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David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galacia | CNBC Goldman Sachs CEO David Solomon and JPMorgan CEO Jamie Dimon both expect a U.S. recession as a tight labor market keeps the Federal Reserve on an aggressive monetary policy tightening trajectory. Speaking on a…
Ascentxmedia | E+ | Getty Images Add this to the list of challenging questions for retirement savers: Should I contribute to a pre-tax or Roth account? You may not know if you made a wise choice until decades have passed. Fortunately, there are some key factors to help make the decision easier, and situations in…
Fanatics bought Mitchell & Ness in February of 2022. Source: Fanatics Some of the biggest names in sports and entertainment are investing in Fanatics’ lifestyle clothing brand, Mitchell & Ness. Fanatics CEO Michael Rubin said the new ownership group will include LeBron James, Kevin Durant, Chris Paul, CJ McCollum, Devin Booker, James Harden, Joel Embiid,…
In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT Peter Safran, left, and James Gunn Getty Images James Gunn and Peter Safran will be the next co-heads of Warner Bros. Discovery‘s DC Comics film and TV unit, the company announced Tuesday. Their appointments will be effective Nov. 1. The news comes during a tumultuous…
In this article BA AIR-FR Follow your favorite stocksCREATE FREE ACCOUNT The first U.S.-made Airbus jetliner moves down the assembly line at the company’s factory in Mobile, Alabama, U.S. on September 13, 2015. Picture taken on September 13, 2015. Alwyn Scott | Reuters Air travel demand is showing no sign of easing, airline executives said…
In this article JBLU Follow your favorite stocksCREATE FREE ACCOUNT A JetBlue Airways Corp. plane prepares for landing at LaGuardia Airport in New York, U.S., on Tuesday, April 18, 2017. Bloomberg | Bloomberg | Getty Images JetBlue Airways eked out a $57 million profit for the third quarter as strong travel demand and higher fares…
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Alphabet shares dropped about 7% in extended trading on Tuesday after the company reported weaker-than-expected earnings and revenue for the third quarter and said it would significantly decrease headcount growth. Earnings per share (EPS): $1.06 vs. $1.25 expected, according to Refinitiv estimates. Revenue: $69.09 billion…
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft shares fell about 7% in extended trading on Tuesday after the company reported softer cloud revenue than expected in its fiscal first quarter and gave weak quarterly guidance. Here’s how the company did: Earnings: $2.35 per share, vs. $2.30 per share as expected by…
In this article GE MMM XRX JBLU GM KO Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Coca-Cola (KO) – Coca-Cola shares rose 2.9% in the premarket after the beverage giant’ third-quarter earnings and sales beat Street forecasts. The company also raised its full-year outlook as demand remains…
In this article LOG.N-CH LOGI UPST STEM HIBB Follow your favorite stocksCREATE FREE ACCOUNT Tony Avelar | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Logitech — The computer peripherals maker jumped 11% after Logitech reiterated its full-year guidance, which was lowered in July. Logitech has struggled with weaker demand…
The logo of Alphabet Inc’s Google outside the company’s office in Beijing, China, August 8, 2018. Thomas Peter | Reuters Check out the companies making headlines after hours. Alphabet — The search engine parent dropped 5.8% after Alphabet missed third-quarter earnings expectations, and reported a decline in YouTube ad revenue. Alphabet earned $1.06 per share…
Kikoncos | Getty Images It’s Sunday morning, and my kids are checking player reports to evaluate their fantasy football lineups. They chatter about wins and losses from the previous week and rumors about a reserve player that looks ripe for a break-out. During the NFL games, they check their phones for player stats to determine…