ai Stock market leaders unite against calls to stop trading, saying it would only compound anxiety By www.cnbc.com Published On :: Mon, 16 Mar 2020 22:05:45 GMT Closing the stock market amid the coronavirus pandemic might only amplify investors' anxieties. Full Article
ai If you see an earnings estimate, it's probably wrong, given ongoing pandemic uncertainty By www.cnbc.com Published On :: Tue, 24 Mar 2020 17:32:25 GMT Companies have been slow to withdraw their earnings guidance, which makes estimating earnings for the S&P 500 nearly impossible. Full Article
ai Investors should have up to 10% in this 'hedge against the unexpected,' says 'Godfather' of gold By www.cnbc.com Published On :: Wed, 01 Apr 2020 13:26:23 GMT George Milling-Stanley, who helped create the SPDR Gold Trust, says the precious metal is not just a hedge against inflation but against the unexpected. Full Article
ai Macy's is the first of what could be a retail and energy purge from the S&P 500 By www.cnbc.com Published On :: Thu, 02 Apr 2020 14:26:57 GMT Macy's won't be the last company kicked out of the S&P 500. Judged solely by market capitalization, many companies in the index appear in danger of being kicked out. Full Article
ai Luckin Coffee is a painful reminder of 'the extreme fraud risk' of some China-based companies By www.cnbc.com Published On :: Fri, 03 Apr 2020 12:40:05 GMT Accounting woes at Luckin Coffee led to a 75% decline in the Chinese company's stock on Thursday. Full Article
ai For investors banking on dividends, the 'pain has just begun' By www.cnbc.com Published On :: Wed, 15 Apr 2020 12:23:47 GMT As companies deal with declining cash flow amid the coronavirus pandemic, they are likely to cut or even suspend dividends. Full Article
ai Retail investors who believed they were investing in crude oil get a rude awakening By www.cnbc.com Published On :: Tue, 21 Apr 2020 18:00:31 GMT "Know what you own" is an old adage when investing, but it is especially important when owning investments that hold futures contracts. Full Article
ai Investors are betting two of the hardest hit groups — energy and airlines — have bottomed By www.cnbc.com Published On :: Thu, 07 May 2020 11:28:25 GMT The last few weeks have seen many unusual flows into exchange-traded funds that offer an insight into the market recovery. Full Article
ai Warren Buffett says Berkshire sold all its airline stocks because of the coronavirus By www.cnbc.com Published On :: Mon, 04 May 2020 16:18:19 GMT Buffett said Berkshire sold its entire stake in United, American, Southwest and Delta Airlines, worth more than $4 billion on December 31. Full Article
ai Warren Buffett gave airlines another go. Coronavirus was a problem he couldn't stomach By www.cnbc.com Published On :: Mon, 04 May 2020 15:56:04 GMT Warren Buffett has again ditched the airline sector as coronavirus threatens to be a challenge too big for him to stomach. Full Article
ai The S&P 500 ekes out a small gain to start the week, supported by strength from big tech By www.cnbc.com Published On :: Mon, 04 May 2020 20:20:21 GMT Stocks rose slightly on Monday to start the week, as the advance in the biggest U.S. technology shares lifted the market higher. Full Article
ai Buffett on coronavirus, airlines and more: Watch the 5 best moments from the Berkshire meeting By www.cnbc.com Published On :: Mon, 04 May 2020 18:49:02 GMT Berkshire Hathaway's 2020 annual shareholder meeting, the "Woodstock for Capitalists," was hosted virtually for the first time ever. Full Article
ai US airline stocks tumble after Buffett sells stakes By www.cnbc.com Published On :: Mon, 04 May 2020 21:33:39 GMT Airline shares were headed for another day of sharp declines, this time after Warren Buffett said Berkshire Hathaway's cashed out of its stakes in the four largest carriers. Full Article
ai Buyers appear to be 'calling the bottom' in the JETS airline ETF, market analyst says By www.cnbc.com Published On :: Mon, 04 May 2020 21:30:39 GMT As airline stocks tumble, investors in the U.S. Global Jets ETF (JETS) seem to betting on a further bailout for the group, says market researcher Dave Nadig. Full Article
ai Warren Buffett unloads airline stocks, but trader sees opportunity in three other travel names By www.cnbc.com Published On :: Tue, 05 May 2020 12:31:00 GMT Warren Buffett has exited the airlines, but one trader says there could be pockets of opportunity elsewhere in the travel space. Full Article
ai Egyptian billionaire Naguib Sawiris sees oil at $100 in 18 months, says he would buy airlines By www.cnbc.com Published On :: Wed, 06 May 2020 09:58:55 GMT Egyptian billionaire Naguib Sawiris said he would buy airlines, going against fellow billionaire investor Warren Buffett, who announced that Berkshire Hathaway sold all airline stocks at the firm's annual meeting on Saturday. Full Article
ai Cramer explains why GE's board really booted former CEO John Flannery By www.cnbc.com Published On :: Tue, 02 Oct 2018 22:40:10 GMT Jim Cramer argues that the former General Electric CEO wasn't removed because of the speed of his turnaround. Full Article
ai Analyst maintains longer-term view on investments amid lock down By www.cnbc.com Published On :: Wed, 25 Mar 2020 06:33:48 GMT BMO Global Asset Management's David Moss believes in looking for businesses that are "great quality long-term winners," as Europe undergoes a Covid-19 lockdown period. Full Article
ai The Week Ahead: Disney reopens Shanghai park By www.cnbc.com Published On :: Fri, 08 May 2020 20:52:44 GMT CNBC's Dominic Chu looks ahead to what are likely to be next week's top business and financial stories. Full Article
ai United Airlines not proceeding with $2.25B bond offering By www.cnbc.com Published On :: Fri, 08 May 2020 22:11:15 GMT CNBC's Phil LeBeau reports on United Airlines bond offering. With CNBC's Melissa Lee and the Options Action traders, Carter Worth, Mike Khouw and Tony Zhang. Full Article
ai United Airlines swings to $1.7 billion loss in first quarter as bookings disappeared in coronavirus pandemic By www.cnbc.com Published On :: Thu, 30 Apr 2020 22:27:15 GMT United Airlines had reported a first-quarter pretax loss earlier this month. Full Article
ai Apple reports flat revenue and does not offer guidance because of coronavirus uncertainty By www.cnbc.com Published On :: Thu, 30 Apr 2020 21:52:54 GMT Apple did not issue guidance for the quarter ending in June, as it usually does. The company withdrew guidance for its second-quarter in February as the Covid-19 coronavirus spread in China. Full Article
ai Clorox says sales jump 15% on strong demand for cleaning products, raises forecast By www.cnbc.com Published On :: Fri, 01 May 2020 12:47:49 GMT Clorox cleaning segment, which includes its namesake bleach and Pine-Sol, saw sales growth of 32%. Full Article
ai Wayfair shares rocket higher as coronavirus-related store closures shift more demand its way By www.cnbc.com Published On :: Tue, 05 May 2020 15:58:13 GMT Online furniture retailer Wayfair's net loss widened during the first quarter, as its sales surged nearly 20% from a year ago. Full Article
ai SAS CFO says airline should be granted government support amid pandemic By www.cnbc.com Published On :: Wed, 06 May 2020 09:43:59 GMT Torbjorn Wist, CFO of SAS, discusses the airline's position in the coronavirus crisis and its seeking of state aid to support the company through the pandemic. Full Article
ai Seeing spike in demand for sedatives and painkillers, Fresenius CFO says By www.cnbc.com Published On :: Wed, 06 May 2020 09:48:54 GMT Rachel Empey, CFO of Fresenius, outlines how the healthcare firm's earnings are being impacted by the coronavirus crisis. Full Article
ai Economic scars will remain for EU after coronavirus, official says By www.cnbc.com Published On :: Wed, 06 May 2020 13:16:45 GMT EU Economic Commissioner Paolo Gentiloni discusses the economic impact of the coronavirus pandemic across the euro zone. Full Article
ai German court ruling on ECB bond buying 'laughable,' Societe Generale chair says By www.cnbc.com Published On :: Fri, 08 May 2020 09:06:02 GMT Lorenzo Bini Smaghi, chairman of Societe Generale and former member of the ECB's executive board, discusses the German constitutional court's call for the European Central Bank to justify its bond-buying program. Full Article
ai Taiwan: the world's new whiskey capital? By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT The results are in, and Taiwan's Kavalan distillery has the best single-malt whiskey in 2015. Full Article
ai The current global slowdown is going to have a long tail, strategist says By www.cnbc.com Published On :: Fri, 24 Apr 2020 10:13:37 GMT James Morton, CIO at Santa Lucia Asset Management, discusses the prospect of a recovery from the coronavirus pandemic, saying the downturn will last for a while. Full Article
ai Lebanese citizens on a painful path despite the government's rescue plan, analyst says By www.cnbc.com Published On :: Mon, 04 May 2020 09:04:26 GMT Gregg Carlstrom, Middle East Correspondent at The Economist says a haircut for banks in Lebanon seems inevitable despite their recent spat with the government. Full Article
ai The coronavirus pandemic is a 'crisis of trust' for consumers: Majid Al Futtaim CEO By www.cnbc.com Published On :: Tue, 05 May 2020 09:25:02 GMT It's going to be a "very difficult" period for the Middle East given coronavirus pandemic, but this could be a "golden opportunity" for economies to implement reforms and become more resilient, says Alain Bejjani, CEO of Majid Al Futtaim. Full Article
ai Oil could hit $100 in next 18 months: Egyptian billionaire Naguib Sawiris By www.cnbc.com Published On :: Wed, 06 May 2020 09:40:45 GMT Oil prices could rise to $100 in the next 18 months, given that the fallout from the Russia-Saudi oil war has effectively killed the shale industry in the United States for the next year or so, says Naguib Sawiris, chairman and CEO at Orascom Investment Holding. Full Article
ai Op-Ed: SBA chief pledges 'every available resource' to aid small businesses By www.cnbc.com Published On :: Thu, 09 Apr 2020 18:43:38 GMT All small businesses are eligible, including non-profits, self-employed individuals, sole proprietorships, and independent contractors, writes SBA Administrator Jovita Carranza. Full Article
ai Stock buybacks: We need a new litmus test after the bailouts By www.cnbc.com Published On :: Mon, 13 Apr 2020 16:57:48 GMT A government bailout of companies due to the coronavirus has led to criticism after a record decade of stock buybacks. Companies that can't manage cash flow deserve the attacks. Full Article
ai Op-ed: To help Main Street businesses, look to Main Street banks By www.cnbc.com Published On :: Thu, 16 Apr 2020 13:07:57 GMT Local community banks were among the most prepared and willing to step up during these unprecedented times, releasing loans far earlier than many of their Wall Street counterparts. Full Article
ai Op-Ed: Britain needs an economic model to guide the lifting of the coronavirus lockdown By www.cnbc.com Published On :: Wed, 29 Apr 2020 13:15:55 GMT Covid-19 has forced epidemiology and economics to become intertwined as never before. Full Article
ai One of Main Street's biggest fears in economic reopening — new regulations By www.cnbc.com Published On :: Tue, 05 May 2020 12:50:57 GMT As small businesses across the country grapple with economic reopening, one of their biggest fears is that new regulations will be a net negative for post-Covid-19 Main Street. Full Article
ai This is how many furloughed Main Street employees will get jobs back By www.cnbc.com Published On :: Tue, 05 May 2020 16:49:01 GMT As the economy reopens from the coronavirus shock, not all small business jobs held on Main Street will be coming back, not even by a long shot, according to the Q2 2020 CNBC|SurveyMonkey Small Business Survey. Full Article
ai Repurposing existing drugs to treat coronavirus will likely be quicker than a vaccine, scientists claim By www.cnbc.com Published On :: Thu, 07 May 2020 13:33:44 GMT A team of international experts said that while there was no "magic bullet" for treating Covid-19, successfully identifying a drug that could treat the virus was likely to take less time than rolling out a vaccine. Full Article
ai US, China trade negotiators talk about phase one deal as uncertainty looms By www.cnbc.com Published On :: Fri, 08 May 2020 05:03:17 GMT U.S. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer spoke to Chinese Vice Premier Liu He late Thursday Eastern time. Full Article
ai Dow rises more than 400 points despite record job losses, posts first weekly gain in three By www.cnbc.com Published On :: Fri, 08 May 2020 20:22:43 GMT Stocks rose even after the ugliest monthly jobs report ever as investors bet the worst of the coronavirus and its economic impact has passed. Full Article
ai Britain could quarantine incoming travelers for 14 days, report suggests By www.cnbc.com Published On :: Sat, 09 May 2020 09:38:44 GMT Britain is to introduce a 14-day quarantine period for almost everyone arriving into the country to avoid a second peak of the coronavirus pandemic, The Times newspaper reported on Saturday. Full Article
ai Apple's earnings report could lead to big gains, options trader bets By www.cnbc.com Published On :: Tue, 28 Jan 2020 16:01:54 GMT The countdown to Apple earnings is on, and one options trader is betting on a big post-earnings bounce for the tech giant. Full Article
ai Chartmaster says payment stock could be poised for gains on earnings By www.cnbc.com Published On :: Fri, 01 May 2020 22:07:38 GMT Carter Worth on PayPal, with CNBC's Melissa Lee and the Options Action Traders, Tony Zhang and Mike Khouw. Full Article
ai Uber cuts 3,700 jobs, CEO foregoes salary due to uncertain pandemic impact By www.cnbc.com Published On :: Wed, 06 May 2020 13:27:00 GMT Uber will lay off 3,700 employees, the company announced in a filing with the Securities and Exchange Commission Wednesday. The cuts to its customer support and recruiting teams represent about 14% of its 26,900 employees, based on Uber's most recent headcount. CEO Dara Khosrowshahi will also forgo his base salary for the rest of the year, which was $1 million in 2019. Full Article
ai Democrat and Republican voters remain split on Covid-19 precautions in battleground states, poll shows By www.cnbc.com Published On :: Wed, 06 May 2020 15:45:28 GMT CNBC's Eamon Javers breaks down new survey results from battleground states, and split opinions on the coronavirus pandemic among Democratic and Republican voters. Full Article
ai Jim Cramer: 'Going against Beyond Meat is going against history' By www.cnbc.com Published On :: Thu, 07 May 2020 14:09:01 GMT CNBC's Jim Cramer says Beyond Meat is one of the most dangerous shorts in the market right now because people are turning to the meat substitutes as coronavirus makes retail demand rise. Full Article
ai Here are the states with the most jobless claims By www.cnbc.com Published On :: Thu, 07 May 2020 14:58:50 GMT CNBC's Steve Liesman breaks down the latest jobless claims numbers, and which states have been hardest hit by the shutdown. Full Article
ai Retailers face new task of keeping customers safe as stores reopen By www.cnbc.com Published On :: Fri, 08 May 2020 16:04:08 GMT CNBC's Courtney Reagan reports on the task many retailers now face: keeping customers safe once stores are open. Full Article