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Amazon, Etsy, other e-commerce stocks pop after Supreme Court rules against Trump’s tariffs
E-commerce stocks that were exposed to President Donald Trump’s far-reaching global tariffs rallied Friday, after the Supreme Court struck down a key pillar of the president’s economic agenda. In a 6-3 ruling, the court said Trump does not have the legal authority to impose tariffs under the International Economic Powers Act, the method by which […]
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Etsy stock pops on Depop deal despite disappointing revenue, merchandise sales
The Etsy company logo is seen at its headquarters in New York on Dec. 13, 2023. Michael M. Santiago | Getty Images Etsy shares popped on Thursday after the company said it plans to offload its fashion resale app Depop to eBay for about $1.2 billion in cash. The online marketplace also reported mixed earnings […]
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Jim Cramer’s top 10 things to watch in the stock market Thursday
My top 10 things to watch Thursday, Feb. 19 1. Stock futures pointed to a lower open this morning on the heels of Walmart’s disappointing earnings outlook. Tensions between the U.S. and Iran are also in focus. Oil prices rose more than 1% to extend yesterday’s big gains, with Brent crude trading above $71 a […]
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Walmart earnings, Fed meeting minutes, Zuckerberg’s testimony and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. My spin class soundtrack of mainly Kesha’s music last night was more evidence that the 2016 aesthetic is back. Stock futures are lower this morning. The three major indexes are coming off a winning session. Here are five key things […]
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Stocks making the biggest moves premarket: Walmart, Hims & Hers, Carvana, Figma & more
Check out the companies making the biggest moves in premarket trading: Walmart — The big-box retailer shed 3.7% after its full fiscal year outlook fell short of expectations. Walmart said it anticipates net sales will increase by 3.5% to 4.5% and adjusted earnings per share to range from $2.75 to $2.85. Analysts polled by LSEG […]
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Etsy stock pops 14% on sale of Depop to eBay for $1.2 billion
The Etsy Inc. headquarters in the Brooklyn borough of New York on June 25, 2024. Victor J. Blue | Bloomberg | Getty Images Etsy shares skyrocketed more than 14% in extended trading on Wednesday after the company announced eBay would acquire its secondhand clothing reseller Depop for about $1.2 billion in cash. The deal comes […]
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Stocks making the biggest moves after hours: Carvana, Etsy, DoorDash, Booking Holdings, Figma and more
Check out the companies making headlines in after-hours trading. DoorDash — The food delivery company’s stock price fell nearly 1% in extended trading on the back of weak results . For the fourth quarter, DoorDash reported 48 cents per share in earnings, falling short of the 58 cents per share expected from analysts polled by […]
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The blowout AI trades that surprised Wall Street in 2025
The artificial intelligence trade got tougher in 2025. While a significant capital expenditure cycle and earnings growth from the world’s biggest tech companies supported the market’s rally to record heights — with the S & P 500 to jumping more than 17% and the Nasdaq Composite gaining 22% year to date — the easy gains […]
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Stocks making the biggest moves premarket: Alphabet, Microsoft, Meta Platforms, Eli Lilly, Merck & more
Check out the companies making headlines before the bell: Alphabet — The search giant jumped more than 7% after strong results that were boosted by revenue from Google Cloud and YouTube advertising. Alphabet earned $3.10 per share, on an adjusted basis, more than the $2.33 per share expected by analysts polled by LSEG. Revenue of […]
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Stocks making the biggest moves after hours: Alphabet, Meta, Starbucks, Microsoft and more
Check out the companies making headlines in after-hours trading. Alphabet — Shares of the Google parent jumped nearly 5% on the back of strong results , which included better-than-expected Google Cloud revenue and YouTube advertising revenue. Alphabet earned $3.10 per share, on an adusted basis, topping the $2.33 per share estimate from LSEG. The search […]
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