Stock market today: Stocks stall but cap winning week as Trump's remarks rattle Wall Street
Wall Street stocks are on track for weekly wins as markets ride the Trump roller-coaster.
S&P 500 ekes out intraday record before ending down with Dow, Nasdaq on mixed company news
US stocks closed lower afer the S&P 500 touched an intraday record high early in the day. As tariff worries eased, mixed company news took focus.
Middleby (MIDD) Stock Trades Up, Here Is Why
Shares of kitchen product manufacturer Middleby (NYSE:MIDD) jumped 15.1% in the afternoon session after The Wall Street Journal reported that activist Garden Investments built a ~5% stake in the company and plans to push for changes. This move is noteworthy given that activist investors often bring about significant changes in targeted companies, focusing on improving asset monetization, expense efficiency, and stock buybacks.
Verizon outperforms earnings expectations — and the stock climbs
This story incorporates reporting fromBenzinga.com, Barron’s on MSN.com and MarketWatch on MSN.com.Verizon’s stock price rose following the release of their latest earnings report, which outperformed analysts’ expectations. The company’s Q4 results showed a notable increase in mobile and broadband subscriptions, with postpaid phone net additions reaching 568,000, up from 449,000 the previous year. Additionally, total broadband net additions hit 408,000, compared to 350,000 a year earlier.
Crypto markets steady after Trump's first policy move
NEW YORK/SINGAPORE/PARIS (Reuters) -Crypto markets crept up on Friday, still holding below recent highs even after President Donald Trump ordered a new working group to draw up crypto regulations long hoped for by the industry and explore the creation of a U.S. cryptocurrency stockpile. Bitcoin has been broadly steady since Trump took office on Monday, pushing the world's biggest cryptocurrency to a fresh record of $109,071. It was last trading around $106,000 on Friday as some of the euphoria around a hoped-for revolution in cryptocurrency regulation ebbed.
Twilio Stock Soars on Strong Outlook as AI Demand Booms
Twilio shares skyrocketed Friday on the cloud communications software maker's strong outlook amid growing demand for its AI tools.
Novo Nordisk stock surges 7% after Ozempic maker’s latest weight loss drug shows promise
The new treatment targets gut hormone GLP-1 but also mimics amylin, a hormone released by the pancreas that suppresses hunger.
Why Texas Instruments (TXN) Stock Is Falling Today
Shares of analog chip manufacturer Texas Instruments (NASDAQ:TXN) fell 5.9% in the morning session after the company reported underwhelming fourth-quarter results, with earnings guidance for the next quarter falling short of Wall Street's expectations. Adding to the negative was the fact that inventory levels increased, contributing to weaknesses in Japan and Europe, especially in the auto, and industrial markets. These weaknesses were partly offset by continued strength in China's auto and smar
Why 3D Systems (DDD) Stock Is Up Today
Shares of 3D printing company 3D Systems (NYSE:DDD) jumped 23% in the morning session after the company announced a deal with Daimler Trucks and Buses to improve the production of spare parts using additive manufacturing. Through this partnership, Daimler will use 3D Systems' expertise in additive manufacturing to produce hard-to-find components like fuse box covers. These parts often face sourcing delays during vehicle production, causing bottlenecks in the supply chain.
Covenant Logistics (CVLG) Stock Trades Down, Here Is Why
Shares of freight and logistics provider Covenant Logistics (NASDAQ:CVLG) fell 7.6% in the morning session after the company reported weak fourth quarter results. Its revenue missed significantly, and its Freight revenue fell short of Wall Street's estimates. The company's CEO called out a "challenging general freight environment" and added that in the Dedicated segment, "profitability fell short of our expectations due to greater-than-anticipated temporary customer shutdowns and volume reductio