Year: 2025
Tricolor CEO received a $6.25 million bonus weeks before company’s bankruptcy, prosecutors say
Key Points Tricolor CEO Daniel Chu directed a deputy to send him $6.25 million in bonuses in August, weeks before the company filed for bankruptcy, U.S. prosecutors alleged. Chu is accused of engaging in “systemic fraud” over roughly seven years through 2025, according to an indictment unsealed on Wednesday. Prosecutors say Chu used some of […]
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The chart that has Michael Burry worried about the stock market
Michael Burry is warning that a shift in household wealth could leave the stock market vulnerable to a long and significant downturn. “The Big Short” investor pointed to a graphic produced by Wells Fargo showing that U.S. households now hold a larger share of their net worth in equities than in real estate — a […]
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This biotech name is evolving into a major obesity play. How to trade it with options
Amgen is entering a pivotal period the as it moves beyond its Enbrel franchise and repositions around obesity, rare disease and next-generation oncology. While Enbrel has entered a period of decline due to Medicare pricing reform, management has demonstrated credible execution in replacing that cash flow with a higher-quality pipeline. Early success from the Imdelltra […]
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Trump vowed to block tankers carrying Venezuela’s oil — nearly a dozen are at sea right now
A U.S. military helicopter flies near an oil tanker during a raid described by U.S. Attorney General Pam Bondi as its seizure by the United States off the coast of Venezuela, Dec. 10, 2025, in a still image from video. U.S. Attorney General | Via Reuters At least 34 U.S.-sanctioned oil tankers with a history […]
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Medical supply firm Medline set to debut after biggest IPO of 2025
U.S. medical supplies giant Medline is set to debut on the Nasdaq on Wednesday after the biggest initial public offering of the year. The private equity-owned company priced at $29 per share on Tuesday, raising $6.26 billion in an upsized offering that finishes off a strong year for new listings and bolsters optimism about the […]
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Stocks making the biggest moves midday: Oracle, Jabil, Paramount, Texas Pacific & more
Check out the companies making the biggest moves in midday trading: Texas Pacific Land — Shares of the large Texas landowner jumped 8% after it struck a deal with Bolt Data & Energy to develop large-scale data center campuses on properties owned by Texas Pacific Land. Jabil — The electronics firm fell about 2%, however, […]
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Oracle stock dips 4% on report Blue Owl Capital won’t back $10 billion data center
The Oracle logo exhibited during the Mobile World Congress in Barcelona, Spain, Feb. 28, 2019. Joan Cros | NurPhoto | Getty Images Oracle stocks dipped about 4% on Wednesday following a report that discussions with Blue Owl Capital on backing a $10 billion data center in Michigan had stalled, although the cloud company later disputed […]
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Four House Republicans force vote on ACA subsidies, bucking GOP leadership
Four moderate House Republicans rebelled against House Speaker Mike Johnson on Wednesday to force a vote on extending key ACA subsidies set to expire at the end of the year. Johnson earlier Wednesday urged his fellow Republicans not to join Democrats in a last-ditch effort to extend key Affordable Care Act tax credits that are due to expire at the end […]
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Three holds and a cut? Europe’s central banks are about to make their final calls of 2025
A projected illumination marking the 75th anniversary of the Schuman Declaration, on the Grossmarkthalle building at the European Central Bank headquarters in Frankfurt, Germany, on May 9, 2025. Alex Kraus/Bloomberg via Getty Images Investors are gearing up for the last interest-rate decisions of 2025, with four of Europe’s central banks announcing their monetary policies and […]
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Unemployment rate rises, Tesla’s 2025 turnaround, Siri’s AI upgrade and more in Morning Squawk
Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York on Dec. 16, 2025. Charly Triballeau | Afp | Getty Images 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 […]
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