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☆ Stocks making the biggest moves midday: Meta Platforms, ServiceNow, Teladoc, Credit Suisse & more
▼ + stars: | 2022-10-27 | by ( Samantha Subin | ) www.cnbc.com time to read: +5 min

McDonald's — The fast-food giant's shares got a 2.8% lift after the company beat earnings expectations for its most recent quarter. Align Technology — The Invisalign maker saw its shares tumble 18% after it posted disappointing earnings for the most recent quarter. Credit Suisse — Shares of the Swiss bank plummeted 19.5% after Credit Suisse posted a greater-than-expected loss for the third quarter. ServiceNow — The stock jumped 13% after ServiceNow surpassed earnings expectations in its most recent quarter. Comcast — The media giant's stock rose 4.8% after topping analysts' earnings expectations for the third quarter.

☆ Stocks could continue to break higher as Apple, big tech report earnings in week ahead
▼ + stars: | 2022-10-21 | by ( Patti Domm | In | ) www.cnbc.com time to read: +9 min

The three major averages closed higher Friday, with the S & P 500 adding 2.37% to close at 3,752.75. Stovall said the S & P 500 had six positive moves of 1% or more in the last 17 trading days, as of Friday. Earnings, earnings, earnings About 150 S & P 500 companies report earnings in the coming week. Technically speaking Scott Redler, partner with T3Live.com, said he is watching a formation in the S & P 500 that could be positive. His first target for the S & P 500 is 3,800.

☆ Wall Street eyes auto industry earnings for signs of 'demand destruction'
▼ + stars: | 2022-10-19 | by ( Michael Wayland | ) www.cnbc.com time to read: +5 min

But with interest rates rising, inflation at record highs and recession fears looming, Wall Street is closely watching third-quarter earnings results and guidance for any signs consumer demand might be weakening. Spak said third-quarter earnings "should mostly be fine," with the focus being on company commentary and guidance revisions. DealersCarMax fueled Wall Street's concerns last month after the used car dealer posted one of its biggest earnings misses ever. Citing CarMax's results, J.P. Morgan analyst Rajat Gupta said the sentiment for franchised dealers' third-quarter earnings "is the most negative we have encountered since the pandemic." Other major dealers scheduled to report third-quarter earnings include Group 1 Automotive on Oct. 26, followed by AutoNation , Asbury Automotive Group and Sonic Automotive on Oct. 27.

☆ Morgan Stanley's Mike Wilson flags a key risk to earnings — and names the stocks to avoid
▼ + stars: | 2022-10-17 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

Morgan Stanley believes U.S companies are facing an inventory problem — and it's a key risk to earnings. "The problem with inventory is two-fold: supply chain bottlenecks are clearing while demand, especially demand for goods, is slowing," Morgan Stanley strategists led by Michelle Weaver and Mike Wilson wrote in an Oct. 10 note. Morgan Stanley believes the inventory problem has now become a risk to earnings, with oversupply and lagging demand likely to weigh on companies' margins. However, although a broad problem for the market and for goods producing industries in particular, not all industries are impacted to the same degree, according to Morgan Stanley. The bank found that tech hardware and consumer retail companies are among the most at risk from excess inventory.

☆ New cars are finally back in stock — but Americans might not be able to afford them
▼ + stars: | 2022-10-07 | by ( Michael Wayland | ) www.cnbc.com time to read: +5 min

Mario Tama | Getty ImagesDETROIT — New cars are slowly becoming more widely available, as supply chain bottlenecks finally start to ease. But now, an increasing number of Americans might not want them or be able to afford them. With the Federal Reserve aggressively hiking interest rates to fight inflation, consumers are finding that the cost of financing a new car is suddenly a lot higher than it was even earlier this year. That means many Americans may no longer to be able to afford the new cars that are starting to arrive on dealer lots. That, combined with rising interest rates, is pushing more car shoppers to look at used vehicles.

☆ Want a 'short term defensive move' with up to 5% return? Buy this fund, says strategist
▼ + stars: | 2022-10-04 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

I personally like short-dated corporate bonds, which are yielding close to 5%," he told CNBC's "Street Signs Asia" on Monday. "[It] would be a very quick, convenient way to diversify your money over a wide range of highly-rated corporate bonds. And that way, it's … a short term defensive move. The ETF's 12-month trailing yield – the yield investors receive if they held the fund for the last 12 months – is at 3.07%. Stock picks If investors are still interested in stocks, Dietze says that some energy and cyclical stocks still looked appealing.

☆ Used cars have become unaffordable
▼ + stars: | 2022-09-29 | by ( Chris Isidore | ) edition.cnn.com time to read: +2 min

New York CNN Business —High prices and rising interest rates are putting used cars out of reach for a growing number of car shoppers. That’s bad news for CarMax, the nation’s largest used car dealer. Shares of used car rival Carvana (CVNA) fell about 18% and AutoNation (AN), the nation’s largest new car dealer, fell 11%. Used car prices — although down 2% in August from the record high reached in January — are still up 48% from August 2019, according he Consumer Price Index, a key inflation measure. New car prices hit a record in August, up 30% over the last three years.

☆ CarMax results fall short as inflation-hit buyers rethink purchases
▼ + stars: | 2022-09-29 | by ( ) www.reuters.com time to read: +2 min

Sept 29 (Reuters) - Shares of CarMax Inc (KMX.N) fell 20% in premarket trading on Thursday after the top U.S. used-car retailer's second-quarter results were slammed by the impact of rising inflation on consumer spending. Strong demand for personal transport has led to steady sales of both new and used cars in the United States so far, but rising interest rates and higher car prices are starting to upend that trend. Register now for FREE unlimited access to Reuters.com RegisterAuto research firm Cox Automotive, which tracks U.S. vehicle market trends, on Wednesday cut its forecast for new and used vehicle sales on worsening consumer sentiment. Consumers are pulling themselves out of the purchase process as rising interest rates and high vehicle prices make monthly payments unaffordable, said Cox Automotive Chief Economist Jonathan Smoke. Ford Motor Co's (F.N) shares tumbled last week after the automaker said it was experiencing higher inflationary pressures.

☆ Consumer spending is slowing, but there are still pockets of strength in these three sectors
▼ + stars: | 2022-07-28 | by ( Robert Hum | ) www.cnbc.com time to read: +4 min

Despite new signs of slowing consumer demand, pockets of strength remain in travel, payments and autos. "Travel demand surged in the second quarter, and thus far, strong demand trends continue in the third quarter," CEO Bob Jordan said. Credit card companies have been showing no signs of a letup in consumer spending, too. Remember, American Express reported very strong travel and entertainment spending . And here's the key line in the release from CEO Michael Miebach who said, "Increasing inflationary pressures have yet to significantly affect overall consumer spending."

☆ CEOs send mixed signals about consumer spending as split emerges between income levels
▼ + stars: | 2022-07-26 | by ( Robert Hum | ) www.cnbc.com time to read: +5 min

If the signals you're getting about the U.S. consumer seem mixed, there could be a very good reason for that: They are. In recent earnings conference calls, CEOs have been presenting more evidence that consumer spending patterns are bifurcating. Despite rampant inflation, the high-end consumer is remaining strong, but the low-end consumer is starting to buckle under the pressure. That comment came after the company, which owns brands such as Louis Vuitton and Tiffany, reported earnings Tuesday. On Tuesday, the company reported better-than-expected profit growth as price increases on its menu helped offset rising costs.

☆ Averea agonisită de Bill și Melinda Gates va fi foarte greu de împărțit: „Depășește imaginația”
▼ + stars: | 2021-05-15 | by ( ) www.jurnal.md time to read: +3 min

Sursa foto: ft.comAverea agonisită de Bill și Melinda Gates va fi foarte greu de împărțit: „Depășește imaginația”Bill și Melinda Gates, unul dintre cele mai bogate cupluri din lume, au decis să divorțeze, după un mariaj de aproape 30 de ani. Bill și Melinda Gates au o avere mai mare decât economia MaroculuiBill și Melinda Gates au o avere care depășește PIB-ul anual al Marocului sau valoarea combinată a companiilor Ford, Twitter și Marriott. Aceste investiții generează profitul atât de necesar fundației Bill și Melinda Gates pentru a continua lupta sa de a ataca probleme importante precum creșterea nivelului educației și reducerea sărăciei. Pe de altă parte, unii avocați spun că unele dintre bunurile personale ale celor doi vor fi foarte greu de evaluat, deci și dificil de împărțit. Bill și Melinda s-au cunoscut în 1980, când Melinda a început să lucreze la Microsoft.

Persons: Bill, Melinda Gates, Bill Gates, Paul Allen, Gates, Leonardo da Vinci, Marocului Bill, Marriott . Gates, David Aronson, Melinda, Jennifer, Phoebe Organizations: New York Times, The New York Times, Canadian National Railway, Microsoft, Marocului, Ford, The New Locations: AutoNation, Californiei, Marocului, The New York, Hawaii

☆ Câte MILIOANE de DOLARI a primit Melinda Gates la o zi după divorțul cu Bill Gates
▼ + stars: | 2021-05-06 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +1 min

O companie de investiții fondată de Bill Gates din profiturile de la Microsoft a transferat acțiuni în valoare de peste 1,8 miliarde de dolari către Melinda Gates la o zi după anunțul divorțului dintre cei doi, potrivit site-ului Bloomberg, citează digi24.ro. Cascade Investment i-a transferat, de asemenea, 2,94 de milioane de acțiuni la AutoNation Inc., în valoare de 309 milioane de dolari. Prin Cascade Investment, Bill Gates investește în imobiliare, energie și Horeca și deține acțiuni la zeci de companii publice, printre care Deere & Co. sau Republic Services Inc.De asemenea, Bill și Melinda Gates se numără printre cei mai mari deținători de terenuri din SUA. Bill şi Melinda Gates au anunţat pe 3 mai că vor divorţa, după 27 de ani de căsnicie. Cei doi vor continua să colaboreze în cadrul Fundaţiei Bill şi Melinda Gates.

Persons: Bill Gates, Melinda Gates, . Melinda Gates, Bill, Gates, Melinda Gates . Organizations: Microsoft, Canadian National Railway Co, Cascade, AutoNation, Republic Services Locations: AutoNation Inc, Cascade Investment, SUA

Cascade Investment, o companie fondată de Bill Gates din profiturile de la Microsoft, a transferat acțiuni în valoare de peste 1,8 miliarde de dolari către Melinda Gates la o zi după anunțul divorțului dintre cei doi, potrivit site-ului Bloomberg. Melinda Gates deține acum 14,1 milioane de acțiuni la Canadian National Railway Co., în valoare de aproximativ 1,5 miliarde de dolari, potrivit datelor Comisiei de Valori Mobiliare și schimb, valabile la 3 mai. Cascade Investment i-a transferat, de asemenea, 2,94 de milioane de acțiuni la AutoNation Inc., în valoare de 309 milioane de dolari. Bill şi Melinda Gates au anunţat pe 3 mai că vor divorţa, după 27 de ani de căsnicie. Cei doi vor continua să colaboreze în cadrul Fundaţiei Bill şi Melinda Gates.

Persons: Bill Gates, Melinda Gates, Bill, Gates, Melinda Gates . Organizations: Microsoft, Canadian National Railway Co, Cascade, AutoNation, Republic Services Locations: Cascade Investment, AutoNation Inc, SUA

☆ Супруга Билла Гейтса при разводе получила акции почти на 2 млрд долларов
▼ + stars: | 2021-05-05 | by ( Super User | ) mybusiness.md time to read: 1 min

По данным агентства Bloomberg, при разводе Мелинда Гейтс получила от Билла Гейтса акции Канадской национальной железнодорожной компании на 1,5 миллиарда долларов и акции компании Autonation на 300 миллионов долларов. Ранее было объявлено, о разводе Билла и Мелинды Гейтс. В их совместном заявлении было сказано: "После долгих размышлений и работы над нашими отношениями мы приняли решение о завершении совместной жизни. Мы продолжим совместно работать в нашем фонде, но мы считаем, что на этом этапе мы больше не можем расти вместе". Билл и Мелинда Гейтс попросили не беспокоить их в период, когда каждый из них ищет свой путь в новой жизни.

Persons: Мелинда Гейтс, Билл Гейтс, Билл Organizations: Bloomberg, Канадская национальная железнодорожная компания, Комиссия по ценным бумагам и биржам Locations: США

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