Year: 2025
Trump says tariffs on Canada and Mexico ‘will go forward’
President Donald Trump said Monday that sweeping U.S. tariffs on imports from Canada and Mexico “will go forward” when a month-long delay on their implementation expires next week. “The tariffs are going forward on time, on schedule,” Trump said when asked at a White House press conference if the postponed tariffs on the two U.S. […]
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Palantir drops 10% for worst day since May as investors continue dumping onetime market favorite
The logo of U.S. software company Palantir Technologies is seen in Davos, Switzerland, on Jan. 22, 2020. Arnd Wiegmann | Reuters Palantir shares tumbled on Monday, building on last week’s declines as the hot trade continued to show signs of sputtering. The technology and defense stock dropped about 10.5% on Monday, marking its fourth straight […]
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Momentum stocks such as Palantir and Goldman are cracking. What the charts say will happen next
The momentum factor describes a quantitative investing style that favors stocks that are outperforming with strong price momentum. The iShares MSCI USA Momentum Factor ETF (MTUM) offers a tradable vehicle that uses the momentum factor. It has been a source of significant underperformance over the past few trading sessions, with high-flying names undergoing significant retracements, […]
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Jamie Dimon calls U.S. government ‘inefficient’ and says Elon Musk’s DOGE effort ‘needs to be done’
JPMorgan Chase CEO Jamie Dimon on Monday said the U.S. government is inefficient and in need of work as the Trump administration terminates thousands of federal employees and works to dismantle agencies including the Consumer Financial Protection Bureau. Dimon was asked by CNBC’s Leslie Picker whether he supported efforts by Elon Musk’s Department of Government […]
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Watch: Trump and French President Emmanuel Macron hold press conference
[The stream is slated to start at 2 p.m. ET. Please refresh the page if you do not see a player above at that time.] President Donald Trump and French President Emmanuel Macron are set to hold a joint press conference at the White House on Monday, as western Europe navigates the United States’ shifting […]
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How AI is speeding the mining of valuable metals needed to power the clean economy
As the clean energy economy expands, finding the minerals and metals that power it becomes increasingly critical. The answer might lie with artificial intelligence. Electric cars, solar panels and hydrogen fuel cells all have one thing in common: the need for precious metals. Historically, that’s required going through the arduous process of finding the metals […]
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Analysts raise Berkshire Hathaway targets after ‘stellar’ Geico turnaround and mild wildfire effects
Berkshire Hathaway ‘s strong quarterly earnings report, aided by a recovery in insurance underwriting, prompted a slew of Wall Street analysts to raise their price targets on the conglomerate’s stock. Shares of Warren Buffett’s juggernaut got a boost of nearly 5% Monday following the firm’s earnings report Saturday. Berkshire’s operating profit, or earnings from the company’s […]
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Anthropic says it’s released its ‘most intelligent’ AI model yet as competition ramps up
Jaque Silva | Nurphoto | Getty Images As heavily funded startups and tech giants hustle to get any lead they can in artificial intelligence, Anthropic says it’s developed the company’s “most intelligent” AI model yet. The Amazon-backed startup on Monday unveiled Claude 3.7 Sonnet. What makes it unique is its so-called hybrid model, which combines […]
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Crypto exchange Bybit says it fully replenished reserves after record $1.5 billion hack
Jakub Porzycki | Nurphoto | Getty Images Bybit said it replenished its reserves following a $1.5 billion hack last week, the largest in the history of the crypto industry. In less than 72 hours, Bybit pieced together hundreds of thousands of ether tokens through a mix of emergency loans and large deposits. While the rapid […]
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Stocks making the biggest moves midday: Berkshire Hathaway, Robinhood, Nike, Palantir and more
Check out the companies making headlines in midday trading: Berkshire Hathaway — Class A shares of Warren Buffett’s conglomerate jumped nearly 4% following a strong earnings report . The conglomerate said its operating profit skyrocketed 71% to $14.5 billion in the fourth quarter, led by a 302% jump in insurance underwriting. Auto insurer Geico had […]
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