U.S. President Donald Trump hosts a bilateral lunch with Hungary’s Prime Minister Viktor Orban (not pictured) at the White House in Washington, D.C., U.S., Nov. 7, 2025. Jonathan Ernst | ReutersPresident Donald Trump has doled out dozens of executive clemency grants in the past few weeks alone, issuing pardons and commutations to major business figures, political supporters and other allies.Some hope he’s just getting started.Trump started wielding his presidential mercy powers aggressively on the first day of his second term, when he pardoned roughly 1,500 people who were charged in connection with the Jan. 6, 2021, riot at the U.S.…
Author: usaeverydaylife
Traders work on the floor of the New York Stock Exchange (NYSE) on November 07, 2025 in New York City. Spencer Platt | Getty Images November is historically the best month for the S&P 500, which gains an average of 1.8% during the period, according to the Stock Trader’s Almanac.But the first full trading week of the month saw stocks caught in November rains.The S&P 500 and Dow Jones Industrial Average each lost more than 1%, while the Nasdaq Composite shed around 3% — that’s its largest weekly loss since the tech-heavy index slumped 10% in the week ended April…
Investors should take advantage of the volatility in artificial intelligence stocks and scoop up shares at a discount, according to portfolio manager Tom Hancock. Hancock, who runs the GMO U.S. Quality ETF (QLTY) , remains bullish on AI-related stocks even as worries mount over a bubble in the sector. Declines in tech stocks put pressure on the Nasdaq Composite on Tuesday, reversing gains seen in the previous session. Last week, the Nasdaq fell 3%, marking its biggest weekly pullback since April. “We’d certainly be looking at buying more” in the tech sector, Hancock said Monday on CNBC’s ” The Exchange…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: The stock market was mixed on Tuesday. The Nasdaq came under pressure due to weakness in megacap tech names following CoreWeave’s quarterly earnings report Monday evening. The AI infrastructure provider’s guidance disappointed Wall Street, sending the stock down more than 15% Tuesday afternoon. Club holding and chipmaker Nvidia shares fell nearly 3%. Meanwhile, the S & P 500 and Dow both advanced as investors rotated out of tech and into…
Traders work on the floor of the New York Stock Exchange (NYSE) on November 07, 2025 in New York City. Spencer Platt | Getty Images November is historically the best month for the S&P 500, which gains an average of 1.8% during the period, according to the Stock Trader’s Almanac.But the first full trading week of the month saw stocks caught in November rains.The S&P 500 and Dow Jones Industrial Average each lost more than 1%, while the Nasdaq Composite shed around 3% — that’s its largest weekly loss since the tech-heavy index slumped 10% in the week ended April…
Confidence in shares of Nvidia is in question after SoftBank’s decision to relinquish its stake in the high-flying stock. Nvidia briefly tumbled nearly 4% Tuesday after the Japanese investment firm said it zeroed out its position in the AI chipmaker for $5.8 billion. That left investors wondering if SoftBank’s decision to exit the stock was a bad omen for Nvidia’s future stock performance, or if it was simply taking profits on a market leader. “It’s eyebrow raising,” said Jay Woods, chief market strategist at Freedom Capital Markets. NVDA 1D mountain Nvidia, 1-day The sale came after SoftBank said it was…
I covered Palantir exactly three weeks ago here on CNBC Pro before Q3 earnings, looking for a breakout from $190. We did see the breakout through $190 to a high of $207.50 right before earnings. Immediately after earnings, despite a historic quarter, the stock got “Burry’ed” below $170 last week and is now back to $190. In that time, Michael Burry — famed short seller from the movie “The Big Short” — and Alex Karp have exchanged barbs. Here’s the chronology of events. Oct. 30 – Burry returns to X warning of an AI bubble. Nov. 3 – PLTR reports…
Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc. (AMD), during a Bloomberg Television interview in San Francisco, California, US, on Monday, Oct. 6, 2025. David Paul Morris | Bloomberg | Getty ImagesAMD shares swung on Tuesday after CEO Lisa Su said the company’s overall revenue growth would expand to about 35% per year over the next three to five years, driven by “insatiable” demand for artificial intelligence chips.Su said that much of that would be captured by the company’s AI data center business, which it expects to grow at about 80% per year over the same…
Check out the companies making the biggest moves midday: Fermi — The energy and data center developer lost 11% after reporting a third-quarter loss of 84 cents per share and a total net loss of almost $347 million. Fermi went public in September at $21 a share in an IPO led by UBS, Evercore ISI, Cantor Fitzgerald and Mizuho. eToro Group — The trading platform jumped 10% after Deutsche Bank upgraded the stock to buy from hold, citing strong fundamentals and an attractive valuation. Maplebear — BMO upgraded the Instacart parent to outperform from market perform, pointing to a historically…
Disney stock comes into Thursday’s earnings at quite a crossroads. Shares are relatively flat for 2025, and CEO Bob Iger’s legacy in the eyes of shareholders may be at stake as he begins his final year at the helm. When it was announced in November 2022 that Iger was returning to replace Bob Chapek, the stock was trading at $91.45. Shares rallied on the news of his return, but have been trending in a rather wide range between $80 and $120 since that time. While the stock’s price has stabilized, it hasn’t made a significant run higher… yet. Earnings –…
