Revolut CEO Nikolay Storonsky speaks onstage at the TechCrunch Disrupt conference in San Francisco, California. Kimberly White | Getty Images Revolut, the global fintech player valued at $33 billion, will soon offer commission-free stock trading to U.S. customers for the first time, CNBC has learned. The start-up is set to […]
CNBC News
Dow futures rebound more than 300 points following Monday’s big sell-off
U.S. stock futures bounced on Tuesday as investors bought the dip following the S&P 500’s worst day since May. Futures on the Dow Jones Industrial average rose 316 points, or 0.9%. S&P 500 futures gained 0.9% and Nasdaq 100 futures rose 0.7%. Asian markets were stabile overnight, helping sentiment in […]
Uber revises its outlook higher for the third quarter
Uber CEO Dara Khosrowshahi speaks at a product launch event in San Francisco, California on September 26, 2019. Philip Pacheco | AFP via Getty Images Uber on Tuesday revised its financial outlook for the third quarter, with bookings and adjusted profit now expected to be better than first reported. The […]
J&J says Covid booster shot is 94% effective in the U.S. when given two months after first dose
Johnson & Johnson‘s Covid-19 booster shot is 94% effective when administered two months after the first dose in the U.S., the company announced Tuesday, adding that the booster increases antibody levels four to six times higher than one shot alone. A J&J booster dose given six months out from the […]
How buy now, pay later became a $100 billion industry
Klarna logos displayed on a laptop and phone screen. Jakub Porzycki | NurPhoto via Getty Images Buy now, pay later is having a moment. Millions of shoppers now use a buy now, pay later, or BNPL, service to finance their purchases. And the options are more varied than ever — […]
Dow futures surge more than 350 points following Monday drop; Fed meeting ahead
U.S. stock futures were higher in early morning trading on Tuesday following a major sell-off on Wall Street that resulted in the S&P 500’s worst day since May. Dow Jones futures had jumped 370 points by 4.45 a.m. ET. S&P 500 futures and Nasdaq 100 futures both also traded in […]
Universal Music Group shares soar in market debut
Lady Gaga performs during the Pepsi Zero Sugar Super Bowl 51 Halftime Show at NRG Stadium on February 5, 2017 in Houston, Texas. Tom Pennington | Getty Images Sport | Getty Images Universal Music Group shares surged in its stock market debut Tuesday, in Europe’s largest listing of the year […]
Germany’s election race is too close to call as Socialists’ poll lead narrows
Construction workers place a barrier in front of an election campaign poster for Christian Democratic Union (CDU) party leader and candidate for Chancellor Armin Laschet. JOHN MACDOUGALL | AFP | Getty Images With just a handful of days until Germans vote in the federal election on Sunday, the latest poll […]
The first test for Evergrande’s debt crisis comes this week
Aerial photo taken on Sept. 17, 2021 shows a housing complex by Chinese property developer Evergrande in Huaian, China’s eastern Jiangsu province. Stringer | AFP | Getty Images The first test for Evergrande’s debt crisis comes this week — investors will be watching to see if the embattled Chinese property […]
Silicon Valley’s quest to live forever could benefit humanity as a whole — here’s why
Jeff Bezos pops champagne after emerging from the New Shepard capsule after his spaceflight on July 20, 2021. Blue Origin All things must die, according to the poet Alfred Lord Tennyson, but that could be about to change. A growing number of tech billionaires have decided they want to use […]