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CNBC Daily Open: The impact of Trump policies will affect Fed’s interest rate moves
World

CNBC Daily Open: The impact of Trump policies will affect Fed’s interest rate moves

Federal Reserve Chair Jerome Powell speaks at the 2025 U.S. Monetary Policy Forum on March 7, 2025, in New York City. Spencer Platt | Getty Images News | Getty Images The U.S. nonfarm payrolls report for February was weaker than expected, but the silver lining is that the number of jobs added for the month […]

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CNBC Daily Open: The effect of Trump policies will sway Fed’s interest rate moves
World

CNBC Daily Open: The effect of Trump policies will sway Fed’s interest rate moves

U.S. Federal Reserve Chair Jerome Powell testifies before a House Financial Services Committee hearing on “The Semiannual Monetary Policy Report to the Congress,” on Capitol Hill in Washington, D.C., U.S., Feb. 12, 2025.  Nathan Howard | Reuters What you need to know today Signs of deflation in ChinaChina’s national consumer price index fell by 0.7% […]

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Handicapping the next move for a stressed bull market
World

Handicapping the next move for a stressed bull market

The market’s message and intentions are always worth debating — especially so during an intense pullback, with cacophonous policy headlines and piqued investor emotions animating the action day to day. Here’s an assessment of the weight of the evidence, after another rough week — but one that ended in a perky, if apprehensive, rally off […]

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Tesla shares have declined every week since Elon Musk went to Washington
Technology

Tesla shares have declined every week since Elon Musk went to Washington

Elon Musk speaks during the first cabinet meeting hosted by U.S. President Donald Trump, at the White House in Washington, DC, U.S., February 26, 2025. Brian Snyder | Reuters Tesla’s stock has never had a stretch this red. For seven straight weeks, since Elon Musk went to Washington, D.C. to join the Trump administration, shares […]

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Stocks making the biggest moves midday: Costco, Tesla, Broadcom, Gap, Samsara and more
Finance

Stocks making the biggest moves midday: Costco, Tesla, Broadcom, Gap, Samsara and more

Check out the companies making headlines in midday trading: Costco — Shares shed nearly 7% after the retail giant’s earnings for the second quarter missed Wall Street estimates. Costco reported earnings of $4.02 per share for the period, below the $4.11 per share that analysts surveyed by LSEG were expecting. Second-quarter revenue, however, topped estimates. […]

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So long, Trump bump: Tech stocks wipe out last of post-election gains
Technology

So long, Trump bump: Tech stocks wipe out last of post-election gains

Guests including Mark Zuckerberg, Lauren Sanchez, Jeff Bezos, Sundar Pichai and Elon Musk attend the Inauguration of Donald J. Trump in the U.S. Capitol Rotunda on January 20, 2025 in Washington, DC. Donald Trump takes office for his second term as the 47th president of the United States.  Julia Demaree Nikhinson | Getty Images So […]

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U.S. eyes zero tariff on cars in India trade deal as Tesla entry nears, Reuters reports
World

U.S. eyes zero tariff on cars in India trade deal as Tesla entry nears, Reuters reports

Indian Prime Minister Narendra Modi and US President Donald Trump hold a joint press conference in the East Room of the White House in Washington DC, United States on February 13, 2025. (Photo by Nathan Posner/Anadolu via Getty Images) Nathan Posner/Anadolu | Anadolu | Getty Images The United States wants India to eliminate tariffs on car imports under […]

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Dealmaker Michael Grimes expected to lead new U.S. sovereign wealth fund: Reuters
Politics

Dealmaker Michael Grimes expected to lead new U.S. sovereign wealth fund: Reuters

Michael Grimes, head of global technology investment banking at Morgan Stanley, smiles while speaking to freshman students enrolled in the Management, Entrepreneurship, and Technology (M.E.T.) program during an orientation at the University of California-Berkeley campus in Berkeley, California, U.S., on Friday, Aug. 17, 2018.  David Paul Morris | Bloomberg | Getty Images Star technology investment […]

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Stocks making the biggest moves midday: Best Buy, Walgreens Boots Alliance, Tesla, Okta and more
Finance

Stocks making the biggest moves midday: Best Buy, Walgreens Boots Alliance, Tesla, Okta and more

Check out the companies making headlines in midday trading: Okta — Shares surged 18% after the cloud software firm posted a fourth-quarter earnings and revenue beat. Okta reported adjusted earnings of 78 cents per share on revenue of $682 million, while analysts polled by LSEG expected 74 cents in earnings per share and $670 million […]

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Tech stocks are down 7% since Trump’s inauguration as trade war fuels uncertainty
Technology

Tech stocks are down 7% since Trump’s inauguration as trade war fuels uncertainty

CEO of Meta and Facebook Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai, and Tesla and SpaceX CEO Elon Musk attend the inauguration ceremony before Donald Trump is sworn in as the 47th U.S. president in the U.S. Capitol Rotunda in Washington, Jan. 20, 2025. Saul Loeb | Via Reuters Technology […]

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