EverydayRead

Procter & Gamble earnings beat estimates, but weak demand in China hurts sales

Procter & Gamble on Friday reported weaker-than-expected revenue as lower demand in China again weighed on its sales.The company's organic sa...

Wednesday’s big CPI inflation report could mark a change in thinking for the Fed

Product prices as seen at Walmart. Courtesy: WalmartThe news Tuesday was good for inflation, and investors hope it will get even better Wedn...

Why a stock picking approach to small caps may boost performance right now

Stock picking may be the key to getting exposure to small caps.Rob Harvey, who's behind the Dimensional U.S. Small Cap ETF, uses an actively mana...

‘I have no money’: Thousands of Americans see their savings vanish in Synapse fintech crisis

Oscar Wong | Moment | Getty ImagesFor 15 years, former Texas schoolteacher Kayla Morris put every dollar she could save into a home for her growi...

Business

Disney earnings offer hope that streaming can successfully supplant linear TV

The Disney+ website on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022.Gabby Jones | Bloomberg | Getty Images...

Fed’s preferred inflation gauge rises to 2.3% annually, meeting expectations

Inflation edged higher in October as the Federal Reserve is looking for clues on how much it should lower interest rates, the Commerce Department...

Paramount special committee extends Skydance ‘go shop’ period as it reviews Bronfman offer

Edgar Bronfman, Jr.Cameron Costa | CNBCThe future of Paramount Global is still uncertain.Paramount's special committee on Wednesday said it would...

The Fed is finally cutting rates, but banks aren’t in the clear just yet

Federal Reserve Board Chairman Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interes...

Fed holds rates steady and notes progress on inflation

WASHINGTON – Federal Reserve officials on Wednesday held short-term interest rates steady but indicated that inflation is getting closer to its t...

Adobe stock slips on soft fourth-quarter revenue guidance

Adobe CEO Shantanu Narayen speaks during an interview with CNBC on the floor of the New York Stock Exchange on Feb. 20, 2024.Brendan Mcdermid | R...

E.l.f. Beauty sales jump 50% on gains in color cosmetics and skin care, launch of Bronzing Drops serum

E.l.f. Beauty's growth story is still going.The cosmetics retailer on Thursday blew past quarterly estimates again, posting a 50% gain in sales.&...

Earnings

Jim Cramer’s week ahead: Earnings from Nvidia, TJX and Walmart

CNBC's Jim Cramer on Friday highlighted the biggest events next week on Wall Street, pinpointing earnings reports from Nvidia, TJX and Walmart. A...

Workday stock slips on light quarterly forecast

EasyJet rakes in record $4.5 billion from fare add-ons as CEO slams ‘unfair’ penalty over practice

CrowdStrike’s post-earnings stock drop is a buy. Here’s why sellers have it all wrong

Latest

Jaguar reveals ‘Type 00’ concept car, first under controversial new brand identity

Image of Jaguar Type 00 concept vehicleJaguarFamed British carmaker Jaguar revealed its new vehicle design direction Monday night with the introd...

‘Small caps are going to become more in favor in 2025′: VettaFi’s research head doubles down on winning group

Small caps just had their first historic week in three years, and one exchange-traded fund expert predicts the group's record highs will help dri...

Fed’s preferred inflation gauge rises to 2.3% annually, meeting expectations

Inflation edged higher in October as the Federal Reserve is looking for clues on how much it should lower interest rates, the Commerce Department...

Dell shares fall on light forecast despite growing AI sales

Dell Technologies forecast fourth-quarter revenue and earnings below Wall Street expectations Tuesday, despite bullish commentary from the compan...

Trump voters could fuel holiday spending, while Harris supporters may pull back

A "Keep America Great" hat tops off a Christmas tree at a "Merry Christmas" rally hosted by President Donald Trump at the Kellogg Arena in Battle...

You’re ‘wired’ to overspend during the holidays, expert says — here’s what to do about it

Betsie Van Der Meer | Digitalvision | Getty ImagesThe holiday season is a time to give thanks, reflect on the past year, and spend time with fami...

India’s quarterly growth slumps to a near two-year low, well below expectations

Construction workers in Mumbai, India, on June 5, 2024. Bloomberg | Bloomberg | Getty ImagesIndia's economy expanded by just 5.4% in its sec...

Workday stock slips on light quarterly forecast

Workday CEO Carl Eschenbach walks to a morning session at the Allen & Company Sun Valley Conference in Sun Valley, Idaho, on July 14, 2023.Ke...

As retailers enter the holiday shopping season, the winners are pulling away from the pack

Shoppers outside a Target store ahead of Black Friday, in Clifton, New Jersey, Nov. 26, 2024.Victor J. Blue | Bloomberg | Getty ImagesAs the holi...

China plans to restrict exports of a critical metal. But the market isn’t that worried

Workers transporting soil containing rare earth elements for export at a port in Lianyungang, Jiangsu province, China, Oct. 31, 2010.Stringer | R...

These economists say artificial intelligence can narrow U.S. deficits by improving health care

Can artificial intelligence be so transformative as to solve one of the U.S. economy's biggest problems: its skyrocketing fiscal deficit? Accordi...

EasyJet rakes in record $4.5 billion from fare add-ons as CEO slams ‘unfair’ penalty over practice

EasyJet on Wednesday reported record revenue from charging passengers for flight add-ons such as extra baggage in the full year to October, as th...

Economy

Two key inflation reports this week will help decide the size of the Fed’s interest rate cut

People shop at a store in Brooklyn on August 14, 2024 in New York City. Spencer Platt | Getty ImagesThe Federal Reserve gets its last look t...

Fed’s preferred inflation gauge rises to 2.3% annually, meeting expectations

Inflation edged higher in October as the Federal Reserve is looking for clues on how much it should lower interest rates, the Commerce Department...

India’s quarterly growth slumps to a near two-year low, well below expectations

Construction workers in Mumbai, India, on June 5, 2024. Bloomberg | Bloomberg | Getty ImagesIndia's economy expanded by just 5.4% in its sec...

These economists say artificial intelligence can narrow U.S. deficits by improving health care

Can artificial intelligence be so transformative as to solve one of the U.S. economy's biggest problems: its skyrocketing fiscal deficit? Accordi...

Trump’s proposed tariff increases would boost inflation by nearly 1%, Goldman Sachs estimates

President-elect Donald Trump speaks at the U.S.-Mexico border on August 22, 2024 south of Sierra Vista, Arizona. Rebecca Noble | Getty Image...

Finance

Bitcoin vs. gold: State Street worries the crypto rally’s a...

Admin—November 24, 2024 0

The bitcoin rally is generating a false sense of security among investors, according to the strategist behind the so-called granddaddy of gold ex...

Top 10 S&P 500 stock winners since Election Day

November 23, 2024

U.S. ‘industrial renaissance’ is fueling a rebound in fundraising, Apollo CEO Marc Rowan says

November 21, 2024

Visa and Mastercard execs grilled by senators on ‘duopoly,’ high swipe fees

November 20, 2024

Earnings

Palo Alto Networks beat and raise fails to wow Wall Street. But t...

Admin—November 24, 2024 0

Don't sweat the drop in Palo Alto Networks stock, which came despite a solid beat and raise after Wednesday's closing bell. The cybersecurity com...

Intuit shares drop as quarterly forecast misses estimates due to delayed revenue

November 22, 2024

Nvidia’s earnings cleared our lofty bar. Here’s our new price target on the AI chip king

November 21, 2024

Wall Street analysts tout our 2 cybersecurity stocks ahead of quarterly earnings

November 20, 2024

Economy

Donald Trump chooses hedge fund executive Scott Bessent for Treas...

Admin—November 24, 2024 0

Scott Bessent, founder and chief executive officer of Key Square Group LP, during an interview in Washington, DC, US, on Friday, June 7, 2024.Ste...

Trump and Fed Chair Powell could be set on a collision course over interest rates

November 22, 2024

Here’s where the jobs are for October 2024 – in one chart

November 21, 2024

Top Wall Street execs are getting skeptical on the Fed’s easing path

November 20, 2024