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East West Bancorp — Shares ticked up 2.6% after UBS upgraded them to buy on the back of strong third-quarter results. McDonald's — Shares popped 2.8% after the fast-food giant reported a third-quarter earnings and revenue beat. Revenue was boosted by higher-than-expected student loan originations for the quarter, according to the company's earnings release. The upgrade comes after L3Harris reported better-than-expected third-quarter earnings last week. However, the firm thinks DraftKings will have trouble breaking out higher until the company "proves market share resilience" in 2024.
Persons: SoFi, originations, Raymond James, L3Harris, Cowen, DraftKings, — CNBC's Pia Singh, Michelle Fox, Hakyung Kim Organizations: East West Bancorp, UBS, Revenue, Oppenheimer, L3Harris, NewAmsterdam Pharma, RBC Capital Markets Locations: LSEG
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSoFi CEO: The bigger driver for Q3 was tech platform and personal loans, not student loansSoFi CEO Anthony Noto joins 'Squawk on the Street' to discuss the company's quarterly earnings results, technology platform guidance, and more.
Persons: Anthony Noto
With rates rapidly changing, how can you feel confident that you're getting the best savings account or best CD? Maximize your bonus by adding a personal checking account to earn up to an additional $600See more savings account bonuses »Leading Checking & Savings Combo Account BonusSofi Checking and SavingsEarn up to a $250 bonus with qualifying direct deposits for eligible customers through 12/31/2023. High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. A checking account is like a hub for your money: If your paycheck is direct deposited, it's typically to a checking account. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.
Persons: Banks, , Cash, we've Organizations: BMO, Cash, Products, Columbia, Savings, Mission Valley Bank, Newtek, United States, Federal Credit Union, Western Alliance Bank Locations:
With rates rapidly changing, how can you feel confident that you're getting the best savings account or best CD? Maximize your bonus by adding a personal checking account to earn up to an additional $600See more savings account bonuses »Leading Checking & Savings Combo Account BonusSofi Checking and SavingsEarn up to a $250 bonus with qualifying direct deposits for eligible customers through 12/31/2023. High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. CD rates aren't variable; the rate you get upon depositing your money is the rate you'll get for the length of your term. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.
Persons: Banks, , Cash, we've Organizations: BMO, Cash, Products, Columbia, Savings, Mission Valley Bank, Newtek, United States, Federal Credit Union, Western Alliance Bank Locations:
But in the end, it's fundamentals that drive earnings and earnings that drive stock prices. Looking ahead to next week, we'll get several important macroeconomic updates along with nine Club earnings reports. Economic releases Next week is Jobs Friday when we get the government's monthly nonfarm payrolls report. Club stock earnings Club name Caterpillar (CAT) reports third-quarter results before the opening bell Tuesday. DuPont (DD) is set to report earnings.
Persons: it's, we'll, nonfarm payrolls, We'll, Estee Lauder, Eli Lilly, BUD, Jerome Powell, Kraft Heinz, WEN, Papa John's, Dwight Co, Jim Cramer's, Jim Cramer, Jim, Brendan Mcdermid Organizations: Caterpillar, GE Healthcare, DuPont, Bausch Health, Starbucks, Apple Watch, VF Corp, GE HealthCare, Pfizer, JetBlue, Anheuser, Busch InBev, Devices, Caesars Entertainment, Cruise, CVS Health, Brinker International, Yum Brands, PayPal, Qualcomm, Mondelez, Novo Nordisk, Barrick, Penn Entertainment, Paramount Global, Marriott, Ferrari, Molson Coors, TAP, Coinbase, Natural Resources, Booking Holdings, International, Monster Beverage, Health, Resources, Dwight, Restaurant Brands, Sempra Energy, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange Locations: North America, China, New York City, U.S
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's been a 'decided tone shift' in markets, says SoFi's Liz YoungLiz Young, SoFi head of investment strategy, joins 'Squawk Box' to discuss the latest market trends, earnings season, the Fed's inflation fight, and more.
Persons: SoFi's Liz Young Liz Young
With rates rapidly changing, how can you feel confident that you're getting the best savings account or best CD? Maximize your bonus by adding a personal checking account to earn up to an additional $600See more savings account bonuses »Leading Checking & Savings Combo Account BonusSofi Checking and SavingsEarn up to a $250 bonus with qualifying direct deposits for eligible customers through 12/31/2023. High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. CD rates aren't variable; the rate you get upon depositing your money is the rate you'll get for the length of your term. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.
Persons: Banks, , Cash, we've Organizations: BMO, Cash, Products, Columbia, Savings, Mission Valley Bank, Newtek, United States, Federal Credit Union, Western Alliance Bank Locations:
Lightning Round: I'd be careful with Toast, says Jim Cramer
  + stars: | 2023-10-26 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: I'd be careful with Toast, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stocks including: Toast, CVS, HF Sinclair, Canadian Natural Resources, Exact Sciences and SoFi.
Persons: I'd, Jim Cramer Organizations: CVS, Sinclair, Natural Resources, Sciences
Cramer's Lighting Round: 'Stay away' from HF Sinclair
  + stars: | 2023-10-26 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Stock Chart Icon Stock chart icon Toast's year-to-date stock performance. Stock Chart Icon Stock chart icon CVS's year-to-date stock performance. Stock Chart Icon Stock chart icon HF Sinclair's year-to-date stock performance. Stock Chart Icon Stock chart icon Exact Sciences' year-to-date stock performance. Stock Chart Icon Stock chart icon SoFi's year-to-date stock performance.
Persons: I'd, It's, you've, I've, it's Organizations: CVS, Gillette, Resources, Sinclair
With rates rapidly changing, how can you feel confident that you're getting the best savings account or best CD? Maximize your bonus by adding a personal checking account to earn up to an additional $600See more savings account bonuses »Leading Checking & Savings Combo Account BonusSofi Checking and SavingsEarn up to a $250 bonus with qualifying direct deposits for eligible customers through 12/31/2023. High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. A checking account is like a hub for your money: If your paycheck is direct deposited, it's typically to a checking account. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.
Persons: Banks, , Cash, we've Organizations: BMO, Cash, Products, Columbia, Savings, Mission Valley Bank, Newtek, United States, Federal Credit Union, Western Alliance Bank Locations:
With rates rapidly changing, how can you feel confident that you're getting the best savings account or best CD? Maximize your bonus by adding a personal checking account to earn up to an additional $600See more savings account bonuses »Leading Checking & Savings Combo Account BonusSofi Checking and SavingsEarn up to a $250 bonus with qualifying direct deposits for eligible customers through 12/31/2023. High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. A checking account is like a hub for your money: If your paycheck is direct deposited, it's typically to a checking account. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.
Persons: Banks, , Cash, we've Organizations: BMO, Cash, Products, Columbia, Savings, Mission Valley Bank, Newtek, United States, Federal Credit Union, Western Alliance Bank Locations:
With rates rapidly changing, how can you feel confident that you're getting the best savings account or best CD? Maximize your bonus by adding a personal checking account to earn up to an additional $600See more savings account bonuses »Leading Checking & Savings Combo Account BonusSofi Checking and SavingsEarn up to a $250 bonus with qualifying direct deposits for eligible customers through 12/31/2023. High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. A checking account is like a hub for your money: If your paycheck is direct deposited, it's typically to a checking account. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.
Persons: Banks, , Cash, we've Organizations: BMO, Cash, Products, Columbia, Savings, Mission Valley Bank, Newtek, United States, Federal Credit Union, Western Alliance Bank Locations:
With rates rapidly changing, how can you feel confident that you're getting the best savings account or best CD? Maximize your bonus by adding a personal checking account to earn up to an additional $600See more savings account bonuses »Leading Checking & Savings Combo Account BonusSofi Checking and SavingsEarn up to a $250 bonus with qualifying direct deposits for eligible customers through 12/31/2023. High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. The best no-penalty CDs will offer rates slightly higher than the best high-yield savings accounts, and can offer a substantially improved interest rate over traditional brick-and-mortar savings accounts. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.
Persons: Banks, , Cash, we've Organizations: BMO, Cash, Products, Columbia, Savings, Mission Valley Bank, Newtek, United States, Federal Credit Union, Western Alliance Bank Locations:
Minneapolis CNN —Ballpark attendance boomed this summer, Barbenheimer revived the box office and a Renaissance of live performances brought concerts into new Eras. However, it also could mean that holiday spending just might look a little different and skewed more toward experiences than it has done in past years. Respondents to KPMG’s 2023 holiday survey said they plan to spend 5% more this season, said Matt Kramer, KPMG’s consumer and retail national sector leader. “What stands out the most is this ‘leaning in’ to holiday travel and wanting to have those experiences with friends and family,” he said. A more comprehensive look at consumer spending will come at the tail end of the month when the Personal Consumption Expenditures data is released.
Persons: Barbenheimer, Everybody, , Keith Gentili, ” Taylor Swift, Allen J, , Ted Rossman, that’s, ’ ”, aren’t, Matt Kramer, Tamara Charm, Elijah Nouvelage, Patrick T, Fallon, Gus Faucher, Nathan Howard, Nancy Vanden Houten, , ” Rossman, Matt Schulz Organizations: Minneapolis CNN —, New Hampshire, Los Angeles Times, Getty, Bankrate, McKinsey, Travelers, Hartsfield, Jackson Atlanta International Airport, Bloomberg, Commerce, Apple, PNC Financial Services, Shoppers, canaries, LendingTree Locations: Minneapolis, New, Inglewood , California, splurge, , Los Angeles, AFP, Georgetown, Washington, what’s, Oxford
With rates rapidly changing, how can you feel confident that you're getting the best savings account or best CD? Maximize your bonus by adding a personal checking account to earn up to an additional $600See more savings account bonuses »Leading Checking & Savings Combo Account BonusSofi Checking and SavingsEarn up to a $250 bonus with qualifying direct deposits for eligible customers through 12/31/2023. A checking account is like a hub for your money: If your paycheck is direct deposited, it's typically to a checking account. Certificates of DepositThe best CD rates may outpace any of the other accounts we've described above. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.
Persons: Banks, , Cash, we've Organizations: BMO, Cash, Products, Columbia, Savings, Mission Valley Bank, Newtek, United States, Federal Credit Union, Western Alliance Bank Locations:
"Live events are having a moment as consumers want to get out and about," said John Harrison, Americas Media & Entertainment lead at EY. But over the past few years, established and upstart investors have seized the opportunity to capitalize on live events spending, which is outpacing media and entertainment spending overall. PWC projects live events revenue hitting $68.7 billion in 2024, up from $66.6 billion in 2019.Insider identified nine firms, listed alphabetically, that are making significant investments in live entertainment-related companies. It most recently led a $65 million round in Dice, an events discovery and ticketing platform for live events like comedy and drag cabaret. Courtesy of Shamrock CapitalThe Los Angeles-based investment firm has a long history of backing media, entertainment, and communications businesses.
Persons: Taylor Swift, hasn't, Tait, Scott Marimow, John Harrison, there's, Harrison, Coldplay, PEHub, Bluestone Equity Partners Bobby Sharma, Michael Weschler, Bobby Sharma, Bluestone, Juggernaut, Eric Kuhn, Tre, Scott, Matt Pincus, Pincus, Marimow, Shamrock Capital Andrew Howard, Marc Geiger, Alan Waxman's Organizations: Providence Equity Partners, Yankee, Wembley, Bluestone Equity Partners, Providence, Americas Media, Entertainment, Fourier, NBA, PMY, SoFi, New York's Citi, RWS, Apple, Holland America, Capital Partners, Street Journal, Folk Media Group, CBS, Microsoft, Folk Productions, Quest Entertainment, MUSIC, Liontree, JS Capital Management, Investments, Providence Equity Partners Providence Equity Partners, Theatre Group, Shamrock Capital, Sixth, Spain's, San Antonio Spurs, New York Yankees, Dallas Cowboys, Sixth Street Locations: Americas, Paris, Europe, Asia, Vegas, Fiume, Wilmington , Mass, Devon , Pennsylvania, Miami , Florida, North America, Providence, US, Germany, Los Angeles, SaveLive, Spain's Real Madrid, Real Madrid's
With rates rapidly changing, how can you feel confident that you're getting the best savings account or best CD? Maximize your bonus by adding a personal checking account to earn up to an additional $600See more savings account bonuses »Leading Checking & Savings Combo Account BonusSofi Checking and SavingsEarn up to a $250 bonus with qualifying direct deposits for eligible customers through 12/31/2023. High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. A checking account is like a hub for your money: If your paycheck is direct deposited, it's typically to a checking account. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.
Persons: Banks, , Cash, we've Organizations: BMO, Cash, Products, Columbia, Savings, Mission Valley Bank, Newtek, United States, Federal Credit Union, Western Alliance Bank Locations:
With rates rapidly changing, how can you feel confident that you're getting the best savings account or best CD? Maximize your bonus by adding a personal checking account to earn up to an additional $600See more savings account bonuses »Leading Checking & Savings Combo Account BonusSofi Checking and SavingsEarn up to a $250 bonus with qualifying direct deposits for eligible customers through 12/31/2023. High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. A savings account often limits the number of monthly transfers, while a checking account doesn't. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.
Persons: Banks, , Cash, we've Organizations: BMO, Cash, Products, DR, Savings, Mission Valley Bank, Newtek, United States, Federal Credit Union, Western Alliance Bank Locations:
With rates rapidly changing, how can you feel confident that you're getting the best savings account or best CD? Maximize your bonus by adding a personal checking account to earn up to an additional $600See more savings account bonuses »Leading Checking & Savings Combo Account BonusSofi Checking and SavingsEarn up to a $250 bonus with qualifying direct deposits for eligible customers through 12/31/2023. High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. A checking account is like a hub for your money: If your paycheck is direct deposited, it's typically to a checking account. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.
Persons: Banks, , Cash, we've Organizations: BMO, Cash, Products, DR, Savings, Mission Valley Bank, Newtek, United States, Federal Credit Union, Western Alliance Bank Locations:
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSoFi’s Liz Young: CEOs have a lot of pressure in this earning season because of higher expectationsLiz Young, SoFi head of investment strategy, joins 'Closing Bell' to discuss rising yields, Q3 earnings expectations, whether the Fed is done with hiking rates, and more.
Persons: Liz Young
On Friday's episode, that kid was Gavin Batarse, an avid baseball player and the CEO of Glove Wrap. "Just place a ball in a glove and wrap it up with Glove Wrap. Some players wrap baseball gloves in rubber bands or stuff them under sofas. The potential market is large, spanning millions of kids and Major League Baseball players alike in the U.S. alone. The deal: $50,000 for a 22% equity stake in Glove Wraps.
Persons: Gavin Batarse, Jon, Morgan Batarse, Gavin, sofas, Gavin didn't, Mark Cuban, Michael Rubin, " Rubin, Still, Rubin, he'd, Cuban, Mark, Morgan, Gavin isn't, Sofi Overton, Lori Greiner, Daymond John, Barbara Corcoran Organizations: Baseball, Major League Baseball, Sporting Goods, Sharks, Wise, Products, Twitter, CNBC Locations: Orange County , California, U.S, Cuban
LOS ANGELES, Oct 15 (Reuters) - Pop singer Taylor Swift ruled movie box offices over the weekend as her concert film transformed darkened theaters into dance floors and hauled in an estimated $126 million-plus around the world. Moviegoers dressed in concert T-shirts and sequins for screenings of "Taylor Swift: The Eras Tour." That would surpass the $73 million that Justin Bieber's 2011 release "Never Say Never," the current record holder for a concert film, collected over its entire run. "This is a superstar debut," Jeff Bock, senior box office analyst at Exhibitor Relations Co., said of Swift's film. Fans pass by an image of Taylor Swift as they enter a cinema to watch Taylor Swift's Eras Tour concert movie in Mexico City, Mexico October 13, 2023.
Persons: Taylor Swift, Justin Bieber's, Jeff Bock, Taylor, Alexandre Meneghini, Swift, Stephanie Gaudette, CinemaScore, Beyonce, Lisa Richwine, Bill Berkrot, Lisa Shumaker, Deepa Babington Organizations: Hollywood, AMC, Relations, REUTERS, Ticketmaster, Theatre, SoFi, Rotten, National Association of Theatre Owners, Thomson Locations: Brazil, South Korea, Malaysia, Mexico City, Mexico, Hollywood, Los Angeles
In its opening weekend, the pop singer’s concert film, “Taylor Swift: The Eras Tour,” raked in between $95 and $97 million in the box office in the United States and Canada, movie theater chain AMC said Sunday. “I thought I had seen everything with the Barbenheimer phenomenon,” said Paul Dergarabedian, senior media analyst at Comscore, which tracks box office numbers. Teenagers trade bracelets while waiting for the beginning of Taylor Swift's Eras Tour concert movie in a cinema in Mexico City, Mexico October 13, 2023. Discovery, and “Oppenheimer.” Together, the two hits brought in nearly $2.4 billion in global box office sales this year, according to tracking site Box Office Mojo. Barbenheimer and Swift’s concert film “puts movie theaters at the epicenter of the culture as the hub of cultural influence,” said Dergarabedian.
Persons: New York CNN — Taylor Swift, “ Taylor Swift, , “ Justin Bieber, ” Elizabeth Frank, Taylor Swift, Chris Day, Swift, Swiftie Clara, seismologist, Sam Wrench, Taylor, Paul Dergarabedian, ” Swift, Alexandre Meneghini, Beyoncé, “ Barbie, “ Oppenheimer, Michael O’Leary, Organizations: New, New York CNN, AMC, USA, Ticketmaster, ” AMC, it’s, Twitter, Warner Bros, National Association of Theater Owners, CNN Locations: New York, United States, Canada, Memphis, Tenn, Santa Clara, Northern California, Seattle, Los Angeles, AMC’s, Mexico City, Mexico, The
The unparalleled enthusiasm helped propel “Taylor Swift: The Eras Tour” to a massive, first place debut between $95 million and $97 million in North America, AMC Theatres said Sunday. The two superstars posed together at the premiere of “The Eras Tour” earlier this week in Los Angeles. Political Cartoons View All 1211 Images“The Eras Tour,” directed by Sam Wrench, is not just playing on AMC screens either. Elizabeth Frank, the executive vice president of worldwide programming and chief content officer for AMC Theatres, said in a statement that they are grateful to Taylor Swift. The concert film offered fans both better seats and a much more affordable way to see the show for the first or fifth time.
Persons: Swifties, “ Taylor Swift, It’s, Justin Bieber, showtimes, , Swift, Beyoncé, , Sam Wrench, Elizabeth Frank, Taylor Swift, ” Frank, ‘ Taylor Swift Organizations: AMC Theatres, Star Wars, Southern, Hollywood, AMC, Trafalgar Locations: North America, United States, Los Angeles, Leawood , Kansas, U.S
With rates rapidly changing, how can you feel confident that you're getting the best savings account or best CD? Maximize your bonus by adding a personal checking account to earn up to an additional $600See more savings account bonuses »Leading Checking & Savings Combo Account BonusSofi Checking and SavingsEarn up to a $250 bonus with qualifying direct deposits for eligible customers through 12/31/2023. High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. A savings account often limits the number of monthly transfers, while a checking account doesn't. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.
Persons: Banks, , Cash, we've Organizations: BMO, Cash, Products, Western Alliance, Savings, Mission Valley Bank, Newtek, United States, Federal Credit Union, Western Alliance Bank Locations:
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