Month: May 2025
Netflix stock is trading at all-time high levels in unprecedented win streak
Netflix is on a winning streak. The streaming giant’s stock has traded for 11 straight days without a decline, the company’s longest positive run ever. Stock Chart IconStock chart icon Netflix stock since April 17. Its previous record was a nine-day stretch in late 2018 and early 2019 when the stock traded up for four […]
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Block plunges 20% as Cash App miss triggers downgrades
Block shares were on track for their second-worst day Friday, plunging more than 20% as investors digested a brutal quarterly report and a wave of analyst downgrades centered on one issue: Cash App. The first-quarter earnings miss rattled Wall Street, prompting multiple firms — including Wells Fargo, Seaport, BMO, and Benchmark — to downgrade the […]
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Trump calls on Fed once again to lower rates after solid April jobs report
Jerome Powell, chairman of the US Federal Reserve, during an Economic Club of Chicago event in Chicago, Illinois, US, on Wednesday, April 16, 2025. Jamie Kelter Davis | Bloomberg | Getty Images President Donald Trump on Friday issued his latest call for the U.S. Federal Reserve to lower interest rates, following a better-than-expected jobs report […]
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Apple clears Spotify update under new rules allowing purchases within apps
Daniel Ek, co-founder and chief executive officer of Spotify Technology SA, during the Acquired LIVE event at the Chase Center in San Francisco, California, US, on Tuesday, Sept. 10, 2024. David Paul Morris | Bloomberg | Getty Images Spotify on Friday said Apple has approved the company’s U.S. app update, which will allow users to […]
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American Airlines to debut new suites with sliding doors after delays
American Airlines seat for its new Flagship Suite seats TKTK American Airlines‘ new suites with sliding doors are set to start flying on some of its planes in June, a key part of its strategy to compete against more profitable rivals for high-spending customers. American first unveiled the new design in September 2022 and expected […]
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London’s FTSE 100 is on track for record-breaking gains — and market watchers think it may have further to run
A member of staff next to a trading board at the London Stock Exchange on April 25, 2025. Carl Court | Getty Images While global markets have been gripped by turbulence in the wake of U.S. President Donald Trump’s seesawing tariffs policies, British stocks have enjoyed a bumper rally. London’s FTSE 100 index, which has […]
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Trump vows to revoke Harvard’s tax-exempt status: ‘It’s what they deserve!’
President Donald Trump on Friday said his administration will revoke Harvard University’s tax-exempt status, escalating his previous threats against the Ivy League school and potentially expanding an ongoing legal battle. “It’s what they deserve!” Trump wrote in a terse Truth Social post announcing the decision. The post is the latest escalation in Trump’s campaign against […]
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Stocks making the biggest moves premarket: Apple, Block, Atlassian, Reddit, Airbnb and more
Check out the companies making headlines in premarket trading. Block — The financial technology stock plunged nearly 22% following weak first-quarter revenue. Block said it brought in $5.77 billion, while analysts surveyed by LSEG had projected $6.20 billion. Atlassian – Shares sank 12% after the software company issued weak guidance. Atlassian expects fourth-quarter revenue to range […]
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Two JPMorgan ETFs that are providing a destination for risk-adverse investors
ETF Edge Two JPMorgan ETFs that are providing a destination for risk-adverse investors Published Fri, May 2 20257:45 AM EDT Krysta Escobar WATCH LIVE Source
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Berkshire investors hope for Buffett’s guidance at annual meeting with tariffs shaking markets, economy
In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett and Greg Abel during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024. CNBC Warren Buffett has been mum about tariffs and the recent market turmoil, but will finally speak his mind when the 94-year-old investment legend kicks off Berkshire […]
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