Check out the companies making headlines before the bell: Oracle (ORCL) – Oracle beat estimates by 2 cents a share, with quarterly profit of 90 cents per share. The business software giant’s revenue fell short of Wall Street estimates and its current-quarter earnings outlook falls largely below Wall Street forecasts. Separately, Chairman Larry Ellison said
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Traders work on the floor of the New York Stock Exchange. Spencer Platt | Getty Images News | Getty Images U.S. stocks on Friday were set to add to their Thursday rally as China and the U.S. neared the signing of a “phase one” trade deal, removing a key uncertainty for investors less than three
President Donald Trump delivers remarks at a Keep America Great Rally at the Rupp Arena in Lexington, Kentucky, November 4, 2019. Yuri Gripas | Reuters President Donald Trump is not expected to impose new tariffs on China this weekend, but he may not have much of a trade deal to show either. That promise, however,
[The stream is slated to start at 08:30 ET. Please refresh the page if you do not see a player above at that time.] Christine Lagarde is speaking in Frankfurt, Germany, for her first press conference as president of the European Central Bank. The former International Monetary Fund chief took the helm at the euro
Federal Reserve Chairman Jerome Powell made it clear the central bank will not move on interest rates unless it sees a significant and persistent move in inflation, which has been stubbornly below the Fed’s target. Markets took Powell’s comments as dovish, meaning the Fed is leaning toward an easing policy and keeping interest rates low
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a news conference following a Federal Open Market Committee meeting in Washington, D.C., on Wednesday, June 19, 2019. Andrew Harrer | Bloomberg | Getty Images This is a breaking news story. Please check back for updates. Federal Reserve Chairman Jerome Powell said on Wednesday that
The “Fast Money” traders shared their first moves for the market open. Pete Najarian was a buyer of Chevron. Karen Finerman was a buyer of Disney. Dan Nathan was a seller of Netflix. Guy Adami was a buyer of Roku. Disclosure Trader disclosure: Guy Adami is long CELG, EXAS, GDX, INTC. Guy Adami’s wife, Linda
Pedestrians pass a GameStop store in New York. Scott Mlyn | CNBC Check out the companies making headlines after the bell: Shares of GameStop tanked more than 20% during extended trading after the video game retailer reported a large third-quarter earnings miss. GameStop posted a loss of 49 cents per share excluding certain items on
GitLab CEO Sid Sijbrandij at company event in London GitLab GitLab, a developer of code-sharing software, took the unusual step of announcing a specific date when it plans to go public — Nov. 18, 2020. The day is significant because it marks “five years after the first people got stock options with 4 years of
Check out the companies making headlines before the bell: AutoZone (AZO) – The auto parts retailer earned $14.30 per share for its first quarter, better than the $13.74 per share consensus estimate. Revenue beat forecasts as well, and comparable-store sales rose 3.4% versus the 2.5% rise expected by analysts surveyed by Refinitiv. HD Supply (HDS)