Month: July 2025
Stocks making the biggest premarket moves: Tesla, Geo Group, Molina Healthcare, SolarEdge Technologies and more
Check out the companies making the biggest moves in premarket trading: Tesla — The E.V-maker tumbled 6% after CEO Elon Musk said he would form a new political party called “America Party.” Musk has been engaged in a feud with President Donald Trump, who called the new party “ridiculous.” Geo Group , CoreCivic — The […]
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Trump’s tariffs deadline is closing in. Morgan Stanley lists three possible outcomes
Investors are hoping that — after months of uncertainty and market volatility — trade deals between the U.S. and several key trading partners will be announced this week. President Donald Trump said overnight that letters were due to be delivered from 12 p.m. ET Monday to countries, either confirming trade pacts or notifying them of […]
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Tesla shares drop 7% in premarket trading after Elon Musk says he is launching a political party
White House Senior Advisor Elon Musk walks to the White House after landing in Marine One on the South Lawn with U.S. President Donald Trump (not pictured) on March 9, 2025 in Washington, DC. Samuel Corum | Getty Images News | Getty Images Tesla shares fell in premarket trade on Monday after CEO Elon Musk […]
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European markets open mixed amid fresh U.S. tariff threats
Shell lowers second-quarter gas output guidance, warns of weaker trading results Energy major Shell on Monday lowered its production guidance for its integrated gas division across the second quarter and warned of weaker results from its gas and chemicals trading units. In a trading update released ahead of its second-quarter financial results, the firm said […]
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This Chinese jeweler is using traditional techniques to challenge Cartier — and it’s starting in Singapore
Key Points One of the latest stores to enter Singapore’s iconic Marina Bay Sands is Laopu Gold, a Chinese jewelry upstart intent on becoming a global luxury brand. NBA player Victor “Wemby” Wembanyama picked up a Laopu pendant necklace while visiting Beijing last month. In May, Cartier-parent Richemont warned investors about Laopu’s rise. Source
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CNBC Daily Open: Elon Musk, founder of companies and political parties
U.S. President Donald Trump and Elon Musk attend a press event in the Oval Office of the White House in Washington, D.C., U.S., May 30, 2025. Nathan Howard | Reuters When they lose a significant other, most men do indeed become a “TRAIN WRECK.” Then they pick up the pieces of their lives and start living […]
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AI chip startup Groq expands with first European data center
Jonathan Ross, chief executive officer of Groq Inc., during the GenAI Summit in San Francisco, California, US, on Thursday, May 30, 2024. David Paul | Bloomberg | Getty Images Artificial intelligence semiconductor startup Groq announced Monday it has established its first data center in Europe as it steps up its international expansion. Groq, which is […]
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Private credit’s trillion-dollar boom is fueling warnings of a hidden financial contagion
Private credit has swiftly emerged as one of the hottest corners of global finance, and its rapid rise is prompting alarm bells. Once a niche player catering to middle-market borrowers — or companies that fall between small businesses and large corporations, which are typically underserved by traditional banks — private credit has grown into a $1.7 trillion industry . […]
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Trump says Musk has gone ‘off the rails’ after Tesla CEO announces new political party
Tesla CEO Elon Musk and U.S. President Donald Trump at the Oval Office of the White House on May 30, 2025. Kevin Dietsch | Getty Images U.S. President Donald Trump lashed out against Elon Musk after he formed a new political party, calling the move “ridiculous,” and saying the tech billionaire had gone “completely off […]
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