Hakyung Kim

1 week ago | cnbc.com | Hakyung Kim

Despite the dollar's slide to a multi-year low, Piper Sandler says it's still confident on the currency. The dollar index , which measures the greenback against a basket of major currencies, fell last week to its lowest point since April 2022 amid heightened uncertainty from President Donald Trump's tariffs. Since the start of the month, the yen and the euro have each strengthened more than 4% relative to the dollar.

1 week ago | cnbc.com | Hakyung Kim

Check out the companies making headlines in midday trading. HP Enterprise - The cloud services company saw shares jump 5% after news that Elliott Management has taken a $1.5 billion stake in the company. Elliott Management hopes to engage the company in discussions on how to improve shareholder value, a person familiar with the matter told CNBC.

1 week ago | cnbc.com | Hakyung Kim

Continuing market volatility from President Donald Trump's evolving tariff policies will create some buying opportunities for investors, according to Morgan Stanley chief investment officer and chief U.S. equity strategist Mike Wilson. "People ... in my view, should be looking to buy weakness over the next two months as we retest these levels on this uncertainty," Wilson said.

1 week ago | cnbc.com | Hakyung Kim

Check out the companies making headlines before the bell. Goldman Sachs — The investment bank gained nearly 2% after reporting a top- and bottom-line beat in the first quarter. Goldman Sachs posted earnings of $14.12 per share while analysts had called for $12.35, according to LSEG. Revenue of $15.06 billion also beat consensus expectations for $14.81 billion. Pfizer — Shares were down slightly in the premarket after the company said it would halt development of its daily weight loss pill.

1 week ago | nbcchicago.com | Hakyung Kim |Erin Doherty

• Smartphones and computers will be exempted from Trump's reciprocal tariffs. • Trump earlier this month imposed 145% tariffs on products from China, a move that was poised to take a toll on tech companies like Apple, which makes most of its other products in China. • The guidance also includes exclusions for other electronic devices and components, including semiconductors, solar cells, flat panel TV displays, flash drives, memory cards and solid-state drives used for storing data.