Year: 2025
Gold futures trade off highs as White House to issue clarification on bullion tariffs
Gold futures climbed to a record high on Friday after a report that the United States had imposed tariffs on imports of 1-kg gold bars, while spot gold stayed on track for a second straight weekly gain on tariff turmoil and U.S. interest rate-cut hopes. Srinophan69 | Moment | Getty Images Gold prices fell from […]
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Tesla Robotaxi scores permit to run ride-hailing service in Texas
In an aerial view, the Tesla headquarters is seen in Austin, Texas, on July 24, 2025. Brandon Bell | Getty Images Tesla has been granted a permit to run a ride-hailing business in Texas, allowing the electric vehicle maker to compete against companies including Uber and Lyft. Tesla Robotaxi LLC is licensed to operate a […]
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EV sales soar as Trump axes $7,500 tax credit: ‘People are rushing out’ to buy, analyst says
Key Points President Donald Trump’s so-called “big beautiful bill” ends a $7,500 EV tax credit after Sept. 30. Consumers are acting quickly to claim the tax credit before it disappears, according to analysts and sales data. Source
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Bed Bath & Beyond relaunches with first store in Nashville, plans dozens more
Signage is displayed outside a permanently closed Bed Bath & Beyond retail store in Hawthorne, California, on May 1, 2023. Patrick T. Fallon | AFP | Getty Images Bed Bath & Beyond is back — kind of. The bankrupt home goods chain is being resurrected by the owners and licensees of its intellectual property, which […]
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Stocks making the biggest moves midday: Gilead Sciences, Monster Beverage, Trade Desk, MP Materials, Sweetgreen and more
Check out the companies making headlines in midday trading: Trade Desk — Shares cratered 37% after a slew of Wall Street firms including Bank of America and MoffettNathanson downgraded the stock . While Trade Desk’s earnings were surprisingly strong, CEO Jeff Green warned revenue growth could slow in the third quarter. During the earnings call, […]
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Trade Desk tanks almost 40% on CFO departure, tariff concerns and competition from Amazon
Jeff Green, CEO of The Trade Desk. Scott Mlyn | CNBC Shares of The Trade Desk plummeted almost 40% on Friday and headed for their worst day on record after the ad-tech company announced the departure of its CFO and analysts expressed concerns about rising competition from Amazon. The Trade Desk, which went public in […]
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Expedia stock soars on recent quarter
CNBC’s Contessa Brewer breaks down the latest earnings from Expedia. Source
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Tech is getting a boost from AI ad tools. Some companies are being left behind
Mark Zuckerberg, CEO of Meta Platforms Inc., arrives for the Meta Connect event in Menlo Park, California, on Sept. 25, 2024. David Paul Morris | Bloomberg | Getty Images Artificial intelligence has been a shot in the arm for digital advertising. Meta and Alphabet both reported sales and earnings that beat Wall Street’s expectations, but […]
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How dealmaking king Goldman Sachs aims to dominate another corner of Wall Street
Goldman Sachs has long been considered the king of Wall Street dealmaking. Now, the bank is increasing its focus on another target: managing money for wealthy clients and institutions. Investment banking services, like underwriting initial public offerings (IPO) and advising mergers and acquisitions (M & A), have long been Goldman’s bread and butter. In fact, […]
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Intel CEO responds to ‘misinformation’ and Trump threat in letter to employees
Lip-Bu Tan, CEO of Intel, appears at an event organized by the company. Andrej Sokolow | Picture Alliance | Getty Images Intel CEO Lip-Bu Tan addressed “misinformation” about his previous roles after President Donald Trump called for his resignation and raised ethical concerns. ” I want to be absolutely clear: Over 40+ years in the industry, […]
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