Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during the America Business Forum in Miami, Florida, US, on Thursday, Nov. 6, 2025. Eva Marie Uzcategui | Bloomberg | Getty Images JPMorgan Chase on Wednesday unveiled a new $50 billion share repurchase program and raised its quarterly dividend after the Federal Reserve found the…
Federal Reserve Board Governor Michelle Bowman, U.S. President Donald Trump’s nominee to be Federal Reserve vice chair for supervision, testifies before a Senate Banking, Housing, and Urban Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., April 10, 2025. Kevin Mohatt | Reuters The biggest U.S. banks would be able to absorb more…
Prediction market platform Kalshi’s CEO Tarek Mansour confirmed the company is in the early stages of planning a potential IPO in an appearance on CNBC’s “Squawk Box.” Mansour said a public markets debut of the company won’t come this year, but that it makes sense for Kalshi at this stage of its growth to begin…
A Wendy’s restaurant is seen on November 10, 2025 in Austin, Texas. Brandon Bell | Getty Images News | Getty Images Wendy’s shares surged in premarket trading Wednesday, fueled by a burst of retail investor enthusiasm that appears disconnected from the fast-food chain’s latest executive appointment. The stock climbed more than 16% before the opening…
Check out the companies making the biggest moves premarket: Cerebras — The semiconductor company dropped 11% after posting its first earnings report since going public in May. Cerebras reported a first-quarter loss of 22 cents on revenues of $193.4 million. The company also said core gross margin is expected to shrink to between 36% and…
Check out the companies making headlines after the bell : FedEx — Shares shed about 6% after revenue in the fourth quarter narrowly beat Wall Street’s expectations. The company posted revenue of $25.01 billion, slightly higher than the $24.04 billion analysts polled by LSEG had sought. KB Home — The homebuilder added 2% after posting…
Signage is seen outside of the Commodity Futures Trading Commission headquarters in Washington, Aug. 30, 2020. Andrew Kelly | Reuters The Commodity Futures Trading Commission said Tuesday that it’s filing suit against Kentucky. The action comes after the state sued prediction market platforms Kalshi and Polymarket, asserting the companies were operating illegal gambling platforms. Kentucky…
The stock of SpaceX continues its consolidation phase on the New York Stock Exchange one week after its Nasdaq listing. Samuel Boivin | Nurphoto | Getty Images SpaceX‘s sharp pullback from its post-IPO record high is doing little to embolden short sellers reluctant to bet against CEO Elon Musk, even as the shares have shed…
State Representative Claire Valdez, a Democrat from New York and US House candidate, from left, Brad Lander, former New York City comptroller and US Democratic House candidate for New York, Zohran Mamdani, mayor of New York, and Darializa Avila Chevalier, US Democratic House candidate for New York, during a “Get Out The Vote” rally ahead…
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., exits Los Angeles Superior Court in Los Angeles, California, US, on Wednesday, Feb. 18, 2026. Kyle Grillot | Bloomberg | Getty Images Meta Platforms CEO Mark Zuckerberg has directed staff to create a prediction market platform, according to a New York Times report on Tuesday. Two…
