Day: April 21, 2025
Stocks making the biggest moves after hours: BOK Financial, Medpace, Zions Bancorporation, MongoDB and more
Check out the companies making headlines in extended trading. BOK Financial — The Oklahoma bank’s shares slid 3% after earnings per share for the first quarter missed Wall Street expectations. BOK earned $1.86 per share, while the consensus estimate of analysts polled by FactSet came in at $1.99 a share. The firm also posted a […]
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The bottom is likely not in — and a retest of the lows is coming, chart analysts say
The stock market has yet to find a bottom in the midst of tariff chaos and challenges to the Federal Reserve’s independence, leaving it susceptible to retesting its recent lows, according to chart analysts. Wall Street is off to another dismal start this trading week. The Dow Jones Industrial Average at one point on Monday […]
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Tesla shares tumble ahead of first-quarter earnings report
SpaceX CEO Elon Musk attends a cabinet meeting held by U.S. President Donald Trump at the White House on March 24, 2025. Win McNamee | Getty Images Tesla shares fell almost 6% on Monday, a day ahead of the electric vehicle company’s first-quarter earnings report, as analysts fret over “ongoing brand erosion.” The stock closed […]
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Google says DOJ’s proposal for breakup would harm U.S. in ‘global race with China’
CEO of Alphabet and Google Sundar Pichai meets Polish Prime Minister at the Chancellery in Warsaw, Poland on March 29, 2022. Mateusz Wlodarczyk | Nurphoto | Getty Images As Google heads back to the courtroom Monday, the company is arguing that the U.S. needs the company in its full form to take on chief adversary […]
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What the Discover merger approval means for Capital One and 2 other financials
Capital One secured approvals from banking regulators Friday for its $35 billion acquisition of Discover Financial — a deal that analysts believe could have far-reaching benefits beyond just the Club holding. The news Wells Fargo research analysts said the greenlights from the Federal Reserve and the Office of the Comptroller of the Currency highlight a […]
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Trump to host Walmart CEO, Target and Home Depot execs for WH tariff meeting
President Donald Trump listens to reporters’ questions as he meets with Italian Prime Minister Giorgia Meloni in the Oval Office at the White House on April 17, 2025 in Washington, DC. Win Mcnamee | Getty Images President Donald Trump will meet Monday afternoon with Walmart CEO Doug McMillon, a White House official told CNBC, as […]
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Amazon has paused some data center lease commitments, Wells Fargo says
Amazon CEO Andy Jassy speaks at a company event in New York on Feb. 26, 2025. Amazon has rebooted Alexa with artificial intelligence, marking the biggest overhaul of the voice-activated assistant since its introduction over a decade ago. Michael Nagle/Bloomberg via Getty Images Michael Nagle | Bloomberg | Getty Images Amazon has delayed some commitments […]
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FTC sues Uber, says company charged for Uber One without consent
Travelers walk past a sign pointing toward the Uber rideshare vehicle pickup area at Los Angeles International Airport (LAX) on February 8, 2023 in Los Angeles, California. Mario Tama | Getty Images The Federal Trade Commission on Monday sued Uber, accusing the ride-hailing and delivery company of deceptive billing and cancellation practices tied to its […]
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The U.S. will ‘absolutely’ have a recession in 2025 if high tariffs stay, Apollo’s Slok says
Torsten Slok, chief economist at Apollo Global Management, is certain the U.S. will fall into a recession this year if tariffs stay where they are. “It’s all conditioned on tariffs staying in place at these levels, and if they stay at these levels, we will absolutely have a recession in 2025,” Slok told CNBC’s ” […]
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Stocks making the biggest moves midday: Hertz, Nvidia, Amazon, Apple and more
Check out the companies making headlines in midday trading: Hertz — The rental car company dropped 6.4% after the stock rallied 112% after Bill Ackman revealed a big investment . Pershing Square has taken a 19.8% stake in Hertz with outright share ownership and total return swaps. Ackman believes Hertz is “uniquely well-positioned” in President […]
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