adminStocks making biggest moves midday: Amazon, Lennar, GoodRX, Gilead
Check out the companies making headlines in midday trading. EchoStar — EchoStar announced a corporate reorganization one week after closing its merger with Dish Network, including retaining Houlihan Lokey as…
Stocks making the biggest moves midday: U, JBLU, JNPR
Check out the companies making headlines in midday trading. Unity Software — The gaming technology stock dropped 8% after announcing Monday it’s cutting 1,800 positions , or about 25% of…
Coinbase to expand crypto derivatives in EU with license acquisition
LONDON, ENGLAND – NOVEMBER 09: In this photo illustration, a flipped version of the Coinbase logo is reflected in a mobile phone screen on November 09, 2021 in London, England.…
Cryptocurrency investors eagerly await SEC ruling on bitcoin ETFs
Crypto investors are eagerly awaiting an imminent ruling from the U.S. Securities and Exchange Commission that will likely approve the trading of a spot bitcoin exchange-traded fund, more than a…
BYD’s best-selling China EVs, including one edging out Tesla’s Model Y
BYD’s new luxury brand Yangwang is selling its first model, the U8, for more than 1 million yuan (US$160,000). CNBC | Evelyn Cheng BEIJING — BYD has overtaken Tesla again…
UK CEO pay exceeds average worker salary for the year
Skyscrapers in the Canary Wharf financial, business and shopping district in London, UK. Bloomberg | Bloomberg | Getty Images The average FTSE 100 CEO will have earned more this year…
Alibaba was once a Wall Street darling. What’s next?
Signage for Alibaba Group Holding Ltd. covers the front facade of the New York Stock Exchange November 11, 2015. Brendan McDermid | Reuters BEIJING — It’s been a tumultuous 12…
The Fed could cut interest rates in 2024. How investors can prepare
Georgijevic | E+ | Getty Images Stocks’ runup likely won’t persist Falling interest rates are generally a boon for the stock market, advisors said. Among the reasons: Businesses can borrow…
Big Short’s Steve Eisman worries investors are too bullish in 2024
Investor Steve Eisman of “The Big Short” fame is questioning the level of bullishness on Wall Street — even with the market’s tepid start to the year. From enthusiasm surrounding…
BYD produced more than 3 million cars in 2023, beating Tesla
BYD launched the BYD Seal in Europe at the IAA auto show in Munich, Germany. The electric sedan has a starting price of 44,900 euros ($48,479). Arjun Kharpal | CNBC…
Tesla, New York Times, NetEase
Check out the companies making headlines in midday trading. Tesla — The electric vehicle maker added 1.9% after Bloomberg News reported improvements to its Model Y vehicle are coming. Tesla…
Raymond James breaks down its top AI picks for 2024
Mega-cap technology titans are racing to develop generative artificial intelligence technology, and Raymond James thinks just a few key names will win, as they continue to influence the next phase…
China’s Xiaomi unveils first EV in bid to compete with Porsche, Tesla
Chinese smartphone company Xiaomi revealed on Dec. 28, 2023, its forthcoming electric car, the SU7 sedan. CNBC | Evelyn Cheng BEIJING — Chinese consumer electronics company Xiaomi on Thursday detailed…
A few U.S.-listed China stocks doubled in 2023. Winners to watch
The top-performing U.S.-listed Chinese stocks for 2023 weren’t well-known internet names. Instead of Alibaba — down more than 10% for the year — it’s Temu parent PDD Holdings that outperformed…
JD, New York Times, Iovance
Check out the companies making headlines before the bell. Tesla — The electric vehicle maker rose nearly 1%, adding to previous gains on news that it will revamp its Model…
Stocks making biggest moves midday: Fisker, Lyft, Boston Scientific
Check out the companies making headlines in midday trading. Fisker — The electric vehicle stock gained nearly 15.9% after Fisker reported it grew deliveries by more than 300% from the…
Stocks making the biggest moves premarket: Lyft, Fisker, UnitedHealth and more
These are the stocks posting the largest moves in premarket trading.
Iovance, New York Times, Penn, JD
Check out the companies making headlines in midday trading. Regeneron Pharmaceuticals — Shares of the biotech firm edged less than 1% higher, adding to Wednesday’s gains. The moves follow a…
Does the tax on your year-end bonus check seem high? Here’s why
Jgi/tom Grill | Tetra Images | Getty Images Does your year-end bonus look smaller than expected? Tax withholding is a likely culprit, but Uncle Sam may pay some back when…
Stocks making the biggest moves premarket: Coherus, NetEase and more
Check out the companies making headlines before the bell. NetEase — Shares of the Chinese internet company shed 4% after China’s top gaming regulator promised to “further modify and improve”…
INTC, NIO, FDX, MANU and more
Check out the companies making headlines in midday trading. Intel — The semiconductor stock added 5.2% after Israel’s government announced a $3.2 billion grant. The grant will be for Intel…
Stocks making the biggest moves premarket: Intel, Synopsys and more
Check out the companies making headlines before the bell. Intel — The semiconductor stock climbed 2.2% on news that Israel’s government agreed to grant Intel $3.2 billion for a new…
James Gorman talks Disney succession, proxy fight
Morgan Stanley CEO James Gorman said Thursday that he’s gearing up to join a succession planning committee at Disney, which will advise the board on choosing CEO Bob Iger’s successor.…
China’s potential new gaming rules will hit smaller developers more
Mobile games in China range from League of Legends-like Honor of Kings to Source: Apple Inc. BEIJING — China’s proposed gaming rules would hit smaller developers more than large ones,…
China’s EV ambitions are getting bolder. One stock expected to soar
China’s new car market is now 40% electric and hybrid, industry data show. That contrasts with a mere 7.2% across the United States, JL Warren Capital’s Junheng Li said in…
NKE, BMY, COIN and more
Check out the companies making headlines in premarket trading. Nike — Shares tumbled 12.1% after the athletic retailer slashed its sales guidance and announced plans to cut costs by around…
Here’s when you can visit a national park for free in 2024
Grand Canyon National Park Jacobs Stock Photography | Photodisc | Getty Images The National Park Service is offering free admission to U.S. national parks on six days in 2024. There…
Stocks making the biggest moves midday: NKE, RKLB, BMY, NTES
Check out the companies making headlines in midday trading. Nike , Foot Locker — Shares of Nike plummeted 11.8% after the athletic apparel company slashed its revenue outlook and announced…
PARA, SPOT, BB, KMX and more
Check out the companies making headlines in midday trading. Spotify — The streaming music stock gained 2.2% after Pivotal Research upgraded Spotify to buy from hold. The Pivotal note said…
UK and Switzerland sign new post-Brexit financial services deal
The U.K. and Switzerland are deepening the ties between their financial services sectors with a new post-Brexit deal. Sopa Images | Lightrocket | Getty Images LONDON — The U.K. and…
Citigroup to close global distressed-debt unit
A trader works underneath a monitor displaying Citigroup Inc. signage on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on June 3, 2016. Michael Nagle…
Alibaba CEO Eddie Wu to lead Taobao and Tmall e-commerce business
Trader works at the post where Alibaba is traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 28, 2023. REUTERS/Brendan McDermid Brendan…
Friday’s S&P 500, Nasdaq-100 rebalance may reflect concerns over concentration risk
It’s arguably the biggest stock story of 2023: a small number of giant technology companies now make up a very large part of big indexes like the S&P 500 and the…
Netflix, SunPower, Adobe and more
Check out the companies making headlines in midday trading. Etsy — The online merchandise platform saw shares rebound more than 4% after a steep sell-off last week. Etsy announced last…
Metaverse firm Improbable sells gaming unit for $97 million
Herman Narula, co-founder and CEO of Improbable, speaks during a session at the Web Summit in Lisbon. Henrique Casinhas | Sopa Images | Lightrocket | Getty Images Metaverse company Improbable…