Business

Barclays reported stronger-than-anticipated earnings on Wednesday, despite difficult market conditions and lingering concerns over Brexit. The U.K.-based bank posted £1 billion ($1.29 billion) in net income for the three-month period ending Sept 30. Analysts at data firm Refinitiv had been expecting third-quarter net income to come in at around £723 million. Here are the key
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Adam Galica | CNBC Aneel Bhusri, co-founder and CEO of Workday, at the 2018 WEF in Davos, Switzerland. Private software-as-a-service company Adaptive Insights was ready to go public, traveling around the country promoting its upcoming initial public offering to its stakeholders. Then cloud giant Workday came along, and $1.5 billion later, Adaptive Insights became a
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The troubling signs in the stock market — rallies in recession-era favorites like utilities and retailers and breakdowns in economically sensitive stocks tied to construction and housing — are all but lost on the Federal Reserve, Jim Cramer argued Monday. “When I scrutinize the charts of, say, Weyerhaeuser, Vulcan Materials, Martin Marietta Materials, U.S. Concrete,
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Although Google declined to share pricing information, The Verge reported on Friday that the fee for the Play Store bundle will be as high as $40 per device for high-end devices, based on confidential “fee schedule” documents. Google declined to comment. If true, that’s a pretty high cost, particularly if you believe that phone makers
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Joe Horowitz is a venture capital traditionalist. He believes in best practices, business fundamentals and calculated bets. But as megafunds and hundred-million-dollar rounds balloon valuations and flood the space, the Icon Ventures managing general partner finds himself fighting money with money. “If we don’t adjust to the reality of the implications of what the megafunds
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Tesla’s future as a mass-market car company hinges on efficient, automated production of the Model 3. Tesla will lose $6,000 for every $35,000 Model 3 it sells, says UBS analyst Colin Langan. It only breaks even if the car sells for over $41,000. Tesla has yet to produce the $35,000 base model of the Model
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Less than a month after survey software company SurveyMonkey held its public market debut, one of its top rivals, Qualtrics, announced plans to follow suit. Qualtrics filed its IPO prospectus on Friday, and will soon join SurveyMonkey on the Nasdaq Stock Market, trading under the symbol XM, which refers to “experience management.” Qualtrics, whose technology
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Source: Acadia Healthcare. North Tampa Behavioral Health facility in Wesley Chapel, Florida, owned by Acadia Healthcare.   Acadia Healthcare shares soared Thursday after Reuters reported that the U.S. behavioral health centers operator is in talks with private equity firms about selling itself. Acadia, which operates a network of nearly 600 behavioral health-care facilities with approximately 17,800 beds
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CNBC’s Jim Cramer argued on Wednesday that “mixed” economic data, coupled with more hawkish rhetoric from the Federal Reserve, were to blame for the stock market’s volatile trading session. “Remember what’s at stake here. We are now in the midst of earnings season, where we can piece together a mosaic of what’s really going on
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Al Drago | Bloomberg | Getty Images Mark Zuckerberg, chief executive officer and founder of Facebook Inc., listens during a joint hearing of the Senate Judiciary and Commerce Committees in Washington, D.C., U.S., on Tuesday, April 10, 2018. Major Facebook investors, including public pension funds and state officials, are pushing for Mark Zuckerberg’s ouster as
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As better-than-expected earnings results drove the Dow Jones Industrial Average more than 500 points higher on Tuesday, paring last week’s losses, CNBC’s Jim Cramer became cautiously optimistic about the fate of the rally. “When the Fed bears are away, the stock bulls will play,” the “Mad Money” host said. “As long as the Fed doesn’t
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If you like MacBooks, you should take a look at the Surface Laptop 2. It’s thin and light, just like you expect from a MacBook, but even beats Apple at some new features. For one, it has a touchscreen display. It’s convenient to be able to reach out and tap an icon or switch an
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