Stocks making the biggest moves premarket: Tesla, Centene, JPMorgan, Cava and more

Check out the companies making headlines before the bell. Tesla — Shares of the electric vehicle maker jumped about 5% after second-quarter vehicle deliveries came in better than feared. Tesla delivered 384,000 vehicles during the period, a 14% decline from a year ago. The number was still shy of analyst estimates of 387,000 deliveries, according…

Big banks all pass the Federal Reserve’s stress tests, but the tests were less vigorous this year

U.S. Federal Reserve Chair Jerome Powell attends a press conference following the issuance of the Federal Open Market Committee’s statement on interest rate policy in Washington, D.C., U.S., June 18, 2025. Kevin Mohatt | Reuters All the major banks passed the Federal Reserve‘s annual “stress tests” of the financial system, the central bank said Friday,…

Corporate layoffs have ramped up in recent weeks. Here are the companies making cuts

Mathisworks | Digitalvision Vectors | Getty Images While the government cost-cutting initiative known as the Department of Government Efficiency, which resulted in thousands of federal job cuts, winds down, mass layoffs are still roiling corporate America. Companies are under increasing pressure to trim costs against the backdrop of global economic uncertainty brought on by President…

At Trump’s $148 million meme coin dinner, ‘the food sucked’ and security was lax

Crypto investor and $TRUMP token holder, Nicholas Pinto, attends gala dinner for contest winners. Nicholas Pinto The price of President Donald Trump‘s meme coin plunged 16% as of Friday morning, just hours after he hosted a black-tie gala at his Virginia golf club for its biggest buyers — an elite crowd that spent a combined…

How a Schroders fund manager doubled returns on a ‘rubbish’ stock in 3 months

No stock is off the table for Simon Adler, a value investor at Schroders. “We are happy to buy the worst business you have ever conceived, provided it is cheap enough,” Adler told the Value Investor conference of fund managers in London on Wednesday. Adler co-manages the Global Recovery, Global Income and Global Sustainable Value…