Month: October 2025
Chipotle stock craters as Wall Street grows ‘concerned’ after company cuts forecast
A Chipotle logo is displayed on a sign at a shop on June 1, 2025 in Washington, DC. Kevin Carter | Getty Images Shares of Chipotle Mexican Grill tumbled as much as 19% in morning trading on Thursday after the company cut its full-year same-store sales forecast for the third straight quarter. Including Thursday’s move, […]
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European Central Bank holds rates steady as economy shows resilience
The European Central Bank has kept interest rates on hold, as expected, at its latest meeting on Thursday. The central bank held its key deposit facility rate at 2% for the third consecutive time, having last cut rates in June. The trim, which coincided with euro zone inflation hitting the ECB’s target rate of 2%, was […]
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Shutdown cost government contractors $12 billion so far, Chamber of Commerce report says
The U.S. Capitol building, weeks into the continuing U.S. government shutdown, in Washington on Oct. 27, 2025. Kylie Cooper | Reuters Businesses that contract with the federal government lost $12 billion in the first four weeks of the government shutdown, according to a report from the U.S. Chamber of Commerce released Thursday. The report, which […]
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Meta stock drops 10% as heightened AI spending overshadows strong third-quarter results
Meta’s CEO Mark Zuckerberg attends the Senate Judiciary Committee hearing on online child sexual exploitation at the U.S. Capitol, in Washington, U.S., January 31, 2024. Nathan Howard | Reuters Meta Platforms‘ stock dropped more than 10% Thursday as skepticism about the payoff from its aggressive artificial intelligence spending plans overshadowed strong results. The social media […]
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Alphabet stock jumps 4% after posting strong results, boosting AI spend
Alphabet stock jumped 4% Thursday after the company reported third-quarter financial results that beat across the board and increased its capital expenditures for the year. The Google parent company bumped its spending expectations on artificial intelligence infrastructure to $91-$93 billion from $85 billion the prior quarter, noting continued strong cloud demand. CEO Sundar Pichai said the […]
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Gold, defense and more: Five sectors to watch after pivotal Trump-Xi meeting
The meeting between U.S. President Donald Trump and Chinese Premier Xi Jinping in Busan, South Korea on Thursday yielded a raft of fresh agreements , including on rare earth minerals, fentanyl and soybeans. Investors are now keeping tabs on what the meeting — rated a “12” out of 10 by Trump — could mean for […]
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Jeep maker Stellantis stock falls 6% after issuing warning on one-off costs
A new Jeep Wrangler 4-Door Sahara 4×4 vehicle displayed for sale at a Stellantis NV dealership in Miami, Florida, US, on Saturday, April 5, 2025. Eva Marie Uzcategui | Bloomberg | Getty Images Stellantis on Thursday issued a warning on one-off costs through the second half of the year as the embattled automaker seeks to […]
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Russia on guard after Trump’s call to resume nuclear weapons testing
U.S. President Donald Trump speaks with Russian President Vladimir Putin, as they meet to negotiate for an end to the war in Ukraine, at Joint Base Elmendorf-Richardson in Anchorage, Alaska, U.S., August 15, 2025. Kevin Lamarque | Reuters President Donald Trump’s call for the U.S. to resume nuclear testing after a more than 30-year pause […]
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The biggest takeaways from the Trump-Xi meeting — what the truce covers and what is still unclear
President Donald Trump and President Xi Jinping reached a trade truce during a high-stakes meeting in South Korea on Thursday, de-escalating a dispute over rare earth elements that had threatened to push the world’s two largest economies into a full-blown trade war. China has agreed to pause for one year the sweeping export controls on […]
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Stocks making the biggest moves premarket: Alphabet, Microsoft, Meta Platforms, Eli Lilly, Merck & more
Check out the companies making headlines before the bell: Alphabet — The search giant jumped more than 7% after strong results that were boosted by revenue from Google Cloud and YouTube advertising. Alphabet earned $3.10 per share, on an adjusted basis, more than the $2.33 per share expected by analysts polled by LSEG. Revenue of […]
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