Finance

Check out the companies making headlines before the bell: Walt Disney (DIS) – Disney’s “Frozen 2” set a Thanksgiving holiday weekend record by taking in $123.7 million in North American ticket sales. That broke the previous record set in 2013 by “The Hunger Games: Catching Fire.” Las Vegas Sands (LVS), Wynn Resorts (WYNN) – Shares

T-Mobile US CEO John Legere testifies before a House Committee on Energy and Commerce Subcommittee hearing in Washington, February 13, 2019. Erin Scott | Reuters For about the last two decades, the cable industry has been fueled by three revenue streams: cable television, landline phones and high-speed broadband. Recently, though, cable’s prized triple play has

The Charging Bull near Wall Street is pictured in New York. Carlo Allegri | Reuters Stocks have had a bang-up year so far, and they’re heading straight into the month that is often the best of all. The S&P 500 is up more than  25% for the year so far. Thanksgiving week was technically very

Big tech platforms have consumer data histories to inform advertising strategies, but lack of personalization in ads is still a big problem for the e-commerce industry. VIEW press | Corbis News | Getty Images Here are the most important things to know about Monday before you hit the door. 1. U.S. manufacturing rebounds? Manufacturing, the

Black Friday shoppers wait to purchase goods at a Best Buy store on November 29, 2019 in Emeryville, United States. Black Friday is traditionally the biggest shopping event of the year, and marks the beginning of the holiday shopping season. Philip Pacheco | Getty Images News | Getty Images Black Friday brick-and-mortar retail sales fell

Boys run past burning tires set up by Iraqi protesters during ongoing anti-government protests in Najaf, Iraq, November 26. Alaa al-Marjani | Reuters The resignation of Iraq’s prime minister helped trigger a drop in oil prices, but analysts say that may not be the right response by investors, as Iraq’s future may have just become

Getty Images Banks are battling to get consumers using their credit cards for holiday shopping. But faster mobile payment options are making that more difficult. As consumers shop on their phones, analysts say they may end up using whichever card is automatically stored instead instead of considering rewards. Gerard du Toit, banking consultant at Bain,

The “big story” for Apple this holiday shopping season won’t be what products consumers buy but how they pay for it, according to D.A. Davidson & Co. analyst Tom Forte. “AirPods Pro [is] a good product, but I think the story for Apple’s holiday sales this year is in payments with the Apple Card,” he

Check out the companies making headlines before the bell: Tech Data (TECD) – The technology distributor agreed to be bought by private-equity firm Apollo Global (APO) in a sweetened offer worth $5.14 billion excluding debt, or $145 per share. Tech Data had struck a deal to be bought by Apollo earlier this month for $130

Chances are good the stock market could hit a few bumps as December gets underway, but any pullback should be slight, setting up for a year end Santa rally, strategists say. The tone around trade talks between the U.S. and China has been positive enough to keep the market moving higher. The Dec. 15 deadline

European markets are set to open lower on Thursday, as investors monitored friction between the U.S. and China over the Hong Kong protests. The U.K.’s FTSE 100 is seen down 10 points at 7,405, Germany’s DAX down 22 points at 13,259 and France’s CAC off by 9 points at 5,914, according to IG index data.

Tolga Akmen | AFP | Getty Images Barclays has rebalanced its equity focus away from the U.S. and toward Europe and emerging markets for 2020. In its 2020 outlook, published Wednesday, the British lender said it expects European equities to deliver further gains, setting a target for the Stoxx 600 of 430 by the end

Flextronics International Apple factory employees work on Apple Mac Pro computer assembly in Austin, TX, November 20, 2019. Tom Brenner | Reuters Economists are boosting their fourth quarter growth forecasts after the trade deficit narrowed and business investment showed a surprise pickup in October. The CNBC/Moody’s Analytic’s rapid update of economists forecasts showed a median

Jennifer Yen pulls to shopping carts full of items at Wal-Mart Supercenter in Denver, Colorado. Bloomberg | Bloomberg | Getty Images Here are the most important things to know about Friday before you hit the door. 1. Black Friday Black Friday, the day retailers have long relied on to boost sales, is losing its grip

European markets are set to open higher on Wednesday, as investors track positive mood music around U.S.-China trade talks. The U.K.’s FTSE 100 is seen climbing 6 points to 7,414; Germany’s DAX is seen 18 points higher at 13,261; and France’s CAC up by 6 points at 5,941, according to IG index data. President Donald

The Hewlett-Packard Co. logo is displayed on the window of an electronics store in New York. Ramin Talaie | Bloomberg | Getty Images Check out the companies making headlines after the bell: HP shares jumped more than 2% during extended trading after the company posted a fourth-quarter earnings beat on the top and bottom line.

Facebook Chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing in Washington, October 23, 2019. Erin Scott | Reuters Facebook is the mystery “Party A” revealed in an SEC filing that bid several times to acquire health-wearables maker Fitbit, including a best and final offer of $7.30 per share, according to

“Surgeon Simulator,” the surgical simulation game from London-based developer Bossa Studios. Bossa Studios Bossa Studios, the video game developer behind zany titles like “Surgeon Simulator” and “I Am Bread,” has raised up to $30 million in an investment round led by Chinese gaming company NetEase, three sources familiar with the matter told CNBC. The U.K.-based

Chinese President Xi Jinping and President Donald Trump at the G-20 Summit in Osaka on June 29, 2019. Brendan Smialowsi | AFP | Getty Images The leaders of the U.S.-China trade negotiations held another phone call on Tuesday morning, China’s Ministry of Commerce said in an online statement. “Both sides discussed resolving core issues of

A pedestrian walks past the Federal Reserve building on Constitution Avenue in Washington on March 19, 2019. Leah Millis | Reuters Federal Reserve economists warn that printing money to pay for deficit spending, as Modern Monetary Theory proponents recommend, has been a disaster for other nations that have tried it. In a paper that discusses