News
Shortly after the opening bell, we will buy 50 shares of Broadcom at roughly $142.47. Following the trade, Jim Cramer’s Charitable Trust will own 700 shares of AVGO, increasing its weighting in the portfolio to 3.16% from 2.94%. The stock market is headed for another rough day as concerns about…
Job growth in the U.S. slowed much more than expected during July and the unemployment rate ticked higher, the Labor Department reported Friday.Nonfarm payrolls grew by just 114,000 for the month, down from the downwardly revised 179,000 in June and below the Dow Jones estimate for 185,000. The unemployment rate…
By Tracy Chen, CFA, CAIA The world watched expectantly as China completed its Third Plenum of the 20th Party Congress, looking for signs of a potential end to exported deflation and weak domestic growth. However, unlike the Third Plenums of 1978 and 2013, which ushered in new chapters of economic…
High-performers and women aren’t getting quality feedback in the workplace, and it could be driving them to quit.That’s according to a new analysis of more than 13,000 performance reviews across 250 U.S. workplaces from Textio, an AI-powered writing platform for HR teams.Quality of feedback is different from whether it’s positive…
If the Federal Reserve is starting to set the table for interest rate reductions, some parts of the market are getting impatient for dinner to be served.”What is it they’re looking for?” Claudia Sahm, chief economist at New Century Advisors, said on CNBC just after the Fed concluded its meeting…
By Min Joo Kang Trade surplus narrowed in July due to a rebound in imports Export growth accelerated to 13.9% YoY in July (vs 5.1% in June, 18.4% market consensus) mainly due to favourable calendar effects. Adjusting for working days, average daily exports moderated to 7.1% in July from 12.4%…
Check out the companies making headlines before the bell. DuPont — Shares popped 5% on the back of better-than-expected results in the second quarter. The chemical maker earned 97 cents per share, excluding certain items, on revenue of $3.17 billion. Analysts expected a profit of 85 cents per share on…
Siemens Healthineers AG (OTCPK:SEMHF) Q3 2024 Earnings Conference Call July 31, 2024 2:30 AM ET Company Participants Marc Koebernick – Head-Investor RelationsBernd Montag – Chief Executive OfficerJochen Schmitz – Chief Financial Officer Conference Call Participants Hassan Al-Wakeel – BarclaysVeronika Dubajova – CitiDavid Adlington – JPMorganHugo Solvet – ExaneJulien Dormois -…
Berkshire Hathaway’s selling streak in its big Bank of America stake has extended to nine straight days, suggesting that Warren Buffett is not just trimming the longtime holding.The Omaha-based conglomerate sold a total of 18.4 million shares of the bank from Thursday to Monday for $767 million at an average…
My top 10 things to watch on Tuesday, July 30 1. Wall Street was mixed Tuesday, heading into the continued onslaught of tech earnings. Microsoft and Advanced Micro Devices are out after the bell. Artificial intelligence spending will be in focus as investors debate whether it is all worth it.…