Finance
Stocks making the biggest moves premarket: Intel, Nvidia, Life360, Capital One & more
Check out the companies making headlines before the bell. Intel — Shares fell 13% after Intel reported mixed results for the fourth quarter, in addition to issuing softer guidance than expected for the current three-month period. The company posted 15 cents per share on an adjusted basis, topping analysts’ consensus estimate of 8 center per share, […]
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Wall Street braced for a private credit meltdown. The risk of one is rising
Key Points Private credit has surged in popularity since post-financial crisis regulations discouraged banks from serving riskier borrowers. JPMorgan Chase CEO Jamie Dimon warned after a pair of private credit-backed companies declared bankruptcy that problems in credit are rarely isolated. Companies that are most linked to the asset class, such as Blue Owl Capital, as […]
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Stocks making the biggest moves after hours: Intel, Clorox, Capital One and more
Check out the companies making headlines in after-hours trading. Intel — Shares of the chipmaker slid more than 6% in extended trading. Intel gave soft revenue and earnings per share guidance for the current quarter. Intel said it expects first-quarter revenue between $11.7 billion and $12.7 billion, and breakeven adjusted earnings per share. Analysts polled […]
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Capital One is buying startup Brex for $5.15 billion in credit card firm’s latest deal
In this article COF Follow your favorite stocksCREATE FREE ACCOUNT Brex co-founders Pedro Franceschi and Henrique Dubugras. Brex Capital One said Thursday that it was acquiring startup Brex for $5.15 billion, the latest splashy deal undertaken by CEO Richard Fairbank. The firm, which disclosed the deal in its fourth-quarter earnings statement, said it would pay […]
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Retail traders keep their hot streak going, buying Tuesday’s dip while Wall Street drove ‘Sell America’ trade
Retail traders leaned on their 2025 playbook and bought the dip this week as market volatility surged. Stocks posted their worst day since October on Tuesday after President Trump threatened to take over Greenland and announced tariffs on eight European nations that opposed him. But the market rebounded on Wednesday after Trump announced a “framework” […]
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Rieder odds rising for Fed chair after Trump calls BlackRock executive ‘very impressive’
Key Points BlackRock fixed income chief Rick Rieder’s star is rising as a potential Federal Reserve chair following flattering remarks Wednesday from President Donald Trump. Traders on the Kalshi predictions market raised the odds for Rieder getting the nomination to 33%, about double where they were at the beginning of the week. Source
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Stocks making the biggest moves premarket: Procter & Gamble, Mobileye, McCormick, GameStop & more
Check out the companies making the biggest moves in premarket trading: Procter & Gamble — The consumer packaged goods company shed nearly 1.5% after its fiscal second-quarter revenue missed expectations. Procter & Gamble reported revenue of $22.21 billion, less than the $22.28 billion expected from analysts polled by LSEG. However, its earnings of $1.88 per […]
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Trump signals he has a favorite for Fed chair: ‘Down to maybe one, in my mind’
Key Points President Donald Trump said Wednesday he is nearing the end of a search to replace Federal Reserve Chair Jerome Powell and hinted he has his candidate in mind. “I’d say we’re down to three, but we’re down to two. And I probably can tell you, we’re down to maybe one, in my mind,” […]
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Trump calls for Congress to enact 10% credit card interest rate cap; bank stocks rise
Key Points President Donald Trump urged Congress to pass a law limiting credit card interest rates to 10%. It followed a social media post where he urged banks to set that cap. The banking industry has criticized the proposal. Source
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Berkshire prepares to exit 28% stake in Kraft Heinz as new CEO aims to move on from rare Buffett gaffe
Warren Buffett, Greg Abel and Ajit Jain during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. CNBC Berkshire Hathaway, with new CEO Greg Abel in charge, has taken a formal step toward unwinding a rare misstep by Warren Buffett. The conglomerate, which owns GEICO insurance and BNSF Railway, registered its […]
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