Investing News

Key Takeaways Apple solidly beat analyst expectations for services revenue. Apple’s services revenue has a higher profit margin and is more stable than products revenue. Although Apple achieved a September quarter record, revenue nonetheless came up short of analyst predictions. Apple Earnings Results Metric Beat/Miss/Match Reported Value Analysts’ Prediction Adjusted Earnings Per Share Beat $1.24

Traders participate in financial markets by buying and selling stocks, futures, forex, and other securities, and by closing out positions with the intention of making small, frequent gains. Just as there are many types of investors, there are many types of traders, ranging from the small, independent trader working from a home office to the institutional player

In this article AMZN VZ INDIA – 2019/08/30: In this photo illustration a popular wireless communication application Verizon logo seen displayed on a smartphone. (Photo Illustration by Avishek Das | SOPA Images | LightRocket | Getty Images Verizon is partnering with Amazon to use the tech giant’s coming satellite internet system to expand rural broadband

Key Takeaways Revenue for AMD’s Enterprise, Embedded and Semi-Custom segment came in above expectations. The Enterprise, Embedded and Semi-Custom segment has been growing much faster than the company’s other main segment as processing chips are being embedded in more and more products. The segment’s sales were partly driven by EPYC processors as data center sales

Eric Glyman and Karim Atiyeh, cofounders of corporate card startup Ramp Corporate charge card start-up Ramp is going after publicly-traded competitor Bill.com with a free invoice management and payments platform, CNBC has learned. The start-up has grown rapidly this year by offering small and medium-sized businesses a cash back card paired with software that identifies

The holidays are a season of giving, but if you’re trying to stick to a budget this year, you’re likely looking for ways to reduce your spending while still giving your family and friends presents they’ll enjoy. That’s where your accumulated credit card rewards can come in. You can gift them to others, without having to

In this article WFC A Wells Fargo logo is seen at the SIBOS banking and financial conference in Toronto Chris Helgren | Reuters Wells Fargo is developing a virtual assistant to help it convert more retail banking customers into digital users, CNBC has learned. The assistant, named Fargo, will be able to execute tasks including

Pension vs. Social Security: An Overview There are many different types of income that retired folks draw on, depending on what their life was like during their working days. Two of the most widely-known income streams today include pensions and Social Security, two programs funded and structured in totally different ways. Pensions are typically workplace retirement plans, in

In this article AAPL IMAX Joel Anderson, CEO, Five Below  Scott Mlyn | CNBC The macroeconomic picture – and the longer-term expectations for certain stocks – is becoming clearer as earnings season continues. To that effect, some of the top Wall Street analysts have high hopes for Toast, Apple, Five Below, Freshworks and IMAX, according

Billionaire investor Paul Tudor Jones told CNBC on Wednesday he views cryptocurrencies right now as a better hedge against inflation than gold. “It would be my preferred one over gold at the moment,” Jones said in a “Squawk Box” interview. He added, “Clearly, there’s a place for crypto. Clearly, it’s winning the race against gold

Millennials are the next baby boomers: a group of people so economically valuable that advertisers drop their existing methods to cater to them. Per the U.S. Census Bureau, as of 2019, millennials only accounted for 25%-27% of the total population, which surpassed the baby boomers (those born between 1946 and 1964) population in numbers. With an estimated

In this article SWX Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016. David A. Grogan | CNBC Company: Southwest Gas Holdings (SWX) Business: Southwest Gas Holdings purchases, distributes, and transports natural gas in Arizona, Nevada and California. The company operates in two segments, Natural Gas Operations and Utility Infrastructure Services.

Starship prototype SN15 returns for a landing on May 5, 2021 after a high-altitude flight test. SpaceX Between Elon Musk’s two largest companies, investors and experts have a long-term favorite. Most “institutional investors and industry experts” surveyed by Morgan Stanley expect SpaceX to become more valuable than Tesla, and see it as a more attractive

The rising cost of a college degree has more students than ever borrowing to cover their expenses. While some students opt for loans from private lenders, as of March 2021, an estimated 42.9 million borrowers have Federal Direct Loans. Subsidized vs. Unsubsidized Federal Direct Loans may be subsidized or unsubsidized. Both types offer numerous benefits,

In this article GSBD A trader works on the floor of the New York Stock Exchange (NYSE) in New York, Sept. 20, 2021. Michael Nagle | Bloomberg | Getty Images Goldman Sachs just closed its second billion-dollar blank-check deal ever as the Wall Street firm seeks to change the struggling SPAC market by building a

Atlanta Federal Reserve President Raphael Bostic said Thursday that he sees an interest rate hike coming later in 2022 as he forecasts a growing economy and lasting inflation pressures. The central bank official told CNBC that he has “penciled in” a rate increase in “late third, maybe early fourth” quarter of 2022. The expectation puts

Although it may still be in its infancy, the potential for growth in the legal marijuana sector has many investors and taking notice. Funding platforms with the goal of supporting marijuana-related startups are on the rise, and many of them have Silicon Valley veterans at the helm. Among the primary factors now attracting investors to the still-fledgling cannabis

In this article TSLA The former president of electric vehicle giant Tesla said Thursday he would not bet against the company, noting that it’s emerging as a “formidable competitor” to automakers around the world after the company beat third-quarter earnings expectations. Currently not a Tesla investor, Jon McNeill told CNBC’s “Squawk Box” the stock is

Fixed-income giant Pimco has dabbled in cryptocurrencies and plans to gradually invest more in digital assets that have the potential to disrupt the financial industry, according to chief investment officer Daniel Ivascyn. “Now we’re looking at potentially trading certain cryptocurrencies as part of our trend-following strategies or quant-oriented strategies, then doing more work on the

The fast-food restaurant of the future may be able to detect your order in advance, cook it just the way you like it, and have it ready when you arrive (or bring it to your house). That’s if partnerships like the one between The Wendy’s Company (WEN) and Alphabet Inc.’s (GOOGL, GOOG) Google Cloud deliver