People at the See’s Candies display at the Berkshire Hathaway Shopping Day event, May 5, 2023. David A. Grogan | CNBC Berkshire Hathaway‘s annual shareholder meeting this weekend is kicking off with a shopping extravaganza. Called the “Berkshire Bazaar of Bargains,” the shopping event is a tradition at the yearly convention. With over 20,000 square…
Market Movers rounded up the best reactions from investors and analysts on Apple ‘s financial results. The experts, including Jim Cramer , discussed the tech giant. Apple’s shares popped more than 4% Friday, a day after the iPhone maker posted fiscal second-quarter earnings and revenue that beat expectations. Despite the beat, overall sales fell for…
Customers shop at an Apple store on November 28, 2022 in Chicago, Illinois. Scott Olson | Getty Images Check out the companies making headlines in midday trading. Carvana – The used car retailer saw shares surge 28% after the company said it expects to achieve positive adjusted profit during the second quarter of this year, which would…
Pedestrians walk passed signage at Cigna headquarters in Bloomfield, Connecticut. Michael Nagle | Bloomberg | Getty Images Check out the companies making the biggest moves premarket: Cigna — Cigna gained 3% in premarket trading after beating top- and bottom-line estimates for its latest quarter and raising its full-year forecast. Cigna’s results got a boost from…
Apple’s first physical retail store is located in the populous city of Mumbai. Punit Paranjpe | Afp | Getty Images Check out the companies making headlines in after hours trading. Apple — The tech giant added nearly 2% after an earnings beat. The company reported earnings of $1.52 per share on revenue of $94.84 billion…
Market Movers rounded up the best reactions from investors and analysts on Qualcomm ‘s second-quarter earnings . Jim Cramer and Odyssey Capital Advisors’ Jason Snipe discussed their concerns about phone chip sales, which fell 17% in the latest quarter. These worries weighed on the stock despite overall results that were in-line with estimates. The stock…
Recent events may be chipping away at confidence in the U.S. financial system, according to the findings of a Gallup survey. Nearly half of the 1,013 adults polled said they were “very worried” (19%) or “moderately worried” (29%) about the safety of the money they had tucked away in a bank or other financial institution,…
The Western Alliance Bancorporation logo is seen in this photo illustration on 13 March, 2023 in Warsaw, Poland. Jaap Arriens | Nurphoto | Getty Images Check out the companies making headlines in midday trading Thursday. Paramount Global — The media stock cratered more than 27% after the company slashed its dividend and reported earnings that…
[The stream is slated to start at 9:45 a.m. ET. Please refresh the page if you do not see a player above at that time.] European Central Bank President Christine Lagarde is due to give a press conference following the bank’s latest monetary policy decision. The ECB on Thursday confirmed expectations of a 25 basis point…
The Paramount logo is displayed at Columbia Square along Sunset Blvd in Hollywood, California on March 9, 2023. Patrick T. Fallon | AFP | Getty Images Check out the companies making headlines in premarket trading. Paramount Global – The media company slumped 10.4% after reporting quarterly profit and revenue that missed analyst forecasts, and slashing…
