Check out the companies making headlines in midday trading: Boeing , Lockheed Martin — Defense contractor Lockheed Martin sold off around 5.8% after Bloomberg News reported that President Donald Trump chose Boeing instead for a contract to create the next-generation...
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City. Spencer Platt | Getty ImagesStock market corrections are commonFirst, there is some consolation for investors. Though they may feel painful, stock market corrections are fairly...
Check out the companies making headlines in premarket trading: FedEx — Shares tumbled more than 8% after the parcel delivery company slashed its full-year guidance , citing “weakness” in the U.S. industrial economy. FedEx now said to expect between $18 and...
Urban buildings in Huai’an city, Jiangsu province, China, on March 18, 2025.Cfoto | Future Publishing | Getty ImagesBEIJING — UBS analysts on Wednesday became the latest to raise expectations that China’s struggling real estate market is close to...
Jeffrey Gundlach speaking at the 2019 SOHN Conference in New York on May 5, 2019.Adam Jeffery | CNBCDoubleLine Capital CEO Jeffrey Gundlach said Thursday there could be another painful period of volatility on the horizon as the fixed income guru sees...
Check out the companies making headlines in extended trading: FedEx — Shares slipped more than 4% after the shipping company reported an earnings miss in the fiscal third quarter. FedEx posted adjusted earnings of $4.51 per share, while analysts polled by LSEG had...
Investor Danny Moses, who made a killing betting against mortgage-backed debt before the 2008 crash, said Thursday the market is mistakenly failing to discount the negative effect from federal spending cuts spearheaded by the Department of Government Efficiency....
Fang Dongxu/VCG via Getty ImagesThere was an oft-repeated message in Federal Reserve chair Jerome Powell’s press conference on Wednesday: Tariffs will raise consumer prices.The U.S. central bank raised its inflation forecast for 2025, as have many economists,...
Check out the companies making headlines in midday trading: Accenture — Shares dropped 7% after the consulting giant reported lackluster fiscal second-quarter results. The company earned $2.82 per share on revenue of $16.66 billion. Analysts polled by FactSet expected...
American households are allocating so much money to U.S. stocks that the valuation of the whole market is now dependent on their appetite, according to JPMorgan. Individual investors have become the most important holder of U.S. equities, owning around 60% of the...