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Stock futures are mixed as investors digest more earnings news: Live updates – CNBC

4 hours ago Aggressive policy easing requires “clearer signals” from the Chinese government, analysts say China market expert Yang Wang said on Friday that the Chinese government needs to show “clearer signals” towards aggressive policy easing to halt growth slowdown. “Other than that, I don’t think the market can sustainably rise,” Wang, chief emerging markets […]

Regulators terminate Wells Fargo consent order, boosting stock – The Washington Post

Federal banking regulators said they have lifted a consent order issued against Wells Fargo in 2016 following the fake account scandal. The bank’s stock price rose more than 7% in afternoon trading following the disclosure. The consent order required Wells Fargo to reconsider how it offers and sells products and services. new orderIn a statement […]

Warren Buffett’s Berkshire Hathaway shrinks Paramount stock holding

FOX Business’ Charlie Gasparino details Paramount’s cash flow problems on “Craman Countdown.” Berkshire Hathaway, the conglomerate run by billionaire investor Warren Buffett, has sold about 30.4 million shares from its investment in Paramount Global. The fourth-quarter move disclosed Wednesday was a 32% decrease from the approximately 93.7 million shares held by the conglomerate at the […]

Typo in earnings report sends Lyft stock soaring by 67%

A typo in Lyft’s earnings report exaggerated a key profit metric by a factor of 10, sending the stock soaring 67% late Tuesday before management corrected the error and the stock price plummeted. Late Tuesday after the close of regular trading, the ride-hailing app said in a slideshow to investors that its gross profit margin […]

Looking for dividend income? Jim Cramer says consider this beverage giant's stock – CNBC

Shopify : The e-commerce company reported better-than-expected revenue on Tuesday, but its gross margin was a concern for investors. But Jim Cramer said in an interview with company president Harley Finkelstein that Shopify’s spending should help existing customers do more business with the company. Overall, it was an “incredibly good quarter,” Jim said. “I like […]

Uber stock pops more than 10% on $7 billion share buyback – CNBC

Uber Technologies CEO Dara Khosrowshahi speaks via webcast during Uber Technologies’ initial public offering on the floor of the New York Stock Exchange on May 10, 2019. Michael Nagle | Bloomberg | Getty Images UberThe company’s stock soared more than 10% Wednesday morning after the ride-hailing company announced it would buy back up to $7 […]