Author: usaeverydaylife

Opening callsHappy mid-week from Singapore. Asia markets are poised for a lower open.Futures for Hong Kong’s Hang Seng Index stood at 25,344, pointing to a weaker open compared with the HSI’s last close of 25,524.45Similarly, Australia’s S&P/ASX 200 was set to start the day lower with futures tied to the benchmark at 8,662, compared with its last close of 8,704.6.Japan’s benchmark Nikkei 225 was set to open lower, with the futures contract in Osaka last traded at 40,650 against the index’s last close of 40,674.55.— Lee Ying ShanStocks close lower on TuesdayStocks closed lower on Tuesday, as investors turn their attention to the Federal Reserve’s interest…

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Starbucks shares rose more than 3% in extended trading on Tuesday, even though the coffee chain reported mixed quarterly results. Despite this, we heard enough positives to confirm that CEO Brian Niccol’s turnaround remains firmly on track. Revenue increased 3.8% year over year to $9.46 billion in the fiscal 2025 third quarter, beating the $9.31 billion expected by analysts, according to LSEG. Adjusted earnings per share (EPS) fell 46% year over year to 50 cents. Given one-time costs in the quarter primarily associated with a leadership conference in Las Vegas, it’s not clear if the reported EPS figure is comparable…

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Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as the S & P 500 snapped a six-day winning run and what’s on the radar for the next session. Starbucks The coffee company posted its sixth straight quarter of same-store sales declines. Starbucks shares are up 3% after the bell. In 2025, the stock is up nearly 2%. CNBC’s Kate Rogers covers Starbucks. She just came back from the…

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Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 25, 2025. Jeenah Moon | ReutersS&P 500 futures are near flat Tuesday night, after the benchmark snapped a win streak that brought it to record highs, as investors analyzed earnings reports and awaited the Federal Reserve’s interest rate decision.Futures tied to the broad index were up less than 0.1%, while Nasdaq 100 futures advanced 0.1%. Dow Jones Industrial Average futures lost 23 points.Starbucks shares climbed 4% after the bell after the coffee chain posted stronger-than-expected revenue for the third fiscal quarter. On…

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U.S. Federal Reserve Chair Jerome Powell attends the Federal Reserve’s Integrated Review of the Capital Framework for Large Banks Conference, in Washington, D.C., U.S., July 22, 2025. Ken Cedeno | ReutersConsidering nothing is likely to happen when it comes to major policy decisions, this week’s Federal Reserve meeting is packed with intrigue.When the Federal Open Market Committee releases its interest rate decision Wednesday afternoon, the narrative is almost certain to look a lot like the June meeting, with little changed in the statement and officials again holding off on any cuts.However, several fascinating subplots will be in play. Consider:Two Fed…

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Alphabet CEO Sundar Pichai during the Google I/O developers conference in Mountain View, California, on May 10, 2023.David Paul Morris | Bloomberg | Getty ImagesGoogle executives are pushing employees to act with more urgency in their use of artificial intelligence as the company looks for ways to cut costs. That was the message at an all-hands meeting last week, featuring CEO Sundar Pichai and Brian Saluzzo, who runs the teams building the technical foundation for Google’s flagship products.”Anytime you go through a period of extraordinary investment, you respond by adding a lot of headcount, right?” Pichai said, according to audio…

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Check out the companies making headlines in extended trading: Starbucks — The coffee chain’s shares added 3% in extended trading after revenue for the fiscal third quarter came in higher than expected. Starbucks posted revenue of $9.46 billion, while LSEG consensus estimates called for $9.31 billion. Same-store sales fell for the sixth consecutive quarter, however. Visa — Shares fell 3%. Visa reaffirmed full-year 2025 guidance of low double-digit net revenue growth. Separately, the financial technology company beat expectations on the top and bottom lines in the fiscal third quarter. Visa posted adjusted earnings $2.98 per share on revenue of $10.17…

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