Stocks making the biggest moves midday: DNUT, CHGG, ZM
Check out the companies making headlines in midday trading. Solventum — Shares surged roughly 10% after the health-care company announced it would sell its purification and filtration business to Thermo Fisher Scientific for $4.1 billion. The transaction is expected to…
Here’s why Trump tariffs may raise your car insurance premiums
Nitat Termmee | Moment | Getty Images The Trump administration’s tariff policies may raise auto insurance premiums for motorists, according to a new Insurify analysis, at a time when costs are already soaring. A 25% tariff on imports from Canada…
BRK, HOOD, NKE, PLTR and more
Check out the companies making headlines in midday trading: Berkshire Hathaway — Class A shares of Warren Buffett’s conglomerate jumped nearly 4% following a strong earnings report . The conglomerate said its operating profit skyrocketed 71% to $14.5 billion in…
China strives to attract foreign investment amid geopolitical tensions
Tensions between the world’s two largest economies have escalated over the last several years. Florence Lo | Reuters BEIJING — China is trying yet again to boost foreign investment, amid geopolitical tensions and businesses’ calls for more concrete actions. On Feb….
The Fed is stuck in neutral as it watches how Trump’s policies play out
U.S. Federal Reserve Chair Jerome Powell testifies before a Senate Banking, Housing and Urban Affairs Committee hearing on “The Semiannual Monetary Policy Report to the Congress,” at Capitol Hill in Washington, U.S., Feb. 11, 2025. Craig Hudson | Reuters The…
China carries big risks for investors, money manager suggests
Investors may want to reduce their exposure to the world’s largest emerging market. Perth Tolle, who’s the founder of Life + Liberty Indexes, warns China’s capitalism model is unsustainable. “I think the thinking used to be that their capitalism would lead to democracy,”…
Read Warren Buffett’s latest annual letter to Berkshire Hathaway shareholders
Warren Buffett’s Berkshire Hathaway raised its stakes in Mitsubishi Corp., Mitsui & Co., Itochu, Marubeni and Sumitomo — all to 7.4%. Bloomberg | Bloomberg | Getty Images Warren Buffett released Saturday his annual letter to shareholders. In it, the CEO…
Steve Cohen says tariffs, DOGE’s cuts are negative for economy
Steve Cohen, chairman and CEO of Point72, speaking to CNBC on April 3, 2024. CNBC Billionaire investor Steve Cohen doubled down on his negative view of the U.S. economy due to a backdrop of punitive tariffs, immigration crackdown and federal…
Stocks making the biggest moves premarket: UNH, RIVN, SQ, CELH
Check out the companies making headlines before the bell: Celsius Holdings — The energy drink maker skyrocketed more than 31% after surpassing expectations for fourth-quarter earnings and entering an agreement to acquire Alani Nutrition in a cash and stock deal….
Stocks making the biggest moves after hours: CELH, DBX, XYZ
Check out the companies making headlines after the bell : Booking Holdings — The online travel company jumped 3% after fourth-quarter results surpassed analysts’ expectations. Adjusted earnings came in at $41.55 per share and revenue clocked in at $5.47 billion….
Treasury sets new deadline for businesses to report ownership information
People take pictures of the US Treasury in Washington, DC, on Feb. 6, 2025. Mandel Ngan | AFP | Getty Images The Treasury Department has set a new deadline of March 21 for millions of businesses to fulfill a new…
Stocks making the biggest moves after hours: KVYO, CVNA, PLTR
Check out the companies making headlines in after-hours trading: Klaviyo — The software company surged almost 6% after fourth-quarter results topped Wall Street expectations. Klaviyo posted adjusted earnings of 7 cents per share on $270 million in revenue, above the…
Stocks making the biggest moves premarket: ETSY, SEDG, TOL, BMBL
Check out the companies making headlines before the bell: Capital One Financial , Discover Financial Services — Shares of Capital One gained 1.6%, while Discover Financial Services dipped 0.3%, after the two companies said their respective shareholders have voted to…
Stocks making the biggest moves after hours: ANET, BMBL, CDNS
Check out the companies making headlines after the bell : Howard Hughes Holdings — Shares slipped about 5% after Pershing Square’s Bill Ackman upped his takeover offer for the real estate company , vowing to turn it into a “modern-day”…
Stocks making the biggest moves premarket: LUV, MDT, SNOW, BBWI
Check out the companies making headlines in premarket trading: Delta Air Lines — Shares retreated 0.8% after a Delta flight from Minnesota to Toronto crashed on landing Monday afternoon. At least 18 people were reported injured, according to local officials….
Warren Buffett’s Berkshire Hathaway sells some DaVita, shares fall
Traders work on the floor of the New York Stock Exchange on Feb. 13, 2025. NYSE DaVita, a company that provides dialysis services, saw shares tumbling Friday after issuing a weak outlook amid rising care costs, while big investor Berkshire Hathaway…
More progress on inflation needed before more rate cuts
Federal Reserve Bank Governor Michelle Bowman gives her first public remarks as a Federal policymaker at an American Bankers Association conference In San Diego, California, February 11 2019. Ann Saphir | Reuters Federal Reserve Governor Michelle Bowman said on Monday…
Stocks to play EV-maker BYD’s new driver-assist rollout
As electric car giant BYD gets serious about driver-assistance systems, analysts expect its suppliers can benefit. Shares of the Hong Kong-listed automaker hit a record high in the past week after the company launched a driver-assistance system for a range…
The biggest investor self-defeating mistakes in trying to beat market
Index investing pioneer Charley Ellis says what gave rise to the success of the index fund remains true today: “It’s virtually impossible to beat the market,” he told CNBC’s Bob Pisani on last Monday’s “ETF Edge.” But Ellis warns of…
Here’s a potential winner from Trump tariffs: American tourists traveling abroad
A customer at a food market in Palma, Mallorca, Spain. Andrey Rudakov/Bloomberg via Getty Images As economists ring alarm bells over the impact of President Donald Trump’s tariff policy on consumers and the U.S. economy, there’s a group of Americans…
Retirement investor thinking on Social Security is all wrong
Based on a lot of the recent dire headlines, many Americans may have come to think of Social Security as an asset that is going to disappear from their financial future rather than be part of it, but it may…
Stocks making the biggest moves midday: Coinbase, Airbnb, WeRide, GameStop and more
These are the stocks posting the largest moves in midday trading.
Stock pickers are on record run. Don’t be fooled, says index fund guru
Stock picking looks easy, but the numbers prove it isn’t. S&P Global reports that after one year, 73% of active managers underperform their benchmarks. After five years, 95.5% of active managers miss the mark. After 15 years, nobody outperforms. That is not going…
Stocks making the biggest moves after hours: GME, COIN, ABNB, INFA
Check out the companies making headlines after the bell : GameStop — The video game retailer and meme-stock favorite jumped 7% in extended trading. GameStop is considering investing in bitcoin and other cryptocurrencies, sources familiar with the matter told CNBC….
Commerzbank earnings Q4 2024
Germany’s second-largest lender Commerzbank on Thursday announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a spate of new strategic targets. The job cuts will be accompanied by increases in staffing in…
Chinese businesses rush to try DeepSeek AI at ‘unprecedented’ scale
BEIJING — Chinese businesses are tapping DeepSeek’s newest artificial intelligence model to see how it can improve productivity. The Chinese AI model took the world by storm in recent weeks after showcasing its reasoning process and claims to undercut rival…
Warren Buffett buys more Occidental after 30% sell-off from record high
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 4, 2024. CNBC Warren Buffett’s Berkshire Hathaway purchased more shares of Occidental Petroleum after the oil and gas producer tumbled more than 30% from its record high. The…
Chinese tech giant Baidu to release next-generation AI model this year
Men interact with a Baidu AI robot near the company logo at its headquarters in Beijing, China April 23, 2021. Florence Lo | Reuters BEIJING — China’s Baidu plans to release the next generation of its artificial intelligence model in…
Fed Chair Powell says central bank doesn’t ‘need to be in a hurry’ to lower interest rates further
Federal Reserve Bank Chairman Jerome Powell testifies before the House Financial Services Committee in the Rayburn House Office Building on Capitol Hill on March 06, 2024 in Washington, DC. Chip Somodevilla | Getty Images Federal Reserve Chair Jerome Powell on…
BYD rolls out driver assist tech for EVs with DeepSeek’s AI help
Chinese electric car giant BYD announced on Feb. 10, 2025, that it would integrate DeepSeek into its artificial intelligence model that powers its new driver-assistance technology. Screenshot BEIJING — Chinese electric car giant BYD is going all in on driver…
Trump aims at ‘wasteful’ spending by ordering end to penny production
U.S. President Donald Trump meets with Japan’s Prime Minister Shigeru Ishiba (not pictured) at the White House in Washington, U.S., Feb. 7, 2025. Kent Nishimura | Reuters President Donald Trump ordered a halt to the production of new pennies, which…
Consumer Financial Protection Bureau staff to work remotely, HQ shuttered
Office of Management and Budget (OMB) Acting Director Russell Vought speaks with reporters during a press briefing at the White House in Washington, U.S., March 11, 2019. Jonathan Ernst | Reuters Consumer Financial Protection Bureau employees were told Sunday to…
DeepSeek’s AI breakthrough could get global investors interested in China again
DeepSeek’s rise is the catalyst that will prompt global investors to allocate more toward Chinese stocks, even as economic worries persist, analysts predict. “Before the overarching talk was, China is uninvestible. … Now you definitely see people start thinking it…
Many workers would take a pay cut to work from home
Coroimage | Moment | Getty Images Many workers value remote work to such a degree that they’d take a pay cut to be able to work from home, even on a part-time basis, studies show. The prevalence of remote work…
Trump may boost for big banks due to deregulation, small caps
The Trump administration may create powerful tailwinds for two vastly different market groups: Big banks and small cap stocks. In the case of financials, Astoria Portfolio Advisors’ John Davi predicts deregulation — along with a boost in IPO and mergers…
Stocks making the biggest moves midday: Amazon, Expedia, Pinterest, Skechers and more
These are the stocks posting the largest moves in midday trading.
Stocks making the biggest moves premarket: PINS, AMZN, TTWO, TSLA
Check out the companies making headlines before the bell: Affirm Holdings — Shares of the payment company popped 14% after Affirm exceeded earnings and revenue expectations for the fiscal second quarter . Affirm, which provides buy now, pay later loans,…
Big Tech, Magnificent 7 stock exposure: Time to reduce?
Big Tech’s historic gains could be affecting your portfolio’s makeup — especially if your goal is diversification. Astoria Portfolio Advisors CEO John Davi warns the S&P 500 index tilts too far in favor of the so-called Magnificent Seven stocks: Apple,…
F, LLY, HON, ARM and more
Check out the companies making headlines in premarket trading. Ford — The automaker’s shares dropped more than 5% in premarket trading after the company issued soft 2025 guidance , citing “headwinds related to market factors.” Ford did beat Wall Street’s…
Chinese telecom giant Huawei revenue surges despite U.S. sanctions
Huawei launched the Mate 70 series in an event in Shenzhen on November 26, 2024. The phones are the first capable of running Huawei’s new operating system called HarmonyOS NEXT. Huawei BEIJING — Chinese telecommunications and smartphone giant Huawei continues…
Stocks making the biggest moves premarket: Apple, AMD, Uber, Alphabet, PDD and more
These are some of the stocks posting the largest moves in premarket trading Wednesday.
Stocks making the biggest moves after hours: GOOGL, CMG, SNAP
Check out the companies making headlines after hours: Alphabet — Shares dropped 7.4% after Google parent Alphabet posted a revenue miss . Fourth-quarter revenue of $96.47 billion fell short of the $96.56 billion expected by analysts polled by LSEG. On…
Ken Griffin multistrategy Citadel hedge fund rose 1.4% in volatile January
Kenneth C. Griffin (R) speaks during The New York Times Dealbook Summit 2024 at Jazz at Lincoln Center on December 04, 2024 in New York City. Eugene Gologursky | Getty Images Billionaire investor Ken Griffin’s flagship hedge fund climbed in a…
Stocks making the biggest moves after hours: PLTR, NXPI, KD
Check out the companies making headlines in after-hours trading: Palantir Technologies — Shares of the defense tech company surged 21% after Palantir exceeded estimates on the top and bottom lines for the fourth quarter, and gave better-than-expected guidance for the…
Fintech GoCardless halves loss, targets full-year profit by 2026
Hiroki Takeuchi, co-founder and CEO of GoCardless. Zed Jameson | Bloomberg | Getty Images Financial technology unicorn GoCardless more than halved losses in 2024 and said it’s aiming to reach full-year profitability by 2026. The London-based startup, which helps businesses…
Stocks making the biggest moves midday: CL, TEAM, DECK, VRTX
Check out the companies making headlines in midday trading: Colgate-Palmolive — Shares slipped 4.6% after the household products company reported fourth-quarter revenue that missed analysts’ expectations and forecast weak 2025 sales given negative effects from foreign exchange rates. KLA Corporation…
L.A. wildfire victims face financial anxiety amid recovery
Homes burn above Pacific Coast Highway during the Palisades Fire on Jan. 8, 2025, in Pacific Palisades, Calif. Photo by Jeff Gritchen/MediaNews Group/Orange County Register via Getty Images Alicia Kalvin awoke the morning of Jan. 7 to an urgent text…
Will 2025 finally mark the end of the IPO drought?
Nasdaq president Nelson Griggs discusses the decline of companies going public and when the incentive for initial public offerings will return.
These are the 10 most underrated places to travel, say travel agents
Klaus Vedfelt | Digitalvision | Getty Images Looking for travel inspiration for 2025 and beyond? Look no further: CNBC asked 10 travel agents for their recommendations of the most underhyped destinations in the world. We compiled their written answers below,…
How tariffs on Canada, China and Mexico may impact U.S. consumers
President Donald Trump on Jan. 27, 2025 in Doral, Florida. Joe Raedle | Getty Images News | Getty Images President Donald Trump has repeatedly discussed imposing tariffs, both during the campaign and since taking office, and the first tranche, on…
Commerzbank touts record profit, launches buyback as it wards off UniCredit
A “mild recession” is on the cards, according to Commerzbank CEO Manfred Knof. Picture Alliance | Picture Alliance | Getty Images Commerzbank on Friday unexpectedly released quarterly results, touting “record” annual profit and announcing a new share buyback scheme. The…
Stocks making the biggest moves after hours: AAPL, INTC, TEAM, DECK
Check out the companies making headlines in after-hours trading: Apple — Shares rose nearly 3% as investors parsed the personal technology giant’s earnings report. While the company beat expectations for the fiscal first quarter on both lines, closely followed iPhone…
UPS, MSFT, CAT and more
Check out the companies making headlines before the bell: United Parcel Service — Shares fell more than 14% in premarket trading after the delivery giant said it reached a deal with Amazon , its largest customer, “to lower its volume…
Stocks making the biggest moves after hours: META, MSFT, TSLA, IBM
Check out the companies making headlines in after-hours trading: International Business Machines — The tech company’s shares surged 9%, driven by strong fourth-quarter results. IBM reported adjusted earnings of $3.92 per share on revenue of $17.55 billion. Analysts polled by…
Trump Media surges after expansion into financial services including crypto and ETFs
Trump Media and Technology Group is expanding into financial services, including investment vehicles, the firm announced Wednesday. Shares of the Truth Social parent company, which trade under the ticker DJT, jumped more than 10% in morning trading. President Donald Trump…
Steve Cohen says AI will be decadeslong theme
Steve Cohen, chairman and CEO of Point72, speaking to CNBC on April 3, 2024. CNBC MIAMI BEACH, Fla. — Billionaire investor Steve Cohen is standing by his long-term bullish view of artificial intelligence despite the wild volatility recently, saying the…
Nvidia is little changed as DeepSeek threat continues to plague AI chipmaker
Jen-Hsun Huang, chief executive officer of Nvidia Corp. Patrick T. Fallon | Bloomberg | Getty Images Nvidia wavered on Tuesday, one day after the emergence of a cheaper, open-source artificial intelligence model from China caused the shares to post the…
NVDA, ORCL, CEG, T and more
Check out the companies making headlines in midday trading: Nvidia — The chipmaker tumbled nearly 17% as the performance of a language model from Chinese startup DeepSeek raised questions about the amount of investment in artificial intelligence. With that performance,…
Nvidia, Microsoft, Constellation Energy, AT&T and more
Check out the companies making headlines in premarket trading. Nvidia — The artificial intelligence darling saw shares tumbling more than 11% in premarket trading, on track for its worst day since March 2020. The sell-off occured after Chinese startup DeepSeek…
Chinese AI applications are looking to move beyond chatbots
The World Artificial Intelligence Conference in Shanghai on July 6, 2023. Aly Song | Reuters BEIJING — A slew of releases last week demonstrate how Chinese companies such as DeepSeek and ByteDance have moved quickly with artificial intelligence models that…
Analysts list these Chinese stock plays to help investors ride out tariff volatility
Tariffs or not, Chinese markets are still waiting for earnings to turn around, analysts point out. “Regardless of what the number of the tariffs are for China, it comes back to the domestic stimulus for China and whether China can…
AmEx spending picked up at year-end, thanks to younger cardholders
Silas Stein | Picture Alliance | Getty Images American Express’ affluent cardholders got comfortable spending more freely again late last year, Chief Financial Officer Christophe Le Caillec told CNBC. Spending on AmEx cards jumped 8% year over year in the…
Stocks making the biggest moves midday: TXN, GRND, TWLO
Check out the companies making headlines in midday trading: Verizon Communications — The telecommunications giant saw shares climb 1% after the firm posted its strongest quarterly wireless subscriber growth in five years, boosted by solid demand for its customizable offerings…
Trump takes shot at Bank of America, revives claims of discrimination
President Donald Trump on Thursday accused the CEOs of the two largest American banks of refusing to serve conservatives, reviving a 2024 campaign talking point that the two companies deny. Speaking via video to an assembly held at the World…
Here’s how workers feel about return-to-office mandates
Justin Paget | Digitalvision | Getty Images Many workers hate the prospect of returning to the office five days a week — so much so that they’d quit their jobs if told to come in full time. To that point,…
World’s first downside protected bitcoin ETF: Calamos’ new crypto fund
A major exchange-traded fund provider is trying to take the volatility out of bitcoin investing. Calamos Investments launched the Calamos Bitcoin Structured Alt Protection ETF (CBOJ) on Wednesday. The firm brands it as “the world’s first downside protected bitcoin ETF.”…
BlackRock’s Fink says that the bond market will tell us where we’re going
BlackRock CEO Larry Fink said President Donald Trump’s efforts to unleash capital in the private sector could have unintended consequences that would hurt the stock market. “I’m cautiously optimistic. That being said, I have scenarios where it could be pretty bad,”…
NFLX, JNJ, ORCL, F and more
Check out the companies making headlines in midday trading. Netflix — The streaming giant soared nearly 12% to an all-time high on the heels of better-than-expected results in the fourth quarter. Netflix reported earnings per share of $4.27 on revenue…
Jamie Dimon on Trump’s tariffs: ‘Get over it’
JPMorgan Chase CEO Jamie Dimon said Wednesday the looming tariffs that President Donald Trump is expected to slap on U.S. trading partners could be viewed positively. Despite fears that the duties could spark a global trade war and reignite inflation…
NFLX, UAL, IBKR and more
Check out the companies making headlines in extended trading. Netflix — Shares soared more than 13% after the streaming giant surpassed 300 million paid memberships . Netflix also beat fourth-quarter expectations on the top and bottom lines, and it raised…
Bitcoin little change, as Trump token plunges over 20%
A cartoon image of US President-elect Donald Trump with cryptocurrency tokens, depicted in front of the White House to mark his inauguration, displayed at a Coinhero store in Hong Kong, China, on Monday, Jan. 20, 2025. Paul Yeung | Bloomberg…
Trump trade memorandum doesn’t impose tariffs on day one, but he says some could be coming
U.S. President-elect Donald Trump speaks during a rally the day before he is scheduled to be inaugurated for a second term, in Washington, U.S., January 19, 2025. Brian Snyder | Reuters President Donald Trump on Monday signed an executive order…
Chinese investment in the U.S. isn’t likely to pick up under Trump
Cho Tak Wong, the chairman of auto glass giant Fuyao Glass, bought the vacant General Motors manufacturing plant in Moraine, Ohio in 2014. The Washington Post | The Washington Post | Getty Images Chinese investments in the U.S. have dramatically…
China’s economy is waiting for stimulus. Here are the country’s plans
Passengers walk along the platform after disembarking from a train at Chongqing North Railway Station during the first day of the 2025 Spring Festival travel rush on Jan. 14, 2025. Cheng Xin | Getty Images News | Getty Images BEIJING…
Citigroup picks high-yield stocks to play China as tariffs loom
As Chinese markets prepare for higher tariffs and hope for more government stimulus , Citigroup analysts say some of their top picks are high-yielding mainland stocks. “Yield plays in the A-share market have become more attractive amid the government bond…
Capital One outage drags into second day, leaving some customers without deposit access
An outage affecting Capital One customers dragged into its second day Friday, further preventing some customers from accessing deposits, payments and transfers. On Thursday, the bank said the technical issue was the result of a glitch with a third-party vendor….
Stocks making the biggest moves midday: NVO, QRVO, JBHT
Check out the companies making headlines in midday trading. Crypto stocks – Stocks tied to crypto prices jumped amid reports that President-elect Donald Trump could release an executive order making crypto a national priority as soon as the first day…
CFPB fines Equifax $15 million over errors on credit reports
Elijah Nouvelage/Bloomberg via Getty Images The Consumer Financial Protection Bureau fined Equifax $15 million over errors tied to consumer credit reports, alleging the company failed to conduct proper investigations of disputed information, the federal watchdog announced Friday. Equifax is one…
Stocks making the biggest moves premarket: JBHT, QRVO, FAST
Check out the companies making headlines before the bell: J.B. Hunt Transport Services — Shares fell more than 7% after the company’s fourth-quarter earnings came in weaker than expected. J.B. Hunt earned $1.53 per share, below the LSEG consensus estimate…
BlackRock predicts another historic year for crypto
Bitcoin should rip higher under President-elect Donald Trump, according to BlackRock’s ETF chief. Samara Cohen, the firm’s ETF and index instruments chief investment officer, thinks cryptocurrency deregulation will “absolutely” propel bitcoin to another historic year. “There will be progress made…
Bank of America (BAC) earnings Q4 2024
Bank of America on Thursday posted results that topped expectations for profit and revenue on better-than-expected investment banking and interest income. Here’s what the company reported: Earnings: 82 cents vs. 77 cents expected, according to LSEG Revenue: $25.5 billion vs. $25.19…
JPMorgan Chase boosting buybacks after Dimon called stock expensive
CEO of Chase Jamie Dimon looks on as he attends the seventh “Choose France Summit”, aiming to attract foreign investors to the country, at the Chateau de Versailles, outside Paris, on May 13, 2024. Ludovic Marin | Via Reuters JPMorgan…
Citigroup (C) earnings Q4 2024 beat
Jane Fraser speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle Grillot | Bloomberg via Getty Images Citigroup reported its fourth-quarter earnings Wednesday morning ahead of Wall Street’s opening bell, beating…
Mark Wiedman, BlackRock exec thought to be Fink’s successor, is leaving
Mark Wiedman, head of BlackRock’s global client business, attends the Global Financial Leaders’ Investment Summit, in Hong Kong, Nov. 8, 2023. Tyrone Siu | Reuters Mark Wiedman, a senior BlackRock executive with a tenure that spans more than 20 years,…
Stocks making the biggest moves premarket: KBH, SIG, Teladoc, APLD
Check out the companies making headlines in premarket trading. Technology stocks — The group that was under pressure in Monday’s session bounced before the bell, trying to regain some of the lost ground. Nvidia and Palantir climbed more than 1%…
China’s electric car boom is expected to slow down in 2025
New electric vehicles destined for Belgium at a port in Taicang city in eastern China’s Jiangsu province on Jan. 11, 2025. Future Publishing | Future Publishing | Getty Images BEIJING — China’s electric car market is headed for a sharp…
Stocks making the biggest moves premarket: ANF, PINS, HHH
Check out the companies making headlines before the bell. Quantum stocks — Quantum stocks tumbled on Monday morning, following comments from Mark Zuckerberg echoing Nvidia CEO Jensen Huang that quantum is at least a decade away from being a “useful…
Bitcoin soared in 2024. How much — if any — should you own?
A bitcoin ATM in Miami. Joe Raedle | Getty Images News | Getty Images Bitcoin prices soared in 2024. But you may want to tread with caution before euphoria leads you on a hasty buying spree. Bitcoin and other crypto…
Analysts’ stock picks for playing China’s 2025 consumer stimulus plan
China economic policy kicked off 2025 with an expanded consumer stimulus program that analysts expect will benefit a handful of specific stocks. While the country has rejected handing out cash directly to consumers, since late summer it has subsidized some…
This ETF provider launches a new way to play Tesla
An exchange-traded fund provider is helping investors make more bets on Wall Street’s most profitable momentum trades. GraniteShares, which debuted its first installment of single-stock ETFs in 2022, now manages 20 of them. It includes the GraniteShares YieldBoost TSLA ETF…
Insurance stocks sell off sharply as potential losses tied to LA wildfires increase
In this aerial view taken from a helicopter, burned homes are seen from above during the Palisades fire near the Pacific Palisades neighborhood of Los Angeles, California on January 9, 2025. Josh Edelson | Afp | Getty Images Insurers exposed…
ALL, WBA, DAL, WBD and more
Check out the companies making headlines in midday trading: Delta Air Lines — Shares of the airline surged 9% on better-than-expected results for the fourth quarter. Delta posted adjusted earnings of $1.85 per share on $14.44 billion of revenue. That…
Stocks making the biggest moves premarket: SEDG, CART, RGTI, NVO
Check out the companies making headlines before the bell. SolarEdge Technologies — The solar stock dropped 6%. Citi downgraded SolarEdge to sell from neutral, saying the company faces “stubbornly high” operating expenses despite its restructuring announcement. Shares moved 6.6% and…
Fed Governor Bowman says December interest rate cut should be the last
Michelle Bowman, governor of the U.S. Federal Reserve, speaks during the Exchequer Club meeting in Washington, D.C., on Feb. 21, 2024. Kent Nishimura | Bloomberg | Getty Images Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest…
Slower pace ahead for rate cuts
Federal Reserve officials at their December meeting expressed concern about inflation and the impact that President-elect Donald Trump’s policies could have, indicating that they would be moving more slowly on interest rate cuts because of the uncertainty, minutes released Wednesday…
EIX, EBAY, GETY and more
Check out the companies making headlines in midday trading. eBay – Shares jumped almost 10% and touched 52-week highs after announcing that Meta is testing using its listings on Facebook Marketplace . Buyers from Facebook will be redirected to eBay…
Stocks making the biggest moves midday: GETY, TSLA, MRNA, SSTK
Check out the companies making headlines in midday trading. Nvidia — Shares of the artificial intelligent darling slid 6.2%, reversing course after rising to an all-time high earlier in the session. Nvidia announced new gaming chips for computers that use…
Stocks making the biggest moves after hours: CALM, AIR, GETY
Check out the companies making headlines in after-hours trading. Cal-Maine Foods – Shares gained 4% after the egg production company posted its latest quarterly results . For its second quarter of fiscal 2025, Cal-Maine Foods earned $4.47 per share on…
Latin American Stripe rival dLocal acquires UK payments license
DLocal is one of Latin America’s most prominent payment players. It specializes in cross-border payments for emerging markets such as Brazil, Mexico, Colombia and its home country, Uruguay. Sopa Images | Lightrocket | Getty Images LONDON — Uruguayan payments firm…
Stocks making the biggest moves midday: FUBO, PYCR, PLUG
Check out the companies making headlines in midday trading. FuboTV — The streaming provider soared 251% after confirming it struck a deal to combine its online live TV businesses with Walt Disney . The new venture will be 30% owned…
Ken Griffin’s flagship hedge fund at Citadel climbs 15.1% in 2024
Ken Griffin, founder and CEO of Citadel, speaks during The New York Times’ annual DealBook Summit in New York City, Dec. 4, 2024. Michael M. Santiago | Getty Images Billionaire investor Ken Griffin’s handful of hedge funds at Citadel all…
Chinese robot vacuum cleaner Roborock reveals AI-powered robotic arm
Beijing-based robot vacuum maker Roborock revealed a new model in January 2025 with an artificial intelligence-powered folding arm for removing obstacles. CNBC | Evelyn Cheng BEIJING — Chinese robot vacuum cleaner company Roborock revealed a new model on Monday that…
Air China tapped as prime candidate to rebound among struggling mainland carriers
Analysts are pointing to Hong Kong-traded Air China as the leading turnaround candidate among struggling Chinese airlines. China has been far slower than the U.S. to recover from the shock of the 2020-2023 pandemic as the world’s second-largest economy faces…
X, CVNA, SQ and more
Check out the companies making headlines before the bell: U.S. Steel — U.S. Steel shares slid nearly 8% after President Joe Biden blocked Japanese company Nippon Steel’s $14.9 billion takeover of U.S. Steel, saying “U.S. Steel will remain a proud American company.”…
How to rebalance your portfolio after lofty stock returns in 2024
D3sign | Moment | Getty Images Stocks soared in 2024. Congratulations! After taking a victory lap, it may be time to adjust your portfolio — because those heady returns likely threw your investment allocations out of whack. The S&P 500,…
RIVN, BUD, F and more
Check out the companies making headlines in midday trading: Rivian Automotive — Shares popped 24.5% after the electric vehicle maker’s vehicle production and deliveries for 2024 met the company’s previously announced guidance. This comes after the company had lowered its…
Stocks making the biggest moves midday: TSLA, U, CEG
Check out the companies making headlines in midday trading: Tesla — The electric vehicle maker slipped 8% after reporting its first ever annual vehicle deliveries decline . Tesla delivered 1.79 million vehicles in 2024, a drop from 1.81 million in…
Market speculation picks up to start 2025 as crypto stocks jump
A holding page for Keith Gill, a Reddit user credited with inspiring GameStop’s rally, before a YouTube livestream arranged on a laptop at the New York Stock Exchange on June 7, 2024. Michael Nagle | Bloomberg | Getty Images Crypto…
Grayscale’s Zach Pandl reveals how politics and the economy are driving bitcoin’s bull run
The crypto market has the wind in its sails as 2025 kicks off, especially given the current macro and political backdrop, according to Grayscale’s Zach Pandl. “It was an excellent year not only for crypto, but for many other assets,”…
5 advisors offer important tips for managing your money in 2025
Personal finances are top of mind for many households as they get set to ring in the new year. About 38% of Americans ranked financial stability as their No. 1 focus area for 2025, according to a recent Allianz Life…
Art Cashin’s sons pay homage to NYSE legend by carrying on New Year’s poem tradition
For decades, Art Cashin, UBS’ director of floor operations at the New York Stock Exchange, would write a New Year’s poem to reflect back on the year’s events. With Cashin’s passing earlier this month, his sons, Arthur and Peter, sent…
INTC, BHVN, NVDA and more
Check out the companies making headlines in midday trading: Intel — The struggling chip stock bounced into year-end, rising 1.2%. Intel has plunged just over 60% in 2024, making the stock poised to see its worst year on record and…
Bitcoin (BTC) price predictions for 2025
Representations of cryptocurrency Bitcoin are seen in this illustration taken Nov. 25, 2024. Dado Ruvic | Reuters After a blistering rally in bitcoin this year, crypto investors and industry executives told CNBC they’re expecting the flagship cryptocurrency to hit new…
Stocks making the biggest moves midday: MSTR, BA, NVDA
Check out the companies making headlines in midday trading. Boeing — The aircraft stock shed 2% after South Korea ordered an inspection of all 737-800 planes operated by domestic carriers following the deadly Jeju Air crash over the weekend, which…
GME, MSTR, HMC and more
Check out the companies making headlines before the stock market opens: GameStop — Shares jumped more than 4%, extending their gains from Tuesday. The video game retailer has risen four straight days and climbed more than 77% in 2024. Crypto…
Treasury delays deadline for small businesses to file new BOI form
Janet Yellen, U.S. Treasury secretary, on a tour of the Financial Crimes Enforcement Network (FinCEN) in Vienna, Virginia, on Jan. 8, 2024. Valerie Plesch/Bloomberg via Getty Images The U.S. Treasury Department has delayed the deadline for millions of small businesses…
AVGO, HMC, GME, KULR and more
Check out the companies making headlines in midday trading: KULR Technology Group — The space technology company skyrocketed more than 40% after it bought 217.18 bitcoin worth about $21 million. The cryptocurrency purchase was the first for the company since it…
RGTI, KULR, MSTR and more
Check out the companies making headlines before the bell: Rigetti Computing , Quantum Computing , D-Wave Quantum — Stocks tied to quantum computing were surging in premarket trading, building on a strong year-end rally for the budding industry . Shares…
If interest rates stay ‘higher for longer,’ the winners are those with cash accounts
Images By Tang Ming Tung | Digitalvision | Getty Images Many people, especially those with debt, will be discouraged by the recent Federal Reserve forecast of a slower pace of interest rate cuts than previously forecast. However, others with money…
Stocks making the biggest moves midday: RCAT, RGTI, HMC
Check out the companies making headlines in midday trading: Rigetti Computing — The quantum computing stock soared 11%, adding to the sector’s robust end-of-year rally . Shares of Rigetti are now up 1,674% on the year. KULR Technology Group —…
10-year Treasury yield back above 4.6% after mixed jobless claims data
Treasury yields were slightly higher early Friday after a mixed set of data on weekly jobless claims. The yield on the benchmark 10-year Treasury was 3 basis points higher at 4.607%, slightly down from its peak earlier in the week but…
Treasury yields are flat as investors digest jobless claims data
Traders work at the New York Stock Exchange on Dec. 17, 2024. NYSE Treasury yields traded near the flatline Thursday morning as investors digested new data on weekly jobless claims. The yield on the 10-year Treasury turned flat at 4.581% after…
NVO, FDX, SBUX and more
Check out the companies making headlines before the bell: Novo Nordisk — Shares plunged more than 19% after the Danish pharmaceutical giant reported disappointing late-stage trial results for its experimental weight loss drug CagriSema. Rival obesity drug maker Eli Lilly…
NVO, HMC, XRX, TSLA and more
Check out the companies making headlines in premarket trading: Novo Nordisk — The stock jumped about 5%, rebounding from the nearly 18% losses seen in the previous session. On Friday, the Danish pharmaceutical giant’s experimental weight loss drug, CagriSema, reported…
Biggest banks sue the Federal Reserve over annual stress tests
A group of banks and business groups are suing the Federal Reserve over the annual bank stress tests. The Bank Policy Institute, which represents big banks like JPMorgan, Citigroup and Goldman Sachs, is joining the American Bankers Association, the Ohio…
在哪裡可以找到最新的美元利率走勢？
最新的美元利率走勢 人們普遍預計聯準會將在周三為期兩天的政策會議結束時降息 25 個基點，市場定價的可能性為 97%。然而，真正的焦點將是聯準會將隨決定一起發布的最新經濟預測。具體來說，交易員將尋找中點來縮小範圍，該點顯示官員認為他們可以在明年降息的次數。 收益率差異縮小或收益率差距縮小往往會損害美元。這是因為，當有其他投資提供更高回報時，投資者不太可能願意持有收益率低於其他一組貨幣（例如十國集團其他成員）的貨幣。 美元利率走勢 幸運的是，仍然有很多理由看好美元。美國的經濟成長仍然強於大多數其他主要經濟體，美國的利率仍然顯著高於大多數其他國家。在過去十年的大部分時間裡，這些因素的結合幫助維持了美元相對於其他主要貨幣的強勢。 在哪裡可以找到最新的美元利率走勢？ 然而，如果聯準會降息速度快於其他央行，這可能會對美元造成壓力。值得注意的是，歷史上美元與油價有著強烈的相關性，近期原油大幅下跌令美元承壓。但這不是長期趨勢，不應導致「美元熊市」的出現，從而拖累整個全球經濟。 發現最新的美元利率趨勢對於投資者、外匯交易者和企業至關重要，因為利率對經濟、貨幣估值和市場動態產生重大影響。多個權威可靠的來源提供有關利率趨勢的最新信息，幫助利益相關者根據美聯儲（Fed）的走勢和整體經濟形勢做出明智的決策。 聯準會官方網站是有關美元利率最新資訊的最可靠來源。聯準會定期發佈公告、新聞稿和會議紀要，概述當前的利率決定和未來預測。每年舉行八次的聯邦公開市場委員會 (FOMC) 會議尤其重要，因為它們決定聯邦基金利率，而聯邦基金利率會影響整個經濟的借貸成本。交易員和分析師密切關注聯邦公開市場委員會的聲明、政策變化和經濟預測，以預測未來的利率趨勢。 彭博社、路透社、CNBC 等財經新聞平台也提供美元利率的即時更新。這些平台不僅涵蓋聯準會的公告，還提供專家評論、市場分析以及利率趨勢如何影響各種金融工具（包括債券、股票和貨幣）的見解。它們經常採訪經濟學家和行業專家，提供政策變化的背景和解釋。
Stocks making the biggest moves midday: AAL, AVGO, JPM
Check out the companies making headlines in midday trading: American Airlines — Shares added 0.6%, recovering from earlier losses, after the airline temporarily grounded all of its flights due to a technical issue. Broadcom — The semi stock added 3.2%,…
Stocks making the biggest moves midday: Nordstrom, Honda, MicroStrategy, Broadcom and more
These are the stocks posting the largest moves in midday trading.
Why the ‘great resignation’ became the ‘great stay’: labor economists
Sdi Productions | E+ | Getty Images The U.S. job market has undergone a dramatic transformation in recent years, from one characterized by record levels of employee turnover to one in which there is little churn. In short, the “great…
Fintechs are 2024’s biggest gainers among financials
Jason Wilk Source: Jason Wilk Jason Wilk, the CEO of digital banking service Dave, remembers the absolute low point in his brief career as head of a publicly-traded firm. It was June 2023, and shares of his company had recently…
How much Mariah Carey makes from ‘All I Want For Christmas Is You’
Mariah Carey performs “All I Want for Christmas Is You” at the 2023 Billboard Music Awards. Gilbert Flores | Penske Media | Getty Images “I don’t want a lot for Christmas / There is just one thing I need /…
How the Federal Reserve’s rate policy affects mortgages
The Federal Reserve lowered its interest rate target three times in 2024. This has many Americans waiting for mortgage rates to fall. But that may not happen for some time. “I think the best case scenario is we’re going to…
India may have fastest growing e-commerce sector
Investors may want to consider adding exposure to the world’s second-largest emerging market. According to EMQQ Global founder Kevin Carter, India’s technology sector is extremely attractive right now. “It’s the tip of the spear of growth [in e-commerce] … not…
Stocks making the biggest moves midday: NVO, AVO, OXY
Check out the companies making headlines in midday trading: JPMorgan , Bank of America , Wells Fargo — The three U.S. banks that dominate transactions on the Zelle payments network all rose around 2% despite a Friday lawsuit from the…
CFPB sues JPMorgan Chase, Bank of America, Wells Fargo over Zelle fraud
Rohit Chopra, director of the CFPB, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled “The Consumer Financial Protection Bureau’s Semi-Annual Report to Congress,” in the Dirksen Building on Nov. 30, 2023. Tom Williams | Cq-roll Call,…
FDX, NKE, X and more
Check out the companies making headlines in after-hours trading. FedEx – Shares rose 8% following the delivery giant’s better-than-expected earnings. For its fiscal second quarter, FedEx reported adjusted earnings of $4.05 per share, above the $3.90 per share that analysts…
Stocks making the biggest moves midday: DRI, MU, LW, HIMS
Check out the companies making headlines in midday trading. Hims & Hers — Shares of the telehealth startup shares lost more than 10% after the U.S. Food and Drugs Administration said the active ingredient in Eli Lilly’s Mounjaro and weight…
China self-driving truck company TuSimple pivots to genAI for games
Workers setting up the TuSimple booth for CES 2022 at the Las Vegas Convention Center on Jan. 3, 2022. Alex Wong | Getty Images News | Getty Images Embattled Chinese autonomous trucking company TuSimple has rebranded to CreateAI, focusing on…
Stocks making the biggest moves premarket: GIS, NVDA, JBL
Check out the companies making headlines before the bell. General Mills — The maker of consumer food products such as Cheerios and Cocoa Puffs sank 5% after trimming its outlook for 2025. General Mills said it now expects adjusted earnings…
Why the Dow is in such a historic funk and how concerned you should be
Traders work on the floor at the New York Stock Exchange on Dec. 10, 2024. Brendan McDermid | Reuters The Dow Jones Industrial Average has been declining for nine straight days, posting its longest losing streak since February 1978. What is…
PFE, TSLA, SEDG, RCAT and more
Check out the companies making headlines in premarket trading. Pfizer — The drugmaker’s stock climbed more than 2% in premarket trading after the company released 2025 forecast that met Wall Street expectations . Pfizer said it expects revenue between $61 billion and…
Stocks making the biggest moves midday: NVDA, AVGO, MSTR, SMCI
Check out the companies making headlines in midday trading: Nvidia — Shares slipped roughly 1.7%, putting the artificial intelligence chipmaker officially in correction territory after tumultuous trading over the past month. MicroStrategy — The bitcoin proxy stock dipped marginally after…
MicroStrategy shares jump as bitcoin proxy will join Nasdaq-100 index
Michael Saylor, chairman and CEO of MicroStrategy, speaks during the Bitcoin 2022 conference in Miami on April 7, 2022. Eva Marie Uzcategui | Bloomberg | Getty Images Shares of MicroStrategy were higher Monday after Nasdaq announced the bitcoin proxy will…
Memecoins like Fartcoin are riding Trump’s victory to huge valuations. Experts say it may have only begun
Yes, it’s called Fartcoin. Yes, it is totally useless. And yes, it has nevertheless tripled in value over the past week to a market capitalization of more than $700 million — about equal to those of Office Depot, Guess jeanswear, and…
China gears up for an uncertain 2025. How investors plan to prepare
Investor confidence in Chinese earnings’ growth remains the missing ingredient to drive a sustained stock market rally in the world’s second-largest economy, already barraged by government stimulus measures and the overhang of U.S. tensions. “For Chinese equities to meaningfully outperform,…
Invesco launches ETF to maximize on the tech concentration craze
Invesco launched an exchange-traded fund designed to give investors exposure to the top 45% of companies in the Nasdaq-100 Index. Brian Hartigan, the firm’s global head of ETFs and index instruments, runs Invesco QQQ Trust (QQQ), which is the fifth-largest…
Here’s how to retire a millionaire, according to finance pros
Goran Babic | E+ | Getty Images Building a $1 million nest egg may seem an impossible feat. However, amassing such retirement wealth is within reach for almost anyone — provided they take certain steps, financial advisors say. “You might…
Stocks making the biggest moves midday: Tesla, Broadcom, Upstart, Penn Entertainment, RH and more
These are the stocks posting the largest moves in midday trading.
ADBE, WBD, RIOT and more
Check out the companies making headlines in midday trading: Adobe — The software company tumbled more than 12% after it announced lighter-than-expected revenue estimates for the fiscal first quarter. Adobe guided for revenue between $5.63 billion and $5.68 billion in…
Flushing Financial seeks to raise $70 million
Flushing Bank in New York City. Google Earth Flushing Financial, a New York-based commercial real estate lender, is seeking to raise $70 million to shore up its capital, CNBC has learned. The bank’s CEO, John Buran, has told potential investors…
Stocks making the biggest moves after hours: ADBE, CHWY, OXM
Check out the companies making headlines in extended trading. Adobe — The software company fell 8% after issuing lighter-than-expected revenue estimates for the fiscal first quarter. Adobe guided for revenues between $5.63 billion and $5.68 billion in the period, lower…
Stocks making the biggest moves midday: AVGO, GEV, SFIX, GME
Check out the companies making headlines in midday trading: Broadcom — Shares added 5% following a report from The Information that the semiconductor manufacturer was assisting Apple in creating an artificial intelligence chip. Shares of Apple traded less than 1%…
China ramps up Wall Street meetings as Trump inauguration looms
Chinese Vice Premier He Lifeng has met with several U.S. finance executives in the last month as Beijing seeks to build relationships ahead of President-elect Donald Trump’s planned tariffs on China. He Lifeng is one of China’s four vice premiers,…
Stocks making the biggest moves midday: GOOGL, SIRI, MDB, ALK
Check out the companies making headlines in midday trading: Alphabet — The online search giant operator launched its latest quantum chip, called Willow. Alphabet said this marks a major breakthrough in the field of quantum computing, leading shares 5.6% higher….
Stocks making the biggest moves after hours: ORCL, AI, MTN, PL
Check out the companies making headlines in extended trading: Oracle — Stock in the computer technology company slipped 5% after Oracle slightly missed fiscal second-quarter earnings estimates. The firm reported adjusted earnings of $1.47 per share, while analysts polled by…
The U.S. job market is stagnant right now
Rudi_suardi | E+ | Getty Images The U.S. job market has been stagnant of late, a dynamic that contains both good and bad news for U.S. workers. On the one hand, businesses are holding on to their existing workforce, meaning…
Stocks making the biggest moves after hours: ULTA, GTLB, LULU, DOCU
Check out the companies making headlines in after-hours trading. Ulta Beauty – The beauty retailer jumped 12% after posting beats on the top and bottom lines in the fiscal third quarter. Ulta reported earnings of $5.14 per share on revenue…
Electric car stock plays for 2025 as GM, Tesla struggle in China
If 2024 was the year that traditional foreign automakers were shown the exit on China’s car market, 2025 looks to be the year that a few local electric car companies can solidify their leadership. “In China, [new energy vehicle] leaders…
Stocks making the biggest moves premarket: LULU, DOCU, WOOF, ULTA
Check out the companies making headlines before the bell: Lululemon — Shares popped 9% after the athletic apparel retailer topped Wall Street’s estimates for the fiscal third quarter and shared in-line holiday guidance. Samsara — The stock moved more than…
AI growth is just getting started, BlackRock’s thematic ETF head says
BlackRock expects infrastructure and cybersecurity plays to shine in 2025. Jay Jacobs, the firm’s U.S. head of thematic and active ETFs, cites the artificial intelligence boom as a major catalyst. “It’s still very early in the AI adoption cycle,” he…
CFPB sues Comerica Bank over federal benefits program
A Comerica Bank sign on a building in Walnut Creek, California, March 30, 2023. Smith Collection/gado | Archive Photos | Getty Images The Consumer Financial Protection Bureau filed a complaint Friday against Comerica Bank, accusing the regional bank of failing…
LULU, HPE, RBRK, AMC and more
Check out the companies making headlines in midday trading: Lululemon — The athleisure retailer soared more than 18% after topping Wall Street’s estimates for the fiscal third quarter and issuing in-line guidance for the holiday season. Petco — Shares jumped…
UniCredit’s Orcel could still sweeten his bid and take on a double M&A offensive
Andrea Orcel, chief executive officer of Unicredit, in London, UK, on Thursday, Nov. 23, 2023. Bloomberg | Bloomberg | Getty Images Divided between two takeover courtships, UniCredit’s Andrea Orcel still has room to sweeten his bid for Italy’s Banco BPM,…
AEO, AAL, VRNT and more
Check out the companies making headlines in midday trading. American Eagle Outfitters – The stock fell 14% after the apparel retailer missed revenue expectations for the third quarter and provided weak holiday guidance. The company anticipates that comparable sales will…
China’s stimulus measures are just trickling through the economy
A large advertisement touting China’s “trade-in” policy hangs outside a housing construction project in Nanjing, China, on Nov. 29, 2024. Nurphoto | Nurphoto | Getty Images China’s latest efforts to kickstart growth haven’t had a broad impact yet, data and…
Fed Chair Jerome Powell speaks at Dealbook conference
[The stream is slated to start at 1:40 om ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell speaks Wednesday at the New York Times DealBook conference. The…
Stocks making the biggest moves after hours: CRM, OKTA, BOX, MRVL
Check out the companies making headlines in extended trading. Salesforce — The software stock advanced 6% after the company posted a revenue beat in the third quarter. Revenue of $9.44 billion topped consensus forecasts calling for $9.35 billion, according to…
Donald Trump Jr. joins PSQ Holdings’ board, sending shares skyrocketing 160%
Donald Trump Jr. speaks with the media at the end of the debate between Republican vice presidential nominee U.S. Senator JD Vance (R-OH) and Democratic vice presidential nominee Minnesota Governor Tim Walz hosted by CBS in New York, U.S., October…
Here how parents can help boost their kids’ credit score
Images By Tang Ming Tung | Digitalvision | Getty Images Parents who want to help jumpstart their kid’s credit score and credit history can take one fairly easy step, money experts say: Add your child as an authorized user to…
Stocks making the biggest moves midday: SMCI, TSLA, INTC, STLA
Check out the companies making headlines in midday trading: Super Micro Computer — Shares advanced more than 30% after a special committee said it found “no evidence of misconduct” on the part of the artificial intelligence server maker. Intel —…
Fed officials see interest rate cuts ahead, but only ‘gradually,’ meeting minutes show
Federal Reserve officials expressed confidence that inflation is easing and the labor market is strong, allowing for further interest rate cuts albeit at a gradual pace, according to minutes from the November meeting released Tuesday. The meeting summary contained multiple…
Swiss wealth manager Lombard Odier indicted on money laundering charges
A pedestrian walks by the entrance to Lombard Odier in Geneva, Switzerland. Bloomberg | Bloomberg | Getty Images Lombard Odier — one of Switzerland’s oldest private banks — was indicted by Swiss prosecutors on charges of aggravated money laundering. In…
MSTR, AMAT, HOOD and more
Check out the companies making headlines before the bell: MicroStrategy — Shares of the bitcoin development company jumped more than 5%, extending the roughly 10% gain seen in the previous session, after the price of the cryptocurrency continued to climb….
Rally in small caps just starting: VettaFi’s Rosenbluth suggests
Small caps just had their first historic week in three years, and one exchange-traded fund expert predicts the group’s record highs will help drive investors back into the group. “Small caps are going to become more in favor in 2025,”…
Why consumers overspend during the holidays — and what to do about it
Betsie Van Der Meer | Digitalvision | Getty Images The holiday season is a time to give thanks, reflect on the past year, and spend time with family and friends. However, if you’re not careful, it can also be a…
Stocks making the biggest moves midday: HOOD, AAP, LRCX
Check out the companies making headlines in midday trading: Chip equipment stocks — Global chip equipment stocks rose on news that the Biden administration is considering further sanctions on sales of semiconductor equipment and artificial intelligence memory chips to China…
Tungsten mine opens in Korea as U.S. seeks non-China critical minerals
Workers transporting soil containing rare earth elements for export at a port in Lianyungang, Jiangsu province, China, Oct. 31, 2010. Stringer | Reuters BEIJING — China will start limiting exports of critical metal tungsten this weekend, just as alternatives to…
Why exchange-traded funds are a ‘growth engine’ of active management
Images By Tang Ming Tung | Digitalvision | Getty Images Actively managed exchange-traded funds are a growing trend in the investment space. To that point, investors have pulled money from active mutual funds and sought out actively managed ETFs in…
JWN, DELL, SEDG and more
Check out the companies making headlines in midday trading: Nordstrom — The retail stock fell 8.1% after CEO Erik Nordstrom said the company has seen a slowdown in sales, starting in late October. Nordstrom’s third-quarter revenue of $3.46 billion did…
DELL, MSTR, URBN and more
Check out the companies making headlines before the bell. Dell Technologies — Shares fell more than 12% after the PC maker said it sees fourth-quarter revenue and earnings below Wall Street expectations . However, the company gave bullish commentary on…
Donald Trump selects Kevin Hassett to lead National Economic Council
White House Council of Economic Advisers Chairman Kevin Hassett addresses reporters during the daily briefing at the White House in Washington, U.S. February 22, 2018. Jonathan Ernst | Reuters President-elect Donald Trump picked Kevin Hassett to lead the National Economic Council, a role…
Stocks making the biggest moves premarket: AMGN, BBY, ANF, STLA
Check out the companies making headlines before the bell: Abercrombie & Fitch — Shares slipped nearly 4% despite the apparel retailer’s earnings beat and strong holiday guidance . Abercrombie & Fitch reported third-quarter earnings of $2.50 per share, topping the…
Trump vows an additional 10% tariff on China, 25% tariffs on Canada and Mexico
Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. Aly Song | Reuters BEIJING — President-elect Donald Trump plans to raise tariffs by an additional…
Warren Buffett speaks out against creating family wealth dynasties, gives away another $1.1 billion
Warren Buffett David A. Grogan | CNBC Warren Buffett, who has amassed a $150 billion personal fortune, made a strong case against creating “dynastic” wealth as he named three independent trustees to oversee his philanthropy following his children and donated…
Stocks making the biggest moves midday: NFLX, GOOGL, NVDA, BJ
Check out the companies making headlines in midday trading. Nvidia — Shares of the chipmaker added 0.5% in midday trading, after gyrating earlier in the session. Nvidia beat on top and bottom lines for the third quarter, posting adjusted earnings…
How fund managers at Fidelity International see China’s stimulus plans
For two fund managers at Fidelity International, Beijing’s latest stimulus announcements were significant enough for them to buy more beaten-down real estate stocks. Chinese authorities have released a series of incremental measures since late September that range from cutting interest…
State Street worries about crypto rally
The bitcoin rally is generating a false sense of security among investors, according to the strategist behind the so-called granddaddy of gold exchange-traded funds. State Street Global Advisors’ George Milling-Stanley warns cryptocurrency plays don’t offer the stability of gold. “Bitcoin,…
Top 10 S&P 500 stock winners since Election Day
Stock traders on the floor of the New York Stock Exchange. Michael M. Santiago | Getty Images News | Getty Images Many large U.S. companies have seen their stocks swell since the presidential election. The top 10 performing stocks in…
RDDT, SMCI, INTU and more
Check out the companies making headlines in midday trading: Elastic — Shares surged nearly 15% after the software company topped Wall Street’s expectations for its fiscal second-quarter results. Elastic posted adjusted earnings of 59 cents per share on revenue of…
GAP, NTAP, INTU and more
Check out the companies making headlines in premarket trading. Intuit — Stock in the financial software firm pulled back about 3% after its earnings guidance for the current quarter missed analyst estimates. Intuit forecast second-quarter earnings of $2.55 to $2.61…
gold etf optimism 20 years later
The founder of the first gold-tracking ETF is still bullish on the commodity two decades later. “Things are looking good for the rest of this year and for next year,” George Milling-Stanley told CNBC’s “ETF Edge” this week. The State…
Baidu Q3 2024 earnings:
Baidu on Nov. 12, 2024, unveiled a pair of glasses with a built-in AI assistant, putting up a Chinese rival to the Meta Ray-Bans that have proven a rare success in AI-powered hardware. Bloomberg | Bloomberg | Getty Images BEIJING…
Stocks making biggest moves after hours: NVDA, SNOW and more
Check out the companies making headlines in extended trading: Nvidia — The artificial intelligence darling slid nearly 2% despite exceeding expectations for the third quarter and providing strong guidance. Nvidia posted 81 cents in adjusted earnings per share and $35.08…
U.S. ‘industrial renaissance’ is driving a rebound in fundraising
Jonathan Gray, president and chief operating officer of Blackstone Inc., from left, Ron O’Hanley, chief executive officer of State Street Corp., Ted Pick, chief executive officer of Morgan Stanley, Marc Rowan, chief executive officer of Apollo Global Management LLC, and…
Visa & Mastercard execs grilled by senators on high swipe fees
The Senate Judiciary Committee convened on Tuesday for a hearing on the alleged Visa–Mastercard “duopoly,” which committee members from both sides of the aisle say has left retailers and other small businesses with no ability to negotiate interchange fees on…
Fintech unicorns watch Klarna IPO for signs of when window will reopen
Hiroki Takeuchi, co-founder and CEO of GoCardless. Zed Jameson | Bloomberg | Getty Images LISBON, Portugal — Financial technology unicorns aren’t in a rush to go public after buy now, pay later firm Klarna filed for a U.S. IPO —…
MRNA, ROKU, CVS, HOOD and more
Check out the companies making headlines in midday trading: Spirit Airlines — Trading in shares of the discount airline was halted on Monday after Spirit filed for bankruptcy . Trump Media & Technology Group — Shares in President-elect Donald Trump’s…
Ron Baron sees Tesla worth $5 trillion, says Musk eyeing $30 trillion value
Billionaire investor Ron Baron, a longtime Tesla bull and shareholder, said he believes the electric vehicle company could hit a $5 trillion market capitalization in a decade, and that CEO Elon Musk has an even higher number in mind longer…
Morgan Stanley picks China stocks to ride out a worst-case scenario in U.S. tensions
After last month’s excitement over stimulus plans, Chinese stocks now face mounting challenges as earnings have yet to pick up and heightened U.S. trade tensions loom. “Stock picking remains important with [the] headwind of tariffs, a weaker currency and persistent…
Elon Musk endorses Trump’s transition co-chair Howard Lutnick for Treasury secretary
Elon Musk at the tenth Breakthrough Prize ceremony held at the Academy Museum of Motion Pictures on April 13, 2024 in Los Angeles, California. The Hollywood Reporter | The Hollywood Reporter | Getty Images On Saturday, Elon Musk shared who…