Fed’s Kashkari backs sentiment that policymakers can take their time...
Neel Kashkari, president and CEO of the Federal Reserve Bank of Minneapolis, during an interview in New York on Nov. 7, 2023.Victor J. Blue | Bloomberg | Getty ImagesInterest rates running at their highest levels in about 23 years are not hurting the economy and could buy...
Ken Griffin’s Citadel hedge fund rose 1.9% in January as volatility ramped up
Ken Griffin, CEO of Citadel, at CNBC's Delivering Alpha on Sept. 28, 2022.Scott Mlyn | CNBCBillionaire investor Ken Griffin's flagship hedge fund rose last month as volatility made a return amid the debate about rate cuts, according to a person familiar with the...
Stocks making the biggest moves midday: Nvidia, Boeing, Snap, Tyson Foods and...
Check out the companies making headlines in midday trading. Nvidia — The chipmaker climbed nearly 5% and reached an all-time high after Goldman Sachs increased its price target to $800 per share from $625. Catalent , Novo Nordisk — The contract drug manufacturer climbed about...
Stocks making the biggest moves after hours: Palantir Technologies, NXP...
Check out the companies making headlines after hours. Palantir Technologies — Shares jumped 17% after Palantir posted a revenue beat in the fourth quarter. Revenue came in at $608.4 million versus the $602.4 forecast by analysts, according to LSEG, formerly known as Refinitiv....
UBS beats earnings expectations, announces up to $1 billion share buyback
Fabrice Coffrini | Afp | Getty ImagesSwiss banking giant UBS on Tuesday narrowly beat fourth-quarter earnings expectations and announced that it would recommence share buybacks worth up to $1 billion in the second half of the year.The group posted a net loss attributable to...