Norwegian Cruise Line, Micron Technology, Signet Jewelers, Novavax and more

Norwegian Cruise Line, Micron Technology, Signet Jewelers, Novavax and more

A view of the Norwegian Encore cruise ship during its maiden departure from PortMiami, which took place November 21-24, 2019. Orlando Sentinel | Tribune News Service | Getty Images Find out which companies are making headlines in the midday business. Norwegian Cruise Line – Shares fell nearly 12% on Tuesday after the company reported second-quarter … Read more

Stock futures rise slightly as Wall Street awaits inflation data

Stock futures rise slightly as Wall Street awaits inflation data

Traders on the floor of the NYSE, August 1, 2022. Source: NYSE U.S. stock futures edged higher on Tuesday morning after Wall Street weighed the outlook for chip stocks, and anticipated more earnings results and inflation data that will determine the pace of future rate hikes of interest. Dow Jones Industrial Average futures added 62 … Read more

Wage inflation, used car prices could soar: Jim Bianco

Wage inflation, used car prices could soar: Jim Bianco

Washington’s efforts to rein in inflation will particularly fail this year, according to market forecaster Jim Bianco. And, he thinks this week’s key inflation data will help prove it. “I don’t see anything that could reduce the rate of inflation. There are some things that could reduce prescription drug prices and maybe a few other … Read more

Jim Cramer Says These 7 Covid-Era Winning Stocks Have Power

Jim Cramer Says These 7 Covid-Era Winning Stocks Have Power

On Monday, CNBC’s Jim Cramer offered investors a list of stocks that made huge gains during the height of the Covid pandemic and continue to perform well. “Wall Street has written off all the Covid winners, but a handful of these companies have turned out to be true powerhouse giants. And I think it’s absolutely … Read more

Stocks make the biggest moves after hours: Novavax, Allbirds and more

Stocks make the biggest moves after hours: Novavax, Allbirds and more

A woman holds a small bottle labeled with a “Coronavirus COVID-19 Vaccine” sticker and a medical syringe in front of the Novavax logo displayed in this illustration taken October 30, 2020. Given Ruvic | Reuters Find out which businesses are making headlines after hours. Novavax – The biotech stock fell 32% after Novavax cut its … Read more

Stock futures rise after S&P 500’s third straight winning week

Stock futures rise after S&P 500’s third straight winning week

Stock futures rose Monday morning after the S&P 500’s third consecutive weekly gain, as investors focused on a key inflation report this week. Dow Jones Industrial Average futures gained 139 points or 0.4%. S&P 500 and Nasdaq 100 futures rose 0.5% and 0.6% respectively. Monday’s gain followed a weekly rise in the S&P 500 and … Read more

The era of steady growth is over, but here’s how to prepare

The era of steady growth is over, but here’s how to prepare

BlackRock says global markets have become more volatile and will remain so for some time. The world’s largest asset manager says the era of steady growth and low inflation is over: “We believe that traditional portfolios, hedges and risk models will no longer work.” “The Great Moderation, a long period of steady growth and low … Read more

Baidu’s robotaxis don’t need human staff in these parts of China

Baidu’s robotaxis don’t need human staff in these parts of China

Chinese technology company Baidu announced on Monday that it can sell robotaxi rides without any human staff in the vehicles. Baidu BEIJING — Chinese technology company Baidu said Monday it has become the first robotaxi operator in China to obtain permits to sell rides without a human driver or staff inside the vehicles. Local government … Read more

Berkshire Hathaway BRK Q2 2022 Results

Berkshire Hathaway BRK Q2 2022 Results

An Andy Warhol-like print of Berkshire Hathaway CEO Warren Buffett hangs outside a clothing stall at Berkshire Hathaway Inc’s first in-person annual meeting since 2019 in Omaha, Nebraska, USA, April 30, 2022. scott morgan | Reuters Berkshire Hathaway’s operating profits jumped in the second quarter despite fears of slowing growth, but Warren Buffett’s conglomerate has … Read more

Lyft, Carvana, Warner Bros. Discovery, DraftKings

Lyft, Carvana, Warner Bros.  Discovery, DraftKings

Confetti falls as Lyft CEO Logan Green (C) and Chairman John Zimmer (LEFT C) ring the Nasdaq opening bell celebrating the company’s initial public offering (IPO) on March 29, 2019 in Los Angeles, California. Shares of the ride-hailing app company were initially priced at $72. Mario Tama/Getty Images Find out which companies are making headlines … Read more