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Stocks making the biggest moves midday: AeroVironment, BP, Flagstar, QuantumScape and more
Finance

Stocks making the biggest moves midday: AeroVironment, BP, Flagstar, QuantumScape and more

Check out the companies making the biggest moves midday: AeroVironment — The defense contractor rallied more than 22% after reporting better-than-expected results for its fiscal fourth quarter. AeroVironment earned $1.61 per share, excluding certain items, on revenue of $275.1 million. Analysts polled by FactSet expected a profit of $1.38 per share on revenue of $241.5 […]

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Blockchain-driven platform to mimic stock trading, allowing users to buy shares of SpaceX, other hot private companies
Technology

Blockchain-driven platform to mimic stock trading, allowing users to buy shares of SpaceX, other hot private companies

Artistgndphotography | E+ | Getty Images Republic, a New York-based investment startup, is offering users exposure to SpaceX by issuing a “tokenized” representation of its shares. The company will begin selling the digital tokens this week and eventually plans to expand the offering to other private companies like artificial intelligence darlings OpenAI and Anthropic, as […]

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Watch Fed Chair Jerome Powell testify live before Senate banking panel
Finance

Watch Fed Chair Jerome Powell testify live before Senate banking panel

[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell is back Wednesday on Capitol Hill, this time speaking to the Senate banking committee as part of his semiannual monetary policy testimony. In his remarks […]

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Stocks making the biggest moves premarket: FedEx, Coinbase, Yum Brands and more
Finance

Stocks making the biggest moves premarket: FedEx, Coinbase, Yum Brands and more

Check out the companies making headlines before the bell. Rubrik — Shares of the data management software vendor rose 1% after it agreed to buy startup Predibase , a company that helps deploy artificial intelligence models. A person familiar with the transaction said Rubrik intends to pay as much as $500 million as part of […]

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What’s next as the British pound hits its highest in more than three years?
World

What’s next as the British pound hits its highest in more than three years?

The British pound is widely forecast to continue rising against the U.S. dollar. Matt Cardy | Getty Images The British pound is hovering at its highest level in more than three years — and analysts are divided on the potential for further upside. Britain’s currency was last seen trading around the $1.36 mark on Wednesday […]

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Tesla’s European car sales nosedive for fifth month as customers switch to Chinese EVs
World

Tesla’s European car sales nosedive for fifth month as customers switch to Chinese EVs

A group of activists criticizing Elon Musk and Tesla’s policies hold a protest outside a Tesla dealership in London’s Park Royal district, on April 12, 2025 in United Kingdom. Anadolu | Anadolu | Getty Images Tesla new car sales in Europe fell for a fifth straight month in May, according to data from the European […]

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Asia-Pacific markets set for mixed open as investors weigh Fed comments, Israel-Iran ceasefire
World

Asia-Pacific markets set for mixed open as investors weigh Fed comments, Israel-Iran ceasefire

Sydney Harbour and the skyline of the central business district (CBD) in Sydney, Australia, on Tuesday, April 29, 2025. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets were set to open mixed Wednesday, as investors weighed a ceasefire between Israel and Iran, as well as fresh commentary from the U.S. Federal Reserve. There is growing […]

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S&P 500 futures are little changed as index nears all-time high: Live updates
World

S&P 500 futures are little changed as index nears all-time high: Live updates

Traders work at the New York Stock Exchange on June 18, 2025. NYSE S&P 500 futures are near flat Tuesday night as investors watch to see if the benchmark index can return to its all-time high. Futures tied to the broad index ticked down 0.1%, as did Nasdaq 100 futures. Dow Jones Industrial Average futures […]

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Treasury yields fall even after Powell says the Fed can wait to cut rates
World

Treasury yields fall even after Powell says the Fed can wait to cut rates

U.S. Treasury yields were lower on Tuesday even after Federal Reserve Chair Jerome Powell said he is in no hurry to push for interest rate cuts as the impact of tariffs plays out. Traders also kept an eye on a fragile ceasefire between Iran and Israel. The 10-year Treasury yield was down 3.1 basis points at 4.291%, […]

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Tim Seymour reveals global ‘Mag 7’ for U.S. investors as international markets outperform
World

Tim Seymour reveals global ‘Mag 7’ for U.S. investors as international markets outperform

With international markets starting to catch up to U.S. stocks, it’s time now for investors to take a look at a global version of the popular “Magnificent 7” portfolio, according to Tim Seymour of Seymour Asset Management, who has been investing internationally for nearly three decades. “Big thematic, secular trends that have been exciting … […]

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