Finance

U.S. stock index futures were flat in overnight trading on Thursday, after the major averages closed at new highs. Futures contracts tied to the Dow Jones Industrial Average advanced 5 points. S&P 500 futures were unchanged, while Nasdaq 100 futures slid 0.04%. The major averages were coming off a record-setting session, which saw all three

Bitcoin course’s graph is seen on the Coinbase cryptocurrency exchange application on February 12, 2018. Chesnot | Getty Images Digital currency exchange Coinbase is going public as renewed investor interest in cryptocurrencies has pushed bitcoin to an all-time high. On Thursday the company announced that it has confidentially submitted a draft registration statement on Form

Take a look at some of the biggest movers in the premarket: Accenture (ACN) – The consulting firm earned $2.32 per share for its fiscal first quarter, compared to a consensus estimate of $2.05 a share. Revenue beat estimates as well. Accenture also raised its full-year forecast, with demand for digital and cloud services remaining

Institutional Investor Hall of Famer Richard Bernstein sees a risky market dynamic. He’s questioning why so many investors prefer momentum names in technology when the economy is getting ready to boom. “The whole innovation disruption thing is becoming a sucker’s bet,” the Richard Bernstein Advisors CEO and CIO told CNBC’s “Trading Nation” on Wednesday. “Fundamentals

The Federal Reserve on Wednesday made a key adjustment to its efforts to support the economy, while upgrading its outlook for growth. As expected, the Fed held benchmark interest rates near zero following the conclusion of its two-day meeting. Investors were watching whether the Fed would present outcomes-based guidance in which it would state the

A Bolt driver in Krakow, Poland. Beata Zawrzel | NurPhoto via Getty Images LONDON — Bolt, a European competitor to ride-hailing giant Uber, said Wednesday it had raised 150 million euros ($182 million) to bolster the safety of its platform through facial recognition and artificial intelligence. The Estonia-based company declined to disclose its valuation but

Nobel Prize-winning economist Robert Shiller believes the fear of missing out is fading. According to Shiller, the market phenomenon was the major narrative driving the historic rally off the March 23 low — as the world entered the throes of the coronavirus pandemic. But with big gains in the rearview mirror, Shiller isn’t turning bearish.

The Apple iPhone 12 Pro Max is unveiled during a virtual product launch. Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Apple — Apple shares rose more than 3% after Nikkei reported the tech giant will ramp up its iPhone production by about 30% in the first

Take a look at some of the biggest movers in the premarket: Alphabet (GOOGL) – Multiple Google services, including Gmail and YouTube, suffered a widespread outage this morning for an undetermined reason. “Service has already been restored for some users, and we expect a resolution for all users in the near future,” Google said in

Wells Fargo Securities is pushing a bearish case for the prices of bonds in its official 2021 outlook. Michael Schumacher, the firm’s head of macro strategy, expects the 10-year and 30-year Treasury Note yields to move meaningfully higher due to progress against the coronavirus. “In a word, it’s vaccines,” he told CNBC’s “Trading Nation” on

A DoorDash Inc. delivery bag sits on the floor at Chef Geoff’s restaurant in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines midday Monday: Pfizer, BioNTech — Shares of the drug makers fell 2% and 6% respectively, despite the Food and Drug Administration’s approval of the firms’ Covid-19

Annette Riedl | Picture Alliance | Getty Images WASHINGTON – The Trump administration acknowledged reports on Sunday that a group backed by a foreign government carried out a cyberattack on the U.S. Treasury Department and a section of the U.S. Department of Commerce. “The United States government is aware of these reports and we are taking all

Traders work on the floor of the New York Stock Exchange. NYSE U.S. stock futures moved higher in overnight trading on Sunday as markets indicated a rebound from a losing week. Investors are weighing updates on the Covid-19 vaccine rollout as well as the coronavirus stimulus stalemate in Washington. Dow futures rose 180 points. S&P

Packs of 2019 Topps cards spread out across a table. Sam Rega Interest in collecting and values have seen a steady uptick for the last decade with prices really starting to rise at quicker rate somewhere around 2016 or 2017. With the onset of the pandemic at the beginning of this year, card collecting reached

The JP Morgan Chase & Co. headquarters, The JP Morgan Chase Tower in Park Avenue, Midtown, Manhattan, New York. Tim Clayton – Corbis | Corbis Sport | Getty Images SINGAPORE — While there’s “nothing new” to sustainable investing, technology has made it easier to state the financial case for considering non-financial metrics, according to JPMorgan.

At 30 years old, Nick Molnar is Australia’s youngest self-made billionaire. The young entrepreneur shot to fame and fortune as the co-founder and co-CEO of Afterpay, a deferred payments platform that allows users to stagger the cost of their purchases over regular, interest-free instalments. This year, the company has surged under a coronavirus-induced shift to

Take a look at some of the biggest movers in the premarket: Walt Disney (DIS) – Disney said its Disney+ streaming service now has 86.8 million subscribers, a number it says could grow to 260 million by 2024. The company said over the past 2 months, the service has added more than 13 million subscribers.

Tesla CEO Elon Musk talks to media as he arrives to visit the construction site of the future US electric car giant Tesla, on September 03, 2020 in Gruenheide near Berlin. Odd Andersen | AFP | Getty Images Tesla will replace Apartment Investment and Management Co. in the S&P 500 when the electric vehicle company

Check out the companies making headlines in midday trading.  Snowflake — Shares of the data-warehousing software maker slid more than 4% after Deutsche Bank downgraded the stock a hold rating. “Pent-up demand for high-multiple names, such as Snowflake, may be limited as we wrap up 2020 and investors look to protect their year,” the firm

Tink co-founders Daniel Kjellén and Fredrik Hedberg. Tink LONDON — A new movement in finance that calls on big banks to share their coveted customer data with younger technology rivals has gained significant momentum in 2020. Called open banking, a number of start-ups developing tech around the trend have raised significant sums from investors, with