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.
European semiconductor shares traded sharply higher Wednesday, lifting U.S. rivals such as AMD and Micron following a report that suggests a key Asia supplier is seeing more orders for smartphone chips heading into the second quarter.
Dave & Buster's shares traded higher Wednesday after the themed restaurant group posted stronger-than-expected fourth quarter earnings and comparable sales growth thanks in part to a new virtual reality game platform leveraging movies series such as Men in Black and Star Trek.
Caterpillar shares traded lower Wednesday after analysts at Deutsche Bank cut their rating on the stock amid concerns the industrial equipment maker's order book could register negative growth over the near term as the global economy slows.
GameStop shares plunged Wednesday after the the world's largest video game retailer posted weaker-than-expected first quarter profits and said it wouldn't give guidance on earnings for the full year.
Viacom and T-Mobile US said Wednesday that the pair had reached a "major" content agreement that would see channels such as MTV, Nickelodeon and Comedy Central to be carried on mobile phones on the country's third largest wireless network.
Global stocks scaled a six-month high Wednesday, as oil prices approached $70 a barrel for the first since early November, as investors continue to bet on China's improving economy and a breakthrough in trade talks between Washington and Beijing.
Dow shares debuted on the New York Stocks Exchange Tuesday, while being added to the Dow Jones Industrial Average, after the group was formally spun-off from parent DowDuPont Inc. DWDP last night.
Walgreens Boots Alliance posted weaker-than-expected second quarter earnings Tuesday and slashed its 2019 outlook, warning profits would be "roughly flat" from the previous year.
Bitcoin prices spiked higher Tuesday, briefly topping the $5,000 mark for the first time in nearly five months, in a move that has left market watchers bewildered by the mysterious surge.
Global stocks traded mixed Tuesday, with markets in Asia touching a seven month high as Wall Street futures sputtered, as investors balanced stronger-than-expected factory data from the world's biggest economies against increasing evidence that their ongoing trade war has damaged growth in other parts of the world.
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