Wall Street gained and the dollar found some reprieve overnight as risk aversion faded ahead of the Wednesday’s Asian trading session. The moves were attributed to talk that the Trump administration was moving ahead with its tax reform policy proposals. President Donald Trump’s aides and congressional leaders were reportedly in broad agreement over how corporate […]
Read moreAfter oil giant BHP Billiton sold off the rest of its U.S. shale holdings, CNBC’s Jim Cramer did not shy away from the massive impact he thought it would have on the overall industry. “From our point of view, is that these held-for-sale oil and gas assets will be the determinant of the entire pricing […]
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On a day where the major averages rallied and the FANG stocks bounced back, CNBC’s Jim Cramer wanted to track how one stock can have huge sway over the broader stock market. That’s why the “Mad Money” host went off the charts to see how Netflix, one-fourth of Cramer’s acronym for the stocks of Facebook, […]
Read moreMeg Whitman, the CEO of Hewlett Packard Enterprise, is still being pushed by Uber’s biggest investor as a candidate for the company’s open CEO position, according to two sources close to the matter. Whitman publicly denied she wanted the job on July 27 when she tweeted, “Uber’s CEO will not be Meg Whitman.” Tweet from […]
Read moreShares of Salesforce may have ticked down after thecompany’s earnings beat, but CEO Marc Benioff was entirely forward-looking when he discussed his cloud giant’s prospects with CNBC. “We’re really seeing this incredible new capability that’s driving so much growth in enterprise software, artificial intelligence, and Salesforce is the first to deliver artificial intelligence in all […]
Read moreCNBC’s Jim Cramer is the first to say that Tuesday’s rally is arguably as unimportant as Monday’s sell-off. “I want to say it had more substance given its magnitude,” the “Mad Money” host said. “But we are in a totally erratic moment in a totally erratic month where I truly believe one day never seems […]
Read moreAlexandra Dieck is known for touting the latest fashion trends on her blog Lexicon of Style. Later this week, she’ll be tackling a rather unexpected subject: golf. Dieck, 26, is among a handful of social media influencers hired by the PGA Tour to tout the sport to younger audiences during the Northern Trust tournament this […]
Read moreGoDaddy named chief operating officer Scott Wagner its new CEO on Tuesday, announcing that current CEO Blake Irving would retire at the end of this year. Irving will remain on the board through June 2018, the company said. Tech industry veteran Irving said with a clear trajectory for GoDaddy ahead, it was time to move […]
Read moreSalesforce reported its second quarter earnings on Tuesday after the bell, and the numbers came in above estimates. Despite the overall beat, Salesforce stock is down roughly 1.5% in after hours. Here are the most important numbers: Adjusted EPS: 33 cents vs. 32 cents per share expected by a Thomson Reuters consensus estimate Revenue: $2.56 […]
Read moreIntuit reported quarterly earnings and revenue that beat analysts’ expectations on Tuesday. Here’s how the company did compared to what Wall Street expected: EPS: 20 cents vs. 17 cents expected, according to Thomson Reuters Revenue: $842 million vs. $804.6 million expected, according to Thomson Reuters For the fiscal first quarter, the company said it expects […]
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