Check out the companies making headlines before the bell. Stocks moving on tariffs — U.S. stocks reacted to the new 25% tariffs President Donald Trump levied on Saturday on goods from Canada and Mexico, and 10% on China, effective at midnight Monday. Stocks suffering the most included automakers and suppliers, consumer goods makers, clothing companies, […]
Hiroki Takeuchi, co-founder and CEO of GoCardless. Zed Jameson | Bloomberg | Getty Images Financial technology unicorn GoCardless more than halved losses in 2024 and said it’s aiming to reach full-year profitability by 2026. The London-based startup, which helps businesses collect recurring payments such as subscriptions, reported a net loss of £35.1 million ($43.8 million) […]
Homes burn above Pacific Coast Highway during the Palisades Fire on Jan. 8, 2025, in Pacific Palisades, Calif. Photo by Jeff Gritchen/MediaNews Group/Orange County Register via Getty Images Alicia Kalvin awoke the morning of Jan. 7 to an urgent text from a friend: “There’s a fire on your street.” She hurried outside, alarmed to see […]
Nasdaq president Nelson Griggs discusses the decline of companies going public and when the incentive for initial public offerings will return. Source link
Klaus Vedfelt | Digitalvision | Getty Images Looking for travel inspiration for 2025 and beyond? Look no further: CNBC asked 10 travel agents for their recommendations of the most underhyped destinations in the world. We compiled their written answers below, including can’t-miss activities for each locale and the best times of year to visit. You’ll […]
President Donald Trump on Jan. 27, 2025 in Doral, Florida. Joe Raedle | Getty Images News | Getty Images President Donald Trump has repeatedly discussed imposing tariffs, both on the campaign trail and since taking office — and the first tranche, on goods from Canada, China and Mexico will take effect Feb. 1, the White […]
Check out the companies making headlines in midday trading: Colgate-Palmolive — Shares slipped 4% after the household products company reported fourth-quarter revenue that missed analysts’ expectations and forecasted weak 2025 sales given negative impacts from foreign exchange rates. KLA Corporation — The stock climbed 2% after the semiconductor company posted a top- and bottom-line beat […]
A “mild recession” is on the cards, according to Commerzbank CEO Manfred Knof. Picture Alliance | Picture Alliance | Getty Images Commerzbank on Friday unexpectedly released quarterly results, touting “record” annual profit and announcing a new share buyback scheme. The bank said it achieved a 20% increase in net profit to 2.68 billion euros ($2.78 […]
Check out the companies making headlines in premarket trading. Apple — Stock in the iPhone maker climbed 4%. Apple’s first-quarter results surpassed analyst estimates on the top and bottom line on Thursday, with the company’s strong services revenue helping to offset weaker-than-expected iPhone sales. Chevron — The oil giant’s stock fell more than 1% after […]
The tech-driven Nasdaq 100 may be undergoing a historic shift as it turns 40 this week. According to Strategas Securities’ Todd Sohn, cryptocurrency companies could fuel the next wave of gains. “Bitcoin is to crypto as the QQQ … is to technology type stocks,” the firm’s exchange-traded fund and technical strategist told CNBC’s “ETF Edge” this week. “Bitcoin is […]
