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A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.Wealthy investors and family offices shied away from stocks leading up to market swings this week, but many saw…
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Aerospace veteran Robert “Kelly” Ortberg becomes Boeing’s new CEO on Thursday with a singular mission: restoring the reputation of a U.S. manufacturing icon.That enormous goal will involve thousands of daily decisions that will determine whether Boeing can earn back the trust of regulators, airlines and the public; end persistent production…
Initial claims for unemployment insurance totaled less than expected last week, countering other signs that the labor market is weakening.First-time filings for jobless benefits came to a seasonally adjusted 233,000 for the week, a decline of 17,000 from the previous week’s upwardly revised level and lower than the Dow Jones…
Siemens Aktiengesellschaft (OTCPK:SIEGY) Q3 2024 Earnings Conference Call August 8, 2024 3:00 AM ET Company Participants Tobias Atzler – IRRoland Busch – CEORalf Thomas – CFO Conference Call Participants Andrew Wilson – JP MorganJames Moore – Redburn AtlanticAndre Kukhnin – UBSGael de-Bray – Deutsche BankMax Yates – Morgan StanleyPhil Buller…
Check out the companies making headlines before the bell. Disney — Shares were down about 1% after the media giant reported quarterly results that beat analyst expectations, thanks in part to strong performance at its streaming unit. The company earned $1.39 per share, excluding items, on revenue of $23.16 billion.…
Shipping giant Maersk, considered a barometer for global trade, is not seeing signs of a U.S. recession as freight demand remains robust, the company’s chief executive said Wednesday.”We’ve seen in the last couple of years, actually, [the shipping container] market remaining surprisingly resilient to all the fear of recessions that…
I am initiating coverage on DexCom, Inc. (NASDAQ:DXCM) following its Q2 2024 earnings release on Thursday, July 25th. DexCom, Inc. is a medical device company focused on insulin monitoring, specifically continuous glucose monitors that help track insulin levels throughout the day. The company’s revenue is generated primarily from sales of…
Shortly after the opening bell, we will be buying 75 shares of Advanced Micro Devices at roughly $135.30 and 25 shares of Eaton at roughly $274.48. Following the trades, Jim Cramer’s Charitable Trust will own 425 shares of AMD, increasing its weighting to 1.85% from 1.53%, and 300 shares of Eaton,…
Vice President Kamala Harris chose Minnesota Gov. Tim Walz as her Democratic running mate for the 2024 presidential election, three people familiar with the choice tell NBC News. The two are scheduled to appear together later in the day Tuesday in Philadelphia.Walz, 60, in the past two weeks has been…