A logo of Taiwan Semiconductor Manufacturing Company (TSMC) is seen during the TSMC global RnD Center opening ceremony in Hsinchu on July 28, 2023. (Photo by Amber Wang / AFP) Amber Wang | Afp | Getty Images Taiwan Semiconductor Manufacturing Company on Thursday beat revenue and profit expectations in the first quarter, thanks to continued […]
Check out the companies making headlines in extended trading. CSX — The rail transport and real estate stock ticked up about 1% after CSX beat Wall Street estimates on the top and bottom lines in the first quarter. The railway company posted earnings of 46 cents per share on revenue of $3.68 billion, while analysts […]
Check out the companies making headlines in midday trading. United Airlines — Shares surged 14% after the airline posted a narrower-than-expected loss in the first quarter. Quarterly revenue came in at $12.54 billion, topping an LSEG estimate of $12.45 billion. Travelers Companies — The insurance stock fell 8% after a disappointing first-quarter report. Travelers said […]
Federal Reserve Chair Jerome Powell speaks during a House Financial Services Committee hearing on the “Federal Reserve’s Semi-Annual Monetary Policy Report” on Capitol Hill in Washington, U.S., March 6, 2024. Bonnie Cash | Reuters If there was any doubt before, Federal Reserve Chair Jerome Powell has pretty much cemented the likelihood that there won’t be […]
Check out the companies making the biggest moves in premarket trading: Eli Lilly , ResMed — Eli Lilly’s stock moved 2% higher following the pharmaceutical giant’s announcement that its weight loss drug Zepbound showed the potential to treat patients with obstructive sleep apnea. Shares of ResMed, which makes devices to treat the sleep-related breathing disorder, […]
Regional bank earnings may expose critical weaknesses, according to Sheila Bair, former chair of the U.S. Federal Deposit Insurance Corp. Their quarterly numbers begin hitting Wall Street this week. “I’m worried about a handful of them,” Bair told CNBC’s “Fast Money” on Tuesday. “I think some of them are still overly reliant on industry deposits, […]
CHICAGO, ILLINOIS – AUGUST 03: (L – R) Danielle, Hyein, Hanni, Minji and Haerin of NewJeans perform in concert during Lollapalooza at Grant Park on August 03, 2023 in Chicago, Illinois. Gary Miller | Filmmagic | Getty Images It hasn’t been an easy start to the year for investors in the K-pop sector as lower […]
Check out the companies making headlines in midday trading. UnitedHealth — Shares climbed 5.2%, single-handedly pushing the Dow Jones Industrial Average higher on Tuesday. UnitedHealth posted better-than-expected first-quarter revenue and reaffirmed its full-year earnings forecast of $27.50 to $28 per share excluding items. Analysts polled by FactSet forecast $27.50. Johnson & Johnson — The drugmaker […]
Janina Steinmetz | Digitalvision | Getty Images When it comes to dating etiquette, one question seems to inspire more anxiety than most: Who pays for the first date? Dating experts think there is a clear answer for heterosexual couples. “The man should pay for the first date,” said Blaine Anderson, a dating coach for men. […]
Federal Reserve Chair Jerome Powell speaks during a press conference following a closed two-day meeting of the Federal Open Market Committee on interest rate policy at the Federal Reserve in Washington, D.C., on Dec. 13, 2023. Kevin Lamarque | Reuters Federal Reserve Chair Jerome Powell said the U.S. economy, while otherwise strong, has not seen […]