Barclays PLC
Stocks making the biggest moves premarket: Carvana, Cloudflare, Pentair and more
Check out the companies making headlines before the bell. UniFirst – The stock tumbled more than 10% after Cintas terminated discussions to acquire the workwear provider in a deal that would have been worth $275 per share in cash. In a statement, Cintas CEO Todd Schneider said, “While we continue to believe in the merits […]
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CNBC Daily Open: Investors grow pessimistic about the market as stocks resume sliding
Traders work on the floor of the New York Stock Exchange on March 17, 2025. NYSE Investors are feeling as gloomy as consumers are. The University of Michigan’s Survey of Consumers, which was released March 14, showed consumer sentiment plunging to its lowest since 2022. Wall Street is in a similarly dour mood, according to […]
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CNBC Daily Open: The mood on Wall Street is grim as stocks slide
Traders work at the New York Stock Exchange on March 18, 2025. NYSE Investors are feeling as gloomy as consumers. The University of Michigan’s Survey of Consumers, which was released March 14, showed consumer sentiment plunging to its lowest since 2022. Wall Street is in a similarly dour mood, according to the March edition of […]
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Retail investors ditch buy-the-dip mentality during the market correction
Spencer Platt | Getty Images Individual investors, whose assets are more tied to the stock market than ever, have abandoned their tried-and-true dip-buying mentality as the S&P 500 recently fell into a painful, 10% correction. Retail outflows from U.S. equities rose to about $4 billion over the past two weeks as tariff chaos and mounting […]
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Stocks making the biggest moves midday: Ulta, Nvidia, Chipotle, Peloton and more
Check out the companies making headlines in midday trading. Rubrik — The data management stock surged 25% after fourth-quarter results surpassed analyst expectations. Rubrik lost 18 cents per share, narrower than the consensus forecast for a loss of 39 cents from analysts polled by LSEG. The California-based firm posted $258 million in revenue, which also […]
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First-class seats are getting so fancy they’re holding up new airplanes
A Lufthansa First Class “Allegris” cabin, which was set up outside the show. Peter Kneffel | Picture Alliance | Getty Images Heated or cooled seats. Ultra-high-definition TV screens. Benches. Convertible beds. All-aisle access. And of course, the coveted privacy door. Ever-more luxurious first- and business-class cabins that have hundreds of parts and require regulator approval […]
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These S&P 500 stocks are deeply oversold and may be due for a rebound
The S & P 500 may have just notched its second down week in a row, but there’s good news for investors: plenty of companies are oversold and due for a rally on a technical basis. The 500-stock benchmark slipped 1% this week, while the tech-heavy Nasdaq Composite plunged 3.5%. The blue-chip Dow Jones Industrial […]
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GM raises quarterly dividend, initiates $6 billion stock buyback
DETROIT – General Motors is raising its quarterly dividend and initiating a new $6 billion share repurchase program as the company attempts to reward investors amid slowing industry sales and profits. GM announced Wednesday it is increasing its quarterly dividend by 25% to 15 cents per share — matching that of crosstown rival Ford Motor. […]
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Alibaba shares soar 11% in Hong Kong after stellar earnings as China’s e-commerce sector recovers
The Alibaba office building is seen in Nanjing, Jiangsu province, China, on Aug 28, 2024. CFOTO | Future Publishing | Getty Images Alibaba shares surged in Hong Kong Friday following stellar quarterly results, boosted by growth in the company’s cloud Intelligence and e-commerce segments. The Chinese tech giant’s shares soared as much as as 11%, […]
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Government travel has ‘fallen off’ since Trump inauguration, United Airlines says
A United Airlines plane takes off from Ronald Reagan Washington National Airport November 23, 2021 in Arlington, Virginia. Drew Angerer | Getty Images United Airlines says travel demand has been resilient lately — except from the U.S. government. Government travel “has fallen off here post-inauguration,” United’s Chief Financial Officer Mike Leskinen said at a Barclays […]
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