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Showing posts from February, 2025

Trump administration, Musk’s DOGE plan to fire nearly all CFPB staff and wind down agency, employees say

Employees testified that CFPB leaders and Elon Musk's DOGE want to wind down the agency to five employees, the minimum required under law. from Finance https://ift.tt/2QVKkaU via IFTTT

Stocks making the biggest moves premarket: Nvidia, Alibaba, Rocket Lab and more

These are the stocks posting the largest moves in premarket trading. from Finance https://ift.tt/H9jAGaz via IFTTT

Stocks making the biggest moves after hours: Dell, Autodesk, Duolingo, NetApp and more

These are the stocks posting the largest moves in extended trading. from Finance https://ift.tt/eTmyYSc via IFTTT

Senators grill Trump’s CFPB director pick: You are 'on the Titanic, good luck’

Since acting CFPB Director Russell Vought took over, the agency closed its Washington HQ, fired staff and told those who remain to stop nearly all work. from Finance https://ift.tt/dKgnoh1 via IFTTT

Nvidia's auto segment revenue surges to record high on demand for driver-assist tech

U.S. chipmaker Nvidia's auto segment revenue doubled in the latest quarter to its highest on record as demand for driver-assist software picked up. from Finance https://ift.tt/mFKpWRf via IFTTT

Nvidia warns of growing competition from China's Huawei, despite U.S. sanctions

U.S. chip giant Nvidia is increasingly warning investors about competition from Huawei, despite U.S. restrictions on the Chinese telecommunications company. from Finance https://ift.tt/6vJpRm9 via IFTTT

Stocks making the biggest moves after hours: Nvidia, Snowflake, eBay, Nutanix and more

These are the stocks posting the largest moves in extended trading. from Finance https://ift.tt/eFQmiu4 via IFTTT

Trump plan to freeze funding stymies Biden-era energy rebates for consumers

Some states have paused their Home Energy Rebate programs, created by the Inflation Reduction Act, amid a federal funding freeze. from Finance https://ift.tt/qEjdnr9 via IFTTT

Stocks making the biggest moves after hours: Cava, Intuit, Workday, Lucid and more

These are the stocks posting the largest moves in extended trading. from Finance https://ift.tt/ayduMh2 via IFTTT

Gold is hot — but a classic Warren Buffett rule suggests caution, advisor says

Investors have flocked to gold, which is generally perceived as a safe haven in times of turmoil. from Finance https://ift.tt/B4XTec5 via IFTTT

Stocks making the biggest moves midday: Krispy Kreme, Chegg, Zoom Communications and more

These are the stocks posting the largest moves in midday trading. from Finance https://ift.tt/4ePDNoE via IFTTT

Stocks making the biggest moves after hours: Hims & Hers Health, Tempus AI, Diamondback Energy and more

These are the stocks posting the largest moves in extended trading. from Finance https://ift.tt/vKBCEeA via IFTTT

Anthropic closes in on $3.5 billion funding round as investor interest soars

AI startup Anthropic is in talks to raise a new round of capital that would roughly triple its valuation to $61.5 billion valuation, CNBC has confirmed. from Finance https://ift.tt/v7lysnc via IFTTT

Jamie Dimon calls U.S. government 'inefficient' and says Elon Musk's DOGE effort 'needs to be done'

In the wide-ranging interview, Dimon addressed his push to have most workers in office five days a week and his views on Ukraine, tariffs and the U.S. consumer. from Finance https://ift.tt/l1DKJAH via IFTTT

Stocks making the biggest moves midday: Berkshire Hathaway, Robinhood, Nike, Palantir and more

These are the stocks posting the largest moves in midday trading. from Finance https://ift.tt/4Jf50xW via IFTTT

Stocks making the biggest moves premarket: Domino's Pizza, Alibaba, Rivian, Palantir Technologies & more

These are the stocks posting the largest moves in premarket trading. from Finance https://ift.tt/uF4pdGw via IFTTT

China's latest action plan shows it's trying to boost foreign investment amid geopolitical tensions

China is trying yet again to boost foreign investment, amid geopolitical tensions and businesses' calls for more concrete actions. from Finance https://ift.tt/sadq3AZ via IFTTT

Alibaba shares have soared on China AI hopes. Here’s where analysts see the stock heading next

E-commerce giant Alibaba felt the drag of China's consumer slowdown and heightened competition. Now it's a favored stock for playing China's AI trend. from Finance https://ift.tt/FRQwdf2 via IFTTT

The Fed is stuck in neutral as it watches how Trump’s policies play out

With an abundance of unknowns, the only gear the central bank really can be in these days is neutral. from Finance https://ift.tt/Xq89EY5 via IFTTT

Walmart's worst week since 2022: Retailer's former U.S. CEO Bill Simon thinks Wall Street is getting earnings, tariff risks wrong

Walmart is coming off a tough week after delivering a slowing profit growth forecast. from Finance https://ift.tt/XqEGJMC via IFTTT

Berkshire operating earnings surge 71% in fourth quarter, cash hoard balloons to record $334 billion

Berkshire Hathaway reported fourth-quarter results on Saturday. The company's Class A shares popped more than 25% in 2024. from Finance https://ift.tt/4iwZmkj via IFTTT

Steve Cohen says tariffs and DOGE's cuts are negative for economy, market correction could be soon

The CEO of hedge fund Point72 turned bearish for the first time in a while due to punitive tariffs, immigration crackdown and federal spending cuts. from Finance https://ift.tt/sZIAhWP via IFTTT

Stocks making the biggest moves midday: UnitedHealth, Alibaba, Hims & Hers Health, Celsius and more

These are the stocks posting the largest moves in midday trading. from Finance https://ift.tt/PnTe03G via IFTTT

Stocks making the biggest moves premarket: UnitedHealth, Rivian, Block, Celsius and more

These are the stocks posting the largest moves in premarket trading. from Finance https://ift.tt/J40KqS1 via IFTTT

Stocks making the biggest moves after hours: Celsius, Dropbox, Block and more

See which stocks are posting big moves after the bell. from Finance https://ift.tt/Rh4q8xz via IFTTT

GameStop CEO Ryan Cohen hikes his personal stake in Alibaba to $1 billion, WSJ says

Cohen's sizable stake in Alibaba is a bullish bet on China's economic growth in the long run, The Wall Street Journal said. from Finance https://ift.tt/OMbTZ21 via IFTTT

Stocks making the biggest midday moves: Palantir, AppLovin, Shake Shack, Walmart and more

These are some of the stocks posting the largest moves in midday trading. from Finance https://ift.tt/OndZxj6 via IFTTT

Stocks making the biggest moves after hours: Klaviyo, Carvana, Palantir and more

These are some of the stocks posting the largest moves in postmarket trading. from Finance https://ift.tt/4Jicl0Y via IFTTT

Apple will need to raise prices for the iPhone, other products by 9% to fully offset Trump's coming tariffs, estimates Bank of America

Still, the firm's analyst called the taxes "manageable." from Finance https://ift.tt/9ps4NSw via IFTTT

Stocks making the biggest moves midday: Occidental, Hims & Hers, Bumble, quantum stocks and more

These are the stocks posting the largest moves in midday trading. from Finance https://ift.tt/oQOPbIe via IFTTT

Stocks making the biggest moves after hours: Arista Networks, Bumble, Cadence Design and more

See which stocks are posting big moves after the bell. from Finance https://ift.tt/lqA2Kvw via IFTTT

Bill Ackman raises bid for Howard Hughes, says he will turn it into ‘modern-day Berkshire’

Pershing Square's Bill Ackman hiked his takeover offer for Howard Hughes Holdings to create a "modern-day" Berkshire Hathaway. from Finance https://ift.tt/1VdYhaD via IFTTT

A 20% S&P 500 'three-peat' is unlikely in 2025, market strategist says

The S&P 500 stock index has returned three consecutive years of 20% gains once in history, analysts said. from Finance https://ift.tt/lsYNRIT via IFTTT

Stocks making the biggest moves midday: Intel, Walgreens Boots Alliance, Nike, Super Micro Computer and more

These are the stocks posting the largest moves in midday trading. from Finance https://ift.tt/t9hBT6i via IFTTT

Stocks making the biggest moves premarket: Southwest, Medtronic, Snowflake, Bath & Body Works & more

These are the stocks posting the largest moves in premarket trading. from Finance https://ift.tt/CLI8wQJ via IFTTT

Fed Governor Bowman says more progress on inflation is needed before further rate cuts

The Fed official called for more progress on inflation before the central bank engages in further interest rate cuts. from Finance https://ift.tt/DuOISdH via IFTTT

The 5 biggest self-defeating mistakes investors make in trying to beat the market

You might be your own worst enemy when it comes to managing your financial portfolio, according to investing guru and index fund pioneer Charley Ellis. from Finance https://ift.tt/kTNQzOa via IFTTT

Analysts like these stocks to play EV-maker BYD’s new driver-assist rollout

As electric car giant BYD gets serious about advanced driver-assistance systems, analysts expect its suppliers can benefit. from Finance https://ift.tt/leAUSDa via IFTTT

Retirement investors are thinking about Social Security in the wrong way, says index fund legend

Social Security should be seen as an income stream for an investment portfolio, especially when considering overall wealth, says index fund guru Charley Ellis. from Finance https://ift.tt/KhEzNI2 via IFTTT

Here's a potential winner from the Trump tariffs: American tourists traveling abroad

The U.S. dollar is expected to strengthen further in 2025 due to President Donald Trump's tariff policy. Overseas travelers may enjoy more buying power. from Finance https://ift.tt/7B69Ybp via IFTTT

Warren Buffett's Berkshire Hathaway sells some DaVita, shares fall on disappointing guidance

DaVita shares tumbled after issuing a weak outlook amid rising care costs, while big investor Berkshire offloaded some shares in a preplanned agreement. from Finance https://ift.tt/MflGSnE via IFTTT

Stock pickers are on a record run with investors. Don't be fooled, says index fund guru

What's in store for the next chapter of passive vs. active investing, according to Charley Ellis, the indexer who wrote the book on what's best for your money. from Finance https://ift.tt/wnGlPLy via IFTTT

Stocks making the biggest moves after hours: GameStop, Coinbase, Airbnb, Informatica and more

See which stocks are posting big moves after the bell. from Finance https://ift.tt/yrKApCH via IFTTT

GameStop is considering investing in bitcoin and other cryptocurrencies, sources say

GameStop is exploring investments in alternative asset classes, including crypto and in particular bitcoin, three sources said. from Finance https://ift.tt/v248IUC via IFTTT

Germany's second-largest lender Commerzbank to cut 3,900 jobs as it unveils new targets

Commerzbank 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. from Finance https://ift.tt/piUTmvc via IFTTT

Chinese businesses rush to try DeepSeek AI at 'unprecedented' scale

Chinese businesses are tapping DeepSeek's newest AI model to see how it can improve productivity. from Finance https://ift.tt/tl6iwEg via IFTTT

Stocks making the biggest moves after hours: Reddit, Robinhood, Dutch Bros, MGM Resorts and more

These are the stocks posting the largest moves in postmarket trading. from Finance https://ift.tt/rbCuSB1 via IFTTT

CFPB’s new leadership begins staff purge with dozens of employees terminated

The terminations have sowed more confusion at the bureau, as several of those being laid off had already accepted federal buyout offers, said one of the people. from Finance https://ift.tt/w1hMzOk via IFTTT

Fintech unicorn Zepz to lay off 20% of its global workforce, sources say

London-based fintech Zepz is laying off around 200 IT workers as part of a major redundancy plan, two employees impacted by the move told CNBC. from Finance https://ift.tt/xksVnmf via IFTTT

Chinese tech giant Baidu to release next-generation AI model this year as DeepSeek shakes up market

Baidu plans to release the next generation of its model for powering generative AI applications in the second half of this year, according to a source familiar with the matter. from Finance https://ift.tt/mGsaOZ7 via IFTTT

Stocks making the biggest moves after hours: DoorDash, Lyft, Upstart, Super Micro Computer and more

These are the stocks posting the largest moves in extended trading. from Finance https://ift.tt/bI38dKY via IFTTT

Ken Griffin says Trump's 'bombastic' trade rhetoric is a mistake that's eroding trust in the U.S.

The billionaire hedge fund founder's comments came after Trump on Monday evening signed an order that would impose 25% tariffs on steel and aluminum imports. from Finance https://ift.tt/58WkO7e via IFTTT

Stocks making the biggest moves premarket: Coca-Cola, Shopify, Snap, First Solar & more

These are the stocks posting the largest moves in premarket trading. from Finance https://ift.tt/c65t37E via IFTTT

Italy's UniCredit posts fourth-quarter profit beat, raises shareholder returns

Italy's second-largest lender UniCredit on Tuesday posted a fourth-quarter profit beat, raising shareholder returns amid market focus on the bank's M&A overtures. from Finance https://ift.tt/beDNkhf via IFTTT

BYD rolls out driver assistance tech across its EV models — with DeepSeek's AI help

Advanced smart driving will become a standard safety feature similar to seatbelts and air bags, BYD's founder and chairman Wang Chuanfu said. from Finance https://ift.tt/XVvoFeb via IFTTT

Stocks making the biggest moves after hours: Lattice Semiconductor, Vertex Pharmaceuticals and more

These are the stocks posting the largest moves in extended trading. from Finance https://ift.tt/qOA8ixW via IFTTT

GameStop, MicroStrategy shares rise after Ryan Cohen posts photo with Michael Saylor

Cohen uploaded the photo over the weekend on X, sparking speculation that GameStop is plotting another strategy around crypto. from Finance https://ift.tt/jyIEbZA via IFTTT

Stocks making the biggest moves premarket: BP, Nucor, Tesla, Meta Platforms and more

These are the stocks posting the largest moves in premarket trading. from Finance https://ift.tt/RxGXkeb via IFTTT

Consumer Financial Protection Bureau staff told to work remotely as headquarters is shuttered

CFPB employees were told Sunday to work remotely because their Washington, D.C., headquarters would be closed through Feb. 14, according to a memo. from Finance https://ift.tt/lTWQ9pM via IFTTT

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 to Chinese stocks, even as economic worries persist, analysts predict. from Finance https://ift.tt/AVEfX3D via IFTTT

Trump 2.0 may create powerful tailwinds for two vastly different groups: big banks and small caps

Two exchange-traded fund experts deliver plays that should deliver multi-year gains. from Finance https://ift.tt/MQ7J5Nw via IFTTT

Many workers would take a pay cut to work from home — some would forgo at least 20% of their salary

Workers cite the work-life balance afforded by hybrid or fully remote jobs as the biggest benefit. from Finance https://ift.tt/qTzJvH1 via IFTTT

Stocks making the biggest moves midday: Amazon, Expedia, Pinterest, Skechers and more

These are the stocks posting the largest moves in midday trading. from Finance https://ift.tt/SxotFGm via IFTTT

How one ETF provider is trying to help investors cut exposure to Magnificent 7 stocks

The Astoria Portfolio Advisors CEO warns the S&P 500 is weighted too heavily toward Big Tech. from Finance https://ift.tt/6O2DnyE via IFTTT

Stocks making the biggest moves after hours: Amazon, Pinterest, Expedia and more

These are the stocks posting the largest moves in extended trading. from Finance https://ift.tt/JFWtqvk via IFTTT

Stocks making the biggest moves midday: Roblox, Peloton, Ralph Lauren, Yum Brands and more

These are some of the stocks posting the largest moves in midday trading Thursday. from Finance https://ift.tt/NEXdlxD via IFTTT

China says will protect its own interests in face of U.S. 'bullying'

China has toughened its tone following the Trump administration's opening salvo of tariffs. from Finance https://ift.tt/qRUOVol via IFTTT

Huawei revenue grows at fastest pace since 2016 as Chinese telecom giant shrugs off U.S. sanctions

Chinese telecommunications and smartphone giant Huawei continues to grow and take market share from Apple, despite U.S. restrictions. from Finance https://ift.tt/zMWZncX via IFTTT

Stocks making the biggest moves after hours: Qualcomm, Ford Motor, Arm Holdings and more

See which stocks are posting big moves after the bell. from Finance https://ift.tt/SeOnRsl via IFTTT

Third Point's Dan Loeb says the stock market will be fine despite Trump's 'unconventional' approach

The investor believes Trump's recently announced tariffs against Mexico, Canada and China will be less impactful than the headlines implied. from Finance https://ift.tt/9iFEljx via IFTTT

Stocks making the biggest moves midday: Alphabet, Apple, Uber, Nvidia and more

These are the stocks posting the largest moves in midday trading. from Finance https://ift.tt/LtniDXJ via IFTTT

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. from Finance https://ift.tt/GaXzio0 via IFTTT

Stocks making the biggest moves after hours: Alphabet, Chipotle Mexican Grill, Snap and more

These are the stocks posting the largest moves in extended trading. from Finance https://ift.tt/h84KUZb via IFTTT

Stocks making the biggest moves premarket: Pfizer, PepsiCo, Palantir, Merck & more

These are the stocks posting the largest moves in premarket trading. from Finance https://ift.tt/82B94U7 via IFTTT

HR unicorn Deel prepares for IPO as soon as 2026 after revenue jump

Human resources software firm Deel said it has hit an annual revenue run rate of $800 million as it ramps up preparations to go public. from Finance https://ift.tt/kEXw7bA via IFTTT

Swiss giant UBS posts $770 million in net profit, launches $1 billion share buyback in first half

from Finance https://ift.tt/s8ECIdz via IFTTT

Stocks making the biggest moves after hours: Palantir, NXP Semiconductors, Kyndryl and more

These are the stocks posting the largest moves in extended trading. from Finance https://ift.tt/lYJDGUE via IFTTT

Paul Tudor Jones says markets are on shakier ground than in Trump's first term, leaving no room for error

"There's so many things that are cross currents ... this is a completely, totally different landscape than Trump 1.0," Jones said. from Finance https://ift.tt/Wo5UgGn via IFTTT

Stocks that are getting hit the most from Trump's tariffs Monday include GM, Chipotle and Canada Goose

Tariffs could not only increase the cost of transporting goods across borders, they could also disrupt supply chains and crimp business confidence. from Finance https://ift.tt/OyEbsig via IFTTT

Stocks making the biggest moves premarket: General Motors, Constellation Brands, Tyson Foods and more

These are some of the stocks posting the largest moves in premarket trading. from Finance https://ift.tt/FY1osuc via IFTTT

Alphabet-backed fintech GoCardless halves losses, targets first annual profit in 2026

GoCardless reported a net loss of £35.1 million in the full year ending June 2024, down 55% year-over-year. from Finance https://ift.tt/VeJF9Kx via IFTTT

L.A. wildfire victims face financial anxiety amid recovery: 'The uncertainty is very unsettling'

The wildfires that tore through Los Angeles have left residents with ample financial anxieties. There are few answers right now. from Finance https://ift.tt/6HTMID8 via IFTTT

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. from Finance https://ift.tt/Bf9wIMH via IFTTT

We asked 10 travel agents: What's the top under-the-radar destination? Here's what they said

Travel specialists weigh in with the most underrated places to visit, along with can't-miss activities in each locale and the best times to go. from Finance https://ift.tt/cdlasOi via IFTTT