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Newmont Shares Drop the Most in a Year as Gold Output Disappoints

Jennifer DuBois -
(Bloomberg) -- Newmont Corp. posted its worst day in 12 months after the world’s biggest gold producer reported earnings that missed analyst estimates...
Business

Discover Financial Falls After Disclosing Regulatory Review, Suspends Buybacks

Jennifer DuBois -
(Bloomberg) -- Discover Financial Services fell the most in more than three years after the lender disclosed that it was in discussions with...
Business

Nasdaq sinks as Tesla, Netflix plunge; Dow gains for 9th day: Stock market news today

Jennifer DuBois -
Stocks were mixed during Thursday's session, as the Nasdaq plummeted after Tesla (TSLA) and Netflix (NFLX) updates took the shine off the earnings...
Business

Tesla stock tumbles nearly 10% on margin concerns, Musk warning on Q3 production

Jennifer DuBois -
Tesla stock (TSLA) tumbled 9.7% on Thursday, its worst day since April, after the electric vehicle maker reported a revenue and earnings beat,...
Business

Bernanke Says Next Fed Interest Rate Hike May Be Its Last

Jennifer DuBois -
(Bloomberg) -- The Federal Reserve’s widely expected increase in interest rates next week may prove to be the last in its current credit-tightening...
Business

Elon Musk touched on Nvidia, Cybertruck, Warren Buffett, and the dangers of debt on Tesla’s latest earnings call. Here’s his 12 best quotes.

Jennifer DuBois -
Elon Musk mentioned Warren Buffett, Nvidia, cyborgs, and "Game of Thrones" on Tesla's earnings call.The Tesla CEO said he loves his loyal retail...
Business

A top economist says the stock-market mania reminds him of the dot-com and housing bubbles – and warns consumers are feeling the squeeze

Jennifer DuBois -
David Rosenberg warned the buzz around stocks today is similar to the mania before past crashes.He highlighted the Great Crash of 1929, the...
Business

Tesla CEO Elon Musk: ‘We’re using a lot of Nvidia hardware’

Jennifer DuBois -
Tesla (TSLA) CEO Elon Musk on Wednesday said the company is using so much Nvidia (NVDA) hardware to power its self-driving training systems,...
Business

Nasdaq falls as Tesla, Netflix sink; Dow eyes 9th day of gains: Stock market news today

Jennifer DuBois -
Stocks were mixed during Thursday's session, as the Nasdaq fell after Tesla (TSLA) and Netflix (NFLX) updates took the shine off the earnings...
Business

House prices predicted to fall 12pc with ‘little prospect’ of bounceback

Jennifer DuBois -
EasyJet has predicted record profits over the peak summer season even as the airline grapples with the impact of strikes and a scorching...
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