Month: February 2025
Bank stocks pop after Fed releases ‘easier’ 2025 stress test, plans to make exam more predictable
Jane Fraser, CEO of Citi, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 1, 2023. Patrick T. Fallon | AFP | Getty Images Bank shares rose Thursday after the Federal Reserve released parameters for its annual industry stress test showing smaller hypothetical shocks to the U.S. economy than in previous […]
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Trump federal employee buyout deadline faces court challenge
Trump supporters walk near the U.S. Capitol building as the sun sets the day U.S. President Elect Donald Trump was declared the winner of the presidential election in Washington, U.S., November 6, 2024. Leah Millis | Reuters A lawsuit challenging the Trump administration’s offer of buyouts to federal government employees will be heard by a […]
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L’Oreal sales slightly miss in fourth quarter as China weakness persists
A woman view skin care products at L’Oreal booth during the 7th China International Import Expo (CIIE) at the National Exhibition and Convention Center (Shanghai) on November 5, 2024 in Shanghai, China. China News Service | China News Service | Getty Images French cosmetics giant L’Oreal on Thursday reported lower-than-expected sales in the fourth quarter […]
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CNBC’s Inside India newsletter: Can a consumption boost save India’s slowing economy?
Brigade Road (Main Shopping Street), Bangalore, Karnataka, India Peter Adams | Stone | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter, which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribe here. The big […]
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Morgan Stanley says buy the DeepSeek dip in Nvidia, calls it top pick into earnings
The recent DeepSeek-fueled sell-off in technology stocks has made Nvidia shares ripe for the picking, according to Morgan Stanley. Analyst Joseph Moore reiterated Nvidia as a top pick and repeated an overweight rating on the stock in a Thursday note to clients. His $152 price target on the dominant maker of artificial intelligence chips indicates […]
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How Calvin Klein and Tommy Hilfiger got caught in Trump’s trade war with China
People shop for clothes at a Calvin Klein store at a mall in Beijing on Feb. 5, 2025. Adek Berry | AFP | Getty Images China has blacklisted the owner of Calvin Klein and Tommy Hilfiger, which could force the company to shut down stores and manufacturing in an early repercussion of President Donald Trump’s […]
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Bank of England’s Bailey says UK can’t avoid U.S. tariff impact — even if it’s not in the direct firing line
Andrew Bailey, Governor of the Bank Of England, pauses before the start of the Monetary Policy Report press conference at the Bank Of England on February 6, 2025 in London, England. Kin Cheung – WPA Pool | Getty Images News | Getty Images Even if the U.K. is not the “direct recipient” of potential tariffs […]
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Bristol Myers’ stock decline in response to weak guidance is a gift to investors
Bristol Myers Squibb on Thursday reported better-than-expected quarterly results, but weak guidance for 2025 sent shares lower. Jim Cramer’s faith in the drugmaker is unshaken. Revenue in the fourth quarter rose 8% year over year to $12.34 billion, well ahead of the $11.57 billion consensus, according to analysts’ estimates compiled by LSEG. Adjusted earnings per […]
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Roblox plummets 16% on disappointing bookings, daily active users miss
Roblox shares plunged more than 16% after the gaming platform fell short of Wall Street’s bookings and daily active user estimates. Roblox reported bookings of $1.36 billion for the fourth quarter, versus the $1.37 billion expected by analysts polled by LSEG. Daily active users came in at 85.3 million, reflecting 19% growth from a year […]
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Strong Taco Bell sales fuel Yum Brands earnings beat
A sign is posted in front of a Taco Bell restaurant in Richmond, California, on May 1, 2024. Justin Sullivan | Getty Images Yum Brands on Thursday reported quarterly earnings and revenue that beat Wall Street estimates, fueled by strong sales for KFC’s international restaurants and Taco Bell. Shares of the company rose more than 7% in […]
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