Breaking News: Markets
Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook
Justin Sullivan | Getty Images News | Getty Images Krispy Kreme stock plunged 24% on Thursday morning after the doughnut chain said it is “reassessing” its rollout with McDonald’s and pulled its full-year outlook in part due to economic “softness.” Krispy Kreme is not planning to launch its doughnuts in any additional McDonald’s locations in […]
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Coinbase acquires crypto derivatives exchange Deribit for $2.9 billion
The Coinbase logo is displayed on a smartphone with stock market percentages on the background. Omar Marques | SOPA Images | Lightrocket | Getty Images Coinbase agreed to acquire Dubai-based Deribit, a major crypto derivatives exchange, for $2.9 billion, the largest deal in the crypto industry to date. The company said Thursday that the cost […]
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Watch live: Trump unveils United Kingdom trade deal, first since ‘reciprocal’ tariff pause
President Donald Trump on Thursday unveiled the broad outline of a trade agreement with the United Kingdom. The deal is the first by the United States with a country whose imports were subject to new tariffs imposed by Trump in early April. But specifics about the deal were not immediately clear, and nothing was signed […]
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Stocks making the biggest moves premarket: Shopify, AppLovin, Peloton, Tapestry and more
Check out the companies making headlines in premarket trading. Shopify — Shares of the commerce technology platform dove 8.7% even after first-quarter revenue came in at $2.36 billion, beating the FactSet consensus estimate of $2.33 billion. Shopify had risen 20% over the past month, and its full year guidance set operating expenses at 39%-40% of […]
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Restaurant Brands earnings miss as Burger King, Popeyes and Tim Hortons post same-store sales declines
A Burger King restaurant is seen on October 25, 2024 in New York City. Michael M. Santiago | Getty Images Restaurant Brands International on Thursday reported quarterly earnings and revenue that missed analysts’ expectations as same-store sales of Popeyes, Burger King and Tim Hortons declined. But the restaurant company is seeing sales turn around already. “As we […]
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China’s latest stimulus measures fail to impress as investors focus on U.S. trade talks
Shoppers pass an Hermes store, operated by Hermes International SCA, in Beijing, China, on Thursday, May 1, 2025. Na Bian | Bloomberg | Getty Images China’s latest push to revive growth with broader stimulus measures has failed to cheer its stock market as worries over economic deterioration outweigh policy optimism, with investors focused on trade […]
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Trump calls Fed Chair Jerome Powell a ‘fool’ after central bank keeps rates steady again
President Donald Trump derided Federal Reserve Chairman Jerome Powell once again Thursday, a day after the central bank voted to not lower rates because of economic uncertainty created by tariffs. Trump said in a Truth Social post: “‘Too Late’ Jerome Powell is a FOOL, who doesn’t have a clue. Other than that, I like him […]
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Dow futures rise 300 points after Trump announces U.S.-UK trade deal: Live updates
A trader works, as a screen broadcasts a news conference by U.S. Federal Reserve Chair Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 7, 2025. Brendan McDermid | Reuters Stock futures were higher Thursday after President Donald Trump announced a […]
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Asia-Pacific markets mixed after U.S. Federal Reserve keeps rates unchanged
A screen showing the Shanghai composite index (top), Shenzhen component index (C) and Beijing stock exchange 50 index (bottom) in Jing’an district in Shanghai on April 9, 2025. Hector Retamal | Afp | Getty Images Asia-Pacific markets traded mixed after the U.S. Federal Reserve expectedly kept rates unchanged. Japan’s benchmark Nikkei 225 opened 0.28% higher, […]
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Stocks making the biggest moves after hours: AppLovin, Arm Holdings, Flutter Entertainment, Fortinet and more
Check out the companies making headlines in after-hours trading. AppLovin – The AI-powered marketing platform saw shares rallying 13% in extended trading after the company reported stronger-than-expected quarterly results. AppLovin’s posted an EPS of $1.67, higher than an LSEG consensus estimate of $1.45 per share. Revenue of $1.48 billion also came in above expectations. The […]
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