Merck tops quarterly estimates, posts modest 2026 guidance as generic competition looms
Merck posted a modest 2026 outlook that fell short of estimates, as it prepares for some drugs to go off patent later this year and face generic competition.
S&P 500 tumbles nearly 1% as investors rotate out of tech, Dow slides more than 160 points: Live updates
The broad market index fell on Tuesday as investors sold their tech shares.
PepsiCo’s drink sales are improving, and it’s planning to cut snack prices
PepsiCo reported fourth-quarter earnings and revenue that topped Wall Street’s estimates.
Trump refuses to be outdone by Europe, signing his own U.S.-India trade deal
The U.S. deal comes after global trading partners have been signing trade pacts, leaving America looking ostracized and more isolated.
Palantir stock rallies after company beats earnings estimates
The rise comes on the back of months of decline for the stock.
Rare earth stocks jump after Trump launches $12 billion critical minerals stockpile
The moves come shortly after President Donald Trump announced the establishment of a U.S. critical mineral reserve.
‘Devil in the details’: India-U.S. deal raises hopes for a reset — but the fine print remains unclear
The U.S. and India have finalized a trade deal on Monday after months of negotiations, steadying a relationship that had plummeted to its lowest point in decades.
CNBC Daily Open: Asia markets and precious metals rebound amid Trump’s trade deal with India
As part of the deal, New Delhi will “BUY AMERICAN” at “a much higher level,” and stop buying oil from Russia, according to Trump.
Nintendo keeps Switch 2 forecast as device sales pass 17 million units
Investors are weighing the impact of rising memory prices and the strength of Nintendo’s games pipeline ahead of the Switch 2.
European stocks end flat as UK mining giants rise on metals rebound
European stocks ended flat Tuesday as global markets settled following a short-lived sell-off in cryptocurrencies and precious metals.
