Goldman Sachs Group Inc
CNBC Daily Open: Trump tariffs decimate stocks and the red flows liberally
Traders work on the floor of the New York Stock Exchange during morning trading on April 03, 2025 in New York City. Michael M. Santiago | Getty Images U.S. President Donald Trump’s so-called liberation day for the country came and went. What, exactly, did his trade plans liberate the world’s largest economy from? Leadership of […]
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Stocks making the biggest moves midday: Lululemon, Nike, Tesla, Nvidia and more
Check out the companies making headlines in midday trading: Lululemon — The athleisure company saw shares plunging more than 11% after President Donald Trump’s imposition of tariffs on countries where the firm imports a big portion of its products. In 2024, Lululemon sourced 40% of its products from Vietnam, which was hit by a 46% […]
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Family offices are moving money out of the U.S. on tariff, economic fears
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. At his Singapore-based family office, Srihari Kumar has long favored U.S. investments. The former Goldman Sachs managing director, who also co-founded […]
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Bitcoin-related startup deals soared in 2024 alongside crypto prices, research shows
Romain Costaseca | Afp | Getty Images As crypto prices rallied to record highs last year, venture investors piled into new bitcoin-related startups. The number of pre-seed transactions in the market climbed 50% in 2024, according to a report published Thursday from Trammell Venture Partners. The data indicates that more entrepreneurs entered the bitcoin arena […]
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Stocks making the biggest moves premarket: Nike, Apple, Ford, Deckers and more
Check out the companies making headlines before the bell. Lululemon – Shares tumbled more than 12% on the heels of President Donald Trump’s new wide-ranging tariffs . According to an SEC filing , the company sourced 40% of its products from Vietnam in 2024 – a country that was slammed with a 46% tariff. Almost […]
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CNBC Daily Open: Stocks were trounced in the first quarter amid Trump tariff chaos
Traders work on the floor of the New York Stock Exchange on March 28, 2025, in New York City. Spencer Platt | Getty Images Monday was the last trading day of the quarter. U.S. stocks took a heavy beating during the period: Both the S&P 500 and Nasdaq Composite broke their five-quarter winning streaks and […]
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Wall Street banks got meager payout from CoreWeave IPO
Michael Intrator, founder and CEO of CoreWeave Inc., Nvidia-backed cloud services provider, attends his company’s IPO at the Nasdaq Market in New York City on March 28, 2025. Brendan McDermid | Reuters Wall Street banks waited a long time for a billion dollar IPO from a U.S. tech company. They’re not making much money from […]
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Goldman Sachs sees Trump tariffs spiking inflation, stunting growth and raising recession risks
U.S. President Donald Trump announces that his administration has reached a deal with elite law firm Skadden, Arps, Slate, Meagher & Flom during a swearing-in ceremony in the Oval Office at the White House on March 28, 2025 in Washington, DC. Andrew Harnik | Getty Images With decision day looming this week for President Donald […]
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Nvidia turned CoreWeave into a major player in AI years before helping to save its IPO
CoreWeave founders Brian Venturo, at left in sweatshirt, and Mike Intrator slap five after ringing the opening bell at Nasdaq headquarters in New York on March 28, 2025. Michael M. Santiago | Getty Images News | Getty Images If not for Nvidia, there would be no CoreWeave IPO. The artificial intelligence infrastructure startup might still […]
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Trump was supposed to unlock IPO market, but CoreWeave debut reflects ongoing skepticism
CoreWeave Inc. signage during the company’s initial public offering at the Nasdaq MarketSite in New York, US, on Friday, March 28, 2025. Michael Nagle | Bloomberg | Getty Images It wasn’t supposed to go down like this. The Trump presidency was set to usher in a rush of money to the markets, spurred by a […]
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