Mizuho’s Jared Holz joins ‘Fast Money’ to talk what is next for Novo Nordisk as the stock struggles. Source link
Author: usaeverydaylife
The latest tariff escalation from President Donald Trump rattled Wall Street on Friday, but the relatively muted decline for stocks might be a sign that the market is somewhat stuck until there is greater official clarity. Paul Christopher, head of global investment strategy at Wells Fargo Investment Institute, said in a note that Friday’s comments by the president showed that tariffs “remain material risks” to the market, but not enough to justify bailing out of stocks. “The uncertainty is likely to promote range trading, and we favor neither chasing rallies nor selling on weakness,” Christopher wrote. Plenty of traders seemed…
‘Fast Money’ trader Mike Khouw talks options action around Nvidia ahead of earnings, Source link
CNBC’s Jim Cramer on Friday guided investors through next week on Wall Street, saying quarterly reports from Nvidia, Costco, Dell and Salesforce have the potential to move their respective sectors and the rest of the market.He also warned that stocks’ performance can depend on action from President Donald Trump.”We’re headed into a fickle week, one that will no doubt be punctuated with presidential postings about our trading partners, their intransigence, their negligence, their perfidiousness,” he said. “Of course, the market ultimately shrugged off the real negative postings from this morning and, instead, focused on the endless obsession, the ten-year, which was…
The ‘Fast Money’ traders take viewer questions. Source link
A “Save Medicaid” sign is affixed to the podium for a House Democrats’ press event to oppose the Republicans’ budget, on the House steps of the Capitol, Feb. 25, 2024.Bill Clark | Cq-roll Call, Inc. | Getty ImagesHistoric spending cuts to Medicaid health coverage and to SNAP, formerly known as food stamps, are included in the budget package passed by the House of Representatives on Thursday.Now, it is up to the Senate to consider the changes — and to perhaps propose its own.As it stands, the legislation — called the “One Big Beautiful Bill Act” — would slash Medicaid spending…
A Zoox autonomous robotaxi in San Francisco, California, US, on Wednesday, Dec. 4, 2024. David Paul Morris | Bloomberg | Getty ImagesAmazon’s Zoox robotaxi unit issued a voluntary recall of its software for the second time in a month following a recent crash in San Francisco.On May 8, an unoccupied Zoox robotaxi was turning at low speed when it was struck by an electric scooter rider after braking to yield at an intersection. The person on the scooter declined medical attention after sustaining minor injuries as a result of the collision, Zoox said.”The Zoox vehicle was stopped at the time…
President Donald Trump’s latest tariff threat once again highlighted the challenge for investors eager to move on from a global trade war that can reassert itself at any moment. Stocks dropped Friday , after Trump in a Truth Social post said he would slap a 50% tariff on the European Union starting June 1, while separately warning Apple that it would have to start paying a 25% levy on iPhones not made in the U.S. The Dow Jones Industrial Average ended the day down by 256 points, or 0.6%; it tumbled as much as 505 points, or 1.2%, earlier in…
The final trades of the day with CNBC’s Melissa Lee and the Fast Money traders. Source link
Omar Marques | Lightrocket | Getty ImagesAnthropic on Thursday said it activated a tighter artificial intelligence control for Claude Opus 4, its latest AI model.The new AI Safety Level 3 (ASL-3) controls are to “limit the risk of Claude being misused specifically for the development or acquisition of chemical, biological, radiological, and nuclear (CBRN) weapons,” the company wrote in a blog post.The company, which is backed by Amazon, said it was taking the measures as a precaution and that the team had not yet determined if Opus 4 has crossed the benchmark that would require that protection.Anthropic announced Claude Opus…
