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Check out the companies making headlines in midday trading. Alphabet â The online search giant operator launched its latest quantum chip, called Willow. Alphabet said this marks a major breakthrough in the field of quantum computing, leading shares 4% higher. Quantum computing is considered as the next frontier for many tech companies. Oracle â Shares […]
Check out the companies making headlines before the bell. Oracle â The database software company slid roughly 7% after posting fiscal second-quarter earnings and revenue that lagged analysts’ estimates. Oracle also issued guidance for the current quarter, calling for revenue growth of 7% to 9% and adjusted earnings of $1.50 to $1.54 per share, saying
Check out the companies making headlines in extended trading. Oracle â Stock in the computer technology company slipped 5% after Oracle slightly missed fiscal second-quarter earnings estimates. The firm reported adjusted earnings of $1.47 per share, while analysts polled by LSEG were looking for $1.48 a share. Oracle’s revenue of $14.1 billion matched analyst estimates.
Amazon has for years counted on millions of third-party sellers to provide the bulk of the inventory that consumers buy daily. But keeping track of their finances has long been a challenge for outside merchants, particularly smaller mom-and-pop shops. Amazon said on Monday that it’s partnering with Intuit to bring the software company’s online accounting
Amazon is bringing Intuit QuickBooks software to its millions of third-party sellers Read More »
The U.S. job market has been stagnant of late, a dynamic that contains both good and bad news for U.S. workers. On the one hand, businesses are holding on to their existing workforce, meaning employees are unlikely to lose their jobs, economists said. But it also may be hard for jobseekers to land a new
'Low-hire, low-fire': The U.S. job market is stagnant right now, economists say Read More »
Check out the companies making headlines in midday trading: Hershey , Mondelez International â Hershey shares jumped roughly 13% after Bloomberg News reported that Cadbury and Oreo maker Mondelez is again trying to buy the chocolate company. News of the attempted takeover put Hershey shares on pace for their best day since June 2016, when Hershey
Stocks making the biggest moves midday: Hershey, Nvidia, Alibaba, Omnicom and more Read More »
Check out the companies making headlines in premarket trading. Nvidia â Shares slid 2% after China said a regulatory body launched an investigation into the chipmaker. The State Administration for Market Regulation was looking at potential antimonopoly law violations, according to the Chinese government. Advanced Micro Devices â The chipmaker dropped more than 1% after
Small businesses and their owners could face penalties of $10,000 or more if they don’t comply with a new U.S. Treasury Department reporting requirement by year’s end â and evidence suggests many haven’t yet complied. The Corporate Transparency Act, passed in 2021, created the requirement. The law aims to curb illicit finance by asking many
If 2024 was the year that traditional foreign automakers were shown the exit on China’s car market, 2025 looks to be the year that a few local electric car companies can solidify their leadership. “In China, [new energy vehicle] leaders such as BYD are likely to consolidate their market position further, while foreign brands fade,”
Electric car stock plays for 2025 as GM, Tesla struggle in China Read More »
BlackRock expects infrastructure and cybersecurity plays to shine in 2025. Jay Jacobs, the firm’s U.S. head of thematic and active ETFs, cites the artificial intelligence boom as a major catalyst. “It’s still very early in the AI adoption cycle,” he told CNBC’s “ETF Edge” this week. According to Jacobs, AI companies need to build out
AI's growth is just getting started, BlackRock's thematic ETF head says Read More »
