Spotify Technology SA
Stocks making the biggest moves midday: Texas Instruments, United Rentals, Wex, Penn Entertainment & more
Check out the companies making the biggest moves midday: Texas Instruments — The semiconductor stock soared 19% after the company forecast that its current-quarter earnings would come in the range of $1.77 to $2.05 per share, versus the $1.57 consensus, according to LSEG. Similarly, it sees its revenue coming in between $5 billion to $5.4 […]
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Stocks making the biggest moves premarket: Honeywell, Nokia, Netflix, IBM, Tesla & more
Check out the companies making the biggest moves before the bell: Netflix — The streaming giant gained more than 1% after a regulatory filing showed the company authorized an additional $25 billion share buyback. Helix Energy Solutions — Shares of the offshore energy company rose more than 3% after Helix agreed to merge with privately […]
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Lululemon names former Nike exec Heidi O’Neill as new CEO
Lululemon store sign on March 2,, 2026 in London, United Kingdom. Peter Dazeley | Getty Images Lululemon on Wednesday named Heidi O’Neill as the athleisure company’s new CEO, effective Sept. 8. The news comes after the company has seen more than a year of disappointing performance and been embroiled in a dramatic proxy battle, with […]
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Trump’s Iran deadline, the Altman-Musk feud, Novo’s Wegovy pill and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning, and congratulations to everyone who had the Michigan Wolverines winning their March Madness bracket. Stock futures are lower this morning after all three major averages closed Monday’s session higher. Here are five key things investors need to know to start […]
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European stocks tick higher as Iran war deadline unsettles markets
BERLIN, GERMANY – MARCH 16: A truck and a bicyclist pass by a petrol station that shows gasoline prices well over EUR 2.00 per litre on March 16, 2026 in Berlin, Germany. The German government, in response to dramatic price increases of petrol in Germany since the outbreak of the U.S.-Israeli military conflict with Iran, […]
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Universal Music set for takeover by Bill Ackman’s Pershing Square
Bill Ackman’s Pershing Square said Tuesday it is planning to buy Universal Music Group in a cash and stock deal. UMG will form a newly merged company with Pershing Square and list on the New York Stock Exchange, according to the terms of the transaction, which is expected to close by the end of the […]
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Broadcom agrees to expanded chip deals with Google, Anthropic
Broadcom CEO Hock Tan speaks at the digital X event in Cologne, Germany, on September 13, 2022. Ying Tang | Nurphoto | Getty Images Broadcom said Monday that it’s agreed to produce future versions of artificial intelligence chips for Google, and signed an expanded deal with Anthropic that will give the AI startup access to […]
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These are Bank of America’s top picks for the second quarter after a tough start to 2026
As the second quarter kicks off, Bank of America believes that stocks such as Meta Platforms and Spotify are positioned to outperform. The first quarter was marked with macroeconomic uncertainty and geopolitical volatility, characterized by ramping tensions in the Middle East. The S & P 500 jumped to begin April’s trading and the second quarter, […]
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OpenAI acquires popular tech podcast TBPN
OpenAI CEO Sam Altman addresses the gathering at the AI Impact Summit, in New Delhi, India, February 19, 2026. Bhawika Chhabra | Reuters OpenAI announced that it has acquired the technology news podcast TBPN, according to a message shared with employees on Thursday. TBPN is a daily podcast hosted by John Coogan and Jordi Hays […]
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Analysts name ‘positive surprises’ for BTS parent company Hybe with double-digit upside
HSBC has raised its target price for Hybe, the company behind Kpop sensation BTS , even as the band’s March comeback concert in Seoul drew a smaller crowd than expected. The bank reiterated its “buy” rating for the stock, increased its target price for Hybe to 500,000 won ($332) from 420,000 won and gave it […]
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