Pershing Square USA begins trading well below IPO price Pershing Square signage during the company’s initial public offering (IPO) at the New York Stock Exchange (NYSE) in New York, US, on Wednesday, April 29, 2026. Michael Nagle | Bloomberg | Getty Images Bill Ackman’s long-awaited push into public markets debuted Wednesday, marking a scaled-back but…
Enrique Lores, then-CEO of Hewlett-Packard speaks on CNBC outside the World Economic Forum in Davos, Switzerland on Jan. 22, 2025. Gerry Miller | CNBC PayPal CEO Enrique Lores has this week told managers that he is reorganizing the firm’s reporting lines to separate Venmo, the popular mobile payments app, from the company’s other operations, CNBC…
Here are the stocks making headlines in midday trading. Regeneron — The biotech stock slid nearly 6% after the company reaffirmed its full-year forecast for adjusted gross margin on net product sales of 83% to 84%. Regeneron also said that its board authorized a new $3 billion share repurchase program. GE HealthCare Technologies — Shares…
An unusually divided Federal Reserve on Wednesday held its key interest rate steady as policymakers grappled with the policy impact of persistent inflation and awaited a looming leadership transition at the central bank. In what may have been Chair Jerome Powell’s final meeting at the helm, the rate-setting Federal Open Market Committee voted to hold…
Microsoft CEO Satya Nadella speaks during the Microsoft AI Tour event in Munich, Germany, on Feb. 25, 2026. Sven Hoppe | Picture Alliance | Getty Images Microsoft is set to report fiscal third-quarter results after the close of regular trading on Wednesday. Here’s what analysts are looking for, according to LSEG: Earnings per share: $4.06…
U.S. Attorney General Pam Bondi and Deputy Attorney General Todd Blanche arrive for a closed-door briefing for members of the House Oversight and Government Reform Committee, on the Justice Department’s handling of the Epstein investigation and compliance with the Epstein Files Transparency Act on Capitol Hill in Washington, D.C., U.S., March 18, 2026. Nathan Howard…
NEW YORK — A coalition of Tennessee activists who have become known nationwide for fighting book bans will be honored by PEN America next month at its annual gala. The literary and free expression organization announced Wednesday that the Rutherford County Library Alliance, based in Murfreesboro, will be presented the PEN/Benenson Courage Awards on May…
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All eyes are on the megacap growth earnings tonight and tomorrow, including five of the MAG 7 stocks. Here’s what you need to know from a chart point of view. A familiar bullish chart formation First, let’s take a close look at the MAGS ETF , itself. Similar to the SPX , NDX , and XLK ,…
CEO of Paramount Skydance David Ellison speaks on stage during the Paramount Pictures presentation at CinemaCon at The Colosseum at Caesars Palace on April 16, 2026 in Las Vegas, Nevada. Valerie Macon | AFP | Getty Images Paramount CEO David Ellison is trying to do something that no other studio has done in the modern…
