-
VMware Commits to Closing Workforce Gender Gap by 2030
“We want to see more diversity in the workplace. We’re committed to having 50% of our managers be women,” VMware COO Sanjay Poonen told CNBC’s Jim Cramer.
-
Salesforce Could More Than Double Its Valuation After $27.7 Billion Deal for Slack, Jim Cramer Says
The Slack deal will give Salesforce enterprise software provider the visibility it needs to grow into a $500 billion company, the “Mad Money” host said.
-
Asia Shares Mixed, Eyeing Economies Reopening, Central Banks
Asian shares are mixed as governments inch toward letting businesses reopen and central banks step in to provide cash to economies
-
5 Ways to Ensure the Coronavirus Outbreak Doesn't Cripple Your Retirement Savings
The recent market volatility may have you wondering just what to do with your retirement account.
-
Dos and Don'ts to Avoid Panic About Your 401(k)
As the stock market cratered again due to crashing oil prices and coronavirus fears, many investors grappled with pulling money out of equities and stock funds and moving it to safer investments, including bond funds, money market accounts — and cash.
-
Investors Seek Stability as Stocks Fall
Goodbye iPhones and Facebook feed. Hello power plants and bleach. Since stocks began tumbling two months ago, investors haven’t abandoned the market. At least, not all of it. In recent weeks, as they’ve pulled money out of funds that invest in go-go technology companies, they’ve also been buying utilities, companies that make everyday necessities for consumers and other stocks that...
-
Dow Drops 600 Points, Erases 2018 Gains as Target Drags Down
The major U.S. stock indexes fell sharply on Tuesday and turned negative for the year as a decline in Target shares pressured retailers, while the most popular tech shares dropped again. The Dow Jones Industrial Average dropped 606 points and the S&P 500 plunged 2 percent. The Nasdaq Composite also dropped more than 2 percent. The Dow and S&P 500...
-
After Long Losing Streak, US Stocks Surge on Solid Earnings
Stocks soared Thursday as strong earnings reports from market bellwethers like Microsoft and Comcast gave a boost of confidence to investors shaken by the recent wave of selling. The rally wiped out a large part of the market’s plunge from the day before, but stocks are still down sharply over the past three weeks.
-
Tech Companies Lead Another Steep Sell-Off in US Stocks
Another torrent of selling gripped Wall Street Wednesday, sending the Dow Jones Industrial Average plummeting more than 600 points and erasing its gains for the year. The Nasdaq composite, with a hefty roster of tech stocks, bore the brunt of the sell-off, leaving it more than 10 percent below its August peak, what Wall Street calls a “correction.”
-
Stocks Roar Back From 500-Point Loss in the Dow, But Still End Day Lower
Stocks fell on Tuesday as corporate results from Caterpillar and 3M disappointed investors, but the market managed to recover most of its losses later in the session as investors rotated into McDonald’s and defensive stocks like Procter & Gamble.
-
Tech Stock Rally Helps Snap Losing Streak as Rough Week Ends
Stocks rebounded Friday, clawing back some of the week’s steep losses, but the turbulent trading of the last few days left no doubt that the relative calm the markets enjoyed all summer had been shattered. Major U.S. indexes ended the week down about 4 percent, their worst weekly loss in six months. An index measuring the performance of small-company stocks...
-
Stock Market Experts Say This Is a Stumble, Not a Plunge
Woah, what was that? After months of relative calm, Wall Street has been jolted by a sudden run of turbulent trading. The swoon wiped more than 1,300 points from the Dow Jones Industrial Average over two days and dragged the benchmark S&P 500 index down more than 5 percent. The VIX index, which measures how worried traders are about a...
-
Stocks Plunge Again; Dow's 2-Day Loss Reaches 1,300 Points
U.S. stocks sank more than 2 percent Thursday, the second day of steep declines around the globe driven by concerns about rising interest rates and trade tensions that could slow economic growth. The Dow Jones Industrial Average fell 545 points after dropping 831 points Wednesday. The two-day loss of 5.3 percent is the biggest for Dow since February. The S&P...
-
Dow Industrials Sink 831 Points as Tech Companies Plunge
U.S. stocks plunged Wednesday as investors, fearful that rising interest rates and trade tensions could hurt company profits, ramped up their selling of high-flying technology and internet stocks. The Dow Jones Industrial Average fell 831 points, its worst loss in eight months. The losses were widespread, and stocks that have been the biggest winners on the market suffered steep declines....
-
Microwave, Clock Among 15 New Amazon Smart Products
Amazon announced 15 new Alexa-enabled products in less than 90 minutes at an event in Seattle on Thursday, further cementing the company’s commitment to the voice assistant space. The new suite of items range from microwaves, clocks, security devices and car gadgets, as well as upgrades to its iconic speaker Echo. It also introduced new ways to add Alexa to...
-
Trying to Get a Big Raise? You May Have to Quit Your Job
Despite one of the best job markets in decades, workers across the U.S. economy are struggling with a common frustration: What does it take to finally get a decent raise? It turns out you might have to quit your job. Americans who leave their employers to take a new job are enjoying pay raises that are one-third larger than raises...
-
US Stock Market's Bull Run Poised to Set Record for Longest Winning Streak
The bull market in U.S. stocks is about to become the longest in history. If stocks don’t drop significantly by the close of trading Wednesday, the bull market that began in March 2009 will have lasted nine years, five months and 13 days, a record that few would have predicted when the market struggled to find its footing after a...
-
Dow Drops Nearly 400 Points After Morgan Stanley, JP Morgan Lead Bank Stock Tumble
U.S. stocks sank Tuesday amid political turmoil in Italy that sent the euro tumbling and ongoing difficult trade talks with China. Bank stocks led the decline, CNBC reported. The Dow Jones industrial average fell 391.64 points — or 1.58 percent — to finish at 24,361.45 amid losses in Goldman Sachs, Boeing, and J.P. Morgan Chase. At its lows, the index...
-
As Tesla Fights to Make Profit, Wall Street Has Concerns
Elon Musk’s track record for technological feats as chief of SpaceX has turned skeptics into believers in everything from his quest to open space travel to Mars to his desire to build a tunnel for high-speed travel between New York and Washington. As Tesla’s CEO, his ambitious vision for electric cars has also earned him a faithful following. But now...
-
Stocks Tumble as Apple Drags Tech Sector Lower
Stocks dropped on Friday as a decline in Apple pushed the technology sector lower. A rise in interest rates also kept a lid on equities, CNBC reported. The Dow Jones industrial average fell 201.95 points, or 0.8 percent, to 24,462.94 as Apple as the worst-performing stock in the index. The Nasdaq composite declined 1.3 percent to close at 7,146.13. Read More