Warner Media CEO Jason Kilar is in the spotlight after AT&T increased its guidance for the growth of its streaming service. The company said on Friday that it expects HBO and HBO Max to grow…
Wells Fargo shares slide after fourth-quarter revenue falls…
A man walks past a Wells Fargo Bank branch on a rainy morning in Washington.Gary Cameron | ReutersWells Fargo on Friday released mixed results for the fourth quarter, sending the bank's stock lower.Here's how the…
A year after Covid began, Chinaâs economy is…
Chinaâs economic ascent is accelerating barely a year after its first coronavirus lockdowns, as its success in controlling Covid-19 allows it to boost its share of global trade and investment. The worldâs second-largest economy is…
TSMC’s massive capital spending plans for 2021 could…
SINGAPORE â Taiwan Semiconductor Manufacturing Co (TSMC) could face earnings pressure after the company announced plans for massive capital expenditure this year, an analyst told CNBC.Having posted record fourth-quarter earnings on Thursday, the world's largest…
My highest conviction call is investors are underestimating…
Wall Street may be in for a surprise.Ally Invest's Lindsey Bell believes investors are underestimating the strength of earnings season, which kicks off Friday with the banks."That's my biggest call going into this earnings season,"…
Jeff Bezos’ Blue Origin aims to fly first…
After years in development, Jeff Bezos' private space company Blue Origin aims to carry its first passengers on a ride to the edge of space in a few months.Blue Origin on Thursday completed the fourteenth test…
Bitcoin claws back most of losses from this…
Bitcoin has recovered most of the eye-popping losses registered at the start of the week, proving naysayers were too quick again to forecast the end of the recent surge in the controversial digital asset. The…
Biden’s $1.9 trillion Covid relief plan calls for…
President-elect Joe Biden on Thursday unveiled the details of a $ 1.9 trillion coronavirus rescue package designed to support households and businesses through the pandemic.The proposal, called the American Rescue Plan, includes several familiar stimulus…