Cartons of eggs are displayed at a grocery store with a warning that limits will be placed on purchases as bird flu continues to affect the egg industry on Feb. 10, 2025 in New York City. Spencer Platt | Getty Images The January consumer price index report is likely to tell a familiar story: Another … Read more
Surging meme coin popularity and “excess optimism” in early 2025 may be signaling a top in crypto asset prices, according to BCA Research, which urged investors Monday to “take profits and wait for a more attractive entry point.” Meme coins have taken center stage in 2025 after bitcoin quadrupled in price over the past two … Read more
Lori Moffett | Bloomberg | Getty Images Shares of Fidelity National Information Services plunged the most since 2023 on Tuesday after the company reported quarterly earnings that fell short of Wall Street estimates and issued a disappointing forecast. The stock dropped 12% as of afternoon trading, heading for its biggest drop since March 2023. Here’s … Read more
Ken Griffin, founder and CEO of Citadel, speaks during The New York Times’ annual DealBook Summit in New York City, Dec. 4, 2024. Michael M. Santiago | Getty Images Citadel CEO Ken Griffin sent a stern warning against the negative impact from President Donald Trump’s combative approach to U.S. trade policy. “From my vantage point, the … Read more
U.S. Secretary of the Treasury Scott Bessent speaks, at the White House, in Washington, U.S. February 3, 2025. Elizabeth Frantz | Reuters U.S. Treasury Secretary Scott Bessent will head to Ukraine for discussions about the war with Russia, U.S. President Donald Trump announced Tuesday. Trump said in a post on Truth Social that Bessent will … Read more
DuPont shares jumped Tuesday on better-than-expected earnings and revenue — boosted, in part, by the company’s exposure to the fast-growing artificial intelligence semiconductor market. The stock has tested our patience, but quarters like this demonstrate why we have stayed invested through the doldrums. Fourth-quarter net sales rose 6.7% year over year to $3.09 billion, topping … Read more
Satellite communications company Globalstar listed on the Nasdaq on Tuesday after delisting from the New York Stock Exchange. “We did a reverse split — we’re a multibillion-dollar company but our stock price was down in the dollar-ish range,” CEO Paul Jacobs told CNBC’s Becky Quick on “Squawk Box.” “And people thought of us as a … Read more
Kash Patel, U.S. President Donald Trump’s nominee to be director of the FBI, looks on as he testifies before a Senate Judiciary Committee confirmation hearing on Capitol Hill in Washington, U.S., January 30, 2025. Evelyn Hockstein | Reuters President Donald Trump’s nominee to lead the FBI, Kash Patel, was accused Tuesday of personally directing an … Read more
U.S. Vice President JD Vance arrives for a meeting with international investors in IA at the Elysee Palace as part of the Artificial Intelligence (AI) Action Summit in Paris, France, February 10, 2025. Gonzalo Fuentes | Reuters Shares of Intel rose 8% on Tuesday after Vice President JD Vance said the U.S. will safeguard American … Read more
Bank of America said investors appear to be swapping attention-catching growth names for an admittedly more boring group: banks. For more than two years, technology and other growth stocks have captured investor interest with conversation focused on the promise of artificial intelligence. Now, Bank of America said there is a shift away from this group … Read more