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Here's a potential winner from the Trump tariffs: American tourists traveling abroad

As economists ring alarm bells over the impact of President Donald Trump’s tariff policy on consumers and the U.S. economy, there’s a group of Americans who may benefit: tourists traveling abroad. That’s due to the impact of tariffs on the U.S. dollar and other global currencies. Economists expect tariffs imposed on foreign imports to strengthen […]

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Stocks making the biggest moves midday: Coinbase, Airbnb, WeRide, GameStop and more

Check out the companies making headlines in midday trading: Warner Music Group — The entertainment stock popped 3% following an upgrade at Citi to buy from neutral. Citi analyst Jason Bazinet said Warner Music’s multiple is “far below” those of its peers. Roku — Shares popped nearly 14% after the streaming company reported fourth-quarter results

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Warren Buffett's Berkshire Hathaway sells some DaVita, shares fall on disappointing guidance

DaVita, a company that provides dialysis services, saw shares tumbling Friday after issuing a weak outlook amid rising care costs, while big investor Berkshire Hathaway offloaded some shares in a preplanned agreement. The health-care stock fell more than 12% Friday. The Colorado-based company said it expects its 2025 adjusted profit per share to be between $10.20

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Stock pickers are on a record run with investors. Don't be fooled, says index fund guru

Stock picking looks easy, but the numbers prove it isn’t. S&P Global reports that after one year, 73% of active managers underperform their benchmarks. After five years, 95.5% of active managers miss the mark. After 15 years, nobody outperforms. That is not going to change, according to Charles Ellis, a veteran investment industry figure and believer in the

Stock pickers are on a record run with investors. Don't be fooled, says index fund guru Read More »

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Stocks making the biggest moves premarket: Moderna, Airbnb, GameStop, Roku and more

Check out the companies making headlines before the bell. Moderna — The biotechnology company retreated 4% after losing $2.91 per share in the fourth quarter, a wider loss than the $2.68 expected by LSEG. However, the company beat expectations of analysts for revenue in the quarter. GameStop — Shares rallied 8% after sources familiar with

Stocks making the biggest moves premarket: Moderna, Airbnb, GameStop, Roku and more Read More »

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Stocks making the biggest moves after hours: GameStop, Coinbase, Airbnb, Informatica and more

Check out the companies making headlines after the bell : GameStop — The video game retailer and meme-stock favorite jumped 7% in extended trading. GameStop is considering investing in bitcoin and other cryptocurrencies, sources familiar with the matter told CNBC. The company is still figuring out whether the move would make sense for GameStop’s business,

Stocks making the biggest moves after hours: GameStop, Coinbase, Airbnb, Informatica and more Read More »

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GameStop is considering investing in bitcoin and other cryptocurrencies, sources say

Video game retailer turned meme stock GameStop is considering investing in bitcoin and other cryptocurrencies, according to sources familiar with the matter. GameStop is exploring investments in alternative asset classes, including crypto and bitcoin in particular, three sources said. Shares of GameStop soared as much as 20% in extended trading following the news. The retailer

GameStop is considering investing in bitcoin and other cryptocurrencies, sources say Read More »

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Stocks making the biggest moves premarket: Robinhood, Deere, Cisco Systems, AppLovin and more

Check out the companies making headlines before the bell. Robinhood — The digital trading platform rallied 13% after reporting stronger-than-expected revenue for the fourth quarter. Robinhood posted $1.01 billion in the period, coming above the LSEG consensus estimate of $944.6 million. MGM Resorts — The resorts and casinos stock jumped nearly 10%. The company posted

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British bank Barclays posts 2024 pretax profit hike, launches £1 billion share buyback

British bank Barclays on Thursday posted a rise in full-year pre-tax profit that came in just ahead of analyst expectations, while also launching a £1 billion ($1.25 billion) share buyback. Pretax profit rose by 24% to £8.108 billion in 2024, just above an analyst forecast of £8.081 billion, according to LSEG.  Net profit attributable to

British bank Barclays posts 2024 pretax profit hike, launches £1 billion share buyback Read More »

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Germany's second-largest lender Commerzbank to cut 3,900 jobs as it unveils new targets

Germany’s second-largest lender Commerzbank on Thursday announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a spate of new strategic targets. The job cuts will be accompanied by increases in staffing in “selected areas” such as in international locations, resulting in a broadly constant global headcount of

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