Stocks fell sharply as investors worried that the latest increase in coronavirus infections could halt the global economic recovery.
Kategorie-Archiv: CNBC Financial News
Bed Bath & Beyond targets ’stable‘ sales growth in 2021, low-to-mid single-digit gains by 2023
Bed Bath & Beyond, ahead of its annual meeting with investors Wednesday, laid out a three-year road map and offered fresh financial targets.
Boeing to cut thousands of additional jobs as it prepares for long air travel slump in pandemic
Boeing reported another rough quarter as it faces weak jetliner demand, the continued grounding of its 737 Max and the coronavirus pandemic
Microsoft dips on weak revenue guidance
Microsoft beat across the board but fell short on revenue guidance as it predicted enduring challenges on selling Windows for business use.
GE shares jump after company posts surprise adjusted third-quarter profit, revenue tops expectations
Here are GE’s results for the third quarter of 2020.
Looks like a ‘double top’ in the S&P 500, investor Mark Mobius warns
The S&P 500 is forming a „double top“ going into the U.S. election, which is a worrying sign for investors, according to veteran investor Mark Mobius.
JPMorgan creates new unit for blockchain projects, says the technology is close to making money
The move by JPMorgan could boost the broader blockchain and cryptocurrency industries, whose proponents believe mainstream adoption is nearing.
Robinhood co-CEO says young traders see market downturns as buying opportunities for the long term
Robinhood co-founder and co-CEO Vlad Tenev told CNBC the company is „not in a rush“ to go public.
Millions poised to lose unemployment benefits in ‚enormous cliff‘ at year’s end
Federal programs enacted by the CARES Act coronavirus relief law to help unemployed workers are ending after Dec. 31. Lapsing benefits will directly impact millions of people.
Stocks making the biggest moves in the premarket: Xilinx, Merck, Caterpillar, 3M & more
The stocks making the biggest moves in premarket trading include Xilinx, Merck, Caterpillar, 3M, and more.