A 3.6% year-on-year rise in profits last month followed a 0.7% gain in May, while first-half earnings were up 3.5% compared with a 3.4% rise in the January-May period. more
A jury on Friday found that Abbott Laboratories' specialized formula for premature infants caused an Illinois girl to develop a dangerous bowel disease. more
The timeline for the initial public offering of billionaire investor Bill Ackman’s new investment fund Pershing Square USA appeared to get a bit hazier on Friday, according to the New more
U.S. stocks rebounded Friday after a turbulent week for the S&P 500. more
Bill Ackman is postponing the highly scrutinized listing of Pershing Square's U.S. closed-end fund, according to a notice on the NYSE's website. more
The deal covers three antitrust cases — including the class-action lawsuit known as House vs. the NCAA — that challenged NCAA compensation rules dating back to 2016. more
Financial experts sum up Vice President Kamala Harris' latest financial disclosure of her personal assets in one word: Boring. But that's not a bad thing. more
The PCE price index was expected to increase 0.1% in June and 2.5% from a year ago. more
Dexcom, which had its stock market debut in 2005, had its worst day ever after lowering its full-year guidance. more
The outage is believed to have caused $5.4 billion in losses for big enterprises — but various factors help insulate the cybersecurity company. more
The three major averages climbed on Friday. more
The selloff in U.S. semiconductor and megacap stocks has sucked up most of investors’ attention over the past couple of weeks. But they aren’t the only momentum trades that have more
Charter lost fewer internet subscribers than expected in the second quarter, though subscriber losses in its video business were steeper than what analysts were modeling. more
Wall Street could be in for a volatile bout of trading next week if this one was anything to go by. more
The maker of Post-it Notes, Scotch tape and Command strips beat second-quarter earnings expectations and raised its full-year outlook. more
Donald Trump's GOP running mate Sen. JD Vance has been under fire for criticizing Democrats like Vice President Kamala Harris for not having children. more
Victims of Zelle fraud are entitled to more reimbursement than they’re getting, lawmakers say. more
Warner Bros. Discovery has sued the NBA in an effort to keep distributing the league's games, after it chose NBCUniversal and Amazon as new media partners. more
Billionaire Democratic donors Barry Diller and Reid Hoffman said in interviews this week they hope Kamala Harris will replace FTC Chair Lina Khan if she becomes U.S. president. more
Investors assessed the release of June inflation numbers that are closely watched by policymakers ahead of next week's Federal Reserve meeting. more
U.S. government debt rallied on Friday, pushing yields broadly lower, after the Federal Reserve’s preferred inflation gauge left expectations in place for the first interest-rate cut to arrive in September. more
Federal student loan payments are on pause for millions of people while the Biden administration defends its new relief program in court. Here's what to know. more
The Paris Summer Olympics could mark a reset for major sponsors after years of games held against the backdrop of geopolitical issues and the COVID-19 pandemic, according to branding expert more
OpenAI's new search engine is the latest threat to Alphabet's dominance in the market. more
Several banks are trimming back yields on savings products well before the Federal Reserve cuts rates. more
Oil settled lower on Friday and ended at a loss for the week, with prices weighed down by expectations of a Gaza cease-fire deal that would ease global supply concerns. more
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and more
These 10 U.S. states are the best in the nation to protect residents and businesses from extreme weather events linked to climate change. more
The FAA approved SpaceX to resume flights of its mainstay Falcon 9 rocket after being grounded about two weeks ago following a rare inflight failure. more
While home prices and borrowing costs are still generally high, the housing market is entering a more neutral territory. Here are four things to know. more
U.K. Finance Minister Rachel Reeves said Friday that the new Labour government would be the most pro-growth and pro-business the country has seen. more
Nvidia has struggled in July and could have further downside, according to Raymond James. more
Short seller Andrew Left is accused in the indictment with crimes related to trades in Nvidia, and with concealing his Citron Capital's relationships. more
Disney and Marvel's "Deadpool & Wolverine" snared $38.5 million in Thursday previews. more
French railway operator SNCF said in a statement its network had experienced several concurrent attacks on Thursday night, with fire damaging its facilities. more
Since the 1960s, every city hosting the Olympics has exceeded its initial budget by a large margin, according to an Oxford University study. more
The results come as Bristol Myers moves to cut $1.5 billion in costs by 2025 and reinvest that money into key drug brands and research and development programs. more
The Federal Reserve is meeting again. Consider these financial moves before the next interest rate cut. more
Reuters exclusively reported that PricewaterhouseCoopers (PwC) is considering slashing up to half its financial services auditing staff in China as […] The post PwC weighs halving of China financial services more
Reuters exclusively reported that trading houses face losses of at least $1 billion on cocoa derivatives after major producer Ghana […] The post Traders face $1 bln loss on faltering more
Reuters exclusively reported that United Auto Workers President Shawn Fain met with the union’s executive board to discuss his deep […] The post UAW considering next steps on worries Trump more
Reuters exclusively reported that Indian labour officials visited a Foxconn factory in the country’s south this week and questioned executives […] The post Indian officials visit Foxconn iPhone plant, question more
Reuters published an exclusive interview with Turkish Central Bank Governor Fatih Karahan – his first with the media since becoming […] The post Turkish central bank chief ‘extremely determined’ to more
Reuters exclusively reported that German engineering group Robert Bosch is weighing a bid for U.S. appliances manufacturer Whirlpool, a move […] The post Bosch weighs offer for appliance maker Whirlpool more
Reuters exclusively reported that India’s markets regulator is considering a series of tweaks to its derivative trading rules as it […] The post India regulator plans tweaks to address derivative more
Reuters exclusively reported that Tesla’s largest outside investor Vanguard said it voted in favor of CEO Elon Musk’s $56 billion […] The post Vanguard vote switch helped pass Tesla CEO more
Reuters exclusively reported that Goldman Sachs aims to double its lending over the next five years to ultra-wealthy private bank […] The post Goldman Sachs aims to double lending to more
Reuters exclusively reported that Saudi Arabia’s Public Investment Fund (PIF) is in discussions with multiple boxing stakeholders to create a […] The post Saudi wealth fund holding talks to create more
The bank also announced a deal with Metro Bank, raised its guidance, and increased its dividends [...]
With revenue growth, increased operating margins, but a high valuation, here's what we think of Netflix stock [...]
We'll be watching iPhone revenue, gross margins, and services growth when Apple reports its earnings on 1 August [...]
Despite growth, Morningstar's Fair Value Estimate for the consumer goods giant stock is unchanged [...]
Morningstar analysts think the UK's biggest company has a well-positioned broad drug portfolio which sets it up for a steady growth outlook [...]
At WisdomTree, we offer numerous suites of Funds. In this blog post, I will focus on two particular suites: one that is dynamically hedged and another… [...]
From the basics of personal finance and investing to how the markets influence our money decisions, these books will tell you why and show you how [...]
While we viewed CrowdStrike's shares as overvalued before the 'incident', we are not as pessimistic as the market about the outage's impact on the firm's business [...]
The London-based cigarette and vaping products maker reported a 5.7% rise in pretax profit to £5.60 billion for the first half of 2024 [...]
We're watching ad demand, AI monetisation, and platform usage in Meta's next earnings report on 31 July [...]
The Japanese stock market has been in limbo since the spring. After running from sub-17,000 at the pandemic lows to 41,088 in March, the Nikkei 225 sp… [...]
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After a strong start to the year, markets entered the second quarter weighted by increasing inflation worries. With expectations of the number of Fede… [...]
Rahul Bhushan from ARK Invest Europe takes stock of the AI sector and explains which stocks could replicate Nvidia's success [...]
The news of President Biden dropping out of the presidential race has no doubt created a whole new layer of uncertainty in the market backdrop. Intere… [...]
The European 'GRANOLAS' stocks are reporting their second quarter earnings. Here's what our analysts made of the results [...]
Backed by strong GDP growth and a relatively calm geopolitical environment, India has witnessed one of the best recoveries and further growth relative… [...]
UPDATED for July 2024: Shorters have put Burberry in their crosshairs following the company's profit warning last week [...]
At WisdomTree, we work with Dr. Jamie Metzl on a strategy that we term the Biorevolution. We believe that we are on the precipice of a remarkable peri… [...]
Here's what to expect at mid-year earnings and beyond, now that "the higher interest rate bonanza is over" [...]
We just passed the 20th of July, 2024, and approximately 90 days have passed since the pivotal bitcoin halving event in April. As a reminder, when we … [...]
With rates rising to levels not seen since the early 2000s, we have left behind the zero-interest rate environment that has dominated the past 15 year… [...]
Welcome to the second installment of our new blog series, “Navigating Earnings Season.” In this series, I dive into the world of earnings reports from… [...]
A recent study on the top 10 most valuable brands in the world found Apple holding the number one position for the third consecutive year with a brand… [...]
