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Stocks making the biggest moves midday: Palantir, Caterpillar, Apple, JPMorgan Chase and more
Check out the companies making headlines in midday trading: Bank stocks — Major banks declined on Friday, as President Donald Trump’s new tariff policies increasingly raised fears of a U.S. economic pullback. Shares of Goldman Sachs , Citigroup , Morgan Stanley and Wells Fargo tumbled about 8%. JPMorgan dropped 7%. Tesla , Palantir Technologies — […]
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Trump extends TikTok deadline for the second time
Muhammed Selim Korkutata | Anadolu | Getty Images President Donald Trump on Friday extended a deadline requiring China-based ByteDance to sell the U.S. operations of TikTok or face an effective ban in the country, marking the second time he has taken such action. Trump announced the extension on his Truth Social platform, saying the TikTok […]
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Nintendo delays Switch 2 preorders because of Trump tariffs
In this photo illustration, the logo of Nintendo Switch 2 is displayed on a smartphone screen on April 3, 2025 in Suqian, Jiangsu Province of China. Vcg | Visual China Group | Getty Images Nintendo said Friday that preorders for the company’s hotly anticipated Switch 2 game console would be delayed following President Donald Trump’s […]
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The EU could hit Wall Street where it hurts with its tariff response — the tech giants
The entrance to one of the Google buildings in the ‘Silicon Docks’ area in central Dublin, Ireland, on Tuesday, Nov. 29, 2022. Bloomberg | Bloomberg | Getty Images The European Union says it is keeping all options open if it fails to negotiate its way out of U.S. President Donald Trump’s hefty 20% blanket tariffs […]
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Stocks making the biggest moves premarket: Apple, Boeing, JPMorgan Chase and more
Check out the companies making headlines before the bell. Big banks — Bank stocks took a hit over increasing fears of a U.S. economic pullback amid an escalating global trade war. Goldman Sachs and Morgan Stanley each lost 6%, while JPMorgan Chase , Citigroup and Wells Fargo shed 5%. China-based ETFs — China-based exchange-traded funds […]
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As Microsoft turns 50, Nadella sees future success built on ability to ‘win the new’
Microsoft CEO Satya Nadella speaks during the Microsoft Build conference at Microsoft headquarters in Redmond, Washington, on May 21, 2024. Jason Redmond | AFP | Getty Images A half-century ago, childhood friends Bill Gates and Paul Allen started Microsoft from a strip mall in Albuquerque, New Mexico. Five decades and almost $3 trillion later, the […]
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AI could affect 40% of jobs and widen inequality between nations, UN warns
Artificial intelligence robot looking at futuristic digital data display. Yuichiro Chino | Moment | Getty Images Artificial intelligence is projected to reach $4.8 trillion in market value by 2033, but the technology’s benefits remain highly concentrated, according to the U.N. Trade and Development agency. In a report released on Thursday, UNCTAD said the AI market […]
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CNBC Daily Open: Trump tariffs pummel stocks, leaving a trail of red
U.S. President Donald Trump holds “The Trump Card” as he speaks with journalists on board Air Force One en route to Miami, Florida, on April 3, 2025. Kent Nishimura | Reuters U.S. President Donald Trump’s so-called liberation day for the country came and went. What, exactly, did his trade plans liberate the world’s largest economy […]
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CNBC Daily Open: Trump tariffs decimate stocks and the red flows liberally
Traders work on the floor of the New York Stock Exchange during morning trading on April 03, 2025 in New York City. Michael M. Santiago | Getty Images U.S. President Donald Trump’s so-called liberation day for the country came and went. What, exactly, did his trade plans liberate the world’s largest economy from? Leadership of […]
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Magnificent 7 relinquishes more than $1 trillion as tech drives stock market nosedive
A trader is comforted by a coworker as they work on the floor of the New York Stock Exchange, March 1, 2018. Eduardo Munoz Alvarez / Getty Images The Magnificent Seven stocks collectively lost more than $1 trillion in Thursday trading, a stunning milestone that underscores how President Donald Trump’s tariff rollout crippled financial markets. […]
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