Uber, Pinterest, Caterpillar and more

An Uber banner on the New York Stock Exchange on the day of Uber’s IPO, May 10, 2019. Source: NYSE Check out the companies making headlines during Tuesday afternoon trading. Uber Technologies – Shares of Uber rose 17.6% after the ride-hailing giant reported quarterly revenue that exceeded analyst expectations. The company’s revenue was $8.07 billion, … Read more

How Activist Investor Elliott Plans to Support Value Creation on Pinterest

A banner for the online picture board Pinterest Inc. hangs on the New York Stock Exchange on the morning Pinterest makes its first public offering on April 18, 2019. Spencer Platt | Getty Images Company: Pinterest (PINS) Company: Pinterest is a visual discovery engine that helps people find inspiration for their lives, including recipes, style … Read more

Citi, Wells Fargo, Sunrun and more

Citigroup offices in New York City. Adam Jeffery | CNBC Check out the companies that make headlines during afternoon trading. Pinterest – Shares of the social media image-sharing company rose 15% after a report by the Wall Street Journal that Elliott Management has acquired a stake of more than 9%. Citigroup — Citigroup was up … Read more

UnitedHealth, Wells Fargo, Pinterest and others

Check out the companies that make headlines before the bell: UnitedHealth (UNH) – The health insurance company’s premarket share rose 1.7% after quarterly results and sales beat forecasts, raising its full-year outlook. The company’s results were supported in part by a strong performance from the Optum care unit. Wells Fargo (WFC) – The bank reported … Read more

5 things to know before the fair opens on Friday 15 July

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, July 13, 2022. Brendan McDermid | Reuters Here are the key news items investors need to start their trading day. 1. Stocks point to higher open Stock futures rose in premarket trading as investors consumed the latest round … Read more

Andreessen Horowitz Raises $4.5 Billion Crypto Fund in Down Market

Chris Dixon, General Partner at Andreessen Horowitz, discusses cryptocurrency at the TechCrunch Disrupt forum in San Francisco, October 2, 2019. Kate Munsch | Reuters Andreessen Horowitz plans to put billions of dollars into crypto start-ups while digital asset markets are in a rut. The Silicon Valley company on Wednesday announced a new $4.5 billion fund … Read more

Alphabet CEO Sundar Pichai: CNBC Interview

CNBC: Sundar Pichai, CEO of Alphabet and Google is interviewed by Deirdre Bosa. CNBC Google CEO Sundar Pichai said that as consumers put the Covid pandemic in the rearview mirror, the economy is clearly a growing concern for the company and the wider market. “We definitely see uncertainty ahead, just like everyone else,” Pichai told … Read more