Month: May 2025
Stock futures are flat after a big sell-off on deficit concerns: Live updates
A trader works on the floor of the New York Stock Exchange on Aug. 4, 2022. Source: NYSE Stock futures were flat in overnight trading Wednesday following a sizable sell-off on Wall Street as worries about a ballooning deficit deepened. Futures on the Dow Jones Industrial Average dipped 44 points. S&P 500 futures and Nasdaq […]
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Nike to resume selling directly on Amazon for first time since 2019
Nike shoes are seen in the King of Prussia Mall, as global markets brace for a hit to trade and growth caused by U.S. President Donald Trump’s decision to impose import tariffs on dozens of countries, in King of Prussia, Pennsylvania, U.S., April 3, 2025. Rachel Wisniewski | Reuters Nike will resume selling its products […]
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Hinge Health prices IPO at $32, the top end of expected range
Hinge Health’s TrueMotion feature. Courtesy: Hinge Health Hinge Health priced its IPO at $32 per share on Wednesday, at the top end of the expected range. The digital physical therapy startup sold 8.52 million shares in the offering, raising about $273 million. The total offering was for 13.7 million shares, with the balance being sold […]
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Bitcoin falls after hitting new record high of $109,500: CNBC Crypto World
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email On today’s episode of CNBC Crypto World, Bitcoin sets a new record price. Plus, the SEC files charges against the crypto firm Unicoin and its top executives for alleged fraud. And, Eric Chen, co-founder of Injective, reacts to bitcoin’s new record and […]
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Trump urged to make Musk, DOGE workers certify they won’t use government data for personal benefit
Elon Musk listens as reporters ask U.S. President Donald Trump and South Africa President Cyril Ramaphosa questions during a press availability in the Oval Office at the White House on May 21, 2025 in Washington, DC. Chip Somodevilla | Getty Images Sen. Jeanne Shaheen urged President Donald Trump on Wednesday to require billionaire Elon Musk […]
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Why OpenAI’s deal with iPhone designer Jony Ive should be a wake up call for Apple
Apple CEO Tim Cook (L) and Apple chief design officer Jony Ive (R) look at the new Mac Pro during the 2019 Apple Worldwide Developer Conference (WWDC) at the San Jose Convention Center on June 03, 2019 in San Jose, California. Justin Sullivan | Getty Images Before Jony Ive left Apple in 2019, no major […]
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Cigna announces new deal for copay caps on Eli Lilly and Novo Nordisk weight loss drugs
Wegovy injection pens arranged in Waterbury, Vermont, US, on Monday, April 28, 2025. Shelby Knowles | Bloomberg | Getty Images Only half of health insurer Cigna‘s clients currently cover the popular GLP-1 weight loss drugs Wegovy and Zepbound because of their high costs. But the company’s pharmacy benefits unit Evernorth has reached a deal with […]
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Stocks making the biggest moves after hours: Lumen Technologies, Snowflake, Zoom Communications and more
Check out the companies making headlines after the bell : Zoom Communications — The video conferencing company saw shares rising about 1% in extended trading after the firm shared its annual revenue forecast. The company now sees fiscal 2026 revenue between $4.80 billion and $4.81 billion, compared to analyst expectation of $4.79 billion, according to […]
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Nike will raise prices on a wide range of products as soon as this week
Nike shoes are seen in the King of Prussia Mall, as global markets brace for a hit to trade and growth caused by U.S. President Donald Trump’s decision to impose import tariffs on dozens of countries, in King of Prussia, Pennsylvania, U.S., April 3, 2025. Rachel Wisniewski | Reuters Nike will raise prices on a […]
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CoreWeave shares soar 19% after $2 billion debt offering
Michael Intrator, Founder & CEO of CoreWeave, Inc., Nvidia-backed cloud services provider, gestures during the company’s IPO at the Nasdaq Market, in New York City, U.S., March 28, 2025. Brendan Mcdermid | Reuters CoreWeave shares popped 19% after announcing a $2 billion debt offering. The renter of artificial intelligence data centers powered by Nvidia chips […]
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