Finance

In this article TWTR SHOP-CA Elon Musk twitter account is seen through Twitter logo in this illustration taken, April 25, 2022.  Dado Ruvic | Reuters Check out the companies making headlines in midday trading Thursday: EPAM Systems — Shares jumped 10% after the computer software company posted better-than-expected results for the previous quarter. EPAM reported

In this article W SHOP-CA KTB SEAS TWTR SAVE Check out the companies making headlines before the bell: Twitter (TWTR) – Twitter rose 1.5% in premarket action after Elon Musk detailed $7.2 billion in financing commitments for his deal to buy the company. An SEC filing shows Oracle co-founder Larry Ellison and investor Ron Baron

In this article SBUX AAPL 9987-HK EL DD Factories in China affected by Covid lockdowns can conditionally resume work, by housing workers on-site. Pictured here is an auto parts manufacturer in Suzhou that has had 478 employees on site since April 16. CFOTO | Future Publishing | Getty Images BEIJING — Several international corporations warned

The Federal Reserve on Wednesday raised its benchmark interest rate by half a percentage point as the most aggressive step yet in its battle against generational highs in inflation. Along with the move higher in rates, the central bank indicated it will begin reducing asset holdings on its $9 trillion balance sheet. The Fed had

In this article MRNA UBER EAT GNRC TUP LYFT Check out the companies making headlines before the bell: Uber (UBER) – Uber fell 1% in premarket trading after it reported a quarterly loss and revenue that beat estimates. Uber saw ride volumes increase during the quarter while food deliveries also continued to grow. Brinker International

The LIC logo looms above a couple of passersby in Mumbai in India last week. The IPO of the biggest payer in life insurance in the country is expected to fetch $2.7 billion in the country’s biggest IPO so far. Punit Paranjpe | Afp | Getty Images The dominant player in India’s life insurance market,

In this article CHGG DVN JPM BP.-GB PARA James Tahaney loads textbooks on to a pallet in preparation for shipping at the Chegg warehouse in Shepherdsville, Kentucky, April 29, 2010. John Sommers II | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Paramount Global – Shares fell 1.7% after the

Paul Tudor Jones speaking at the World Economic Forum in Davos, Switzerland, January 21, 2020. Adam Galica | CNBC Billionaire hedge fund manager Paul Tudor Jones said the environment for investors is worse than ever as the Federal Reserve is raising interest rates when financial conditions have already become increasingly tight. “You can’t think of a

In this article BABA Alibaba headquarters in Hangzhou, China. Bloomberg | Bloomberg | Getty Images Alibaba’s Hong Kong-listed shares were about 1% lower Tuesday — after earlier falling more than 9% —following unconfirmed rumors that linked the company’s founder Jack Ma to a national security investigation. Chinese state media reported earlier in the morning that

Jerome Powell, Chairman of the U.S. Federal Reserve, attends the National Association of Business Economicseconomic policy conference in Washington, D.C, United States on March 21, 2022. Yasin Ozturk | Anadolu Agency | Getty Images The Federal Reserve is tasked with slowing the U.S. economy enough to control inflation but not so much that it tips

Take a look at some of the biggest movers in the premarket: Activision Blizzard (ATVI) – Activision shares jumped 2.7% in premarket trading after Warren Buffett told the Berkshire annual meeting that the company had increased its stake in the videogame maker. Bilibili (BILI) – The China-based online gaming company’s stock slid 4.2% in the

Traders work on the floor of the New York Stock Exchange.  NYSE U.S. stock index futures were flat during overnight trading Sunday after the Nasdaq Composite Index posted its worst month since 2008, pressured by rising rates, rampant inflation, and underwhelming earnings from some of the largest technology companies. Futures contracts tied to the Dow

In this article BRK.A CVX Warren Buffett and Becky Quick at the Berkshire Hathaway Annual Shareholder Meeting in Omaha, Nebraska, April 29, 2022. David A. Grogan | CNBC Berkshire Hathaway added to its Chevron bet significantly during the first quarter, making the energy stock the conglomerate’s fourth biggest equity holding. The “Oracle of Omaha’s” Chevron

In this article BRK.A Inflation has been one of the hot topics for markets this year, and rising prices are impacting portfolio companies for Berkshire Hathaway in different ways. In March, the Federal Reserve’s preferred inflation gauge rose 5.2%, and the central bank is starting to raise interest rates, trying to thread the needle between

In this article BRK.A BTC.CM= Bitcoin has steadily been gaining acceptance from the traditional finance and investment world in recent years but Warren Buffett is sticking to his skeptical stance on bitcoin. He said at the Berkshire Hathaway Annual Shareholder meeting Saturday that it’s not a productive asset and it doesn’t produce anything tangible. Despite

In this article HOOD BRK.A People wait in line for t-shirts at a pop-up kiosk for the online brokerage Robinhood along Wall Street after the company went public with an IPO earlier in the day on July 29, 2021 in New York City. Spencer Platt | Getty Images News | Getty Images Berkshire Hathaway Vice

Warren Buffett at Berkshire Hathaway’s annual meeting in Los Angeles California. May 1, 2021. Gerard Miller | CNBC Warren Buffett is set to kick off Berkshire Hathaway‘s annual shareholder meeting Saturday on a high note, with the “Oracle of Omaha” finally back in the deal-making game and the conglomerate’s outperforming stock crossing a key milestone. With tens

In this article BRK.A Berkshire Hathaway Annual Shareholder Meeting signage in Omaha, Nebraska, April 29, 2022. David A. Grogan | CNBC Berkshire Hathaway shareholder meeting’s pregame is nothing short of an extravaganza. Thousands of Berkshire shareholders flocked to Omaha, Nebraska this weekend for the annual meeting Saturday. Before hearing from Warren Buffett and Charlie Munger,

In this article VRSN AMZN MHK ABBV CL TSLA A contractor working for Amazon.com cleans a delivery truck in Richmond, California, U.S., on Tuesday, Oct. 13, 2020. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Amazon — Shares of the e-commerce company slumped 13% after issuing

Russian is one of five nations that hold a veto power on the U.N’s Security Council. Carlo Allegri | Reuters The United Nations deputy secretary-general has told CNBC there will be “lessons learned” from the war in Ukraine. Speaking Wednesday after the release of the U.N’s “2022 Financing for Sustainable Development Report,” Amina Mohammed said