Republican presidential nominee and former U.S. President Donald Trump gestures as he holds a rally at the Cambria County War Memorial Arena in Johnstown, Pennsylvania, U.S. August 30, 2024. Brian Snyder | ReutersThe X accounts of two family members of Republican presidential nominee Donald Trump’ appeared to have been hacked Tuesday in order to promote a scam aimed at cashing in on the Trump family’s nascent crypto venture.The hacks come as the former president prepares to release his crypto policy platform, and his campaign wrestles with the fallout of a foreign cyberattack.Shortly after 8:15 p.m. ET, the X account belonging to…
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CNBC’s Jim Cramer reviewed Tuesday’s market action, saying some of it seems more extreme than is actually warranted.”This market’s so ridiculous, you can knock it over with a feather or take it up with a breeze,” he said. “This isn’t the worst of times, it’s just the worst of times for the stocks in certain industries and the best of times for others.”The averages tumbled Monday as investors sold off tech stocks and worried about weaker-than-expected results from manufacturing data. The Dow Jones Industrial Average slid 1.51% while the S&P 500 dipped 2.12% and the Nasdaq Composite declined 3.26%.A number…
Cooking oils made from canola from Canada are offered for sale at a grocery store on April 26, 2022 in Chicago, Illinois.Scott Olson | Getty ImagesChina said on Tuesday it planned to start an anti-dumping investigation into canola imports from Canada, after Ottawa moved to impose tariffs on Chinese electric vehicles, lifting prices of domestic rapeseed oil futures to a one-month peak.Canadian Farm Minister Lawrence MacAulay said the move was “deeply concerning.” In a post on the X social media network, he said Ottawa was closely following the case and would defend and support the farm sector.Canada, following the lead of the United States and European Union, announced last week a 100% tariff on imports of Chinese electric vehicles…
Fans in a number of major-league cities want change. Ownership changes in many cases, yes. But front-office changes, at the very least.And in many cases, those changes seem unlikely.“I’m a huge believer in stability and continuity, and those are competitive advantages in professional sports, that reacting and change don’t necessarily mean improvement,” Toronto Blue Jays president Mark Shapiro said last month when asked about the job status of his general manager, Ross Atkins.No one should be surprised in the coming weeks to hear similar comments from other executives with disappointing clubs. Which raises the questions: Why are owners so complacent?…
Sopa Images | Lightrocket | Getty ImagesMore than half of Tiger 21’s members don’t invest in Nvidia, according to a recent asset allocation report released by this network of ultra-high-net-worth investors and entrepreneurs.The network’s second-quarter asset allocation report revealed that 57% of its members are not invested in chip darling Nvidia, with a bulk of the members who have chosen to stay away from the stock saying they do not intend to start a position in the company.”While Nvidia is the undisputed leader in AI at the moment, no company’s growth lasts forever, and competitors often catch up, leading to…
RBC Capital Markets has added oil and gas company California Resources to its outperforming basket of energy stocks. The investment bank said the energy company had a “relatively attractive valuation” and strong growth potential due to its carbon capture and sector division, prompting it to be added to RBC’s Global Energy Best Ideas List. “The company is more catalyst-opportunity rich compared to peers and a number of near-term events could unlock future [carbon management business] potential,” said RBC analysts led by Greg Pardy in a note to clients on Sept. 3. RBC’s $65 price target for CRC indicates a 25%…
SAO PAULO — Thiago Souza emerges from the barricades a man making history.A single-file line spirals the Ibirapuera mall and spills onto the street. Hundreds watch as the man they call “Curitiba,” the guy with the giant backpack, glasses and Green Bay gear — Jordan Love jersey, Packers hoodie and hat — unsheathes his credit card and jabs his forefinger at a seating map. There. The first-ever ticket for an NFL game in South America.Fine, maybe not the first ticket.Today is Thursday, June 13, which was supposed to be the opening day of sales. Even local Ticketmaster staffers who’d been preparing…
A view of Oslo seen from the roof of the Oslo Opera House in Oslo, Norway, on Thursday, Oct. 21, 2021.Bloomberg | Bloomberg | Getty ImagesNorway’s $1.7 trillion wealth fund may have to divest shares of companies that violate the fund watchdog’s new, tougher interpretation of ethics standards for businesses that aid Israel’s operations in the occupied Palestinian territories.The Council on Ethics for the world’s largest sovereign wealth fund sent an Aug. 30 letter to the finance ministry, seen by Reuters, that summarizes the recently expanded definition of unethical corporate behavior. The change has not previously been reported.The letter did not specify how many nor name companies whose stocks might be sold but suggested it would be a small number,…
Cfoto | Future Publishing | Getty ImagesAsia’s semiconductor and associated stocks slipped Wednesday morning, following a steep plunge in Nvidia’s share price in the U.S. overnight.In the U.S., chipmaker Nvidia plunged more than 9% in regular trading, leading semiconductor stocks lower amid a sell-off on Wall Street. Economic data published Tuesday resurfaced jitters about the health of the U.S. economy. Nvidia shares continued sliding in post-market trading Tuesday, falling 2%, after Bloomberg reported that the company received a subpoena from the Department of Justice as part of an antitrust investigation.Nvidia’s value chain extends to South Korea, namely, memory chip maker SK Hynix and conglomerate…
Chris Verrone, Strategas head of technical and macro research, joins ‘Fast Money’ to give his health care playbook. Source link