Stocks making the biggest moves midday: Nike, Uber, Newmont, Trade Desk and more
These are the stocks posting the largest moves in midday trading. <
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California Gov. Gavin Newsom sues Fox News for defamation
Gov. Gavin Newsom speaks during an address on Tuesday, June 10, 2025. Office of California Governor via AP California Gov. Gavin Newsom sued Fox News on Friday, seeking damages of at least $787 million from the conservative network for allegedly defaming him in comments about a phone call with President Donald Trump. “No more lies,”…
Ron Baron says he will never sell SpaceX in his lifetime
Billionaire investor Ron Baron said he’s holding on to his position in Elon Musk’s SpaceX for the rest of his life. “I think that we’re going to hold that for another probably 10 years in SpaceX at least,” Baron told attendees at the Morningstar Investment Conference in Chicago. “And I don’t think, in SpaceX, I’ll…
PCE inflation report May 2025:
Prices that consumers pay rose slightly in May, while the annual inflation rate edged further away from the Federal Reserve’s target, according to a Commerce Department report Friday. The personal consumption expenditures price index, the Fed’s primary inflation reading, rose a seasonally adjusted 0.1% for the month, putting the annual inflation rate at 2.3%. Economists…
Here’s how the luxury real estate market is splitting up
View of luxury waterfront homes and boats along the intracoastal waterway near Jupiter Inlet in Jupiter, Florida in Palm Beach County Ryan Tishken | Istock | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future…
Stocks making the biggest moves premarket: NKE, CORZ, PONY
Check out the companies making headlines before the bell. Nike — Shares of the sneaker giant jumped 10% after Nike posted fiscal fourth-quarter results that beat expectations and said it expects profit and sales declines to moderate in the future. Nike said it has already taken its biggest financial hit from its turnaround efforts, and…
China battery giant CATL is expanding globally: Here’s why it matters
Aerial view of the headquarters of Contemporary Amperex Technology Co., Limited (CATL) on February 6, 2025 in Ningde, Fujian Province of China. Vcg | Visual China Group | Getty Images The world’s largest electric vehicle (EV) battery maker is going all-in on international expansion and could shake up the EV market in the process with…
Inside Stellantis’ plan to revive its Ram Trucks brand after declines
Stellantis’ Ram display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC AUBURN HILLS, Mich. — Ram CEO Tim Kuniskis reemerged from a seven-month retirement late last year saying he “missed the fight” and admitting the Stellantis brand was getting smashed in the marketplace by its competition….
American Vogue to hire new head of editorial, role held by Anna Wintour for 40 years
Anna Wintour attends the 2022 Met Gala celebrating “In America: An Anthology of Fashion” at The Metropolitan Museum of Art on May 02, 2022 in New York City. Noam Galai | Gc Images | Getty Images American Vogue is set to hire a new head of editorial content, a function held by Anna Wintour for…
China, U.S. agree on implementing Geneva consensus, building on London framework, Beijing says
China’s Ministry of Commerce in Beijing. Visual China Group | Getty Images The U.S. and China have further confirmed the details of the trade agreement reached by both sides earlier this month in London, which will implement the Geneva consensus, according to a statement released by China’s Ministry of Commerce Friday afternoon. China will review…