Finance
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 May. Text removed from the May 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 […]
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Stocks making the biggest moves midday: Nucor, Sunrun, Affirm, Zoetis, Circle and more
Check out the companies making headlines in midday trading: Steel stocks — Shares of steel producer Nucor jumped more than 3%. The company issued rosy guidance for its second-quarter earnings, calling for $2.55 to $2.65 per share, while FactSet consensus estimates sought $2.36 per share. In contrast, Steel Dynamics’ guidance fell short of Wall Street’s […]
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Trump says ‘stupid’ Powell ‘probably won’t cut’ rates when Fed meeting ends Wednesday
watch now VIDEO5:2305:23 Trump says ‘stupid’ Powell ‘probably won’t cut’ rates when Fed meeting ends Wednesday Squawk on the Street With the Federal Reserve just hours away from its latest decision on interest rates, President Donald Trump on Wednesday lambasted Chair Jerome Powell, calling him “stupid” while doubting the central bank would cut. In his […]
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This artificial intelligence subcategory is undergoing a ‘golden age,’ says long-time tech analyst Dan Ives
ETF Edge This artificial intelligence subcategory is undergoing a ‘golden age,’ says long-time tech analyst Dan Ives Published Wed, Jun 18 20258:43 AM EDT Siena Griffin@siena_griffin WATCH LIVE Source
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Klarna CEO wants to turn the platform into a ‘super app’ with AI
Key Points Klarna CEO Sebastian Siemiatkowski wants to make the platform more of an all-encompassing financial “super app” that’s personalized and can offer non-financial services. “With AI, you can abstract and adopt the experience much more to the specific user you’re dealing with,” Siemiatkowski told CNBC in an interview this week. On Wednesday, Klarna is […]
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Stocks making the biggest moves premarket: Sunrun, Korn Ferry, Oracle, Circle and more
Check out the companies making headlines in premarket trading. Sunrun — Shares fell nearly 2% following a downgrade to sector perform from outperform by RBC Capital Markets. The stock on Tuesday recorded its biggest one-day loss in its history amid a sell-off in solar names. CERo Therapeutics Holdings — Stock in the immunotherapy company pulled […]
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Stocks making the biggest moves midday: Jabil, JetBlue, Sunrun, Valero, Verve Therapeutics and more
These are some of the stocks posting the biggest moves in midday trading. Jabil – The electronic manufacturing company and supplier to Apple surged nearly 12%. Jabil lifted its full-year guidance, calling for core earnings of $9.33 per share and net revenue of $29 billion. The company also posted top and bottom line beats in […]
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Stocks making the biggest moves premarket: Sunrun, Verve Therapeutics, T-Mobile and more
Check out the companies making headlines before the bell. Solar stocks — Companies in the space got battered as the Senate’s version of President Trump’s tax bill would phase out renewable energy incentives . Shares of Enphase Energy dropped 20%, while First Solar and Sunrun slid 16% and 36%, respectively. SolarEdge Technologies pulled back 30%. […]
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JPMorgan Chase unveils new Sapphire Reserve card perks and $795 annual fee
Key Points JPMorgan Chase is betting that a long list of new perks will keep affluent Americans hooked on its Sapphire Reserve card, despite a hefty bump in its annual fee. The bank on Tuesday unveiled an update to its premium credit card, which will now carry a $795 annual fee. The bank is touting […]
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Nasdaq-traded Chinese herb company hits near $30 billion market value after speculative surge
Key Points Shares of Regencell Bioscience, a Hong Kong-based developer of traditional Chinese herbal treatments that it says can treat childhood ADHD and autism, more than tripled Monday. The stock soared more than 280% after a 38-for-1 stock split. The company, which has no revenue, is up roughly 46,000% in 2025. On Monday, one social […]
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