Airbus shares fall 9% as company cuts 2024 guidance on targets, deliveries

Airbus shares fall 9% as company cuts 2024 guidance on targets, deliveries

This photograph taken on February 29, 2024, shows the logo of the Airbus company at the Airbus Atlantic plant in Bouguenais, near Nantes, western France, on February 29, 2024. Sebastien Salom-gomis | Afp | Getty Images Shares in Airbus fell by 9% on Tuesday after the company said it was cutting its targets for 2024, … Read more

Dow up as banks, energy stocks rise; Nvidia sinks

Dow up as banks, energy stocks rise; Nvidia sinks

Traders work on the floor of the New York Stock Exchange in New York City, Sept. 28, 2023. Brendan McDermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what … Read more

Constellation (STZ) to grab more prime real estate at stores, boosting stock

Constellation (STZ) to grab more prime real estate at stores, boosting stock

Constellation Brands has an upper hand in a battle for coveted — but shrinking — territory in stores, according to new Wall Street research. It is further evidence that the Mexican beer powerhouse is a worthwhile investment in an otherwise weak category. Constellation’s portfolio of beers, anchored by Modelo and Corona, is among the best … Read more

Nasdaq worst day, Nvidia sell-off

Nasdaq worst day, Nvidia sell-off

A screen displays the Nikkei 225 Stock Average figure on the trading floor at the Nomura Securities Co. headquarters in Tokyo, Japan, on Jan. 11, 2024.  Bloomberg | Bloomberg | Getty Images Asia-Pacific markets mostly climbed higher on Tuesday, even as U.S. Big Tech stocks sold off in favor of other sectors such as banking … Read more

WTI on pace for monthly gain

WTI on pace for monthly gain

Oil pumpjacks operate in Los Angeles, California, July 31, 2023. Mario Tama | Getty Images Crude oil futures kicked off the last week of June little changed but are on pace to post a gain for the month, as signs point to strengthening gasoline demand in the US. Oil prices pulled back Friday, snapping a … Read more

Bitcoin tumbles back to $60,000 to start the week

Bitcoin tumbles back to ,000 to start the week

A photo illustration depicting the cryptocurrency bitcoin. Jakub Porzycki | NurPhoto via Getty Images Bitcoin continued its descent to $60,000 on Monday. The price of the flagship cryptocurrency was last down by more than 4% at $61,211.00, according to Coin Metrics. Earlier, it fell to $60,666.30, its lowest level in more than a month. It’s … Read more

Dow posts best week since May, Tesla cuts 14% of workforce

Dow posts best week since May, Tesla cuts 14% of workforce

Traders work on the floor during morning trading at the New York Stock Exchange (NYSE) on March 6, 2024 in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more

Asia stock markets: Australia CPI, Tokyo CPI

Asia stock markets: Australia CPI, Tokyo CPI

A cafe at the Royal Arcade, Bourke Street Mall, in Melbourne, Australia. Education Images | Universal Images Group | Getty Images Asia-Pacific markets fell on Monday, ahead of inflation data from Australia and Japan later this week. Special attention will be paid to Australia’s May consumer price index figures on Wednesday, after Reserve Bank of … Read more

Apple, Microsoft valuations get a pass. Nvidia does not but should

Apple, Microsoft valuations get a pass. Nvidia does not but should

We don’t care at which price Apple trades. When it was at $165 per share not that long ago, we thought the Club’s original “own it, don’t trade it” stock was momentarily expensive. Then nothing happened, and we had an ascent based on a momentary belief that the iPhone 16 would have some good artificial … Read more

Consumer spending, inflation, and housing are 3 things to watch in the market

Consumer spending, inflation, and housing are 3 things to watch in the market

Wall Street advanced during this holiday-shortened trading week, with the S & P 500 and Nasdaq both reaching new all-time highs in the first half of the week before pulling back some. The S & P 500 and Nasdaq were able to finish the week slightly higher. The Dow , which had recently come off … Read more