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Stocks making the biggest moves premarket: Starbucks, AES, Verona Pharma, UnitedHealth & more
Stocks making the biggest moves premarket: Starbucks, AES, Verona Pharma, UnitedHealth & more

CNBC

time09-07-2025

  • Business
  • CNBC

Stocks making the biggest moves premarket: Starbucks, AES, Verona Pharma, UnitedHealth & more

Check out the companies making headlines before the opening bell: Starbucks – Shares of the coffee chain jumped almost 2% after CNBC reported that Starbucks China has drawn bids for a potential stake sale that value the subsidiary at up to $10 billion. While shortlisting could be done in two months, the deal itself likely won't be completed by the end of this year. AES – The stock jumped nearly 14% following a Bloomberg report that the energy company was exploring a potential sale amid interest from infrastructure investors. Verona Pharma — Shares surged 20% after Merck bought UK-based Verona Pharma in a roughly $10 billion deal to expand its respiratory treatment portfolio. Merck shares ticked slightly higher. UnitedHealth — The health insurer saw shares dipping more than 1% after The Wall Street Journal reported the Justice Department's criminal healthcare-fraud unit is investigating the company's Medicare billing practices, citing people familiar with the matter. SolarEdge Technologies — The solar stock fell more than 2% in premarket after Goldman Sachs downgraded the name to neutral from buy, citing general market uncertainty across the residential sector. Mobileye Global — The autonomous driving company's shares declined nearly 2% after an Intel subsidiary announced it will unload 45 million shares of Mobileye Global in an underwritten secondary public offering. WPP — Shares of the advertising company sank nearly 16% after WPP said there has been a "deterioration in performance" during its second quarter. The company lowered its full-year guidance for revenue, less pass-through costs, and operating profit margin, with both now set to decline year over year. Bloom Energy — The energy stock jumped more than 6% after a JPMorgan upgrade to overweight from neutral. The bank said Bloom Energy could benefit from President Donald Trump's recently signed tax bill. — CNBC's Sean Conlon, Michele Fox, Sarah Min and Jesse Pound contributed reporting.

Asia-Pacific markets mostly set to open higher after Wall Street gains on strong jobs report
Asia-Pacific markets mostly set to open higher after Wall Street gains on strong jobs report

CNBC

time03-07-2025

  • Business
  • CNBC

Asia-Pacific markets mostly set to open higher after Wall Street gains on strong jobs report

The skyline of Yokohama with the Landmark Tower, Queen's Square and the ferries wheel with the Aka-Rengo Soko warehouse on a beautiful day. Juergen Sack | E+ | Getty Images Most Asia-Pacific markets are set to climb on Friday, trailing gains on Wall Street after a better-than-expected jobs report eased investors' concerns of a slowdown in the U.S. economy. Japan's benchmark Nikkei 225 was set to open higher, with the futures contract in Chicago at 40,095 while its counterpart in Osaka last traded at 40,120, against the index's Thursday close of 39,785.90. Futures for Hong Kong's Hang Seng index stood at 23,991, pointing to a lower open compared to the HSI's last close of 24,069.94. Australia's S&P/ASX 200 is slated to open higher with futures tied to the benchmark at 8,611 compared to its last close of 8,595.80. — CNBC's Sean Conlon and Lisa Kailai Han contributed to this report. Good morning from Singapore. Asia-Pacific markets were set to mostly climb Friday after trading mixed the day before. Japan's benchmark Nikkei 225 was set to open higher, with the futures contract in Chicago at 40,100, while its counterpart in Osaka last traded at 40,120, against the index's Thursday close of 39,785.90. Futures for Hong Kong's Hang Seng index stood at 23,991, pointing to a weaker open compared to the HSI's last close of 24,069.94. Australia's S&P/ASX 200 is slated to open higher with futures tied to the benchmark at 8,611 compared to its last close of 8,595.80. — Amala Balakrishner

Asia-Pacific markets set to open higher as investors assess Israel-Iran conflict; BOJ rate decision on tap
Asia-Pacific markets set to open higher as investors assess Israel-Iran conflict; BOJ rate decision on tap

CNBC

time16-06-2025

  • Business
  • CNBC

Asia-Pacific markets set to open higher as investors assess Israel-Iran conflict; BOJ rate decision on tap

Sunset at Shinjuku , Tokyo - Japan. Xavierarnau | E+ | Getty Images Asia-Pacific markets were set open slightly higher Tuesday, as investors hope the Israel-Iran conflict might remain contained with Tehran reportedly signaling readiness to negotiate. Investors await the Bank of Japan's policy verdict, with the BOJ expected to stand pat on interest rates at 0.5% in the face of an uncertain trade climate, as it concludes its two-day policy meeting later in the day. Japan's benchmark Nikkei 225 was set to open higher, with the futures contract in Chicago at 38,575 while its counterpart in Osaka last traded at 38,570, against the index's Monday close of 38,311.33. Futures for Hong Kong's Hang Seng index stood at 24,096 pointing to a stronger open compared to the HSI's last close of 24,060.99. Australia's S&P/ASX 200 is slated to start the day slightly higher with futures tied to the benchmark at 8,565 compared to its last close of 8,548.40. U.S. stock futures fell in early Asian hours as investors continued to assess the developments around the Israel-Iran conflict. Overnight stateside, all three key benchmarks rose on hopes for a positive resolution to the Middle East conflict. The Dow Jones Industrial Average rose 317.30 points, or 0.75%, closing at 42,515.09. Meanwhile, the S&P 500 advanced 0.94% to end at 6,033.11, while the Nasdaq Composite surged 1.52% and settled at 19,701.21. — CNBC's Sean Conlon and Alex Harring contributed to this report.

Iconic ‘90s Boy Band Reunites on Stage for the First Time in 25 Years
Iconic ‘90s Boy Band Reunites on Stage for the First Time in 25 Years

Yahoo

time10-06-2025

  • Entertainment
  • Yahoo

Iconic ‘90s Boy Band Reunites on Stage for the First Time in 25 Years

Iconic '90s Boy Band Reunites on Stage for the First Time in 25 Years originally appeared on Parade. Ask any millennial woman today, and she'd likely tell you her wall was plastered with boy band posters throughout the late '90s and early 2000s. While there is no denying the star power of groups like N'SYNC, Backstreet Boys and so many others, one that flew slightly under the radar was the beloved group Five (formerly styled as 5ive). The group formed in 1997 and released their debut single 'Slam Dunk (Da Funk)' just a year later. Comprised of five members Sean Conlon, Scott Robinson, Ritchie Neville, Abz Love, and Jason 'J' Brown, they released several hits before calling it quits in they cited reasons like mental health struggles and personal disagreements, all of that seems to be in the past as the group made a surprise reunion thanks to Robbie Williams (of Take That fame) during his performance at Emirates Stadium. 'I don't remember the words to this next bit," joked Williams. "I wonder if anybody can help me out. Ladies and gentlemen the first time they've been seen on stage for 25 years. My mates. Five!' Fans say they gave an "electric performance" of their hit 'Keep On Movin'.' "I can't begin to tell you how happy this made me," wrote one excited fan. "Thank you guys for getting back together." And if you missed the performance over the weekend, don't fret. The group is taking their act on the road this fall in the UK, which could (hopefully) mean a run for the U.S. is in the works, '90s Boy Band Reunites on Stage for the First Time in 25 Years first appeared on Parade on Jun 9, 2025 This story was originally reported by Parade on Jun 9, 2025, where it first appeared.

Robbie Williams reunites all the members of Five for the first time in 25 years
Robbie Williams reunites all the members of Five for the first time in 25 years

News.com.au

time09-06-2025

  • Entertainment
  • News.com.au

Robbie Williams reunites all the members of Five for the first time in 25 years

Robbie Williams has reunited all the members of the British boyband Five for the first time in a whopping 25 years. The 90s pop group came together to perform onstage with Williams at his Stadium show at Wembley in London over the weekend. At the Emirates Stadium, the '90s boy band, comprised of Ritchie Neville, Scott Robinson, Sean Conlon, Abz Love, and J Brown, performed their 1995 hit Keep On Movin'. Williams started to sing the song himself before telling the sold out crowd: 'I don't remember the words to this next bit. I wonder if anybody can help me out. Ladies and gentlemen, the first time they've been seen on stage for 25 years. My mates. Five!' The shows mark their first full tour together as a complete line-up since their early 2000s split. 'Reconnecting as a 5 has been special. We're ready. It's time,' said Robinson. 'Wow, what an honour to be asked by Robbie Williams to join him on stage at his London stadium show. Rob has been such a big supporter of ours, from the early days through to the comeback, so when he reached out to ask whether we'd come out on stage for his performance of Keep On Movin', it was the EASIEST yes,' the band later told fans on social media. They added: 'To get to share that moment with Robbie in front of 60k people was crazy … definitely a version of Keep On Movin' we'll never forget.' The surprise appearance was more than a one-off — Five officially announced their 2025 Keep On Movin' UK tour, a 25-date arena run kicking off October 29 in Cardiff, UK. Williams' latest tour follows the release of his biopic, Better Man, which became one of the biggest cinematic flops ever when it was released last December. Despite a warm reception from reviewers, the film – produced for a whopping $179 million – failed to make an impression upon its release. 'Robbie Williams played by a digitally animated chimpanzee [is] an outlandish choice. For anyone complaining that the industry plays it too safe, this is your movie,' David A. Gross, who runs the movie consulting firm Franchise Entertainment Research, told Variety. 'The risk-taking is excellent, but $110 million is not realistic for the genre and for this musical artist. $25 to $30 million would have made more sense.'

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