Baccardax, a former bond salesman who spent 8 years on the trading floor in Toronto and London, has worked in and around the global financial markets for more than 25 years, covering companies from birth in the bond markets to death in the bankruptcy courts -- and all points in between.
Following television stints with CNBC Europe in London, where he served as on-air Economics editor co-anchor of the Closing Bell program, Baccardax was named London Bureau Chief in October 2016.
Oracle shares ended higher after Securities and Exchange Commission filings showed that Warren Buffett's Berkshire Hathaway's investment fund dumped its entire stake in the software group.
Nvidia shares trade higher Friday after the chip designer posted stronger-than-expected fourth-quarter earnings and said sales for its current financial year would top Wall Street forecasts as key markets in China recover from their current slump.
PepsiCo posts fourth-quarter earnings that were largely in-line with analysts' forecasts, but says 2019 earnings would fall as the company boosts investments in some of its key consumer products.
U.S. equity futures edged higher Friday, following solid gains in Europe, on reports that officials from both the U.S. and China will continue trade talks next week in Washington, raising hopes of a near-term deal between the world's two biggest economies.
Deere & Co. posted weaker-than-expected first quarter earnings Friday, citing"unsettled" conditions in key markets, but noted that easing cost pressures would allow it to be "cautiously optimistic" on profits for the 2019 year.
Spain's Prime Minister, Pedro Sanchez, called for a snap election Friday in an effort to break a budget deadlock in Europe's fourth-largest economy that threatens to revive tensions linked to Catalonia's failed independence vote in 2017.
Global stocks traded lower Friday as investors worried that weakening data from the world's two biggest economies could signal a deeper growth slowdown while eyeing the market impact of President Donald Trump's decision to declare a national emergency after failing to win border wall funding from U.S. lawmakers.
Coca-Cola posts fourth-quarter profit in line with analysts' forecasts, but notes that 2019 organic revenue growth would slow and comparable earnings would likely remain flat.
Cisco Systems shares traded sharply higher Thursday after the network equipment maker posted better-than-expected second quarter earnings and said growth from its newer business units would continue to drive sales over the near term.
U.S. equity futures turned sharply red Thursday after data showed the weakest reading for December retail sales in nine years, erasing earlier gains linked to progress in trade talks between Washington and Beijing and data showing a surprise jump in January China export activity.
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