A Tough Week For Growth Stocks
A look at some high growth stocks that aren’t part of FAANG.
Cramer’s lightning round: Fluor is not a buy
Loading chart… Fluor Corp: “Under no circumstance do you want to buy Fluor. That business is way too hard.” Loading chart… Plains All American Pipeline LP: “I’d rather do Enterprise Products Partners or Oneok, but I have to admit, Plains is making a comeback.” Loading chart… Transocean Ltd: “They can be okay.” Loading chart… Tilray…
PepsiCo raises revenue outlook as earnings beat estimates despite higher costs
In this article PEP In this photo illustration PepsiCo products are shown on October 05, 2021 in Chicago, Illinois. Scott Olson | Getty Images PepsiCo on Tuesday reported quarterly earnings and revenue that topped analyst expectations, as consumers paid more for their Doritos, Quaker oatmeal and Gatorade. On the heels of its strong performance, the company raised…
Stock futures are mixed as investors consider Tuesday’s sharp losses, earnings reports
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, April 14, 2022. Brendan McDermid | Reuters Nasdaq 100 futures fell on Tuesday night after the major averages continued their April sell-off amid concerns of an economic slowdown. Dow Jones Industrial Average futures fell 18 points, or 0.1%. S&P…
How Elon Musk’s takeover of Twitter could impact its 7,000-plus employees
The future is uncertain for Twitter employees after the board accepted a $44 billion offer from Tesla CEO Elon Musk to buy the popular social media platform and take it private on Monday. “Once the deal closes, we don’t know which direction the platform will go,” Twitter CEO Parag Agrawal told employees during a company-wide…
Finally heading back to the office? How to buy new work clothes on a budget
Alxeypnferov | Istock | Getty Images As more people head back to the office, they may not be able to rely anymore on their work wardrobe from more than two years ago. Their tastes or size may have changed during the pandemic, or their company might have amended expectations around professional attire. Restocking your closet…
Why employers may not be so quick to jump on the 401(k) bitcoin bandwagon
Westend61 | Westend61 | Getty Images Fidelity Investments is offering bitcoin to 401(k) investors. But before retirement savers get access, employers must give the green light — and that’s often much more complicated than it sounds. Fidelity administered almost $2.9 trillion of 401(k) and other workplace retirement plan assets (representing over a quarter of the…
At least 58% of U.S. population has natural antibodies from previous Covid infection, CDC says
Blood drawn by a registered nurse for an antibody test for the coronavirus, June 16, 2020 in Washington, DC. Win McNamee | Getty Images Three out of every five people in the U.S. now have antibodies from a previous Covid-19 infection with the proportion even higher among children, demonstrating how widespread the virus was during…
Warner Bros. Discovery shares fall as company warns on 2022 profit, messy combination of assets
In this article WBD David Zaslav Anjali Sundaram | CNBC Warner Bros. Discovery reported a 13% revenue jump and consistent streaming subscriber growth for its fiscal first quarter Tuesday. The results don’t include first-quarter performance from WarnerMedia, which Discovery bought this month. The company reported revenue of $3.16 billion and net income of $456 million. Shares…
Stocks making the biggest moves midday: General Electric, Warner Bros. Discovery, UPS, 3M and more
In this article SHW GE WM WBD SEAS A General Electric (GE) sign is seen at the second China International Import Expo (CIIE) in Shanghai, China November 6, 2019. Aly Song | Reuters Check out the companies making headlines in midday trading. General Electric — Shares slid more than 11% despite the industrial company reporting…
Why Elon Musk has Jack Dorsey’s ‘trust’ to run Twitter—a look back at their friendship
If Twitter is now Elon Musk’s world, it seems Jack Dorsey is ready to live in it. On Monday – after weeks of back and forth between the richest man in the world and Twitter’s board – Musk bought the company at $54.20 per share, a deal valued at $44 billion. That same day, Twitter…
These 10 colleges are giving out the most financial aid this year
At the country’s top colleges, the most recent application season was the most competitive on record, but getting accepted at several schools may have been the easy part for students. Now they now have less than one week to decide on which school they’ll attend ahead of National Decision Day on May 1, the deadline…