Business

A couple sits in front of a television with the Netflix logo on it.Picture Alliance | Picture Alliance | Getty ImagesNetflix's second-quarter earnings report contained no bombshells, and that's just fine for the company and its investors.In…

Abbott Labs delivered a second-quarter earnings beat on Thursday, but the company's ongoing litigation over its baby formula — plus softer guidance for the current quarter — is dragging down shares. We view the pullback as an opportunity.…

The Netflix logo is displayed above its corporate offices on January 24, 2024 in Los Angeles, California. Mario Tama | Getty ImagesNetflix reports its second-quarter earnings after the bell on Thursday, and Wall Street will be paying close…

BARCELONA, SPAIN - FEBRUARY 26: A logo sits illuminated at the Nokia booth in the Mobile World Congress 2024 on February 26, 2024 in Barcelona, Spain. (Photo by Xavi Torrent/Getty Images)Xavi Torrent | Getty Images News | Getty ImagesShares…

A worker at a Volvo car store introduces the Volvo xc60 and other models via a live streaming in Shanghai, China, March 18, 2024.Cfoto | Future Publishing | Getty ImagesShares of Volvo Cars rose sharply on Thursday after the company…

TSMC offices in San Jose, California, US, on Thursday, April 18, 2024.David Paul Morris | Bloomberg | Getty ImagesTaiwan Semiconductor Manufacturing Company on Thursday beat revenue and profit expectations in the second quarter, as demand…

During the Investing Club's Monthly Meeting on Wednesday, Jim Cramer highlighted the portfolio stocks that would be helped by another Trump presidency.

United Airlines planes at Denver International Airport.Leslie Josephs | CNBCUnited Airlines' second-quarter profit rose more than 20% from last year as strong demand for international travel boosted the carrier's results, but its…

It's been another great run for stocks since the Club's last monthly meeting in June. The likelihood the Federal Reserve will lower interest rates sooner than later after recent upbeat inflation data pushed stocks to new highs over the past…

Golden Horn and Bosphorus at sunset, Istanbul, TurkeyMatteo Colombo | Digitalvision | Getty ImagesTurkey came out miles ahead of the rest of the world in an annual global wealth ranking — in a result that may come as surprising, given the…

A Samba shoe on Oct. 12, 2023, in Berlin, Germany. Thomas Trutschel | Photothek | Getty ImagesShares in Adidas rose on Wednesday after the company announced it would hike its full year 2024 earnings guidance following better-than-expected…

ASML logo is seen at the headquarters in Veldhoven, Netherlands, June 16, 2023.Piroschka Van De Wouw | ReutersASML reported second-quarter earnings and sales that beat forecasts, as interest in artificial intelligence chips drives up demand…

Republican presidential nominee and former U.S. President Donald Trump raises his fist during Day 1 of the Republican National Convention (RNC) at the Fiserv Forum in Milwaukee, Wisconsin, U.S., July 15, 2024. Elizabeth Frantz |…

A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024.Brandon Bell | Getty ImagesSpirit Airlines said Tuesday it would post a…

The International Monetary Fund warned Tuesday that upside risks to inflation have increased, calling into question the prospect of multiple Federal Reserve interest rate cuts this year. In its latest World Economic Outlook update, the IMF…

Morgan Stanley on Tuesday reported second-quarter results that largely exceeded Wall Street expectations — though weakness in one key segment warrants closer monitoring even as the stock shook off earlier declines. Revenue for the three…

Seen through the branches of trees in Ruskin Park are the lit porches of terraced period homes and in the distance, the growing development at Nine Elms, on 14th May 2024, in London, England. Richard Baker | In Pictures | Getty ImagesLONDON…

Ted Pick, co-president of Morgan Stanley, speaks during a Bloomberg Television interview in New York, US, on Thursday, Oct. 26, 2023. Jeenah Moon | Bloomberg | Getty ImagesMorgan Stanley said second-quarter profit and revenue topped…

CEOs from left, Charles Scharf, Wells Fargo, Brian Moynihan, Bank of America, and Jamie Dimon, JPMorgan Chase, testify during the Senate Banking, Housing, and Urban Affairs Committee hearing titled "Annual Oversight of Wall Street Firms,"…

Pedestrians walk past a German luxury fashion house Hugo Boss store in Shenzhen Bao'an International Airport.Alex Tai | SOPA Images | LightRocket | Getty Images)Hugo Boss shares plunged as much as 10% Tuesday after the company cut its sales…

Federal Reserve Chair Jerome Powell said Monday that the central bank will not wait until inflation hits 2% to cut interest rates.Speaking at the Economic Club of Washington D.C., Powell referenced the idea that central bank policy works…

Federal Reserve Chairman Jerome Powell is set to address the Economic Club of Washington, D.C. on Monday, as traders look for hints about when the central bank will cut interest rates. Powell will partake in a discussion with David…

Former US President Donald Trump during a campaign event at Trump National Doral Golf Club in Miami, Florida, US, on Tuesday, July 9, 2024.Eva Marie Uzcategui | Bloomberg | Getty ImagesWith markets in recent weeks cranking up their bets…

Pedestrians walk past a Burberry Group Plc store, left, in the Causeway Bay shopping district of Hong Kong.Xaume Olleros | Bloomberg | Getty ImagesShares in Burberry plunged over 15% in early trading on Monday after a disappointing…

David Solomon, Goldman Sachs interview with David Faber, September 7, 2023.CNBCGoldman Sachs is scheduled to report second-quarter earnings before the opening bell Monday.Here's what Wall Street expects:Earnings: $8.34 per share, according…

A home available for sale is shown on May 22, 2024 in Austin, Texas. Brandon Bell | Getty ImagesWhen Rachel Burress moved into her mother's house around a decade ago, it seemed like a short-term stop on the path to homeownership.The…

Prospective home buyers leave a property for sale during an Open House in a neighborhood in Clarksburg, Maryland on September 3, 2023.Roberto Schmidt | AFP | Getty ImagesIt's no secret that the housing market looks far different than it did…

We don't like to see guidance misses, but bank interest income estimates depend on interest rates, which Wells Fargo has no real control over.

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 Friday's key moments. U.S. stocks advanced Friday as the S & P 500 rebounded from its worst trading session…

Wells Fargo on Friday reported a 9% decline in net interest income, even though its second-quarter earnings and revenue exceeded Wall Street expectations.Here's what the bank did compared with Wall Street estimates, based on a survey of…