Stocks making the biggest moves midday: Trump Media, Salesforce, Tesla, AMC Entertainment and more
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 […]
Stocks making the biggest moves premarket: Tesla, Informatica, Newmont, CoreWeave and more
Check out the companies making headlines before the bell. Newmont — The gold miner’s stock shed 2% alongside the decline in the precious metal’s price. Spot gold, considered a safe haven, was down 1.5% after President Donald Trump delayed tariffs on the European Union. Tesla — Shares of the electric vehicle maker rose more than […]
Xiaomi takes aim at Tesla’s bestselling car in China with its longer-range YU7
Key Points China’s Xiaomi is taking aim at Tesla’s bestselling car in China with the YU7 SUV due for launch this summer. “We expect Yu7 would significantly erode Tesla Model-Y’s China market share,” Citi analyst Jeff Chung said in a report Sunday. The YU7 is positioned as a “luxury SUV” and its sales could outperform […]
Stocks making the biggest moves midday: Apple, Ross Stores, Intuit, Booz Allen Hamilton and more
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 […]
Block’s bitcoin checkout goes live in Vegas, a significant step in making it ‘everyday money’
A Square-powered bitcoin checkout is now live on the Vegas Strip, where Bitcoin 2025 attendees can scan and pay for merch in seconds using the Lightning Network. Miles Suter LAS VEGAS — Jack Dorsey’s latest bitcoin vision is hitting the checkout counter — starting with a merch truck parked just off the casino floor inside […]
DJT shares fall 10% as Trump Media says it’s raising $2.5 billion to buy bitcoin
Republican presidential nominee and former U.S. President Donald Trump gestures at the Bitcoin 2024 event in Nashville, Tennessee, U.S., July 27, 2024. Kevin Wurm | Reuters LAS VEGAS — Trump Media announced Tuesday a $2.5 billion raise from institutional investors to bankroll one of the largest bitcoin treasury allocations by a public company. Shares of […]
Tesla shares climb as Musk pledges to be ‘super focused’ on companies ahead of Starship launch
Elon Musk listens as reporters ask U.S. President Donald Trump and South Africa President Cyril Ramaphosa questions during a press availability in the Oval Office at the White House on May 21, 2025 in Washington, DC. Chip Somodevilla | Getty Images Tesla shares gained about 5% on Tuesday after CEO Elon Musk over the weekend […]
Trump advisor Hassett says ‘we don’t want to harm’ Apple with iPhone tariffs
White House economic adviser Kevin Hassett gives a TV interview outside of the White House in Washington, U.S., May 9, 2025. Leah Millis | Reuters National Economic Council Director Kevin Hassett said Tuesday that the Trump administration does not want to “harm Apple” with tariffs. “Everybody is trying to make it seem like it’s a catastrophe if there’s […]
Salesforce to acquire data management company Informatica in $8 billion deal
Salesforce Inc. signage during the Singapore FinTech Festival in Singapore, on Thursday, Nov. 3, 2022. Bloomberg | Bloomberg | Getty Images Salesforce announced Tuesday that it’s buying cloud data management firm Informatica in an $8 billion deal to bolster the enterprise software giant’s push into artificial intelligence. Shares of Salesforce were up about 1% in […]
