Crypto prices rose on Friday following two down days in which investors rotated out of risk assets.Bitcoin was last higher by 4.7% at $67,799.17, according to Coin Metrics, and ether advanced 4.5% to $3,262.76.In equities, the tech-heavy Nasdaq Composite and...
NBA Commissioner Adam Silver at the Allen & Company Sun Valley Conference on July 10, 2024 in Sun Valley, Idaho.David Grogan | CNBCWarner Bros. Discovery sued the NBA on Friday as it tries to maintain broadcast rights for a package of...
Nvidia 's slump is hitting some technical milestones that suggest the stock could continue to slide, according to Raymond James. Shares of the dominant maker of chips used in artificial intelligence are down about 8% in July. Raymond James chart...
Bread Financial , once home of the 5.25% yield on a 1-year certificate of deposit, has dialed back its rate. The financial institution recently dialed back its annual percentage yield for its 1-year CD to 5.15%. Though the deal is...
Dexcom shares sank more than 40% on Friday and headed for their worst day ever after the diabetes management company reported disappointing revenue for the second quarter and offered weak guidance. The stock fell $45.38 to $62.47 as of early...
Check out the companies making headlines in midday trading: 3M — The stock skyrocketed more than 18% to hit a 52-week high after the maker of office supplies and adhesives reported stronger-than-expected quarterly results. 3M posted second-quarter adjusted earnings of...
Improving news on inflation again has raised investors' hopes that the Federal Reserve soon will start to aggressively lower interest rates. Following Friday's Commerce Department report that the annual inflation rate as gauged by the Fed's favorite measure had cooled...
Ryan Reynolds and Hugh Jackman star in Marvel's "Deadpool and Wolverine."DisneyDisney and Marvel's "Deadpool & Wolverine" has secured $38.5 million in Thursday previews and is on pace for a domestic debut north of $150 million, which would be a record...
The Nasdaq-100 has seen significant profit taking as many investors have trimmed their exposure to the Mag 7. I believe there is more unwinding for the Nasdaq-100, which is tracked by the Invesco QQQ Trust ETF , as we continue...
Shares of some companies reporting quarterly results next week, including Amazon and T-Mobile , could get a post-earnings bump. These names could be a bright spot in the broader market after a rough week. Disappointing reports from a couple megacap...
