Month: April 2025
‘Consumers are insecure’: No recovery in sight for struggling cocoa market, Lindt CEO says
BASEL, SWITZERLAND – APRIL 11: Lindt Chocolate Easter bunnies are seen in a store display on April 11, 2025 in Basel, Switzerland. Sedat Suna | Getty Images News | Getty Images Cocoa prices will remain elevated despite some potential declines amid higher input and sustainability costs, confectionary company Lindt & Sprüngli’s CEO Adalbert Lechner told […]
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Stocks making the biggest moves premarket: GE Aerospace, Amazon, 3M and more
Check out the companies making headlines before the bell. GE Aerospace — The stock moved more than 4% higher after GE Aerospace reported adjusted earnings of $1.49 per share, topping the $1.27 per share anticipated by analysts polled by LSEG. Revenue, however, came in just shy of expectations. Hertz Global Holdings — Shares fell almost […]
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Inside the $1 billion berry startup backed by Ray Dalio’s family office
Sales of Fruitist’s jumbo blueberries have tripled over the last 12 months, according to the company. Source: Fruitist Berry unicorn startup Fruitist has surpassed $400 million in annual sales, thanks to the success of its long-lasting jumbo blueberries. The company, which was founded in 2012, announced on Tuesday that it is changing its name from […]
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10-year Treasury yield slips on a lack of progress on global trade negotiations
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 21, 2025. Brendan McDermid | Reuters The yield on the 10-year U.S. Treasury slipped on Tuesday as investor sentiment remained under pressure from stalled developments in global trade. The benchmark 10-year Treasury yield was 1 basis point […]
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Slowdown in tourists coming to the U.S. puts Disney’s theme park magic at risk
A slump in air travel to the U.S. is emerging in the wake of President Donald Trump’s tariffs, and it could hit Walt Disney ‘s important theme park business where it hurts. With international guests accounting for about 20% of Disney’s park attendance in Orlando, Florida, and Anaheim, California, according to Barclays, the latest data […]
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Roche to invest $50 billion in the U.S. as pharma tariff threat lingers
A photo showing the logo of Swiss pharmaceutical giant Roche in Basel. SEBASTIEN BOZON | AFP | Getty Images Swiss pharmaceutical giant Roche on Tuesday said that it would invest $50 billion in the U.S. over the next five years, amid concerns about the impact of possible new White House tariffs on pharma goods from […]
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European markets open lower as global trade concerns mount
European markets returned from the long Easter weekend on a negative note, amid continuing jitters around the U.S. economy and global trade. The pan-European Stoxx 600 index was 0.5% lower by 8:27 a.m. in London, with most sectors and all major bourses in negative territory. Tech stocks led regional losses, with the Stoxx Europe Technology […]
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CNBC Daily Open: Investors grow wary of U.S. assets as Trump intensifies attacks on Powell
U.S. President Donald Trump speaks as he meets with Italian Prime Minister Giorgia Meloni (not pictured) in the Oval Office at the White House in Washington, D.C., U.S., April 17, 2025. Evelyn Hockstein | Reuters Yesterday’s edition of this newsletter cautioned that U.S. President Donald Trump’s desire to intervene in the Federal Reserve, as he […]
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China’s CATL claims to beat BYD’s EV battery record with longer range on a 5-minute charge
A CATL sign stands outside its research and development hub and the Chinese battery maker’s headquarters in Ningde, Fujian province, China November 8, 2024. Kevin Krolicki | Reuters China’s CATL, the world’s largest supplier of EV batteries, announced a set of new incoming products Monday, including a battery it claims has set a “new global […]
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5 European stocks to watch this earnings season as Trump’s tariffs hit
Investors are entering 2025’s first-quarter earnings season with a huge cloud of uncertainty hanging over them — thanks primarily to U.S. President Donald Trump’s tariffs. The scale of duties announced in April, along with the volatility injected by subsequent updates and reversals in policy, have so far exceeded even the most bearish forecasts. Negotiators from […]
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