Check out the companies making headlines in after-hours trading. Akamai Technologies — Shares of the cloud computing company dropped almost 8% in the after-hours session after Akamai gave disappointing first-quarter guidance. Akamai said it sees first-quarter adjusted earnings ranging between $1.50 and $1.67 per share, compared to the $1.75 per share consensus estimate from analysts…
Investors looking to insulate themselves from artificial intelligence risks may want to consider certain dividend stocks, according to investor Jenny Harrington. In fact, dividend payers have been outperforming so far this year as investors rotate from large cap names into “old economy” stocks, she said. The iShares Select Dividend ETF is up nearly 11% year…
Andrew Mountbatten Windsor, younger brother of Britain’s King Charles, formerly known as Prince Andrew, leaves Aylsham Police Station on a vehicle, on the day he was arrested on suspicion of misconduct in public office, after the U.S. Justice Department released more records tied to the late financier and convicted sex offender Jeffrey Epstein, in Aylsham,…
Signs for Walmart (L) and Amazon. Getty Images For the first time, Amazon has dethroned Walmart as the company with the largest annual revenue. Walmart on Thursday reported annual revenue of $713.2 billion for its most recent fiscal year, shy of Amazon’s $716.9 billion in revenue. The milestone was brewing for months, as Amazon leapfrogged…
Stop trading! I mean it. We are seeing some of the most stupid moves during this earnings season, and the last 24 hours were among the dumbest. I usually do not comment on trading, as you know, because I am against it . We promote investing, which is about owning shares of a company over…
Canadian filmmaker James Cameron poses during a photocall for the opening of the exhibition entitled ‘The Art of James Cameron’ at the Cinematheque Francaise in Paris on April 3, 2024. Stephane De Sakutin | AFP | Getty Images Legendary “Titanic” director James Cameron is likening the theatrical experience to a “sinking ship” if Netflix acquires…
A long-awaited Supreme Court decision on presidential tariff authority could come as soon as Friday with implications for the world’s biggest consumer-facing companies. Before the high court is the issue of whether tariffs imposed by President Donald Trump under the International Emergency Economic Powers Act, or IEEPA for short, are legal. Friday is the earliest…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. 1. The S & P 500 fell Thursday as tensions brewed between the U.S. and Iran. With the geopolitical uncertainty on the rise, Jim Cramer said Thursday’s stock market sluggishness…
The future of the NBA’s media strategy was taking shape at this year’s All-Star weekend. The fanfare has always been about showcasing the league’s best players. But this year, the event was as much about the league’s partnership with content creators as it was on-the-court talent. More than 200 global creators took part in the…
Shares of Figma traded higher on Thursday, but were well short of the initial surge following earnings. The stock was up by as much as 15% after the bell on Wednesday, when the design software maker reported fourth-quarter results that beat analysts’ expectations and offered rosy guidance. Figma’s revenue grew 40% year over year to…
