Finance

Stocks making the biggest moves after hours: Chegg, Beyond Meat, Paramount Global, Celanese and more

Beyond Meat’s Cookout Classic value pack. Beyond Meat Check out the companies making headlines in after-hours trading. Chegg — Shares soared more than 25% after the educational tech company posted quarterly results. Chegg notched second-quarter revenue of $183 million, while analysts polled by Refinitiv had expected $177 million. Hims & Hers Health — Stock in…

Finance

Berkshire Hathaway rises as investors cheer strong earnings and Buffett’s near-record cash stockpile

Warren Buffett, Berkshire Hathaway CEO and chairman. Cnbc | Nbcuniversal | Getty Images Berkshire Hathaway shares climbed Monday following a strong quarterly report that showed a rebound in insurance operations as well as a massive cash hoard that swelled to nearly $150 billion. Class B shares of Warren Buffett‘s conglomerate rose 1.6% in premarket trading, on track…

Finance

Berkshire Hathaway’s operating earnings rise nearly 7%, cash pile approaches $150 billion

Warren Buffett tours the grounds at the Berkshire Hathaway Annual Shareholders Meeting in Omaha Nebraska. David A. Grogan | CNBC Berkshire Hathaway on Saturday reported a solid increase in second-quarter operating earnings, while the cash hoard at Warren Buffett‘s conglomerate swelled to nearly $150 billion. The Omaha-based giant’s operating earnings — which encompass profits made from…

Finance

Amazon stock jumps 8% after biggest profit beat since 2020. How the pros are playing it

Market Movers rounded up the best reactions to Amazon from investors and analysts. The pros discussed the e-commerce giant after second-quarter revenue and earnings both topped analysts’ estimates. Amazon stock jumped 8.3% Friday. After the closing bell Thursday, Amazon reported earnings of 65 cents per share and revenue of $134.4 billion . Refinitiv’s estimates called…