Texas has ‘stronger brand than New York’ as Wall Street looks south, Gov. Greg Abbott says
The Texas governor spoke to CNBC after Nasdaq announced it was opening a regional headquarters in Dallas.
Stocks making the biggest moves premarket: Ralph Lauren, Duolingo, Baidu and more
These are the stocks posting the largest moves in premarket trading.
Tesla’s China rival Zeekr to roll out advanced driver assistance-system for free
Chinese electric car company Zeekr is releasing advanced driver-assistance capabilities to its local customers for free as competition heats up.
Slower economic growth is likely ahead with risk of a recession rising, according to the CNBC Fed Survey
The 32 survey respondents, who include fund managers, strategists and analysts, raised the probability of recession to 36% from 23% in January.
Wholesale egg prices have ‘plunged,’ analyst says — shoppers may soon see some relief
Prices in the wholesale egg market have fallen more than 40% since late February. It may take a few weeks for retail prices to catch up.
Stocks making the biggest moves midday: Intel, Tesla, Affirm, Robinhood and more
These are the stocks posting the largest moves in midday trading.
Deutsche Bank says the market sell-off has another 6% to go as consumer and corporate confidence dives
The market sell-off is not over yet as consumer and corporate confidence take a dive on tariff uncertainty, according to Deutsche Bank.
Buffett’s Berkshire hikes stakes in five Japanese trading houses to almost 10% each
Berkshire Hathaway raised its holdings in five Japanese trading houses — Itochu, Marubeni, Mitsubishi, Mitsui and Sumitomo.
Stocks making the biggest moves premarket: Affirm, Netflix, Incyte, Norwegian Cruise Line & more
These are the stocks posting the largest moves in premarket trading.
Klarna, nearing IPO, plucks lucrative Walmart fintech partnership from rival Affirm
The deal with Walmart heightens the rivalry between Affirm and Klarna, two of the world’s biggest BNPL players, just as Klarna is set to go public.
