Finance

S&P 500 snaps 4-day losing streak, Nasdaq jumps led by Amazon

Stocks rose on Tuesday, recovering from the previous session's steep sell-off, as Amazon led shares of Big Tech higher. The S&P 500 closed 1.1% higher at 3,315.57. The Nasdaq Composite climbed 1.7% to 10,963.64. The Dow Jones Industrial Average advanced...

Americans have lost $145 million to scams linked to Covid-19

seksan Mongkhonkhamsao Americans have lost $145 million to fraud related to Covid-19, according to Federal Trade Commission data. Consumers have filed more than 205,000 reports of fraud linked to the coronavirus since the beginning of the year, according to...

Stocks making the biggest moves after hours: Nike, Stitch Fix, KB Home and more

Workers install a Nike logo lamp outside the Wukesong Arena in Beijing, August 28, 2019. Tingshu Wang | Reuters Check out the companies making headlines after the bell: Nike — Shares of the athletic retailer soared more than 9% in extended trading...

Dow falls 100 points as tech shares drag down market, Apple and Microsoft down...

Stocks fell on Wednesday as Wall Street's September struggles continued, with tech shares sliding once again. The Dow Jones Industrial Average traded 115 points lower, or 0.4%. Earlier in the session, the Dow was up 176 points. The S&P 500 slid...

$5 billion fintech firm TransferWise posts fourth straight year of profitability

TransferWise co-founders Kristo Käärmann and Taavet Hinrikus. TransferWise LONDON — TransferWise, one of Europe's most valuable private financial technology firms, just posted its fourth consecutive year of profitability. The online money transfer service said Wednesday that its net profit more than...

Apple, Amazon and Google will emerge as winners from a major market shift, tech...

Long-time tech analyst Gene Munster believes big tech is on the cusp of a major shift: It's becoming a stock pickers' market. The Loup Ventures founder and managing partner expects FAANG stocks, otherwise known as Facebook, Apple, Amazon, Netflix and...

China’s online shopping growth stalls — a sign of slow economic recovery

A couple wearing protective facemasks as a prevention measure against the COVID-19 coronavirus walk at a nearly empty shopping mall in Beijing on February 27, 2020. Nicolas Asfouri | AFP | Getty Images BEIJING — Chinese fervor for online shopping waned...

Stocks making the biggest moves in the premarket: Nike, General Mills, J&J, KKR, KB...

Take a look at some of the biggest movers in the premarket: Nike (NKE) – Nike reported quarterly earnings of 95 cents per share, more than doubling the consensus estimate of 47 cents. Revenue also beat forecasts, with online sales...

JPMorgan traders complain that bank doesn’t inform all staff of coronavirus cases at headquarters

Spencer Platt | Getty Images Some JPMorgan Chase traders are upset that they only learned about a coronavirus case in their building last week from press reports, CNBC has learned. When the bank discovered that an employee on the...

Interactive Brokers braces for election volatility by telling clients to put up more cash

In this photo illustration, the Interactive Brokers LLC logo seen displayed on a smartphone. Igor Golovniov | LightRocket | Getty Images Market action around the election is expected to be so volatile that Interactive Brokers is forcing clients to put...

Recent Posts