A view of the Norwegian Encore cruise ship during its inaugural sailing from PortMiami, which took place from Nov. 21-24, 2019. Orlando Sentinel | Tribune News Service | Getty Images Check out the companies making headlines in midday trading. Norwegian Cruise Line — Shares sank nearly 12% on Tuesday after the company reported second-quarter results … Read more
Investors switch their focus to inflation in the week ahead, after July’s strong jobs report signaled the Federal Reserve may need to take an even tougher stance with interest rate hikes. It could also be a week in which investors watch to see if rising Treasury yields start to slow the technology sector’s summer rally. … Read more
A woman walks by an AT&T store in Washington DC Ting Shen | Xinhua News Agency | Getty Images Check out the companies making headlines in midday trading. Danaher – Shares of the medical conglomerate jumped more than 8% after the company reported better-than-expected earnings and revenue for its most recent quarter, citing higher sales … Read more
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, July 19, 2022. Brendan Mcdermid | Reuters Here are the most important news items that investors need to start their trading day: 1. Stocks slip up Equities futures fell Wednesday morning after a strong close Tuesday for the … Read more
NEW YORK, US – JULY 10: An aerial view of the cruise ship “Norwegian Joy” sails up the Hudson River in front of the Manhattan skyline as the sun sets in New York City, United States on July 10, 2022. Lokman Vural Elibol | Anadolu Agency | Getty Images Shares of cruise lines including Carnival, … Read more
IBM CEO Arvind Krishna appears at a panel session at the World Economic Forum in Davos, Switzerland, on May 24, 2022. Hollie Adams | Bloomberg | Getty Images Check out the companies making headlines in midday trading Tuesday. IBM – Shares of IBM slipped 6.6% after the tech company warned of a potential $ 3.5 … Read more
Uber Eats delivery Jonathan Raa | NurPhoto via Getty Images Check out the companies making headlines in midday trading. Uber, DoorDash – Shares of Uber slumped 4.6% and DoorDash fell 9% on news that Amazon agreed to take a stake in Grubhub in a deal that will give Prime subscribers a one-year membership to the … Read more
US stocks opened sharply lower on Thursday following the release of closelywatched inflation data, while Wall Street was headed for its worst first half of the year in more than 50 years. How are stock-index futures trading? The S&P 500 dropped 72 points, or 1.9%, to 3,746. The Dow Jones Industrial Average fell 509 points, … Read more
With weeks of relentless selling finally starting to break in the market, we searched for stocks that may be overdue for a short-term pop. Traders typically find stocks that may be “oversold” by looking at their current price versus the average price of the last 200 days. Using that metric, CNBC PRO screened for the … Read more
The JP Morgan Chase & Co. headquarters, The JP Morgan Chase Tower in Park Avenue, Midtown, Manhattan, New York. Tim Clayton – Corbis | Corbis Sport | Getty Images Check out the companies making headlines in midday trading. JPMorgan Chase – Shares fell 3.5% as JPMorgan Chase reported a $ 524 million hit from market … Read more