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Tag: General Electric Co

India’s streets sit empty, global cases near 500,000

India’s streets sit empty, global cases near 500,000

This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks.  Global cases: More than 492,000 Global deaths: At least 22,000 US cases: At least 69,000 US deaths: At least 1,000 The data […]

CVS to hire 50,000, Surgeon General warning

CVS to hire 50,000, Surgeon General warning

This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks.  Global cases: More than 353,000 Global deaths: At least 15,000 US cases: At least 35,000  US deaths: At least 470 The data […]

GOP bill fails in key Senate procedural vote

GOP bill fails in key Senate procedural vote

A massive funding package to combat the impact of coronavirus did not get enough votes in a key Senate procedural vote Sunday evening. The stalemate came hours after Democratic leaders warned that the bill did too much to bail out companies and not enough to help workers. Stock futures cratered as the two parties failed to […]

ViacomCBS, E-Trade, Zillow, IMAX & more

ViacomCBS, E-Trade, Zillow, IMAX & more

Take a look at some of the biggest movers in the premarket: ViacomCBS (VIAC) – In its first earnings report since the merger of Viacom and CBS was completed in December, the company reported quarterly earnings of 97 cents per share, below the consensus estimate of $1.44 a share. Revenue was also below Wall Street […]

Dow record, Charlie Munger on Tesla, Apple jumps

Dow record, Charlie Munger on Tesla, Apple jumps

This is a live blog. Check back for updates. 4:01 pm: Dow rallies 270 points to a record The Dow jumped about 276 points to hit a record close on Wednesday, lifted by solid gains from UnitedHealth and Nike. Apple also rallied 2.4%. The gains brought the blue-chip index’s month-to-date rise to 4.5% as investors […]

Dow down 300, coronavirus names fall, Uber best day ever

Dow down 300, coronavirus names fall, Uber best day ever

This is a live blog. Check back for updates. 3:20 pm: Casper shares fall below its IPO price on second day of trading Shares of Casper plunged about 16% to $11.34 in afternoon trading, dipping below its IPO price of $12 per share. In its market debut on Thursday, the online mattress maker’s stock opened […]

Boeing’s new CEO Calhoun has little margin for error in 737 Max scandal

Boeing’s new CEO Calhoun has little margin for error in 737 Max scandal

Dave Calhoun, Chairman of Boeing Adam Jeffery | CNBC Boeing’s new CEO, Dave Calhoun, has a daunting to-do list when he takes the reins at the company’s Chicago headquarters on Monday: improving the plane-maker’s strained relationships with regulators and airline customers, winning back public trust and getting the 737 Max — grounded for almost a […]

Five biggest stocks dwarfing the market at ‘unprecedented’ level

Five biggest stocks dwarfing the market at ‘unprecedented’ level

It’s no secret that a handful of tech giants have been dominating the stock market, but their leadership has reached a level that is raising eyebrows on Wall Street as being unsustainable. The top five U.S. companies — Apple, Microsoft, Alphabet, Amazon and Facebook — now make up 18% of the total market capitalization of […]