Year: 2025
Stocks making the biggest moves midday: Coinbase, Airbnb, WeRide, GameStop and more
Check out the companies making headlines in midday trading. Warner Music Group — The entertainment stock popped 3% following an upgrade at Citi to buy from neutral. Citi analyst Jason Bazinet said that Warner Music’s multiple is “far below” those of its peers. Roku – Shares popped nearly 14% after the streaming company reported fourth-quarter […]
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Tech stocks return to December ‘scene of the crime’, raising concern of another pullback, BTIG warns
Tech stocks could be in trouble as they approach levels not seen in nearly two months, according to BTIG chief market technician Jonathan Krinsky. The Invesco QQQ Trust, which tracks the Nasdaq-100 , on Thursday returned to its highest level since Dec. 18, the final day of the Federal Reserve’s December policy meeting. That day, […]
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Trump border czar warns Eric Adams not to violate ‘agreement’ as DOJ orders case dismissal
President Donald Trump’s border czar Thomas Homan, left, and New York Mayor Adams, right, and others, meeting in New York, Thursday, Feb. 13, 2025. Ed Reed | Office of the Mayor of New York via AP President Donald Trump’s border czar implicitly warned New York Mayor Eric Adams during a joint televised interview Friday to […]
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Airbnb pops 14%, heads for record rally on earnings beat
Brian Chesky, co-founder and chief executive officer of Airbnb Inc., during a news conference in Los Angeles, California, US, on Wednesday, May 1, 2024. Eric Thayer | Bloomberg | Getty Images Airbnb shares surged 14% and headed for their best day ever after the company reported stronger-than-expected fourth-quarter earnings. The stock debuted on the Nasdaq […]
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DOJ will need ‘fool,’ ‘coward’ to toss Eric Adams case, says seventh prosecutor to resign over order
Danielle Sassoon, assistant US Attorney for the Southern District of New York, left, arrives at court in New York, US, on Thursday, March 28, 2024. Yuki Iwamura | Bloomberg | Getty Images A seventh federal prosecutor resigned Friday over the Department of Justice’s controversial order to dismiss criminal corruption charges against New York Mayor Eric […]
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Ben & Jerry’s says parent Unilever mandating silence on Trump
Pints of Ben & Jerry’s ice cream are seen on a shelf at Ideal Fresh Market of Church Ave in the Flatbush neighborhood of Brooklyn in New York City on March 19, 2024. Michael M. Santiago | Getty Images News | Getty Images Ben & Jerry’s accused its parent Unilever of demanding its silence toward […]
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Roku shares surge as company halves quarterly losses, adds 4 million streaming households
Shares of Roku surged more than 10% Friday, at one point reaching a new 52-week high, on earnings that beat Wall Street expectations. In an interview on CNBC’s “Squawk Box,” CEO Anthony Wood said more than half of U.S. broadband households now watch TV with Roku. Wood said the company added more than 4 million […]
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Retail sales slumped 0.9% in January, down much more than expected
Consumers sharply curtailed their spending in January, indicating a potential weakening in economic growth ahead, according to a Commerce Department report Friday. Retail sales slipped 0.9% for the month from an upwardly revised 0.7% gain in December, even worse than the Dow Jones estimate for a 0.2% decline. The sales totals are adjusted for seasonality […]
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Warren Buffett’s Berkshire Hathaway sells some DaVita, shares fall on disappointing guidance
Key Points DaVita saw shares tumbling Friday after issuing a weak outlook amid rising care costs, while big investor Berkshire Hathaway offloaded some shares in a preplanned agreement. The disappointing guidance underlined increasing patient care costs due to center closure costs and health benefit expenses. Source
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A failed Ukraine would also weaken the U.S., EU warns
MUNICH, GERMANY – FEBRUARY 14: European Commission President Ursula von der Leyen speaks during the 61st Munich Security Conference on February 14, 2025 in Munich, Germany. International defence and security leaders from around the world are gathering for the February 14-16 conference. (Photo by Sean Gallup/Getty Images) Sean Gallup | Getty Images News | Getty […]
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