Category: Finance

U.S. President Donald Trump said Wednesday that it was “extremely hard” to make a deal with his Chinese counterpart Xi Jinping, at a time when the White House has been suggesting the two leaders could talk this week amid rising trade tensions. Scott Bessent, U.S. Treasury secretary, said Thursday stateside that trade talks were “a bit […]

Check out the companies making headlines after hours: Hewlett Packard Enterprise — Shares rose 3% after the information technology company beat analysts’ expectations on the top and bottom lines. Hewlett Packard Enterprise reported second-quarter adjusted earnings of 38 cents per share on revenue of $7.63 billion. Analysts polled by LSEG had expected earnings of 32 […]

A Klarna advertisement at the Metro Center metro station in Washington, DC, US, on Tuesday, June 3, 2025. Stefani Reynolds | Bloomberg | Getty Images Swedish fintech Klarna — primarily known for its popular “buy now, pay later” services — is launching its own Visa debit card, as it looks to diversify its business beyond […]

Investor Steve Eisman of “The Big Short” fame thinks it’s dangerous to chase upside right now. “I have one concern, and that’s tariffs. That’s it,” the former Neuberger Berman senior portfolio manager told CNBC’s ” Fast Money ” on Monday. “The market has gotten pretty complacent about it.” Now podcast host of “The Real Eisman […]

These are the stocks posting the largest moves in the premarket.

Investors always pay close attention to bonds, and what the latest movement in prices and yields is saying about the economy. Right now, the action is telling investors to stick to the shorter-end of the fixed-income market with their maturities. “There’s lots of concern and volatility, but on the short and middle end, we’re seeing […]

Chinese smartphone company Xiaomi in the last week reported record net profit for a second-straight quarter, bolstering several analysts’ conviction on the Hong Kong-listed stock. In absolute dollar terms, Xiaomi’s earnings are still a fraction of Apple’s . But the Chinese company has a larger smartphone market share in China , and has built an […]

Check out the companies making headlines in midday trading: Costco — The wholesaler gained more than 3% on fiscal third-quarter results that surpassed analysts’ estimates, while sales jumped 8% from the same period a year ago. Ulta Beauty — Shares of the beauty retailer skyrocketed nearly 13% to hit a 52-week high after the company […]

Sarah Kapnick started her career in 2004 as an investment banking analyst for Goldman Sachs. She was struck almost immediately by the overlap of financial growth and climate change, and the lack of client advisory around that theme. Integrating the two, she thought, would help investors understand both the risks and opportunities, and would help […]

Daniel Loeb has found himself a new goal as his hedge fund Third Point entered its milestone 30th year: To be a true winner in the red-hot artificial intelligence boom and not run over by it. “Change is happening at an ever accelerating and increasing rate and it’s just going to require us to continue […]

Check out the companies making headlines before the bell: UiPath — Shares surged 12% after the automation software company posted first-quarter operating income and revenue figures that exceeded FactSet estimates. UiPath also raised its full-year revenue guidance and sees its current-quarter revenue coming in between $345 million and $350 million, while analysts polled by FactSet […]

The U.S. and Chinese flags are seen on the day of a bilateral meeting between the U.S. and China, in Geneva, Switzerland, May 10, 2025. Keystone/eda/martial Trezzini | Via Reuters BEIJING — U.S.-China trade talks “are a bit stalled,” requiring the two countries’ leaders to speak directly, Treasury Secretary Scott Bessent told Fox News in […]

Check out the companies making headlines before the bell. Nvidia — The graphics processing unit manufacturer popped 6% after fiscal first-quarter adjusted earnings of 96 cents per share exceeded the 93 cents analysts polled by LSEG had expected. Nvidia’s revenue of $44.06 billion also beat forecasts of $43.31 billion. Other chip stocks rallied in sympathy. […]

Check out the companies making headlines in after-hours trading: Nvidia — The artificial intelligence chipmaker’s shares jumped 5% after Nvidia reported better-than-expected quarterly results , as its data center business recorded year-over-year growth of 73%. Nvidia reported first-quarter adjusted earnings per share of 96 cents on revenue of $44.06 billion, higher than analysts’ estimates for […]

A general view of the GameStop logo on one of its stores in the city center of Cologne, Germany. Ying Tang | Nurphoto | Getty Images GameStop said Wednesday it has officially bought 4,710 bitcoins, worth more than half a billion dollars, as the video game retailer began its crypto purchasing plan in a similar move […]

Check out the companies making headlines in midday trading. Chinese autos — Chinese auto stocks retreated after BYD said it would lower prices on 22 electric and plug-in hybrid models until the end of June, igniting fears of a fresh price war in the Chinese market. U.S.-traded shares of Li Auto and Nio respectively slipped […]

A living space in the new J.P. Morgan financial center branch format in Palm Beach. Courtesy: JP Morgan JPMorgan Chase thinks it has cracked the code on managing more money for America’s millionaires. It’s not a new financial product, a novel software program or an enticing sign-up bonus. Instead, it’s a refurbished take on an […]

Check out the companies making headlines in midday trading. Advance Auto Parts — Shares skyrocketed 57% following a better-than-expected report from the car part retailer. The company lost an adjusted 22 cents per share in the third quarter, narrower than the loss of 82 cents per share anticipated by analysts polled by LSEG. Revenue came […]

Xiaomi revealed its first electric SUV, the YU7, in Beijing on May 22, 2025, and said its full launch would be held in July. Adek Berry | Afp | Getty Images BEIJING — China’s Xiaomi, known for its smartphones, only recently entered the electric-vehicle space. It is now taking aim at Tesla’s bestselling car in […]

Check out the companies making headlines in extended trading. Ross Stores — Shares pulled back more than 11%. Ross withdrew its earlier full-year guidance . The off-price retailer said that it expects second-quarter earnings to range from $1.40 to $1.55 per share, while analysts polled by LSEG sought $1.65 per share. Ross also said that […]

Spending on artificial intelligence helped give some Chinese tech companies a boost in the first quarter, despite economic headwinds. “The standout for this [first quarter] reporting season was the growth in cloud business for Alibaba and Baidu ,” said Brian Tycangco, an analyst at Stansberry Research. Alibaba said earlier this month its cloud revenue in […]

Check out the companies making headlines before the bell: Apple — The tech giant saw shares fall 3.5% in premarket trading after President Donald Trump said in a social media post that Apple will have to pay a tariff of 25% or more for iPhones made outside the U.S. Nuclear stocks — Stocks tied to […]

Check out the companies making headlines in midday trading: Booz Allen Hamilton — Shares of the consulting firm lost 15% after Booz Allen Hamilton said it would cut roughly 2,500 jobs, or 7% of its workforce, citing a slowdown in some government spending under the Trump administration and expected ongoing pressure on its business in […]

Staff members remove a sign following a press conference after the House passage of the tax and spending bill, at the U.S. Capitol on May 22, 2025 in Washington, DC. Kevin Dietsch | Getty Images There’s a stark contrast between the effects on high earners and those on low-income households in a sprawling legislative package […]

Chicago Federal Reserve President Austan Goolsbee said Friday that President Donald Trump’s latest tariff threats have complicated policy and likely put off changes to interest rates. In a CNBC interview, the central bank official indicated that while he still sees the direction of rates being lower, the Fed likely will be on hold as it […]

U.S. births rose by 1% in 2024, with 3.6 million births recorded for the year, according to the CDC’s National Center for Health Statistics. SAN DIEGO, CALIFORNIA – OCTOBER 26: A woman pushes a stroller while walking along the La Jolla coastline at sunset on October, 2024 in San Diego, California. (Photo by Kevin Carter/Getty […]

Chinese smartphone company Xiaomi is developing its own chip called Xring O1. Cfoto | Future Publishing | Getty Images BEIJING — Chinese smartphone company Xiaomi is taking on Apple’s iPhone with an advanced chip and a cheaper phone. Xiaomi is winning the battle on the pricing of its latest phone. The new Xiaomi 15S Pro […]

Check out the companies making headlines after the bell : Zoom Communications — The video conferencing company saw shares rising about 1% in extended trading after the firm shared its annual revenue forecast. The company now sees fiscal 2026 revenue between $4.80 billion and $4.81 billion, compared to analyst expectation of $4.79 billion, according to […]

Check out the companies making headlines before the bell. Palo Alto Networks — Shares of the cybersecurity company dipped 3.7% after Palo Alto Network’s gross margin for the fiscal third quarter came out below estimates . The company still beat on earnings and revenue expectations, however. UnitedHealth — Shares dropped more than 6% after HSBC […]

These are the stocks posting the largest moves in after-hours trading.

Check out the companies making headlines in premarket trading. Home Depot — The home improvement retailer gained 2.4% after it stuck by its guidance for the full year . CFO Richard McPhail also told CNBC Home Depot doesn’t plan to increase prices due to tariffs. Viking Holdings — Shares of the cruise line fell 5.6% […]

Jamie Dimon, CEO of JPMorgan Chase, leaves the U.S. Capitol after a meeting with Republican members of the Senate Banking, Housing and Urban Affairs Committee on the issue of de-banking on Feb. 13, 2025. Tom Williams | Cq-roll Call, Inc. | Getty Images JPMorgan Chase CEO Jamie Dimon said Monday that markets and central bankers […]

Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022. Chris Ratcliffe | Bloomberg via Getty Images Klarna saw its losses jump in the first quarter as the popular buy now, pay later firm applies the brakes on a hotly anticipated U.S. initial public offering. The Swedish payments […]

Treasury Secretary Scott Bessent said in an interview on NBC News’ “Meet the Press” that Moody’s Ratings were a “lagging indicator” after the group downgraded the U.S.’ credit rating by a notch from the highest level. “I think that Moody’s is a lagging indicator,” Bessent said Sunday. “I think that’s what everyone thinks of credit agencies.” Moody’s said […]

While startups around the world have tried to build vehicles that can fly without a pilot, only one is certified to carry people — in China.

U.S. Federal Reserve Chair Jerome Powell departs after holding a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, D.C., U.S., May 7, 2025. Kevin Lamarque | Reuters The Federal Reserve will look to reduce its headcount by 10% over the next couple of years, including […]

Kate_sept2004 | E+ | Getty Images Long-term care can be costly, extending well beyond $100,000. Yet, financial advisors say many households aren’t prepared to manage the expense. “People don’t plan for it in advance,” said Carolyn McClanahan, a physician and certified financial planner based in Jacksonville, Florida. “It’s a huge problem.” Over half, 57%, of […]

Key Points UnitedHealth Group saw some of its insiders step in and purchase declining shares this week. Kristen Gil, a director at the firm, bought 3,700 shares worth roughly $1 million on Thursday. Shares of UnitedHealth plunged nearly 11% to $274.35 on Thursday following a report in The Wall Street Journal that the Department of Justice […]

Check out the companies making headlines before the bell. Charter Communications — The cable stock rose 7% after Charter agreed to merge with rival Cox Communications . The combined company will change its name to Cox Communications within a year. Constellation Brands — Shares popped 3.4% after Berkshire Hathaway disclosed doubling its stake in the […]

Walmart‘s business is strong enough to withstand tariff headwinds without increasing its prices, according to the discount retailer’s former U.S. CEO. Bill Simon, who ran Walmart U.S. from 2010 to 2014, suggests the company may be overstating challenges tied to tariffs. “If you look down deep and dig into the details of their earnings release […]

Federal Reserve Chair Jerome Powell talks to guests as he arrives to speak at the Thomas Laubach Research Conference held by the Federal Reserve Board of Governors on May 15, 2025 in Washington, DC. Andrew Harnik | Getty Images Federal Reserve Chair Jerome Powell said Thursday that longer-term interest rates are likely to be higher […]

Steve Cohen said Wednesday he sees the possibility that stocks could retest their lows from April following the market’s dramatic comeback. “I don’t expect, you know, a significant decline. I think this is possible we can go back toward the lows which is 10%, 15% [from here] so it’s not a calamity,” the founder of […]

Check out the companies making headlines before the bell. American Eagle Outfitters — The retailer tumbled 11% in early trading. American Eagle on Tuesday withdrew its 2025 guidance “due to macro uncertainty.” The company, faced with slow sales and steep discounting, also took $75 million in write-offs related to spring and summer merchandise. Super Micro […]

Omar Marques | Sopa Images | Lightrocket | Getty Images EToro, a stock brokerage platform that’s been ramping up in crypto, has priced its IPO at $52 a share, as the company prepares to test the market’s appetite for new offerings. The Israel-based company raised nearly $310 million, selling nearly 6 million shares in a […]

Check out the companies making headlines in premarket trading. UnitedHealth — Shares dropped 7% in the premarket Tuesday after the company announced it was suspending its 2025 outlook due to higher-than-expected medical expenditures. UnitedHealth also announced CEO Andrew Witty was stepping down, effective immediately, for personal reasons. Stephen Hemsley will replace Witty as chief executive. […]

Brian Armstrong, CEO of Coinbase, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 21st, 2025. Gerry Miller | CNBC Coinbase is joining the S&P 500, replacing Discover Financial Services in the benchmark index, according to a release on Monday. Shares of the crypto exchange jumped 8% in extended […]

These are the stocks posting the largest moves in premarket trading.

Kaia Matheny (left) and Nora Lamphiear (right), co-owners of Adrift Restaurant in Anacortes, Washington. Kaia Matheny. Anacortes, a small coastal town in Washington state, typically bustles with tourists during the summer months. But local business owners like Kaia Matheny are bracing for less foot traffic — and a financial hit — this year as tensions […]

One of the most recognized names in personal finance is urging Americans to increase their financial literacy, and urging the country to do a better job of providing the education.  “We spend a lot of time trying to improve financial literacy. We stink at it,” said Ric Edelman, founder of Edelman Financial Engines, on this week’s […]

Bitcoin’s milestone week comes as new crypto exchange-traded funds are hitting the market. Investor and best-selling personal finance author Ric Edelman thinks the rollout gives investors more access to upside. He finds buffer ETFs and yield ETFs particularly exciting. “You can now invest in bitcoin ETFs that protect you against the downside volatility while preserving […]

U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, D.C., U.S., May 7, 2025. Kevin Lamarque | Reuters History suggests that President Donald Trump’s new “Too Late” nickname for Federal Reserve Chair Jerome Powell has a strong […]

Move over artificial intelligence. There’s a new hot topic on corporate earnings calls in 2025: tariffs. The word “tariffs” has come up on more than 350 earnings calls of S & P 500 -listed companies reporting first quarter results, according to a CNBC analysis of call transcripts compiled by AlphaSense. By contrast, the term “AI” […]

These are the stocks posting the largest moves in premarket trading.

Check out the companies making headlines in extended trading. Affirm — Stock in the buy now, pay later company pulled back 9%. Affirm issued fiscal fourth- quarter revenue guidance ranging between $815 million and $845 million, with a midpoint of $830 million. That’s short of the consensus estimate of $841 million, per LSEG. Pinterest — […]

Check out the companies making headlines in premarket trading. Shopify — Shares of the commerce technology platform dove 8.7% even after first-quarter revenue came in at $2.36 billion in revenue for the first quarter, beating the FactSet consensus estimate of $2.33 billion. Shopify had risen 20% over the past month, and its full year guidance […]

Check out the companies making headlines in after-hours trading. AppLovin – The AI-powered marketing platform saw shares rallying 13% in extended trading after the company reported stronger-than-expected quarterly results. AppLovin’s posted an EPS of $1.67, higher than an LSEG consensus estimate of $1.45 per share. Revenue of $1.48 billion also came in above expectations. The […]

Check out the companies making headlines in premarket trading. Disney — Shares of the media and entertainment company advanced more than 7% after surpassing Wall Street’s second-quarter estimates. Disney reported adjusted earnings per share of $1.45 on revenue of $23.62 billion, while analysts polled by LSEG were looking for $1.20 per share and $23.14 billion, […]

Check out the companies making headlines in after-hours trading: Arista Networks — Shares of the cloud computing stock slid 7%. First-quarter revenue narrowly beat LSEG consensus estimates, coming in at $2.00 billion, versus the $1.97 billion the Street expected. Adjusted earnings also beat estimates, landing at 65 cents per share, compared to the 59 cents […]

Check out the companies making headlines before the bell. Palantir Technologies – The defense technology stock fell more than 8% after it earned an adjusted 13 cents per share in the first quarter, matching analyst expectations, according to LSEG, while revenue of $884 million topped the $863 million that analysts were looking for. Palantir also […]

Check out the companies making headlines in extended trading: Palantir Technologies — Shares dropped nearly 7% after the defense tech company reported first-quarter earnings that were in line with Wall Street’s expectations. Adjusted earnings of 13 cents per share came in line with the consensus estimate, per LSEG. Palantir reported $884 million in revenue, topping […]

Check out the companies making headlines before the bell. Berkshire Hathaway — Warren Buffett’s conglomerate saw shares fall more than 1% in premarket after hitting a record high Friday. The decline came after Berkshire’s operating earnings fell 14% in the first quarter , driven by a 48.6% plunge in insurance-underwriting profit. Buffett also surprised shareholders […]

(Follow along with our full coverage of Berkshire Hathaway’s annual meeting here. Warren Buffett begins talking at 9 a.m. ET.) Warren Buffett’s Berkshire Hathaway reported first-quarter results on Saturday that showed a steep drop in operating earnings from the year-earlier period. The conglomerate, which owns a vast array of insurance, transportation, energy, retail and other […]

OMAHA, Nebraska — Warren Buffett on Saturday criticized President Donald Trump’s hardline trade policy, without naming him directly, saying it’s a big mistake to slap punitive tariffs on the rest of the world. “Trade should not be a weapon,” Buffett said at Berkshire Hathaway‘s shareholder meeting, an annual gathering in front of thousands in Omaha, Nebraska. […]

An end of an era was announced in Omaha Saturday as Warren Buffett said he will soon ask the board of Berkshire Hathaway to have Greg Abel replace him as CEO at year end. While Buffett is 94 and Abel was designated as CEO successor in 2021, it nonetheless came as a surprise to the […]

Join us for the ultimate, exclusive, in-person, interactive event with Melissa Lee and the traders for “Fast Money” Live at the Nasdaq MarketSite in Times Square on Thursday, June 5. Global investors are undergoing a structural rethink of their exposure to U.S. markets, according to economic expert Rebecca Patterson. Patterson, who served as Bridgewater’s chief […]

The welcome sign at the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 2, 2025. David A. Grogen | CNBC OMAHA, Nebraska — Berkshire Hathaway shareholders are getting more bang for their buck at this year’s meeting with the annual shopping event more interactive than ever. The conglomerate’s yearly convention kicked off Friday […]

Check out the companies making headlines in premarket trading. Block — The financial technology stock plunged nearly 22% following weak first-quarter revenue. Block said it brought in $5.77 billion, while analysts surveyed by LSEG had projected $6.20 billion. Atlassian – Shares sank 12% after the software company issued weak guidance. Atlassian expects fourth-quarter revenue to range […]

Check out the companies making headlines in extended trading: Apple — The iPhone maker shed 2% after its closely watched Services division performed below expectations in the fiscal second quarter. Services revenue came in at $26.65 billion, lower than the $26.70 billion analysts surveyed by StreetAccount anticipated. Overall earnings and revenue during the period beat […]

Workers cross a junction near the Bank of England (BOE) in the City of London, UK, on Tuesday, April 8, 2025.  Bloomberg | Bloomberg | Getty Images LONDON — Britain is at risk of losing budding fintech and cryptocurrency entrepreneurs to rival hubs if it doesn’t address pressing regulation and funding challenges, according to industry […]

Check out the companies making headlines in extended trading: Microsoft — Stock in the technology behemoth climbed more than 6% on the heels of better-than-expected third-quarter results on the top and bottom lines. Microsoft earned $3.46 per share on revenue of $70.07 billion, while analysts polled by LSEG were looking for a profit of $3.22 […]

DUBAI, United Arab Emirates — Eric Trump has a warning for banks: change the way you operate, or go extinct. “The modern financial system is broken, it’s slow, it’s expensive,” the executive vice president of the Trump Organization told CNBC’s Dan Murphy in Dubai while discussing the United Arab Emirates’ development as a cryptocurrency hub. […]

To get more personalized investment strategies, join us for our next “Fast Money” Live event on Thursday, June 5, at the Nasdaq in Times Square. Over President Donald Trump’s first 100 days, the S&P 500 lost more than 7% while the tech-heavy Nasdaq Composite dropped 11%. On a sector basis, consumer staples is the biggest […]

Anthony Noto, CEO of SoFi. Adam Jeffery | CNBC SoFi CEO Anthony Noto said the fintech bank will bring back cryptocurrency investing this year after a “fundamental shift” in the regulatory landscape under the Trump administration. SoFi was forced to drop crypto investing in late 2023 as a condition of receiving a bank charter in a time […]

These are the stocks posting the largest moves in extended trading.

Textile manufacturing workers in Binzhou, Shandong, China, on April 23, 2025. Nurphoto | Nurphoto | Getty Images BEIJING — Chinese manufacturers are pausing production and turning to new markets as the impact of U.S. tariffs sets in, according to companies and analysts. The lost orders are also hitting jobs. “I know several factories that have […]

The stock market bounce last week showed once again just how dependent Wall Street has become on the whims of the White House. Case in point: The S & P 500 sank more than 2% this past Monday as President Donald Trump was attacking Federal Reserve Chairman Jerome Powell and providing scant details on tariff […]

In a year that hasn’t been kind to many big-name stocks, Warren Buffett’s Berkshire Hathaway is standing near the top. Berkshire shares have posted a 17% return year-to-date, while the S&P 500 index is down 6%. That performance places Berkshire among the top 10% of the U.S. market’s large-cap leaders, and the run has been […]

Leading analyst Craig Moffett suggests any plans to move U.S. iPhone assembly to India is unrealistic. Moffett, ranked as a top analyst multiple times by Institutional Investor, sent a memo to clients on Friday after the Financial Times reported Apple was aiming to shift production toward India from China by the end of next year. […]

People shop for produce at a Walmart in Rosemead, California, on April 11, 2025.  Frederic J. Brown | Afp | Getty Images A growing number of Americans are using buy now, pay later loans to buy groceries, and more people are paying those bills late, according to new Lending Tree data released Friday.  The figures […]

Check out the companies making headlines in midday trading: T-Mobile — Shares pulled back 11% after the company’s wireless subscribers for the first quarter missed Wall Street estimates. T-Mobile reported 495,000 postpaid phone additions in the first quarter, while analysts polled by StreetAccount were looking for 504,000. Alphabet — The Google parent company gained about […]

It appears T. Rowe Price is benefitting from the record growth in actively managed exchange traded funds. Tim Coyne, the firm’s head of ETFs, reports the firm is seeing significant growth in the area — listing the T. Rowe Price Capital Appreciation Equity ETF (TCAF) and T. Rowe Price U.S. Equity Research ETF (TSPA) as […]

Check out the companies making headlines in after-hours trading. Alphabet – Shares of the Google-parent gained about 5% after its first-quarter results topped Wall Street’s expectations. Alphabet earned $2.81 per share on $90.23 billion in revenue for the quarter, while analysts surveyed by LSEG had expected $2.01 per share and $89.12 billion in revenue. Intel […]

Revolut CEO Nikolay Storonsky at the Web Summit in Lisbon, Portugal, Nov. 7, 2019. Pedro Nunes | Reuters LONDON — British fintech firm Revolut on Thursday announced it topped $1 billion in annual profit for the first time, a major milestone for the company as it readies the launch of its U.K. bank later this […]

Check out the companies making headlines in after-hours trading: Chipotle Mexican Grill — Chipotle missed first-quarter revenue estimates and said same-store sales declined for the first time since 2020, leading the stock to drop 2%. The burrito chain reported adjusted earnings per share of 29 cents, while analysts polled by LSEG forecast 28 cents per […]

Check out the companies making headlines in midday trading: 3M — The manufacturing conglomerate jumped 8.1% on a first-quarter earnings beat. 3M earned an adjusted $1.88 per share on $5.78 billion of revenue, topping the LSEG consensus forecasts of $1.77 in earnings per share and $5.76 billion in revenue. RTX — The defense name sank […]

Check out the companies making headlines in extended trading: Tesla — Shares were marginally lower in extended trading after first-quarter results missed analysts’ estimates on the top and bottom lines. The electric vehicle company earned an adjusted 27 cents per share on revenue of $19.34 billion, while analysts polled by LSEG were looking for 39 […]

Check out the companies making headlines in midday trading: Hertz — The rental car company dropped about 5% after the stock rallied 112% after Bill Ackman revealed a big investment . Pershing Square has taken a 19.8% stake in Hertz with outright share ownership and total return swaps. Ackman believes Hertz is “uniquely well-positioned” in […]

These are the stocks posting the largest moves in after-hours trading.

BEIJING — China on Monday warned it will retaliate against countries that cooperate with the U.S. in ways that compromise Beijing’s interests, as the trade war between the world’s two largest economies threatens to embroil other nations. China’s warning comes as U.S. President Donald Trump’s administration is reportedly planning to use tariff negotiations to pressure […]

Bernstein is looking at Chinese internet tech stocks like it’s the downtrodden days of Covid-19. “For all the justified consternation around geopolitics and trade headwinds, we think the mantra of ‘fade sentiment extremes’ still applies,” Bernstein China internet analyst Robin Zhu and a team said in an April 14 report. “Several of the other conditions […]

Some investors accustomed to the dominance of U.S. stocks versus the rest of the world are making a stunning pivot toward international equities, fearing U.S. assets may have taken on more risk amid escalating trade tensions initiated by President Donald Trump. The S&P 500 sank more than 6% since Trump first announced his tariff plan, while the […]

Katie Stockton thinks she has a viable option for investors trying to withstand wild market swings. She manages the Fairlead Tactical Sector ETF (TACK), which is designed to be nimble in times of market stress. It’s not tied to an index. “What we try to do is help investors leverage the upside through sector rotation, but […]

Check out the companies making headlines in midday trading: Alphabet — Shares of the megacap technology name pulled back 1.4% after a federal judge ruled that Google has illegally monopolized online advertising technology , namely the markets for publisher ad servers and ad exchanges. Hertz — The rental car company surged 43.9% to a 52-week […]

Sign at the entrance to a Capital One bank branch in Manhattan. Erik Mcgregor | Lightrocket | Getty Images Capital One Financial’s application to acquire Discover Financial Services in a $35.3 billion all-stock deal has officially been approved by the Federal Reserve and the Office of the Comptroller of the Currency, the regulators announced on Friday. “The Board […]

Smart robotic arms work on the production line at the production workshop of Changqing Auto Parts Co., LTD., located in Anqing Economic Development Zone, Anhui Province, China, on March 13, 2025. (Photo by Costfoto/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images BEIJING — China missed several key targets from its 10-year plan to […]

American Express‘ affluent cardholders are showing few signs of curbing their spending, and younger customers drove growth in first-quarter transaction volumes, Chief Financial Officer Christophe Le Caillec told CNBC. Billed business on AmEx cards rose 6% in the period, or 7% when adjusted for the impact of the leap year, the company reported Thursday, which shows that […]

U.S. President Donald Trump and U.S. Federal Reserve Chair Jerome Powell. Win McNamee | Kevin Lamarque | Reuters President Donald Trump on Thursday again called for the Federal Reserve to lower rates and even hinted at the “termination” of Chairman Jerome Powell. In a Truth Social post, Trump said: “The ECB is expected to cut interest rates […]

“Fast Money” trader Tim Seymour wants to help investors avoid common money traps that could leave them exposed to losses, particularly in a volatile market. He is out with a shortlist of four tips to deliver some peace of mind when things are going south. Tip No. 1: Don’t have more money in the market […]

These are the stocks posting the largest moves in midday trading.

Check out the companies making headlines after the bell : United Airlines — The airline popped nearly 7% after posting first-quarter adjusted earnings of 91 cents per share, while analysts polled by LSEG had expected 76 cents in earnings per share. However, United Airlines’ revenue of $13.21 billion came in below the $13.26 billion forecast. […]

Brian Moynihan, chief executive officer of Bank of America Corp., during a Bloomberg Television interview in New York, US, on Tuesday, March 19, 2024.  Jeenah Moon | Bloomberg | Getty Images Bank of America on Tuesday posted first-quarter results that topped analysts’ expectations for profit and revenue on stronger-than-expected net interest income and trading revenue. […]

Check out the companies making headlines in midday trading: Apple — The stock added 2.2% as sentiment on tech shares broadly rose Monday. President Donald Trump announced on Friday that several electronic devices and components will be exempt from U.S. tariffs . The policy benefits Apple given that the majority of the iPhone maker’s products […]

David Solomon, CEO of Goldman Sachs, testifies during a Senate Banking Committee hearing at the Hart Senate Office Building in Washington, D.C., on Dec. 6, 2023. Win Mcnamee | Getty Images Goldman Sachs is scheduled to report first-quarter earnings before the opening bell Monday.   Here’s what Wall Street expects: Earnings: $12.35 per share, according […]

A VIX volatility index chart on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, March 19, 2025. Federal Reserve officials held their benchmark interest rate steady for a second straight meeting, though they telegraphed expectations for slower economic growth and higher inflation. Photographer: Michael Nagle | Bloomberg | […]

While U.S.-China trade tensions escalate , analysts predict a handful of Chinese companies could win out on Beijing’s efforts to double down on generative artificial intelligence. “We expect AI demand to stay strong as deepseek cost improvements have driven application development such that companies are seeing AI development as critical for growth and for competition,” […]

People walk out of the Morgan Stanley global headquarters in Manhattan on March 20, 2025 in New York City.  Spencer Platt | Getty Images Morgan Stanley on Friday reported first-quarter results that topped estimates as stock trading revenue surged 45% amid rising global volatility. Here’s what the company reported: Earnings: $2.60 a share vs. $2.20 […]

A Wells Fargo Bank branch is seen in New York City on March 17, 2020. Jeenah Moon | Reuters Wells Fargo shares declined on Friday after the bank reported lower-than-expected quarterly revenue and a decline in net interest income. Here’s what the bank posted for the first quarter compared with what Wall Street was expecting, […]

These are the stocks posting the largest moves in midday trading.

Machinery and vehicles ready for shipment at the dock of the Oriental Port Branch of Lianyungang Port in China, on Sept. 27, 2024. Costfoto | Nurphoto | Getty Images BEIJING — U.S. has raised tariffs on Chinese imports to triple digits. For China’s exporters, it means raising prices for Americans while accelerating plans to diversify […]

These are the stocks posting the largest moves in midday trading.

Trader work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters Wednesday’s jaw-dropping stock-market rally on President Donald Trump’s surprising tariff reversal is one for the history books. The S&P 500 skyrocketed 9.52% in a kneejerk reaction to Trump’s announcement to put a 90-day pause on some of the lofty ‘reciprocal’ […]

Bill Ackman, CEO of Pershing Square Capital Management, speaks during an interview for an episode of “The David Rubenstein Show: Peer-to-Peer Conversations” in New York on Nov. 28, 2023. Jeenah Moon | Bloomberg | Getty Images Hedge fund mogul Bill Ackman let out a sigh of relief after President Donald Trump temporarily dropped some of […]

Trucks line up at the container terminal in the Longtan Port area of Nanjing Port, Jiangsu province, China on the evening of April 8, 2025.  Cfoto | Future Publishing | Getty Images BEIJING — Citi on Tuesday became one of the first investment firms to lower its China growth forecast on escalating trade tensions with […]

Check out the companies making headlines in midday trading: Tech stocks — Shares of megacap technology names fell after initially gaining amid investor optimism that the U.S. would reach deals with other countries to lower tariffs. Apple , which lost around 20% over the past three trading days given its China exposure, finished about 5% […]

Siena, ITALY — Monte dei Paschi di Siena is holding firm on its plans to acquire Mediobanca for 13 billion euros ($14.3 billion) despite ongoing market turbulence, telling CNBC it will complete the deal in July. The world’s oldest bank still in operation, surprised investors in January by making an all-share offer for Mediobanca, a […]

Check out the companies making headlines in after-hours trading: Health-care stocks — Shares of Humana , CVS Health and UnitedHealth jumped after The Wall Street Journal reported that the Trump administration will raise payment rates for Medicare insurers next year to 5.06%, higher than the 2.23% increase the Biden administration had proposed. Humana gained more […]

China’s and U.S.’ flags are seen printed on paper in this illustration taken January 27, 2022.  Dado Ruvic | Reuters BEIJING — Risks of an intense U.S.-China trade war are rising rapidly, according to analysts, after Beijing responded more forcefully than many had expected to U.S. President Donald Trump’s latest tariffs. In a shift in […]

Jakub Porzycki | Nurphoto | Getty Images Bitcoin fell below the $79,000 level as investors braced for more financial market volatility after U.S. equites suffered their worst decline since 2020 on the rollout of President Donald Trump’s restrictive global tariffs. The price of bitcoin was last lower by 4% at $78,835.07, according to Coin Metrics, […]

Warren Buffett went on the record Friday to deny social media posts after President Donald Trump shared on Truth Social a fan video that claimed the president is tanking the stock market on purpose with the endorsement of the legendary investor. Trump on Friday shared an outlandish social media video that defends his recent policy […]

Andrew Fox | The Image Bank | Getty Images “Dead” investors often beat the living — at least, when it comes to investment returns. A “dead” investor refers to an inactive trader who adopts a “buy and hold” investment strategy. This often leads to better returns than active trading, which generally incurs higher costs and […]

Federal Reserve Chair Jerome Powell said Friday that he expects President Donald Trump’s tariffs to raise inflation and lower growth, and indicated that the central bank won’t move on interest rates until it gets a clearer picture on the ultimate impacts. In a speech delivered before business journalists in Arlington, Virginia, Powell said the Fed […]

Check out the companies making headlines in midday trading: Bank stocks — Major banks declined on Friday, as President Donald Trump’s new tariff policies increasingly raised fears of a U.S. economic pullback. Shares of JPMorgan , Morgan Stanley and Wells Fargo each tumbled more than 7%. about 8%. Goldman Sachs and Citigroup declined by about […]

A flying taxi displayed at the China Telecom booth at SNIEC in Shanghai, on June 26, 2024, during the opening of Mobile World Congress 2024. Nurphoto | Nurphoto | Getty Images Flying taxis will become a viable method of transportation in China in the next three to five years, according to a senior executive at […]

These are the stocks posting the largest moves in midday trading.

The Exchange Square Complex, which houses the Hong Kong Stock Exchange, on Feb. 26, 2025. Bloomberg | Bloomberg | Getty Images BEIJING — Chinese companies are jumping at a window of opportunity to go public in Hong Kong as global investors start to return to the region, following the news of DeepSeek’s artificial intelligence breakthrough […]

Check out the companies making headlines in midday trading: Tesla — Shares jumped 5.3%. Politico , citing three Trump insiders, reported President Donald Trump told members of his inner circle that Tesla CEO Elon Musk could leave his current role in the coming weeks. Later, the White House called the report “garbage,” but NBC News […]

President Donald Trump speaks before signing executive orders in the Oval Office on March 6, 2025. Alex Wong | Getty Images President Donald Trump says that tariffs will make the U.S. “rich.” But those riches will likely be far less than the White House expects, economists said. The ultimate sum could have big ramifications for […]

Wall Street is hoping April 2 will provide clarity on the U.S. tariff front and a reprieve from the recent market volatility. However, many remain skeptical that any real clarity is coming anytime soon. Stocks have been in turmoil this year, as investors struggle to price in the full breadth and depth of President Donald […]

Market uncertainty should “peak” around the Wednesday tariff deadline, according to Evercore ISI. In a note this week, Julian Emanuel wrote investors should resist tariff angst and accumulate stocks. “All you need is a little less uncertainty,” the firm’s senior managing director said Monday on CNBC’s “Fast Money.” Emanuel compares the market pessimism to the […]

Check out the companies making headlines in midday trading: CoreWeave — Shares of the cloud provider tumbled more than 7% in its second trading session since going public. CoreWeave, which rents out access to Nvidia graphics processing units to other large tech companies, suffered a disappointing debut last week. Nvidia also saw its shares drop […]

Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022. Chris Ratcliffe | Bloomberg via Getty Images LONDON — After 20 years in the role as Klarna’s CEO, Sebastian Siemiatkowski is about to face his toughest test yet as the financial technology firm prepares for its blockbuster debut […]

From America’s largest bank to its biggest asset manager, Wall Street investment strategies once reserved for private banking clients are increasingly being offered to Main Street investors. In the midst of a market correction and ongoing uncertainty about the outlook for U.S. stocks and the global economy, JPMorgan Chase and BlackRock are among major players […]

Joel Greenblatt, a longtime bargain hunter, doesn’t think value investing deserves its bad rap. The 67-year-old investor, now running Gotham Asset Management, believes that traditional criteria that define “value,” such as price-to-book and price-to-sales ratios, don’t necessarily represent the essence of the philosophy. “We’re very cash flow oriented … the way Morningstar or Russell classified […]

An expired patent — previously held by Vanguard — may spark a shake-up in the exchange-traded fund industry. Wall Street saw the patent as critical to Vanguard’s success because it saved an enormous amount of money in taxes. Now, the firm’s ETF competitors could get a chance to use it, too. “It’s really a game changer,” BNY […]

FILE PHOTO: Office of Management and Budget (OMB) Acting Director Russell Vought testifies before House Budget Committee on 2020 Budget on Capitol Hill in Washington, U.S., March 12, 2019.  Yuri Gripas | Reuters A federal judge on Friday ordered the Consumer Financial Protection Bureau‘s leadership, appointed by President Donald Trump, to halt its campaign to […]

Charlie Javice, who is charged with defrauding JPMorgan Chase & Co into buying her now-shuttered college financial aid startup Frank for $175 million in 2021, arrives at United States Court in Manhattan in New York City, June 6, 2023. Mike Segar | Reuters Charlie Javice, founder of a startup purchased by JPMorgan Chase in 2021, […]

Chinese President Xi Jinping met with global executives on Friday, March 28, 2025. CNBC | Evelyn Cheng BEIJING — Chinese President Xi Jinping on Friday met with global executives and made a case for investing in the country, as Beijing focuses on reaching out to businesses amid escalating trade tensions with the U.S. He said […]

Several analysts on Wall Street see a clear winner emerging from President Donald Trump ‘s new auto tariff policy: Tesla . Trump announced on Wednesday that all cars not made in the U.S. would be slapped with a 25% tariff beginning next week. The news sent shares of major American car producers in diverging directions […]

Shoppers line up to shop at a Laopu Gold outlet in Deji Plaza in Nanjing, China, on Feb. 21, 2025. Fang Dongxu | Feature China | Future Publishing | Getty Images BEIJING — Chinese companies’ latest earnings reports point to an improvement in consumer spending, though it’s not necessarily back to pre-pandemic levels. E-commerce giants […]

Check out the companies making headlines in midday trading: GameStop — The meme stock soared 11.7%. On Tuesday, GameStop’s board announced it had unanimously approved a plan to buy bitcoin with a portion of its corporate cash, following a similar move by MicroStrategy. Dollar Tree — The discount retail chain popped 3.1% after announcing on […]

Computer chip with Chinese flag, 3d conceptual illustration. Steven Mcdowell/science Photo Library | Science Photo Library | Getty Images BEIJING — For Chinese companies wary of U.S. tariffs, the big difference between President Donald Trump’s first and second terms is the emergence of generative artificial intelligence. Chinese companies are hard at work. Nearly every day […]

A general view of the GameStop logo on one of its stores in the city center of Cologne, Germany. Ying Tang | Nurphoto | Getty Images Video game retailer GameStop announced Tuesday its board has unanimously approved a plan to buy bitcoin with its corporate cash, a move that MicroStrategy became well-known for. The meme […]

Attendees pose for a group photo before the opening ceremony of the China Development Forum 2025 at the Diaoyutai Guesthouse on March 23, 2025, in Beijing. China News Service | China News Service | Getty Images BEIJING — China courted the executives of major U.S. businesses at an annual conference this week in a sign […]

Cooper Flagg #2 of the Duke Blue Devils moves the ball against the Baylor Bears during the second round of the 2025 NCAA Men’s Basketball Tournament held at Lenovo Center on March 23, 2025 in Raleigh, North Carolina.  Grant Halverson | NCAA Photos | Getty Images For the first time in nearly 10 years, a […]

A view of the Ant Group buildings in Chongqing, China, on March 23, 2025. Cfoto | Future Publishing | Getty Images BEIJING — Alibaba-affiliate Ant Group is using both Chinese and U.S.-made semiconductors for building more efficient artificial intelligence models, according to a source familiar with the matter. The combination of chips not only reduces […]

As driver-assist systems gain traction in China, one local startup that invested in the tech years ago is finally seeing results. Xpeng , listed in the U.S. and Hong Kong, has delivered more than 30,000 cars a month since November. The company last week said it expects that pace to continue for a doubling in […]

Check out the companies making headlines in premarket trading: FedEx — Shares tumbled more than 8% after the parcel delivery company slashed its full-year guidance , citing “weakness” in the U.S. industrial economy. FedEx now said to expect between $18 and $18.60 in earnings per share after certain exclusions, down from the range of $19 […]

Investors may want to get back to the basics when it comes to navigating the stock market volatility. According to F/m Investments CEO Alex Morris, they should consider increasing their exposure to bonds. “Particularly on the short end of the curve … there’s a lot of safe haven to be had there,” Morris said on […]

Check out the companies making headlines in midday trading: Boeing , Lockheed Martin — Defense contractor Lockheed Martin sold off around 5.8% after Bloomberg News reported that President Donald Trump chose Boeing instead for a contract to create the next-generation fighter jet. Boeing shares surged about 3.1%. Nike — Shares tumbled 5.5% after the athletic […]

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City.  Spencer Platt | Getty Images Stock market corrections are common First, there is some consolation for investors. Though they may feel painful, stock market corrections are fairly common. There have been 27 market corrections since November 1974, including last […]

Urban buildings in Huai’an city, Jiangsu province, China, on March 18, 2025. Cfoto | Future Publishing | Getty Images BEIJING — UBS analysts on Wednesday became the latest to raise expectations that China’s struggling real estate market is close to stabilizing. “After four or five years of a downward cycle, we have begun to see […]

Jeffrey Gundlach speaking at the 2019 SOHN Conference in New York on May 5, 2019. Adam Jeffery | CNBC DoubleLine Capital CEO Jeffrey Gundlach said Thursday there could be another painful period of volatility on the horizon as the fixed income guru sees heighted risk of a recession. “I believe that investors should have already upgraded their […]

U.S. Federal Reserve Chair Jerome Powell testifies before a House Financial Services Committee hearing on “The Semiannual Monetary Policy Report to the Congress,” on Capitol Hill in Washington, D.C., on Feb. 12, 2025. Nathan Howard | Reuters Federal Reserve officials slashed their economic outlook in the latest projections released Wednesday, seeing the U.S. economy growing […]

WASHINGTON – The Federal Reserve in a closely watched decision Wednesday held the line on benchmark interest rates though still indicated that reductions are likely later in the year. Faced with pressing concerns over the impact tariffs will have on a slowing economy, the rate-setting Federal Open Market Committee kept its key borrowing rate targeted […]

Jonathan Nicholson | NurPhoto | Getty Images The British unit of Spanish lender Banco Santander on Wednesday said 750 of its staff were at risk of redundancy as it targets 95 branch closures in the U.K. The decision is part of the bank’s broader plans to update its presence from June 2025 and will bring […]

Check out the companies making headlines in midday trading: Tesla — Elon Musk’s electric vehicle company saw shares sliding another 5.2%, bringing month-to-date losses to around 23%. The sell-off came after Tesla’s China rival Zeekr said it is rolling out an advanced driver-assistance system for free . Meanwhile, RBC Capital Markets lowered its price target […]

The market sell-off is not over yet as consumer and corporate confidence take a dive on tariff uncertainty, according to Deutsche Bank. “We see the selloff in US equities as having further to go,” Binky Chadha, chief strategist at Deutsche Bank, wrote Saturday. “With trade policy uncertainty likely to continue to weigh, at least until […]

A shopper looks at eggs for sale in a grocery store in the Manhattan borough of New York City, Feb. 25, 2025. Spencer Platt | Getty Images News | Getty Images Wholesale egg prices have fallen significantly in recent weeks, a dynamic that may soon offer relief for consumers shell-shocked by record-high prices at the […]

A woman, right, looks at herself on her phone as she and others buy warm winter hats at a vendors shop in the Panjiayuan Market on December 6, 2024 in Beijing, China.  Kevin Frayer | Getty Images China’s economy showed a modest pickup for the first two months of the year, according to data published […]

Treasury Secretary Scott Bessent speaking to CNBC on March 13th, 2025.  CNBC Treasury Secretary Scott Bessent said Sunday the Trump administration is focused on preventing a financial crisis that could be the result of massive government spending over the past few years. “What I could guarantee is we would have had a financial crisis. I’ve studied […]

South_agency | E+ | Getty Images Consumers lost $5.7 billion to investment scams in 2024 — more than in any other type of fraud and up 24% from 2023, according to new data from the Federal Trade Commission. Investment scams generally involve claims that a consumer will get big returns by investing in a hot […]

Goldman Sachs Asset Management is trying to serve more investors looking for downside protection from market turmoil. Bryon Lake helped the firm launch its newest buffer exchange-traded fund this month: the Goldman Sachs U.S. Large Cap Buffer 3 ETF. “I’m an investor. You’re an investor. The folks watching are investors, and there’s an incredible amount […]

Check out the companies making headlines before the bell. Rubrik — The data management stock popped 18.5%. Rubrik beat Wall Street’s expectations, posting an adjusted loss of 18 cents per share for its fourth quarter, which was narrower than the 39 cent loss expected from analysts polled by LSEG. The company also reported $258 million […]

Check out the companies making headlines in midday trading. Rubrik — The data management stock surged 25% after fourth-quarter results surpassed analyst expectations. Rubrik lost 18 cents per share, narrower than the consensus forecast for a loss of 39 cents from analysts polled by LSEG. The California-based firm posted $258 million in revenue, which also […]

The Deutsche Telekom pavilion at Mobile World Congress in Barcelona, Spain. Angel Garcia | Bloomberg | Getty Images BARCELONA — Europe’s telecommunication firms are ramping up calls for more industry consolidation to help the region compete more effectively with superpowers like the U.S. and China on key technologies like 5G and artificial intelligence. Last week […]

NY Attorney General Letitia James speaks during a press conference at the offices of the Attorney General on January 08, 2025 in New York City.  Michael M. Santiago | Getty Images New York Attorney General Letitia James on Thursday announced a bill to protect the state’s consumers and small businesses from scams and deceptive practices […]

A customer shops for eggs at an H-E-B grocery store on Feb. 12, 2025 in Austin, Texas.  Brandon Bell | Getty Images Inflation receded in February on the back of easing price pressures for consumer staples like gasoline, groceries and housing, amid worries that President Donald Trump’s tariff policies could stall progress. The consumer price […]

Check out the companies making headlines in midday trading: Nvidia — Stock in the chipmaker surged more than 6%, reversing course after several weak sessions. Shares slumped roughly 8% in March and are down 14% in 2025. Target — Stock in the retailer slipped about 3% as the broader field of consumer defensive stocks took […]

BEIJING — DeepSeek’s artificial intelligence breakthrough is stirring up China’s venture capital world after three straight years of decline. As DeepSeek released its OpenAI rival in late January, AI drug discovery company Insilico Medicine was finalizing a $110 million series E financing round led by Hong Kong-based Value Partners, the startup’s CEO and founder Alex […]

A trader works on the floor of the New York Stock Exchange at the opening bell on March 10, 2025. Charly Triballeau | Afp | Getty Images The majority of the stocks in the S&P 500 are already in correction territory as the sell-off on Wall Street continues to drag the benchmark closer to that […]

Hong Kong’s stock exchange reported its highest quarterly profit in nearly four years after China’s stimulus measures boosted trading and listing volume. Bloomberg | Bloomberg | Getty Images BEIJING — Mainland Chinese investors are piling into the Hong Kong stock market at record volumes as its tech-heavy Hang Seng Index trades around three-year highs. Net […]

Jamie Dimon, CEO of JPMorgan Chase, leaves the U.S. Capitol after a meeting with Republican members of the Senate Banking, Housing and Urban Affairs Committee on the issue of debanking on Thursday, February 13, 2025.  Tom Williams | Cq-roll Call, Inc. | Getty Images For years, American financial companies have fought the Consumer Financial Protection […]

A new documentary titled “Tune Out The Noise” brings together some of the academic heavyweights whose work reshaped the financial industry and helped lower costs for all investors. The film, made by Academy Award-winning documentarian Errol Morris, chronicles the rise of academic finance in the middle of the twentieth century and how it led to […]

Chinese tech companies raced to launch new products in a week that saw Beijing double down on its calls to support artificial intelligence. An obscure Chinese startup that goes by the name Monica on Wednesday announced an invite-only AI application called Manus that claims to streamline analysis of resumes and financial information using several models […]

President Donald Trump listens during a Cabinet meeting at the White House on Feb. 26, 2025. Andrew Harnik | Getty Images News | Getty Images The Trump administration’s purge of federal staff may flood an unemployment benefits system ill-equipped to handle the deluge, triggering delays in aid for jobless workers, according to a new report. […]

They’re generally reserved for the ultrawealthy and financial institutions. But the exchange-traded fund industry is looking to give retail investors more access to alternative investments including private credit. BondBloxx’s Joanna Gallegos thinks it’s a great idea despite the asset class’ reputation for charging high fees and academic research that have shown sluggish returns. Her firm […]

Check out the companies making headlines in midday trading: Costco — Shares shed nearly 7% after the retail giant’s earnings for the second quarter missed Wall Street estimates. Costco reported earnings of $4.02 per share for the period, below the $4.11 per share that analysts surveyed by LSEG were expecting. Second-quarter revenue, however, topped estimates. […]

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 NEW YORK — Federal Reserve Chairman Jerome Powell said Friday that the central bank can wait […]

Chinese Minister of Foreign Affairs Wang Yi speaks during the 2023 Munich Security Conference in Germany on February 18, 2023. Johannes Simon | Getty Images News | Getty Images BEIJING — China’s Minister of Foreign Affairs Wang Yi struck a more conciliatory tone on U.S. relations during a high-profile press conference on Friday, in contrast […]

Check out the companies making headlines in midday trading: Victoria’s Secret — Shares declined more than 5% after the lingerie retailer issued lighter-than-expected guidance for the first quarter. Victoria’s Secret sees revenue coming in between $1.3 billion and $1.33 billion during the period, while analysts polled by LSEG had estimated $1.39 billion. Management cited an […]

A security guard watches during the opening session of the National People’s Congress (NPC) in the Great Hall of the People in Beijing on March 5, 2025.  Wang Zhao | Afp | Getty Images BEIJING — The undercurrent of China’s annual parliamentary meetings this week is U.S. trade tensions — and how Chinese technology is […]

Check out the companies making headlines in midday trading: Box — Shares declined more than 3% after the cloud storage company’s top-line guidance fell short of estimates. Box sees first-quarter revenue coming in between $274 million and $275 million, while analysts polled by LSEG expected $279.5 million. Box’s fourth-quarter revenue of $280 million exceeded Wall […]

China’s navy showed off its J-15T fighter jet at the 2024 Zhuhai Air Show on Nov. 12, 2024. Nurphoto | Nurphoto | Getty Images China on Wednesday increased its defense spending by 7.2% this year, the same growth rate as in the prior two years, as Beijing seeks to “firmly safeguard” its national security. In […]

Check out the companies making headlines in midday trading: Okta — Shares surged 18% after the cloud software firm posted a fourth-quarter earnings and revenue beat. Okta reported adjusted earnings of 78 cents per share on revenue of $682 million, while analysts polled by LSEG expected 74 cents in earnings per share and $670 million […]

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 — China announced Tuesday it would impose additional tariffs of up to 15% on some U.S. goods from March 10 and restrict exports to 15 U.S. […]

Check out the companies making headlines in midday trading: Intel — Shares rose more than 2% after Reuters, citing two sources familiar with the matter, reported that chipmakers Nvidia and Broadcom are running manufacturing tests with Intel . The tests signal that both companies are heading closer toward committing hundreds of millions of dollars’ worth […]

Warren Buffett at a press conference during the Berkshire Hathaway Shareholders Meeting on April 30, 2022. CNBC Legendary investor Warren Buffett made a rare comment on President Donald Trump’s tariffs, saying punitive duties could trigger inflation and hurt consumers. “Tariffs are actually, we’ve had a lot of experience with them. They’re an act of war, […]

Check out the companies making headlines before the bell: Nvidia — Shares of the artificial intelligence chip darling fell around 2%, extending its 8.5% loss from the previous session. This comes on the heels of the company seeing a decline in its gross profit margin for the fourth quarter, and its revenue beat for the […]

Jim Dyson | Getty Images News | Getty Images Citigroup mistakenly credit a customer’s account with $81 trillion last year when it meant to send just $280. The payment, which took place last April, was missed by two employees but caught 90 minutes after it was posted, the Financial Times first reported Friday. It was […]

Elon Musk holds up a chainsaw onstage during the Conservative Political Action Conference (CPAC) in National Harbor, Maryland, U.S., February 20, 2025.  Nathan Howard | Reuters The Consumer Financial Protection Bureau‘s Trump-appointed leadership plans to fire nearly all its 1,700 employees while “winding down” the agency, according to testimony from employees. In a trove of […]

Check out the companies making headlines in midday trading. Nvidia — The heavyweight chipmaker edged lower by 0.1% after market sentiment soured in midday trading, prompted by a tense exchange between President Donald Trump and Ukraine President Volodymyr Zelenskyy that spiked geopolitical concerns. Nvidia had attempted a comeback earlier in the session, following its 8.5% […]

Omar Marques | Lightrocket | Getty Images There’s a new ETF in town. SPDR SSGA Apollo IG Public & Private Credit ETF (PRIV) will trade Thursday at the NYSE.  This fund intends to invest at least 80% of its net assets in investment grade debt securities, including a combination of public credit and private credit. What’s […]

Russell Vought, director of the Office of Management and Budget (OMB) nominee for US President Donald Trump, during a Senate Budget Committee confirmation hearing in Washington, DC, US, on Wednesday, Jan. 22, 2025.  Al Drago | Bloomberg | Getty Images The Consumer Financial Protection Bureau‘s new leadership on Thursday dismissed at least four enforcement lawsuits […]

BEIJING — Chip giant Nvidia has flagged heightened competition from Huawei, despite U.S. restrictions on the Chinese telecommunications company. In an annual filing Wednesday, Nvidia listed Huawei among its current competitors, including it in the list for a second straight year. The company, blacklisted by the U.S. for national security reasons, did not feature among […]

Check out the companies making headlines in midday trading: General Motors — Shares jumped 5% after the automaker said it would raise its quarterly dividend by 25% to 15 cents per share. GM also initiated a $6 billion share repurchase plan, with $2 billion in buybacks planned for the second quarter. Anheuser-Busch InBev — Shares […]

Chinese animation blockbuster Nezha 2 was released in late January alongside several other films for the local Spring Festival holiday period.  Vcg | Visual China Group | Getty Images BEIJING — For someone who’s lived in China since before the pandemic, the success of the animated film “Ne Zha 2” marks more of an industry […]

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 wrap up by the end of 2025. Sempra — The utility stock plunged 20%. Sempra […]

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 and Mexico — which may take effect as soon as March — would increase annual […]

Warren Buffett surveys the concourse ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, May 3, 2024. David A. Grogen | CNBC Berkshire Hathaway shares got a boost after Warren Buffett’s conglomerate reported a surge in operating earnings, but shareholders who were waiting for news of what will happen to its enormous pile […]

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. 19, authorities published a “2025 action plan for stabilizing foreign investment” to make it easier […]