Finance

Residential skyscraper buildings beyond luxury villas on the waterfront of the Palm Jumeirah in Dubai, United Arab Emirates, on Thursday, Jan. 19, 2023. Christopher Pike | Bloomberg | Getty Images A United Arab Emirates resident and Nigerian citizen was sentenced to 8 years in federal prison for orchestrating a multi-million dollar fraud scheme that victimized

The Tesla factory in Tilburg, Netherlands. Jasper Juinen | Bloomberg | Getty Images Check out the companies making headlines in extended trading. Netflix — The streaming giant’s shares tumbled more than 5% after posting its quarterly results Wednesday after hours. The company said it was too early to assess the effects of its crackdown on

A Carvana used car “vending machine” on May 11, 2022 in Miami, Florida. Joe Raedle | Getty Images Check out the companies making headlines in midday trading. Carvana — Shares soared nearly 30% after the used-car retailer reached a deal that will reduce its total outstanding debt by more than $1.2 billion. The agreement will

Workers load goods for export onto a crane at a port in Lianyungang, Jiangsu province, China June 7, 2019. Reuters BEIJING — China’s Commerce Ministry on Wednesday said non-economic factors were growing and interfering with the country’s foreign trade which was facing an “extremely severe” situation in the second half of this year. “Some countries’

In this article WAL JBHT OMC IBKR Follow your favorite stocksCREATE FREE ACCOUNT Western Alliance Bank’s logo is seen on a smartphone. Sopa Images | Lightrocket | Getty Images Check out the companies making headlines after hours. Interactive Brokers — Interactive Brokers slid 2.6% after the brokerage firm’s second-quarter earnings missed estimates. The firm reported

In this article BAC SCHW MS Follow your favorite stocksCREATE FREE ACCOUNT Pedestrians walk by a sign posted outside of a Charles Schwab office on April 17, 2023 in San Francisco, California. Justin Sullivan | Getty Images Check out the companies making headlines in midday trading. Morgan Stanley — Shares of the James Gorman-led bank

In this article MS Follow your favorite stocksCREATE FREE ACCOUNT CEO of Morgan Stanley James Gorman speaks in New York, May 6, 2014. Getty Images Morgan Stanley reported second-quarter earnings before the opening bell Tuesday. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:

In this article MSFT BRK.A ATVI Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett, chairman and CEO of Berkshire Hathaway, smiles as he plays bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Nebraska, May 5, 2019. Nati Harnik | AP Warren Buffett‘s Berkshire Hathaway dumped a significant portion of its stake in Activision

In this article STT ATVI APLS BBIO TSLA F Follow your favorite stocksCREATE FREE ACCOUNT The Ford F 150 Lightning electric truck John Tlumacki | Boston Globe | Getty Images Check out the companies making the biggest moves midday: Ford — Shares of the automaker fell 5.1% after the company said prices on its electric

In this photo illustration, a visual representation of the digital Cryptocurrency Ripple is displayed on January 30, 2018 in Paris, France.  Chesnot | Getty Images Blockchain startup Ripple is confident U.S. banks and other financial institutions in the country will start showing interest in adopting its XRP cryptocurrency in cross-border payments after a landmark ruling

Exchange-traded funds can still compete in today’s “stock picker’s” market, according to a top investor. “A lot of money is moving into active ETFs, because it provides the benefits that you have from active management [or] from stock picking … but also all the tax benefits and cost benefits that you have in an ETF,”

A pedestrian passes an AT&T store in New York, U.S. Scott Mlyn | CNBC Check out the companies making headlines in premarket trading. JPMorgan Chase — The bank stock climbed 2.7% after reporting better-than-expected earnings due to higher interest rates and strong bond trading from the investment bank side. The company reported an adjusted $4.37

In this article C BAC CTRN Follow your favorite stocksCREATE FREE ACCOUNT Since the company’s collapse during the 2008 recession, Citigroup’s stock has continuously struggled, with shares falling more than 30% over the past five years. In response, Jane Fraser, the CEO of Citigroup, announced a bold shift in company strategy, and it has exited

Investors may want to reduce international exposure right now and stick with the home court. According to Main Management CEO Kim Arthur, global markets will meaningfully struggle due to the softening greenback. “One of the highest predicting factors for [the] future performance of international stocks versus U.S stocks is what the U.S dollar does,” Arthur

In this article MSFT JBLU JPM UNH Follow your favorite stocksCREATE FREE ACCOUNT In this arranged photo, a UnitedHealth Group health insurance card is seen in a wallet in this picture illustration October 14, 2019. Lucy Nicholson | Reuters Check out the companies making headlines in midday trading. JPMorgan Chase — Shares fell slightly even

Changpeng Zhao, billionaire and chief executive officer of Binance Holdings Ltd., speaks during a session at the Web Summit in Lisbon, Portugal, on Wednesday, Nov. 2, 2022. Zed Jameson | Bloomberg | Getty Images Crypto exchange Binance is laying off employees in response to an ongoing Justice Department probe that is likely to end with

In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing titled Annual Oversight of the Nations Largest Banks, in Hart Building on Sept. 22, 2022. Tom Williams | CQ-Roll Call, Inc. | Getty Images JPMorgan Chase executives warned

In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT Jamie Dimon, chairman and CEO of JPMorgan Chase, at the U.S. Capitol for a lunch meeting with the New Democrat Coalition in Washington, D.C., June 6, 2023. Nathan Howard | Bloomberg | Getty Images JPMorgan Chase is scheduled to report second-quarter results before the opening

James Bullard, president and chief executive officer of the Federal Reserve Bank of St. Louis, delivers a speech in London, U.K., on Tuesday, Oct. 15, 2019. Luke MacGregor | Bloomberg | Getty Images The St. Louis Federal Reserve announced Thursday that Jim Bullard will step down from his post as president, effective Aug. 14. The

Amazon delivery package seen in front of a door. Sopa Images | Lightrocket | Getty Images Check out the companies making headlines in midday trading. Alphabet — The Google parent company added 4.4% after launching its large language model, Bard AI, in Brazil and the European Union. Cirrus Logic — The chipmaker fell more than