More than 300 publicly traded companies are expected to report March quarter earnings next week as earnings season revs up. We’ve already previewed results from two companies that report before Monday’s opening bell: Coca-Cola and Prologis. Here are previews of…
Read MoreShort-sellers have ramped up their bets against SPACs. A hedge fund manager breaks down his approach — and explains why he's betting against a SPAC merger that has plunged 25% this year.
George Livadas is the founder of the long/short equity hedge fund Upslope Capital Management. Livadas takes a basket approach to shorting SPACs and stocks with questionable businesses. He breaks down why he’s shorting two stocks he says are pretending to…
Read MoreAn Uber shareholder is demanding more transparency about the impact of the company's lobbying efforts
The Teamsters General Fund, an Uber investor, wants the company to reveal more about its lobbying. The fund urged Uber shareholders to vote for its proposal requiring an annual report from Uber. It said Uber’s “highly innovative” but “controversial” lobbying…
Read MoreSo far in earnings season, companies are reporting numbers way above what Wall Street expected
Everyone knew earnings were going to be good, but this is really good. "There's evidence every day that growth is clearly improving around the world, today from the US to Australia," Ed Hyman, chairman and head of the economic research…
Read MoreCoinbase CFO: We're an on-ramp to the crypto economy
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. London (CNN Business)Cryptocurrency backers have spent years insisting that bitcoin, ethereum and other digital coins could revolutionize…
Read MoreJPMorgan pledges $2.5 trillion over the next decade toward climate change
JPMorgan is committing $2.5 trillion over the next 10 years toward climate action and sustainable development. $1 trillion from the initiative is earmarked for green projects, including renewable energy and clean technologies. "Climate change and inequality are two of the…
Read More3 Vanguard ETFs that can turn your stimulus check into $100,000
Former investment banking vice chair: ‘Now Main Street is going to come back’ Former investment banking vice chairman on earnings, economic outlook As the third round of stimulus checks reaches millions of bank accounts, many Americans are deciding how to…
Read MoreAsia-Pacific stocks see muted moves; Australia jobs data for March ahead
Australia's jobs data for March is set to be out at around 9:30 a.m. HK/SIN on Thursday. A U.S. Centers for Disease Control and Prevention panel decided Wednesday to postpone a decision on Johnson and Johnson's Covid-19 vaccine following the…
Read MoreStocks making the biggest moves midday: Goldman Sachs, Bed Bath & Beyond, Moderna and more
Check out the companies making headlines in midday trading. Goldman Sachs — Shares of the New York bank popped 4.4% in midday trading after the company posted first-quarter per-share earnings of $18.60—crushing the $10.22 estimate of analysts surveyed by Refinitiv—and…
Read MoreNovoCure, Synchrony, Twitter, Yum! and More Wednesday Afternoon Analyst Calls
With the trading day about halfway over, the broad markets were again somewhat mixed. The Dow Jones industrial average was leading the major indexes on the back of solid bank earnings. The Nasdaq saw a small loss despite bitcoin reaching…
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