Stock Market

Check out the companies making headlines before the bell: Apple – Apple reported quarterly profit of $2.91 per share, above the consensus estimate of $2.78 a share. Revenue also beat expectations, however its shares are being pressured by weaker-than-expected iPhone shipment numbers, as well as a weaker-than-expected revenue forecast for the current quarter. Starbucks –

Check out the companies making headlines after the bell: Apple shares fell nearly 5 percent in after-hours trading despite releasing its fiscal fourth-quarter earnings report that beat expectations on the top and bottom lines. The company reported earnings of $2.91 per share compared to the $2.78 per share analysts expected. Apple reported $62.9 billion in

Check out the companies making headlines after the bell: Fitbit shares soared as much as 13 percent in after-hours trading after the company beat earnings and revenue expectations for the third quarter. The fitness tracker manufacturer reported earnings of 4 cents per share, while analysts had expected a loss of one cent per share. The

Check out the companies making headlines after the bell: Facebook shares initially fell, then turned positive and rose 2 percent in the extended session after the social media giant released a mixed third-quarter earnings report. The company reported earnings of $1.76 per share, higher than the Street’s $1.47 per share estimate. Facebook missed expectations on

Check out the companies making headlines after the bell: Akamai Technologies shares rose more than 4 percent in after-hours trading following a quarterly earnings report that beat expectations on the top and bottom lines. The Massachusetts-based technology company reported earnings of 94 cents per share, while analysts expected 83 cents per share. Akamai reported $670

Check out the companies making headlines before the bell: Comcast – The NBCUniversal and CNBC parent reported adjusted quarterly profit of 65 cents per share, 4 cents a share above estimates. Revenue also exceeded Wall Street forecasts. The company added 363,000 broadband customers and 288,000 cable customers during the quarter, with cable earnings growth its

When the chips are down, it sometimes spells trouble for the broader market, and that’s what’s worrying some investors this week. Several semiconductor companies are stumbling over their own problems, but collectively the sector’s sloppy performance and increasingly cautious outlooks are ringing warning bells for technology and the broader stock market. Advanced Micro Devices was

Check out the companies making headlines before the bell: Amazon.com – Amazon reported quarterly profit of $5.75 per share, well above the consensus estimate of $3.14 a share. The Street appears to be focusing on revenue that came in below forecasts, however, as well as disappointing fourth-quarter guidance. Alphabet – Alphabet earned $13.06 per share

Check out the companies making headlines after the bell: Amazon shares fell as much as 9 percent in after-hours trading after the company released a mixed third-quarter earnings report. The tech giant reported earnings of $5.75 per share, much higher than the $3.14 per share analysts expected. However, the company missed on revenue, reporting $56.58

Check out the companies making headlines after the bell: Tesla shares soared as much as 13 percent during after-hours trading as the company beat analysts estimates on earnings and revenue in its third-quarter results. Adjusted earnings per share were $2.90 a share, while analysts predicted a loss of 19 cents a share. In revenue, the

Check out the companies making headlines after the bell: Texas Instruments shares fell more than 5 percent during after-hours trading Tuesday as the company missed analysts’ estimates on revenue in its third quarter and announced weak fourth quarter guidance. The technology company reported $4.26 billion in revenue, missing analysts’ estimates of $4.3 billion. However, the

Check out the companies making headlines before the bell: Kimberly-Clark – The consumer products company named President and Chief Operating Officer Michael Hsu as its new CEO, effective in January. He’ll replace Thomas Falk, who had been CEO since 2002 and will become Executive Chairman. Separately, company reported adjusted quarterly profit of $1.71 per share,

Strategists expect China’s weakening currency to eventually fall through a key psychological level that could spark an even steeper drop and, no doubt, draw a new round of criticism from the Trump administration. The Treasury Department on Wednesday refrained from naming China a ‘currency manipulator’ in its biannual currency report, but it kept it on

Check out the companies making headlines after the bell: PayPal stock jumped more than 7% percent after the market-close on Thursday following the release of its third-quarter earnings report. The payment company beat on both its top and bottom lines, reporting earnings of 58 cents per share on revenue of $3.68 billion, vs. analyst estimates

Check out the companies making headlines before the bell: Procter & Gamble – The consumer products giant reported adjusted quarterly profit of $1.12 per share, exceeding estimates by 3 cents a share. Revenue also came in above Street forecasts and the company posted organic sales growth of 4 percent for its fiscal first quarter. Honeywell

When China’s stock market falls sharply, there’s a good chance U.S. stocks — and some big blue chip names like Goldman Sachs and Caterpillar — go down with it. The Shanghai Composite Index plunged 2.9 percent Tuesday, sending negative ripples through world markets. China stocks are now down 12 percent in October and 26 percent

As third-quarter reporting season approaches for automakers and suppliers, analysts have been shaving earnings forecasts for a group that has already been slammed by profit worries and trade war concerns. On Wednesday, Morgan Stanley warned about China exposure and cut earnings estimates for GM, Ford and Fiat Chrysler. Morgan analysts said they remained cautious on

Just ending the uncertainty around the midterm elections is likely to spark a relief rally, and strategists say it could be the start of a very good time for stocks, especially if Republicans hold onto both houses of Congress on Nov. 6. For weeks, the market has been pricing in a scenario where Republicans keep

Nuveen Asset Management chief stock strategist Bob Doll said the market is likely to re-test its lows before it can get back on the path to new highs. “I’d be surprised if it’s over,” said Doll, chief equity strategist and senior portfolio manager. “The Friday rally and price points were pretty good, but the internals—the

President Donald Trump has been unabashedly vocal in his criticism of the Fed’s interest rate hikes, but the president has been quiet on another important Fed policy that may also be a big factor behind the rise in longer-term rates that influence all sorts of loans, including home mortgages. On the surface, the Fed’s slow

After the wildest market week in months, investors are looking to U.S. corporate earnings season to soothe frayed nerves in the coming week. Stocks sold off sharply in the past week, and even with a bounce back on Friday, the S&P 500 was down 4.1 percent. A sudden jump in interest rates and worries about

If stocks are going to make a comeback Friday, it could have a lot to do with J.P. Morgan Chase. The bank, along with Wells Fargo and Citigroup, is set to release earnings. But J.P. Morgan, the crème of the banking sector is the one to watch, particularly during its conference call in the hour

The steepness of Wednesday’s stock market sell-off may have surprised investors, but a correction has actually been brewing in small cap and technology stocks all summer and the shakeout could continue. The latest trigger for the selloff was a jump in long-term interest rates, but strategists say the market is also concerned about trade wars

Check out the companies making headlines after the bell: Nio shares jumped more than 9 percent in after-hours trading, continuing the electric vehicle company’s 22 percent gain during the trading day. On Tuesday, investment management firm Baillie Gifford & Co. disclosed that it owns 85.3 million shares of Nio, an 11 percent stake in the

Check out the companies making headlines after the bell: Tesla shares rose 1 percent in after-hours trading after investment firm Macquarie gave the automaker an ‘outperform’ rating and a price target of $430. Tesla shares closed at $250.56 on Monday. Edwards Lifesciences stock rose 1 percent in the extended session after announcing the start of

David Swensen, who’s known as Yale’s ‘Warren Buffett’ because of his investing success with the university’s endowment, is making his first big bets on cryptocurrency following the recent swoon in the price of bitcoin and other digital currencies. Swensen, who is chief investment officer of Yale’s $29.4 billion endowment, has invested in two venture funds

Check out the companies making headlines before the bell: Snap – CEO Evan Spiegel told employees the company is focused on achieving profitability in 2019, according to a memo sent to employees seen by CNBC. The memo also outlined other problems with the company’s app and apologized for its redesign, which Spiegel said was “rushed.”

As the story goes, one day the legendary J. P. Morgan was walking along the beach with a client. Morgan pointed to all of the beautiful yachts at anchor in the harbor naming their prestigious owners. Reputedly, the client said: “Where are all the customers’ yachts?” Ironically, today one might switch the tale and ask

Check out the companies making headlines after the bell: Tesla stock dipped 2 percent in the extended session following a tweet by CEO Elon Musk that mocked the Securities and Exchange Commission, just days after the two reached a settlement to drop fraud charges against Musk. Musk tweeted shortly after the market close on Thursday,

Check out the companies making headlines after the bell: Cloudera shares jumped more than 18 percent and Hortonworks shares surged about 19 percent in after-hours trading after the two software companies announced a merger. The deal would be an all-stock merger of equals, and the companies expect to complete the transaction in the first quarter