Month: March 2025
Here’s how much Capital One would be worth post-Discover deal, according to one Wall Street firm
How much would Capital One’s stock be worth if it completes its blockbuster merger of Discover Financial Services ? The answer, according to one Wall Street firm, is a whole lot more. The news In a Tuesday note, BTIG analysts said they believe shares of Capital One would be worth $427 apiece if the Discover […]
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Tracking this gauge allows you to trade the stock market roller coaster
Traders’ most widely cited measure of fear is currently pointing to cause for confidence, according to Wall Street veteran Nick Colas. The Cboe Volatility Index , an options-based measure of expected market gyrations, has drifted below its long-term average after previously spiking, which Colas said in his overnight market note Monday is often an attractive […]
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Healthy Returns: Novo Nordisk scoops up Chinese obesity drug to compete with Eli Lilly
A view of the logo of Novo Nordisk at the company’s office in Bagsvaerd, on the outskirts of Copenhagen, Denmark, March 8, 2024. Tom Little | Reuters A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. […]
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Trump-backed crypto bank joins stablecoin wars with new dollar-pegged token
The World Liberty Financial website arranged on a smartphone in New York, US, on Wednesday, Feb. 12, 2025. Gabby Jones | Bloomberg | Getty Images World Liberty Financial, the decentralized finance venture backed by President Donald Trump and his family, has launched a stablecoin, joining an increasingly crowded market. The company said Tuesday that the […]
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Stocks making the biggest moves midday: Mobileye, Trump Media, CrowdStrike and more
Check out the companies making headlines in midday trading. KB Home — Shares of the homebuilder fell more than 4% after the company posted a top- and bottom-line miss in the first quarter. KB Home earned $1.49 per share on revenue of $1.39 billion. Analysts polled by LSEG were looking for earnings of $1.58 per […]
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Consumer confidence in where the economy is headed hits 12-year low
Shoppers walk near a Nordstrom store at the Westfield UTC shopping center on Jan. 31, 2025 in San Diego, California. Kevin Carter | Getty Images Consumer confidence dimmed further in March as the view of future conditions fell to the lowest level in more than a decade, the Conference Board reported Tuesday. The board’s monthly […]
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Waymo will launch Washington, D.C., robotaxi service in 2026
Waymo self-driving cars with roof-mounted sensor arrays traveling near palm trees and modern buildings along the Embarcadero, San Francisco, California, February 21, 2025. Smith Collection/gado | Archive Photos | Getty Images Waymo’s officially on its way to the nation’s capital. The Alphabet-owned autonomous driving robotaxi service will be available in Washington, D.C., in 2026, the […]
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US says Ukraine, Russia agree to ensure safe navigation in Black Sea
This photo taken on March 24, 2025 shows the hotel where U.S. and Russian delegations begin a new round of talks in Riyadh, Saudi Arabia. U.S. and Russian delegations began a new round of talks in Saudi Arabia on Monday, eyeing a Ukraine settlement and Black Sea ceasefire deal before securing a broader agreement. Xinhua […]
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Trump defends national security chief Waltz after Signal texts about Houthi strike sent to reporter
US President Donald Trump speaks to the press as he meets with NATO Secretary General Mark Rutte in the Oval Office of the White House in Washington, DC, on March 13, 2025 as, seated from L to R, Vice Presient JD Vance, Defense Secretary Pete Hegseth and National Security Advisor Mike Waltz. Mandel Ngan | […]
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Chinese EV giant BYD outpaces Tesla with annual sales of more than $100 billion
EV cars are pictured inside BYD’s first electric vehicle (EV) factory in Southeast Asia, a fast-growing regional EV market where it has become the dominant player, in Rayong, Thailand, July 4, 2024. Chalinee Thirasupa | Reuters Chinese automaker BYD reported annual revenue of 777 billion yuan ($107 billion) for 2024, leapfrogging U.S. rival Tesla as […]
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