Author: CNBC
-
If you have these 3 habits, you’re more resilient than most people, experts say
Everyone experiences unexpected hardships. You can bounce back and learn from them with an important soft skill: resilience. The more mentally resilient you are, the more quickly you can recover from challenges or persist in the face of them, according to Wharton psychologist Adam Grant. The trait helps you take smarter risks, beat burnout at…
-
Jim Cramer says Alphabet is a buy and the most undervalued large tech stock
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible.) Finishing the week strong: Friday’s market…
-
Florida real estate struggles as ‘motivated’ sellers flood market
Once a red-hot destination for out-of-state homebuyers, Florida is seeing its inventory of homes for sale skyrocket and price growth stagnate. “Florida is very unique,” Redfin’s chief economist Daryl Fairweather told CNBC’s “Last Call” on Wednesday. “It was one of the only markets that actually sustained price growth after interest rates went up, so I…
-
Stocks making the biggest moves after hours: eBay, Qualcomm, DoorDash, Carvana and more
Check out the companies making headlines in extended trading: DoorDash — Shares of the food delivery company tumbled 13% after its first-quarter report revealed a wider-than-expected loss. DoorDash lost 6 cents per share on $2.51 billion in revenue. Analysts surveyed by LSEG were expecting a loss of 4 cents per share on $2.45 billion in…
-
Carvana shares spike 30% as used car retailer posts record first quarter
Vehicles are seen on display at a Carvana dealership in Austin, Texas, on Feb. 20, 2023. Brandon Bell | Getty Images Shares of Carvana popped more than 30% during after-hours trading Wednesday after the automaker reported record quarterly results and turned a profit during the first quarter. Here is how the company performed in the…
-
Stocks making the biggest moves midday: Super Micro Computer, Starbucks, Pfizer and more
Check out the companies making headlines in midday trading. New York Community Bank — Shares of the beaten-down regional bank popped more than 31% after CEO Joseph Otting said in a release that “we have a clear path to profitability over the following two years.” The bank on Wednesday posted a quarterly loss of $335…
-
Luxury carmaker Aston Martin slumps 6% as losses nearly double
Exhibition of Aston Martin DB11 during the Turin Motor Show 2018. Stefano Guidi | LightRocket | Getty Images LONDON — Luxury carmaker Aston Martin on Wednesday reported widening losses in the first quarter, as the company stopped production of its core models ahead of a launch a new range of vehicles later this year. Shares…
-
Starbucks gets a price target cut after a brutal quarterly miss and light guidance
Starbucks shares plummeted Tuesday evening by roughly 11.5% after the coffee giant delivered a much weaker-than-expected quarter. The company also cut its outlook for fiscal 2024, leaving little room for optimism of a quick rebound in traffic at its stores. Revenue fell 2% year over year to $8.56 billion in the fiscal 2024 second quarter,…
-
Southwest cuts growth plans, warning effect of Boeing airplane delays will last into 2025
A Southwest commercial airliner takes off from Las Vegas on Feb. 8, 2024. Mike Blake | Reuters Southwest Airlines on Thursday posted a wider loss for the first quarter than the same period last year and warned that Boeing’s airplane delays will hamper its growth into 2025. The airline expects to grow capacity 4% this…
-
Watch CNBC’s Sunday livestream on the Iran-Israel conflict, jumping oil prices and market selloff
[The stream is slated to start at 6:00 p.m. ET. Please refresh the page if you do not see a player above at that time.] CNBC’s Sunday evening special livestream will prepare investors for the big week ahead amid a stock market selloff, an escalating Iran-Israel conflict and spiking oil prices. Subscribe to CNBC on…