News
Check out the companies making headlines in midday trading: Bath & Body Works — Shares of Bath & Body Works sank 14% and headed for their worst day since 2021. The retailer beat first-quarter earnings and revenue estimates but offered disappointing second-quarter guidance. Bath & Body Works expects earnings to…
Indian Prime Minister Narendra Modi declared victory in the country’s election late on Tuesday, despite his party looking set to lose its outright majority, leaving him reliant on smaller regional parties.Ongoing vote counts suggest that Modi’s Bharatiya Janata Party (BJP) is likely to win just 239 seats — down from…
Chevron Stock Outperformed Amid Recent Worries Chevron Corporation (NYSE:CVX) investors have endured a challenging few weeks as underlying crude oil futures (CL1:COM) (CO1:COM) have continued to suffer from bearish market sentiments. OPEC+’s extension of its voluntary cuts also sent mixed signals to the market, with plans to “start unwinding output…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. The Nasdaq rose Monday — led by Nvidia ‘s more than 3.5% gain after CEO Jensen Huang unveiled a new suite of artificial intelligence chips…
Paramount and Skydance have agreed to terms of a merger, CNBC’s David Faber reported Monday. A deal could be announced in the coming days, he said.A Paramount special committee and the buying consortium — David Ellison’s Skydance, backed by private equity firms RedBird Capital and KKR — agreed to the terms.…
Barrick Gold Stock Outperformed Barrick Gold Corporation (NYSE:GOLD) investors have finally felt vindicated. Since my last bullish GOLD update in March 2024, GOLD stock has significantly outperformed the S&P 500 (SPX) (SPY). I reminded GOLD investors that more robust price realizations are expected to support buying sentiments, underscoring my conviction…
Framery has roughly 400 employees around the world, but its roots in Finland run deep throughout its work culture that promotes worker engagement and satisfaction.Finland, after all, is the happiest country in the world for the seventh year running, according to the latest World Happiness Report.So it’s not surprising that open communication, teamwork…
Did you have your finances totally figured out when you were 18?Almost no one does. But at 18, Darren Thedieck had some ideas about where he wanted to be, and he ended up getting a few crucial things right.Thedieck started nerding out over investing in high school, reading the likes…
A while ago, I wrote a cautious article on the abrdn World Healthcare Fund (NYSE:THW) (formerly known as the Tekla World Healthcare Fund), noting that it appeared to be an amortizing ‘return of principal’ fund that should be avoided by investors. While some analysts claimed that the THW fund is…
VanEck CEO Jan van Eck sees a major sentiment shift underway in the cryptocurrency market linked to the U.S. Securities and Exchange Commission’s approval of a rule change allowing for Ethereum exchange-traded funds.”This is really one of the most amazing things that I’ve seen in my career with respect to…