Republican presidential nominee and former U.S. President Donald Trump speaks during a visit to the Livingston County Sheriff’s Office in Howell, Michigan, U.S., August 20, 2024. Rebecca Cook | ReutersRepublican presidential nominee Donald Trump is waffling on whether he will debate with Vice President Kamala Harris as previously agreed.And their campaigns are squabbling over terms for the ABC News showdown on Sept. 10.In a social media post late Sunday night, Trump questioned whether he should debate the Democratic nominee Harris given what the former president suggested would be a hostile setting.”I watched ABC FAKE NEWS this morning, both lightweight reporter Jonathan…
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European Commission President Ursula von der Leyen (L) and US Vice President Kamala Harris (R) line up for the family photo at the UK Artificial Intelligence (AI) Safety Summit at Bletchley Park, in central England, on November 2, 2023.Daniel Leal | Afp | Getty ImagesVice President Kamala Harris is poised to take the stage at the Democratic National Convention on Thursday and deliver what is thought to be the biggest political speech of her career.The 59-year-old politician is expected to outline her vision and policy agenda to the American people, while many in Europe will also be curious to understand…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailDaniel Kurnos, Benchmark media and Internet analyst, joins ‘The Exchange’ to discuss how investors could position their travel stocks, Expedia, consumer impact on travel, and more.03:47Mon, Aug 12 20242:32 PM EDT Source link
September is typically a rough month for Apple — and it’s a toss-up as to whether this year could be any different. Apple is expected to announce new iPhones and Apple Watch models on Sept. 9 during a press event at its headquarters in Cupertino, California. The tech giant typically unveils these new models at its fall launches ahead of the holiday shopping season. Apple’s share price tends to move higher as investors’ excitement builds up ahead of its product announcements, according to a FactSet analysis. But the stock’s lowest average returns occur during the month of the launches. Apple…
“Buy-now, pay-later” firm Klarna aims to return to profit by summer 2023.Jakub Porzycki | NurPhoto | Getty ImagesKlarna said it posted a profit in the first half of the year, swinging into the black from a loss last year as the buy now, pay later pioneer edges closer toward its hotly anticipated stock market debut.In results published Tuesday, Klarna said that it made an adjusted operating profit of 673 million Swedish krona ($66.1 million) in the six months through June 2024, up from a loss of 456 million krona in the same period a year ago. Revenue, meanwhile, grew 27%…
Wall Street takes back-to-back weekly gains and an overbought market into an important week featuring Nvidia earnings and the latest reading on the Federal Reserve’s favorite inflation gauge. Fed Chairman Jerome Powell on Friday gave the speech from Jackson Hole that investors wanted to hear. The S & P 500 and Nasdaq bounced back from Thursday’s losses, and each finished the week up nearly 1.5%. Powell indicated interest rate cuts are on the way, saying the “time has come for policy to adjust.” The market now expects 100 basis points, or 1 percentage point, of cuts by the end of…
A disappointing Nvidia earnings report could spell trouble for certain stocks closely connected to the market behemoth. All eyes are on the chip giant as it readies to report earnings after the bell Wednesday. Nvidia is widely expected to top estimates, with Wall Street laser-focused on its guidance and Blackwell commentary as concerns mount over artificial intelligence spending and potential production delays. To find the names with the most riding on the print, CNBC Pro screened for the stocks with the highest correlation to Nvidia’s trading over a 20-week period. Whenever a correlation coefficient moves closer to 1, it means…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyFrancisco Blanch, Commodity & Derivative strategist at BofA Europe, joins ‘Fast Money’ to talk the oil trade.04:09Mon, Aug 19 20246:00 PM EDT Source link
People exit the Supreme Court building in Washington, D.C. on Tuesday, June 27, 2023.Minh Connors | The Washington Post | Getty ImagesThe Supreme Court is set to hear oral arguments Tuesday on a case that could affect broad swaths of the U.S. tax code and federal revenue.The closely watched case, Moore v. United States, involves a Washington couple, Charles and Kathleen Moore. They own a controlling interest in a profitable foreign company affected by a tax enacted via former President Donald Trump’s 2017 tax overhaul.The Moores are fighting a levy on company earnings that weren’t distributed to them — which…
Republican Presidential nominee, former president Donald J. Trump remarks during a campaign event at Precision Custom Components on August 19, 2024 in York, Pennsylvania. Tierney L. Cross | Getty ImagesA New York federal judge has ordered U.S. probation officials to investigate the recent arrest of a convicted drug dealer who was released from prison in early 2021 when his 10-year sentence was commuted by former President Donald Trump.The order raises the possibility that the drug dealer, Jonathan Braun, could be sent back to prison for his federal marijuana-related conviction because of his arrest last week in Nassau County, New York, for…
