Bank of America Corp
This coming earnings season could decide if a stock market at record highs has more room to run
The upcoming earnings season will show investors whether the bull case for equities still holds. The second quarter reporting season comes at a pivotal point for the stock market, with the S & P 500 and Nasdaq Composite trading at all-time highs this week even after an onslaught of bad news regarding higher tariffs, a […]
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Stocks making the biggest moves midday: Hershey, Chemours, Fair Isaac, Sunrun & more
Check out the companies making the biggest moves midday: Hershey — The candy company slid more than 3% following news that Wendy’s CEO Kirk Tanner will take the helm at Hershey , effective Aug. 18. He will replace Michele Buck, who has been with the company for the past two decades and has spent eight […]
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Stocks making the biggest moves premarket: Tesla, Centene, JPMorgan, Cava and more
Check out the companies making headlines before the bell. Tesla — Shares of the electric vehicle maker jumped about 5% after second-quarter vehicle deliveries came in better than feared. Tesla delievered 384,000 vehicles during the period, a 14% decline from a year ago, but analysts were estimating 387,000 deliveries, according to FactSet. This is its […]
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JPMorgan Chase beefs up mobile app with bond trading as bank targets $1 trillion in assets
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during a Bloomberg Television interview on the sidelines of the JPMorgan China Summit in Shanghai, China, on Thursday, May 22, 2025. Qilai Shen | Bloomberg | Getty Images Once a laggard in the online investing game, JPMorgan Chase now believes it is a leader. The […]
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Shares of Coinbase, Circle surge after stablecoin bill passes Senate
Jeremy Allaire, CEO of Circle Internet Group, the issuer of one of the world’s biggest stablecoins, and Circle co-founder Sean Neville pose outside the New York Stock Exchange (NYSE), on the day of the company’s IPO in New York City, U.S., June 5, 2025. NYSE Shares of Circle and Coinbase rallied on Wednesday, as Wall […]
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Senate passes GENIUS stablecoin bill, giving crypto industry first major legislative win
The World Liberty Financial website arranged on a smartphone in New York, US, on Wednesday, Feb. 12, 2025. Gabby Jones | Bloomberg | Getty Images The Senate on Tuesday passed the GENIUS Act, a landmark bill that for the first time establishes federal guardrails for U.S. dollar-pegged stablecoins and creates a regulated pathway for private […]
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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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CNBC Daily Open: Recent gains in markets are likely just short-term optimism
Traders work on the floor of the New York Stock Exchange on June 3, 2025. NYSE Over the past week, Washington and Beijing have been trading barbs about violating their preliminary trade deal. Aside from that, higher steel and aluminum tariffs announced by U.S. President Donald Trump will kick in Wednesday. Amid all the trade […]
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Klarna takes on banks with debit card as it diversifies beyond buy now, pay later
Key Points Klarna is piloting a debit card called Klarna Card in the U.S. The card will also launch in Europe later this year. The Swedish fintech has been trying to shift its image from “buy now, pay later” poster child to a more all-encompassing banking player. Source
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This is why Jamie Dimon is so gloomy on the economy
Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight of Wall Street Firms, in the Hart Building on Dec. 6, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images The more Jamie Dimon worries, the better his bank seems to do. As JPMorgan […]
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