Markets
Buy the dip on this ‘pure play automation’ stock, says Bank of America
Bank of America is sticking by Emerson Electric after a postearnings sell-off, as the company could benefit from manufacturing shifting back to the U.S. Emerson Electric’s fiscal third-quarter results were mixed, hurt by weaker-than-expected sales. The company, which makes autonomous technology and industrial goods, lowered its full-year outlook and now estimates sales will rise 3.5% […]
Read More
Rocket maker Firefly Aerospace pops more than 50% to open at $70 in Nasdaq debut
Firefly Aerospace rings the opening bell at the Nasdaq on Aug. 7th, 2025. The Nasdaq Firefly Aerospace jumped more than 50% in its Nasdaq debut on Thursday after pricing shares above its expected range. Shares started trading at $70 each under the ticker symbol FLY. The initial price values the company at close to $10 […]
Read More
Stocks making the biggest moves midday: Firefly Aerospace, Fortinet, Duolingo, Eli Lilly and more
Check out some of the companies making headlines in midday trading: Firefly Aerospace — Shares of the Texas-based rocket maker surged more than 50% as they debuted Thursday afternoon on the Nasdaq under the “FLY” ticker symbol. On Wednesday, the stock priced in its initial public offering at $45 each, which was above its expected […]
Read More
Prediction markets have a new favorite for the next Fed Chair — Christopher Waller
Federal Reserve Governor Christopher Waller converses on the sidelines of a monetary policy conference at Stanford University’s Hoover Institution in Palo Alto, California, U.S., May 9, 2025. Ann Saphir | Reuters The odds that Federal Reserve Governor Christopher Waller will be named the next chairman crossed above 50% for the first time on prediction market […]
Read More
American adds Budapest, Prague and Buenos Aires flights for summer 2026
An American Airlines Boeing 787-9 Dreamliner lands at the Miami International Airport on December 10, 2021 in Miami, Florida. Joe Raedle | Getty Images American Airlines is reviving some of its pre-pandemic destinations like Prague and Budapest, Hungary, as international travel continues to hold up better than domestic demand. Other additions include its first-ever Dallas […]
Read More
Bitcoin jumps as Trump is set to sign an order that allows cryptocurrencies in 401(k)s
Jakub Porzycki | Nurphoto | Getty Images The crypto market jumped Thursday on excitement that bitcoin and other digital assets could soon be coming to 401(k) retirement plans. President Donald Trump is set to sign an executive order that would allow 401(k) accounts to invest in alternative assets, including private equity, real estate and digital […]
Read More
Stocks making the biggest moves premarket: Eli Lilly, Peloton, Intel, Duolingo and more
Check out the companies making headlines before the bell. Eli Lilly — The pharmaceutical stock dropped more than 7% despite posting a second-quarter earnings and revenue beat . The company also raised guidance for both its full-year earnings and revenue. Meantime, Eli Lilly reported that the highest dose of an experimental daily pill helped patients […]
Read More
Trump order will allow alternative assets like cryptocurrencies, private equity in 401(k)s
Key Points President Donald Trump will sign an executive order Thursday to allow alternative assets into 401(k)s, CNBC has learned. The executive order will direct the U.S. Secretary of Labor to review fiduciary guidance on private market investments in 401(k) and other defined-contribution plans. An executive order would mark a major victory for private asset […]
Read More
Burger King parent Restaurant Brands sees profit fall, but international division shines
A Burger King restaurant with the slogan ”Flame Grilling Since 1954” is seen in Vienna, Austria, on June 7, 2025. Michael Nguyen | NurPhoto | Getty Images Restaurant Brands International on Thursday reported mixed quarterly results, as same-store sales declines for Popeyes were offset by strong demand internationally and at Tim Hortons. Here’s what the […]
Read More
Toyota Motor cuts annual operating profit forecast after earnings beat as U.S. tariffs bite
A sign with the Toyota logo in Surrey, England on August, 2023 Peter Dazeley | Getty Images News | Getty Images Toyota Motor on Thursday cut its annual operating profit forecast as the world’s largest auto company by sales volumes grapples with U.S. auto tariffs. Here are Toyota’s results compared with the mean estimates from […]
Read More