In this photo illustration the Penn Entertainment logo seen displayed on a smartphone mobile screen. Raphael Henrique | SOPA Images | Light flare | Getty Images Penn Entertainment Thursday became the first US gambling company to post a profit in its sports betting business in the last three months of a year. Usually, it is …
Penn sports betting business posts fourth quarter profit Read More »
S&P 500 futures advanced late Wednesday as investors looked past the latest interest rate hike and comments from the Federal Reserve. Broad index futures added 0.4%. Nasdaq 100 futures gained 1%, helped by Meta stocks. Dow Jones Industrial Average futures were down 9 points, almost flat. Meta jumped more than 19% in extended trading after …
Nasdaq 100 futures rise, propelled by Meta stocks Read More »
Traders on the NYSE floor Source: NYSE Stock futures fell on Wednesday as investors anticipated Wednesday’s Federal Reserve meeting. Futures contracts linked to the Dow Jones Industrial Average lost 140 points or 0.4%. S&P 500 futures and Nasdaq Composite futures fell 0.4% and 0.3%, respectively. The Fed will announce at 2:00 p.m. (ET) how much …
Stock futures fall as traders await latest Federal Reserve rate hike decision Read More »
CNBC Pro: What a tech fund manager expects from Apple and Alphabet’s earnings this week Microsoft released a disappointing earnings forecast last week, but its stock has since risen. What does this mean for other Big Tech companies that should report earnings? Technology fund manager Jeremy Gleeson, who manages the £1.1 billion ($1.5 billion) AXA …
Asia-Pacific stocks, Fed, earnings, economic data Read More »
The IMF has revised its global economic outlook upwards. Norberto Duarte | AFP | Getty Images The International Monetary Fund on Monday upgraded its projections for global growth for the year, but warned that rising interest rates and Russia’s invasion of Ukraine were likely to weigh further on activity. In its latest economic update, the …
IMF raises global growth forecast as inflation slows Read More »
CNN — The Kansas City Chiefs are advancing to Super Bowl LVII following a 23-20 victory over the Cincinnati Bengals in the AFC Championship game on Sunday at Arrowhead Stadium in Kansas City, Missouri. After suffering a high ankle sprain last week in the Chiefs’ Divisional Round win over the Jacksonville Jaguars, Patrick Mahomes led …
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Stock futures traded lower on Monday morning as investors braced for a week of key corporate earnings and a possible Federal Reserve interest rate hike. Futures contracts linked to the Dow Jones Industrial Average slipped 178 points, or about 0.52%. S&P 500 futures fell 0.76% and Nasdaq 100 futures fell 1.1%. Wall Street is coming …
Stock futures fall ahead of busy earnings week, Fed meeting Read More »
Armed with impressive rewards and a loyal customer base, AmEx is a giant in the credit card industry. The company’s revenue has grown more than 32% since 2017, when adjusted for inflation, and the company’s shares have shown resilience and growth in a tumultuous market. “Rebate revenue,” or fees charged to merchants who accept its …
Here’s the real reason American Express offers such big rewards Read More »
The S&P 500 edged higher on Friday, but all major averages headed for a winning week fueled by better-than-expected economic growth and a pop from market darling Tesla. The benchmark traded up 0.2%, while the Nasdaq Composite gained 0.7%. The Dow Jones Industrial Average traded 44 points, or 0.1% higher. Earnings season continues, with strong …
S&P 500 rises slightly on Friday, but heads for a winning week Read More »
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, January 26, 2023. andrew kelly | Reuters Stock futures fell Friday morning as investors anticipate earnings and economic reports expected later in the day. Futures contracts linked to the Dow Industrial Average fell 42 points, or 0.12%. S&P 500 …
Stock futures fall after Dow Jones posts five-day winning streak Read More »