Finance
This little-known ETF is up over 600% amid U.S.-Iran war, a better trade than oil or energy stocks
ETF Edge This little-known ETF is up over 600% amid U.S.-Iran war, a better trade than oil or energy stocks Published Sat, Apr 25 20267:30 AM EDTUpdated 34 Min Ago Krysta Escobar WATCH LIVE Source
Read More
Nuclear reactor company X-energy shares surge 26% as AI drives interest in its IPO
In this article XE Follow your favorite stocksCREATE FREE ACCOUNT watch now VIDEO7:2007:20 X-energy CEO Clay Sell on IPO debut: We make it easy to build nuclear power plants Squawk Box Advanced nuclear reactor company X-energy began trading Friday as the AI boom and electrification broadly spark a flurry of interest in the nuclear industry. […]
Read More
Stocks making the biggest moves midday: Intel, AMD, Charter, Hims & Hers, Eli Lilly and more
Check out the companies making the biggest moves in midday trading: Comcast , Charter Communications — The NBCUniversal parent tumbled nearly 8% after a Deutsche Bank downgrade to hold from buy. Analysts at the bank said that, “there’s visibility into a return to sustainable revenue, EBITDA, and [free cash flow] growth; we do not expect […]
Read More
Bessent defends U.S. dollar swap lines as Iran war harms global finances
Key Points Treasury Secretary Scott Bessent in a social media post Friday defended the possibility of the U.S. participating in currency swaps with allies in the Persian Gulf and Asia during the Iran war. The ongoing discussions with those countries about U.S. dollar swap lines “are part of ongoing, routine conversations that @USTreasury has been […]
Read More
Bettors on Kalshi now see Warsh likely confirmed by mid-May after DOJ drops Powell probe
Key Points Bettors on prediction markets platform Kalshi now see an 86% chance Kevin Warsh is confirmed as Chairman of the Federal Reserve by May 15. Before the Department of Justice announced it was dropping a criminal inquiry into current Fed Chair Jerome Powell, those odds were around 30%. The end of the probe into […]
Read More
Stocks making the biggest moves premarket: Intel, Advanced Micro Devices, Procter & Gamble & more
Check out the companies making the biggest moves premarket: Intel — Shares nearly 27% after the chipmaker posted first-quarter earnings that beat Wall Street’s expectations. Intel posted adjusted earnings of 29 cents per share on revenue of $13.58 billion, while analysts polled by LSEG had expected it to earn 1 cent per share on $12.42 […]
Read More
Foreign car companies bet on technology to hang onto once-lucrative China auto market
Key Points Foreign automakers have seen sales slump by up to two-thirds in the world’s largest car market since the pandemic. U.S., Korean and German brands rushed to announce a new lineup of models at the Beijing auto show, incorporating Chinese technology in a bid to win back buyers. Up to 15 cars are launched […]
Read More
Stocks making the biggest moves after hours: Intel, SAP, Boyd Gaming, MaxLinear and more
Check out the companies making headlines after the bell : Intel — Shares soared 15% after the chipmaker posted first-quarter earnings that beat Wall Street’s expectations. Intel posted adjusted earnings of 29 cents per share on revenue of $13.58 billion, while analysts polled by LSEG had expected it to earn 1 cent per share on […]
Read More
NYC Mayor Mamdani knocked Ken Griffin in pied-a-terre tax promo. His firm calls the move ‘shameful’
Key Points In a social media video filmed outside Ken Griffin’s residence, New York City Mayor Zohran Mamdani unveiled a new pied-à-terre tax. Citadel denounced the mayor’s move with Chief Operating Officer Gerald Beeson saying in an internal memo that targeting Griffin showed “ignorance and disdain” toward contributors to the city’s economy. “It is shameful […]
Read More
Stocks making the biggest moves midday: Texas Instruments, United Rentals, Wex, Penn Entertainment & more
Check out the companies making the biggest moves midday: Texas Instruments — The semiconductor stock soared 19% after the company forecast that its current-quarter earnings would come in the range of $1.77 to $2.05 per share, versus the $1.57 consensus, according to LSEG. Similarly, it sees its revenue coming in between $5 billion to $5.4 […]
Read More