NFLX, UAL, IBKR and more

Check out the companies making headlines in extended trading. Netflix — Shares soared more than 13% after the streaming giant surpassed 300 million paid memberships . Netflix also beat fourth-quarter expectations on the top and bottom lines, and it raised its revenue expectations for the full year 2025. United Airlines — Shares popped more than […]

Mortgage rates aren’t likely to fall any time soon — here’s why

The Good Brigade | Digitalvision | Getty Images Mortgage rates have risen in recent months, even as the Federal Reserve has cut interest rates. While those opposing movements may seem counterintuitive, they’re due to market forces that seem unlikely to ease much in the near term, according to economists and other finance experts. That may […]

David Einhorn says we have reached the ‘Fartcoin’ stage of the market cycle

David Einhorn, President at Greenlight Capital, speaking at the 14th CNBC Delivery Alpha Investor Summit in New York City on Nov. 13th, 2024.  Adam Jeffery | CNBC Greenlight Capital’s David Einhorn thinks speculative behavior in the current bull market has ascended to a level beyond common sense. “We have reached the ‘Fartcoin’ stage of the […]

A Big Hug, Plus Four Things

Last night, my sister texted, “I just went to CoJ to see if you put a heartening message on Inauguration Day. I feel like you should put up a hug, waaaah.” I texted her back with so many hearts, but I was draped in children — these two, specifically — so couldn’t write much more. But today, […]

Dalio says cutting budget deficit is crucial to stabilize bond market

Ray Dalio, Founder & CIO Mentor Bridgewater Associates, speaking on CNBC’s Squawk Box at the WEF Annual Meeting in Davos, Switzerland on Jan. 16th, 2024. Adam Galici | CNBC Billionaire investor Ray Dalio thinks reducing the U.S. budget deficit could stabilize the bond market and lower interest rates. The founder of Bridgewater, one of the world’s largest hedge […]

Goldman Sachs launches AI assistant as the tech sweeps banking

Goldman Sachs GS AI Assistant Courtesy: Goldman Sachs Goldman Sachs is rolling out a generative AI assistant to its bankers, traders and asset managers, the first stage in the evolution of a program that will eventually take on the traits of a seasoned Goldman employee, according to Chief Information Officer Marco Argenti. The bank has […]

Bitcoin will hit a new all-time high in 2025, Binance CEO says

Binance CEO Richard Teng speaks in Singapore on Sept. 17, 2024, at an event hosted by the local foreign correspondents association. Bloomberg | Bloomberg | Getty Images Bitcoin will hit a new all-time high in 2025 on the back of positive regulatory movements in the U.S. under newly inaugurated President Donald Trump, the CEO of […]

Stocks making the biggest moves premarket: AAPL, QRVO, MMM, ROKU

Check out the companies making headlines before the bell. Apple — Shares slipped nearly 2% after Jefferies downgraded the iPhone maker to an underperform rating from hold. Analyst Edison Lee called its AI outlook “subdued” and expects Apple to miss its fiscal first-quarter revenue growth forecast of 5% when reporting earnings later this month. Qorvo […]

Trade war has no winners, China’s vice premier warns, as Trump threatens tariffs

Chinese Vice Premier Ding Xuexiang speaks during COP29 on Nov. 12, 2024. Sopa Images | Lightrocket | Getty Images BEIJING — Chinese Vice Premier Ding Xuexiang warned there are “no winners” in a trade war, as the world’s second-largest economy faces the possibility of tariffs under the freshly-inaugurated administration of Donald Trump. “Protectionism leads no […]