Year: 2025
Delta to link its loyalty program to Uber, ending partnership with Lyft
Travelers wait for an Uber ride-share vehicle at Los Angeles International Airport in Los Angeles on Feb. 8, 2023. Mario Tama | Getty Images Delta Air Lines will link its lucrative SkyMiles loyalty program to Uber this spring, the companies announced Tuesday, as the airline ends its eight-year partnership with smaller ride-hailing rival Lyft. Once […]
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CNBC Daily Open: Inflation returns to the picture
A tip jar at a cafe in the Brooklyn borough of New York, U.S., on Friday, Aug. 23, 2024. Yuki Iwamura | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where […]
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Stock futures inch higher after tech-driven sell-off: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) on the first day of trading of the new year on January 02, 2025 in New York City. Spencer Platt | Getty Images U.S. stock futures ticked higher on Tuesday night. The action comes after a sharp decline in Big Tech stocks and […]
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Asia-Pacific open lower after higher Treasury yields drag down Wall Street
The Seoul skyline at sunset. Ed Jones | Afp | Getty Images Asia-Pacific markets opened lower Wednesday, tracking losses on Wall Street after Treasury yields rose and major U.S. tech stocks declined. Japan’s Nikkei 225 opened 0.57% lower, while the Topix lost 0.45%. South Korea’s Kospi rose 0.28% while the Kosdaq Index was flat. Shares […]
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Indian stocks will benefit from the Trump 2.0 era, portfolio manager says
Investors eyeing up firms with the potential to become the “blue chip companies of the future” should look to India, according to GIB Asset Management’s Kunal Desai. The portfolio manager said India’s geopolitical positioning is “favorable in this Trump 2.0 era” as investors assess the country’s ability to take advantage of a possible trade war […]
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Goldman loves this European stock riding the data center wave
Goldman Sachs is bullish on one of Italy’s cable manufacturing giants: Prysmian . The company is set to benefit from strong secular demand trends and superior earnings visibility, the investment bank said in a Jan. 2 research note. Prysmian makes underground and submarine cables and systems for power transmission and distribution. Prysmian is among the […]
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These 4 ETFs have outperformed the S&P 500 over the past five years
Four ETFs in Europe and North America have beaten the S & P 500 over the past five years, according to a screen by CNBC Pro. The U.S. benchmark rose by 23.3% in 2024 and 24.2% the previous year, making it particularly challenging for funds to outperform. It’s only the third time the S & […]
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Stocks making the biggest moves after hours: Cal-Maine Foods, AAR Corp, Getty Images and more
Check out the companies making headlines in after-hours trading. Cal-Maine Foods – Shares gained 4% after the egg production company posted its latest quarterly results . For its second quarter of fiscal 2025, Cal-Maine Foods earned $4.47 per share on revenue of $954.7 million, with the latter figure marking an 82% increase compared to the […]
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Meta employees criticize Zuckerberg decisions to end fact-checking, add Dana White to board
This photo illustration created Jan. 7, 2025, shows an image of Mark Zuckerberg, CEO of Meta, and an image of the Meta logo. Drew Angerer | Afp | Getty Images Meta employees took to their internal forum Tuesday, criticizing the company’s decision to end third-party fact-checking on its services two weeks before President-elect Donald Trump’s […]
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10-year Treasury yield jumps after economic data points to sticky inflation
U.S. Treasury yields rose on Tuesday after economic data suggested services inflation is proving hard to tame. The 10-year Treasury yield climbed more than seven basis points to 4.693%, and earlier hit an intraday high of 4.699%, reaching its highest level since April 26. The 2-year Treasury yield gained more than two basis points to […]
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