Month: June 2025
CrowdStrike drops 4% on lackluster guidance, ongoing impact from July IT outage
George Kurtz, chief executive officer of Crowdstrike Inc., listens during an interview in San Francisco, California, U.S., on Wednesday, Sept. 25, 2019. Michael Short | Bloomberg | Getty Images Shares of CrowdStrike slumped more than 4% Wednesday morning after the cybersecurity company issued lackluster revenue guidance for the current quarter. The security software maker said […]
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Nissan’s CEO on leading in chaos: Be fast and be flexible
If you’ve just taken the top job, Nissan’s new CEO Ivan Espinosa has some advice for you. Espinosa steps into the role at a turbulent time for the global auto industry — with slowing EV sales, intensifying competition from China, and new tariffs threatening profits. “Keep the optimism up, because the environment is very tough, […]
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Nationwide coordinated retail crime crackdown results in hundreds of arrests, authorities say
A nationwide coordinated crackdown on retail crime — what authorities are calling the first of its kind — led to hundreds of arrests in 28 states last week. The blitz, led by Illinois’ Cook County regional organized crime task force, involved more than 100 jurisdictions and over 30 retailers including Home Depot, Macy’s, Target, Ulta […]
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Trump says ‘Too Late’ Powell must lower interest rates after weak ADP jobs report
U.S. Federal Reserve Chair Jerome Powell departs after holding a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, D.C., U.S., May 7, 2025. Kevin Lamarque | Reuters President Donald Trump on Wednesday angrily urged Federal Reserve Chairman Jerome Powell to cut interest rates, minutes after […]
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Venmo adds debit card perks, checkout options in push to catch rival Cash App
Venmo, long known for helping friends split dinner bills and birthday gifts, is jumping into the heart of consumer commerce. The PayPal-owned platform on Wednesday rolled out several updates designed to move beyond peer-to-peer transfers, transforming Venmo into a more robust fintech tool for everyday spending. The changes include upgraded rewards for Venmo Debit Mastercard […]
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Stocks making the biggest moves premarket: Dollar Tree, CrowdStrike, Wells Fargo, Constellation Energy and more
Check out the companies making headlines in premarket trading. Dollar Tree — The budget retailer slid about 4% after saying earnings per share could decline by as much as 50% in the current quarter, partly due to cost pressures from tariffs. Analysts polled by FactSet expected per-share earnings to fall just 2%. Thor Industries — […]
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Private equity bosses turn bullish on Europe
U.K., abstract of glass and steel built office towers in the London financial district. Shomos Uddin | Moment | Getty Images BERLIN – At the world’s largest gathering of private equity professionals, the buzz around opportunity in Europe is undeniable, in a sharp reversal of sentiment from this time last year. That shift comes amid […]
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Investor appetite for the safe haven Swiss franc is causing problems for its central bank
The Swiss National Bank (SNB) in Bern, Switzerland, on Thursday, Dec. 12, 2024. Stefan Wermuth | Bloomberg | Getty Images U.S. President Donald Trump’s trade policies have rocked global equities in recent weeks, driving investors to seek out pockets of safety in financial markets. One of the beneficiaries of the market volatility has been the […]
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The euro zone is ready for a new member: Bulgaria
A worker counts Bulgarian Lev banknotes at a store in Sofia, Bulgaria, on Friday, March 29, 2024. Oliver Bunic/Bloomberg via Getty Images Bulgaria on Wednesday secured the green light to join the euro zone, meaning the bloc could soon grow from 20 to 21 members. The European Commission and European Central Bank both assessed that […]
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Government collapse plunges Netherlands in turmoil ahead of key NATO summit
TOPSHOT – Dutch radical right party PVV leader Geert Wilders (C) addresses the media as he arrives for the weekly coalition talks in the Lower House in The Hague, on June 3, 2025. (Photo by Robin van Lonkhuijsen / ANP / AFP) / Netherlands OUT (Photo by ROBIN VAN LONKHUIJSEN/ANP/AFP via Getty Images) Robin Van […]
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