Stocks making the biggest moves midday: Uber, Carnival, Advance Auto Parts, Snowflake and more
Check out the companies making the biggest moves midday: Carnival — The cruise line jumped nearly 7% after beating second-quarter earnings and revenue that topped analysts’ expectations. Carnival reported adjusted earnings of 35 cents per share on revenue of $6.33 billion. Analysts were expecting earnings of 25 cents per share on revenue of $6.21 billion, […]
Watch Fed Chair Powell testify live on interest rate policy before House committee
[The stream is slated to start at 10a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell delivers his semiannual monetary policy testimony to congressional leaders, starting Tuesday with an appearance before the House Financial Services Committee. In prepared remarks, Powell noted the […]
Stocks making the biggest moves premarket: Carnival, Chewy, KB Home, Lockheed Martin and more
Check out the companies making headlines before the bell: Carnival — The cruise line jumped more than 6% after beating second quarter earnings and revenue that topped analysts’ expectations. Carnival reported adjusted earnings of 35 cents per share on revenue of $6.33 billion. Analysts were expecting earnings of 25 cents per share on revenue of […]
Powell emphasizes Fed’s obligation to prevent ‘ongoing inflation problem’ despite Trump criticism
Key Points Federal Reserve Chair Jerome Powell on Tuesday said he expects policymakers to stay on hold until they have a better handle on the impact tariffs will have on prices. The cautious tones could further antagonize President Donald Trump, who has ramped up his long-standing criticism of Powell. Powell will present his speech, along […]
Getting Trump’s full tax break on car loans may mean buying a $130,000 vehicle
Key Points President Donald Trump proposed a tax break on car loan interest while on the campaign trail last year. House and Senate Republicans have pitched a $10,000 tax deduction on auto loan interest as part of the so-called “one big beautiful bill” being debated in Washington. Households would likely need to buy luxury cars […]
Nvidia CEO Huang sells $15 million worth of stock, first sale of $873 million plan
Nvidia CEO Jensen Huang attends a roundtable discussion at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris on June 11, 2025. Sarah Meyssonnier | Reuters Nvidia CEO Jensen Huang sold 100,000 shares of the chipmaker’s stock on Friday and Monday, according to a filing with the […]
Ambarella shares soar 19% on report chip designer is exploring sale
Thomas Fuller | SOPA Images | Lightrocket | Getty Images Ambarella shares popped 19% after a report that the chip designer is currently working with bankers on a potential sale. Bloomberg reported the news, citing sources familiar with the matter. While no deal is imminent, the sources told Bloomberg that the firm may draw interest […]
Judge rules Anthropic did not violate authors’ copyrights with AI book training
Dario Amodei, Anthropic CEO, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 21st, 2025. Gerry Miller | CNBC Anthropic’s use of books to train its artificial intelligence model Claude was “fair use” and “transformative,” a federal judge ruled late on Monday. Amazon-backed Anthropic’s AI training did not violate the […]
Amazon bringing faster delivery to thousands of small towns and cities
A worker unloads boxes from an Amazon delivery van in San Francisco on Oct. 24, 2024. David Paul Morris | Bloomberg | Getty Images Amazon is expanding its rapid delivery machine to more rural corners of the U.S. The company said Tuesday it plans to bring same- or next-day delivery to more than 4,000 smaller […]
Crypto rules of the road framework unveiled by Republican senators
Two Republican senators are planning to debut a framework on Tuesday for a major bill that would set the rules of the road for digital assets. According to the framework, being introduced by Senate Banking Chairman Tim Scott of South Carolina and Sen. Cynthia Lummis of Wyoming, who heads the panel’s digital assets committee, the […]
Home price hikes are slowing more than expected
June 24, 2025
