Stocks making the biggest moves after hours: Roku, Square, Wynn Resorts and more
Check out the companies making headlines after the bell: Roku shares plummeted as much as 13 percent during after-hours trading Wednesday despite beating on its top and bottom lines. The company reported a smaller than expected loss per share of...
Comcast is developing a video-streaming box for broadband-only customers
Comcast plans to roll out a new product for broadband-only subscribers that will allow customers to aggregate certain streaming apps, including Netflix, Amazon Prime and YouTube, with a voice-activated remote — a response to the ongoing challenge of navigating video...
Tax cuts have been controversial, but voters didn’t seem to care about them
Voters in the midterm elections felt neither tremendously motivated by the 2017 tax cuts nor had their lives been changed much by them, according to NBC News exit polls. Among those interviewed after voting Tuesday, some 45 percent said the...
Health care topped the economy as the biggest issue for voters now, here’s why
Health care was the top issue for Americans voting in Tuesday’s midterm elections — for an understandable reason. Spending on medical care has skyrocketed in the past 20 years, hitting record levels in 2018 and weighing on both workers and...
A new cold war is brewing between China and the US, says former Treasury Secretary Paulson
A new cold war is brewing between China and the U.S. if both nations don’t take steps toward reconciliation, former Treasury Secretary Henry Paulson warned in a speech that painted a bleak picture of the future between the two sides....
Treasury yields fall as the midterms result in a split Congress; Fed gathers for two-day meeting
U.S. government debt prices rose on Wednesday as midterm election results came in line with expectations, seeing the Democrats taking control of the House of Representatives and splitting Congress. As of 5:10 a.m. ET, the yield on the benchmark 10-year...
Wall Street foe Maxine Waters is likely to take over the House panel that oversees big banks
A fierce Trump critic and Wall Street foe appears poised to take control of the House’s powerful financial services committee. Rep. Maxine Waters has been the top Democrat on the banking panel since Barney Frank, the former congressman from Massachusetts,...
Mortgage applications drop to 4-year low as interest rates hit 8-year high
Rising interest rates are now clearly taking their toll on potential homebuyers. Total mortgage application volume fell 4 percent last week from a week earlier and plunged 16 percent from a year ago, according to the Mortgage Bankers Association’s seasonally...
Telecom gear provider CommScope is near a deal to acquire Arris for about $5.6 billion
Telecoms infrastructure company CommScope is nearing a deal to buy complementary telecom gear provider Arris for more than $31 a share, according to people familiar with the matter. A deal would give CommScope more scale with a more diversified product...
Your first trade for Tuesday, November 6
The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of Halliburton Karen Finerman was a buyer of UPS Brian Kelly was a seller of Lockheed Martin Guy Adami was a buyer of...
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