Aerospace manufacturer BETA Technologies’ electric aircraft, ALIA, is seen at John F. Kennedy Airport in New York City, U.S., June 3, 2025. It is the first Advanced Air Mobility flight into JFK Airport. Kylie Cooper | ReutersBeta Technologies updated the prospectus for its initial public offering on Wednesday, setting a price range that could value the company at $7.2 billion at the top end.The electric aircraft maker said it plans to sell 25 million shares at $27 to $33 each. The deal would raise as much as $825 million.The planned offering comes amid a dayslong government shutdown that threatens to…
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Activity on Elizabeth Street (at the intersection of Bourke St Mall), Melbourne on a cloudy day.Charlie Rogers | Moment | Getty ImagesAsia-Pacific markets were set for a weaker open Friday, tracking losses on Wall Street as fears over the banking sector and trade tensions intensified.Shares of regional banks and investment bank Jefferies tumbled on Thursday stateside as fears mounted around some bad loans lurking in the U.S.In Asia, investors will take note of chip heavyweight Taiwan Semiconductor Manufacturing Co., which announced its third-quarter results after Taiwan’s market closed Thursday.Australia’s S&P/ASX 200 started the day 0.28% down.Japan’s Nikkei 225 futures also pointed to a…
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching on Thursday and what’s on the radar for Friday’s session. The diet drugs and the White House President Donald Trump hinted Thursday that a deal was in the works to bring down the price of obesity drugs. Novo Nordisk shares fell almost 4% after hours. The stock is down more than 50% in a year. Eli Lilly is down nearly…
Dara Khosrowshahi, chief executive officer of Uber Technologies Inc., speaks during an unveiling event in New York, US, on Wednesday, May 14, 2025. Yuki Iwamura | Bloomberg | Getty ImagesUber plans to offer drivers and couriers in the U.S. ways to make money through the company’s app when they’re not ferrying around people or food.The ride-hailing company said on Thursday that it’s starting a pilot with its AI Solutions Group that will allow drivers to complete small online jobs. The example Uber gave is “uploading photos to help train AI models,” which the company said is already being tested in…
Walmart (WMT) had a huge day Tuesday, jumping 5% on news of its partnership with OpenAI. We last discussed the stock from a chart perspective back in mid-summer with clients, when we were tracking two developing bullish patterns (shown in green and blue). Neither of those setups ultimately gained traction, but importantly, their risk levels were never violated either, which kept the broader structures intact. That stability allowed this new bullish pattern to form starting in early August — and following Tuesday’s surge, that pattern has now broken out decisively. At this point, WMT can be viewed as having three…
US President Donald Trump makes an announcement in the Oval Office of the White House in Washington, DC, on Oct. 16, 2025. Andrew Caballero-Reynolds | AFP | Getty ImagesPresident Donald Trump on Thursday announced two new efforts to expand the availability of in vitro fertilization, the first concrete step from his administration on the expensive and politically fraught procedure.Trump struck a deal with EMD Serono, a subsidiary of Germany’s Merck KGaA, to slash the price of some of the company’s fertility medicines in exchange for relief from planned tariffs on pharmaceuticals imported into the U.S., which Trump has not yet imposed.The…
Ron Conway, founder of SV Angel, speaks during the TechCrunch Disrupt NYC 2015 conference in New York on May 4, 2015.Michael Nagle | Bloomberg | Getty ImagesDays after suggesting that President Donald Trump should send federal troops to San Francisco, Salesforce CEO Marc Benioff is facing some consequences.Prominent startup investor Ron Conway, who backed companies including Google, Airbnb and Stripe, resigned from the board of the Salesforce Foundation on Thursday, CNBC has confirmed. Conway is a longtime Democratic donor who was a member of VCs for Kamala, and donated around $500,000 to at least two funds tied to Kamala Harris’…
new video loaded: What’s Next for the Gaza Cease-Fire PlanIsrael and Hamas have reached a cease-fire deal in Gaza, but the hard part starts now. David Sanger of The New York Times describes the major obstacles to further agreement about Gaza’s immediate future.By David E. Sanger, Melanie Bencosme and Nikolay NikolovOctober 16, 2025 Source link
Small caps could prove a profitable corner of the market heading into year end. The Russell 2000 just hit a new all-time high on Wednesday, on pace for its fifth record this year. What’s more, according to Katie Stockton, founder at Fairlead Strategies, the index is poised to break out above final resistance around 2,466, after first clearing its 200-day moving average in September. Last month, it also knocked out its prior record high going all the way back to November 2021. Those are bullish signals for an asset class that has consistently underperformed, but is now attracting improved sentiment…
These are the stocks posting the largest moves in extended trading. Source link
