Check out the companies making headlines before the bell : FedEx — Shares popped 5.5% on the back of a better-than-expected earnings report for the fiscal first quarter. FedEx earned an adjusted $3.83 per share on $22.24 billion in revenue, while analysts polled by LSEG forecasted $3.59 per share and $21.66 billion. Intel — The…
Treasury Secretary Scott Bessent brushed off recent reports of heated arguments inside President Donald Trump’s administration, saying disputes were a part of the normal push-and-pull of policymaking. “Treasury secretaries dating back to Alexander Hamilton have a history of dueling,” Bessent joked Tuesday to CNBC’s “Squawk Box.” “I think with the President’s team, I turned out…
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching on Monday and what’s on the radar for Tuesday’s session. Record breakers Tomorrow morning our…
Check out the companies making headlines after the bell : Adobe — The design software maker’s shares rose nearly 3% in extended trading after the firm reported fiscal third-quarter results that topped analysts’ estimates. Adobe also hiked revenue guidance for its digital media business. RH — The luxury furniture maker saw shares drop 6% in…
Some of America’s top financial services executives are starting to issue warnings about the economy. Saying they’re seeing signs of “softening” or “weakening,” a slew of CEOs have been weighing in ahead of next week’s Federal Reserve decision and with the U.S. Bureau of Labor Statistics revising job numbers lower this week. In a Wednesday…
Check out the companies making headlines after the bell : Oracle — The tech old guard jumped 23% after reporting that multicloud database revenue from Amazon, Google and Microsoft grew at the rate of 1,529% in its last quarter. Shares surged despite the company also reporting fiscal first-quarter earnings and revenue that came in below…
The T. Rowe Price Technology Development Center in New York, US, on Monday, May 1, 2023. Bing Guan | Bloomberg | Getty Images T. Rowe Price shares rallied Thursday after the asset manager struck a $1 billion deal with Goldman Sachs to sell private market products to retail investors. Goldman will buy up to $1…
Stephen Miran, currently the Chairman of the Council of Economic Advisors, testifies before the Senate Banking, Housing and Urban Affairs Committee September 4, 2025 in Washington, DC. Win Mcnamee | Getty Images News | Getty Images Stephen Miran will take an unpaid leave of absence as the chair of the Council of Economic Advisors at the White…
Stephen Miran, U.S. President Donald Trump’s nominee to be chairman of the Council of Economic Advisers, sits on the day he testifies during a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., February 27, 2025. Annabelle Gordon | Reuters Stephen Miran, President Donald Trump’s nominee for the open…
Pepsi soft drinks are displayed at a convenience store in San Francisco, California. Justin Sullivan | Getty Images PepsiCo shares popped Tuesday after Elliott Investment Management took a significant stake as the activist investor sees a “rare” and “historic” opportunity for a turnaround in the iconic soft drink giant. Shares of PepsiCo climbed as much…
