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Tag: Markets

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...

Chinese smartphone company Honor gets new investors as it gears up for IPO

Chinese smartphone company Honor has released devices that fold up to be nearly as thin as an iPhone.Nurphoto | Nurphoto | Getty ImagesBEIJING...

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...

Sigh of relief for UK tech founders as Labour hikes capital gains tax by less than feared

On Monday, British tech lobby group Startup Coalition warned in a blog post that there was a risk Reeves' tax plans could result...

Airbus delivers first extra-long-range Airbus A321 as smaller jets fly farther

An Airbus A321XLR Neo passenger aircraft performs a flying display at the Paris Air Show in Le Bourget, Paris, France, on Monday, June...

Private job creation totaled a stunning 233,000 in October, far more than expected, ADP says

Private job creation burst to its highest level in more than a year during October, despite a devastating storm season in the Southeast...

Chipotle misses revenue estimates as same-store sales growth disappoints

A customer holds a bag of food outside of a Chipotle restaurant in New York on Jan. 12, 2024.Angus Mordant | Bloomberg |...

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