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President Donald Trump said his administration is going to audit the U.S. gold reserves kept at Fort Knox in Kentucky. “We’re going to go to Fort Knox, the fabled Fort Knox, to make sure the gold is there,” President Trump said Wednesday on Air Force One. A drive to audit Fort Knox has gained steam […]
Trump says his administration will check Fort Knox 'to make sure the gold is there' Read More »
Check out the companies making headlines in after-hours trading. Klaviyo – The software company surged almost 6% after fourth-quarter results topped Wall Street expectations. Klaviyo posted adjusted earnings of 7 cents per share on $270 million in revenue, above the 6 cents per share and $257 million in revenue that analysts surveyed by LSEG were
Stocks making the biggest moves after hours: Klaviyo, Carvana, Palantir and more Read More »
Federal Reserve officials in January agreed they would need to see inflation come down more before lowering interest rates further, and expressed concern about the impact President Donald Trump’s tariffs would have in making that happen, according to meeting minutes released Wednesday. Policymakers on the Federal Open Market Committee unanimously decided at the meeting to
Apple will need to hike prices by around 9% to mitigate the impact of tariffs put into place by President Donald Trump, according to Bank of America. The firm projected that the tech giant will have to increase prices on iPhones, iPads and other products by that amount, with the assumption that all of the
Check out the companies making headlines in midday trading: Analog Devices — Shares gained 8% after the semiconductor manufacturing company beat earnings and revenue expectations and management signaled a “return to growth” for the 2025 fiscal year. Analog Devices reported adjusted earnings of $1.63 per share on revenue of $2.42 billion, while analysts polled by
Check out the companies making headlines before the bell. Capital One Financial , Discover Financial Services — Shares of Capital One gained 1.6%, while Discover Financial Services dipped 0.3%, after the two companies said their respective shareholders have voted to approve Capital One’s acquisition of Discover. Toll Brothers — Shares fell more than 5% in
BlackRock has been on a buying spree that will change the makeup of the world’s biggest asset manager. BlackRock announced last year a slew of high-profile acquisitions — including a $12 billion deal to buy private credit manager HPS Investment Partners (HPS), which is expected to close in mid-2025; a $12.5 billion purchase of infrastructure
Check out the companies making headlines after the bell : Howard Hughes Holdings — Shares slipped about 5% after Pershing Square’s Bill Ackman upped his takeover offer for the real estate company , vowing to turn it into a “modern-day” Berkshire Hathaway. Ackman said Tuesday that his firm submitted a proposal to acquire 10 million
Pershing Square’s Bill Ackman hiked his takeover offer for Howard Hughes Holdings to create a “modern-day” Berkshire Hathaway. The billionaire investor said Tuesday that his firm has submitted a proposal to acquire 10 million newly issued Howard Hughes shares at $90 per share. Back in January, Ackman proposed forming a new subsidiary of Pershing to
Stock market investors enjoyed lofty annual returns over the past two years. However, 2025 may not offer a “three-peat,” investment analysts say. The S&P 500 stock market index yielded a 23% return for investors in 2024 and 24% in 2023. (Those returns were 25% and 26%, respectively, with dividends.) Three consecutive years of total returns
A 20% S&P 500 'three-peat' is unlikely in 2025, market strategist says Read More »
