Author: usaeverydaylife

WASHINGTON DC, UNITED STATES – MAY 30: United States President Donald Trump departs at the White House to U.S. Steel’s Irvin Works in West Mifflin, Pennsylvania in Washington D.C May 30, 2025. Celal Gunes | Anadolu | Getty ImagesPresident Donald Trump’s new dollar-pegged stablecoin is off to a sluggish start, with muted inflows and little organic demand, new data shows.The USD1 token — launched by Trump’s decentralized finance firm, World Liberty Financial — has so far failed to break out of a narrow speculative niche, according to Kaiko analyst Adam Morgan McCarthy.”Trump is trying to launch this stablecoin in a…

Read More

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailOn today’s episode of CNBC Crypto World, Robinhood shares climb after the retail trading platform completes its acquisition of Bitstamp, which gives the firm an immediate international footprint. Plus, Bitwise CEO Hunter Horsley sits down with CNBC from Bitcoin 2025 to discuss bitcoin’s new record, crypto ETFs and regulatory advancements for digital assets in the U.S. And also speaking from Bitcoin 2025, Kraken CEO Dave Ripley discusses crypto regulations he’s hoping Congress will pass. Source link

Read More

Check out the companies making headlines after hours: Hewlett Packard Enterprise — Shares rose 3% after the information technology company beat analysts’ expectations on the top and bottom lines. Hewlett Packard Enterprise reported second-quarter adjusted earnings of 38 cents per share on revenue of $7.63 billion. Analysts polled by LSEG had expected earnings of 32 cents per share on revenue of $7.45 billion. CrowdStrike Holdings — The stock dropped more than 6% after the cybersecurity company posted fiscal first-quarter results. Revenue of $1.10 billion came in line with what analysts polled by LSEG were anticipating. CrowdStrike posted adjusted earnings of…

Read More

George Kurtz, chief executive officer of Crowdstrike Inc., speaks during the Montgomery Summit in Santa Monica, California, U.S., on Wednesday, March 4, 2020.Patrick T. Fallon | Bloomberg | Getty ImagesCrowdStrike shares fell 7% in extended trading on Tuesday after the security software maker issued a weaker-than-expected revenue forecast.Here’s how the company did against LSEG consensus:Earnings per share: 73 cents, adjusted vs. 65 cents expectedRevenue: $1.10 billion vs. $1.10 billion expectedRevenue increased by nearly 20% in the fiscal first quarter, which ended on April 30, according to a statement. The company registered a net loss of $110.2 million, or 44 cents…

Read More

CrowdStrike and Microsoft shares have had a solid start to 2025, and further upside is still ahead for both names, according to Key Advisors Group co-founder and CEO Eddie Ghabour. Ghabour, who is also managing partner at the firm, joined CNBC’s ” Power Lunch ” on Tuesday to give his thoughts on those stocks, as well as why he thinks Tesla could be poised for a breakout. CrowdStrike Shares gained about 2% on Tuesday and touched an all-time high ahead of the cybersecurity company’s first-quarter earnings, which are due after the bell. “Cybersecurity is gonna be huge, and I think…

Read More

Shares of Dollar General jumped nearly 16% on Tuesday after the discounter raised its outlook, saying it drew more middle- and higher-income shoppers amid fears that higher tariffs would hurt consumer spending.The Tennessee-based retailer beat quarterly expectations for revenue and earnings. The company said it now anticipates net sales will grow about 3.7% to 4.7%, compared to its previous expectation of about 3.4% to 4.4%. It expects diluted earnings per share to range from $5.20 to $5.80, compared to its prior outlook of approximately $5.10 to $5.80. Dollar General anticipates same-store sales will increase 1.5% to 2.5%, higher than its previous guidance of about 1.2% to…

Read More

Homeland Security Secretary Kristi Noem speaks to employees at the Department of Homeland Security, Tuesday, Jan. 28, 2025, in Washington, U.S. Manuel Balce Ceneta | Via ReutersThreatening letters about President Donald Trump that led to the highly-touted arrest by federal authorities of an undocumented immigrant last month were actually written by a jailed Wisconsin man trying to get him deported, prosecutors said in a new criminal complaint.Demetric DeShawn Scott, the inmate, hoped to get Mexican immigrant Ramon Morales-Reyes deported because he is a witness in Scott’s upcoming criminal trial for alleged armed robbery and battery against Morales-Reyes, a criminal complaint filed…

Read More

Nvidia CEO Jensen Huang speaks as he visits Lawrence Berkeley National Lab to announce a U.S. supercomputer to be powered by Nvidia’s forthcoming Vera Rubin chips, in Berkeley, California, U.S., May 29, 2025. Manuel Orbegozo | ReutersNvidia passed Microsoft in market cap on Tuesday, once again becoming the most valuable publicly traded company in the world.Shares of the artificial intelligence chipmaker rose about 3% on Tuesday to $141.40, and the stock has surged nearly 24% in the past month as Nvidia’s growth has persisted even through export control and tariff concerns.The company now has a $3.45 trillion market cap. Microsoft…

Read More

Signage at a Citibank branch in New York, US, on Sunday, Jan. 12, 2025. Michael Nagle | Bloomberg | Getty ImagesCitigroup on Tuesday ended a seven-year-old policy restricting how it provides banking services to firearm manufacturers, sellers and resellers.The bank launched the policy in March 2018 after a teenage gunman killed 17 people and injured more than a dozen in a mass shooting at Marjory Stoneman Douglas High School in Parkland, Florida, on Feb. 14 that year.Citi said at the time that it would require clients to “adhere to these best practices: (1) they don’t sell firearms to someone who hasn’t passed a background…

Read More