Month: March 2025
Stocks making the biggest moves midday: General Motors, Petco, GameStop, Alibaba, Cava and more
Check out the companies making headlines in midday trading: Auto stocks — Major automobile manufacturers slipped following President Donald Trump’s plans to impose a 25% tariff on “all cars that are not made in the United States,” effective April 2. Shares of General Motors , Ford Motor and Stellantis respectively fell 6%, 2% and 1%. […]
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Buying Nvidia right now is a ‘particularly attractive opportunity,’ Bank of America says
There is an end in sight to Nvidia’ s recent rough patch, and that means now could be a plum buying opportunity for shares of the artificial intelligence darling, according to Bank of America. “[W]e believe the stock is providing a particularly attractive opportunity for one of the most unique, high-quality tech franchises leading the […]
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Peyton Manning’s Omaha Productions sells 10% stake to new Patrick Whitesell-led platform at a valuation of more than $750 million, sources say
Peyton Manning on Sunday, February 16, 2025. Theo Wargo | NBCUniversal | Getty Images Peyton Manning has a new business partner. A new platform run by Patrick Whitesell, the former executive chairman of Endeavor, has acquired a minority stake in Manning’s Omaha Productions. The stake, which is approximately 10% of the company, values Omaha Productions […]
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Novo Nordisk says copycat compounders are hurting Wegovy sales, may take legal action
Flags with the logos of Danish drugmaker Novo Nordisk, maker of the blockbuster diabetes and weight-loss treatments Ozempic and Wegovy are pictures while the company presents the annual report at Novo Nordisk in Bagsvaerd, Denmark, on February 5, 2025. Mads Claus Rasmussen | Afp | Getty Images Copenhagen, DENMARK — Obesity drug giant Novo Nordisk […]
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Ubisoft spins out new unit for Assassin’s Creed and other games, Tencent to take $1.25 billion stake
On Jan. 9, Ubisoft said it was postponing the launch of “Assassin’s Creed Shadows” and had appointed advisors to review strategic options. Ina Fassbender | AFP via Getty Images Ubisoft on Thursday announced that it’s creating a new gaming subsidiary with Chinese technology giant Tencent investing 1.16 billion euros ($1.25 billion) into the unit. The […]
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Zelenskiy says Russia hit Ukraine’s power infrastructure, US should react
Ukraine’s President Volodymyr Zelenskyy reacts as he delivers a press conference at the headquarters of French national public television broadcaster “France Televisions” in Paris, on March 27, 2025. Julien De Rosa | Afp | Getty Images President Volodymyr Zelenskiy said on Thursday Russian artillery had damaged Ukraine’s energy infrastructure in the front-line city of Kherson, […]
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Why GM stock is getting hit the hardest by Trump auto tariffs
The GM logo is seen on a water tank of the General Motors assembly plant in Ramos Arizpe, in Coahuila state, Mexico, on Feb. 11, 2021. Daniel Becerril | Reuters As auto stocks reacted to the latest tariff announcement out of Washington, D.C., on Thursday, General Motors took the brunt of the hit. Shares of […]
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Wall Street analysts say Elon Musk is the clear auto tariff winner: ‘Tesla wins, Detroit bleeds’
Several analysts on Wall Street see a clear winner emerging from President Donald Trump ‘s new auto tariff policy: Tesla . Trump announced on Wednesday that all cars not made in the U.S. would be slapped with a 25% tariff beginning next week. The news sent shares of major American car producers in diverging directions […]
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How a Dungeons & Dragons livestream became a multiplatform media company
The cast of “Critical Role” playing Dungeons & Dragons. Critical Role A decade ago, a group of professional voice actors gathered around a table to live-stream a game of Dungeons & Dragons. Now, they run a media empire. Critical Role, both the name of the original show and the company, has expanded exponentially since its […]
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Ferrari says it will raise prices by 10% on some models to offset auto tariffs
The Ferrari logo is seen outside the Ferrari headquarters in Maranello, Italy. Ciancaphoto Studio | Getty Images Sport | Getty Images Ferrari said Thursday it will raise prices by 10% on certain models after April 1 in response to new U.S. auto tariffs, adding up to $50,000 to the price of a typical Ferrari. The […]
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