Traders are rushing for the exits on Alphabet to try to preserve any profit they have left in the struggling technology bellwether, explains Steve Grasso.

#alphabet

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Business & Economy

2w ago

New research examines how GLP-1 drugs could affect the labor market

Weight-loss drugs like Ozempic and Wegovy are becoming increasingly popular among Americans, but their impact could extend well beyond personal health. New research suggests that GLP-1s could influence everything from hiring decisions to workplace productivity. Meanwhile, employers are facing questions about whether covering these expensive medications is worth the cost, and whether the potential benefits for their workforce justify the investment.

#glp

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Third-quarter U.S. GDP increases a better-than-expected 3.4% as September inflation accelerates

Business & Economy

2w ago

Third-quarter U.S. GDP increases a better-than-expected 3.4% as September inflation accelerates

The personal consumption expenditures price index was projected to increase 0.5% in September for an annual rate of 3.7%, according to the Dow Jones consensus.

#gdp #inflation #dow

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Stocks making the biggest moves premarket: Alphabet, Caterpillar, Eli Lilly, DoorDash & more

Business & Economy

2w ago

Stocks making the biggest moves premarket: Alphabet, Caterpillar, Eli Lilly, DoorDash & more

These are the stocks posting the largest moves in the premarket.

#alphabet #caterpillar #eli-lilly

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Warren urges DOJ criminal probe of Bank of America over anti-money-laundering violations

Business & Economy

2w ago

Warren urges DOJ criminal probe of Bank of America over anti-money-laundering violations

Warren asked the DOJ to disclose by Nov. 12 whether it has launched a criminal investigation into Bank of America after it admitted to violations.

#doj #warren #usa

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Alphabet drags on Nasdaq futures as the stock faces a record post-earnings loss

Business & Economy

2w ago

Alphabet drags on Nasdaq futures as the stock faces a record post-earnings loss

Concerns rise that the Google-parent is taking a hit from AI competition

#alphabet #nasdaq #google

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Alphabet's third-quarter results missed expectations. They led one analyst to downgrade the stock

Business & Economy

2w ago

Alphabet's third-quarter results missed expectations. They led one analyst to downgrade the stock

Alphabet sold off following a lackluster third-quarter financial report, raising questions on Wall Street about what's next for the tech giant as the artificial intelligence revolution continues.

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Treasury yields ease after Federal Reserve rate hold

Business & Economy

2w ago

Treasury yields ease after Federal Reserve rate hold

U.S. Treasury yields fell on Thursday morning, a day after the Federal Reserve's October meeting that saw the central bank hold its key interest rate steady.

#rastra-bank #interest-rates #treasury

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President of the European Central Bank Christine Lagarde to stand down in February

Business & Economy

2w ago

President of the European Central Bank Christine Lagarde to stand down in February

European Central Bank said on Thursday that President Christine Lagarde will step down from her role on Feb. 7 next year.

#rastra-bank #europe #lagarde

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ECB set to hold rates, but how long can it sit tight?

Business & Economy

2w ago

ECB set to hold rates, but how long can it sit tight?

The European Central Bank is widely expected to keep rates on hold at its October meeting. But with inflation running nearly double the target rate and France facing a fiscal crisis, watchers will be eyeing any clues on whether the ECB is readying a hike when it meets again in December. CNBC's Annette Weisbach reports from Frankfurt.

#rastra-bank #ecb

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Trump methane policy rollback may have minimal impact on crude prices, EPA says

Business & Economy

2w ago

Trump methane policy rollback may have minimal impact on crude prices, EPA says

The EPA projects Trump’s methane rollback would only lower 2027 U.S. crude prices 11 cents a barrel, while lifting domestic oil output 0.09%.

#trump #epa #zeldin

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