Sue Explains

Snap’s stock rose in after-hours trading after the company reported its first-quarter results, beating expectations on earnings, revenue and user growth.

Stocks ended lower on Wall Street Thursday after dropping in afternoon trading on a report that President Biden will propose a hefty tax increase on the gains wealthy individuals reap from investments

These are the stocks posting the largest moves after the bell on Thursday, April 22.

During Mattel’s investor day Wednesday the company reiterated its expectations for growth in the coming year and laid out its forecast for 2022 and 2023.

Former Citigroup executive Ray McGuire, who is running to be mayor of New York, will receive over $5 million from the Wall Street bank from 2022 through 2025.

Delta Air Lines is buying 25 more Airbus A321neo planes, according to a company memo sent on Thursday. The new sale brings Delta’s A321neo firm orders to 125 planes. The Atlanta-based carrier also has options for 25 more of the narrowbody jetliners, said the memo, which was seen by CNBC. “Adding these new efficient narrowbody jets to ou...

Intel CEO Pat Gelsinger announced earlier this month that the company plans to invest $20 billion in new microchip manufacturing plants.

The state’s COVID-19 positivity rate is down to 1.78% and 12 more deaths have been reported since Wednesday. Connecticut’s death toll is now 8,039. Earlier this week, the state hit the 8,000 mark in terms of virus-related deaths. The governor said the 7-day average is 2.5%, which is the lowest its been in about a month and a half. Hospi...

Economic growth could slow, and inflation is likely to see at least a momentary bump higher as the semiconductor shortage escalates, economists say.

President Joe Biden is expected to double the top long-term capital gains rate to 43.4%. But investors shouldn’t necessarily rush for the exits.

SpaceX is set to make history once again, as Elon Musk’s space company prepares to launch the Crew-2 mission for NASA on Friday morning.

Kerry, known as the “Climate Czar” is advocating for climate change worldwide.

The U.S. faced shortages for drugs used to treat Covid-19 patients during the pandemic as demand surged but supply.