Business
Quad witching, Nike slides, weed rules and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Witching hour A trader works at his desk on the floor of the New York Stock Exchange (NYSE) after the opening bell in New York on December […]
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Wall Street banked on a flurry of deals under Trump in 2025. It wasn’t that simple
The Wall Street Bull statue covered in snow on Nov. 15, 2018. Erik Mcgregor | Lightrocket | Getty Images Wall Street expected U.S. mergers and acquisitions to roar back in 2025. The reality was something closer to fits and starts. Following the re-election of President Donald Trump more than a year ago, executives and bankers […]
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Trump’s ‘Gold Card’ defines wealth as an ‘extraordinary ability.’ Immigration experts say it raises questions
President Donald Trump’s new “Gold Card” visa program uses a novel definition of wealth as a job skill to allow the overseas wealthy to bypass immigration rules and secure citizenship, according to immigration attorneys. Trump last week announced the start of applications for the “Trump Gold Card,” a new investment visa for foreign nationals. In […]
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Stocks making the biggest moves premarket: Oracle, CoreWeave, Nike, Coinbase & more
Check out the companies making headlines before the bell. Oracle — Shares were up more than 5% in the premarket after TikTok agreed to sell its U.S. operations to a new joint venture that includes the software giant and private equity investor Silver Lake. Coinbase — The crypto exchange rose nearly 3%. On Thursday, the […]
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This is how exposed European Big Pharma is to the U.S.
Novo Nordisk CEO Maziar Mike Doustdar shakes hands with U.S. President Donald Trump during an event to announce a deal with Eli Lilly and Novo Nordisk to reduce the prices of GLP-1 weight‑loss drugs during an event in the Oval Office at the White House in Washington, D.C., U.S., November 6, 2025. Jonathan Ernst | […]
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Trump signs executive order reclassifying cannabis, opening door to broader weed access
U.S. President Donald Trump sits in the Oval Office to sign executive orders, at the White House in Washington, D.C., U.S., Dec. 18, 2025. Evelyn Hockstein | Reuters President Donald Trump signed an executive order Thursday directing federal agencies to reclassify marijuana, loosening long-standing restrictions on the drug and marking the most consequential shift in […]
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American Airlines no longer lets basic economy flyers earn miles
American Airlines Grant Baldwin | Getty Images American Airlines customers flying on basic economy fares will no longer earn frequent flyer miles or points toward elite status, the carrier said this week. “We routinely evaluate our fare products to remain competitive in the marketplace. Customers who purchase a Basic Economy ticket on December 17, 2025 and […]
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Nike is set to report earnings after the bell. Here’s what Wall Street expects
A shopper carries Nike bags in San Francisco, California, US, on Wednesday, Dec. 17, 2025. David Paul Morris | Bloomberg | Getty Images Nike is expected to report earnings after the bell Thursday as Wall Street eyes the company’s progress in reigniting its business. The sneaker company is just over a year into CEO Elliott […]
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Activist investor Elliott builds over $1 billion stake in Lululemon, puts forth CEO candidate
The corporate logo for Lululemon is displayed at their store at the Westfield UTC shopping center on Nov. 3, 2025 in San Diego, California. Kevin Carter | Getty Images Activist investor Elliott Investment Management has built a stake of more than $1 billion in Lululemon Athletica and is bringing a potential CEO candidate to the […]
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Olive Garden owner Darden Restaurants hikes revenue outlook for second straight quarter
An Olive Garden restaurant in Milpitas, California, US, on Tuesday, Dec. 16, 2025. David Paul Morris | Bloomberg | Getty Images Darden Restaurants on Thursday reported strong sales growth, fueled by demand at Olive Garden and LongHorn Steakhouse. For the second straight quarter, the company hiked its full-year outlook for revenue growth, although it only […]
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