Omar Marques | Lightrocket | Getty Images Shares of major banks climbed on Wednesday as investors look toward Donald Trump’s victory in the presidential election and bet it will lead to less regulation for the sector. Citigroup jumped about 8% in premarket trading. Bank of America added 8%, while Wells Fargo and Goldman Sachs each…
Jakub Porzycki | Nurphoto | Getty Images Novo Nordisk on Wednesday reported a third-quarter beat on sales of its blockbuster weight-loss drug Wegovy and narrowed its 2024 full-year growth guidance. Company shares jumped early on Wednesday and were last up 7.7% at 9:02 a.m. London time. The Danish pharmaceutical giant said that its net profit…
Copper Mountain Solar in El Dorado Valley, pictured on Thursday, Sept. 5, 2024, in Boulder City, Nevada. (Bizuayehu Tesfaye/Las Vegas Review-Journal/Tribune News Service via Getty Images) Bizuayehu Tesfaye | Tribune News Service | Getty Images Solar stocks sold off overnight as investors see Donald Trump leading in the U.S. presidential election. Solar stocks are falling…
SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. Anna Moneymaker | Getty Images News | Getty Images Shares of Tesla surged overnight as investors bet a potential Donald Trump election victory would benefit major…
CNBC’s Jim Cramer on Election Day identified stocks that could perform well with either Vice President Kamala Harris or former President Donald Trump in the White House. “I want to highlight ten stocks that I believe will do well under either candidate, a who’s who of acclamation — companies that almost have to do well…
A specialist trader works inside a post on the floor at the New York Stock Exchange on Oct. 23, 2024. Brendan McDermid | Reuters Treasury yields rose in early trading Tuesday evening as investors awaited results from the tight presidential race between Vice President Kamala Harris and former President Donald Trump. The 10-year Treasury yield traded 7…
Iryna Ustenko | Istock | Getty Images The U.S. dollar was little changed against other global currencies on Tuesday evening as voting began to wind down in the presidential election. The British pound and the euro were both down less than 0.1% against the greenback, as was the Mexican peso. The Australian dollar showed a…
NVIDIA founder, President and CEO Jensen Huang speaks about the future of artificial intelligence and its effect on energy consumption and production at the Bipartisan Policy Center on September 27, 2024 in Washington, DC. Chip Somodevilla | Getty Images Nvidia passed Apple in market cap on Tuesday becoming, for a second time, the most valuable…
This combination of pictures created on October 25, 2024 shows US Vice-President and Democratic Presidential candidate Kamala Harris in Houston, Texas on October 25, 2024 and former US President Republican presidential candidate Donald Trump in East Del Valle, Austin, Texas on October 25, 2024. Getty Images As millions of Americans cast ballots on election day,…
Rupert Murdoch, chairman emeritus of media empire News Corp. Axelle/bauer-griffin | Filmmagic | Getty Images Activist Irenic Capital Management said Tuesday that it would back fellow dissident Starboard Value’s push to dissolve the dual-class structure at Rupert Murdoch’s News Corp, ahead of a closely watched shareholder meeting. For the last two years, Jeff Smith’s Starboard…
