Here are some of the biggest movers in midday trading. Moderna – Shares of the biotech giant climbed 5% after the company gave upbeat guidance for full-year revenue. Moderna expects revenue growth of up to 10% from 2025’s levels, beating the FactSet consensus call for a 5.9% increase. Fourth-quarter losses came in at $2.11 per…
Mesh Cube | Istock | Getty Images The stock market has been quick to punish software firms and other perceived losers from the artificial intelligence boom in recent weeks, but credit markets are likely to be the next place where AI disruption risk shows up, according to UBS analyst Matthew Mish. Tens of billions of…
Venezuela’s interim President Delcy Rodríguez and U.S. Energy Secretary Chris Wright speak with the media after attending a meeting, marking the highest-level U.S. visit focused on energy policy to the OPEC nation in nearly three decades, as Washington conducts its first on-the-ground assessment of the oil industry it aims to help rebuild, in Caracas, Venezuela,…
A worker stocks angus beef top sirloin filets in the meat section of a grocery store in Washington, D.C. Tom Williams | Cq-roll Call, Inc. | Getty Images Inflation decelerated in January as price pressures eased across a range of consumer staples such as food and gasoline, though they remain elevated for certain categories, including…
The artificial intelligence threat trade is continuing to widen as fears AI will disrupt a variety of industries hits a new group of stocks every day. Media stocks are the latest to fall victim to the scare trade as investors assess the risk AI-generated content poses to streaming and linear platforms peddling TV shows, films…
The cost of goods and services rose at a slower annual rate than expected in January, providing hope that the nagging U.S. inflation problem could be starting to ease. The consumer price index for January accelerated 2.4% from the same time a year ago, down 0.3 percentage point from the prior month, the Bureau of…
Check out the companies making headlines before the bell. DraftKings — Shares fell about 17% after the sports betting operator’s 2026 revenue forecast disappointed. In the fourth quarter, DraftKings earned 25 cents per share on revenue of $1.99 billion. That was better than the LSEG estimate of 15 cents per share in earnings and $1.98…
The Senate should move to advance Kevin Warsh, President Donald Trump’s nominee for Federal Reserve chairman, even as a federal criminal investigation into current chair Jerome Powell continues, Treasury Secretary Scott Bessent said Friday. Bessent, in an interview on CNBC’s “Squawk Box,” said he believes after speaking this week to Republicans on the Senate Banking…
DHL Autonomous Robot at work. Source: DHL Workers at DHL Group used to walk close to a half marathon each day just to classify, pick and move items across massive warehouses. Now, their distance and efforts are greatly reduced by autonomous mobile robots that can unload containers for the package delivery and supply chain management…
Sultan Ahmed Bin Sulayem of Dubai speaks at a news conference on Nov. 10, 2005 in New York City. Mario Tama | Getty Images News | Getty Images The CEO of Dubai’s largest port has been replaced by the company after details of his past relationship with the late sex offender Jeffrey Epstein were made…
