My top 10 things to watch Tuesday, Feb. 25 1. Bitcoin broke below $90,000. Michael Saylor’s MicroStrategy bought more than 20,000 bitcoin from Feb. 18 to Feb. 23. MicroStrategy shares fell 5% this morning. Is that why bitcoin is now plummeting? 2. Bank of America lowered its Coinbase price target to $311 per share from…
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as the S & P 500 logged a third straight losing day and what’s on…
Omar Marques | Lightrocket | Getty Images Investors continued to dump Palantir shares on Thursday, escalating concerns that the latest hot pick among retail traders could be fizzling out. Shares of the mysterious technology and defense stock retreated close to 5% on Thursday, regaining some ground into session close. Still, that builds on Wednesday’s slide…
Earnings season ramps up another notch next week to start February, forcing investors to wade through a barrage of quarterly results amid ongoing policy uncertainty that promises upheaval for an already choppy stock market. The January jobs report is also due out Friday. Next week will be the busiest stretch for fourth-quarter earnings. More than…
When we talk during the 9 a.m. ET hour of CNBC’s “Squawk on the Street,” the morning show I love so much, there’s never time to flesh things out. We hit topic after topic: bang, bang, bang. Occasionally, though, Carl Quintanilla will serve it up, I’ll lob it back, and then David Faber smashes it…
My top 10 things to watch Friday, Dec. 13 1. Insatiable demand for AI computing from all hyperscalers, including Apple . That’s the takeaway from Club holding Broadcom’s earnings report, which has shares soaring more than 17%. CEO Hock Tan estimated its “serviceable addressable market” for AI is $60 billion to $90 billion by 2027….
Check out the companies making headlines in premarket trading: Broadcom — Shares of the semiconductor maker jumped nearly 17% after the company’s fiscal fourth-quarter earnings exceeded expectations. CEO Hock Tan said Broadcom is developing custom artificial intelligence chips with three large cloud customers. The company also said its AI revenue for the year more than…
Traders work on the New York Stock Exchange floor on November 12, 2024 in New York City. Source: NYSE Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers…
PayPal Inc. co-founder and Affirm’s CEO Max Levchin on center stage during day one of Collision 2019 at Enercare Center in Toronto, Canada. Vaughn Ridley | Sportsfile | Getty Images LONDON — Buy now, pay later firm Affirm launched Monday its installment loans in the U.K., in the company’s first expansion overseas. Founded in 2012, Affirm…
Check out the companies making headlines before the bell. VF Corp – Shares soared nearly 20% following the North Face and JanSport parent’s better-than-expected quarterly results. For the fiscal second quarter, the company posted adjusted earnings of 60 cents per share on $2.76 billion in revenue. Analysts surveyed by LSEG were looking for 37 cents…