Teladoc CEO departs the company after stock’s 95% fall from 2021 highs
Jason Gorevic, CEO, Teladoc Scott Mlyn | CNBC Teladoc Health on Friday announced the sudden departure of CEO Jason Gorevic, who is leaving his role as head of the company…
Stocks making the biggest moves premarket: INTC, TMUS, AXP
Check out the companies making headlines before the bell. Intel — The chipmaker slumped more than 10% after issuing lower-than-expect first-quarter guidance . The company now expects revenue in the…
Stocks making the biggest moves midday: INTC, V, SAVE
Check out the companies making headlines in midday trading. Capital One Financial — Shares rose 4%, reaching a new 52-week high. On Thursday, Capital One posted fourth-quarter revenue of $9.51…
Spending is strong, delinquencies down from 2019
Stephen Squeri, chair and CEO of American Express, speaks during an Economic Club of New York event in New York on Nov. 10, 2022. Stephanie Keith | Bloomberg | Getty…
Affirm’s stock quintupled this year, beating all tech peers
Drew Angerer / Getty Images A year ago, there was little holiday cheer at Affirm. The point-of-sale lender was confronting rising interest rates, recession fears and weakening consumer spending. Affirm…
Stocks making the biggest moves midday: SEDG, RF, MRK
Check out the companies making headlines in midday trading. Schlumberger — The oilfield services stock dropped 2.9% after third-quarter revenue missed Wall Street expectations. Schlumberger reported $8.31 billion in revenue…
Apple, Goldman Sachs were planning a stock-trading feature for iPhones
As equities soared in 2020 and consumers flocked to trading apps like Robinhood, Apple and Goldman Sachs were working on an investing feature that would let consumers buy and sell…
Three-quarters of Warren Buffett’s equity portfolio are tied up in just 5 stocks. Here’s what they are
Warren Buffett’s Berkshire Hathaway reported more than $20 billion in equity investment gains for the second quarter, and over three-quarters of its stock portfolio were tied up in just five…
ASEAN moves closer to economic unity with new regional payments system
Indonesian President Joko Widodo makes a speech during the Association of Southeast Asian Nations (ASEAN) Foreign Minister’s Meeting in Jakarta, Indonesia on July 14, 2023. Murat Gok | Anadolu Agency…
American Express shares dip after earnings. Here’s how to play stock
Market Movers rounded up the best reactions from investors and analysts on American Express . The pros discussed the credit card company and its second-quarter results released before Friday’s market…