The stock market scaled to record levels recently, leading some executives at major corporations to cash in. Below is a roundup of some notable stock sales by executives or officers of major companies, filed with the Securities and Exchange Commission last week. These exclude where the filing explicitly says the sale was conducted pursuant to…
Alberto Musalem, President and CEO of the Federal Reserve Bank of St. Louis, speaks to the Economic Club of New York, in New York City, U.S., Feb. 20, 2025. Brendan McDermid | Reuters St. Louis Federal Reserve President Alberto Musalem on Monday reiterated his support for last week’s interest rate cut, but said he is…
Check out the companies making headlines before the opening bell : Metsera , Pfizer — The weight-loss drugmaker soared 60% after an announcement it would be bought by Pfizer for $4.9 billion in cash. The deal is expected to close in the fourth quarter. Pfizer shares ticked nearly 3% higher. Anywhere , Compass — Brokerage…
Perhaps the biggest outcome of the latest U.S.-China trade talks is China’s increased confidence in its homegrown technology. Alibaba and Baidu both saw their stocks surge this past week after news of AI advances and business deals . Huawei touted AI chip systems better than Nvidia’s at the same time as Beijing extended a probe…
U.S. President Donald Trump speaks as he sits next to a “Trump Gold Card” sign, in the Oval Office at the White House in Washington, D.C., U.S., Sept. 19, 2025. Ken Cedeno | Reuters Major technology companies and foreign governments are rushing to respond after President Donald Trump late Friday announced plans to impose a…
BEIJING — After helping shape the early years of Chinese e-commerce, followed by years of management missteps , Alibaba is betting big on artificial intelligence as it takes on a new era. This month, Alibaba led a roughly $100 million investment round in humanoid startup X Square Robot , and put $60 million into the…
Grayscale Bitcoin Trust ETF signage on the floor of the New York Stock Exchange in New York, US, on Thursday, Jan. 11, 2024. Michael Nagle | Bloomberg | Getty Images Grayscale Investments has brought a new twist to crypto investing, rolling out the first multi-token exchange-traded product available in the U.S. The Grayscale CoinDesk Crypto…
Check out the companies making headlines before the bell : FedEx — Shares popped 5.5% on the back of a better-than-expected earnings report for the fiscal first quarter. FedEx earned an adjusted $3.83 per share on $22.24 billion in revenue, while analysts polled by LSEG forecast $3.59 in earnings per share and $21.66 billion in…
Check out the companies making the biggest moves midday: Brighthouse Financial — The insurance company soared 26% after Bloomberg News reported, citing people familiar with the matter, that a group led by Aquarian Holdings was in talks to pay $65 to $70 per share for Brighthouse Financial. Scholastic — The publisher’s stock fell nearly 11%….
Kevin Durant #35 of the Phoenix Suns looks on during the second half against the Houston Rockets at PHX Arena on March 30, 2025 in Phoenix, Arizona. Chris Coduto | Getty Images NBA star Kevin Durant has regained access to his bevy of Bitcoins, years after getting locked out of his Coinbase account. “We got…