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Finance
Stocks making the biggest moves midday: Tilray Brands, Allegiant Travel, Broadcom & more

Stocks making the biggest moves midday: Tilray Brands, Allegiant Travel, Broadcom & more

Check out the companies making the biggest moves midday: Quanex Building Products — The building products maker jumped 9% after the company posted better-than-expected earnings for its fiscal fourth quarter. Quanex reported adjusted earnings of 83 cents per share on revenue of $789.8 million. Analysts polled by FactSet expected a profit of 52 cents per share on […]

Coinbase to soon unveil prediction markets powered by Kalshi, source says

Coinbase to soon unveil prediction markets powered by Kalshi, source says

Crypto World Coinbase to soon unveil prediction markets powered by Kalshi, source says Published Fri, Dec 12 20251:25 PM EST Liz Napolitano@LizKNapolitano WATCH LIVE Source

For investors all-in on Magnificent 7-led market, ‘equal weight’ is trending as stock call for 2026

For investors all-in on Magnificent 7-led market, ‘equal weight’ is trending as stock call for 2026

ETF Edge For investors all-in on Magnificent 7-led market, ‘equal weight’ is trending as stock call for 2026 Published Fri, Dec 12 20258:40 AM ESTUpdated 53 Min Ago Krysta Escobar WATCH LIVE Source

Fed’s Goolsbee explains vote against rate cut, says central bank should have waited

Fed’s Goolsbee explains vote against rate cut, says central bank should have waited

Austan Goolsbee, President and CEO of the Federal Reserve Bank of Chicago, speaks to the Economic Club of New York in New York City, U.S., April 10, 2025.  Brendan McDermid | Reuters Chicago Federal Reserve President Austan Goolsbee on Friday explained why he voted against this week’s interest rate cut, saying policymakers should have waited […]

Stocks making the biggest moves premarket: Tilray Brands, Lululemon, Broadcom, Citigroup & more

Stocks making the biggest moves premarket: Tilray Brands, Lululemon, Broadcom, Citigroup & more

Check out the companies making headlines before the bell. Tilray Brands — The cannabis stock surged 28% after The Washington Post reported that the Trump administration was looking to cut federal restrictions on marijuana. The Amplify Alternative Harvest ETF (MJ) also traded 20% higher. Lululemon — The athleisure brand jumped 9.4% after CEO Calvin McDonald […]

Technology
Trump’s AI order may be ‘illegal,’ Democrats and consumer advocacy groups claim

Trump’s AI order may be ‘illegal,’ Democrats and consumer advocacy groups claim

President Donald Trump and his tech allies say that his new executive order to establish a national framework for artificial intelligence regulation will give the U.S. an edge over China in the AI war and pave the way for innovation. But Democratic lawmakers and state officials, as well as consumer advocacy groups, are raising alarms […]

Broadcom tumbles 11% despite blockbuster earnings as ‘AI angst’ weighs on Oracle, Nvidia

Broadcom tumbles 11% despite blockbuster earnings as ‘AI angst’ weighs on Oracle, Nvidia

Broadcom CEO Hock Tan. Lucas Jackson | Reuters Broadcom’s quarterly results and guidance sailed past Wall Street estimates. It didn’t matter. The chipmaker’s shares plummeted 11% on Friday, on pace for their worst day since January, as investors ran for the exits on the artificial intelligence trade. Oracle dropped 4% a day after plunging 10% […]

Jim Cramer says buy the sharp decline in Broadcom. Here’s why

Jim Cramer says buy the sharp decline in Broadcom. Here’s why

CNBC’s Jim Cramer told investors on Friday to buy the sharp, post-earnings sell-off in Broadcom shares. “This company is on fire,” Cramer said on ” Squawk on the Street ,” pointing to the custom chipmaker’s long list of notable clients, including Alphabet , Meta Platforms , ByteDance-owned TikTok, and Anthropic. The stock sank nearly 11% […]

Broadcom earnings, Lululemon CEO steps down, ‘fibermaxxing’ and more in Morning Squawk

Broadcom earnings, Lululemon CEO steps down, ‘fibermaxxing’ and more in Morning Squawk

FILE PHOTO: A Broadcom logo and a computer motherboard appear in this illustration taken August 25, 2025. Dado Ruvic | Reuters This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Chip types The S&P 500 and […]

CNBC Daily Open: Record high U.S. stocks as investors rotate out of tech

CNBC Daily Open: Record high U.S. stocks as investors rotate out of tech

Traders work on the floor of the New York Stock Exchange on Dec. 11, 2025, in New York City. Spencer Platt | Getty Images The S&P 500 and Dow Jones Industrial Average advanced on Thursday, with both hitting fresh closing records. The Russell 2000 index also ended the session at a new high, following the […]