hours ago - Kitco

JPMorgan's Stephen Tusa shares under-the-radar AI plays

Stephen Tusa, JPMorgan analyst, joins 'Closing Bell Overtime' to discuss how data centers could benefit from the AI hype cycle.

Stocks: DDETNJCIVRT
11 hours ago - CNBC Television

This might be the best iPhone cycle Apple's ever had, says Melius' Ben Reitzes

Ben Reitzes, Melius Research Head of Technology Research, joins 'Closing Bell Overtime' to talk Apples big earnings beat.

Stocks: AAPL
11 hours ago - CNBC Television

Luminar cuts 20% of staff and outsources lidar production

Lidar company Luminar is slashing its workforce by 20% and will lean harder on its contract manufacturing partner as part of a restructuring that will shift the company to a more “asset-light” busines...

Stocks: LAZR
11 hours ago - TechCrunch

Whirlpool says it's planning additional layoffs under restructuring plan

Whirlpool Corp. said Friday that it plans additional layoffs to the 1,000 it announced as part of a global restructuring plan in late April.

Stocks: WHR
12 hours ago - Market Watch

Luminar's stock falls as lidar maker plans to lay off 20% of workforce as part of restructuring plan

Shares of Luminar Technologies Inc. dropped more than 9% in extended trading Friday after the maker of lidar and other sensors for self-driving vehicles said it was cutting its workforce by 20% as par...

Stocks: LAZR
12 hours ago - Market Watch

Microsoft's Facial-Recognition Ban Points to Growing Qualms Over Privacy

Microsoft's decision to ban police departments from using its Azure OpenAI Service for facial recognition reflects the technology industry's struggle to balance the promises and perils of artificial i...

Stocks: MSFT
12 hours ago - PYMNTS

China's Zeekr plans to raise up to $368 mln in US IPO

China-based electric vehicle brand Zeekr Intelligent Technology Holding said on Friday it was aiming to raise up to $367.5 million in its U.S. initial public offering.

Stocks: ZK
12 hours ago - Reuters

Bulls Were Right to Reward Apple (AAPL)

Bulls were right to reward Apple this week, but the worst economic data in more than a year is no cause for celebration, says OJ. The Risk Radar closes the week with one more key change.

Stocks: AAPL
12 hours ago - Schwab Network

Could Higher for Longer Be Even Longer Than We Think?

What does higher for longer really mean? Investors have faced an inflation storyline for almost four years now since the global pandemic threw supply chains into chaos.

Stocks: TDVG
12 hours ago - ETF Trends

S&P 500 Snapshot: Late Week Rally Leads to Weekly Gains

The S&P 500 finished in the green this week thanks to a late week rally. The index is currently up 8.12% year to date and now sits 2.41% below its record close from March 28, 2024.

12 hours ago - ETF Trends

Treasury Yields Snapshot: May 3, 2024

The yield on the 10-year note ended May 3, 2024 at 4.50%, the 2-year note ended at 4.81%, and the 30-year at 4.66%. Here is a table showing the yields' highs and lows and the FFR since 2007.

Stocks: IEFSHYTLT
12 hours ago - ETF Trends

Tesla is pulling out all the stops to get Elon Musk his $47 billion pay package

Tesla's board urged shareholders in a video to vote for CEO Elon Musk's $47 billion pay package. A Delaware court had canceled his 2018 CEO performance award.

Stocks: TSLA
12 hours ago - Business Insider

Here's how much Buffett's Berkshire Hathaway could make from Apple's dividend hike

Buffett, the CEO of Berkshire Hathaway, famously loves stocks that pay dividends to shareholders and is therefore likely thrilled that Apple Inc. AAPL, +5.98% announced Thursday it will increase its c...

Stocks: AAPL
12 hours ago - Market Watch

Wall Street joins Main Street in the bear cave for next week as gold's price momentum wanes

(Kitco News) – The gold market had plenty to digest this week, with manufacturing and services sector data, nonfarm payrolls, and the FOMC rate decision, and while precious metals prices did see a boo...

12 hours ago - Kitco

Exxon to take up to two years to hit stride with Pioneer purchase

Exxon Mobil will take 18 to 24 months to achieve its desired production synergies from its $60 billion purchase of U.S. shale oil producer Pioneer Natural Resources, the company's top shale executive ...

Stocks: XOM
13 hours ago - Reuters

Gold is overvalued now and won't help you beat inflation in coming years

Gold GC00, +0.05% as an investment is likely to lag U.S. inflation by more than 7% a year over the next decade. That's the implication of new research titled “Is There Still a Golden Dilemma?

13 hours ago - Market Watch

Gold Price Forecast: Technical Signals Point to Potential Downside

Despite holding support around the 50% retracement level, gold faces more technical bearish signs, with a bear flag pattern indicating potential for lower levels ahead.

13 hours ago - FXEmpire