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Stocks making the biggest moves midday: Frontier Group, JPMorgan, Apple, Stellantis, BlackRock and more
Check out the companies making headlines in midday trading. Frontier Group — Shares plunged 11% after the airline cut its first-quarter outlook and pulled its full-year outlook, citing weaker-than-expected demand and economic uncertainty. Stellantis — Stellantis shares dipped about 1% after the company said its global shipments fell to 1.2 million vehicles in the first […]
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BlackRock’s Larry Fink says U.S. is very close to a recession and may be in one now
Larry Fink, chief executive officer of BlackRock Inc., at the Berlin Global Dialogue in Berlin, Germany, on Tuesday, Oct. 1, 2024. Bloomberg | Bloomberg | Getty Images BlackRock CEO Larry Fink told CNBC on Friday that he thinks the U.S. economy has weakened. “I think we’re very close, if not in, a recession now,” Fink […]
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Stocks making the biggest moves premarket: JPMorgan Chase, Newmont, Wells Fargo and more
Check out the companies making headlines before the bell. JPMorgan Chase – Shares rose more than 2% after the bank’s revenue for the first quarter topped Wall Street’s estimates. JPMorgan posted revenue for the period of $46.01 billion, above the $44.11 billion that analysts surveyed by LSEG were expecting. CEO Jamie Dimon also warned that […]
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Stock futures rise as traders prepare to end volatile trading week rocked by tariffs: Live updates
Traders work on the floor of the American Stock Exchange (AMEX) at the New York Stock Exchange in New York, US, on Thursday, April 10, 2025. Michael Nagle | Bloomberg | Getty Images Stock futures moved higher on Thursday night as investors look to close out a volatile week, punctuated by sharp swings for the […]
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Dot-com bust, 1987 crash had massive relief rallies similar to Wednesday’s pop
The Nasdaq Marketsite is seen during morning trading on April 7, 2025 in New York City. Michael M. Santiago | Getty Images Every bear market has days like this. The Nasdaq soared 12% on Wednesday, the second-best day on record for the tech-heavy index and its sharpest rally since January 2001, which was the middle […]
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CNBC Daily Open: The Trump administration wants more than 0% tariffs
U.S. President Donald Trump gestures during a meeting with Israeli Prime Minister Benjamin Netanyahu (not pictured) in the Oval Office at the White House in Washington, U.S., April 7, 2025. Kevin Mohatt | Reuters The meaning of the word “reciprocity” is being strained by the Trump administration. Not only did the White House use a […]
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CNBC Daily Open: Trump rejects offers to tear down tariffs, threatens more on China
U.S. President Donald Trump speaks during a meeting with Israeli Prime Minister Benjamin Netanyahu (not pictured) in the Oval Office at the White House in Washington, U.S., April 7, 2025. Kevin Mohatt | Reuters The meaning of the word “reciprocity” is being strained by the Trump administration. Not only did the White House use a […]
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How to position amid widespread market volatility, according to BlackRock’s Ben Powell
BlackRock’s Ben Powell says he remains upbeat about a specific set of investment opportunities despite the global stock market sell-off continuing on Monday. Trillions of dollars have vanished from global markets as investors flee assets set to be hit hard by President Donald Trump’s sweeping tariff regime. While economists warn that the brewing trade war […]
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CEOs think the U.S. is ‘probably in a recession right now,’ says BlackRock’s Larry Fink
BlackRock CEO Larry Fink speaks at the Economic Club of New York on April 07, 2025, in New York City. Spencer Platt | Getty Images BlackRock CEO Larry Fink said Monday that many business leaders believe the United States economy is already in a significant downturn. “Most CEOs I talk to would say we are […]
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Bitcoin-related startup deals soared in 2024 alongside crypto prices, research shows
Romain Costaseca | Afp | Getty Images As crypto prices rallied to record highs last year, venture investors piled into new bitcoin-related startups. The number of pre-seed transactions in the market climbed 50% in 2024, according to a report published Thursday from Trammell Venture Partners. The data indicates that more entrepreneurs entered the bitcoin arena […]
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