FILE PHOTO: Former FBI Director James Comey testified in front of the Senate Intelligence Committee in the Senate Hart building on Capitol Hill, on Thursday, June 8, 2017.Cheriss May | Nurphoto | Getty ImagesA federal magistrate judge on Monday raised the possibility that the criminal indictment against former FBI director James Comey on charges of lying to Congress — which was obtained at the behest of President Donald Trump — could soon be dismissed.The suggestion by Judge William Fitzpatrick came as he ordered the Department of Justice to release all grand jury material related to Comey’s case to him by…
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Peter Thiel ‘s namesake fund exited Nvidia in the third quarter, the latest sign of caution around the high-flying artificial intelligence darling. Thiel Macro zeroed out its stake worth nearly $94 million during the three-month period, regulatory fillings show. It marked the fund’s biggest change by dollar value in the quarter, according to InsiderScore. Thiel’s decision mirrors Japanese firm SoftBank’s, which announced earlier this month that it sold its entire stake in Nvidia for around $5.8 billion. Some investors have grown increasingly concerned in recent weeks that the AI trade, after driving the market to record highs over the past…
(This is The Best Stocks in the Market , brought to you by Josh Brown and Sean Russo of Ritholtz Wealth Management.) Josh — In a technology innovation cycle like the PC revolution, dotcom, wireless, dotcom 2.0, cloud computing, AI, etc, investing broadly across the category makes sense because as spending rises, the tide lifts all (most) boats. It’s hard to find a name associated with the theme that doesn’t work, the winners are far more ubiquitous. You can buy “the chips” or “the servers” or “the routers” and you’ll probably make money. In this way, tech reminds me of…
Epstein Survivors Launch National PSA Calling for Release of Remaining FilesSource: WorldWithoutExploitation.orgA group of victims of Jeffrey Epstein in a new ad calls for Congress to pass a measure to force the Department of Justice to release investigative files about the notorious sex offender, following months of resistance to that by the Trump administration.”Five administrations and we’re still in the dark,” the ad says at the end, after the victims hold up photos showing themselves as girls and young women, when Epstein began abusing them.”Call your Congress member and demand they release all the Epstein files,” the ad says.The ad…
Nvidia founder and CEO Jensen Huang reacts during a press conference at the Asia-Pacific Economic Cooperation (APEC) CEO Summit in Gyeongju on October 31, 2025. Jung Yeon-je | Afp | Getty ImagesThis is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Here are five key things investors need to know to start the trading day:1. Tech troublesAfter last week’s losses and with Nvidia’s can’t-miss earnings report on the horizon, investors are wondering what’s next for the artificial intelligence trade. Can the sector that has captivated Wall Street and Silicon Valley in recent years once again lead the market,…
Here are Monday’s biggest calls on Wall Street: Jefferies reiterates Microsoft as buy Jefferies said the stock remains well positioned for AI. ” Microsoft is a large, diversified business with high visibility and a clear line of sight into double-digit revenue growth for the foreseeable future.” Bank of America reiterates Nvidia as buy The firm is sticking with the stock ahead of earnings later this week. “Our positive view on Nvidia is based on its underappreciated transformation from a traditional PC graphics chip vendor, into a supplier into high-end gaming, enterprise graphics, cloud, accelerated computing and automotive markets.” Rothschild &…
The holiday season often inspires people to assemble lists of gifts they hope to receive. For investors, however, the holiday season brings a different sort of list. Investors can build a Christmas stock shopping list by selecting stocks with resilient growth, constructive price trends, and reasonable valuations. Options then give the investors a good way to bet on these stocks, while mitigating risk. I’ll review those trades lower in the article. A systematic and practical approach rarely tugs the heartstrings when identifying suitable gifts (try getting someone a new mop for the holidays if you doubt me). For this exercise,…
Kevin Hassett, director of the National Economic Council, speaks during an Economic Club of Washington event in Washington, DC, US, on Wednesday, Nov. 12, 2025.Al Drago | Bloomberg | Getty ImagesArtificial intelligence could be increasing worker productivity so much that companies slow hiring, top Trump administration economic advisor Kevin Hassett said Monday.”I think that there have been mixed signals in the job market,” the National Economic Council director said on CNBC’s “Squawk Box,” adding that he has seen “really, really positive signals in the output markets.”After noting U.S. gross domestic product rose at a strong pace in the second quarter…
Take-Two Interactive CEO Strauss Zelnick said on Monday that although gaming consoles are not going away, the industry is moving toward PCs in the next decade.”I think it’s moving towards PC and business is moving towards open rather than closed,” Zelnick told CNBC’s “Squawk Box.” “But if you define console as the property, not the system, then the notion of a very rich game that you engage in for many hours that you play on a big screen — that’s never going away.”Zelnick said the current split between console and mobile is about even in the market, but mobile is…
A man pushes a tricycle loaded with LPG cylinders on the road below the Adani signage in Mumbai. US based Hindenburg Research firm’s allegation on fraud by Adani Enterprise has sparked political debate in India by the opposition parties.Sopa Images | Lightrocket | Getty ImagesIndia is ramping up its energy imports from the U.S. in a bid to reduce its trade surplus with Washington — a key demand of the Trump administration during trade negotiations with New Delhi.On Monday, Hardeep Singh Puri, Indian union minister of petroleum and natural gas, announced a deal that will see the United States supply…
