The logo of Amazon Web Services (AWS) is seen during the 4th annual America Digital Latin American Congress of Business and Technology in Santiago, Chile, September 5, 2018. Ivan Alvarado | Reuters Amazon Web Services, the cloud-computing branch of the e-commerce giant, is further expanding its services in the growing space industry. The company announced
Month: June 2020
Micron Technology’s hard drive for data center customers is presented at a product launch event in San Francisco, October 24, 2019. Stephen Nellis | Reuters Check out the companies making headlines in midday trading. Micron — Micron traded more than 6% higher after the chip manufacturer posted better-than-expected results for the previous quarter. The company posted an
Forbes announced its first Impact 50 List in late 2019. What a difference six months makes. Impact investors are not just our canaries in a coal mine – they can shine a path forward that aligns our economic engines with our humanity. And there’s room for more investors and leaders on this road. I’m sitting
ROBERTO SCHMIDT It’s impossible to think about racial injustice in the U.S. without looking at the distribution of dollars. In many ways that Americans work to establish themselves financially — through the stock market, net worth and homeownership — Black families trail White families. “To put it simply, we don’t have a level playing field,” said Evelyn Brodkin, an
Fracking giant Chesapeake Energy’s bankruptcy filing comes following a financial mess at the company that included no budgets, a massive wine collection and a nine-figure bill for parking garages, sources told CNBC’s David Faber. CEO Robert D. “Doug” Lawler found in examining the company’s books a $110 million bill for two parking garages, Faber reported
A view of the Wall Street street sign with the New York Stock Exchange during the coronavirus pandemic on May 25, 2020 in New York City. Noam Galai | Getty Images Check out the companies making headlines midday Monday: Southwest — Goldman upgraded shares of Southwest to buy from sell and raised its 12-month price
A professional walking through your home was once part of a redesign or a sale. Los Angeles Times via Getty Images There was a time, not so long ago, that measuring was the time-consuming element of design work. In these Corona virus-sensitive days, it is a fraught part of the process. Thanks to improved technology,
Pending sale realtor sign Daniel Acker | Bloomberg | Getty Images Pending home sales spiked a stunning 44.3% in May compared with April, according to the National Association of Realtors. That is the largest one-month jump in the history of the survey, which dates back to 2001. It beat expectations of a 15% gain. Sales
Mastercard credit cards Roberto Machado Noa/ LightRocket via Getty Images How to find compelling stocks primed to outperform during a volatile second half of the year? Here are a few of the names the best-performing Wall Street analysts are betting on right now. As fears of a resurgence in the coronavirus sweep the globe, it could
Take a look at some of the biggest movers in the premarket: Nike (NKE) – Nike lost 51 cents per share for its latest quarter, well off the consensus forecast for a 7 cents per share profit. The athletic footwear and apparel maker’s revenue also came in far below expectations, hurt by lockdown-related store closures.
Brokers are seeing foreign buyers looking to scoop up real estate deals in Manhattan. Getty As the New York real estate industry navigates a new normal of slow sales and an oversupply of luxury listings, investment interest is coming from an unexpected place — Italy. Italian buyers, seeking a place to park their money as
A passenger walks through Reagan National airport as the novel coronavirus (COVID-19) pandemic continues to keep airline travel at minimal levels and the U.S. economy contracts in the first quarter at its sharpest pace since the Great Recession, in Washington, April 29, 2020. Kevin Lamarque | Reuters Direction requests Data from navigation tool Apple maps
The LKS Foundation is an Italian non-profit foundation that aims to promote initiatives that use the principle of sharing information through blockchain technology and spread the culture of fintech to innovate in sectors such as crowdfunding, ICO, and decentralized finance technologies. The Foundation’s President, Federico Olivo, is chairman and co-founder at Vistra SRL, a company
Getty Images Banks have pulled back from a popular credit card promotion on concerns that borrowers struggling during the coronavirus crisis may leave them with defaulting loans. Balance transfer offers, which typically entice borrowers to move their debt to a new lender in exchange for a temporary 0% interest rate, have been sharply reduced at banks
People walk by a Nike store in New York. Spencer Platt | Getty Images Check out the companies making headlines in midday trading. Nike — The sportswear maker slid more than 5% after the company reported a surprise loss for the fourth quarter as sales slumped 38% year-over-year. Nike lost 51 cents per share, compared with
Might the flexibility and adaptability of brand new office buildings, such as Zero Irving in New … [+] York City, help make them safer environments for employees returning from COVID-19 lockdowns? Davis Brody Bond Lockdowns are ending and Americans are slowly returning to their old workday haunts, aka their offices. It’d be great if they
Virgin Galactic’s spacecraft Unity comes into land during a glide test flight on May 1, 2020. Virgin Galactic Virgin Galactic successfully completed its second glide flight test in New Mexico on Thursday, a milestone that should set the company up to begin spaceflights next. The company said that after it completes “an extensive data review”
A man in a surgical mask walks by the New York Stock Exchange (NYSE) after more cases of coronavirus were confirmed in New York City, New York, U.S., March 10, 2020. Andrew Kelly | Reuters Next week brings an end, mercifully, to the first half of 2020. That’s the good news. The bad news: Wall
People are walking by the New York Stock Exchange (NYSE) building during Covid-19 pandemic in New York on May 26, 2020. Tayfun Coskun | Anadolu Agency | Getty Images The second half of 2020 is nearly here, and now it’s up to the economy to prove that the stock market was right about a sharp
MOUNTAIN VIEW, CA – DECEMBER 03: Actors Ashton Kutcher (L) and Mila Kunis attend the 2018 … [+] Breakthrough Prize at NASA Ames Research Center on December 3, 2017 in Mountain View, California. (Photo by C Flanigan/FilmMagic) FilmMagic The first home Ashton Kutcher and Mila Kunis bought together is now for sale asking $13.99 million
A woman walks past the U.S. Capitol building in Washington, June 25, 2020. Al Drego | Reuters After declining for three weeks, the number of borrowers delaying their monthly mortgage payments due to the coronavirus rose sharply once again. The number of active forbearance plans rose by 79,000 in the past week, erasing roughly half
Paramedics wait to bring a patient into the emergency room at Regional Medical Center on May 21, 2020 in San Jose, California. Justin Sullivan | Getty Images With an acceleration of coronavirus headlines starting to weigh on the U.S. stock market, strategists say they are now paying attention to a more refined set of disease
Good news for investors: Your broker-dealer is going to have to disclose a lot more about what he or she is advising you to buy or sell. Regulation Best Interest, or Reg BI, is coming into effect June 30 after more than two years of controversy and discussion. It requires broker-dealers — those who
Take a look at some of the biggest movers in the premarket: Accenture (ACN) – The consulting firm beat estimates by 5 cents a share, with quarterly earnings of $1.90 per share. Revenue also came in above Wall Street forecasts. Revenue was down about 1% from a year ago, but Accenture’s results were boosted by
Getty Long before the coronavirus pandemic, owners of shopping centers began focusing on ways to reimagine their properties to maintain their vibrancy over the next decade and beyond. As outlined in an excellent article by Greg Maloney, President & CEO of Americas Retail at JLL, this involves balancing short term considerations, like occupancy rates, with longer
The housing sector has been one of the most resilient areas of the economy during the coronavirus downturn, but the Moody’s Analytics chief economist Mark Zandi said Tuesday he expects the growth to moderate later in the year. Sales of new homes last month rose nearly 13% year-over-year, according to the Census Bureau. But Zandi
Vricon 3D visualization of Damascus, Syria. Maxar Space and satellite imagery company Maxar Technologies is taking full ownership of a joint venture it has held with Swedish aerospace group Saab, which the U.S. company expects will further its analytics offering. Maxar announced after the market closed on Tuesday that it intends to acquire full ownership of 3D
Stefan Zaklin | Getty Images Check out the companies making headlines in midday trading. Dell — Shares of the tech company jumped 7% following news that it was exploring options for its majority stake in VMware, which is worth roughly $50 billion. A sale or spinoff of the investment in the software company could not
A thing of the past? Music fans crowding the streets of Nashville will adjust to the new normal. Getty Images As cities around the country negotiate the stages of reopening for business after months of Corona virus-mandated shutdowns, special challenges confront metro areas that attract crowds of tourists. Nashville’s downtown, with its many bars and
Real estate agents leave a home for sale during a broker open house in San Francisco, California. Justin Sullivan | Getty Images Mortgage rates remained at a record low last week, but refinance demand pulled back anyway. That, in addition to a brief respite in the surprisingly strong demand from homebuyers, caused total mortgage application
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