Finance

Edward ‘Ed’ Hyman, chairman of Evercore Partners Inc. Christopher Goodney | Bloomberg | Getty Images Evercore ISI Chairman Ed Hyman said he sees no economic growth in China in the first quarter due to the deadly coronavirus. The market pullback Friday “is still a worry about the virus,” Hyman said on CNBC’s “Squawk on the

A frozen section of the Ross Sea at the Scott Base in Antarctica on November 12, 2016. Mark Ralston | AFP | Getty Images Antarctica just broke its hottest temperature ever recorded at 64.9 degrees Fahrenheit as climate change continues to accelerate, according to measurements from an Argentinian research station thermometer. The reading was taken

eBay’s headquarters in San Jose, California, U.S. Bloomberg |  Getty Images The e-commerce giant eBay more closely resembles the New York Stock Exchange than it does Amazon, at least in the eyes of Intercontinental Exchange CEO Jeffrey Sprecher. “I’m not sure that it’s been fair for the market to hold eBay accountable as an e-commerce company

Credit Suisse CEO Tidjane Thiam FAFabrice Coffrini | AFP | Getty Images Credit Suisse CEO Tidjane Thiam is to step down as on Feb. 14 and will be replaced by Thomas Gottstein.  The news follows a long drawn-out spying scandal at the bank. An internal investigation by law firm Homburger into the spying scandal which

Pinterest screen on a mobile phone Source: Pinterest Check out the companies making headlines after the bell: Pinterest — The online scrapbook company’s stock rose more than 17% in extended trading after it beat analysts’ estimates for fourth-quarter revenue and monthly active users. Pinterest reported fourth-quarter earnings of 12 cents per share excluding some items

The Leuthold Group’s Jim Paulsen expects stocks to rally higher into record territory due to stronger economic and earnings growth. But his bullish forecast comes with a warning — and it has nothing to do with the coronavirus outbreak. “If we [economy] continue to grow, you’re going to see consumer prices, wages, commodity prices —

Dara Khosrowshahi, CEO of Uber, appears on CNBC’s Squawk Box at the 2020 World Economic Forum in Davos, Switzerland on Jan,. 22nd, 2020. Adam Galici | CNBC Here are the most important things to know about Thursday before you hit the door. 1. Uber another loss? Uber is set to report its fourth-quarter earnings after

A Qualcomm sign is seen at the second China International Import Expo (CIIE) in Shanghai, China November 6, 2019. Aly Song | Reuters Check out the companies making headlines after the bell: Qualcomm – The semiconductor company’s stock dropped about 4% in extended trading though the company beat analysts’ estimates on both the top and

Visitor walk past a Ford Escape Titanium at the Shanghai Auto Show in Shanghai on April 17, 2019. Greg Baker| AFP | Getty Images Check out the companies making headlines in midday trading. Ford — Ford was the biggest loser in the S&P 500 in early trading, with shares plunging more than 9% after the

Shares of Tesla are roaring higher — but some are worried Elon Musk’s electric carmaker might be a speculative bubble that sometimes occurs in financial markets, especially near the end of bull markets. Rising more than 110% in 2020 alone, some believe Tesla has become unmoored from its fundamentals, fueled by short covering and the

Visitor walk past a Ford Escape Titanium at the Shanghai Auto Show in Shanghai on April 17, 2019. Greg Baker| AFP | Getty Images Check out the companies making headlines after the bell: Ford – The automaker’s stock dropped 10% in extended trading after the company missed on earnings but beat revenue in its fourth-quarter

The “Fast Money” traders shared their first moves for the market open. Steve Grasso was a buyer of IQIYI. Karen Finerman was a buyer of Anthem. Dan Nathan was a buyer of General Motors. Guy Adami was a buyer of Thor Industries.  Disclaimer Trader disclosure: Tim Seymour is long AMZA, AMZN, AAPL, ACBFF, ACRGF, ALEF,

Elon Musk, chief executive officer of Space Exploration Technologies Corp. (SpaceX) and Tesla Inc., speaks during an event at the SpaceX launch facility in Cameron County, Texas, U.S., on Saturday, Sept. 28, 2019. Bronte Wittpenn | Bloomberg | Getty Images Check out the companies making headlines midday Monday: Tesla — Shares of Tesla jumped 11.3%,

Sundar Pichai, chief executive officer of Google Michael Short | Bloomberg | Getty Images Check out the companies making headlines after the bell: Alphabet — Google parent company Alphabet‘s shares slid 4% after hours despite beating earnings estimates for the fourth quarter, as the company came in light on revenue. The company reported earnings of $15.35

Traders work on the floor of the New York Stock Exchange (NYSE) on January 21, 2020 in New York City. Spencer Platt | Getty Images The U.S. stock market erased all of its 2020 advance amid growing concerns the fast-spreading coronavirus will lead to a global economic fallout, but a slew of Wall Street strategists

India’s finance minister said there are signs pointing to a turnaround in Asia’s third-largest economy, and the government’s growth targets for 2021 are within reach. “I say it is realistic because we’ve taken various factors on board, and expect the (government’s) revenue generation to improve, which it’s already showing signs of,” Nirmala Sitharaman told CNBC’s

Wells Fargo Securities’ Michael Schumacher expects the bond rush to intensify. According to the firm’s global head of rate strategy, coronavirus fears will drive more investors into the U.S. Treasury market as a safe haven play and drive yields sharply lower. The benchmark 10-year Treasury Note yield is already down 22% so far this year.

Cornerback Richard Sherman #25 of the San Francisco 49ers Christian Petersen The world’s premiere athletes are getting an early look at venture capital deals — partially thanks to their social media game. Athletes’ Twitter and Instagram followers give them a direct line to fans, which in some cases can be used to promote portfolio companies

A worker assembles a box for delivery at the Amazon fulfillment center in Baltimore, Maryland, April 30, 2019 Clodagh Kilcoyne | Reuters Check out the companies making headlines in midday trading. Amazon — Amazon jumped nearly 9% in midday trading after the e-commerce giant reported fourth-quarter earnings well ahead of Wall Street consensus expectations. The

Traders work on the floor of the New York Stock Exchange. Spencer Platt | Getty Images Wall Street is suffering a risk-off relapse, producing a milder but familiar set of the symptoms felt during last year’s overdone summertime recession scare. Bond yields have rushed toward their old lows, flattening the gap between very short-term and