Economy
Stocks making the biggest moves after hours: AMD, Super Micro, Live Nation, Axon Enterprise and more
Check out the companies making headlines after hours. AMD — The semiconductor stock dropped 1% after Amazon said in a securities filing that it dissolved its stake in AMD in the third quarter. Otherwise, the company reported third-quarter earnings that topped expectations, with adjusted earnings of $1.20 per share on revenue of $9.25 billion. Analysts […]
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Stocks making the biggest moves midday: Uber, Hertz, Norwegian Cruise, Yum, Palantir and more
Check out the companies making the biggest moves midday: Denny’s — The diner chain rallied 50% after it announced it would be acquired by private equity firm TriArtisan Capital Advisors for $620 million, or $6.25 per share, in cash. The deal represents a 52% premium from Monday’s close and is expected to close in the […]
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Bessent says U.S. has ‘lots’ of options to use on tariffs if it loses Supreme Court case
Treasury Secretary Scott Bessent said Tuesday that there are other options in case of defeat as the Supreme Court is about to hear a landmark case on President Donald Trump’s tariffs. The high court is set Wednesday to hear arguments on whether Trump exceeded his authority under the International Emergency Economic Powers Act to enact […]
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Stocks making the biggest moves premarket: Uber, Sarepta, Palantir, Norwegian Cruise and more
Check out the companies making the biggest moves in premarket trading: Uber Technologies — The ride-sharing company fell 5% after saying fourth quarter adjusted EBITDA will range between $2.41 billion and $2.51 billion versus $2.47 billion expected by analysts polled by FactSet. Third-quarter revenue beat Wall Street’s expectations, at $13.47 billion versus the $13.28 billion […]
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Behind the wave of white-collar layoffs: Old-school cost cutting, tariffs and, yes, AI
Corporate America is getting rocked by historic rounds of white-collar layoffs, leading some to wonder: Has AI finally come for their jobs? While the proliferation of generative and agentic artificial intelligence is playing a role, recent job cut announcements from companies like Amazon, UPS and Target are about a lot more than just the advance […]
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Palantir earnings, Pizza Hut’s options, a new consumer staples giant and more in Morning Squawk
Alex Karp, CEO of Palantir Technologies, speaks on a panel titled Power, Purpose, and the New American Century at the Hill and Valley Forum at the U.S. Capitol on April 30, 2025 in Washington, DC. Kevin Dietsch | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are […]
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Goldman Sachs, Morgan Stanley warn of a market correction: ‘Things run and then they pull back’
A small replica of the Charging Bull statue is seen on a street vendor stall outside the New York Stock Exchange on July 11, 2025. Jeenah Moon | Reuters Global markets may be due for a reality check after this year’s relentless rally, as Goldman Sachs and Morgan Stanley on Tuesday cautioned investors to brace […]
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UK’s Reeves to address speculation over tax rises in surprise speech
Chancellor of the Exchequer Rachel Reeves speaks on stage during the Labour Party conference on Sept. 29, 2025, in Liverpool, England. Ian Forsyth | Getty Images U.K. Chancellor Rachel Reeves is expected to give a clearer indication that tax rises are coming in her Autumn Budget later this month when she gives a speech this […]
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Stocks making the biggest moves after hours: Palantir, Hims & Hers Health, Clorox and more
Check out the companies making headlines in after-hours trading. Palantir Technologies — Shares of Palantir rose 1% in extended trading after the software company reported quarterly results that beat Wall Street’s estimates , with government sales growing 52% from a year ago. Palantir earned 21 cents per share, after adjustments, on revenue of $1.18 billion […]
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Fed Governor Lisa Cook, in first policy speech since Trump suit, says she’s undecided on Dec. rate cut
Key Points Federal Reserve Governor Lisa Cook, in her first policy speech since President Donald Trump tried to remove her from office, said Monday that she supported the recent interest rate cut. She noted that December is a “live meeting,” with the rate decision dependent on how risks break down between stubborn inflation and a […]
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