As regime change looms at the Fed, one candidate emerges as frontrunner for chair
Kevin Hassett, director of the National Economic Council, speaks to members of the media outside the White House in Washington, DC, US, on Friday, Oct. 24, 2025. Francis Chung | Bloomberg | Getty Images President Donald Trump knows who he’s going to select as the next Federal Reserve chair but Continue Reading
Kalshi makes move to court crypto traders with tokenized betting contracts
A Kalshi billboard displaying New York City mayoral election odds in New York, US, on Monday, Oct. 27, 2024. Michael Nagle | Bloomberg | Getty Images Kalshi bettors can now buy and sell tokenized versions of their wagers on Solana, the company told CNBC exclusively on Monday. It’s the latest Continue Reading
How Amazon became America’s biggest clothing seller
Amazon’s grip on the apparel industry just keeps getting tighter. Amazon’s market share for the apparel and footwear segment reached nearly 13% in 2024, with sales over $67 billion, more than double Walmart’s about $32 billion business, according to a Wells Fargo industry note published in September. The firm expects Amazon’s Continue Reading
Stocks making the biggest moves midday: SNPS, DIS, DASH, MSTR
Check out the companies making headlines in midday trading Old Dominion Freight Line — Shares of the less-than-truckload freight carrier rose more than 5% after being upgraded to outperform by BMO Capital. The analyst cited an improving backdrop for its business, plus an opportunity brought on by a more than Continue Reading
Wall Street bullish on this electric airplane stock. Citi sees a 50% return
Wall Street analysts are bullish on Beta Technologies , even though the electric airplane manufacturer’s stock has tumbled nearly 30% since its Nov. 4 debut on the New York Stock Exchange . Goldman Sachs, Morgan Stanley and Bank of America have initiated coverage of Beta with a buy rating. Citi Continue Reading
Goldman Sachs acquires ETF firm Innovator Capital Management for $2 billion
David Solomon, chief executive officer of Goldman Sachs. Bloomberg | Bloomberg | Getty Images Goldmans Sachs on Monday said it agreed to buy Innovator Capital Management, a provider of defined-outcome ETFs, for about $2 billion in its latest deal to bolster the firm’s asset management division. Goldman said the acquisition, Continue Reading
Eli Lilly cuts cash prices of Zepbound weight loss drug vials
The Eli Lilly logo appears on the company’s office in San Diego, California, U.S., Nov. 21, 2025. Mike Blake | Reuters Eli Lilly on Monday said it is lowering the cash prices of single-dose vials of its blockbuster weight loss drug Zepbound on its direct-to-consumer platform, LillyDirect, building on efforts Continue Reading
Synopsys, Moderna, Coinbase and more
Check out the companies making headlines before the bell. Synopsys — The developer of design automation models and software jumped 8% after Nvidia invested $2 billion in Synopsys common stock at $414.79 per share as part of a broad strategic partnership. Leggett & Platt — Shares rose 14% after the Continue Reading
Airbus share prices falls on report of quality issue on A320 aircraft
A Spirit Airlines Airbus A320 airplane approaches San Diego International Airport for a landing from Las Vegas on May 9, 2025 in San Diego, California. Kevin Carter | Getty Images Shares of European aerospace giant Airbus fell 8% on Monday morning, following reports the company has discovered an industrial quality Continue Reading
India’s industrial output grew just 0.4% in October, missing estimates
Workers assemble mobile phones at a Dixon Technologies factory in Noida, India, on Jan. 28, 2021. Bloomberg | Bloomberg | Getty Images India’s industrial production grew just 0.4% in October, a 14-month low that indicated a sharp slowdown in the economy. The Index of Industrial Production (IIP) fell short of Continue Reading