
Check out the companies making headlines in midday trading: Steel stocks — Shares of steel producer Nucor jumped more than 3%. The company issued rosy guidance for its second-quarter earnings, calling for $2.55 to $2.65 per share, while FactSet consensus estimates sought $2.36 per share. In contrast, Steel Dynamics’ guidance fell short of Wall Street’s […]
Read Morewatch now VIDEO5:2305:23 Trump says ‘stupid’ Powell ‘probably won’t cut’ rates when Fed meeting ends Wednesday Squawk on the Street With the Federal Reserve just hours away from its latest decision on interest rates, President Donald Trump on Wednesday lambasted Chair Jerome Powell, calling him “stupid” while doubting the central bank would cut. In his […]
Read MoreKey Points Klarna CEO Sebastian Siemiatkowski wants to make the platform more of an all-encompassing financial “super app” that’s personalized and can offer non-financial services. “With AI, you can abstract and adopt the experience much more to the specific user you’re dealing with,” Siemiatkowski told CNBC in an interview this week. On Wednesday, Klarna is […]
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