United Airlines planes land and prepare to take off at Newark Liberty International Airport in Newark, New Jersey, on Jan. 27, 2025.Fabrizio Bensch | ReutersStocks with the largest percentage reversals WednesdaySymbol Name RBICS Economy Previous close Intraday Low Current price Chg at low % chg low to curr. UALUnited Airlines Holdings, Inc.Industrials56.155671.09-0.27%26.94%MCHPMicrochip Technology IncorporatedTechnology35.3435.144.5-0.68%26.78%HWMHowmet Aerospace Inc.Industrials114.62102.61127.16-10.48%23.93%APAAPA CorporationEnergy14.0313.58416.72-3.18%23.09%KKRKKR & Co IncFinance94.5191.5112.15-3.18%22.56%MUMicron Technology, Inc.Technology65.5463.778.03-2.81%22.49%DALDelta Air Lines, Inc.Industrials35.8836.55544.671.88%22.19%MPWRMonolithic Power Systems, Inc.Technology455.19449.53549-1.24%22.13%SYFSynchrony FinancialFinance43.8342.09551.31-3.96%21.89%ONON Semiconductor CorporationTechnology31.9531.6838.59-0.85%21.81%WBDWarner Bros. Discovery, Inc. Series AConsumer Services7.697.529.15-2.21%21.61%ALBAlbemarle CorporationNon-Energy Materials50.7650.23561.07-1.03%21.57%AMDAdvanced Micro Devices, Inc.Technology78.2178.8795.370.84%20.92%NCLHNorwegian Cruise Line Holdings Ltd.Consumer Services15.5415.23518.41-1.96%20.84%WDCWestern Digital CorporationTechnology31.5530.5736.85-3.11%20.54%RLRalph Lauren Corporation Class AConsumer Cyclicals182.34176.61212.57-3.14%20.36%VSTVistra Corp.Utilities102.1999.2401119.3-2.89%20.21%DVNDevon Energy CorporationEnergy26.825.8931.08-3.40%20.05%NXPINXP Semiconductors NVTechnology153.5152.205182.11-0.84%19.65%TPLTexas Pacific…
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At CNBC’s CONVERGE LIVE event in Singapore, leaders from sports and esports discussed the big opportunities and trends shaping growth in the multi-billion-dollar sector.LIV Golf CEO, Scott O’Neil discussed how the organization is diversifying the sport’s fanbase.”It’s really about the festival around golf that makes us different,” O’Neil said in conversation with CNBC’s David Faber.”Our average attendee is 15 years younger than a competitive golf tournament age set might be,” he added.Also on the agenda at CONVERGE LIVE was esports, which the Kingdom of Saudi Arabia is investing in heavily. Speaking to CNBC’s Sara Eisen in his role as chairman…
President Trump announced a reprieve on some ‘reciprocal’ tariffs, lifting the S&P 500 to its biggest gain since 2008. What CNBC is watching Thursday. Source link
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your inbox. Despite the recurring narrative of wealth flight, New York City is still the world’s richest city, and it’s gotten richer, according to Henley & Partners’ latest ranking of global wealth hubs with intelligence firm New World Wealth. New York City has 384,500 millionaires, 818 centimillionaires and 66 billionaires, gaining about 10% in each category since the prior year’s list. Four of the 10 hubs…
“Tradition” is a word you hear a lot in relation to The Masters. So when someone wears something that breaks from tradition in any sort of way on the grounds of Augusta National during the year’s first major, it’s likely to cause a stir.Just ask 2011 runner-up Jason Day, who apparently sent tournament officials into a tizzy last year when he wore a particularly eye-catching Malbon Golf sweater vest on the course. At the time, Day said Augusta National officials asked him to remove it between finishing out his first round on Friday morning and playing his second round that…
Since President Trump announced his wave of globe-spanning tariffs, Alex Tang has held morning pep talks with the dozen or so workers at his lathe-making factory in central Taiwan, preparing them for rocky times ahead. His business, like all of Taiwan’s export-dependent manufacturers, could be hit hard.Mr. Trump’s 90-day pause on most of the tariffs gave Taiwan, and much of the world, some breathing space. For now, Taiwan faces a 10 percent tariff on many of its products, not the 32 percent Mr. Trump had threatened. The fact that China, Taiwan’s enormous manufacturing rival and would-be ruler, has been hit…
While Wednesday’s rally was one of the sharpest on record, stocks are still well below this year’s highs, mainly due to tariff turmoil and the escalating global trade war. A combination of economic pressures and market dynamics directly impacts the energy sector. The primary drivers include declining oil prices; WTI has fallen approximately 18% from January highs through Wednesday’s close due to fears of reduced global demand, alongside rising operational costs. Tariffs on imports from major trading partners, such as China, Canada, and the European Union, disrupt global supply chains and increase business costs. Reducing consumer spending and industrial activity…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailSubadra Rajappa, Societe Generale head of U.S. rates strategy, joins ‘Fast Money’ to talk worrying trends in the U.S. bond market.04:45Fri, Apr 11 20255:20 PM EDT Source link
Minneapolis Federal Reserve President Neel Kashkari said Friday that recent market trends show investors are moving away from the U.S. as the safest place to invest while President Donald Trump’s trade war escalates.With Treasury yields rising and the U.S. dollar sagging against its global counterparts in recent days, the trends are running counter to what you might normally see, the central bank official said during a CNBC “Squawk Box” interview.”Normally, when you see big tariff increases, I would have expected the dollar to go up. The fact that the dollar is going down at the same time, I think, lends…
Read Dane Brugler’s 2025 ‘The Beast’ NFL Draft guide.The 2025 NFL Draft is less than two weeks away, but the news cycle has been almost eerily quiet leading up to it. Have the Titans made a decision about how they’ll use the No. 1 pick? What’s going to happen with the quarterback class, especially if and when Aaron Rodgers ever announces his plans for the coming season?NFL Draft analyst Nick Baumgardner and national college football writer Scott Dochterman debate those questions, plus take a spin through Dane Brugler’s new and improved NFL Draft guide.Now that you’ve had a look at Dane’s updated…
