FILE PHOTO: U.S. President Donald Trump and Russian President Vladimir Putin hold a bilateral meeting at the G20 leaders summit in Osaka, Japan, on June 28, 2019.Kevin Lamarque | ReutersU.S. President Donald Trump plans to meet in person with Russian President Vladimir Putin as early as next week, the New York Times reported on Wednesday, citing two people familiar with the plan.Trump then plans to meet with Putin and Ukrainian President Volodymyr Zelenskiy together, the newspaper reported, adding that the plans were disclosed in a call with European leaders on Wednesday.”The Russians expressed their desire to meet with President Trump, and the President is open to meeting with both President Putin and President Zelenskiy. President Trump wants this brutal war…
Author: usaeverydaylife
Doordash food delivery service in New York City on Feb. 13, 2025. Danielle DeVries | CNBCDoorDash shares climbed about 5% in extended trading on Wednesday after the food delivery company reported better-than-expected earnings and revenue for the second quarter.Here’s how the company did compared to analyst estimates based on LSEG’s consensus:Earnings per share: 65 cents vs. 44 cents expectedRevenue: $3.28 billion vs. $3.16 billion expectedRevenue jumped 25% from $2.63 billion a year earlier, DoorDash said in a press release. The company reported net income of $285 million, or 65 cents a share, after recording a loss of $157 million, or 38…
Wharton School marketing professor Jonah Berger has advised Google, Nike, Apple and Coca-Cola, among other major firms, on how small language choices can be the difference between failure and success with customers and partners. The same is true for any individual, he says, whether it be at work, in business, or when seeking to influence those who surround us in personal life.”We all use language all the time, when writing emails, making presentations, talking to clients and team members,” Berger said at CNBC’s Small Business Playbook virtual event on Wednesday.”We think a lot about ideas we want to communicate, but…
U.S. President Donald Trump points towards Federal Reserve Chair Jerome Powell holding a document during a tour of the Federal Reserve Board building, which is currently undergoing renovations, in Washington, D.C., U.S., July 24, 2025. Kent Nishimura | ReutersFederal Reserve Governor Adriana Kugler’s surprise resignation last week brought back a scenario that seemed to be fading but could have important ramifications for how the central bank conducts policy.With the open seat on the influential central bank board, President Donald Trump now has a number of strategic options, including one where he could appoint a so-called shadow chair whose job would…
Many on Wall Street expect that Novo Nordisk ‘s loss has been Eli Lilly ‘s gain, and this will be good news for the Zepbound maker’s second-quarter results. Novo Nordisk’s stock has cratered about 47% since the start of the year, as doubts emerged about the outlook for its GLP-1 drugs, Ozempic for diabetes and Wegovy for obesity. The company has said its business has been hurt by competition from compounding pharmacies, which are making knock-off versions of its semaglutide, the active ingredient in both brands. This prompted Novo to cut its annual forecast and oust its CEO. Lilly’s business…
Amazon’s Zoox robotaxi unit is ramping up vehicle production at a new facility in Hayward, California.ZooxAmazon’s Zoox has cleared a key regulatory hurdle, paving the way for demonstrations of its self-driving robotaxis.The National Highway Traffic Safety Administration said Wednesday that it granted Zoox an exemption from some requirements, a first for U.S.-built vehicles under a recently expanded program.”Transportation innovators can be confident in getting speedy review of their vehicles and, as appropriate, exemption from Federal Motor Vehicle Safety Standards,” NHTSA Chief Counsel Peter Simshauser said in a release.The company must remove all existing statements that its purpose-built vehicles meet all…
President Donald Trump has tried to justify firing former Bureau of Labor Statistics Commissioner Erika McEntarfer by claiming that her agency’s gold standard employment reports were “rigged” in order to harm him politically.Trump has provided no evidence to support his allegation. Nonetheless, he has repeatedly claimed that the BLS issued “phony” strong-looking jobs numbers during the last year of the Biden administration, only to revise them sharply downward right after the 2024 presidential election.”Just days before the [Nov. 5 presidential] election, they put out numbers that it was like the country was on fire,” Trump claimed Tuesday morning on CNBC’s…
There’s been a lot of chatter around gold lately—and much of it hasn’t been bullish. That’s largely because gold (and, as a result, the GLD Gold ETF ) has failed to reclaim its April highs. But let’s zoom out. Back in October 2023, soon after GLD bottomed, we began tracking the performance spread between GLD and the S & P 500 . Up until the end of 2024, the performances were remarkably even. They didn’t move in lockstep the entire time, but they didn’t drift far apart either. That changed in December. Gold took off while the SPX sputtered — before ultimately collapsing through…
(PRO Views are exclusive to PRO subscribers, giving them insight on the news of the day direct from a real investing pro.) Tim Seymour acknowledges it’s hard to navigate the different trade headlines hitting each day, but investors should realize most of these so-called deals are not “real” news and focus on the company fundamentals instead. The founder of Seymour Asset Management is a buyer of Apple (AAPL) today, but not because CEO Tim Cook is giving President Donald Trump a $100 million peace offering with a promise to manufacture more of its products on U.S. shores. AAPL 1D mountain…
AMD shares tumbled Tuesday despite solid revenue guidance and AI chip optimism, becoming the latest semiconductor casualty in a market where solid execution simply isn’t enough. This earnings season has been brutal for chip stocks: Texas Instruments , ON Semiconductor , Qualcomm , and Arm all posted results that looked good on paper, but were met with steep sell-offs as investors demanded accelerating growth and guidance that clears an ever higher bar. SOXX 1M mountain iShares Semiconductor ETF, 1 month Even Lattice Semiconductor wasn’t spared. Management outlined a confident AI roadmap and said new product sales could could hit the…
