A “mild recession” is on the cards, according to Commerzbank CEO Manfred Knof. Picture Alliance | Picture Alliance | Getty Images Commerzbank on Friday unexpectedly released quarterly results, touting “record” annual profit and announcing a new share buyback scheme. The bank said it achieved a 20% increase in net profit to 2.68 billion euros ($2.78 […]
Check out the companies making headlines in premarket trading. Apple — Stock in the iPhone maker climbed 4%. Apple’s first-quarter results surpassed analyst estimates on the top and bottom line on Thursday, with the company’s strong services revenue helping to offset weaker-than-expected iPhone sales. Chevron — The oil giant’s stock fell more than 1% after […]
The tech-driven Nasdaq 100 may be undergoing a historic shift as it turns 40 this week. According to Strategas Securities’ Todd Sohn, cryptocurrency companies could fuel the next wave of gains. “Bitcoin is to crypto as the QQQ … is to technology type stocks,” the firm’s exchange-traded fund and technical strategist told CNBC’s “ETF Edge” this week. “Bitcoin is […]
Check out the companies making headlines in after-hours trading. Apple — Shares slipped 1% as investors parsed the personal technology giant’s earnings report. While the company beat expectations for the fiscal first quarter on both lines, closely followed iPhone revenue came in below Wall Street’s forecast. Intel — Shares rose 1.4% after the chipmaker beat […]
OpenAI CEO Sam Altman speaks next to SoftBank CEO Masayoshi Son after U.S. President Donald Trump delivered remarks on AI infrastructure at the Roosevelt Room in the White House in Washington on Jan. 21, 2025. Carlos Barria | Reuters OpenAI is in talks to raise up to $40 billion in a funding round that would […]
These are the stocks posting the largest moves in midday trading. Source link
This month, I decided to invite a few friends over and throw myself a birthday gathering. I’m turning 46, so it’s not a major milestone, but life is short and I figured everyone could do with a little sparkle right now. So, why not? My parties usually involve potato chips and ice cream bars, but […]
The backdrop should be reassuring for many investors: A lively bull market, pro-business policies promised by the Trump administration and a Federal Reserve close to pulling off a soft landing. However, Wall Street’s biggest names aren’t sounding so bullish for the year ahead. Convening at an alternative investments conference in Miami this week, hedge fund titans […]
So you and your special someone are headed to Philadelphia, the City of Brotherly Love, for a romantic day. From historic sights to vibrant nightlife, we’ve rounded up 15 fun things to do in Philadelphia for couples to make your trip unforgettable. Whether you’re planning a first date, a weekend getaway, or just […]
[The stream is slated to start at 8:45 a.m. ET. Please refresh the page if you do not see a player above at that time.] European Central Bank President Christine Lagarde is giving a press conference following the bank’s latest monetary policy decision. Follow CNBC’s ECB live blog here. The European Central Bank announced a 25-basis-point […]
