Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: Wall Street is putting together a strong bounce-back session Monday after wrapping up last week on a sour note thanks to a weak jobs report….
Palantir topped Wall Street’s estimates Monday, surpassing $1 billion in quarterly revenue for the first time, and hiking its full-year guidance. Shares rallied 3% after the bell. Here’s how the company did versus LSEG estimates: Earnings per share: 16 cents adjusted vs. 14 cents expected Revenue: $1 billion vs. $940 million expected The artificial intelligence…
The busiest week of earnings has passed, but there are still dozens of key reports still to come that could shake up Wall Street. About 120 S & P 500 companies are scheduled to post their latest earnings. Among them are Disney , Advanced Micro Devices and Dow Jones Industrial Average member Pfizer . Those…
Berkshire Hathaway’s operating earnings fell by 4% for the quarter versus 2024. Per-share operating income decreased by 4% for the quarter, with no share repurchases over the past year. (Photo by Chip Somodevilla/Getty Images) Getty Images Berkshire Hathaway (BRK/A, BRK/B) reported second-quarter earnings of almost $12.4 billion, well below the $30.3 billion in the same…
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 3, 2025. CNBC Berkshire Hathaway on Saturday reported a small decline in second-quarter operating earnings as Warren Buffett’s conglomerate warns of negative impacts from steep U.S. tariffs. Berkshire’s operating profit — those from the company’s wholly owned businesses including insurance…
Warren Buffett’s Berkshire Hathaway largely remained on the sidelines last quarter, even as the stock market cratered on President Donald Trump’s “Liberation Day” tariffs and briefly presented steep bargains. Second-quarter results released on Saturday revealed that the conglomerate was a net seller of stocks for the 11th straight quarter. Berkshire offloaded $6.92 billion during the…
Check out the companies making headlines after the bell : Qualcomm — The semiconductor company fell 5% despite posting a fiscal third-quarter beat on both the top and bottom lines. Qualcomm posted adjusted earnings of $2.77 per share on revenue of $10.37 billion. Analysts polled by LSEG had expected earnings of $2.71 per share and…
UnitedHealthcare signage is displayed on an office building in Phoenix, Arizona, on July 19, 2023. Patrick T. Fallon | Afp | Getty Images UnitedHealth Group on Tuesday issued a 2025 outlook that fell short of Wall Street’s expectations, as the company’s insurance unit continues to grapple with higher medical costs. Shares of UnitedHealth Group fell…
Welcome to our guide to the commodities markets moving the global economy. Today, reporter Dan Murtaugh takes a look at Washington and Beijing’s strategies to fuel the artificial-intelligence boom. The US and China have starkly divergent visions of the future of energy, and they’re bringing them to play in the race to power artificial intelligence….
Wall Street pros are staring down a pivotal week that will likely set the tone for the rest of the year in markets and the economy. The big event comes Wednesday, when the Federal Reserve announces the outcome of its two-day policy meeting. Economists expect the Federal Open Market Committee to keep interest rates unchanged,…