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Stocks making the biggest moves midday: GXO, KMX, NVDA, CRCL

Check out the companies making the biggest moves midday: GXO Logistics — The stock popped more than 11% after the supply chain and warehousing management firm raised its full-year earnings outlook. The company now sees earnings before interest, taxes, depreciation and amortization, or EBITDA, between $860 million and $880 million. GXO also appointed Patrick Kelleher…

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Fiserv debuts bank-friendly stablecoin

Jakub Porzycki | Nurphoto | Getty Images Fiserv is making a big entrance into the stablecoin market. The payments and fintech giant announced on Monday plans to roll out a new blockchain-based digital asset platform anchored by a U.S. dollar-pegged stablecoin called FIUSD — a product it hopes will bring thousands of banks and millions…

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Andrew Cuomo concedes the New York City mayoral primary to Zohran Mamdani, who leads in the first-choice vote

New York City mayoral candidate and democratic State Representative Zohran Mamdani (L) and New York City mayoral candidate Andrew Cuomo (R). Angela Weiss | Afp | Getty Images State Assemblyman Zohran Mamdani is the leader as first-choice votes are tallied in the New York City Democratic mayoral primary, ahead of former New York Gov. Andrew…

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