Marketing
- Gold Futures Rise as Geopolitical Conflicts Raise Safe-Haven Demand November 21, 2024Gold futures rose as intensifying geopolitical tensions between Russia and Ukraine have driven investors to seek out stable assets, XS.com said, while noting the rally hasn’t been as sharp as some traders expected, limited by the strength of the dollar.
- Turkish Lira Falls Ahead of Rate Decision November 21, 2024The Turkish lira was slightly weaker as investors turned cautious ahead of the latest policy decision from Turkey’s central bank, due at 1100 GMT.
- Oil Climbs on Geopolitical Concerns November 21, 2024Oil prices gained more than 1% in early European trade as growing concerns over escalating tensions between Russia and Ukraine offset an unexpected rise in U.S. crude stockpiles.
- Hong Kong Shares End Lower, Tech Stocks Lead Declines November 21, 2024The Hang Seng closed down 0.5%, with tech companies leading the declines and as investors focused on earnings, with Baidu slated to report results later Thursday.
- Thursday's Issuance Could Weigh on Eurozone Bonds Before Stabilization November 21, 2024Spanish and French supply looks set to weigh on eurozone government bond markets but stabilization is likely post-issuance, Commerzbank Research said.
- The WSJ Dollar Index Rises 0.4% to 100.82 November 20, 2024The WSJ Dollar Index was up 0.4% to 100.82 — snapping a three-trading-day losing streak.
- Nasdaq Slips; Nvidia's Sales Soar November 20, 2024U.S. stocks closed mixed before chip maker Nvidia released its quarterly results, beating expectations for sales and profit.
- Crypto Magnate Barry Silbert Pins His Comeback on AI November 20, 2024The Digital Currency Group founder is launching Yuma, a decentralized artificial-intelligence company.
- U.S. Natural Gas Futures Gain as Season Changes November 20, 2024U.S. natural gas futures rose for a fourth straight session as the market braced for a turn in the weather and the start of the storage withdrawal season.
- Gold Settles Higher, Silver Falls November 20, 2024Gold settled 0.8% higher, up for a third consecutive session, and silver fell 0.8%, snapping a two-session winning streak.
- U.S. Crude Oil Stockpiles Increase Amid Higher Imports November 20, 2024U.S. crude oil inventories rose last week as an increase in imports offset a decline in production, while refineries ran at a lower rate than the week before.
- Walmart and Target: A Tale of Two Retailers November 20, 2024Is Walmart a bellwether for other retailers or the Grinch that will steal Christmas from everyone else?
- Tariffs Aren't the Only Trump Threat Facing Asian Economies November 20, 2024Expectations of higher inflation resulting from Trump’s policies are pushing the dollar higher, creating problems for Asia’s central banks.
- Oil Prices Rise on Intensifying Geopolitical Concerns November 20, 2024Oil rose with crude on track to record gains for the third consecutive session on increasing geopolitical concerns and signs of increased demand, Exness said.
- Your Junk Is Needed for the New Electric Era November 20, 2024In remote Quebec, mining giant Glencore is turning America’s electronic trash back into treasure.
- Eurozone Bonds Could Face Headwinds on Better Risk Sentiment, Data November 20, 2024Bund yields were higher in early European trading and Commerzbank Research said risk-off dynamics were fading, although the underlying safety bid in German bonds was likely to linger.
- The WSJ Dollar Index Falls 0.1% to 100.45 November 19, 2024The WSJ Dollar Index was down 0.1% to 100.45 — down for three consecutive trading days.
- Nasdaq Rises 1%; Bond Yields Decline November 19, 2024The Nasdaq Composite climbed 1%, lifted by gains in investor darling Nvidia. The Nasdaq was trailed by the S&P 500, which added 0.4%. The Dow industrials fell 0.3%.
- U.S. Natural Gas Futures Rise on Demand Outlook November 19, 2024U.S. natural gas settled higher, testing the $3 level as prospects for heating demand pick up.
- Gold Bounceback Extends on Geopolitical Turmoil November 19, 2024Gold settled 0.6% higher, the second consecutive gain, after falling for six straight sessions last week. Prices are riding the wave of uncertainty coming from Ukraine’s usage of U.S.-made long-range missiles on targets in Russia — with Russia responding by changing its terms for nuclear response.
Business
- Hyundai reveals all-electric Ioniq 9 three-row SUV November 21, 2024Hyundai Motor's newest all-electric vehicle is the 2026 Ioniq 9 SUV a three-row, up to seven-passenger SUV for the U.S. market.
- McDonald's preparing a 2025 'McValue' offering November 20, 2024In its most recent quarter, McDonald's reported earnings and revenue that topped expectations, but saw its same-store sales fall globally by 1.5%.
- Comcast's cable network spinoff may be a signal to the media industry for necessary change November 20, 2024Comcast may be proceeding with a transaction as a signal to the rest of the media industry that consolidation is necessary.
- Target shares plunge 21% after discounter cuts forecast, posts biggest earnings miss in two years November 20, 2024Target missed on earnings and revenue even as it cut prices on thousands of items, including milk, diapers and toys, to try to attract discerning shoppers.
- American Airlines to shame boarding line cutters with new technology November 20, 2024American Airlines plans to roll out the new technology to 100 airports across the country.
- Utah Hockey Club is beefing up Salt Lake City's roster as a sports hub November 20, 2024The NHL's Utah Hockey Club is solidifying Salt Lake City as the next sports hub, with the help of a fast-growing economy and tech billionaire Ryan Smith.
- Comcast to spin off cable networks as subscribers flee the bundle November 20, 2024Comcast on Wednesday announced the spinoff of its cable networks, including CNBC, MSNBC and E!.
- Delta expects higher profits thanks to high-end travel and 'resilient economy' November 20, 2024Delta, the most profitable U.S. airline, expects to expand capacity by no more than 4% year-over-year in 2025.
- TJ Maxx parent says holiday shopping is off to a 'strong start,' but its guidance tells another story November 20, 2024TJX Cos. is continuing to grow sales as competitors like Target and Macy's struggle to win over shoppers.
- Delta CEO says Trump administration's approach to regulation could be 'breath of fresh air' November 20, 2024Delta CEO Ed Bastian said the Trump administration could address governmental "overreach" in regulation.
- Cleveland launches formal bid for a WNBA team November 20, 2024The Cavs said Thursday they and Rock Entertainment Group had formally submitted a proposal for a WNBA expansion team.
- The NHL has strict rules for how much teams can spend. Here's how it works November 20, 2024The NHL is one of two of the big four North American sports leagues with a hard salary cap.
- Mike Tyson, Jake Paul fight was the most-streamed sporting event ever, Netflix says November 20, 2024Netflix said 108 million global viewers tuned in for the fight between Tyson and Paul, a major test for the streamer in the live sports realm.
- NHL looks beyond U.S., Canada for league growth November 20, 2024International expansion means more robust recruiting, a bigger audience and more revenue and sponsorship opportunities.
- CNBC's Official NHL Team Valuations 2024: Here's how the 32 franchises stack up November 20, 2024The average NHL team is worth $1.92 billion, and recent transactions are commanding revenue multiples that rival deals done in the MLB.
- Disney debuts its latest cruise ship, Treasure, as part of a plan to double its fleet by 2031 November 20, 2024The Disney Treasure will make its maiden voyage in December, officially becoming the sixth ship in the company's cruise line.
- SpaceX completes sixth Starship flight, splashes down both booster and spacecraft November 19, 2024SpaceX launched its sixth Starship test flight to date on Tuesday.
- Walmart hikes its outlook again as shoppers spend more outside the grocery aisles November 19, 2024The discounter will deliver its latest sales results as inflation cools and the holiday season heats up.
- Lowe's beats on earnings and hikes guidance, but still expects sales to fall this year November 19, 2024Lowe's topped quarterly earnings and revenue estimates, but even its raised sales outlook would be a decline from last year.
- CVS, UnitedHealth, Cigna sue to block FTC case over insulin prices November 19, 2024The complaint is the latest move in a bitter legal fight between the U.S.'s three largest so-called pharmacy benefit managers, or PBMs, and the FTC.