‘Stay calm’ and ‘this is the new normal’: What banking CEOs are saying about the global market sell-off
Investors are reeling from President Trump’s new tariffs threat, with markets in the U.S., Europe and Asia facing hefty losses.
Tech stocks lead Wall Street sell-off as tensions over Greenland escalate
Tech stocks led declines Tuesday as renewed trade rhetoric tied to Greenland fueled a risk-off move across U.S. markets.
3M forecasts annual profit below estimates amid sluggish consumer demand
Weak demand in the U.S., softer retail markets and discretionary spending pressures continued to weigh on the company’s consumer segment.
Netflix makes amended all-cash offer for Warner Bros. Discovery’s studio and streaming businesses, wins board support
Netflix would pay Warner Bros. shareholders $27.75 per share in cash for the film and television studios, its library and the HBO Max streaming service.
Solstice was spun off from Honeywell in October. RBC is bullish on the stock’s future
The bank upgraded the chemicals stock to outperform.
Energy costs will decide which countries win the AI race, Microsoft’s Nadella says
The Big Tech boss also said Europe needs to have more of a global outlook to be successful.
Trump is showing the world the U.S. is ‘back,’ Scott Bessent tells CNBC as Greenland tensions ratchet up
President Donald Trump’s bid to acquire Greenland is ‘not something new,’ said U.S. Treasury Secretary Scott Bessent, speaking to CNBC.
U.S. 30-year Treasury yield jumps as trade war fears reignite
U.S. Treasury yields spiked Tuesday, after President Donald Trump aimed fresh tariff threats at European leaders.
IMF boss has a blunt message for Europe: ‘Get your act together’
European leaders are reportedly weighing up potential responses to fresh tariff threats from the White House.
Novartis could have a U.S. deal that shields it from tariffs, CEO tells CNBC
The continent’s pharma sector could be one of its worst hit by Trump’s latest tariffs on some European countries.
