Stock traders monitor share prices during an intra-day trading session at a brokerage house in Mumbai on April 8, 2025. Asian and European markets battled on April 8 to recover from the previous day’s tariff-fuelled collapse. US President Donald Trump slapped a flat 26 percent tariff on imports from India last week, with New Delhi saying it was examining both “implications” and “opportunities” from the duty hikes. (Photo by Indranil MUKHERJEE / AFP) (Photo by INDRANIL MUKHERJEE/AFP via Getty Images) Indranil Mukherjee | Afp | Getty ImagesThis report is from this week’s CNBC’s “Inside India” newsletter which brings you timely,…
Author: usaeverydaylife
(This is The Best Stocks in the Market , brought to you by Josh Brown and Sean Russo of Ritholtz Wealth Management.) Josh here — There will always be an agriculture cycle and companies in the agriculture space will always be, to some extent, beholden to it. In fact, companies in most sectors of the economy must contend with one cycle or another — commodities, interest rates, housing, capex, etc. But in the digital age, companies have found ways to annuitize their businesses and transcend this cyclicality. Converting traditional transaction-based business models into subscription or annually recurring revenue (ARR) business…
Shai Gilgeous-Alexander #2 and Jalen Williams #8 of the Oklahoma City Thunder react on the bench against the Minnesota Timberwolves during the fourth quarter in Game Five of the Western Conference Finals of the 2025 NBA Playoffs at Paycom Center on May 28, 2025 in Oklahoma City, Oklahoma. Matthew Stockman | Getty ImagesNBA teams notched $1.62 billion in sponsorship revenue this season — an increase of 8% since last year, and 91% from $850 million five years ago, according to third-party data firm SponsorUnited.While the volume of deals was up just 2.5% since last year, the partnerships got bigger and…
Tesla CEO Elon Musk listens as U.S. President Donald Trump speaks to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. Kevin Dietsch | Getty ImagesShares of Tesla slid about 5% Thursday as CEO Elon Musk continued his relentless pressure on Congress to “KILL” President Donald Trump’s spending bill.Musk in recent days has threatened to primary lawmakers who vote for the bill and called it a “disgusting abomination,” marking a significant shift in his comments about the administration.The fall in shares comes as the EV maker saw a 22% rally in May despite…
Sentiment on Wall Street been strengthening steadily on Boeing shares, with the aerospace behemoth finally gaining some momentum. Sixty-nine percent of analysts surveyed by FactSet rate Boeing either buy or overweight. That’s up from 52% at the end of 2024. Consensus price targets call for about 2% upside from Wednesday’s close. The stock has been on a tear in 2025 as well, with a gain of nearly 20%, while the S & P 500 has ticked up 1.5%. JPMorgan, Wolfe Research and Bernstein are among the Wall Street shops that have raised price targets for Boeing stock over the past…
Steph Curry’s Gentleman’s Cut bourbon.Courtesy: Gentleman’s CutSteph Curry is one of the greatest basketball players ever, and judging by his company’s financials, he’s off to a pretty good start in the business world.Curry is the CEO of Thirty Ink, a house-of-brands conglomerate that owns companies including Unanimous Media, Gentleman’s Cut bourbon and Underrated Golf and Basketball. CNBC Sport profiled the company in “Curry Inc.: The Business of Stephen Curry,” a production centered on Curry’s career and business ambitions.Thirty Ink generated $173.5 million in revenue in 2024, the company told CNBC Sport. The highest percentage of that revenue comes from its partnership…
Dev Ittycheria, CEO of MongoDBAdam Jeffery | CNBCMongoDB shares surged 15% after the software company surpassed fiscal first-quarter earnings expectations and raised its outlook, citing growing confidence in its cloud-based database service.Revenues hit $549 million during the period, jumping 22% from more than $450 million in the year-ago period. That topped a $528 million estimate from analysts polled by LSEG. Adjusted earnings per share reached $1.00, surpassing the 66 cents per share projected by analysts.”We are confident in our position to drive profitable growth as we benefit from this next wave of application development,” said CEO and president Dev Ittycheria…
It’s been more than 25 years since Nintendo held a console launch where Edwin Flores wasn’t among the first in line. The avid gamer was at the Times Square Toys”R”Us for the launch of the GameCube in 2001, and has been there at midnight to be among the first in the world to get his hands on the Wii in 2006, Wii U in 2012, Nintendo Switch in 2017 and its OLED upgrade in 2021. “You have to live this,” the 50-year-old told CNBC Make It outside Nintendo’s global flagship store in New York City on Wednesday morning.”When you’re in a place…
In a cautionary tale about exceeding one’s limits (and ignoring the cautionary warnings of one’s father), in Greek mythology, Icarus, son of Daedalus, perished after flying too close to the sun, melting the wax that held the feathers on the wings his father had made him. Of course the authors of the story would not have known that in real life the temperature hazards Icarus would have faced are sub-freezing temperatures, not heat as the air is considerably colder at altitude; minus 40 to minus 70 degrees Fahrenheit at the cruising altitude of a commercial jet let alone the harsh…
What is the true cost of tariffs? It’s debatable — not only because of political biases, but also because it’s far from straightforward to calculate just how much of the levies consumers end up paying.Even so, it’s possible to estimate how much the price of common items could increase under President Donald Trump’s various tariff proposals. For products like clothing imported from China and Vietnam, U.S. shoppers could have to pay a lot more.To illustrate, retail consultancy group AlixPartners created pricing models exclusively for CNBC, looking at the price of a men’s sweater and men’s shoes made in both China and…
