My top 10 things to watch Thursday, June 13 Wall Street was largely higher Thursday after another cooler inflation report . Before the open, an unexpected producer price index drop in May followed Wednesday’s unchanged consumer price index. The S & P 500 and Nasdaq rallied to record highs on …
Kevin Mazur | Getty Images Entertainment | Getty Images Media giants are making their annual pitches to advertisers this week against the backdrop of significant disruption in the industry. The Hollywood writers and actors strikes are over, meaning Upfronts will likely be star-studded once again, major cost cutting is largely …
Barry McCarthy, president and CEO of Peloton Interactive, walks to a morning session at the Allen & Company Sun Valley Conference on July 06, 2022 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Peloton announced Thursday that CEO Barry McCarthy will be stepping down and the company will lay …
It was another ugly week for stocks. The S & P 500 and the Nasdaq on Friday extended their declines to six straight sessions, their worst losing streaks in more than 1½ years. The Nasdaq sank 2% on Friday as Netflix dropped nearly 11% post-earnings and Club stock Nvidia fell 10%, entering …
(This is CNBC Pro’s live coverage of Friday’s analyst calls and Wall Street chatter. Please refresh every 20-30 minutes to view the latest posts.) Netflix and a popular beauty stock were featured among Friday’s biggest analyst calls. Canaccord Genuity downgraded Netflix after the streaming giant posted its first-quarter results. Ulta …
First-quarter corporate earnings kick into high gear this week with some of the biggest U.S. banks and the leading streaming company slated to report. More than 35 S & P 500 companies are on deck to post their latest quarterly figures, including Goldman Sachs, Bank of America and Morgan Stanley. …