Month: March 2025
A market hedge traders use if volatility spikes and the sell-off gets worse
The Cboe Volatility Index (known as the “VIX”) measures the market’s expectation of volatility over the next 30 days as implied by a weighted strip of S & P 500 Index options. When investors are nervous, options premiums, and therefore the VIX tends to spike, reflecting heightened uncertainty. A very high reading often signals panic […]
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House censures Rep. Al Green for heckling Trump during speech to Congress
Rep. Al Green (D-TX) shouts out as U.S. President Donald Trump addresses a joint session of Congress at the U.S. Capitol on March 04, 2025 in Washington, DC. Win Mcnamee | Via Reuters The House of Representatives voted Thursday to censure Texas Democratic Rep. Al Green for heckling President Donald Trump during the president’s speech […]
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More trifold smartphones are popping up after Huawei’s $3,600 splash
BARCELONA — China’s Huawei isn’t the only smartphone maker adding a third display to its devices. At the Mobile World Congress (MWC) trade show in Barcelona, a number of firms were showing off their display technology innovations. The South Korean tech giant Samsung revealed its new “trifold” concept devices at the event: the Flex G […]
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Family offices rattled by market swings and tariffs
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your inbox. While family offices pride themselves on investing for the long term, this week’s tariff volatility and confusion around government […]
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MongoDB plummets 20% as weak outlook overshadows strong quarterly results
Dev Ittycheria, CEO of MongoDB Adam Jeffery | CNBC MongoDB shares cratered more than 20% after the database software maker shared weak guidance that signaled a slowdown in growth. For the fiscal 2026 year, the company said it expects adjusted earnings to range between $2.44 to $2.62 per share and revenue of $2.24 billion to […]
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European Central Bank cuts rates again, says policy is becoming ‘meaningfully less restrictive’
The European Central Bank on Thursday cut interest rates by 25 basis points and updated the language in its decision to say monetary policy was becoming “meaningfully less restrictive.” The cut brings the ECB’s deposit facility rate, its key rate, to 2.5% — a move that markets had widely priced in before the announcement. “Monetary […]
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Lufthansa hopeful Trump administration will spur Boeing deliveries as delays hit bottom line
German airline group Lufthansa is hopeful that the new U.S. administration will support Boeing in overcoming issues that have led to industry-wide delivery delays, CEO Carsten Spohr said Thursday. The company expects 2025 will be the year when it starts to recieve aircraft for which it has been “waiting for so long now,” Spohr told […]
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Rare Michael Jordan, Kobe Bryant rookie jerseys expected to sell for $20 million at auction
Michael Jordan of the Chicago Bulls (L) eyes the basket as he is guarded by Kobe Bryant of the Los Angeles Lakers. Vince Bucci | AFP | Getty Images Rare pieces of memorabilia from two of the National Basketball Association’s biggest icons are hitting the auction block and are expected to sell for a combined […]
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Stocks making the biggest moves premarket: Marvell Technology, MongoDB, Macy’s, Alibaba and more
Check out the companies making headlines before the bell. MongoDB – The database software maker tumbled 18% after issuing weak guidance for fiscal 2026. MongoDB anticipates adjusted earnings per share of $2.44 to $2.62, below the $3.34 per share expected from analysts polled by LSEG. It guided for revenue of $2.24 billion to $2.28 billion, […]
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Macy’s turnaround starts to take shape, but ailing stores weigh on quarterly results
Macy’s delivered another quarter of mixed results on Thursday as investors wait and see how quickly CEO Tony Spring can pull off a turnaround of the business with yet another activist investor looking to take the chain private. Across the business, which includes the Macy’s banner, Bloomingdale’s and Blue Mercury, comparable sales during the all-important […]
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