Month: February 2025
Stock futures are little changed after S&P 500 posts back-to-back winning sessions: Live updates
Traders work on the floor of the New York Stock Exchange on Feb. 4, 2025. NYSE U.S. stock futures were little changed Wednesday night after the major averages posted back-to-back winning sessions. Futures tied to the Dow Jones Industrial Average were marginally higher. S&P 500 futures and Nasdaq 100 futures were both trading around flat. […]
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Salesforce picks board member Robin Washington to be its next finance and operating leader
Robin Washington speaks on stage during the 2019 Watermark Conference for Women Silicon Valley at San Jose McEnery Convention Center in San Jose, California, on Feb. 22, 2019. Marla Aufmuth | Wireimage | Getty Images Salesforce on Wednesday said former Gilead Sciences finance chief Robin Washington will join the software maker to become president and […]
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Stocks making the biggest moves after hours: Qualcomm, Ford Motor, Arm Holdings and more
Check out the companies making headlines after the bell : Qualcomm — The semiconductor stock slipped close to 5% despite reporting stronger-than-expected earnings and revenue for its fiscal first quarter. Qualcomm posted adjusted earnings of $3.41 per share on revenue of $11.67 billion, exceeding the $2.96 per share and $10.93 billion that analysts polled by […]
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Fed officials are raising concerns about the impact Trump’s tariffs could have on inflation
Austan Goolsbee speaking at Jackson Hole on August 23, 2024. David A. Grogan | CNBC Federal Reserve officials take great pains not to comment on fiscal policy, but the looming threat from tariffs is forcing their hand. In recent days, multiple central bank policymakers not only have noted the uncertainty surrounding President Donald Trump’s desire to […]
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Cosm considers international expansion of immersive sports-viewing venues
Cosm may be coming to a city near you — both in the U.S. and abroad. The immersive sports-viewing technology company has built two dome venues in Los Angeles and Dallas that emulate the experience of being live at a sports stadium. The startup plans to build two more venues in Atlanta and Detroit in 2026. […]
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Ford beats earnings expectations but forecasts tougher year ahead
DETROIT — Ford Motor beat Wall Street’s top- and bottom-line expectations for the fourth quarter but forecast a tougher year ahead for the company, as CEO Jim Farley promises improvements in vehicle quality and costs. Shares of Ford fell 5% in after-hours trading. Ford’s forecast this year calls for adjusted earnings before interest and taxes […]
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Qualcomm tops estimates for earnings and revenue on strong smartphone demand
Qualcomm CEO Cristiano Amon speaks at the Computex forum in Taipei, Taiwan, June 3, 2024. Ann Wang | Reuters Qualcomm reported better-than-expected fiscal first-quarter results on Wednesday and issued strong guidance for the current period. Here’s how the chipmaker did versus LSEG consensus estimates for the quarter ending Dec. 29: Earnings per share: $3.41, adjusted, […]
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IBM is the best Dow stock over the past 3 months, but one CIO says its AI message is disappointing
IBM has been the best-performing stock in the blue-chip Dow Jones Industrial Average over the past three months, climbing 27%, but according to Scott Nations, president and chief investment officer of Nations Indexes, the original tech stock has more to prove in artificial intelligence. Nations appeared on CNBC’s “Power Lunch” on Wednesday to share his […]
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Novo Nordisk CEO says he’s confident about Wegovy supply, next-generation weight loss drugs
It’s been a rocky few months for Novo Nordisk. Prescription data from IQVIA suggests Novo’s obesity drug Wegovy is losing ground to rival Zepbound from Eli Lilly. Wegovy’s potential successor, CagriSema, came up short of investor expectations in a closely watched Phase 3 trial. Novo’s stock has fallen more than 20% over the last year, […]
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