Dashed hopes for March rate cuts

Dashed hopes for March rate cuts

Traders work on the floor of the New York Stock Exchange during morning trading on January 31, 2024 in New York City.  Michael M. Santiago | 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

Q3 results today: Adani Enterprises, Adani Ports, Titan among 86 companies to announce earnings

Q3 results today: Adani Enterprises, Adani Ports, Titan among 86 companies to announce earnings

It will be an action packed day for Street on Thursday with the unveiling of Union Budget 2024 and 86 BSE listed companies announcing their December quarter earnings. Among the Nifty companies Adani Enterprises, Adani Ports & Special Economic Zone and Titan Company will be the ones that will be watched out for. Among other … Read more

Qualcomm (QCOM) earnings report Q1 2024

Qualcomm (QCOM) earnings report Q1 2024

Cristiano Amon, CEO of Qualcomm, responds to a question during a keynote conversation at CES 2024, an annual consumer electronics trade show, in Las Vegas, Nevada, U.S. January 10, 2024.  Steve Marcus | Reuters Qualcomm reported fiscal first-quarter results on Wednesday that topped analysts’ estimates as sales of handset chips jumped 16% from a year … Read more

We’re trimming a health-care stock ahead of earnings — hedging our bets on business in China

We’re trimming a health-care stock ahead of earnings — hedging our bets on business in China

We’re selling 95 shares of GE Healthcare at roughly $74. Following Wednesday’s trade, Jim Cramer’s Charitable Trust will own 1,150 shares of GEHC, reducing its weighting to 2.75% from 2.97%. The small trim we’re making in GE Healthcare with the stock up slightly in an otherwise rough tape does not change our belief in this … Read more

Meta’s continued rally could hinge on fortunes of Temu and Shein

Meta’s continued rally could hinge on fortunes of Temu and Shein

Facebook founder and CEO Mark Zuckerberg meets Founder and Executive Chairman of Alibaba Group Jack Ma (not pictured), at the China Development Forum in Beijing, China, March 19, 2016.  Shu Zhang | Reuters Like many Facebook and Instagram users, marketing veteran Victor Lee is inundated with ads from Chinese online retailer Temu when he opens … Read more

Starbucks’ earnings report was weak — but Wall Street expected worse

Starbucks’ earnings report was weak — but Wall Street expected worse

A customer exits a Starbucks store in Manhattan on Jan. 30, 2024, in New York City. Spencer Platt | Getty Images Wall Street is shaking off Starbucks’ weak quarterly report, seemingly taking executives at their word that the company’s challenges are “transitory.” The coffee giant’s stock ticked higher in morning trading, hours after it reported … Read more

H&M shares tumble 8% after weaker sales and surprise CEO exit

H&M shares tumble 8% after weaker sales and surprise CEO exit

People passing a large scale sign for the high street clothes and clothing brand H&M outside their flagship store on the corner of Oxford Street and Regent Street. on 30th March 2023 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images Shares of Swedish retailer H&M were down 8% at 09:05 a.m. … Read more

Novo Nordisk beats earnings expectations as Wegovy, Ozempic demand soars

Novo Nordisk beats earnings expectations as Wegovy, Ozempic demand soars

Liselotte Sabroe | Afp | Getty Images Novo Nordisk, Europe’s largest company by market capitalization, on Wednesday reported better-than-expected 2023 earnings, as sales of its wildly popular anti-obesity and diabetes drugs continued to soar. The maker of weight loss drug Wegovy and diabetes drug Ozempic reported an increase in sales of 31% in Danish kroner … Read more

Tech earnings not impressing Wall Street

Tech earnings not impressing Wall Street

The Nasdaq MarketSite in New York, June 9, 2023. Michael Nagle | Bloomberg | 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 matter where they are. Like what you see? You can subscribe here. What … Read more

Boeing (BA) Q4 2023 earnings

Boeing (BA) Q4 2023 earnings

A grounded Boeing 737 Max 9 aircraft at Los Angeles International Airport. Eric Thayer | Bloomberg | Getty Images Boeing on Wednesday is set to report fourth-quarter results and answer to investors eager to hear how a midair blowout on one of the plane maker’s new 737 Max 9s could reverberate through the aviation industry … Read more