General Motors CEO Mary Barra addresses reporters as she awaits the arrival of President Joe Biden at the media day of the North American International Auto Show in Detroit, Michigan, Sept. 14, 2022. Rebecca Cook | Reuters Check out the companies making headlines in Tuesday afternoon trading. General engines — Shares of the automaker rose … Read more
Nathan Stik | Getty Images News | Getty Images Check out the companies making headlines before the bell rings. McDonald’s — Shares fell more than 1% after McDonald’s reported its latest quarterly results. The fast food giant topped profit and revenue estimates, saying customers are increasingly frequenting its restaurants. Still, McDonald’s CEO Chris Kempczinski said … Read more
On April 28, 2022 in San Leandro, California, a sign is in front of a McDonald’s restaurant. Justin Sullivan | Getty Images McDonald’s is expected to report fourth-quarter results ahead of Tuesday’s bell. Here’s what analysts surveyed by Refinitiv expect the company to report: related investment news Earnings per share: $2.45 expected Revenue: $5.69 billion … Read more
CNBC Pro: What a technology fund manager expects from Apple and Alphabet’s earnings this week Microsoft gave a disappointing sales forecast last week, but inventory has since increased. What does that mean for the other Big Tech companies that are going to report earnings? Tech fund manager Jeremy Gleeson, who manages the £1.1 billion ($1.5 … Read more
Famed shortseller Jim Chanos sees an alarming trend in the market. “I’ve been on the street [since] 1980 [and] no bear market has ever traded more than nine times to 14 times previous peak earnings,” Chanos & Co.’s founder said. Monday on CNBC’s “Fast Money.” related investment news His latest warning comes in the midst … Read more
CNBC’s Jim Cramer said Monday that the benchmark S&P 500 could be at a critical juncture this week. “The charts, as interpreted by Mark Sebastian, suggest that we are approaching a decisive moment here. If the S&P 500 can avoid a major drop this week, it is optimistic about the future – on the other … Read more
An employee stands next to a Whirlpool washing machine in a home appliances showroom in New Delhi. Anindito Mukherjee | Reuters Check out the companies making headlines after the bell: NXP Semiconductors — Shares of NXP Semiconductors fell 3% in extended trading after first-quarter revenue guidance fell short of analyst expectations, according to FactSet. The … Read more
Check out the companies making headlines during Monday afternoon trading. Macy’s flagship store at Herald Square in New York, December 23, 2021. Scott Mill | CNBC Colgate-Palmolive — Shares rose 2.8% after Morgan Stanley upgraded the stock from an equal weight to overweight and named it the top pick in the home and personal care … Read more
Gautam Adani, chairman of Indian conglomerate Adani Group, at the World Congress of Accountants in Mumbai on Nov. 19, 2022. Founder Gautam Adani, Asia’s richest man and once second only to Elon Musk, dropped out of the top five richest in the world to seventh on Bloomberg’s Billionaire Index. Indranil Mukherjee Afp | Getty Images … Read more
Visitors on Central Street of the Taipa Village in Macau, China, on Wednesday, January 25, 2023. Tourism and spending are reviving in Macau as the Lunar New Year holiday spurred visitor numbers after the pandemic travel restrictions between the area and mainland China . Bloomberg | Bloomberg | Getty Images Stocks in the Asia-Pacific traded … Read more
