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Stocks making the biggest moves premarket: Domino’s Pizza, Alibaba, Rivian, Palantir Technologies & more
Check out the companies making headlines before the bell. Domino’s Pizza — Shares fell more than 3% after the pizza chain reported fourth-quarter numbers that missed expectations. The company earned $4.89 per share on revenue of $1.44 billion. Analysts polled by FactSet expected a profit of $4.90 per share on revenue of $1.48 billion. U.S. […]
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Stocks making the biggest moves after hours: Celsius, Dropbox, Block and more
Check out the companies making headlines after the bell : Booking Holdings — The online travel company jumped 3% after fourth-quarter results surpassed analysts’ expectations. Adjusted earnings came in at $41.55 per share and revenue clocked in at $5.47 billion. Analysts were looking for $36.03 per share in earnings and $5.18 billion in revenue, per […]
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OpenAI CFO talks possibility of going public, says Musk bid isn’t a distraction
OpenAI’s astounding growth rate potential is luring possible investors as questions loom over whether the startup will go public. “In terms of a multiple to pay for stock like ours, there’s incredible interest at the moment,” finance chief Sarah Friar told CNBC’s David Faber on Thursday. Its future growth potential has also enabled OpenAI to […]
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OpenAI tops 400 million users despite DeepSeek’s emergence
Brad Lightcap of OpenAI. Courtesy: OpenAI OpenAI appears to be growing quickly despite increasing competition. The San Francisco-based tech company had 400 million weekly active users as of February, up 33% from 300 million in December, the company’s chief operating officer, Brad Lightcap, told CNBC. These numbers have not been previously reported. Lightcap pointed to […]
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Fed officials are worried about tariffs’ impact on inflation and see rate cuts on hold, minutes show
Federal Reserve officials in January agreed they would need to see inflation come down more before lowering interest rates further, and expressed concern about the impact President Donald Trump’s tariffs would have in making that happen, according to meeting minutes released Wednesday. Policymakers on the Federal Open Market Committee unanimously decided at the meeting to […]
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Trump suggests 25% tariffs on autos, pharma and semiconductors that could go even higher
U.S. President Donald Trump speaks at Mar-a-Lago in Palm Beach, Florida, U.S., Feb. 18, 2025. Kevin Lamarque | Reuters President Donald Trump said he may broaden the scope of U.S. tariffs on imports to include automobiles, pharmaceuticals and semiconductors. In remarks to reporters Tuesday, Trump said the duties would be around 25% and “go very […]
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HSBC announces share buyback of up to $2 billion as annual profit jumps 6.5%
A view of the logo of HSBC bank on a wall outside a branch in Mexico City, Mexico June 14, 2024. Henry Romero | Reuters Europe’s largest lender HSBC on Wednesday reported annual pre-tax profit of $32.31 billion, marginally missing analysts’ estimates, as the bank’s net interest income declined by $3.1 billion from a year […]
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Stocks making the biggest moves after hours: Arista Networks, Bumble, Cadence Design and more
Check out the companies making headlines after the bell : Howard Hughes Holdings — Shares slipped about 5% after Pershing Square’s Bill Ackman upped his takeover offer for the real estate company , vowing to turn it into a “modern-day” Berkshire Hathaway. Ackman said Tuesday that his firm submitted a proposal to acquire 10 million […]
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Intel shares pop 11% on report Broadcom and Taiwan Semi could break up company
Intel shares rallied 11% on Tuesday following a Wall Street Journal report that both Broadcom and Taiwan Semiconductor Manufacturing are potentially weighing bids that could result in splitting the embattled chipmaker. The stock was on pace for its best day since October 2022. The Wall Street Journal reported that Broadcom may consider a play for […]
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Stocks making the biggest moves midday: Intel, Walgreens Boots Alliance, Nike, Super Micro Computer and more
Check out the companies making headlines in midday trading. Super Micro Computer — The server builder surged 11%, extending its 32% rally from last week after CEO Charles Liang said he is “confident” the company can file its delayed annual report by the Feb. 25 deadline. Constellation Brands — The booze stock jumped 4.4% after […]
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