Year: 2025
Stocks making the biggest moves midday: Getty Images, Tesla, Moderna, Shutterstock and more
Check out the companies making headlines in midday trading. Nvidia — Shares of the artificial intelligent darling slid 5%, reversing course after rising to an all-time high earlier in the session. Nvidia announced new gaming chips for computers that use its Blackwell technology at a conference in Las Vegas. Tuesday’s slide comes after a strong […]
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Bitcoin drops below $98,000 as Treasury yields pressure risk assets
Nicolas Economou | Nurphoto | Getty Images Bitcoin slumped on Tuesday as a spike in Treasury yields weighed on risk assets broadly. The price of the flagship cryptocurrency was last lower by 4.8% at $97,183.80, according to Coin Metrics. The broader market of cryptocurrencies, as measured by the CoinDesk 20 index, dropped more than 5%. […]
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Frontier plans new flights from JFK to big American Airlines hubs Miami, Los Angeles and Dallas
Frontier Airlines Nurphoto | Nurphoto | Getty Images Discount carrier Frontier Airlines is beefing up service in New York, planning new routes to major American Airlines hubs with fares starting under $20. The airline plans to launch service between New York’s John F. Kennedy International Airport and Miami International Airport on March 30. A roundtrip […]
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Puma challenges Tiger Woods’ Sun Day Red logo
Puma logo (L) and Sun Day Red Tiger logo (R) Source: U.S. Patent and Trademark Office Sun Day Red is not out of the woods yet in regard to trademarking its logo. Footwear giant Puma filed a last-minute notice of opposition against Tiger Woods’ logos tied to his Sun Day Red brand, according to a […]
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Panera Brands CEO steps down, CFO to fill in as interim chief
A Panera Bread restaurant in Miami Beach, Florida, Nov. 8, 2017. Joe Raedle | Getty Images Panera Bread’s parent company announced Tuesday that CEO Jose Dueñas is stepping down, effective immediately. The change in leadership is the latest challenge to the company’s plans to go public eventually, following several years of hurdles. Panera Brands CFO […]
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Trump announces $20 billion foreign investment to build new U.S. data centers
U.S. President-elect Donald Trump makes remarks at Mar-a-Lago in Palm Beach, Florida, U.S. Jan. 7, 2025. Carlos Barria | Reuters President-elect Donald Trump on Tuesday announced a $20 billion foreign investment to build new data centers across the United States. Emirati billionaire Hussain Sajwani, a Trump associate and founder of the property development company DAMAC […]
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Jeans brand True Religion acquired by PE firm, American Eagle-linked investment firm
True Religion Brand Jeans shop entrance: The company sell what they refer to as ‘premium denim’ which is handmade in America. Roberto Machado Noa | Lightrocket | Getty Images Jeans brand True Religion has been acquired by private equity firm Acon Investments and American Eagle-linked firm SB360 Capital Partners – a retail investment fund chaired […]
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J&J says its lung cancer drug combination keeps people alive longer
Niels Wenstedt | Getty Images Johnson & Johnson on Tuesday said its lung cancer regimen keeps people alive for at least a year longer than AstraZeneca‘s Tagrisso, the go-to drug for a certain type of lung cancer. J&J in a statement said its drugs – Rybrevant and Lazcluze – showed a statistically significant and clinically […]
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Hims & Hers donates $1 million to Trump’s inauguration fund
Hims & Hers Health has donated $1 million to President-elect Donald Trump’s inauguration fund, CNBC confirmed Tuesday. The company, which offers a range of direct-to-consumer treatments for conditions like weight loss, erectile dysfunction and hair loss, is the latest in a string of tech companies that have tried to curry favor with the incoming administration. […]
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Cracks appear in UK housing market as home prices fall for first time in 9 months
Housing surveyors have reported the largest fall in new buyer inquiries in October since the financial crisis, excluding the period during the Covid-19 lockdowns. Isabel Infantes | Afp | Getty Images LONDON — U.K. house prices fell for the first time in nine months in December, as the country’s Budget and higher mortgage rates dampened […]
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