The newsletter, Stocks @ Night, provides a detailed analysis of the stock market after hours, offering insights into what to expect for the following day. CNBC TV’s Diana Olick will be reporting on the state of office demand in the U.S, with a special focus on New York City. This information is crucial for investors
Investing
SunPower, once a prominent rooftop solar installer, has hit rock bottom with a recent bankruptcy filing. The company’s stock plummeted by 32% to a mere 55 cents per share, marking a staggering 90% decrease in value throughout the year. With assets and liabilities ranging between $1 billion and $10 billion, SunPower sought Chapter 11 protection
On Monday evening, brokerage firm Robinhood made the announcement that it would be halting overnight trading due to complications with its execution venue. The third-party firm, Blue Ocean ATS, that Robinhood partners with for round-the-clock trading, has decided to suspend overnight trading. This move has left many Robinhood users without the ability to engage in
Warren Buffett, the revered investor, shook up the financial markets with a surprising move over the weekend. He drastically reduced his stake in tech giant Apple by a staggering 49%, causing panic among investors. This unexpected decision sent Apple’s stock plunging by more than 7% in premarket trading on Monday. Buffett’s company, Berkshire Hathaway, revealed
When analyzing the stock picks favored by top Wall Street pros, Alphabet (GOOGL) stands out as a top choice. Despite the recent earnings report revealing a slowdown in YouTube advertising revenue, the overall strength in its Search and Cloud businesses has caught the attention of analysts. BMO Capital analyst Brian Pitz reiterated a buy rating
In the realm of customer service, sales, and marketing, the shift towards cloud-based contact centers has revolutionized the way businesses interact with their customers. Five9, a leading provider of intelligent cloud software, has been at the forefront of this innovation, offering a virtual contact center platform that streamlines customer interactions and empowers agents with real-time
Warren Buffett’s Berkshire Hathaway has been steadily selling off Bank of America shares, with a total of 19.2 million shares shed over three days for nearly $779 million. This consistent selling streak has now accumulated to over $3.8 billion in total sales. As a result, Bank of America has slipped to the No. 3 spot
Bill Ackman’s decision to withdraw plans for an initial public offering for Pershing Square USA reflects a shift in investor demand from the fund. Despite attempting to model the offering after Berkshire Hathaway, the initial excitement surrounding the IPO significantly waned, leading to the fund’s eventual withdrawal. Initially aiming to raise $25 billion, Pershing Square
Vanguard, a well-known asset management giant, has been facing criticism regarding its customer service in recent years. The new CEO, Salim Ramji, has acknowledged this issue and expressed a strong intention to improve the customer experience. Ramji has highlighted the potential benefits of artificial intelligence in enhancing customer service at Vanguard. He mentioned that applications
In recent times, the U.S. stock market has experienced significant volatility, prompting investors to seek stable options to balance their portfolios. One popular strategy is to invest in dividend-paying stocks, as they provide a consistent income stream and can help smooth out the fluctuations in the market. Wall Street analysts play a crucial role in