An Amazon worker walks past his Amazon Prime delivery truck in Washington, DC, on February 19, 2022. Stefani Reynolds | Afp | Getty Images Check out the companies making headlines in extended trading. Amazon — Shares gained nearly 2% after the company beat on both top and bottom lines. Amazon posted earnings of 98 cents … Read more
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible.) Markets bounce : Stocks kicked off … Read more
If you think chocolate prices this Valentine’s Day were more expensive than usual, it’s not you. The price of cocoa , the key commodity used in chocolate, hit a record high last week at $5,798 per ton. Year to date, futures contracts are up nearly 27%, with cocoa prices rising in six of the past … Read more
Nelson Peltz David A. Grogan | CNBC Disney and its investors are going to start hearing a lot from activist investor Nelson Peltz. In the coming weeks, Peltz’s Trian Fund Management plans to post on X and add content to its website RestoreTheMagic.com as a crescendo to launching a dense white paper explaining its case … Read more
A customer shops in a Kroger grocery store on July 15, 2022 in Houston, Texas. Brandon Bell | Getty Images Investors have cheered a new class of weight loss drugs for their ability to help people shed unwanted pounds, but the findings of a recent poll underscore the challenges patients face if they cease treatment. … Read more
Detail of a recently opened cocoa pod in Asikasu on Dec. 19, 2020. Cristina Aldehuela | Afp | Getty Images Candy giant Mars said it aims to end the use of child labor in its supply chain after CBS News reported that children in Ghana are harvesting the cocoa that finds its way into the … Read more
