By Check out the companies making headlines before the stock market opens. GameStop – Shares jumped more than 4%, extending their gains from Tuesday. The video game retailer has risen four straight days and climbed more than 77% in 2024. Crypto stocks – Stocks linked to the price of bitcoin moved lower as the cryptocurrency slid on Thursday. Shares of bitcoin proxy MicroStrategy fell about 3%, and crypto services provider Coinbase dropped about 2%. Bitcoin miner Riot Platforms pulled back more than 2%. Honda – U.S.-listed shares rose more than 4%, bringing this week’s advance to advance to about 14%, on the heels of merger talks announced at the start of the week with fellow Japanese automaker Nissan. The move also comes amid a rally among Asia-Pacific stocks following a report that Japan’s government is reportedly set to propose a record $735 billion budget. Starbucks – Shares edged down 0.4% after the coffee chain’s workers expanded a strike earlier this week. The holiday work action now affects more than 300 stores in 45 states. American Airlines – The airline fell 0.6% after the Fort Worth-based carrier was forced to temporarily halt flights on Tuesday morning due to a computer glitch that caused a systemwide ground stop. American ended Tuesday 0.6% higher. — CNBC’s Alex Harring and Jesse Pound contributed reporting.
- Spike in UK borrowing costs raises specter of public spending cuts
- Spike in UK borrowing costs raises specter of public spending cuts
- Spike in UK borrowing costs raises specter of public spending cuts
- Spike in UK borrowing costs raises specter of public spending cuts
- Spike in UK borrowing costs raises specter of public spending cuts
- Trump lashes out at Biden, DEI efforts after D.C. plane crash
- Trump accuses Fed, Powell of creating inflation on heels of rate decision
- Trump says he will send migrants to Guantanamo Bay
- Trump files formal notice of plan to appeal hush money conviction
- White House rescinds federal funds freeze memo
