Tag: Breaking News: Markets

We’re hiking our price target on an industrial whose earnings benefit from AI data center boom

Electrical components and power systems company Eaton delivered mixed third-quarter results Thursday morning, and its stock paid the price. Revenue increased over 8%...

Oil giant Shell posts $6 billion profit beat, launches new share buyback program

The Shell logo is displayed outside a petrol station in Radstock in Somerset, England, on Feb. 17, 2024.Matt Cardy | Getty Images News...

Beaten-up Nextracker provides investors a reason to believe. But timing is key here

Shares of troubled Nextracker jumped Thursday, the morning after delivering strong quarterly results and increases to the solar company's full-year profitability outlook and...

Starbucks CEO pledges to fundamentally change strategy as sales fall for third straight quarter

Brian Niccol speaking on CNBC's "Squawk Box" on Oct. 30, 2018.Anjali Sundaram | CNBCStarbucks on Wednesday reported quarterly earnings and revenue that missed...

New Starbucks CEO shares more details on his turnaround plan. We like what we heard

Returning soon to a Starbucks near you: Ceramic mugs, Sharpies on cups and the condiment bar to add your own cream and sugar....

Sovereign debt is the biggest risk to global growth in 2025, Saudi finance minister says

RIYADH — National debt is a major threat to markets in the near future, Saudi Arabia's finance minister said, expressing particular concern over...

Jack Dorsey’s payments company Block expands corporate card service to the UK

Marco Bello | AFP | Getty ImagesLONDON — Block, the payments company owned by tech billionaire Jack Dorsey has launched its corporate card service...

Meta’s stock drop tells the wrong story on earnings — so, we’re boosting our price target

Don't let the after-hours stock action fool you, Meta Platforms delivered one heck of a strong third quarter and a current quarter revenue...

We reiterate our 1 rating on Microsoft despite its softer guidance — here’s why

Microsoft reported better-than-expected quarterly results Thursday, led by strong growth in its cloud-computing business — but soft guidance pressured shares in after-hours trading....

Coinbase shares fall as muted crypto trading leads to a third-quarter miss

Monitors display Coinbase signage during the company's initial public offering (IPO) at the Nasdaq MarketSite in New York, on Wednesday, April 14, 2021.Michael...

United Airlines raises spending requirements to earn frequent flyer status

A United Airlines Boeing 757 departs from Los Angeles International Airport en route to New York on Sept. 19, 2024.Kevin Carter | Getty...

Eli Lilly’s quarter was messy. What to do with the stock is more clear-cut

Eli Lilly shares fell Wednesday after the diabetes-and-obesity drug giant posted disappointing third-quarter results and lowered its full-year sales guidance. The report was...

Ray Dalio concerned about America postelection: ‘Both candidates worry me’

Ray Dalio speaking with CNBC at the Future Investment Initiative in Riyadh, Saudi Arabia, on Oct. 30, 2024.CNBCA postelection America worries U.S. billionaire Ray...

We’re hiking our GEHC price target, looking beyond a mixed quarter to next year’s catalysts

GE Healthcare reported a mixed quarter before Wednesday's opening bell. While revenue slightly missed, an earnings beat along with a number of other...

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Tag: Breaking News: Markets

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