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Shopify stock slips on light guidance, company notes tariff ‘uncertainty’

by CNBC Markets | May 8, 2025 8:05 pm | US Markets

Shopify said it expects its merchants to have less exposure to President Donald Trump’s sweeping tariffs, while acknowledging there’s “uncertainty ahead.”

Trump to unveil United Kingdom trade deal, first since ‘reciprocal’ tariff pause

by CNBC Markets | May 8, 2025 7:04 pm | US Markets

Trump imposed “reciprocal” tariffs on nearly all other countries, but quickly paused them to allow time to negotiate trade agreements with the United States.

Deutsche Bank steps to the sidelines on this beauty supplier amid tariff concerns

by CNBC Markets | May 8, 2025 5:05 pm | US Markets

Analyst Steve Powers downgraded shares to hold from buy after the company’s weaker-than-expected fiscal third quarter earnings.

Wells Fargo says this ad-tech stock can surge more than 30% after strong earnings report

by CNBC Markets | May 8, 2025 5:05 pm | US Markets

Year to date, shares have slipped more than 6%.

Restaurant Brands earnings miss as Burger King, Popeyes and Tim Hortons post same-store sales declines

by CNBC Markets | May 8, 2025 5:05 pm | US Markets

Restaurant Brands International missed first-quarter earnings and revenue estimates as same-store sales fell at Burger King, Popeyes and Tim Hortons.

Trump says U.S. has struck ‘comprehensive’ deal with UK ahead of press conference

by CNBC Markets | May 8, 2025 4:06 pm | US Markets

“This should be a very big and exciting day for the United States of America and the United Kingdom,” Trump said in a social media post Thursday.

Buy this outperforming mining stock that has more than 20% upside, RBC says

by CNBC Markets | May 8, 2025 4:06 pm | US Markets

Analyst Andrew Wong upgraded shares to outperform from sector perform.

Stock futures are higher after S&P 500 posts first positive day in three following Fed decision: Live updates

by CNBC Markets | May 8, 2025 12:04 pm | US Markets

The three major averages ultimately finished Wednesday higher following the Fed decision in what was a volatile day of trading.

UK set to become the first country to sign a trade deal with U.S., The New York Times reports

by CNBC Markets | May 8, 2025 12:04 pm | US Markets

NYT reported that the details around the deal were not clear, and it was uncertain if both sides will sign a finalized deal or a framework

OpenAI hires Instacart CEO Fidgi Simo as head of applications, reporting to Altman

by CNBC Markets | May 8, 2025 11:00 am | US Markets

OpenAI CEO Sam Altman wrote in a blog post late Wednesday night that the company had named Fidgi Simo, Instacart’s CEO, as its head of applications.

Britain set to become the first country to sign a trade deal with U.S., The New York Times reports

by CNBC Markets | May 8, 2025 9:14 am | US Markets

NYT reported that the details around the deal were not clear, and it was uncertain if both sides will sign a finalized deal or a framework

Apple says Epic Games contempt ruling could cost ‘substantial sums’

by CNBC Markets | May 8, 2025 9:14 am | US Markets

Apple wants a court to pause a decision in its case against Epic Games, and allow it to charge commission on in-app transactions that link out for payment.

Trump pulls surgeon general nominee after questions about medical education

by CNBC Markets | May 8, 2025 3:04 am | US Markets

Former Fox News medical contributor Dr. Janette Nesheiwat had been scheduled to appear Thursday for her confirmation hearing before a Senate committee.

Arm shares drop on weak forecast

by CNBC Markets | May 8, 2025 3:04 am | US Markets

Arm beat on earnings and revenue but issued a disappointing forecast in its quarterly report on Wednesday.

Applovin shares pop on earnings beat as it announces sale of mobile gaming business

by CNBC Markets | May 8, 2025 2:04 am | US Markets

Trump offers to ‘help’ relieve conflict between India and Pakistan

by CNBC Markets | May 8, 2025 2:04 am | US Markets

President Trump called the tension between India and Pakistan on the heels of the massacre in Kashmir “terrible.”

Carvana’s record quarterly results top Wall Street expectations

by CNBC Markets | May 8, 2025 2:04 am | US Markets

Carvana’s first-quarter results easily topped Wall Street’s expectations as the company reported record sales.

CrowdStrike announces 5% job cuts, says AI is ‘reshaping every industry’

by CNBC Markets | May 8, 2025 2:04 am | US Markets

CrowdStrike, which has found gains from artificial intelligence in sales, recruiting and other areas, is cutting about 5% of its workforce.

Trump’s ambassador to China sworn in ahead of high-stakes talks in Switzerland

by CNBC Markets | May 8, 2025 2:04 am | US Markets

Former Sen. David Perdue assumes his posting ahead of a weekend of talks aimed at de-escalating tensions between Washington and Beijing.

Republican candidate in North Carolina Supreme Court race after judge rejects challenge

by CNBC Markets | May 8, 2025 1:06 am | US Markets

The concession comes two days after a judge rejected his effort to invalidate tens of thousands of ballots.
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