Pros on CNBC discussed talk about Amazon as the stock fell Friday.
U.S. wraps up fiscal year with a budget deficit near $1.7 trillion, up 23%
The U.S. ended up with an imbalance of $1.695 trillion, up about $320 billion, or 23.2%, from fiscal 2022.
Stocks making the biggest moves midday: SolarEdge, Regions Financial, Merck and more
These are the stocks posting the largest moves in midday trading.
Regional bank shares slump as lenders warn of more pain from higher interest rates
Several weak quarterly earnings reports highlighting the negative effect of higher interest rates soured investor sentiment on the industry.
It’s time to buy the dip in this private equity stock, analysts say
Wall Street analysts are recommending investors scoop up shares of Blackstone after a sharp decline on Thursday.
Fed’s Raphael Bostic doesn’t foresee rate cuts coming until ‘late 2024’
The central bank official told CNBC that there’s still a lot of work to be done before the Fed reaches its inflation goal of 2% annually.
Stocks making the biggest premarket moves: SolarEdge, Intuitive Surgical, Knight-Swift and more
These are the stocks posting the largest moves in the premarket.
Coinbase is ‘confident’ a U.S. bitcoin ETF will be approved after SEC’s court defeat
Coinbase is confident that a U.S. bitcoin exchange-traded fund will be approved by the Securities and Exchange Commission, its chief legal officer told CNBC.
After blockbuster Microsoft deal, gaming giants are still sitting on $45 billion cash hoard
Activision Blizzard, Electronic Arts and other public gaming firms hold $45.1 billion in cash and cash equivalents, according to venture capital firm Konvoy.
Turbine troubles have sent wind energy stocks tumbling — and a slew of issues remain
As the biggest players in wind energy gear up to report quarterly earnings, supply chain issues and reliability concerns are front and center.