Noam Galai | Getty Images Entertainment | Getty Images AMC Entertainment CEO Adam Aron has set an optimistic target for the 2021 domestic box office. During an earnings call Monday, Aron said AMC could post positive cash flow at the theater level as soon as the fourth quarter if the […]
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Stock futures are flat after Dow, S&P close at all-time highs
U.S. stock index futures were flat during overnight trading on Tuesday, after the Dow and S&P 500 closed at record highs following the Senate passing the $1 trillion infrastructure bill. Futures contracts tied to the Dow Jones Industrial Average were slightly higher. S&P 500 futures and Nasdaq 100 futures were […]
WHO says it urgently needs $7.7 billion to help poorer nations survive delta Covid variant
Director general of the World Health Organization Tedros Adhanom Ghebreyesus on July 28, 2021. Jaber Abdulkhaleg | Anadolu Agency | Getty Images The World Health Organization is calling for $7.7 billion that officials say is urgently needed to help low-income countries survive the delta Covid variant by providing vaccines, oxygen […]
SPAC deals face mounting lawsuits and regulation risks: CNBC After Hours
CNBC.com’s Pippa Stevens brings you the day’s top business news headlines. On today’s show, CNBC.com markets reporter Yun Li explains the surge in lawsuits involving SPACs. Plus, the U.S. Senate passes the long-awaited infrastructure bill. SPAC lawsuits jump in another sign of suspect deal-making for the once red-hot space SPACs […]
Doximity shares jump after digital health company says revenue doubled in first report since IPO
Jeff Tangney, CEO, of Doximity at the New York Stock Exchange for their IPO, June 24, 2021. Source: NYSE Doximity jumped as much as 10% in extended trading on Tuesday after the online health company, which held its stock market debut in June, said quarterly revenue doubled. Here’s how the […]
Coinbase profits surge following volatile stretch of cryptocurrency trading
Coinbase shares rose as much as 2.1% in extended trading Tuesday after reporting second-quarter revenues that were stronger than analysts had expected. Here’s how the largest cryptocurrency exchange in the U.S. did versus expectations per Refinitiv estimates: Revenue: $2.23 billion vs. $1.78 billion expected Earnings: $3.45 per share, adjusted, which […]
Stocks making the biggest moves after hours: Coinbase, Poshmark, FuboTV & more
Poshmark Inc. signage outside the Nasdaq MarketSite during the company’s initial public offering (IPO) in New York, U.S., on Thursday, Jan. 14, 2021. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in after-hours trading. Poshmark — Shares of the retailer dipped nearly 7% in extended […]
Elizabeth Warren wants the $3.5 trillion budget plan to help the IRS target ‘wealthy tax cheats’
US Senator Elizabeth Warren, Democrat of Massachusetts, speaks to reporters prior to a vote on an elections reform bill at Capitol Hill, June 22, 2021, in Washington, DC. Olivier Douliery | AFP | Getty Images Three U.S. senators, led by Massachusetts progressive Elizabeth Warren, on Tuesday called for the Democrats’ […]
Kathy Hochul to become New York’s first female governor, replacing Andrew Cuomo after his resignation
Kathy Hochul, New York’s lieutenant governor, was catapulted into the national spotlight Tuesday when Gov. Andrew Cuomo abruptly announced his resignation amid a growing sexual harassment scandal. In two weeks, Hochul will become the first woman ever to lead the state of New York, when Cuomo’s resignation takes effect and […]
66% of Americans are thinking about changing jobs. Here’s what you should do with your 401(k) if you make the switch
If you are like most Americans, you might be dreaming about a new job. A staggering 66% of Americans are interested in finding a new employer, according to a recent Personal Capital survey, conducted in partnership with The Harris Poll. Before you put in your two weeks’ notice, you might […]