In this photo illustration the Penn Entertainment logo seen displayed on a smartphone mobile screen. Raphael Henrique | SOPA Images | Light flare | Getty Images Penn Entertainment Thursday became the first US gambling company to post a profit in its sports betting business in the last three months of a year. Usually, it is …
Penn sports betting business posts fourth quarter profit Read More »
Futures linked to the Nasdaq-100 were higher on Thursday, boosted by net gains from Facebook’s parent meta-platforms. Nasdaq-100 futures gained 1.3%. S&P 500 futures jumped 0.5%. Futures contracts linked to the Dow Jones Industrial Average fell 43 points, or 0.1%. Meta jumped more than 19% in premarket trading after reporting a pace of growth in …
Nasdaq-100 futures rise as Meta rises in pace with quarterly earnings Read More »
US President Joe Biden, front, and Ursula von der Leyen, President of the European Commission. Bloomberg | Bloomberg | Getty Images The European Union is working against time to create a program that can compete with President Joe Biden’s unprecedented climate subsidies. But he will face two key problems in the process. The EU had …
Biden’s IRA left Europe blind. And playing catch-up could lead to 2 big mistakes Read More »
Traders on the NYSE floor Source: NYSE Stock futures fell Tuesday night as investors anticipated Wednesday’s Federal Reserve meeting. Futures contracts linked to the Dow Jones Industrial Average lost 48 points or 0.14%. S&P 500 futures and Nasdaq Composite futures were down 0.20% and 0.37%, respectively. The moves come after stocks surged to end January …
Stock futures fall as traders await latest Federal Reserve rate hike decision Read More »
CNBC Pro: What a tech fund manager expects from Apple and Alphabet’s earnings this week Microsoft released a disappointing earnings forecast last week, but its stock has since risen. What does this mean for other Big Tech companies that should report earnings? Technology fund manager Jeremy Gleeson, who manages the £1.1 billion ($1.5 billion) AXA …
Asia-Pacific stocks, Fed, earnings, economic data Read More »
The IMF has revised its global economic outlook upwards. Norberto Duarte | AFP | Getty Images The International Monetary Fund on Monday upgraded its projections for global growth for the year, but warned that rising interest rates and Russia’s invasion of Ukraine were likely to weigh further on activity. In its latest economic update, the …
IMF raises global growth forecast as inflation slows Read More »
Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading on January 26, 2023 in New York City. Michael M. Santiago | Getty Images Equity futures rose slightly in overnight trading as the S&P 500 looks to close out its best January since 2019. Futures tied to the S&P 500 …
Stock futures a little higher as S&P 500 heads for best January since 2019 Read More »
Stock futures traded lower on Monday morning amid a January rally as investors braced for the busiest week of earnings season and a possible interest rate hike of the Federal Reserve. Futures contracts linked to the Dow Jones Industrial Average slipped 237 points, or about 0.7%. S&P 500 futures fell 1% and Nasdaq 100 futures …
Dow futures drop 200 points as traders brace for busy earnings week, Fed rate decision Read More »
CNN — The Kansas City Chiefs are advancing to Super Bowl LVII following a 23-20 victory over the Cincinnati Bengals in the AFC Championship game on Sunday at Arrowhead Stadium in Kansas City, Missouri. After suffering a high ankle sprain last week in the Chiefs’ Divisional Round win over the Jacksonville Jaguars, Patrick Mahomes led …
Kansas City Chiefs to face Philadelphia Eagles in Super Bowl LVII Read More »
The S&P 500 edged higher on Friday, but all major averages headed for a winning week fueled by better-than-expected economic growth and a pop from market darling Tesla. The benchmark traded up 0.2%, while the Nasdaq Composite gained 0.7%. The Dow Jones Industrial Average traded 44 points, or 0.1% higher. Earnings season continues, with strong …
The S&P 500 rises slightly on Friday and heads for a winning week Read More »