Month: June 2025
Darden Restaurants beats earnings estimates, as Olive Garden parent predicts growth in 2026
Customers enter an Olive Garden restaurant in Pittsburg, California, US, on Friday, Dec. 9, 2022. David Paul Morris | Bloomberg | Getty Images Darden Restaurants on Friday beat Wall Street’s earnings and revenue estimates, while the Olive Garden parent predicted solid growth for fiscal year 2026. Shares of Darden rose more than 2% in premarket […]
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Circle shares extend their rally after Senate passes landmark stablecoin bill
Circle Internet Group Initial Public Offering at the New York Stock Exchange in New York City, U.S., June 5, 2025. NYSE Shares of Circle continued to climb on Friday as investors cheered the Senate approval of its proposed stablecoin legislation, the GENIUS Act. The stock was up 14% in premarket trading as excitement continued to […]
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Stocks making the biggest moves premarket: CarMax, Darden Restaurants, Accenture, GMS
Check out the companies making headlines before the bell: CarMax — Shares jumped 10% after CarMax reported first-quarter results that exceeded. Earnings of $1.38 per share on revenue of $7.55 billion exceeded an LSEG consensus of $1.16 in earnings per share and revenue of $7.52 billion. GMS — The specialty building products stock jumped 26% […]
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Europe and Iran to hold talks as Trump sets two-week deadline for U.S. strikes decision
KANANASKIS, ALBERTA – JUNE 16: U.S. President Donald Trump walks out to talk to reporters at the G7 Leaders’ Summit on June 16, 2025 in Kananaskis, Alberta. Chip Somodevilla | Getty Images News | Getty Images Top U.K., France and Germany diplomats are pushing for eleventh-hour diplomacy with Iran in Geneva on Friday, as Washington […]
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European stocks rebound as focus remains on Middle East; UK retail sales slide
Apollo to supply £4.5 billion loan to UK nuclear project Cranes surround one of the two reactors being constructed at Hinkley Point C on September 27, 2024 in Bridgwater, England. Anna Barclay | Getty Images News | Getty Images U.S. asset management giant Apollo is set to provide a £4.5 billion ($6 billion) loan to plug a shortfall facing […]
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Appeals court lets Trump keep control of National Guard troops deployed to Los Angeles
Members of the California National Guard stand guard outside the Federal Building before a curfew takes effect in Los Angeles on June 10, 2025, following days of protests in response to federal immigration operations that saw clashes spread across downtown. Benjamin Hanson | Afp | Getty Images An appeals court on Thursday allowed President Donald […]
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Starlink rival Eutelsat pops 22% as France backs capital raise
A ground network of satellites at the headquarters of Eutelsat Madeira Unipessoal Lda in Canial, Madeira, Portugal, on Saturday, March 8, 2025. Bloomberg | Bloomberg | Getty Images Eutelsat shares popped on Friday morning, after the European satellite operator announced a 1.35 billion euro ($1.55 billion) capital raise led by the French state and backed by […]
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Is China going through a consumption revival? Its 618 festival is one sign of it
Chinese e-commerce giant Alibaba’s Taobao and Tmall reported strong sales in categories eligible for government subsidies. Serene Lee | Sopa Images | Lightrocket | Getty Images China’s latest shopping festival, which wrapped up Wednesday, pointed to a pickup in consumption, as e-commerce companies reported strong sales of consumer electronics, as well as beauty and pet […]
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Japan is better prepared than the West for China’s rare-earth mineral squeeze
Bulldozer scoop soil containing various rare earth to be loaded on to a ship at a port in Lianyungang, east China’s Jiangsu province on September 5, 2010, for export to Japan. Str | Afp | Getty Images Japan has been quietly blazing a trail for supply chain resilience. Long before China in early April imposed […]
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CNBC Daily Open: Intensifying Israel-Iran conflict puts investors on shaky ground
A general view of the partially collapsed buildings damaged by some of the ballistic missiles launched by Iran on June 18, 2025, in Tel Aviv, Israel. Nir Keidar | Anadolu | Getty Images The conflict between Israel and Iran is intensifying, with both countries not backing down from strikes and their leaders continuing to issue […]
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