Check out the companies making headlines in midday trading. Ford Motor — The Detroit automaker surged 10.7% following its third-quarter earnings beat . Ford’s adjusted earnings of 45 cents per share topped the 36 cents expected from analysts polled by LSEG. Revenue came in at $47.19 billion, versus the $43.08 billion consensus estimate. Alphabet — Shares of the tech giant popped 2.5% after artificial intelligence company Anthropic and Alphabet’s Google officially announced their cloud partnership . The deal, worth tens of billions of dollars, gives Anthropic access to up to one million of Google’s custom-designed Tensor Processing Units, or TPUs. Intel —…
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Check out the companies making headlines before the opening bell : Intel — The chip stock surged more than 7% in premarket trading after the company reported better-than-expected revenue as demand for its core x86 processors for PCs recovered. Ford Motor — The Detroit automaker moved 4.2% higher following its third-quarter earnings beat . Ford’s adjusted earnings of 45 cents per share topped the 36 cents expected from analysts polled by LSEG. Revenue came in at $47.19 billion, versus the $43.08 billion consensus estimate. Applied Materials — Chip equipment manufacturer saw shares dip slightly after the firm announced it is laying…
JPMorgan is coming off the sidelines when it comes to Coinbase . The bank upgraded shares of the cryptocurrency exchange to an overweight rating from neutral. It also lifted its price target to $404 per share from $342. Coinbase stock has rallied 30% this year, but the firm said it still has an attractive valuation versus competitors. JPMorgan’s revised forecast calls from an additional upside of 25% from here. COIN YTD mountain COIN YTD chart As a catalyst, analyst Kenneth Worthington pointed to Coinbase’s exploration of launching a potential Base token, which he sees as accelerating the growth of development…
CNBC’s “Fast Money” team share their final trades of the day. Source link
Ontario Premier Doug Ford said Friday the province will pause airing a television ad featuring former President Ronald Reagan criticizing tariffs so that U.S.-Canada trade talks can resume — but only after the ad is shown during the first two World Series games this weekend.Ford’s move means millions of World Series viewers will see the ad that President Donald Trump cited for his decision Thursday to terminate trade negotiations with Canada.”Our intention was always to initiate a conversation about the kind of economy that Americans want to build and the impact of tariffs on workers and businesses,” Ford said in…
Portland Trailblazers head coach Chauncey Billups exits the Mark O. Hatfield United States Courthouse after his arraignment on October 23, 2025 in Portland, Oregon.Mathieu Lewis-Rolland | Getty ImagesPortland Trail Blazers Head Coach Chauncey Billups appears to be an unnamed co-conspirator identified in a criminal indictment as telling another man the team planned to intentionally lose a March 2023 game against the Chicago Bulls to improve the Trail Blazers’ chances of getting a better pick in the NBA draft.Details in the indictment describing the NBA playing and coaching career of “Co-Conspirator 8,” who leaked the plan to tank the game, match…
LONDON — European stocks reversed course to close higher on Friday as investors reacted to a delayed U.S. inflation print and a flurry of corporate earnings reports.The pan-European Stoxx 600 was 0.2% higher at the end of Friday’s session, paring earlier losses, with major bourses and sectors broadly in positive territory. London’s FTSE 100 extended gains that saw it close at a record high on Thursday, with the U.K. index ending Friday up 0.7%.Across the Atlantic, the U.S. Bureau of Labor Statistics on Friday said that America’s annual inflation rate hit a lower-than-expected 3% in September. U.S. stocks rose following…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailGeoff Freeman, U.S. Travel Association CEO, joins ‘Power Lunch’ to discuss the travel impacts between the U.S. and Canada, the other factors to help travel reliant businesses and much more.04:46Fri, Oct 24 20252:58 PM EDT Source link
Tesla CEO Elon Musk lashed out at the leading shareholder advisors on Wednesday, shining a spotlight into a corner of Wall Street that wields enormous influence among the largest institutional investors. Musk said proxy advisors Institutional Shareholder Services and Glass Lewis “have no freaking clue” after ISS last week recommended shareholders reject Musk’s near $1 trillion pay package, labeling them “corporate terrorists” on a call with analysts after Tesla’s latest earnings report. “They have made many terrible recommendations in the past,” the billionaire entrepreneur said, referring to advisors including ISS and Glass Lewis. Their past advice “would have been extremely…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyCNBC’s “Fast Money” team discusses market volatility with Mandy Xu, head of derivatives market intelligence for Cboe Global Markets.05:273 hours ago Source link
