In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT Netflix shares skyrocketed more than 14% after the bell Tuesday as the company posted better-than-expected results on the top and bottom lines. The streamer also reported the addition of 2.41 million net global subscribers, more than doubling the adds the company had projected a quarter
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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
In this article AAL Follow your favorite stocksCREATE FREE ACCOUNT American Airlines jet parked at LaGuardia International Airport in New York. Adam Jeffery | CNBC American Airlines‘ pilot union is taking steps toward seeking federal mediation in contract negotiations as talks with the country’s largest carrier drag on, according to a note from the labor
Kanye West arrives at the Vanity Fair Oscar Party on Feb. 9, 2020, in Beverly Hills, Calif. Evan Agostini | Invision | AP Kanye West, the superstar rapper who has made several inflammatory and antisemitic comments in recent weeks, has agreed in principle to buy conservative social media platform Parler, the app’s parent company said
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Kansas City Chiefs quarterback Patrick Mahomes (15) is sacked by Los Angeles Chargers linebacker Drue Tranquill (49) in the first quarter at Arrowhead Stadium on Thursday, Sept. 15, 2022, in Kansas City, Missouri. Tammy Ljungblad | Tribune News Service | Getty Images The National Football
In this article DWAC Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, the social media platform, Truth Social logo seen displayed on a smartphone with a photo of former US President Donald Trump displayed in the background. Rafael Henrique | Lightrocket | Getty Images Former President Donald Trump’s media company fired an executive
A smartphone with the Starlink logo displayed on the screen. Sopa Images | Lightrocket | Getty Images Elon Musk said in a tweet Saturday that his company SpaceX would continue to fund Starlink satellite internet terminals for the Ukrainian government as it battles invading Russian forces. “The hell with it,” the billionaire tweeted, “even though Starlink
In this article NKLA Follow your favorite stocksCREATE FREE ACCOUNT Trevor Milton CEO of Nikola Massimo Pinca | Reuters Trevor Milton, the founder and former chairman and CEO of electric heavy truck maker Nikola, was found guilty in federal court Friday of three of four counts of fraud relating to false statements he made to
In this article ACI KR Follow your favorite stocksCREATE FREE ACCOUNT A customer shops for eggs in a Kroger grocery store on August 15, 2022 in Houston, Texas. Brandon Bell | Getty Images Kroger knows it needs the blessing of investors and federal regulators to pull off its $24.6 billion deal to buy rival grocery
In this article ACI KR Follow your favorite stocksCREATE FREE ACCOUNT Rival grocers Kroger and Albertsons on Friday announced plans to team up. The companies said Kroger agreed to buy Albertsons for $34.10 a share in a deal valued at $24.6 billion. Albertsons shares had closed Thursday at $28.63 after surging on reports that a
In this article KR ACI Follow your favorite stocksCREATE FREE ACCOUNT Kroger could announce a deal to buy rival grocery company Albertsons this week, sources told CNBC’s David Faber. Shares of Albertsons jumped and were briefly halted Thursday morning after news that two companies are deep in talks. The stock was up more than 11%
In this article DAL Follow your favorite stocksCREATE FREE ACCOUNT A Delta Airlines Airbus A-350 aircraft, flight number DL40 bound for Los Angeles takes off from Kingsford Smith International Airport on July 26, 2021 in Sydney, Australia. James D. Morgan | Getty Images Delta Air Lines expects to post another profit in the last quarter
In this article AMC Follow your favorite stocksCREATE FREE ACCOUNT The AMC 25 Theatres in Times Square in New York is seen on Tuesday, July 8, 2014. Richard Levine | Corbis News | Getty Images AMC Entertainment hit a new 52-week low Wednesday as the movie theater company contends with a massive debt load, dilution
In this article PEP Follow your favorite stocksCREATE FREE ACCOUNT PepsiCo hiked its forecast for the year Wednesday as higher prices helped lift the snack-and-beverage maker’s revenue for the third quarter. Shares were up about 2% in pre-market trading. For the quarter ended Sept. 3, PepsiCo said revenue rose 9% from a year ago to
JB Reed | Bloomberg | Getty Images It’s a double whammy for would-be homebuyers. Not only are interest rates soaring, it’s getting harder to qualify for a loan. The average rate on the popular 30-year fixed mortgage climbed over 7% at the end of last week, according to Mortgage News Daily, and is expected to
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT Electric Chevrolet Silverado shown at the New York Auto Show, April, 2022. Scott Mlyn | CNBC General Motors on Tuesday said that it is forming a new business unit to offer stationary battery packs, solar panels, electric vehicle chargers and other energy-management products for homes
In this article GM F Follow your favorite stocksCREATE FREE ACCOUNT The General Motors world headquarters office is seen at Detroit’s Renaissance Center. Paul Hennessy | LightRocket | Getty Images DETROIT — Shares of General Motors and Ford Motor each tumbled Monday after a pair of UBS downgrades citing expectations for weakening demand amid inflationary
In this article RIVN Follow your favorite stocksCREATE FREE ACCOUNT Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland / CNBC Shares of Rivian Automotive are set to open sharply lower Monday after the electric vehicle maker said late on Friday that it is
A child looks at a halloween costume on the rack. At the Target department store in Exeter Township Tuesday afternoon for a story on halloween costumes. Ben Hasty | Medianews Group | Getty Images In the past few weeks, Craig Cislo dug out the spray-painted tombstones from his attic, scoured websites for a giant animated
Luminola | E+ | Getty Images It’s natural to fixate on portfolio losses, especially with the S&P 500 down more than 20% for the year. But you may still have gains after years of growth, and the profits could qualify for a 0% tax rate, depending on your earnings. The thresholds may be higher than
In this article CGC WEED-CA Follow your favorite stocksCREATE FREE ACCOUNT Canopy Growth applauded President Joe Biden’s announcement Thursday that he will pardon thousands of people convicted of marijuana possession. The president also called for a review of how marijuana is classified under federal law, saying the current status “makes no sense.” Shares of Canopy jumped
In this article PSNY Follow your favorite stocksCREATE FREE ACCOUNT Polestar, the Swedish electric performance car company, has announced that the world premiere of its next car, the Polestar 3 electric performance SUV, will be in October 2022. Polestar 3 is the company’s first SUV. Courtesy: Polestar Swedish electric vehicle maker Polestar said Friday that
In this article ASTR Follow your favorite stocksCREATE FREE ACCOUNT A close up look at Astra’s LV0008 rocket at LC-46 in Cape Canaveral, Florida. John Kraus / Astra Embattled small rocket-builder Astra revealed Friday that it received a delisting warning from the Nasdaq after its stock spent 30 consecutive days below $1 per share, a violation
Vehicles are displayed for sale at an AutoNation car dealership on April 21, 2022 in Valencia, California. Mario Tama | Getty Images DETROIT — New cars are slowly becoming more widely available, as supply chain bottlenecks finally start to ease. But now, an increasing number of Americans might not want them or be able to
In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT Damian Lewis as Bobby Axelrod in the original series “BILLIONS” airing on Showtime. Jeff Neumann/SHOWTIME Paramount Global executive David Nevins, who joined Showtime in 2010 and has run the premium network since 2016, is leaving the company at the end of the year. Along with his
In this article PTON Follow your favorite stocksCREATE FREE ACCOUNT A man walks in front of a Peloton store in Manhattan on May 05, 2021 in New York. John Smith | Corbis News | Getty Images Peloton is cutting another 500 jobs in a move that CEO Barry McCarthy said should position the struggling fitness
SpaceX launched four people to the International Space Station from Florida on Wednesday, as Elon Musk’s company keeps up a steady pace of crewed missions. Known as Crew-5, the mission for NASA will bring the group up to the ISS for a six-month stay in orbit. The mission is SpaceX’s fifth operational crew launch for
The Disney+ website on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Gabby Jones | Bloomberg | Getty Images A contradiction is developing in the world of streaming media, and it revolves around bundling. There’s a consistent drumbeat of expectation that streaming services will eventually all bundle
Daniel Acker | Bloomberg | Getty Images Home prices are softening in most markets across the nation. Yet home prices are still higher compared with a year ago, and it’s unlikely they will fall too steeply. The sharp rise in mortgage rates over the past several months has made housing more expensive for anyone needing
In this article RIVN Follow your favorite stocksCREATE FREE ACCOUNT Workers inspect a Rivian R1T electric vehicle (EV) pickup truck on the assembly line at the company’s manufacturing facility in Normal, Illinois, US., on Monday, April 11, 2022. Jamie Kelter Davis | Bloomberg | Getty Images Electric vehicle maker Rivian Automotive said Monday that it
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