Day: March 20, 2025
Friday’s big stock stories: What’s likely to move the market in the next trading session
Stocks’ attempt at extending the post-Fed rally failed on Thursday, with all three major averages notching modest losses. Here’s what CNBC is watching Friday. Source
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Tesla owners are trading in their EVs at record levels, Edmunds says
A Tesla store in Alhambra, California on March 11, 2025. Frederic J. Brown | AFP | Getty Images As Elon Musk wraps up his second month in the White House, Tesla owners are trading in their electric vehicles at record levels, according to an analysis by national car shopping site Edmunds. The data from Edmunds published […]
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Japan inflation eases to 3.7% in February, down from a two-year high
The owner of rice shop Tadao Koike carries a bag of rice at his shop in Tokyo on February 14, 2025. Yuichi Yamazaki | Afp | Getty Images Japan’s headline inflation rose 3.7% year on year in February, easing from a two-year high of 4% seen in January. Core inflation — which excludes prices of […]
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Trump AG highlights three Tesla arson cases, adding to White House defense of Musk’s company
Burned Teslas are shown at a Tesla Collision Center after an individual used incendiary devices to set several vehicles on fire on March 18, 2025 in Las Vegas, Nevada. Ethan Miller | Getty Images Attorney General Pam Bondi on Thursday touted federal cases against people accused of setting fire to Tesla cars and property, adding […]
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Top Tesla analyst cuts target on falling sales, but keeps buy rating
Morgan Stanley analyst Adam Jonas trimmed his price target on Tesla shares, citing weak auto deliveries. Jonas reduced his target to $410 from $430 per share, which still implies shares climbing 73.5% from Thursday’s close. He remained overweight on the name and kept it a “top pick,” however. The analyst cut his first-quarter delivery estimates […]
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Stock futures are little changed as S&P 500 aims to snap four-week losing streak: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) on March 19, 2025. Angela Weiss | Afp | Getty Images U.S. stock futures traded near the flatline Thursday night after an attempt at extending Wednesday’s Federal Reserve-fueled rally failed. Futures tied to the S&P 500 inched up 0.1%. Dow Jones Industrial Average […]
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Trump signs order to increase critical mineral production in the U.S.
U.S. President Donald Trump speaks during the signing event for an executive order to shut down the Department of Education, in the East Room at the White House in Washington, D.C., U.S., March 20, 2025. Carlos Barria | Reuters President Donald Trump on Thursday signed an executive order to increase domestic production of critical minerals, […]
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Stocks making the biggest moves after hours: Nike, FedEx, Micron Technology and more
Check out the companies making headlines in extended trading. FedEx — Shares slipped more than 4% after the shipping company reported an earnings miss in the fiscal third quarter. FedEx posted adjusted earnings of $4.51 per share, while analysts polled by LSEG had called for $4.54 per share. Meanwhile, quarterly revenues of $22.16 billion came […]
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Micron shares jump on earnings beat, rosy guidance as data center revenue triples
Signage outside the Micron offices in San Jose, California, on Dec. 17, 2024. David Paul Morris | Bloomberg | Getty Images Micron shares popped 6% in extended trading on Thursday after the company reported second-quarter results that beat analysts’ estimates and offered better-than-expected guidance. Here’s how the company did: Earnings per share: $1.56, adjusted vs. […]
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DoubleLine’s Gundlach sees more risk coming along with greater chance of recession
Jeffrey Gundlach speaking at the 2019 SOHN Conference in New York on May 5, 2019. Adam Jeffery | CNBC DoubleLine Capital CEO Jeffrey Gundlach said Thursday there could be another painful period of volatility on the horizon as the fixed income guru sees heighted risk of a recession. “I believe that investors should have already upgraded their […]
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