Year: 2025
Top federal prosecutor, DOJ official quit after refusing order to toss Eric Adams case
Danielle Sassoon, assistant US Attorney for the Southern District of New York, exits court in New York, US, on Thursday, Oct. 5, 2023. Stephanie Keith | Bloomberg | Getty Images A top federal prosecutor in New York and a senior Department of Justice official resigned Thursday after refusing a DOJ order to dismiss the pending […]
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Arm shares rise on report that Meta will buy its first chip
Outside view of the newly completed Meta’s Facebook data center in Eagle Mountain, Utah on July 18, 2024. George Frey | Afp | Getty Images Arm shares rose 5% after a Thursday report that it was developing its own chip and that it had secured Meta as one of its first customers. The Financial Times […]
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CVS shares are up 45% this year — here’s why it may be starting to turn its business around
The CVS pharmacy logo is displayed on a sign above a CVS Health Corp. store in Las Vegas, Nevada, on Feb. 7, 2024. Patrick T. Fallon | AFP | Getty Images After a dismal 2024, CVS Health could be starting to turn itself around. Some investors seem convinced, especially after the retail drugstore chain on […]
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GE Healthcare soars 9% on earnings beat, wise guidance. Here’s our new price target
Things continue to look up for GE Healthcare stock this year. Shares of the medical technology company jumped roughly 9% on Thursday after delivering solid fourth-quarter results and providing prudent 2025 guidance. While the Club stock left much to be desired in 2024, these numbers boosted shares that were already bouncing off their most recent […]
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Stocks making the biggest moves midday: Hanesbrands, Reddit, Nvidia, Applovin and more
Check out the companies making headlines in midday trading. Robinhood – Shares of the digital trading platform jumped 11% following its stronger-than-expected fourth-quarter revenue. Robinhood reported revenue of $1.01 billion in the period, topping the consensus estimate of $944.6 million from analysts surveyed by LSEG. Hanesbrands – The apparel stock fell around 18% after fourth-quarter […]
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As Trump eyes more tariffs, South Korea remains safe haven for GM and Hyundai
President Donald Trump welcomes South Korea’s President Moon Jae-In at the White House in Washington, U.S., May 22, 2018. Carlos Barria | Reuters DETROIT — As President Donald Trump threatens to further increase tariffs on U.S. trading partners, the greatest impact for the auto industry outside of North America would be additional levies on South […]
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Senate votes to confirm Robert F. Kennedy Jr. as health secretary
The GOP-controlled Senate voted Thursday to confirm Robert F. Kennedy Jr., a longtime anti-vaccine activist, to lead the country’s most powerful health care agency. Kennedy was confirmed as health and human services secretary on a mostly party-line vote of 52-48. Sen. Mitch McConnell, R-Ky., broke ranks on yet another of President Donald Trump’s Cabinet nominees, […]
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Bezos’ Blue Origin to layoff about 10% across its space, launch business
A Blue Origin New Glenn rocket stands ready for its inaugural launch at the Cape Canaveral Space Force Station in Cape Canaveral, Florida, U.S., January 10, 2025. Joe Skipper | Reuters The CEO of Jeff Bezos’ Blue Origin announced in an all-hands call on Thursday company-wide layoffs of “about 10 percent” of its employees, a sweeping […]
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CNBC’s Inside India newsletter: How Modi’s trip to the U.S. and France could help India grow its nuclear ambitions
French President Emmanuel Macron (Centre L) and Indian Prime Minister Narendra Modi (Centre R) attend a visit at the ITER (International Thermonuclear Experimental Reactor) in Saint-Paul-les-Durance, near Marseille southern France, on February 12, 2025. (Photo by Laurent Cipriani / POOL / AFP) (Photo by LAURENT CIPRIANI/POOL/AFP via Getty Images) Laurent Cipriani | Afp | Getty […]
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AppLovin skyrockets 33% after earnings beat, strong guidance as analysts raise price target
Piotr Swat | Lightrocket | Getty Images Shares of Applovin ripped more than 30% higher Thursday after the company reported a fourth-quarter earnings beat, causing many analysts to lift their price targets. The ad tech company said on its earnings call it was divesting its apps business, as the company aims to move into other […]
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