New U.S. Federal Reserve Chairman Kevin Warsh holds a press conference following a two-day meeting of the Federal Open Market Committee (FOMC), at the U.S. Federal Reserve in Washington, D.C., U.S. June 17, 2026. Eric Lee | Reuters Economists and investors got their latest look at the Federal Reserve‘s new era of communication with Wednesday’s…
WASHINGTON – The Federal Reserve on Wednesday voted to hold its key interest rate steady but not without opposition from three officials who have expressed concern over inflation and wanted to hike. Despite increasing support among some officials for a rate increase, the Federal Open Market Committee voted 9-3 to leave the federal funds rate…
Short sellers are quickly turning their attention to SK Hynix’ s newly listed U.S. shares, adding bearish bets just weeks after the South Korean memory-chip maker made its American market debut and injecting another source of volatility into an already turbulent semiconductor sector. As many as 23 million of the company’s American depositary receipts are…
Check out the companies making the biggest moves premarket: Biogen — Shares were up 0.7% after the biotechnology company beat Wall Street consensus on revenue. The company also raised its full-year adjusted EPS guidance. Vertiv — The AI infrastructure name tumbled 13% on mixed results for the second quarter. While earnings and revenue beat analyst…
Check out the companies making headlines in after-hour trading. Ford Motor — Shares surged 6% after the automaker posted second-quarter adjusted earnings that beat expectations and hiked its 2026 earnings outlook. But the company’s automotive revenue came in slightly below the expectations of analysts polled by LSEG. CoStar — The real estate marketplace stock tumbled…
The Commodity Futures Trading Commission headquarters in Washington, Dec. 23, 2022. Ting Shen | Bloomberg | Getty Images A coalition of 44 state attorneys general wrote in a letter to the Commodity Futures Trading Commission on Monday that the agency doesn’t have the power to regulate sports-related event contracts on prediction market platforms. The letter…
Meta CEO Mark Zuckerberg arrives at Los Angeles Superior Court on Feb. 18, 2026. Jill Connelly | Getty Images Meta is set to report earnings after the market close Wednesday, and traders on prediction market platform Kalshi think the Instagram parent will use its conference call to highlight its Ray-Ban Meta smart glasses and push…
Imagine telling an AI agent how much risk you’re willing to take, your retirement goals and when your kids will start college — then letting it manage your portfolio while you sleep. That vision of agentic trading, in which artificial intelligence doesn’t just recommend investments but carries them out, is moving from concept to reality….
President of Visa Inc. Ryan McInerney delivers a keynote address at the Transact 15 conference in San Francisco, California April 1, 2015. Noah Berger | Reuters Visa, which runs the world’s largest payments network, plans to cut about 7% of its workforce as CEO Ryan McInerney moves to streamline the company and invest more in…
Check out the companies making headlines before the bell: Coca-Cola — Shares popped 2% after the beverage company topped earnings expectations and hiked its full-year outlook. Coca-Cola posted adjusted earnings per share of 97 cents, more than the 93 cents anticipated by analysts polled by LSEG. Revenue of $13.38 billion also exceeded the $13.16 billion…
