Month: March 2025
Stocks making the biggest moves premarket: General Mills, Gilead Sciences, Tesla and more
Check out the companies making headlines before the bell. HealthEquity — Shares of the health-focused fintech company plunged 15% following weaker-than-expected fourth quarter earnings. HealthEquity, posted non-GAAP earnings per share of 69 cents on revenue of $311.8 million. Analysts polled by FactSet expected earnings of 72 cents per share on revenue of $305.8 million. General […]
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Meta’s potential exit from Delaware had governor worried enough to call special weekend meetings
Meta CEO, Mark Zuckerberg and Tesla and SpaceX CEO, Elon Musk Manuel Orbegozo | Chip Somodevilla | Reuters After news broke on the last day of January that Meta might follow Elon Musk’s lead in exiting Delaware to incorporate in another state, Democratic Gov. Matt Meyer sprung into action. Delaware has long been the dominant […]
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Roche abandons global diversity targets on concern over U.S. executive orders
Sheldon Cooper | Lightrocket | Getty Images Swiss drugmaker Roche has abandoned global targets for a more diverse workforce to avoid penalties from recent U.S. executive orders, the latest in a slew of companies to do so. Among measures taken, Roche said its Chief Diversity Offices in the U.S. and at its Basel headquarters “will […]
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Germany’s defense stocks fall after lawmakers open door to higher spend; Rheinmetall sheds 6.3%
German defense names fall day after spending package approved by parliament German defense stocks were lower in mid-morning trade, a day after the country’s parliament approved a landmark fiscal package that will allow higher government defense and infrastructure spending. Rheinmetall, one of the top performers on the Stoxx 600 on Tuesday, was down 6.3% at […]
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Turkish lira, stock market drop after Istanbul mayor and Erdogan rival arrested
Istanbul Municipality Mayor Ekrem İmamoğlu speaks at the 19 May Commemoration of Atatürk, Youth and Sports Day celebrations held at the Maltepe Event Area on May 19, 2023 on Istanbul, Turkey. Hakan Akgun | Getty Images The Turkish lira fell to a record low against the dollar and the country’s benchmark stock index dropped by […]
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Turkey detains Erdogan’s main rival in what opposition calls ‘coup’
Istanbul Mayor Ekrem Imamoglu on Feb. 27, 2025 in Ankara, Turkey. Serdar Ozsoy | Getty Images News | Getty Images Turkish authorities detained President Tayyip Erdogan’s main political rival on Wednesday on charges including corruption and aiding a terrorist group in what the main opposition party called “a coup against our next president”. The move […]
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Tencent fourth-quarter profit surges 90% on gaming and advertising boost
Chinese tech company Tencent is a gaming giant and the parent company of WeChat, the ubiquitous social messaging app in China. Cheng Xin | Getty Images News | Getty Images Tencent on Wednesday posted a fourth-quarter beat on top and bottom line driven by a surge in gaming and advertising revenue. Here’s how Tencent did […]
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Santander says 750 jobs at risk as it pursues UK branch closures
Key Points The British unit of Spanish lender Santander on Wednesday said 750 of its staff were at risk of redundancy as it targets 95 branch closures in the U.K. Source
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China markets are set to outperform Wall Street as U.S. ‘exceptionalism’ comes to a pause
The Chinese national flag fluttering with the Lujiazui Financial District in the background. Vcg | Visual China Group | Getty Images A rally in Chinese stocks since the start of the year is prompting investors to predict that mainland shares will outperform their American peers in a sign that attractive valuations are trumping the idea […]
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CNBC Daily Open: Investors grow pessimistic about the market as stocks resume sliding
Traders work on the floor of the New York Stock Exchange on March 17, 2025. NYSE Investors are feeling as gloomy as consumers are. The University of Michigan’s Survey of Consumers, which was released March 14, showed consumer sentiment plunging to its lowest since 2022. Wall Street is in a similarly dour mood, according to […]
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