Epoxydude | Fstop | Getty Images A Consumer Financial Protection Bureau regulation that promised to save Americans billions of dollars in late fees on credit cards faces a last-ditch effort to stave off its implementation. Led by the U.S. Chamber of Commerce, the card industry in March sued the CFPB in federal court to prevent…

[The stream is slated to start at 7:30 a.m. ET. Please refresh the page if you do not see a player above at that time.] Bank of England Governor Andrew Bailey is speaking at a press conference following the U.K. central bank’s latest monetary policy decision. Subscribe to CNBC on YouTube.  Source: www.cnbc.com

A logo outside the Banco Sabadell SA offices at the Banc Sabadell Tower in Barcelona, Spain, on Wednesday, May 1, 2024. Bloomberg | Bloomberg | Getty Images Spanish bank BBVA caught markets by surprise on Thursday after it announced a rare hostile takeover bid for domestic rival Banco Sabadell, with one investment firm describing the…

A key is seen in front of a computer screen displaying the Airbnb logo in Ankara, Turkey, on Nov. 22, 2023. Dilara Irem Sancar | Anadolu | Getty Images Check out the companies making headlines in extended trading: Airbnb — The hoteling company issued disappointing forward guidance, dragging shares down 8%. Airbnb said second-quarter revenue…

Spencer Platt | Getty Images Shares of Robinhood rose in extended trading Thursday afternoon after the retail brokerage announced stronger-than-expected first-quarter results. Robinhood reported 18 cents in earnings per share on $618 million of revenue. Analysts surveyed by LSEG were expecting the company to earn just 6 cents per share on $549 million in revenue.…

Employees of HD Hyundai Marine Solution Co., during the company’s listing ceremony at the Korea Exchange in Seoul, South Korea, on Wednesday, May 8, 2024. HD Hyundai Marine, a ship repair company, jumped as much as 45% in its South Korea trading debut after a 742.3 billion won ($547 million) initial public offering that was…

Check out the companies making headlines in after-hour trading. Reddit — The social media stock popped nearly 18% on the back of a better-than-expected quarterly earnings in its first report since the company’s IPO in March. Reddit saw a faster rate of advertising revenue growth than its top competitors. Reddit posted $243 million in revenue,…

Altimeter Capital Chair and CEO Brad Gerstner said he has taken some chips off the table after this year’s strong run in technology stocks, but he is still bullish on the names that are reaccelerating because of artificial intelligence. “All of these stocks are up a lot just to start this year and the backdrop has…

Check out the companies making headlines in midday trading: Walt Disney — The entertainment giant sank 10% after posting fiscal second-quarter results . Walt Disney reported adjusted earnings that beat estimates and posted strong Disney+ subscriber growth but slightly missed revenue estimates. The company also said it expects a loss within its direct-to-consumer entertainment business…

Billionaire investor Stanley Druckenmiller revealed Tuesday that he has slashed his big bet in chipmaker Nvidia earlier this year, saying the swift artificial intelligence boom could be overdone in the short run. “We did cut that and a lot of other positions in late March. I just need a break. We’ve had a hell of a…