Check out the companies making headlines before the bell. ImmunityBio — The biotech company jumped 13%, adding to a 30% rally in the previous session sparked by strong guidance for its bladder cancer drug Anktiva. ImmunityBio expects full-year revenue for the drug to jump 700%. Worthington Steel — The Columbus, Ohio-based maker of hot- and…
Kevin Hassett, director of the National Economic Council, speaks to members of the media outside the White House in Washington, DC, US, on Friday, Oct. 24, 2025. Francis Chung | Bloomberg | Getty Images White House economic advisor Kevin Hassett said Friday that large U.S. banks could voluntarily provide credit cards to underserved Americans as…
Check out the companies making headlines before the bell. Trip.com — The company’s stock plunged 16% after Reuters reported that Chinese market regulators are investigating the travel website. Netflix — Shares rose more than 1%. Netflix is preparing an all-cash $72 billion bid for Warner Bros. Discovery’s studios and HBO Max, CNBC’s David Farber confirmed…
President Donald Trump called Sen. Elizabeth Warren, D-Mass., on Monday to work together on capping interest rates on credit cards. “He said he wanted to work on that, I said, ‘Great, let’s get something done,’” Warren, the Senate Banking Committee ranking member, said on Wednesday in an interview on CNBC’s “Squawk Box.” Trump called Warren…
A major exchange-traded fund manager suggests the oil trade won’t provide much upside ahead. VanEck CEO Jan van Eck isn’t excited by traditional energy plays, which include the year’s volatile crude trade. “The core ‘Old Energy’ world is just a sideways world right now,” VanEck CEO Jan van Eck told CNBC’s “ETF Edge” on Monday….
Check out the companies making the biggest moves in premarket trading: Taiwan Semiconductor Manufacturing — The chipmaker soared 6.6% after it posted another record quarter . The company saw a 35% increase in fourth-quarter profit, beating estimates amid demand for its artificial intelligence chips. ASML Holding —- Shares of the chip-equipment manufacturer jumped 6% after…
Chicago Federal Reserve President Austan Goolsbee expressed caution Thursday about recent attacks on the central bank and Chair Jerome Powell, saying they could adversely affect inflation. “Anything that’s infringing or attacking the independence of the central bank is a mess,” Goolsbee said during a CNBC “Squawk Box” interview. “You’re going to get inflation come roaring…
People walk past Morgan Stanley global headquarters in Manhattan on March 20, 2025 in New York City. Spencer Platt | Getty Images Morgan Stanley on Thursday reported fourth-quarter results that exceeded Wall Street expectations on the back of strong revenue from wealth management. Here’s what the company reported compared with what Wall Street analysts surveyed…
Goldman Sachs CEO David Solomon speaks during an interview at the Economic Club of Washington in Washington, D.C., U.S., Oct. 30, 2025. Kevin Lamarque | Reuters Goldman Sachs CEO David Solomon said Thursday the giant Wall Street investment bank is actively exploring opportunities in prediction markets, signaling growing institutional interest in a corner of finance…
Check out the companies making headlines in midday trading. Biogen — The biotech’s stock tumbled more than 4% after the company warned it would need to take a $222 million pretax charge in the fourth quarter. The company said the charge, which includes research-and-development expenses and milestone payments, will lower its net income by about…
