Day: February 19, 2025
Gold rally has more room to run as Trump uncertainty supercharges demand
Gold’s 2025 rally has further to run according to strategists, as factors including geopolitical volatility, continued central bank demand and perceptions of a shortage drive the precious metal higher. The spot gold price has been on a tear since late December, rising from $2,587.6 on Dec. 18 to $2,941.1 on Feb. 19, smashing through all-time […]
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Host Hotels & Resorts CEO Jim Risoleo: The higher-end consumer is ‘very healthy’
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Closing Bell: Overtime Jim Risoleo, Host Hotels and Resorts CEO, joins ‘Closing Bell Overtime’ to talk quarterly results, consumer travel trends, and more. 04:39 an hour ago Source
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A small, plug-in device is helping music artists get paid — and Elton John and ABBA’s Björn Ulvaeus are investors
Audoo, a tech company founded by musician-turned-entrepreneur Ryan Edwards, is tackling one of the music industry’s long-standing challenges — ensuring artists receive accurate royalties for their music played in commercial locations. The idea was born when Edwards heard his own music being played in a London department store, and he became curious about how royalties […]
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Carvana expects another ‘strong’ year after topping fourth-quarter expectations
A Carvana sign and signature vending machine in Tempe, Arizona. Michael Wayland | CNBC Carvana topped Wall Street’s top- and bottom-line expectations for the fourth quarter while guiding for another “strong” year in 2025. Carvana, as it has in the past, gave a broad guidance outlook for this year that includes growth in both retail […]
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Stocks making the biggest moves after hours: Klaviyo, Carvana, Palantir and more
Check out the companies making headlines in after-hours trading. Klaviyo – The software company surged almost 6% after fourth-quarter results topped Wall Street expectations. Klaviyo posted adjusted earnings of 7 cents per share on $270 million in revenue, above the 6 cents per share and $257 million in revenue that analysts surveyed by LSEG were […]
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Palantir plunges after CEO Karp changes share sales plan, Pentagon budget cut report
Palantir co-founder & CEO Alex Karp attends meetings at the U.S. Capitol in Washington, U.S., October 18, 2023. Jonathan Ernst | Reuters The share price of Palantir fell by as much as 12.5% Wednesday after news that CEO Alex Karp had adopted a new stock trading plan, and a report that the Pentagon has been […]
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Why Trump’s tariffs aren’t affecting the stock market
Despite worries about President Donald Trump ‘s trade war, this earnings season shows that companies are choosing to focus on upcoming tailwinds, allowing investors to largely shrug off tariff concerns. “Animal spirits over tariffs” is the takeaway from this earnings season, Goldman Sachs chief economist Jan Hatzius said in a Monday research note. Excluding results […]
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Healthy Returns: Ozempic helps curb alcohol use in new study — and doctors are concerned about telehealth GLP-1s
Steve Christo | Corbis News | Getty Images A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. Novo Nordisk‘s blockbuster diabetes drug Ozempic may also help people drink less alcohol. That’s according to new government-funded research […]
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Apple will need to raise prices for the iPhone, other products 9% to fully offset Trump’s coming tariffs, estimates Bank of America
Key Points Apple will need to hike prices around 9% to mitigate the effect of tariffs put into place by President Donald Trump, according to Bank of America. Apple has been under the microscope amid the ongoing tariff discussions. Source
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San Francisco 49ers explore 10% minority stake sale at about $9 billion valuation
A San Francisco 49ers helmet on the field during pregame warmups before an NFL game against the Arizona Cardinals at State Farm Stadium in Glendale, Arizona, on Dec. 17, 2023. Ryan Kang | Getty Images The San Francisco 49ers may be the next National Football League franchise to sell a minority stake to private equity. […]
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