Finance

Check out the companies making headlines before the bell Thursday: Express (EXPR) — Shares of Express tanked 25% after the retailer reported a wider-than-expected earnings loss. Express said it lost $1.39 per share in the third quarter, versus an estimated loss of 51 cents per Refinitiv. Its revenue also missed expectations. Tesla (TSLA) — Shares

There may be more juice left in the fourth quarter. Ally Invest’s Lindsey Bell said she believes the backdrop supports December gains. “We’re positive that it will be a good end to 2020,” the firm’s chief investment strategist told CNBC’s “Trading Nation” on Wednesday. Bell sees optimism surrounding another coronavirus aid package providing a near-term

Ariel Investments co-CEO and president Mellody Hobson speaks at the 2017 Fortune Most Powerful Women Summit in Washington, D.C. Paul Morigi | Getty Images Entertainment | Getty Images The lack of diversity across the highest ranks of corporate America is certainly not new, but in recent months social unrest has brought the issue into the

Rebecca Macieira-Kaufmann Source: European fintech giant Revolut has hired former Citigroup executive Rebecca Macieira-Kaufmann to its U.S. board as it seeks to expand in the world’s biggest economy. Macieira-Kaufmann spent 12 years at Citigroup, most recently as head of Citigroup’s International Personal Bank in the U.S., which is the firm’s offshore wealth management arm. Revolut,

It may be a good time to lock in market gains for the year. Credit Suisse’s Jonathan Golub believes the latest all-time highs will run into trouble this month. “If you’re somebody who just came into a boatload of money … perhaps [wait] until after inauguration,” the firm’s chief U.S. equity strategist told CNBC’s “Trading

U.S. stock futures were flat in overnight trading on Tuesday, building on recent strength that has brought the major averages to record highs. Dow futures fell 45 points. S&P 500 futures fell 0.02% and Nasdaq 100 futures gained 0.08%. Dow component Salesforce announced it is acquiring messaging platform Slack for $27.7 billion after the bell

Ether, the digital token of the Ethereum blockchain, is the second-largest cryptocurrency in the world by market value. Jaap Arriens | NurPhoto via Getty Images While you’ve been watching the price of bitcoin soar to an all-time high, another cryptocurrency has been quietly staging a comeback of its own. Ether, the world’s second-largest virtual currency

The U.S. may be on the cusp of a double-dip recession. Economist Stephen Roach believes surging coronavirus cases are disrupting Wall Street’s hopes for a V-shaped recovery. “With the infection rate soaring right now, a still vulnerable U.S. economy is likely to experience further lockdowns,” the Yale University senior fellow told CNBC’s “Trading Nation” on

Traders work on the floor of the New York Stock Exchange on Nov. 4th. 2020. NYSE U.S. stock futures rose on Monday night after the major averages notched sharp monthly gains for November. The Dow rallied 11.8% in November, posting its best one-month performance since January 1987. The S&P 500 and Nasdaq Composite rose 10.8%

Cameron (L) and Tyler (R) Winklevoss. Adam Jeffery | CNBC Early bitcoin investors and founders of crypto-exchange Gemini, Tyler and Cameron Winklevoss, see bitcoin gaining more than 25 times its current value as more investors adopt the cryptocurrency as an inflation hedge. “We think it will be the best performing asset of the current decade,”

One of Wall Street’s biggest bulls expects another market breakout. Capital Wealth Planning’s Jeff Saut sees the S&P 500 hitting 4,000 before year-end — a 10% gain from Friday’s close and an 83% gain from the March 23 low. “Earnings are going to continue to come in better than most people think,” the firm’s advisory

Stock futures rose slightly in overnight trading on Sunday as the market looks set to finish November with historically strong gains. Futures on the Dow Jones Industrial Average gained 64 points. S&P 500 futures traded 0.3% higher and Nasdaq 100 futures gained 0.5%. The blue-chip Dow has risen 12.9% so far this month, on pace

Take a look at some of the biggest movers in the premarket: AstraZeneca (AZN) – AstraZeneca is likely to run a new global trial of its Covid-19 vaccine candidate, according to CEO Pascal Soriot. He told Bloomberg News that the drugmaker may launch a fresh study testing the vaccine at a lower dosage, rather than

An Amazon.com Inc worker prepares an order in which the buyer asked for an item to be gift wrapped at a fulfillment center in Shakopee, Minnesota, U.S., November 12, 2020. Amazon.com Inc | Reuters Check out the companies making headlines in midday trading.  Moderna — The drugmaker’s stock jumped 11% after AstraZeneca’s CEO said the

Traders work the floor of the New York Stock Exchange. NYSE U.S. stock futures rose on Friday morning as traders wrapped up a strong week amid decreasing political uncertainty and positive vaccine news. Dow Jones Industrial Average futures traded higher by 55 points, or 0.2%. S&P 500 futures also gained 0.2% and Nasdaq 100 futures

A salesman carries a Best Buy shopping basket in San Francisco, California. Getty Images Check out the companies making headlines in midday trading. American Airlines, United Airlines, Carnival — Airlines and cruise stocks surged on Tuesday as stocks tied to an economic recovery continued to rise after a series of positive vaccine announcements. Shares of

A person walks into the Nordstrom store open for business as New York City moves into Phase 2 of re-opening following restrictions imposed to curb the coronavirus pandemic on June 29, 2020 in New York, New York. Rob Kim | Getty Images Check out the companies making headlines after hours on Tuesday: HP Inc. —

Traders work the floor of the New York Stock Exchange. NYSE U.S. stock futures rose slightly on Tuesday night following a banner day for three of the for major market benchmarks. Dow Jones Industrial Average futures traded higher by 21 points, or 0.1%. S&P 500 futures also climbed 0.1% and Nasdaq 100 futures advanced 0.2%.

Check out the companies making headlines in midday trading.  Deere — Shares of the equipment maker slipped more than 1% despite the company betting top and bottom line estimates during the fourth quarter. Deere earned $2.39 per share during the period, ahead of the $1.49 expected by analysts surveyed by Refinitiv. The company said in

Federal Reserve officials took part in a detailed discussion about their asset purchase program during the meeting earlier this month, at which some members said they expect several changes to be enacted. The Fed on Wednesday released minutes from its Nov. 4-5 policy meeting. Officials at that meeting voted to keep benchmark short-term borrowing rates