Stocks making the biggest moves midday: Amgen, Uber, Lyft, Zscaler and more

In this article META AMGN WBA LVS LEG WYNN ZS NFLX Follow your favorite stocksCREATE FREE ACCOUNT A sign marks a rendezvous location for Lyft and Uber users at San Diego State University in San Diego, California, May 13, 2020. Mike Blake | Reuters Check out the companies making headlines in midday trading. Amgen —…

Stocks making the biggest moves premarket: Zscaler, BlackRock, Roblox and more

Here are the companies making headlines before the bell: Angi (ANGI) – Angi shares added 2% in premarket trading after the online home services company named Joey Levin as CEO, replacing Oisin Hanrahan. Levin is currently the CEO of Angi parent company IAC and will continue in that role as well as running Angi. Leggett…

Fed’s Evans says fighting inflation is the top priority even if that means job losses

Chicago Federal Reserve President Charles Evans said the central bank is holding fast in its commitment to bring down inflation even if it means people losing their jobs. Speaking three weeks before the Fed is expected to approve its fourth consecutive 0.75 percentage point interest rate increase, the central bank official told CNBC he hopes…

Here’s how uber-rich pass wealth to heirs tax-free when markets are down

Brand New Images | Stone | Getty Images A lousy stock market is often no reason for investors to cheer. But for the uber-rich, it may offer a route to lower estate taxes down the road. That’s because one type of trust gives them better odds of shifting some wealth to their children, grandchildren or…

Chinese chip stocks tumble after U.S. calls for new curbs on high-end tech

A worker at a chips factory in Chongqing, China, on March 30, 2022. Future Publishing | Future Publishing | Getty Images BEIJING — Chinese chip stocks fell Monday after the U.S. announced new export controls aimed at limiting Beijing’s ability to produce advanced military systems. The sweeping rules mean companies must apply for a license…

China’s top leaders are set for a reshuffle. Here are the names to watch

China’s top leadership team around President Xi Jinping is set to change this month at a twice-a-decade congress. Pictured here is the last such congress in 2017, with Xi at the center. Nicolas Asfouri | Afp | Getty Images BEIJING — China is poised to reshuffle the top officials surrounding President Xi Jinping at a…

Credit Suisse to buy back $3 billion in debt, sell landmark hotel as credit fears persist

In this article .BBKA CSG.N-CH Follow your favorite stocksCREATE FREE ACCOUNT Signage hangs over the entrance of a Credit Suisse Group AG branch in Zurich, Switzerland, on Sunday, Sept. 25, 2022. Inflation in Switzerland has more than doubled since the start of the year and the State Secretariat for Economic Affairs expects it to come…

Are ESG ETFs a gimmick? The debate surrounding the transparency and social agendas of sustainable investing

In this article 1315-HK Follow your favorite stocksCREATE FREE ACCOUNT ESG – environmental, social and governance – is one of the hottest trends in the investing world, but some investors are calling it a gimmick. ESG is a new industry of funds launched by companies like BlackRock, Vanguard and Fidelity that are invested in companies…

Visa partners with FTX in a bet that shoppers still want to spend cryptocurrencies in a bear market

In this article V Follow your favorite stocksCREATE FREE ACCOUNT Visa payment cards laid out on a computer keyboard. Matt Cardy | Getty Images Visa is betting that crypto investors still want to spend their digital currencies, even as prices plummet this year. The payments giant is teaming up with global exchange FTX to offer…

Stocks making the biggest moves premarket: AMD, Levi Strauss, DraftKings and more

In this article AMD CVS DKNG AMBC CSG.N-CH Follow your favorite stocksCREATE FREE ACCOUNT Here are the companies that are making headlines before the bell: Advanced Micro Devices (AMD) – AMD slid 5.3% in the premarket after cutting its sales forecast. The chipmaker said it is being hit by a larger than expected slump in…

Stocks making the biggest moves midday: CVS, Credit Suisse, AMD, Lyft and more

In this article AMD U AMBC LEVI Follow your favorite stocksCREATE FREE ACCOUNT Omar Marques | LightRocket | Getty Images Check out the companies making headlines in midday trading Friday. Ambac Financial Group – Shares of the municipal bond insurer shot up 13.2% on news of settlements with Bank of America that would bring Ambac…

$570 million worth of Binance’s BNB token stolen in another major crypto hack

In this article BNB.CM= Follow your favorite stocksCREATE FREE ACCOUNT Binance is the world’s largest crypto exchange by trading volume. Jakub Porzycki | Nurphoto | Getty Images Cryptocurrency exchange Binance temporarily suspended its blockchain network after hackers made off with around $570 million worth of its BNB token. Binance said late Thursday a cross-chain bridge…