Economy
Stocks making the biggest moves after hours: Block, Intuit, Dell Technologies & more
Check out the companies making headlines in after-hours trading. Block — Payment company Block announced on Thursday that it’s letting go of more than 4,000 employees, or about half of its headcount, leading shares to pop 24% in extended trading. Monster Beverage — Shares of the energy drink maker dropped about 3%. Monster Beverage’s fourth-quarter […]
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Trump said beef, egg and chicken prices are falling. Here’s what the data shows
U.S. President Donald Trump delivers the State of the Union address on Feb. 24, 2026, in Washington, D.C. Kenny Holston-Pool/Getty Images President Donald Trump said in his State of the Union speech Tuesday night that his administration’s policies were “rapidly ending” high prices for certain foods, including proteins in the U.S. diet, like beef, chicken […]
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MP Materials selects Texas for rare earth magnet manufacturing site
Key Points MP Materials has chosen Northlake, Texas, for its new $1.25 billion rare earth magnet manufacturing campus. The facility, dubbed “10X,” will use rare earth raw materials that have been sourced and processed at MP Materials’ Mountain Pass mine in California. Mountain Pass is the only commercial-scale rare earths mine in the U.S. The […]
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Nvidia earnings, Big Tech’s White House visit, protein prices and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. With focus remaining on artificial intelligence’s potential to shake up various industries, I’ve decided to start a mental count of how many times I say or write variations of the term “AI disruption.” S&P 500 futures are little changed this […]
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Stocks making the biggest moves premarket: Nvidia, J.M. Smucker, Trade Desk, Nutanix & more
Check out the companies making the biggest moves in the premarket: J.M. Smucker — The food stock popped 7% on better-than-expected fiscal third-quarter results. Smucker earned $2.38 per share, excluding certain items, on revenue of $2.34 billion. Analysts polled by FactSet expected a profit of $2.27 per share on revenue of $2.32 billion. Qnity — […]
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Warren calls Trump’s bluff on affordability after State of the Union
Ranking member Sen. Elizabeth Warren, D-Mass., questions Treasury Secretary Scott Bessent during the Senate Banking, Housing and Urban Affairs Committee hearing titled “The Financial Stability Oversight Council’s Annual Report to Congress,” in Dirksen building on Thursday, Feb. 5, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty Images Democratic Sen. Elizabeth Warren is calling President […]
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World Economic Forum CEO quits after Epstein ties scrutinized
Borge Brende, said on Feb. 26 he was stepping down as president of the World Economic Forum (WEF). Bloomberg | Bloomberg | Getty Images The president and CEO of the World Economic Forum, Borge Brende, said on Thursday he was stepping down, a few weeks after the forum launched an independent investigation into his relationship […]
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U.S. warns Iran’s reluctance to discuss weapons is a ‘big, big problem’ as fresh talks begin
This combination of pictures created on April 09, 2025 shows US Middle East envoy Steve Witkoff after a meeting with Russian officials at Diriyah Palace, in Riyadh, Saudi Arabia, on February 18, 2025 (L); and Iran’s Foreign Minister Abbas Araghchi speaking to AFP during an interview at the Iranian consulate in Jeddah on March 7, […]
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House Dems project midterm optimism at annual policy retreat following State of the Union
House Minority Leader Hakeem Jeffries, D-N.Y., holds a press conference as Congress faces a midnight Friday deadline for a deal to fund the Department of Homeland Security, in the U.S. Capitol in Washington, Feb. 13, 2026. Annabelle Gordon | Reuters As they gathered in northern Virginia on Wednesday for their annual policy retreat, House Democrats […]
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Stocks making the biggest moves after hours: Nvidia, Salesforce, Snowflake, Nutanix & more
Check out the companies making headlines in after-hours trading. Nvidia — Nvidia reported strong earnings and revenue for the fiscal fourth-quarter , leading shares to add more than 1% in extended trading. Nvidia reported adjusted earnings of $1.62 per share, while analysts expected $1.53 per share, according to LSEG. The chipmaker’s revenue of $68.13 billion […]
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