Month: July 2025
Capital One shares climb as investors buy into the vision of its future with Discover
Capital One shares rose on Tuesday evening despite the company reporting an extremely noisy second-quarter result due to the Discover integration. Still, we like where the company is headed with this game-changing acquisition. Revenue in the three months ended June 30 increased 31% year over year to $12.5 billion, missing the consensus estimate of $12.7 […]
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Bitcoin could pull back with equities in the coming weeks, warns Piper Sandler
Bitcoin has notched new records this year as more investors embrace its digital gold narrative – but Piper Sandler warns the crypto is still vulnerable to stock market moves and could stumble in the coming weeks should worries about tariffs or rates hit risk assets. “We recommend taking profits on stocks that have benefitted most […]
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S&P 500 futures are little changed after index notches back-to-back closing records: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell on July 18, 2025, in New York City. Angela Weiss | AFP | Getty Images Stock futures are near flat Tuesday night as investors questioned whether the S&P 500 could continue trading around all-time highs with big tech earnings […]
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Texas Instruments’ stock falls on weak forecast
The Texas Instruments headquarters in Dallas, Texas, on Jan. 21, 2024. N. Johnson | Bloomberg | Getty Images Texas Instruments reported second-quarter results on Tuesday that beat analysts’ expectations for revenue and earnings. But the stock fell in extended trading due to a third-quarter forecast that missed estimates. Here’s how the chipmaker did versus LSEG […]
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White House releases U.S.-Indonesia trade deal framework, final talks underway
The U.S. and Indonesia agreed to the framework of a trade agreement which would see Jakarta scrap most of its tariffs on American imports, the White House revealed in a joint statement Tuesday afternoon. U.S. tariffs on Indonesian imports would be set at 19% under the deal, which is described in the release as an […]
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New Jersey man pleads guilty to leading $600 million catalytic converter theft ring
Seized catalytic converters are shown in a 2022 photo provided by the Department of Homeland Security. Courtesy: Department of Homeland Security A New Jersey man pleaded guilty in Oklahoma federal court to leading a massive theft ring that stole catalytic converters from vehicles and sold them for more than $600 million in total to a […]
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Alphabet, Amazon are buys ahead of earnings results, portfolio manager says
Alphabet and Amazon are buying opportunities ahead of their earnings results, while other plays on artificial intelligence such as Quanta Services are set to get a strong boost, according to Keith Gangl, senior portfolio manager at Gradient Investments. Gangl joined “Power Lunch” on Tuesday to offer his thoughts on the “Magnificent Seven” companies ahead of […]
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Stocks making the biggest moves after hours: Texas Instruments, Enphase Energy, Cal-Maine Foods and more
Check out the companies making headlines in after-hours trading: Texas Instruments — The maker of analog and embedded processing chips tumbled more than 9% after second-quarter sales and earnings topped Wall Street estimates, while the low end of third-quarter guidance fell short. The stock had soared 46% over the past three months before the results. […]
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Trump met with Amazon’s Jeff Bezos at the White House last week
Jeff Bezos, founder and executive chairman of Amazon, takes the stage during The New York Times’ annual DealBook Summit, at Jazz at Lincoln Center in New York City on Dec. 4, 2024. Michael M. Santiago | Getty Images President Donald Trump met with Amazon founder Jeff Bezos at the White House last week, CNBC has […]
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AI startups raised $104 billion in first half of year, but exits tell a different story
In this photo illustration, Claude AI logo is seen on a smartphone and Anthropic logo on a pc screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images OpenAI and Anthropic continue to lead a fundraising bonanza in artificial intelligence, raising historic rounds and stratospheric valuations. But when […]
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