Financial markets took President Donald Trump’s pick of Kevin Warsh as the next Federal Reserve chair largely in stride, a sign investors see the former Fed governor as a credible steward of monetary policy despite expectations he may push for lower rates. Treasury yields were little changed on Friday immediately following the announcement, a sign…
Check out the companies making the biggest moves premarket: Apple — Shares fell 0.6% even after after the company posted blowout fiscal first-quarter results , with notably strong revenue from its iPhone 17 models released in September. Apple earned $2.84 per share for the quarter, higher than the $2.67 per share expected by analysts surveyed…
President Donald Trump on Friday named Kevin Warsh to succeed Jerome Powell as Federal Reserve chair, ending a five-month odyssey that has seen unprecedented turmoil around the central bank. The decision culminates a process that officially began last summer but started much earlier than that, with Trump launching a fusillade of criticism against the Powell-led…
China’s President Xi Jinping (R) and Britain’s Prime Minister Keir Starmer shake hands before their meeting at the Great Hall of the People in Beijing on January 29, 2026. Carl Court | Afp | Getty Images BEIJING — Countries that shunned China during its trade dispute with the U.S. are now sending their leaders to…
Check out the companies making headlines in after-hours trading. Apple — Shares rose less than 1% after the company posted blowout fiscal first-quarter results, with notably strong revenue from its iPhone 17 models released in September. Apple earned $2.84 per share for the quarter, higher than the $2.67 per share expected by analysts surveyed by…
Check out the companies making the biggest moves in premarket trading: ServiceNow — The software stock tumbled 11% despite the company’s better-than-expected fourth-quarter results. Morgan Stanley said ServiceNow’s report was “Good, but not good enough” to convince skeptical investors that the company’s business would continue to see robust growth in the face of competition from…
ServiceNow Inc. signage during the Nvidia GPU Technology Conference in San Jose, California, on March 20, 2025. David Paul Morris | Bloomberg | Getty Images Software stocks on Thursday slid deeper into an ongoing intense sell-off this year as investors recoiled from the sector on growing fears that artificial intelligence could upend many firms’ business…
The fatal shooting this weekend of a second American citizen by federal immigration agents in Minnesota has forced corporate leaders to do something they’ve rarely done since President Donald Trump returned to office last year: publicly disagree with his policies. For months, executives have kept quiet as the Trump administration expanded its sprawling immigration crackdown….
Check out the companies making the biggest moves in premarket trading: Meta Platforms — Shares jumped 9%. The social media giant called for first-quarter sales to range from $53.5 billion to $56.5 billion, topping the analysts’ consensus call for $51.41 billion. Fourth-quarter earnings came in at $8.88 per share on revenue of $59.89 billion, while…
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market Committee (FOMC) on interest rate policy, in Washington, D.C., U.S., Jan. 28, 2026. Jonathan Ernst | Reuters The Federal Reserve wrapped up a two-day policy meeting Wednesday, delivering pretty much what the market expected and…