A visitor takes pictures in front of a wooden dragon themed sculpture displayed to celebrate the upcoming Lunar New Year inside the flower dome at Gardens by the Bay in Singapore on February 1, 2024. Roslan Rahman | Afp | Getty Images Millions of Chinese around the world are celebrating […]
CNBC News
Jim Cramer says Tuesday’s sell-off was based on ‘bad judgment’
CNBC’s Jim Cramer said Tuesday’s sell-off was a result of poor judgment on the part of shareholders. “The market won’t bottom all at once — there will be some stocks that will bottom tomorrow — but I think this is a sell-off based on bad judgment, not bad earnings or […]
Lyft shares pull way back after CFO corrects major earnings release error
Air travelers walk toward a Lyft pickup area at Los Angeles International Airport in Los Angeles on Aug. 20, 2020. Mario Tama | Getty Images Lyft shares initially soared in extended trading on Tuesday but pulled way back after the company’s finance chief acknowledged on an earnings call that the […]
House Republicans prepare to vote again on Mayorkas impeachment, bolstered by return of Scalise
U.S. Department of Homeland Security Secretary Alejandro Mayorkas holds a press conference at a U.S. Border Patrol station on January 08, 2024 in Eagle Pass, Texas. John Moore | Getty Images House Republicans are preparing to take another stab at impeaching Homeland Security Secretary Alejandro Mayorkas, a week after the […]
Jeff Bezos sells more than $2 billion in Amazon stock
Jeff Bezos. Emma McIntyre | Getty Images Entertainment | Getty Images Amazon founder and executive chairman Jeff Bezos sold roughly $2.08 billion of shares in the company over the past few days, according to a financial filing. The sales began Friday, the filing shows, and continued Monday. In total, Bezos […]
Airbnb reports better-than-expected revenue and beats on guidance
Brian Chesky, co-founder and chief executive officer of Airbnb Inc., at the Hope Global Forums annual meeting in Atlanta, Georgia, US, on Tuesday, Dec. 12, 2023. Dustin Chambers | Bloomberg | Getty Images Airbnb reported better-than-expected revenue for the fourth quarter on Tuesday and issued an optimistic forecast for the […]
Lyft shares jump on earnings beat, guidance
Air travelers walk toward a Lyft pickup area at Los Angeles International Airport in Los Angeles on Aug. 20, 2020. Mario Tama | Getty Images Lyft shares rose in extended trading on Tuesday after the ride-hailing company reported better-than-expected earnings and gave guidance that topped estimates. The stock initially soared […]
Pilots got their payday. Now flights attendants are pushing airlines for higher wages
CHICAGO, ILLINOIS – JANUARY 24: American Airlines workers picket at O’Hare International Airport on January 24, 2023 in Chicago, Illinois. The workers, mostly flight attendants with the Association of Professional Flight Attendants (APFA), were picketing to demand better working conditions as their contract negotiations continue. (Photo by Scott Olson/Getty Images) […]
Instacart to lay off 250 employees, or about 7% of the company, as part of restructuring
A smartphone with an Instacart logo displayed is seen in this illustration taken March 25, 2022. Dado Ruvic | Reuters Instacart on Tuesday announced it would lay off about 250 employees, or roughly 7% of the company, as part of a restructuring. The news came as the company reported fourth-quarter […]
Former Ron DeSantis Wall Street fundraiser to bolster Trump’s campaign war chest
Omeed Malik, CEO, Colombier Acquisition Corp at the New York Stock Exchange, June 17, 2021. Source: NYSE Veteran Wall Street executive Omeed Malik is planning to raise over $3 million and donate at least $100,000 in support of Donald Trump’s campaign, the latest backer of Florida Gov. Ron DeSantis‘ failed […]