Stock markets
Third Point’s Dan Loeb says he’s sold out of nearly all of his ‘Magnificent 7’ holdings
Third Point’s Dan Loeb revealed that he has dumped almost all of his positions in the so-called Magnificent 7 stocks after their huge run-up that’s been dented this year from the stock market tariff turmoil. “What we have done in the last few months is number one shifted away from those easy sale candidates of […]
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Stocks making the biggest moves premarket: Boeing, Tesla, BP, Eli Lilly and more
Check out the companies making headlines before the bell. Boeing – The aerospace stock rose more than 5% after the company reported a narrower loss for the first quarter . Boeing said it had a net loss of $31 million in the first quarter, improving on the $355 million loss in the same period last […]
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Dow futures jump 600 points after Trump says he doesn’t plan to get rid of Fed chief: Live updates
A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell on March 5, 2025, in New York City. Timothy A. Clary | Afp | Getty Images Stock futures climbed on Tuesday evening after President Donald Trump said he doesn’t plan to remove Federal Reserve Chairman Jerome Powell from […]
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Trump says he has ‘no intention’ of firing Fed Chair Powell
U.S. President Donald Trump speaks at the White House in Washington, D.C., U.S., April 22, 2025. Kevin Lamarque | Reuters President Donald Trump on Tuesday said he has “no intention” of firing Federal Reserve Chair Jerome Powell before his term leading the U.S. central bank ends next year. “None whatsoever,” Trump said in the Oval […]
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Stocks making the biggest moves after hours: Tesla, Enphase Energy, Oklo, Bristol Myers Squibb and more
Check out the companies making headlines in extended trading: Tesla — Shares were marginally lower in extended trading after first-quarter results missed analysts’ estimates on the top and bottom lines. The electric vehicle company earned an adjusted 27 cents per share on revenue of $19.34 billion, while analysts polled by LSEG were looking for 39 […]
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Wall Street’s iconic charging bull statue vandalized by climate activists wielding neon green paint
Climate activists hold a protest at the Charging Bull statue in Bowling Green near the New York Stock Exchange on April 22, 2025. Michael M. Santiago | Getty Images Wall Street’s iconic Charging Bull statue on Tuesday was vandalized by a group of environmental activists who sprayed the bronze sculpture with neon green paint. The […]
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JPMorgan cautions most investors won’t have the stomach to handle CoreWeave’s volatility
The high degree of unpredictability for artificial intelligence cloud company CoreWeave won’t be tolerated by many on Wall Street, according to JPMorgan. “There could be a wide range of outcomes for CoreWeave,” analyst Mark Murphy wrote Tuesday. “For this reason, we expect the stock to provide a wild, lumpy, volatile ride, requiring a risk tolerance […]
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This ultimate global safe haven benefiting from the dollar’s downfall is up 11% this year
As the U.S. dollar slides and the stock market whipsaws, investors are pilling into the Swiss franc. The currency, long considered a safe haven for traders in search of respite from the current market volatility, has seen upward pressure as the greenback struggled. Compounding concerns about the state of U.S. economy and President Donald Trump’s […]
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Stocks making the biggest moves midday: 3M, Northrop Grumman, Halliburton, CoreWeave and more
Check out the companies making headlines in midday trading. 3M — The manufacturing conglomerate jumped 8% on a first-quarter earnings beat. 3M earned an adjusted $1.88 per share on $5.78 billion of revenue, topping the LSEG consensus forecasts of $1.77 per share and $5.76 billion in revenue. RTX — The defense name sank 9%. Despite […]
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About half of Americans have a negative view on Tesla and Elon Musk, CNBC survey finds
SpaceX CEO Elon Musk attends a cabinet meeting held by U.S. President Donald Trump at the White House on March 24, 2025. Win McNamee | Getty Images The broad public and investors have something in common these days: They don’t have a lot of love for either Tesla or CEO Elon Musk. Tesla’s stock has […]
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