Month: April 2025
Barclay’s Trevor Young on consumer pullback in travel
Trevor Young, Barclays analyst, joins ‘Power Lunch’ to discuss what’s behind the slowdown in travel demand. Source
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Meta’s head of AI research announces departure
Meta CEO Mark Zuckerberg holds a smartphone as he makes a keynote speech at the Meta Connect annual event at the company’s headquarters in Menlo Park, California, on Sept. 25, 2024. Manuel Orbegozo | Reuters Meta’s head of artificial intelligence research announced Tuesday that she will be leaving the company. Joelle Pineau, the company’s vice […]
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Trump’s tariff gambit will raise the stakes for an economy already looking fragile
U.S. President Donald Trump speaks alongside entertainer Kid Rock before signing an executive order in the Oval Office of the White House on March 31, 2025 in Washington, DC. Andrew Harnik | Getty Images President Donald Trump is set Wednesday to begin the biggest gamble of his nascent second term, wagering that broad-based tariffs on […]
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Investors hope April 2 could bring some tariff clarity and relief. That may not happen
Wall Street is hoping April 2 will provide the clarity on the U.S. tariff front and a reprieve from the recent market volatility. However, many remain skeptical that any real clarity is coming any time soon. Stocks have been in turmoil this year, as investors struggle to price in the full breadth and depth of […]
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Trump’s upcoming tariffs ‘will be effective immediately,’ White House says
U.S. President Donald Trump delivers remarks in the Oval Office at the White House, in Washington, D.C., U.S., March 21, 2025. Carlos Barria | Reuters President Donald Trump’s forthcoming tariffs will take effect right after they are unveiled on Wednesday, the White House said. “My understanding is that the tariff announcement will come tomorrow. They […]
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Healthy Returns: AstraZeneca cholesterol pill shows promise as race with Merck heats up
Signage at the AstraZeneca facility in Gaithersburg, Maryland, US, on Monday, Aug. 26, 2024. Graeme Sloan | Bloomberg | Getty Images 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. The race to develop more convenient […]
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Chip stocks are poised to fall further, according to the charts
Fear and uncertainty seem to be the driving forces in these markets leaving many investors unsure of how to move forward. As I write this, we’re looking at a hefty amount of incoming information that could cause even more uncertainty with April 2’s tariff announcements, state elections that could be an early referendum on Trump’s approval […]
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Cliff Asness’s AQR multi-strategy hedge fund returns 9% in the first quarter during tough conditions
Cliff Asness. Chris Goodney | Bloomberg | Getty Images AQR Capital Management’s multistrategy hedge fund beat the market with a 9% rally in the first quarter as Wall Street grappled with extreme volatility amid President Donald Trump’s uncertain tariff policy. The Apex strategy from Cliff Asness’ firm, which combines stocks, macro and arbitrage trades and has […]
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Stocks making the biggest moves midday: Tesla, Newsmax, Bloom Energy, On Holding, Roblox and more
Check out the companies making headlines in midday trading. Roblox — Shares popped 4% after the gaming platform announced a partnership with Google to scale immersive advertising through the launch of rewarded video ads, which rewards viewers with in-game benefits. Brands and agencies will be able to buy these advertisement slots through Google’s advertising solutions […]
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DOJ to seek death penalty for Luigi Mangione in CEO murder case
Luigi Mangione, accused killer of US insurance CEO Brian Thompson, sits in Manhattan Supreme Court as he attends a hearing in New York City on Feb. 21, 2025. Steven Hirsch | AFP | Getty Images Attorney General Pam Bondi on Tuesday said she had ordered federal prosecutors to seek the death penalty in the case […]
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