Author: usaeverydaylife

new video loaded: The Jamaican Families Torn Apart by Hurricane MelissatranscriptBacktranscriptThe Jamaican Families Torn Apart by Hurricane MelissaDays after a powerful hurricane made landfall in Jamaica, thousands of residents are now homeless and trying to make sense of how they narrowly survived. The New York Times traveled to the storm’s center in Black River, and found a community destroyed — without food or clean water — where families are desperate and still traumatized after being cut off from the outside world.“The last thing I said to my sister, I called her and I said, ‘Sister, please be safe. Be safe.’…

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During earnings season, it is especially important to have key support and resistance levels in mind for individual stocks. These levels can be helpful in determining the risk/reward profile for a stock after earnings-driven volatility, therein allowing investors to make a well-informed decision. Boeing (BA) is an example of a stock that looks compelling from a risk/reward standpoint following a negative response to earnings. Last Thursday, the stock came into a confluence of support in the $199-$200 area, defined by the 200-day moving average (MA) and a 38.2% Fibonacci retracement level. The close proximity of support suggests downside risk is…

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Member of the Federal Reserve Board of Governors Lisa Cook speaks on “The Outlook for the Economy and Monetary Policy” at the Brookings Institution in Washington, D.C., U.S., November 3, 2025. Kevin Lamarque | ReutersFederal Reserve Governor Lisa Cook, in her first policy speech since President Donald Trump tried to remove her from office, said Monday that she supported the recent interest rate reduction and indicated she would be open to more.Since Trump made his move in August to sack Cook on accusations of mortgage fraud, she has kept a relatively low profile outside of the court battles that have…

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U.S. President Donald Trump speaks to members of the media as he arrives at Palm Beach International Airport in West Palm Beach, Florida, U.S., October 31, 2025. Elizabeth Frantz | ReutersPresident Donald Trump, who recently suggested he would be at the Supreme Court on Wednesday for oral arguments in the case that will determine the fate of many of his wide-ranging tariffs, now says he will not attend.”I will not be going to the Court on Wednesday in that I do not want to distract from the importance of this Decision,” Trump wrote Sunday in a Truth Social post.”It will…

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Nvidia was once again on the move after the world’s three biggest cloud companies, along with Meta Platforms , guided spending higher last week to keep pace in the artificial intelligence arms race. Some, if not much, of that spend should continue to fill the coffers of the Jensen Huang-run AI chip king. Club stock Nvidia on Monday soared another 4% to another all-time high — around $5.12 trillion in market value. In the run-up to next week’s earnings, we would expect to see more analysts raise their quarterly estimates and price targets on Nvidia. The stock closed above $5…

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Check out the companies making the biggest moves midday: Ares Management — The private equity investment firm rose more than 6% on a better-than-expected profit for the third quarter. Ares reported after-tax realized income per share of $1.19, beating a FactSet estimate of $1.15 per share. The stock was on pace for its best day since April 9, when it surged 15.5%. Adeia — The tech licensing company fell 17% after it sued AMD for patent infringement over its semiconductor technology. “For years, AMD’s products have incorporated and made extensive use of Adeia’s patented semiconductor innovations, which have greatly contributed…

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(PRO Views are exclusive to PRO subscribers, giving them insight on the news of the day direct from a real investing pro. See the full discussion above.) NYSE insider Jay Woods is keeping a special eye on Palantir ‘s this week as he sees the potential for the data analytics company to rise 20% to around $240 per share based on the stock’s trading history. Woods, chief market strategist at Freedom Capital Markets, said Palantir stock has gone up an average of 20% in eight out of the last 11 times it reported earnings. Since the stock just hit a…

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Software and data analytics giant Palantir Technologies , one of the hottest stocks of the year, has high expectations to beat when its earnings come out after Monday’s closing bell. The consensus Wall Street view is that Palantir stock appears overvalued. Analysts polled by LSEG have an average price target of $154.93, which implies more than 24% potential downside ahead. Of the 26 analysts that cover the name, 17 rate it a hold, while four give it a buy and two a strong buy. Shares of Palantir have soared about 172% year to date and reached a 52-week high on…

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Changpeng Zhao, founder of Binance, attends the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris on June 16, 2022.Benoit Tessier | ReutersPresident Donald Trump said he knows nothing about Binance founder Changpeng Zhao — or that company’s recent involvement in a cryptocurrency venture linked to Trump’s family — despite granting him a pardon last month.Asked in a CBS “60 Minutes” interview that aired Sunday why he pardoned the former crypto executive known as CZ, Trump said: “Okay, are you ready? I don’t know who he is.”In late 2023, Zhao stepped down as…

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Cloud computing startup Lambda announced on Monday a multibillion-dollar deal with Microsoft for artificial intelligence infrastructure powered by tens of thousands of Nvidia chips.The agreement comes as Lambda benefits from surging consumer demand for AI-powered services, including AI chatbots and assistants, CEO Stephen Balaban told CNBC’s “Money Movers” on Monday.”We’re in the middle of probably the largest technology buildout that we’ve ever seen,” Balaban said. “The industry is going really well right now, and there’s just a lot of people who are using ChatGPT and Claude and the different AI services that are out there.”Balaban said the partnership will continue…

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