Stocks making the biggest moves after hours: Netflix, United Airlines, Adobe and more

In this article JBHT IBKR ADBE UAL ISRG NFLX Follow your favorite stocksCREATE FREE ACCOUNT Netflix signage next to the Nasdaq MarketSite in New York, U.S., on Friday, Jan. 21, 2022. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in extended trading. Netflix — The streaming giant’s shares skyrocketed more…

United Airlines shares surge on higher profit and strong demand forecast

A United Airlines Boeing 777-200 aircraft Nicolas Economou | NurPhoto | Getty Images United Airlines forecast another profit for the end of the year and said consumer appetite for travel is showing no signs of slowing down despite high airfares. Shares jumped more than 7% in after-hours trading on Tuesday. “Looking forward through the end…

Netflix crushes expectations across the board, adds 2.41 million subscribers

In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration the Netflix logo in the App Store seen displayed on a smartphone screen. Rafael Henrique | SOPA Images | LightRocket | Getty Images Netflix shares skyrocketed more than 14% after the bell Tuesday as the company posted better-than-expected results on the…

Rolls-Royce says it already has hundreds of U.S. orders for its $413,000 Spectre electric vehicle

Rolls Royce Spectre Courtesy: Rolls-Royce More than 300 U.S. buyers have already put down deposits for Rolls-Royce’s first electric vehicle prior to its unveiling on Tuesday, the luxury automaker’s CEO told CNBC. Rolls-Royce CEO Torsten Muller-Otvos told CNBC that the buyers visited the company’s headquarters in Goodwood, England over the past two weeks to get…

Dan Loeb’s Third Point builds stake in Colgate, sees value in pet food business in potential spinoff

In this article CL Follow your favorite stocksCREATE FREE ACCOUNT Daniel Loeb Simon Dawson | Bloomberg | Getty Images Dan Loeb’s Third Point has built a sizeable stake in consumer giant Colgate-Palmolive, according to CNBC’s David Faber. Loeb sees hidden value in Colgate’s subsidiary, Hill’s Pet Nutrition, a pet food company, if it were spun…

How to get the ‘best of both worlds’ for Series I bond interest rates before November

RyanJLane | E+ | Getty Images After a difficult year for the stock market, investors have poured money into Series I bonds, a nearly risk-free and inflation-protected asset that’s paying a record 9.62% annual interest rate through October. With the rate expected to drop to roughly 6.48% in November, there’s a brief window to secure…

Here’s what you need to know about 2023 Medicare prescription drug plans during open enrollment

Mike Mergen | Bloomberg | Getty Images If you’re a Medicare beneficiary, now’s the time to evaluate your prescription drug coverage for 2023. In addition to checking during Medicare’s annual fall open enrollment whether you can get a more cost-effective plan, you should be aware of some legislative changes taking effect next year that may…

Changing Tax Policy Landscape Will Worsen U.S. Competitiveness

Nearly five years ago, the Tax Cuts and Jobs Act (TCJA) brought dramatic changes to U.S. tax policy. The federal corporate tax rate fell from 35 percent to 21 percent and other reforms improved the tax treatment of business investment, lowered taxes for individuals and families, and introduced a new system for taxing foreign profits….

Activist investor Starboard reveals stake in Salesforce, sees significant opportunity

In this article CRM Follow your favorite stocksCREATE FREE ACCOUNT Jeffrey Smith, CEO of Starboard Value LP and Chairman of Papa John’s International Inc. Brendan McDermid | Reuters Starboard Value has taken a stake in Salesforce, with founder Jeff Smith saying a significant opportunity remains in the enterprise software maker, according to CNBC’s David Faber….

Target stores to sell Caraway pots and pans in online cookware company’s biggest push into brick-and-mortar

Some of Caraway’s pots and pans are now sold by Target stores. About 350 of the big-box retailer’s locations are carrying the products in time for the holidays. Courtesy of Caraway Online cookware company Caraway is making its biggest push yet into brick-and-mortar stores, with its pots and pans debuting in 350 Target stores this…

Hasbro revenue meets expectations but earnings miss as inflation squeezes shoppers

In this article HAS Follow your favorite stocksCREATE FREE ACCOUNT A worker arranges boxes of Hasbro board games on a shelf at a Target Corp. location in Emeryville, California. David Paul Morris | Bloomberg | Getty Images Hasbro reported third-quarter earnings Tuesday morning that fell short of analysts’ expectations as inflation weighed on consumers and…

Star witness who visited Elizabeth Holmes after fraud trial says ‘she needs to pay her debt to society’

Former Theranos CEO Elizabeth Holmes (L) arrives at federal court with her partner Billy Evans on October 17, 2022 in San Jose, California. Justin Sullivan | Getty Images SAN JOSE, Calif. — A star witness in the trial of former Theranos CEO Elizabeth Holmes doubled down on his testimony on Monday, two months after he…