In 2017, UBS became the first international wealth manager to establish a presence in the Qianhai free trade zone, aimed at boosting financial cooperation between Shenzhen and Hong Kong. Evelyn Cheng | CNBC BEIJING — Foreign investors and financial institutions are still keen to invest in China despite geopolitical tensions — and a lot more
Finance
In this article @1YM21M .DJI Traders on the floor of the New York Stock Exchange. Source: NYSE Stock futures were flat in overnight trading after major averages rebounded from a three-day losing streak on Thursday led by technology shares. Futures on the Dow Jones Industrial Average added 6 points. S&P 500 futures were flat. Nasdaq-100
In this article KSS SPCE HRL BJ Virgin Galactic Check out the companies making headlines in midday trading. Kohl’s — Kohl’s stock fell more than 10% on Thursday after it said supply chain issues may drag on its profit margins. Like others, Kohl’s experienced supply chain hurdles starting in 2020 when factories in Asia shut
Federal Reserve officials at their April meeting said a strong pickup in economic activity would warrant discussions about tightening monetary policy, according to minutes from the session released Wednesday. “A number of participants suggested that if the economy continued to make rapid progress toward the Committee’s goals, it might be appropriate at some point in
The logo of Cisco Systems is seen at their headquarters in Issy-les-Moulineaux, near Paris, France. Philippe Wojazer | Reuters Check out the companies making headlines after the bell on Wednesday: Cisco — Shares of the data center networking hardware maker dropped more than 6% in extended trading after the company issued weaker-than-expected guidance for the next
In this article COIN MSTR TSLA 9618-HK TTWO TGT LOW TJX A woman leaves Target store on March 02, 2021 in New York. Emaz | Corbis News | Getty Images Check out the companies making headlines in midday trading. Target — Shares of the retailer advanced 5% after Target’s first-quarter results beat analysts’ expectations on
Jason Lee | Reuters BEIJING — The U.S. Treasury said Tuesday it was postponing a ban on trading shares of companies with alleged links to the Chinese military. The new restrictions take effect June 11, versus the prior date of May 27. The move by U.S. President Joe Biden’s administration extends a grace period for
U.S. stock futures were flat in overnight trading on Tuesday ahead of more retail earnings. Dow futures fell about 40 points. S&P 500 futures gained 0.15% and Nasdaq 100 futures rose 0.1%. On Tuesday, the major averages ended the day in the red after notching gains earlier in the session. The Dow Jones Industrial Average
A banner for Snowflake is displayed on its IPO day at the New York Stock Exchange on September 16, 2020. It was the largest software IPO in history and was one of eight CNBC 2020 Disruptor 50 companies to go public, and more Disruptor deals are coming soon. Brendan McDermid | Reuters Check out the
In this article FSR AON KODK Henrik Fisker (R) greets an attendee in front of his Fisker Ocean SUV, January 7, 2020 at the 2020 Consumer Electronics Show (CES) in Las Vegas, Nevada. Robyn Beck | AFP | Getty Images Check out the companies making headlines after the bell on Monday: Fisker — Fisker shares
Pedestrians walk past the Nasdaq in New York on Sept. 3, 2020. Xinhua News Agency | Getty Images Futures contracts tied to the major U.S. stock indexes ticked higher at the start of the overnight session Monday evening after Wall Street kicked off the week with modest losses. Dow futures added 50 points, while contracts
In this article TWNK TSLA T Hostess Twinkies Getty Images Check out the companies making headlines in midday trading. AT&T, Discovery — The pair of stocks were volatile on Monday after the company’s announced a $43 billion deal to merge Discovery and AT&T’s WarnerMedia unit. Discovery’s A shares popped at the open but were down
Traders on the floor of the NYSE. Source: NYSE Stock futures edged up in overnight trading on Sunday as the market looked to continue to rebound from last week’s sell-off triggered by inflation jitters. Futures on the Dow Jones Industrial Average rose 40 points. S&P 500 futures and Nasdaq 100 futures were both 0.2% higher.
In this article ABNB COIN DIS Pedestrians wearing protective masks wait to enter a Disney store in San Francisco, California, on Wednesday, Dec. 23, 2020. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell on Thursday: Disney — Disney shares slipped more than 3% after the company’s
In this article DOGE.CM= ETH.CM= BTC.CM= A collection of bitcoin, litecoin and ethereum tokens. Chris Ratcliffe | Bloomberg | Getty Images LONDON — A Goldman Sachs executive has resigned after earning a fortune from a cryptocurrency investment, according to industry sources. Aziz McMahon, Goldman’s managing director and head of emerging market sales in London, quit
A man wearing a mask walks past the headquarters of the People’s Bank of China, the central bank, in Beijing, China, as the country is hit by an outbreak of the new coronavirus, February 3, 2020. Jason Lee | Reuters BEIJING — While investors around the world fret over inflation, China’s central bank has more
Take a look at some of the biggest movers in the premarket: Walt Disney (DIS) – Disney shares dropped 3.9% in premarket trading after growth figures for the Disney+ streaming service fell short of Wall Street predictions. Disney reported better-than-expected profit for the first quarter, but revenue was short of analysts’ forecasts. DoorDash (DASH) –
The New York Stock Exchange welcomes The Walt Disney Company (NYSE: DIS), on Tuesday, May 4, 2021, in honor of Star Wars Day. Source: NYSE Check out the companies making headlines in midday trading. Disney — The media giant’s share price sank more than 3% after it missed revenue and streaming subscriber estimates. Disney earnings
Sherry Ann Mohan, Managing Director at Goldman Sachs Source: Goldman Sachs Goldman Sachs continues to lose key managers at its fledgling consumer banking business. The chief financial officer for Goldman’s consumer business, which includes its Marcus brand and the Apple Card, is joining JPMorgan Chase, according to an internal memo obtained exclusively by CNBC. Sherry
In this article DOGE.CM= Yuriko Nakao | Getty Images News | Getty Images Dogecoin soared more than 40% early Friday after a tweet from supporter Elon Musk and as Coinbase said it would list the meme-inspired cryptocurrency. The price of dogecoin rose to an intraday high of around 55 cents at 2:30 a.m. ET, according