Finance
Here’s how AI could influence the Fed’s economic outlook
Key Points Members of the Federal Open Market Committee are factoring rising labor productivity in their economic forecasts. In a long-run “unbounded growth” scenario where AI is fully developed, up to 23% of workers may lose employment and labor productivity increases by as much as three to four times, according to a May 2025 research […]
Read More
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 […]
Read More
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. […]
Read More
Stocks making the biggest moves midday: Dominion Energy, Paramount, Rocket Lab, Stanley Black & Decker and more
Check out the companies making the biggest moves in midday trading: Dominion Energy — The energy company’s shares fell nearly 5% after the Trump administration halted five East Coast wind projects, including Dominion Energy’s Coastal Virginia Offshore Wind, the largest project of its kind in the U.S. Maplebear — The Instacart parent’s stock fell more […]
Read More
Stocks making the biggest moves premarket: Honeywell, Strategy, Oracle & more
Check out the companies making the biggest moves before the bell: Honeywell — The industrial giant fell 2% after it said in a regulatory filing that it expects to take a one-time charge in the fourth quarter that would lower GAAP sales by $310 million and operating income by $370 million. The charge is tied […]
Read More
Stocks making the biggest moves midday: Lamb Weston, KB Home, Carnival, Oracle, CoreWeave & more
Check out some of the stocks making the biggest moves in midday trading. Lamb Weston – The producer of fries and frozen potato products saw shares tank 25%. Though Lamb Weston posted beats on the top and bottom lines in the second quarter, the company reaffirmed its full-year revenue guidance of $6.35 billion to $6.55 […]
Read More
Stocks making the biggest moves premarket: Oracle, CoreWeave, Nike, Coinbase & more
Check out the companies making headlines before the bell. Oracle — Shares were up more than 5% in the premarket after TikTok agreed to sell its U.S. operations to a new joint venture that includes the software giant and private equity investor Silver Lake. Coinbase — The crypto exchange rose nearly 3%. On Thursday, the […]
Read More
Friday could be a wild day of trading on Wall Street. Here’s why
Key Points More than $7.1 trillion in notional options exposure is set to expire this Friday, according to Goldman. December options expirations are typically the biggest of the year, but this one eclipses all prior records. Source
Read More
Stocks making the biggest moves midday: Rocket Lab, Trump Media, Lululemon, Micron Technology & more
Check out the some of the stocks making the biggest moves in midday trading. Rocket Lab — The aerospace company saw shares jump nearly 8% following the launch of its STP-S30 mission for U.S. Space Force’s Space Systems Command. Rocket Lab said the launch was completed five months ahead of schedule. Peer companies rose in […]
Read More
Stocks making the biggest moves premarket: Micron Technology, Trump Media, Lululemon & more
Check out the companies making the biggest moves before the bell: Micron Technology — Shares jumped more than 11% after the chipmaker issued a rosy revenue forecast and posted fiscal first-quarter results that exceeded Wall Street expectations . Micron said it expected about $18.70 billion in revenue in the current quarter — significantly higher than […]
Read More