Accenture PLC
CNBC Daily Open: Damage from tariffs and DOGE cuts is growing visible
A delivery rider passes by a Nike retail store on Dec. 29, 2024, in Chongqing, China. Cheng Xin | Getty Images News | Getty Images The Trump administration’s radical overhaul of the federal government and economic policy is bleeding into corporate earnings. Nike reported earnings Thursday, and cautioned that it expects sales in its current […]
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CNBC Daily Open: DOGE cuts and tariffs hit Accenture and Nike hard
Nike’s “Just Do It” ad slogan on Feb. 5, 2025, in London, England. Richard Baker | In Pictures | Getty Images The Trump administration’s radical overhaul of the federal government and economic policy is bleeding into corporate numbers. Nike reported earnings Thursday, and cautioned that it expects sales in its current quarter to plunge because […]
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Stocks making the biggest moves midday: Meta Platforms, Jabil, ProAssurance, Carvana & more
Check out the companies making headlines in midday trading. Accenture — Shares dropped 7% after the consulting giant reported lackluster fiscal second-quarter results. The company earned $2.82 per share on revenue of $16.66 billion. Analysts polled by FactSet expected a profit of $2.81 per share on revenue of $16.62 billion. Jabil — The electronics manufacturer […]
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Nvidia’s Jensen Huang on why DeepSeek’s new model will need ‘100 times more computing’
CEO Jensen Huang discussed the impact of Chinese startup DeepSeek’s new artificial intelligence model in a Wednesday interview with CNBC’s Jim Cramer at Nvidia‘s annual GTC conference. Huang asserted that the groundbreaking model will actually require more computation than many in the industry thought. According to Huang, DeepSeek’s R1 model is “fantastic” because it is […]
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Stocks making the biggest moves premarket: SolarEdge, Novo Nordisk, Rigetti, Maplebear and more
Check out the companies making headlines before the bell. SolarEdge Technologies — The solar stock dropped 6%. Citi downgraded SolarEdge to sell from neutral, saying the company faces “stubbornly high” operating expenses despite its restructuring announcement. Shares moved 6.6% and 8% higher on Monday and Tuesday, respectively, after SolarEdge said in a filing Monday it […]
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Stocks making the biggest moves midday: Darden Restaurants, Micron Technology, Lamb Weston, Hims & Hers and more
Check out the companies making headlines in midday trading. Hims & Hers — Shares of the telehealth startup shares lost more than 10% after the U.S. Food and Drugs Administration said the active ingredient in Eli Lilly’s Mounjaro and weight loss drug Zepbound is no longer in shortage . Hims & Hers gives access to […]
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Stocks making the biggest moves premarket: Micron, Lamb Weston, Darden, Lennar, Carmax and more
Check out the companies making headlines before the bell. Micron — The chip stock plunged nearly 13% in premarket trading after the chipmaker issued weaker-than-expected second-quarter guidance. First-quarter revenue was inline with analysts’ expectations, while earnings topped estimates, however. Lamb Weston — Shares of the frozen potato maker sank 18% after posting quarterly results that fell […]
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The trendiest gift to give this season? Travel — if you can figure out how
Forget the headphones, the fuzzy slippers and the espresso machine that cranks out a cold brew. Globally, three out of four Gen Zs and millennials said that rather than a physical gift, they want a fun experience or trip this holiday season, according to an Amex Trendex survey. Gift givers are listening too. Half of […]
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Stocks making the biggest moves midday: Micron Technology, Super Micro Computer, Southwest Airlines and more
Check out the companies making headlines in midday trading. Micron Technology , chip stocks — Shares surged nearly 13% after the memory chipmaker issued strong guidance as the rise of AI heightens demand for its products. Other chip stocks rose alongside, with Applied Materials , ASML Holding and Lam Research last up about 4% each. […]
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Dow futures are little changed after index breaks four-day winning run: Live updates
Traders work on the floor of the New York Stock Exchange. NYSE Futures tied to the Dow Jones Industrial Average were little changed on Wednesday night after the index broke a four-day win streak. Dow futures fell by 28 points, or 0.7%. S&P 500 futures were unchanged. Nasdaq 100 futures climbed 0.21%, boosted higher by […]
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