Check out the companies making the biggest moves in premarket trading: Palantir Technologies — The defense technology stock jumped 6.8% after quarterly revenue exceeded $1 billion for the first time and it raised full-year guidance. Palantir now anticipates revenue for the year to range between $4.142 billion and $4.150 billion, up from prior guidance of…
The jobs report rocked Wall Street on Friday . But there’s another report that might put even more pressure on markets. The July reading of the Institute for Supply Management’s services index is set for release at 10 a.m. ET. Economists polled by Dow Jones expect a print of 51.2, indicating the U.S. services sector…
Piotr Swat | Lightrocket | Getty Images Yum Brands on Tuesday reported quarterly earnings and revenue that missed analysts’ expectations as Pizza Hut and KFC reported U.S. same-store sales declines. Here’s what the company reported for the period ended June 30 compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per…
Trump says JPMorgan Chase, Bank of America rejected him as a bank customer <
Russia’s President Vladimir Putin bids farewell to India’s Prime Minister Narendra Modi following their meeting at the Kremlin in Moscow, Russia July 9, 2024. Gavriil Grigorov | Via Reuters Russia on Tuesday weighed into the growing spat between India and the U.S., with the Kremlin saying New Delhi is free to choose its own trading…
A sample of Alaska Airlines’ new livery for its Boeing 787-9 Dreamliners. Source: Alaska Airlines: Alaska Airlines is starting flights from Seattle to London and Reykjavik, Iceland, next May, adding to its global expansion following its acquisition of Hawaiian Airlines last year. Alaska plans to fly daily between Seattle and London’s Heathrow Airport on its Boeing 787-9…
A Caterpillar (Cat) Excavator is seen working at a construction site near the New York Harbor in Brooklyn, New York, March 4, 2021. Brendan McDermid | Reuters Caterpillar reported a lower second-quarter profit on Tuesday due to sluggish construction equipment demand and warned of up to $1.5 billion hit from costs related to U.S. tariffs…
Exterior view of the Pfizer headquarters building on January 29, 2023 in New York City. View Press | Corbis News | Getty Images Pfizer on Tuesday hiked its full-year adjusted profit guidance on its cost cuts and strong business performance this year. The company also reported second-quarter results that topped Wall Street’s estimates for the…
U.S. Attorney General Pam Bondi speaks as she announces an immigration enforcement action during her first press conference at the Justice Department in Washington, D.C., U.S., Feb. 12, 2025. Craig Hudson | Reuters Attorney General Pam Bondi has directed Justice Department prosecutors to launch a grand jury investigation of whether Obama administration officials committed federal…
“Recession risks are higher than average,” Carmen Reinhart, Harvard professor and former chief economist at The World Bank, said in a recent episode of CNBC’s “The Bottom Line.” Reinhart pointed out that the U.S. is now in an era of more volatile markets, financial instability and higher interest rates, brought on primarily, she said, by…
