U.S. investors liked the Stargate AI news. Asian investors loved it.
SoftBank shares surged — on five times the previous day’s volume — on Wednesday after the Japanese investment group landed a starring role in an U.S. artificial intelligence infrastructure buildout package backed by President Donald Trump.
United Airlines (UAL) 4Q 2024 earnings
A United Airlines airplane proceeds to a runway at Newark Liberty International Airport in front of the skyline of lower Manhattan and One World Trade Center in New York City on December 4, 2024, in Newark, New Jersey. Gary Hershorn | Corbis News | Getty Images United Airlines forecast first-quarter earnings that surpassed analysts’ estimates […]
Tesla’s ‘Trump bump’ fades as stock falls alongside rest of EV sector
Investors still expect Musk to benefit more broadly from Trump 2.0.
Netflix raises prices on standard, ad-supported plans
The word “Netflix” shines brightly at the presentation of the new season (3) of the Netflix series “Bridgerton” in the Flora. Rolf Vennenbernd | Picture Alliance | Getty Images Netflix is hiking the price of most of its U.S. plans. The streaming giant announced on Tuesday that its standard plan without commercials will increase from […]
Netflix (NFLX) earnings Q4 2024
Shares of Netflix soared more than 14% Tuesday after the company posted fourth-quarter results that beat on the top and bottom lines. The company surpassed 300 million paid memberships during the quarter, adding a record 19 million subscribers. Netflix said the growth was driven by its content slate, improved product and typical fourth-quarter seasonality. The […]
United Airlines stock rallies on results, as growing demand wasn’t just about premium seats
Shares of United Airlines rallied in after-hours trading Tuesday, as a record number of travelers lifted fourth-quarter results and the company offered an upbeat forecast for the first quarter.
FDA approves Johnson & Johnson nasal spray Spravato for depression
This photo provided by Janssen Global Services shows Spravato nasal spray. Janssen Global Services via AP The Food and Drug Administration on Tuesday approved Johnson & Johnson‘s nasal spray to be used alone in adults with a major depressive disorder that is difficult to treat, as sales of the drug grow. The spray, called Spravato, […]
Here’s how the ‘MAGA Seven’ stocks are doing on the first full day of Trump presidency
A group of stocks dubbed the “MAGA Seven” by MarketWatch have enjoyed significant gains since the Nov. 5 presidential election, some lifted by links to Donald Trump and others by a bullish market. This is how the group is faring on the first full day of the second Trump administration.
Financial industry will embrace crypto if regulators allow it
Bank of America CEO Brian Moynihan said Tuesday that the U.S. banking industry will embrace cryptocurrencies for payments if regulators allow it. The head of the second-largest U.S. bank by assets was asked by CNBC’s Andrew Ross Sorkin about how the industry’s approach to crypto could change given President Donald Trump’s enthusiasm for digital currencies. […]
This expert highlights what could be the macro trade of the coming years. It’s not about Trump.
The former chief currency strategist at Goldman Sachs, Robin Brooks, says this currency pairing is going to do something unexpected.
