Finance
Stocks making the biggest moves midday: SolarEdge Technologies, Super Micro Computer, FedEx & more
Check out the companies making the biggest moves midday: SolarEdge Technologies — The solar stock popped 14% following an upgrade to hold from underperform at Jefferies. “We are tactically upgrading SEDG to HOLD, as the escalating ME conflict is triggering a replay of the European energy security dynamics that ‘turbocharged’ SEDG’s business during the Russia-Ukraine […]
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Fed Governor Waller urges caution for now, says rate cuts possible later in the year
Key Points Federal Reserve Governor Christopher Waller on Friday expressed caution about current conditions but still sees the opportunity for interest rate cuts as the year goes on. In a CNBC interview, the policymaker said “if things go reasonably well and the labor market continues to be weak, I would start advocating again for cutting […]
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Stocks making the biggest moves premarket: York Space Systems, Super Micro Computer, Planet Labs, FedEx & more
Check out the companies making headlines before the bell. York Space Systems — The space and defense stock gained 11% after posting full-year revenue that topped analyst expectations. The company’s top line totaled $386.2 million, while analysts polled by FactSet expected revenue of $383.5 million. York Space Systems also issued strong revenue guidance for 2026. […]
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Stocks making the biggest moves after the bell: FedEx, Firefly Aerospace, Planet Labs & more
Check out the companies making the biggest moves after the bell: FedEx — The package delivery giant popped 9% on fiscal third-quarter results that beat the Street. FedEx earned $5.25 per share, excluding certain items, on revenue of $24 billion. Analysts polled by LSEG expected a profit of $4.09 per share on revenue of $23.43 […]
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Copper joins gold in broad commodities sell-off. There’s a worrying reason behind it
Key Points Both precious and industrial metals fell in Thursday trading as investors are starting to worry this oil shock will go on long enough to cause an economic slowdown or recession. An unusual stagflation scenario is occurring with rates rising on inflation fears, while economic growth expectations are being lowered. But some warn that […]
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Stocks making the biggest moves premarket: Micron, Alibaba, Five Blow, Newmont and more
Check out the companies making the biggest moves in premarket trading: Micron Technology — Shares shed nearly 7%. Micron reported a blowout quarter , with its adjusted earnings of $12.20 per share handily topping the $9.31 consensus estimate, per LSEG. Its revenue was $23.86 billion, compared to the $20.07 billion expected from analysts. Investors may […]
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OpenClaw demand in China is driving up the price of used MacBooks
Key Points Jeremy Ji, chief strategy officer at ATRenew, told CNBC that the consumer electronics reseller is seeing more people trade-in their older MacBooks for a more powerful one. The increased demand comes as people in China rush to try the new OpenClaw artificial intelligence agent. Ji declined to share exact volume of MacBooks processed, […]
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Here are the five key takeaways from this week’s Fed meeting
Key Points Federal Reserve policymakers kept their key interest rate at a range of 3.5% to 3.75% at the conclusion of their March meeting. At his press conference, Fed Chair Jerome Powell faced questions about the oil price shock since the Iran war. The Fed’s dot plot suggests a rate cut could be in the […]
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Fed still expects to cut rates once this year despite spiking oil prices
Key Points The Federal Reserve’s so-called dot plot showed a median estimate of 3.4% for the federal funds rate at the end of 2026, the same as what it had projected at the end of last year. However, a closer look at the overall dot plot showed the balance of projections moved toward fewer reductions. […]
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Here’s what changed in the new Fed statement
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in January. Text removed from the January statement is in red with a horizontal line through the middle. Text appearing for the first time in the new statement is in red and underlined. Black text appears in both statements. […]
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