Month: February 2025
UnitedHealth’s rough stretch continues, with buyouts, a reported DOJ probe and a 23% drop in three months
FILE PHOTO: The logo of Down Jones Industrial Average stock market index listed company UnitedHealthcare is shown in Cypress, California April 13, 2016. Mike Blake | Reuters UnitedHealthcare is in hot water again as the insurance giant grapples with a reported government investigation of its Medicare billing practices, pursues employee buyouts and potential layoffs and […]
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The family-office gold rush is spurring a conference craze — with one notable comeback
From left, the Trump Royale, The Trump Palace and the Trump International Beach Resort are shown in Sunny Isles Beach, Florida, U.S. March 13, 2017. Joe Skipper | Reuters As the rich have gotten richer, family offices have exploded in popularity, numbering 8,000 worldwide and managing some $3.1 trillion in assets, according to Deloitte. Family […]
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Coinbase says SEC dropping enforcement case as CEO calls for end to ‘bogus’ actions against crypto
Coinbase announced Friday that the Securities and Exchange Commission has agreed to drop its enforcement case against the company, pending the approval of the regulator’s commissioners. Shares of Coinbase rose 4% in premarket trading. In 2023, the SEC charged Coinbase with operating an unregistered securities exchange and for failing to properly register its crypto staking […]
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‘We felt at home’: Israeli weapons firms out in force at Abu Dhabi defense expo
Attendees at IDEX in Abu Dhabi visit the Israel pavilion during the Middle East’s largest defense expo on Feb. 18, 2025 Natasha Turak | CNBC ABU DHABI, United Arab Emirates – A record 34 Israeli companies exhibited at IDEX this week, the Middle East’s largest defense expo hosted biennially by Abu Dhabi. After fifteen months […]
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Stocks making the biggest moves premarket: UnitedHealth, Rivian, Block, Celsius and more
Check out the companies making headlines before the bell. Celsius Holdings — The energy drink maker skyrocketed more than 31% after surpassing expectations for fourth-quarter earnings and entering an agreement to acquire Alani Nutrition in a cash and stock deal. Celsius earned an adjusted 14 cents per share on $332 million in revenue, while analysts […]
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5 things to know before the stock market opens Friday
Here are the most important news items that investors need to start their trading day: 1. Stallmart Investors hope to end a lackluster week on a high note. Stocks dropped on Thursday, as the S&P 500 dipped 0.4%, the Nasdaq Composite lost 0.5% and the Dow Jones Industrial Average slid 1%. Walmart‘s stock fell more […]
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Booking Holdings CEO Glenn Fogel on Q4 results, integration of generative AI
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Booking Holdings CEO Glenn Fogel joins ‘Squawk Box’ to discuss the company’s quarterly earnings results, state of the consumer, 2025 outlook, integration of generative AI across its travel products, and more. Source
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How DeepSeek used distillation to train its artificial intelligence model, and what it means for companies such as OpenAI
Chinese artificial intelligence lab DeepSeek roiled markets in January, setting off a massive tech and semiconductor selloff after unveiling AI models that it said were cheaper and more efficient than American ones. But the underlying fears and breakthroughs that sparked the selling go much deeper than one AI startup. Silicon Valley is now reckoning with […]
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Apple’s Vision Pro has a problem a year into its existence: Not enough apps
Apple CEO Tim Cook (L) takes a selfie with a greets customers on arrival for the release of the Vision Pro headset at the Apple Store in New York City on February 2, 2024. Angela Weiss | AFP | Getty Images When Apple revealed the Vision Pro in 2023, it called the $3,500 headset its […]
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Trump administration hasn’t complied with order to halt foreign aid freeze, judge says
U.S. President Donald Trump looks on in the Oval Office at the White House in Washington, U.S. Feb. 4, 2025. Elizabeth Frantz | Reuters The Trump administration has not fully complied with a court order pausing the freezing of foreign assistance grants and contracts, a federal judge ruled Thursday. U.S. District Judge Amir Ali last […]
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