Finance
Why millions of Americans would lose health insurance under House GOP megabill
Key Points Federal funding cuts in the House of Representatives’ One Big Beautiful Bill Act may prompt millions of Americans to lose insurance under Medicaid and the Affordable Care Act. With the Senate now poised to consider the legislation, here’s who experts say could be most vulnerable to getting dropped from health care coverage. Source
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Long-awaited Trump-Xi call isn’t enough to resolve looming critical mineral shortage this summer
Key Points A high-stakes U.S.-China call has yet to resolve a rare earth metals shortage. Businesses say the shortage could halt production of cars and other industrial parts this summer. Only some Chinese suppliers of U.S. companies have received six-month export licenses. Source
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Stocks making the biggest moves midday: Brown-Forman, Five Below, Ciena, PVH, Planet Labs and more
Check out the companies making the biggest moves midday: MongoDB — The document storage and retrieval provider surged 16% after first-quarter earnings of $1 per share, excluding one-time items, topped an LSEG estimate of 66 cents per share. Revenue of $549 million topped the consensus estimate of $528 million. Tesla — The electric vehicle maker […]
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Stocks making the biggest moves premarket: Circle, Five Below, Chewy, MongoDB, Lands End and more
Check out the companies making headlines in premarket trading. Circle Internet Group — The stablecoin issuer priced its upsized, $1 billion initial public offering at $31 a share, above an expected range of $27-$28 and an initial range last week of $24 to $26, giving Circle a total market value of some $7 billion. Five […]
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Stocks making the biggest moves after hours: Five Below, MongoDB, Verint Systems and more
Check out the companies making headlines in after-hours trading: Five Below — Shares of the discount retailer added 2.5% on the back of strong first-quarter financial results and second-quarter guidance. Five Below reported adjusted earnings of 86 cents per share on $971 million in revenue, while analysts polled by LSEG called for 82 cents per […]
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Stocks making the biggest moves midday: CrowdStrike, Tesla, Dollar Tree, Thor Industries and more
Check out the companies making headlines in midday trading: CrowdStrike — The cybersecurity stock was down nearly 7% after the company’s revenue forecast for the current quarter undershot analysts’ estimates. CrowdStrike said it expects revenue in the range between $1.14 billion and $1.15 billion, while analysts polled by LSEG were looking for $1.16 billion. Dollar […]
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Stocks making the biggest moves premarket: Dollar Tree, CrowdStrike, Wells Fargo, Constellation Energy and more
Check out the companies making headlines in premarket trading. Dollar Tree — The budget retailer slid about 4% after saying earnings per share could decline by as much as 50% in the current quarter, partly due to cost pressures from tariffs. Analysts polled by FactSet expected per-share earnings to fall just 2%. Thor Industries — […]
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Trump says ‘extremely hard’ to make a deal with China’s President Xi Jinping as trade talks stall
Key Points U.S. President Donald Trump said on Wednesday that China’s President Xi Jinping was “extremely hard” to make a deal with. A senior White House official told CNBC earlier on Monday that Trump and Xi are likely to speak this week. Source
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Stocks making the biggest moves after hours: Hewlett Packard Enterprise, CrowdStrike, Guidewire Software and more
Check out the companies making headlines after hours. Hewlett Packard Enterprise — Shares rose 3%, after the information technology company beat analysts’ expectations on the top and bottom lines. Hewlett Packard Enterprise reported second-quarter adjusted earnings of 38 cents per share on revenue of $7.63 billion. Analysts polled by LSEG had expected earnings of 32 […]
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Citigroup lifts banking curbs on gun makers and sellers
In this article C Follow your favorite stocksCREATE FREE ACCOUNT Signage at a Citibank branch in New York, US, on Sunday, Jan. 12, 2025. Michael Nagle | Bloomberg | Getty Images Citigroup on Tuesday ended a seven-year-old policy restricting how it provides banking services to firearm manufacturers, sellers and resellers. The bank launched the policy in […]
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