Iran is ready to sign a nuclear deal with certain conditions with President Donald Trump in exchange for lifting economic sanctions, a top adviser to Iran’s supreme leader told NBC News on Wednesday. Ali Shamkhani, a top political, military and nuclear adviser to Iranian Supreme Leader Ayatollah Ali Khamenei, is one of the most senior Iranian officials to speak publicly about the ongoing discussions. He said Iran would commit to never making nuclear weapons, getting rid of its stockpiles of highly enriched uranium which can be weaponized, agree to only enrich uranium to the lower levels needed for civilian use, and allow…
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NVIDIA CEO Jensen Huang and U.S. President Donald Trump shake hands at an ‘Investing in America’ event in Washington, D.C., U.S., April 30, 2025. Leah Millis | Reuters The “Magnificent Seven” group of stocks — comprising Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia and Tesla — drove much of the S&P 500’s sterling 23.31% gain in 2024.They have also been some of the hardest stocks hit by U.S. President Donald Trump’s tariffs. Those that rely heavily on global supply chains and export markets, such as Apple and Nvidia, suffered the most. By contrast, Meta and Microsoft, which derive more of…
Joe Feldman, Telsey Advisory Group, joins ‘Fast Money’ to talk what to expect from Walmart’s quarterly results. Source link
President Donald Trump brushed off questions Wednesday over ethical concerns about the growing Middle East footprint of his family business, as his trip in the region takes him to three countries with Trump-branded ventures.On Wednesday, Trump told reporters on Air Force One that he didn’t know how an Emirati-backed firm had struck a deal with the Trump family company’s digital coin for $2 billion.”I really don’t know anything about it,” Trump said, adding that he is a big cryptocurrency fan and if the U.S. doesn’t lead in crypto and AI, China will. Zach Witkoff, a co-founder of the World Liberty Financial crypto venture and the son of the president’s Middle East…
Elon Musk speaks during a campaign rally for Republican presidential nominee and former U.S. President Donald Trump at Madison Square Garden in New York City on Oct. 27, 2024.Anna Moneymaker | Getty ImagesElon Musk’s America PAC didn’t keep its promise to pay swing state voters who signed a pro-Trump petition ahead of the 2024 election, and who enlisted others to do the same, a new lawsuit alleges.The case, a proposed national class action suit, was filed within the last week in a federal court in the Eastern district of Pennsylvania, a state that was viewed as critical to Donald Trump’s…
Russia on Wednesday released a list of officials who will attend peace talks with Ukraine in Turkey. But a key person was missing: President Vladimir V. Putin.The absence on the list of the Russian leader, who ordered the full-scale invasion of Ukraine in 2022 that began the war, was a strong indication that Mr. Putin would not come face to face this week with President Volodymyr Zelensky of Ukraine, who has called him a murderer. The Kremlin said Mr. Putin himself had signed off on the delegation.President Trump, who had begun pushing for peace talks before he took back the…
A hot streak for gold helped fuel a strong start to the year for Greenlight Capital, and hedge fund manager David Einhorn said Wednesday he still sees more upside for the yellow metal.The price of spot gold has surged more than 20% this year, with most of those gains coming in the first quarter. Einhorn, the president of Greenlight, told CNBC’s Scott Wapner that his long-term case for gold is still intact and that the commodity can continue to go higher. “Gold is about the confidence in the fiscal policy and the monetary policy. And since we bought gold in…
CNBC’s Leslie Picker joins ‘Fast Money’ with the latest from the Sohn conference. Source link
Bloomberg | Bloomberg | Getty ImagesThe U.S. Department of Justice (DOJ) is investigating UnitedHealth Group for possible Medicare fraud, the Wall Street Journal reported on Wednesday.While the exact nature of the criminal allegations are unclear, the Journal said, citing people familiar with the matter, the probe by the healthcare-fraud unit of the DOJ’s criminal division is active since at least last summer.Reuters could not immediately confirm the details of the report.The company’s stock fell 6.7% in after-hour trade following the WSJ report.In February, the Journal had reported a civil fraud investigation by the DOJ into the company’s practices for recording diagnoses that triggered extra payments…
Pedestrians walk by an advertisement for Klarna.Daniel Harvey Gonzalez | In Pictures via Getty ImagesKlarna CEO Sebastian Siemiatkowski said the company has managed to shrink its headcount by about 40%, in part due to investments in artificial intelligence and natural attrition in its workforce.”The truth is, the company has shrunk from about 5,000 to now almost 3,000 employees,” Siemiatkowski told CNBC’s “Power Lunch” on Wednesday. “If you go to LinkedIn and look at the jobs, you’ll see how we’re shrinking.”The Swedish fintech provider has been outspoken about its aggressive adoption of AI tools across the company, while touting the productivity…
