Traders work on the floor of the New York Stock Exchange during morning trading on September 04, 2024 in New York City. Michael M. Santiago | Getty ImagesStocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox.Here’s what CNBC TV’s producers were watching during Tuesday’s trading and what’s on the radar for the next session.The FedStock Chart IconStock chart iconThe U.S. 10-year Treasury yield in 2024Housing in the U.S.A.The face of fear”Fast Money” did a good bit led by chartmaster…
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United Auto Workers (UAW) President Shawn Fain speaks during a campaign event for U.S. Vice President and Democratic presidential candidate Kamala Harris and Democratic vice presidential candidate, Minnesota Governor Tim Walz, at the United Auto Workers (UAW) Local 900 in Wayne, Michigan, U.S., August 8, 2024.Elizabeth Frantz | ReutersThe United Auto Workers union plans to hold strike authorization votes at one or more of its Stellantis locals in the coming days, union president Shawn Fain said on Tuesday, which could lead to a disruptive walkout against the Jeep maker.The UAW leader has in recent months called out Stellantis CEO Carlos…
Every contending team has star players, but they also have those special players who often fly under the radar yet are indispensable to a team’s success during a playoff run. These players have intangibles that aren’t always seen by the public, and with the focus mostly on stars, they often get overlooked, particularly outside their local market. It’s time to give them the national recognition they deserve. As I’ve done for the past three seasons, I touched base with front-office executives and managers across MLB to hear their thoughts on these key players. So, who is the most underrated, yet…
A tugboat pushes a barge near the United States Steel Corp. Clairton Coke Works facility in Clairton, Pennsylvania, US, on Monday, Sept. 9, 2024. Justin Merriman | Bloomberg | Getty ImagesCFIUS, the Committee on Foreign Investment in the United States, that is reviewing a bid by Japan’s Nippon Steel to buy U.S. Steel has granted a request from the Japanese company to refile its takeover application, a person familiar with the matter said on Tuesday.CFIUS needs more time to understand the impact of national security and engage with the parties, the person added. Source link
Mark Zandi, Moody’s, joins ‘Fast Money’ to talk what he would like to see from the Federal Reserve moving forward. Source link
Google-parent Alphabet has long been an investor favorite among tech stocks, but one portfolio manager says he’s now steering clear. “We’ve been big fans of Alphabet’s Google now for many years. However, we think with the introduction of AI, SearchGPT has become a direct competitor to Google[‘s] search business,” Jordan Cvetanovski, from Sydney-headquartered Pella Funds, said, adding that its advertising business is also under threat. SearchGPT is a prototype developed by the Microsoft -backed OpenAI which combines traditional features of a search engine with generative AI. Speaking to CNBC’s “Street Signs Asia” on Monday, Cvetanovski, Pella Funds’ founder, chief investment…
Mashabuba | Getty | Getty ImagesThe video was seen millions of times across social media but some viewers were suspicious: It featured a young Black woman who claimed Vice President Kamala Harris left her paralyzed in a hit-and-run accident in San Francisco 13 years ago.In an emotional retelling from a wheelchair, the alleged victim said she “cannot remain silent anymore” and lamented that her childhood had “ended too soon.”Immediately after the video was posted on Sept. 2, social media users pointed out reasons to be wary. The purported news channel it came from, San Francisco’s KBSF-TV, didn’t exist. A website for the…
It’s a weekly challenge for college football fans: Let’s not make sweeping declarations after one game. It becomes even more challenging when the quarterback position is at the center of the conversation. It’s the most important position, in a game and the trajectory of a program. As we look across the country, several situations have fan bases on opposite sides of overreaction or underreaction.The most notable story of the weekend was Texas quarterback Quinn Ewers’ abdominal strain and Arch Manning’s relief duty, which included five touchdowns in a 56-7 win over UTSA. Naturally, when an injury happens and a highly…
Steven Cohen, founder of Point72 and majority owner of the New York Mets, attends a news conference at Citi Field, the home stadium of MLB’s New York Mets, in Queens, New York, on Feb. 10, 2021.Brendan McDermid | ReutersBillionaire investor Steve Cohen is retiring from the trading floor at his hedge fund Point72.The prominent hedge fund investor, who also owns the New York Mets, will continue his role as the co-chief investment officer at Point72, which Cohen converted from S.A.C. Capital Advisors in 2014 after lofty insider-trading settlements.”He is taking a break from trading his own book and he feels…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyJared Holz, Mizuho, joins ‘Fast Money’ to talk how possible Medicare price negotiations are impacting Novo Nordisk shares.04:3445 minutes ago Source link
