Day: May 27, 2025
Stock futures are little changed as investors brace for Nvidia earnings: Live updates
Traders work on the floor of the New York Stock Exchange on May 21, 2025 in New York City. Spencer Platt | Getty Images U.S. stock futures were little changed Tuesday night, as investors awaited earnings results from Nvidia, after the Dow Jones Industrial Average snapped a four-day losing streak. Dow futures rose by 45 […]
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Trump to pardon reality TV stars Todd and Julie Chrisley, convicted of fraud and tax evasion
Reality TV Personalities Julie Chrisley (L) and Todd Chrisley (R) visit Hallmark’s “Home & Family” at Universal Studios Hollywood on June 18, 2018 in Universal City, California. Paul Archuleta | Getty Images President Donald Trump said Tuesday that he will pardon reality television stars Todd and Julie Chrisley, who were convicted of tax evasion and […]
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Circle IPO has peculiar Facebook-like characteristic
Jeremy Allaire, co-founder and CEO of Circle, speaks at the 2025 TIME100 Summit in New York on April 23, 2025. Jemal Countess | TIME | Getty Images Stablecoin issuer Circle stands to be one of the first significant cryptocurrency companies to go public in the U.S. That’s not the only unusual aspect of its IPO. […]
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China auto market price war stokes fears of industry shake-out
FILE PHOTO: A visitor stands next to a BYD Sealion 7 EV car at the 41st Thailand International Motor Expo, in Bangkok, Thailand, November 29, 2024. Athit Perawongmetha | Reuters An intensifying auto industry price war in China has stoked fears of a long-anticipated shake-out in the world’s largest car market. Shares of China’s largest automakers sank Monday after Chinese electric-vehicle giant BYD offered fresh discounts across more than a […]
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‘Absurd!’ Judge blasts Trump executive order targeting top law firm
U.S. President Donald Trump gestures at the annual National Memorial Day Observance in the Memorial Amphitheater, at Arlington National Cemetery in Arlington, Virginia, U.S., May 26, 2025. Ken Cedeno | Reuters A federal judge on Tuesday angrily tore into President Donald Trump’s executive order targeting the top law firm WilmerHale as he struck down the […]
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Okta shares plunge 11% as company maintains guidance, citing macroeconomic uncertainties
Todd McKinnon, CEO and co-founder of Okta, speaks during the BoxWorks 2019 Conference in San Francisco, California, on Oct. 3, 2019. Michael Short | Bloomberg | Getty Images Okta reported better-than-expected earnings and revenue on Tuesday but maintained its guidance as the identity management software vendor grapples with an uncertain economic backdrop. The stock plunged […]
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All eyes on China restrictions as Nvidia gets set to report results
Jensen Huang, co-founder and CEO of Nvidia Corp., speaks during a news conference in Taipei on May 21, 2025. I-hwa Cheng | Afp | Getty Images Nvidia continues to see massive growth from sales of graphics processors, with demand for artificial intelligence infrastructure showing no signs of cooling. But for the AI chipmaker, the mood […]
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A market options hedge as other risks lurking out there despite Tuesday’s rally
Bond yields provide critical insights into economic expectations, inflation, and currency valuation. Higher bond yields, especially on government bonds, can signal expectations of stronger economic growth. Lower yields suggest economic slowdown or recession fears, as investors flock to safe assets, driving bond prices up and yields down. Higher economic growth is good, but higher inflation […]
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23andMe to delist from Nasdaq, deregister with SEC
A sign is posted in front of the 23andMe headquarters in Sunnyvale, California, on Feb. 1, 2024. Justin Sullivan | Getty Images 23andMe on Tuesday announced it will voluntarily delist from the Nasdaq and de-register with the U.S. Securities and Exchange Commission, according to a release. The move comes after Regeneron Pharmaceuticals said earlier this […]
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Stocks making the biggest moves midday: Trump Media, Salesforce, Tesla, AMC Entertainment and more
Check out the companies making headlines in midday trading. Chinese autos — Chinese auto stocks retreated after BYD said it would lower prices on 22 electric and plug-in hybrid models until the end of June, igniting fears of a fresh price war in the Chinese market. U.S.-traded shares of Li Auto and Nio respectively slipped […]
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