Trump confirms potential drug reclassification, but stocks slide
Bill Schmitt Jr. (C) joins cannabis reform protesters outside the White House to call on U.S. President Joe Biden “to take action on cannabis clemency before the November general election” October 24, 2022 in Washington, DC. Win Mcnamee | Getty Images Pot stocks failed to light up for a second Continue Reading
Ford to record $19.5 billion in special charges related to EV pullback
DETROIT — Ford Motor expects to record about $19.5 billion in special items related to a restructuring of its business priorities and a pullback in its all-electric vehicle investments, the company announced Monday. The Detroit automaker said most of those charges will occur during the fourth quarter. That will be Continue Reading
Frontier Airlines replaces CEO Barry Biffle with carrier’s president
Barry Biffle, president and chief executive officer Frontier Airlines, prior to a Senate Judiciary Subcommittee on Antitrust, Competition Policy, and Consumer Rights hearing in Washington, DC, US, on Tuesday, Sept. 30, 2025. Kent Nishimura | Bloomberg | Getty Images Frontier Group Holdings, the parent of budget carrier Frontier, replaced its Continue Reading
Instacart fired employee over her Democratic campaign: Lawsuit
A former Instacart employee running for Congress alleges in a lawsuit that the company fired her out of concern that her Democratic political views could lead to backlash from the Trump administration. Elizabeth Vedernikova Khanna, a candidate for Virginia’s 1st Congressional District, worked as chief of staff to Instacart’s chief Continue Reading
Why Wall Street and Jim Cramer think Danaher stock is ‘ready to go for a romp’
Danaher is finally turning the corner. CNBC’s Jim Cramer sees it. Wall Street does, too. The life sciences stock is “ready to go for a romp” after years of “nightmare” performance, Cramer said during Friday’s December Monthly Meeting for Investing Club members. Danaher — which makes tools and technologies used Continue Reading
Stocks making the biggest moves midday: Z, KLAC, IRBT, IMNM
Check out the companies making the biggest moves midday: KLA Corp. — The semiconductor equipment maker jumped 4%, nearing a 52-week high, after Jefferies raised its 12-month price target to $1,500 from $1,200, saying “AI continues to drive spend with [wafer fab equipment] accelerating into C26/C27,” and citing KLA’s “outsized Continue Reading
First-time homebuyers are ‘really struggling,’ says Ivy Zelman
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Ivy Zelman, executive vice president at Zelman, joins CNBC’s ‘Money Movers’ to discuss how first-time homebuyers are struggling, the state of the housing market, and more.
Zillow shares are getting crushed. Here’s why
The stock market graphic of Zillow Group is displayed on a smartphone with the logo of Zillow in the background on Feb. 21, 2021. Sopa Images | Lightrocket | Getty Images Zillow shares plunged more than 9% on Monday on worries that the online real estate platform could have a Continue Reading
SpaceX may be the biggest IPO ever next year. How to play it right now
When SpaceX eventually goes public, the long-anticipated offering is expected to be the largest IPO ever, reshaping valuations across the aerospace industry and delivering a rare blockbuster deal for Wall Street. The Elon Musk -led space launch company is preparing to go public next year, reportedly targeting a valuation of Continue Reading
