Stock markets

Billionaire Ken Griffin calls tariffs a ‘painfully regressive tax,’ hitting working class Americans the hardest
Finance

Billionaire Ken Griffin calls tariffs a ‘painfully regressive tax,’ hitting working class Americans the hardest

Citadel CEO Ken Griffin speaks during the Semafor World Economy Summit 2025 at Conrad Washington on April 23, 2025 in Washington, DC. Kayla Bartkowski | Getty Images Billionaire Ken Griffin, founder and CEO of the Citadel hedge fund, said working class Americans will bear the brunt of President Donald Trump’s punitive tariffs on U.S. trading partners. “Tariffs […]

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Here’s what changed in the new Fed statement
Finance

Here’s what changed in the new Fed statement

This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in March. Text removed from the March statement is in red with a horizontal line through the middle. Text appearing for the first time in the new statement is in red and underlined. Black text appears in both statements. […]

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Stocks making the biggest moves midday: Alphabet, Disney, Arista Networks, Super Micro and more
Finance

Stocks making the biggest moves midday: Alphabet, Disney, Arista Networks, Super Micro and more

Check out the companies making headlines in midday trading. Alphabet — The tech behemoth fell 8%. Eddy Cue, senior vice president of services at Apple, said on Wednesday that Apple was “actively looking at” reshaping its Safari web browser to focus on AI-powered search functions, according to a Bloomberg report . Cue made the comments […]

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Stocks making the biggest moves premarket: Disney, Super Micro, Novo Nordisk, Uber and more
Finance

Stocks making the biggest moves premarket: Disney, Super Micro, Novo Nordisk, Uber and more

Check out the companies making headlines in premarket trading. Disney — Shares of the media and entertainment company advanced more than 7% after surpassing Wall Street’s second-quarter estimates. Disney reported adjusted earnings per share of $1.45 on revenue of $23.62 billion, while analysts polled by LSEG were looking for $1.20 per share and $23.14 billion, […]

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Investors fled to Europe and Japan after Trump’s tariffs jolted U.S. markets, Bank of America says
World

Investors fled to Europe and Japan after Trump’s tariffs jolted U.S. markets, Bank of America says

U.S. President Donald Trump delivers remarks at the White House in Washington, D.C., on April 2, 2025. Brendan Smialowski | Afp | Getty Images Stocks on Wall Street and beyond have been rocked by volatility in recent weeks, as U.S. President Donald Trump rolled out some tariffs, paused others, and ramped up duties on Chinese […]

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Stock futures rise on news of upcoming U.S.-China trade talks: Live updates
World

Stock futures rise on news of upcoming U.S.-China trade talks: Live updates

Traders work on the floor of the New York Stock Exchange on April 29, 2025. NYSE Stock futures advanced Tuesday night as investors monitored the latest updates on U.S. trade negotiations and looked toward the Federal Reserve interest rate announcement expected Wednesday afternoon. Dow Jones Industrial Average futures added 236 points, or 0.6%. S&P 500 […]

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Stocks making the biggest moves after hours: Super Micro Computer, Wynn Resorts, Electronic Arts and more
Finance

Stocks making the biggest moves after hours: Super Micro Computer, Wynn Resorts, Electronic Arts and more

Check out the companies making headlines in after-hour trading. Arista Networks — Shares of the cloud computing stock slid 7%. First-quarter revenue narrowly beat LSEG consensus estimates, coming in at $2.00 billion, versus the $1.97 billion the Street expected. Adjusted earnings also beat estimates, landing at 65 cents a share, compared to the 59 cents […]

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Stocks making the biggest moves midday: Palantir, Tesla, DoorDash, Ford and more
Finance

Stocks making the biggest moves midday: Palantir, Tesla, DoorDash, Ford and more

Check out the companies making headlines in midday trading: Palantir — Shares tumbled 13.4%. Palantir posted $884 million in first-quarter revenue , while analysts polled by LSEG penciled in $863 million. However, earnings per share came in line with Wall Street expectations at 13 cents. Ford Motor — The automaker advanced 3.2% on better-than-expected first-quarter […]

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The 5 billion question: Who handles Berkshire’s stock portfolio after Warren Buffett
World

The $275 billion question: Who handles Berkshire’s stock portfolio after Warren Buffett

As the shock of Warren Buffett’s exit settles in, one question about the succession has become the elephant in the room — Who will handle Berkshire Hathaway’s $275 billion portfolio of stocks? The legendary, 94-year-old investor is stepping down as chief executive officer at the end of 2025 after an epic 60-year run, but will […]

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Stocks making the biggest moves midday: Palantir, Tesla, DoorDash, Ford and more
Finance

Stocks making the biggest moves midday: Palantir, Tesla, DoorDash, Ford and more

Check out the companies making headlines in midday trading. Palantir — Shares tumbled 13.4%. Palantir posted $884 million in first-quarter revenue , while analysts polled by LSEG penciled in $863 million. However, earnings per share came in line with Wall Street expectations at 13 cents. Ford Motor – The automaker advanced 3.2% on better-than-expected first-quarter […]

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