‘We have these two markets’

Wharton School Professor Jeremy Siegel is uncertain whether the "Magnificent Seven" companies can continue to enjoy the run they've had, and expects the other sectors could start to outperform. "We have these two markets. We have the Mag Seven, which is ex- Tesla is selling for 30, 35, and...

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Trump aims at ‘wasteful’ spending by ordering end to penny production

U.S. President Donald Trump meets with Japan's Prime Minister Shigeru Ishiba (not pictured) at the White House in Washington, U.S., Feb. 7, 2025. Kent Nishimura | ReutersPresident Donald Trump ordered a halt to the production of new pennies, which he said will help reduce "wasteful" government spending."For far too...

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GM, TSN, TGI and more

Check out the companies making headlines in midday trading: Stocks moving on tariffs — U.S. stocks are off their lows after the U.S. and Mexico said tariffs against the latter country would be delayed for one month. Initially, stocks dropped on tariffs announced over the weekend against key trading...

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NFLX, UAL, IBKR and more

Check out the companies making headlines in extended trading. Netflix — Shares soared more than 13% after the streaming giant surpassed 300 million paid memberships . Netflix also beat fourth-quarter expectations on the top and bottom lines, and it raised its revenue expectations for the full year 2025. United...

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