Check out the companies making the biggest moves midday: AeroVironment — The defense contractor rallied more than 22% after reporting better-than-expected results for its fiscal fourth quarter. AeroVironment earned $1.61 per share, excluding certain items, on revenue of $275.1 million. Analysts polled by FactSet expected a profit of $1.38 per share on revenue of $241.5…
A sign with the company logo sits outside of the headquarters of Eli Lilly in Indianapolis, Indiana, on March 17, 2024. Scott Olson | Getty Images A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. Competition in…
Returns on Amazon are free and easy for shoppers, but they’re risky and expensive for the small businesses that sell a majority of the goods on the world’s biggest e-commerce site. Returns have driven some sellers to exit the popular Fulfillment by Amazon program, while others told CNBC they’d like to leave the platform altogether….
President Donald Trump on Wednesday doubled down on his claim that U.S. bomb strikes completely destroyed Iran’s nuclear program, and he bristled at the attention being paid to an initial American intelligence report that suggests otherwise. “It’s been obliterated, totally obliterated,” Trump said of the Iranian nuclear site at Fordo during a news conference, before…
ST. PETERSBURG, Fla. — The women’s professional tennis tour and Tennis Channel announced Wednesday they have a six-year rights deal for U.S. coverage of WTA tournaments through 2032. The agreement with WTA Ventures does not include events held in the United States, which fall under other contracts. The deal comes with four American women in…
Cristiano Ronaldo will remain with Al Nassr. The all-time soccer legend is set to sign a new deal with Al Nassr, insider Fabrizio Romano reported Wednesday. The contract will reportedly be a one- or two-year deal. Ronaldo, 40, joined Al Nassr in January 2023, signing a record-breaking deal at the time to leave Manchester United….
Risk stocks are back in vogue as the S & P 500 sits on the cusp of a new high. Animal spirits are again taking the market reign as investors’ fears have taken a breather, largely due to President Donald Trump walking back some of his most extreme tariff policies and the administration making progress…
2026 Chevrolet Corvette ZR1X with Carbon Aero package GM DETROIT — General Motors is once again expanding its Corvette lineup with a new high-performance, hybrid variant of the quintessential American sports car. The Detroit automaker on Tuesday revealed the 2026 Chevrolet Corvette ZR1X “hypercar” — a souped-up version of the Corvette E-Ray hybrid that went…
The BP logo is displayed outside a petrol station that also offers electric vehicle recharging, on Feb. 27, 2025, in Somerset, England. Anna Barclay | Getty Images News | Getty Images BP shares jumped Wednesday on a report that the oil major is in early-stage talks to be acquired by Shell. People familiar with the…
Wedbush Securities’ Dan Ives, who launched an artificial intelligence exchange-traded fund this month, sees software as the subcategory to watch within the space. According to Ives, it’s experiencing a “golden age.” “Software is going to be driving … a lot of the use cases,” the firm’s global head of technology research told CNBC’s “ETF Edge”…
