Year: 2025
Citadel to return $5 billion in profit to investors, source says
Key Points The firm’s flagship-multistrategy fund, known as Wellington, gained 9.3% in the year through last week, the person said, who asked not to be named discussing performance details. The profit being returned is not all that was generated in 2025, the person said, but rather, a way of constraining capital amid what the fund […]
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ServiceNow acquiring cybersecurity startup Armis for nearly $8 billion
Signage outside the ServiceNow headquarters in Santa Clara, California, US, on Thursday, Sept. 4, 2025. David Paul Morris | Bloomberg | Getty Images ServiceNow will acquire cybersecurity startup Armis in a cash deal valued at $7.75 billion, the company said Tuesday. The enterprise software company said the deal will bolster its cybersecurity capabilities in the […]
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U.S. economy grows by 4.3% in third quarter, much more than expected, delayed report shows
The U.S. economy grew at a much greater-than-expected pace in the third quarter, boosted by strong consumer spending, a delayed report released Tuesday showed. U.S. GDP, a sum of all goods and services produced in the sprawling U.S. economy, expanded by 4.3% in the July-September period, the Commerce Department said in its initial reading of […]
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Epstein files: Latest batch from DOJ includes court records, flight logs and heavily redacted documents
The Department of Justice on Tuesday released another batch of files related to deceased sex offender Jeffrey Epstein. The latest documents appear to contain court records, emails, and some heavily or completely redacted files. In a Tuesday morning post to X, the DOJ announced the latest drop and claimed to have released “nearly 30,000 more […]
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Novo Nordisk’s new obesity pill, Alphabet’s data center deal, the end of EV euphoria and more in Morning Squawk
The logo of pharmaceutical company Novo Nordisk is displayed in front of its offices in Bagsvaerd, on the outskirts of Copenhagen, Denmark, Nov. 24, 2025. Tom Little | Reuters This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading […]
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Stocks making the biggest moves premarket: Novo Nordisk, Huntington Ingalls Industries, Zim Integrated Shipping Services & more
Check out the companies making headlines before the bell. ZIM Integrated Shipping Services — The shipping services firm jumped 10% after its executives said a board is evaluating multiple competitive acquisition proposals. Novo Nordisk — The drugmaker jumped 7% in the premarket after the company’s GLP-1 pill received approval from the Food and Drug Administration. […]
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Holiday retail spending rose 4.2% this season, driven by e-commerce and electronics: Visa report
Shoppers at the Glendale Galleria in Glendale, Calif., on Dec. 20, 2025, the final weekend of Christmas gift buying. Myung J. Chun | Los Angeles Times | Getty Images U.S. consumers showed resilience this holiday season, driving retail spending up 4.2% year over year, according to preliminary data released Tuesday by Visa. The report from […]
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What a Russia-Ukraine peace deal could mean for Europe’s gas supplies
Europe is pressing ahead with plans to ban Russian gas imports by the end of 2027, effectively capping Moscow’s energy future in the region and leaving a bevy of stranded assets in its wake. The dual Nord Stream 1 and 2 subsea pipelines were early casualties of Russia’s invasion of Ukraine, with the infrastructure being […]
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