Stocks making the biggest moves after hours: Chipotle, Enphase Energy, Fortinet and more

A Chipotle restaurant in Miami, Florida. Joe Raedle | Getty Images News | Getty Images Check out the companies making headlines after hours. Chipotle Mexican Grill — Shares fell more than 4% in extended trading after Chipotle Mexican Grill missed analysts’ expectations on the top and bottom lines. The burrito chain reported earnings of $8.29 … Read more

Stocks making the biggest moves premarket: Chegg, Baidu, Bed Bath & Beyond, Hertz and more

A screen displays the Hertz logo during the Hertz Corporation IPO at the Nasdaq Market site in Times Square in New York, November 9, 2021. Brendan McDermid | Reuters Check out the companies making headlines before the bell: Chegg — Shares dropped 22.7% following its earnings report Monday . The company gave first-quarter and full-year … Read more

Stocks making the biggest moves premarket: Tyson Foods, PayPal, Children’s Place and more

Tyson food meat products are shown in this photo illustration in Encinitas, California. Mike Blake | Reuters Check out the companies making headlines in premarket trading. Tyson Foods – Shares of the food processing giant suffered a 6% drop in premarket trading after the company reported weaker-than-expected results for the first quarter. Earnings came in … Read more

Ford’s CEO needs to deliver by next quarter, or we’re moving on from the stock

Ford Motor (F) CEO Jim Farley on Friday said the automakers’ messy fourth quarter was a function of its transition to a new business structure that limited production capacity, combined with poor execution. But we remain disappointed in the results, and need to see an increase in profitability to stick with the stock after the … Read more

Stocks making the biggest moves midday: Amazon, Alphabet, Apple, Nordstrom, Ford and more

Workers load packages into Amazon Rivian Electric trucks at an Amazon facility in Poway, California, November 16, 2022. Sandy Huffaker | Reuters Check out the companies making headlines in midday trading. Amazon – The e-commerce giant’s stock tumbled 4% despite a revenue beat. Late Thursday, Amazon issued weaker-than-expected guidance for the current period. The company … Read more

Payrolls increased by 517,000 in January, crushing estimates, as unemployment rate hit 53-year low

The employment picture started off 2023 on a stunningly strong note, with nonfarm payrolls posting their strongest gain since July 2022. Nonfarm payrolls increased by 517,000 for January, above the Dow Jones estimate of 187,000 and December’s gain of 260,000. The unemployment rate fell to 3.4% versus the estimate for 3.6%. That is the lowest … Read more

Treasury yields leap after much hotter jobs report than expected

U.S. Treasury yields rose Friday after jobs data came in much better than expected. The 10-year Treasury yield was up about 11 basis points at 3.512%. The 2-year Treasury was up around 16 basis point to 4.253%. Yields and prices move in opposite directions and one basis point equals 0.01%. Nonfarm payrolls increased by 517,000 … Read more

Stocks making the biggest moves midday: Meta, Align Technology, Coinbase, Eli Lilly and more

The Commission took issue with Meta’s pairing of Facebook Marketplace with its personal social network. Budrul Chukrut | SOPA Images | Lightrocket | Getty Images Check out the companies making headlines in midday trading. Meta — The tech giant’s shares jumped 23.28%, marking its strongest day in nearly a decade. Late Wednesday, Meta reported revenue … Read more

Ford is set to report results after the bell. Here’s what Wall Street expects

Ford CEO Jim Farley takes off his mask at the Ford Built for America event at Fords Dearborn Truck Plant on September 17, 2020 in Dearborn, Michigan. Nic Antaya | Getty Images DETROIT – Ford Motor is set to report its fourth-quarter earnings after the bell Thursday. Here’s what Wall Street is expecting, according to … Read more

Charlie Munger says the U.S. should follow in China’s footsteps and ban cryptocurrencies

Charlie Munger at the Berkshire Hathaway press conference, April 30, 2022. CNBC Berkshire Hathaway Vice Chairman Charlie Munger urged the U.S. government to ban cryptocurrencies, as China has done, arguing that a lack of regulation enabled wretched excess and a gambling mentality. “A cryptocurrency is not a currency, not a commodity, and not a security,” the 99-year-old … Read more

Jim Cramer’s Investing Club meeting Thursday: Meta, Eli Lilly, Estee Lauder

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. Don’t sell Meta Look past Eli Lilly’s tough quarter Chance to buy Estee Lauder 1. Don’t sell Meta Shares of Meta Platforms (META) soared more than 25% Thursday morning, to … Read more

European Central Bank raises rates by 50 basis points, pledges further hike in March

Christine Lagarde, president of the European Central Bank speaks at an event. Bloomberg | Bloomberg | Getty Images The European Central Bank on Thursday confirmed expectations of a 50 basis point interest rate increase, taking its key rate to 2.5%. In a statement, it pledged to “stay the course in raising interest rates significantly at … Read more

Bank of England hikes rates by 50 basis points, now sees ‘much shallower’ recession than feared

A passageway near the Bank of England (BOE) in the City of London, U.K., on Thursday, March 18, 2021. Hollie Adams | Bloomberg | Getty Images LONDON — The Bank of England on Thursday hiked interest rates by 50 basis points and dialed back some of its previous bleak economic forecasts. The Monetary Policy Committee … Read more

Bond king Jeffrey Gundlach says he expects one more Fed rate hike

DoubleLine Capital CEO Jeffrey Gundlach said he sees one additional rate hike from the Federal Reserve before the central bank ends its tightening cycle. “I think one more,” Gundlach said Wednesday on CNBC’s “Closing Bell: Overtime.” “I think it’s tough to make the statement ‘ongoing increases’ with an ‘s’ at the end of the word … Read more

Stocks making the biggest moves after hours: Meta, Align Technology, e.l.f Beauty and more

Rafael Henrique | Sopa Images | Lightrocket | Getty Images Check out the companies making headlines in after-hour trading. Meta — The Facebook parent jumped 17% after the company announced a $40 billion stock buyback when reporting quarterly results. Meta beat analysts’ estimates for fourth-quarter revenue, according to Refinitiv. Meta also said it lost $13.7 … Read more

Here’s what changed in the new Fed statement

This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting on Dec. 14. Text removed from the December statement is in red with a horizontal line through the middle. Text appearing for the first time in the new statement is in red and underlined. Black text appears … Read more

Robots could surpass workers at Amazon by 2030, Cathie Wood says

Cathie Wood, chief executive officer and chief investment officer, Ark Invest, gestures as she speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 7, 2022 in Miami, Florida. Marco Bello | Getty Images The growth of automation in the workplace will accelerate this decade, with robot workers possibly surpassing human employees … Read more

Stocks making the biggest premarket moves: Peloton, Snap, AMD, Electronic Arts & more

Peloton got a jolt from a better-than-expected quarterly revenue. Foot Locker rose after a Credit Suisse upgrade. Source link

Stocks making the biggest moves after hours: Snap, Electronic Arts, Advanced Micro Devices and more

Snapchat logo displayed on a phone screen is seen with a laptop in the background in this illustration photo taken in Krakow, Poland on August 10, 2022. Jakub Porzycki | Nurphoto | Getty Images Check out the companies making headlines in after hours trading. Snap – Shares of social media company Snap sank 14% after … Read more

Jim Cramer’s Investing Club meeting Tuesday: Caterpillar, J&J, Humana

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. Opportunity to buy Caterpillar Confident in decision to buy Johnson & Johnson Why buy ahead of an overhang? 1. Opportunity to buy Caterpillar Shares of Caterpillar (CAT) were down 4.2% … Read more

Stocks making the biggest moves premarket: McDonald’s, UPS, General Motors and more

Nathan Stirk | Getty Images News | Getty Images Check out the companies making headlines before the bell. McDonald’s — Shares dipped more than 1% after McDonald’s reported its latest quarterly results. The fast food giant topped earnings and revenue estimates, saying customers are increasingly visiting its restaurants. Still, McDonald’s CEO Chris Kempczinski said he … Read more

Ford’s EV price cuts could pressure profitability, a headwind the automaker needs to address

Ford Motor (F) confirmed Monday what Jim Cramer has been speculating for weeks: Price cuts on its electric vehicles following similar moves by Tesla (TSLA). While engaging in this price war was necessary for Ford to stay competitive and maintain customer demand, we’re concerned about the dent the Club holding faces in profitability. Ford will … Read more

Jim Cramer’s Investing Club meeting Monday: Dow stocks, Fed, Ford

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. Stick to Dow stocks Watch wage inflation Monitor Ford price cuts 1. Stick to Dow stocks The S & P 500 and Nasdaq Composite fell on Monday ahead of a … Read more

Stocks making the biggest premarket moves: Colgate-Palmolive, Kohl’s, Boot Barn and more

The Kohl’s logo is displayed on the exterior of a Kohl’s store on January 24, 2022 in San Rafael, California. Justin Sullivan | Getty Images Check out the companies making the biggest moves in premarket trading: Colgate-Palmolive — The maker of household and personal care products saw shares add more than 1% premarket after Morgan … Read more