Check out the companies making headlines in after-hours trading. Five Below — Five Below shares tumbled nearly 9% after the discount retailer announced in a press release that its chief executive officer, Joel Anderson, had stepped down “to pursue other...
Check out the companies making headlines in midday trading. Charles Schwab – The financial services giant slid more than 10% following its second quarter results. The firm reported adjusted earnings of 73 cents per share and revenue of $4.69 billion. These just barely...
Bank of America on Tuesday said second-quarter revenue and profit topped expectations on rising investment banking and asset management fees.Here’s what the company reported:Earnings: 83 cents a share vs. 80 cents a share LSEG estimateRevenue: $25.54 billion vs....
Ray Dalio believes gold deserves a significant portion of one’s portfolio, saying the precious metal is still appealing even at record highs. “Gold is an effective diversifier, meaning that if you take the classic mix of assets, and you have a particular...
Federal Reserve Bank Chair Jerome Powell speaks during a House Financial Services Committee hearing on the Federal Reserve’s Semi-Annual Monetary Policy Report at the U.S. Capitol on July 10, 2024 in Washington, DC. Bonnie Cash | Getty ImagesTraders are now...