Month: February 2025
Boeing’s Starliner losses top $2 billion after spacecraft program reports worst year yet
Boeing spacecraft Starliner is seen from the window of SpaceX’s Dragon capsule “Endeavour” on July 3, 2024, while docked with the International Space Station during the crew flight test. NASA Boeing has lost more than $2 billion and counting on its Starliner spacecraft after a rough year in which the capsule’s first astronaut flight turned […]
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Stocks making the biggest moves midday: Ferrari, Spotify, PayPal, Palantir and more
Check out the companies making headlines in midday trading: Palantir Technologies — The software company surged 22% after reporting stronger-than-expected fourth-quarter results . Palantir attributed this earnings and revenue beat to its artificial intelligence platform gaining traction. The stock was on pace for its best day since Feb. 6, 2024, when it gained 30.8%. AMC […]
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GM cuts 50% of Cruise staff after ending robotaxi business
A robot car of the General Motors subsidiary Cruise is on a test drive. Andrej Sokolow | picture alliance | Getty Images General Motors is laying off roughly half of its employees who remain at its discontinued Cruise robotaxi business. The plans come two months after GM said it would no longer fund Cruise after […]
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We’re making 4 trades, including an exit and an initiation, to reduce our tariff risk
Looking to reduce our exposure to tariffs and China, we’re making changes in the portfolio. We’re exiting our position in Stanley Black & Decker , selling our remaining 510 shares at roughly $86.79 each. We’re buying 50 shares of Home Depot at roughly $409.60. Following the trade, Jim Cramer’s Charitable Trust will own 300 shares […]
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Apple launches app for party invitations in recurring revenue push
Apple CEO Tim Cook gestures as he poses on the red carpet during arrivals for the screening of the mini-series “Disclaimer”, out of competition, at the 81st Venice Film Festival, in Venice, Italy August 29, 2024. Louisa Gouliamaki | Reuters Apple on Tuesday released a new app for creating invitations and sending them to contacts. […]
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Multiple people killed in attack at Swedish school for adults, gunman believed among dead
Members of the emergengy services work at the scene of the Risbergska School in Orebro, Sweden, on Feb. 4, 2025, following reports of a serious violent crime. Jonathan Nackstrand | AFP | Getty Images Around 10 people have been killed in a shooting at an adult education centter, Swedish police said, the deadliest attack to […]
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Alphabet to report Q4 earnings after the bell Tuesday
Sundar Pichai, CEO of Google and Alphabet, attends the inauguration of a new hub in France dedicated to the artificial intelligence sector, at the Google France headquarters in Paris, France, on Feb. 15, 2024. Gonzalo Fuentes | Reuters Google parent company Alphabet is set to report its fourth-quarter results after the bell Tuesday. Here are the […]
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Vaccine stocks fall as Senate panel advances RFK Jr.’s nomination for HHS secretary
FILE PHOTO: Robert F. Kennedy Jr., U.S. President Trump’s nominee to be secretary of Health and Human Services, testifies before a Senate Health, Education, Labor, and Pensions (HELP) Committee confirmation hearing on Capitol Hill in Washington, U.S., January 30, 2025. Nathan Howard | Reuters Shares of vaccine companies fell on Tuesday after a Senate panel […]
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Senate panel advances RFK Jr.’s nomination to be health secretary
Robert F. Kennedy Jr., U.S. President Trump’s nominee to be secretary of Health and Human Services, testifies before a Senate Health, Education, Labor, and Pensions (HELP) Committee confirmation hearing on Capitol Hill in Washington, U.S., January 30, 2025. Nathan Howard | Reuters Robert F. Kennedy Jr. cleared a key hurdle Tuesday after a Senate panel […]
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Spotify shares pop 10% after company reports first profitable year
Spotify’s Co-founder and CEO Daniel Ek attends a live recording panel at Acquired, a technology podcast, at the Chase Center in San Francisco, California, U.S., Sept. 10, 2024. Laure Andrillon | Reuters Spotify shares climbed 10% Tuesday after the music streaming company recorded its first full year of profitability, closing the fiscal year with 1.14 […]
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