United Airlines (UAL) 3Q 2024 earnings
A United Airlines Boeing 737-MAX 8 aircraft departs at San Diego International Airport en route to New York on Aug. 24, 2024. Kevin Carter | Getty Images United Airlines said Tuesday that it is starting a $1.5 billion share buyback as the carrier reported higher-than-expected earnings for the busy summer travel season and forecast strong […]
Tom Brady to be part owner of NFL’s Las Vegas Raiders
National Football League owners approved Tom Brady as a minority owner of the Las Vegas Raiders on Tuesday. The seven-time Super Bowl champ bought about a 10% stake in the Raiders with his business partner, Knighthead Capital founder Tom Wagner. Brady and Wagner are buying into the Raiders at about a $3.5 billion valuation, with […]
Nvidia, AMD shares extend drops as investors get spooked — but should they be?
An ASML warning about the health of the semiconductor market is one factor weighing on AI chip stocks Tuesday — but one analyst says Nvidia investors shouldn’t be worried.
American consumers are increasingly underwater on their car loans
Cars sit in a Chevrolet dealership’s lot in Chicago on June 20, 2024. Scott Olson | Getty Images News | Getty Images DETROIT — A growing number of Americans with auto loans owe more than their vehicles are worth, according to a report Tuesday from Edmunds.com. The auto data and consumer research company reports the […]
‘Don’t be naïve’: I have a wake-up call for divorcing women — you’ve been giving up too much for too long. Am I wrong?
“You deserve what’s rightfully yours.”
Boeing to raise as much as $25 billion to shore up balance sheet
Boeing said Tuesday that it could raise as much as $25 billion in shares or debt over three years, a move to increase liquidity as the troubled manufacturer faces a more than monthlong machinist strike and problems throughout its aircraft programs. “This universal shelf registration provides flexibility for the company to seek a variety of […]
Bank of America (BAC) earnings Q3 2024
Brian Moynihan, CEO of Bank of America Heidi Gutman | CNBC Bank of America topped analyst estimates for third-quarter profit and revenue on better-than-expected trading results. Here’s what the company reported: Earnings: 81 cents vs. 77 cents LSEG estimate Revenue: $25.49 billion vs. $25.3 billion estimate The bank said Tuesday that net income fell 12% […]
Whether you vote for Harris or Trump, it’s a sure bet the stock market will thrive
Inflation could be a problem, but real growth and profits should be robust.
Goldman Sachs (GS) earnings Q3 2024
David Solomon, Chairman & CEO Goldman Sachs, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Adam Galici | CNBC Goldman Sachs is scheduled to report third-quarter earnings before the opening bell Tuesday. Here’s what Wall Street expects: Earnings: $6.89 per share, according to LSEG […]
Get ready for another mutual fund with a hedge-fund-style strategy. What investors need to know.
Eckhardt Trading Co., founded by longtime managed-futures trader Bill Eckhardt, is branching out into the mutual fund world with a strategy often associated with hedge funds.
