Month: February 2025
Workday beats estimates for revenue and profit, stock jumps
Carl Eschenbach, CEO of Workday speaks on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 23, 2025. Gerry Miller | CNBC Workday, the maker of human resources and finance software, reported better-than-expected quarterly results on Tuesday. The shares popped more than 7% in extended trading. Here’s how the company did […]
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Stick with Home Depot shares after earnings, investor Nancy Tengler says. Here’s why
Home Depot could be positioned to benefit from a “recovering” housing backdrop, Nancy Tengler of Laffer Tengler Investments said Tuesday. The firm’s CEO and chief investment officer joined CNBC’s ” Power Lunch ” to give her insights on the retailer, as well as two other trending stock stories. Here’s what she said during the segment’s […]
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Tesla’s market cap sinks below $1 trillion as stock slumps more than 8%
Elon Musk, chief executive officer of Tesla Inc., in the Oval Office of the White House in Washington on Tuesday, Feb. 11, 2025. Aaron Schwartz | Bloomberg | Getty Images Tesla’s post-election pop has almost disappeared. Shares of the electric vehicle maker plunged by more than 8% on Tuesday, pushing the company’s market cap below […]
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White House identifies DOGE administrator amid questions about Elon Musk’s role
CEO of Tesla and SpaceX Elon Musk speaks at the Conservative Political Action Conference (CPAC) at the Gaylord National Resort Hotel And Convention Center on February 20, 2025 in Oxon Hill, Maryland. Andrew Harnik | Getty Images The administrator of President Donald Trump’s so-called Department of Government Efficiency has been identified as Amy Gleason, a […]
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Super Micro shares fall ahead of filing deadline
The Super Micro Computer Inc. headquarters in San Jose, California, US, on Tuesday, Dec. 3, 2024. David Paul Morris | Bloomberg | Getty Images Super Micro Computer shares fell as much as 10% during trading on Tuesday as the company nears a deadline to file audited financial reports or be delisted from the Nasdaq exchange. […]
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Cash yields more than 4% as markets become rocky. How to get the best use of this asset in your portfolio
Investors looking for steady investments during bouts of market volatility can find solid yields with cash. However, they should be thoughtful on how they incorporate it into their portfolio. This year is expected to be rocky , although strategists still expect stocks to ultimately end higher. On Tuesday, the S & P 500 was on […]
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More traders turn bullish in first quarter even as market shows signs of fatigue, Schwab survey says
Traders work on the New York Stock Exchange (NYSE) floor on Feb. 20, 2025 in New York City. Spencer Platt | Getty Images An expensive stock market didn’t prevent traders from getting more bullish as investors increasingly bet that the bull run could keep chugging along, according to Charles Schwab’s new quarterly client survey. The […]
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Gold is hot — but a classic Warren Buffett rule suggests caution, advisor says
An attendant holds 1-kilogram gold bars on Feb. 17, 2025. Akos Stiller/Bloomberg via Getty Images Gold prices are popping. But investors should avoid the temptation to chase a shiny object, investment experts said. The SPDR Gold Shares fund (GLD), which tracks the price of gold bullion, is up about 11% in 2025 as of 2 p.m. […]
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Healthy Returns: HHS Secretary RFK Jr. is making early moves that may affect vaccine access
Robert F. Kennedy Jr., U.S. President Trump’s nominee to be Secretary of Health and Human Services, testifies before a Senate Finance Committee confirmation hearing on Capitol Hill in Washington, U.S., Jan. 29, 2025. Nathan Howard | Reuters A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news […]
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Perplexity AI launching $50 million venture fund to back early-stage startups
Perplexity AI logo is seen in this illustration taken January 4, 2024. Dado Ruvic | Reuters Perplexity AI, the developer of a popular artificial intelligence search engine, is close to raising a $50 million venture fund focused on early-stage AI startups, CNBC has learned. The company will be an anchor investor in the fund, but […]
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