Signage is seen outside of the Commodity Futures Trading Commission headquarters in Washington, Aug. 30, 2020. Andrew Kelly | Reuters The White House has vetted candidates for the four open commissioner positions at the Commodity Futures Trading Commission, three people with knowledge of the matter told CNBC. When — or if — the White House…
Check out the companies making the biggest moves midday: Guidewire Software — The platform for insurers plummeted 21% after revenue guidance for the current quarter fell short of expectations. Guidewire sees revenue ranging from $372 million to $378 million, versus the LSEG consensus estimate of $387 million. Full-year revenue guidance ranged from $1.71 billion to…
Bitcoin headed for its third straight winning week, as traders searched for refuge amid volatile moves in equities, currencies and bond markets. The token is also up 4.6% week to date and hit a high of $82,272.31 overnight. That marks its highest level since May 11, when bitcoin peaked at $82,499.99. It last traded at…
Check out the companies making the biggest moves in premarket trading: AMC Entertainment — The movie theater company gained 5.5% after its CEO slammed Robinhood for its stock tokens for AMC and others, calling the practice contemptible, outrageous and vile. Shares of Robinhood slipped nearly 2%. Equifax , TransUnion — The credit monitoring companies shed…
Check out the companies making the biggest moves premarket: Snowflake — Shares surged 24% after the company’s second-quarter results topped analyst expectations. For the quarter, Snowflake posted adjusted earnings of 62 cents per share on revenue of $1.55 billion. Analysts surveyed by LSEG had anticipated 45 cents in earnings per share and $1.48 billion in…
A Chinese flag flutters on top of the Great Hall of the People ahead of the opening ceremony of the Belt and Road Forum (BRF), to mark 10th anniversary of the Belt and Road Initiative, in Beijing, China October 18, 2023. Edgar Su | Reuters BEIJING — China has accused other G20 nations of “promoting…
New York Federal Reserve President John Williams said Wednesday that the recent surge in Treasury yields is the product of a strong economy, not market dysfunction. The central bank policymaker added in a CNBC interview that he’s still absorbing economic data, and did not commit on whether he thinks an interest rate hike is necessary….
Check out the companies making the biggest moves premarket: Vertiv — The AI infrastructure company’s shares slid less than 1% after it announced the $1.45 billion acquisition of UtilityInnovation Group. The deal also includes up to $1.15 billion in additional consideration tied to achieving EBITDA targets over 12- and 24-month periods, according to the company’s…
Berkshire Hathaway’s CEO Greg Abel said that rising yields in Japan isn’t impacting the major trading houses in the country the holding company has stakes in. In an appearance on CNBC’s “Squawk Box” on Wednesday, Abel said that while high yields are topical in Japan — with the nation’s 10-year bond yield hitting a 30-year…
An aerial view shows houses lying deluged in sludge after flash floods at Devighat, Bidur Municipality in Nepal’s Nuwakot district on August 27, 2026. Prabin Ranabhat | Afp | Getty Images Nepal’s renowned adventure tourism industry faces a sobering reality check, according to local mountain tourist associations and hostel owners, following devastating flooding on Nepal’s…
