Netflix, Coinbase, Alphabet, SVB Financial & more
Tech stocks on display at the Nasdaq. Peter Kramer | CNBCCheck out the companies making headlines in midday trading.Netflix — Shares of the streaming giant jumped more than 6% after Netflix added 7.66 million net subscribers in the fourth quarter, above the 4.57 million expected, according to StreetAccount. Founder Reed Hastings also announced that he is […]
Netflix, Alphabet, Nordstrom, PagerDuty and more
A sign is posted in front of a Google office on April 26, 2022 in San Francisco, California. Google parent company Alphabet will report first quarter earnings today after the closing bell.Justin Sullivan | Getty Images News | Getty ImagesCheck out the companies making headlines before the bell:Netflix — The streaming stock jumped more than […]
Stocks making the biggest moves after hours: Netflix, Nordstrom and more
Check out the companies making headlines in midday trading.Netflix – Shares of Netflix jumped 6.3% after the company’s per-share earnings came short of analysts’ expectations. Nevertheless, the latest quarterly results showed the streaming service added millions more subscribers in the quarter than Wall Street anticipated. The company also announced that co-CEO Reed Hastings would step […]
Dimon says Congress shouldn’t play games with U.S. creditworthiness
Jamie Dimon, President, CEO & Chairman of JP Morgan Chase, speaking on Squawk Box at the WEF in Davos, Switzerland on Jan. 19th, 2023. Adam Galica | CNBCJPMorgan Chase CEO Jamie Dimon said Thursday that politicians should be serious about the debt ceiling as Congress remains locked in a political fight to increase the U.S. borrowing limit.”We should […]
Norwegian Cruise Line, Allstate, Roblox and more
A Norwegian Gateway cruise ship leaves from the Manhattan port during sunset in New York City, United States on April 10, 2022.Tayfun Coskun | Anadolu Agency | Getty ImagesCheck out the companies making the biggest moves midday:Norwegian Cruise Line — Shares sunk more than 6% after the cruise ship operator reported in a filing with […]
Roblox, Discover, Chegg and more
A man photographs a Roblox banner displayed, to celebrate the company’s IPO, on the front facade of the New York Stock Exchange (NYSE) in New York, March 10, 2021.Brendan McDermid | ReutersCheck out the companies making headlines in premarket trading.Roblox — Roblox shares fell 6.7% after Morgan Stanley downgraded the gaming company to underweight from […]
Investors are holding near-record levels of cash and may be poised to snap up stocks
Dollar banknotes.Simpleimages | Moment | Getty ImagesInvestor cash holdings are near record highs, and that could be good news for stocks since there is a wall of money ready to come right back into the market.But the question is this: Will those investors return any time soon, especially with sentiment still so sour and stocks […]
Discover Financial, Alcoa and more
An aluminum coil stands in a warehouse awaiting transport, at an Alcoa World Alumina Australia smelting plant, partially owned by Alumina Ltd., in Point Henry, Australia.Carla Gottgens | Bloomberg | Getty ImagesCheck out the companies making headlines in after-hours trading.Discover Financial Services — Shares of Discover Financial Services slid 6.2% after the credit card company […]
Microsoft, Moderna, Mobileye, Chegg and more
Microsoft Corporation headquarters at Issy-les-Moulineaux, near Paris, France, April 18, 2016.Charles Platiau | ReutersCheck out the companies making headlines in midday trading.J.B. Hunt Transport Services — The transportation stock jumped 4% after executives said on an earnings call that they expect to see the freight market rebound in second quarter going into third quarter as […]
Premarket stocks: The world has a major debt problem. Is a reset coming?
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN — The world is in debt. A record amount of debt. Three hundred trillion dollars, […]