In the market’s stunning recovery, some stocks are more to thank than others. Wall Street sees a handful of the best performers having more room to run. The S & P 500 notched an all-time high on Friday, the latest milestone in the equity comeback after President Donald Trump ‘s tariff policy sent markets into a tailspin. The Nasdaq Composite has surged with tech stocks leading the recovery, driving the index more than 15% higher since Trump first announced the levy plan on April 2, the day he dubbed “liberation day.” CNBC Pro screened for Nasdaq members with market caps…
Author: usaeverydaylife
Tesla CEO Elon Musk attends a cabinet meeting held by U.S. President Donald Trump at the White House in Washington, D.C., on April 30, 2025.Evelyn Hockstein | ReutersHe may have stopped openly feuding with President Donald Trump, but Elon Musk isn’t backing off his bid to kill Trump’s signature megabill.The Tesla and SpaceX CEO unloaded Monday on the massive tax-and-spending bill that Trump is pushing Republicans to quickly ram through Congress, labeling it a “DEBT SLAVERY bill” and calling out its supporters by name.The uber-rich Musk — who spent around $290 million backing Trump and other Republicans in the 2024…
Jim Cramer’s second-half playbook for investors is all about getting back to the basics. On CNBC’s “Squawk on the Street,” Cramer had a straightforward response when asked where investors should put their focus in the coming months. Choose stocks in companies that are “doing well,” he said Monday, shortly before the opening bell, as the S & P 500 looked to build off Friday’s first record close since February. His comments came in the waning hours of a wild first half of 2025 — driven by on-and-off-again tariffs and, more recently, concerns about a broader regional conflict in the Middle…
The high levels of income in the bond market right now are a “generational opportunity” for investors, according to BlackRock’s Rick Rieder. “I’ve waited for two decades of my life for some deals,” he said in an interview with CNBC, pointing to the years of low interest rates that ended in 2022. Bond yields move inversely to prices. That income is a priority now that bond duration is still no longer the reliable hedge it once was, explained Rieder, the firm’s chief investment officer of global fixed income. In other words, fixed income hasn’t necessarily offered a ballast against a…
US President Donald Trump holds an Apple Inc. iPhone during an executive order signing in the Oval Office of the White House in Washington, DC, US, on Friday, May 23, 2025. Samuel Corum | Bloomberg | Getty ImagesPresident Donald Trump criticized AT&T in consecutive Truth Social posts on Monday, writing that the country’s third largest wireless carrier “ought to get its act together.”The president said he was trying to hold a conference call with “faith leaders,” but that “AT&T is totally unable to make their equipment work properly.” “If the Boss of AT&T, whoever that may be, could get involved,…
Harvard University graduates attend the university’s 374th commencement ceremony on May 29, 2025 in Cambridge, Massachusetts. Vcg | Visual China Group | Getty ImagesThe Trump administration on Monday said an investigation into Harvard University found the school had violated the federally protected civil rights of Jewish and Israeli students.In a letter to university president Alan Garber, the civil rights office of the Department of Health and Human Services said Jewish students on campus were subjected to “severe, pervasive and objectively offensive harassment” following the Oct. 7, 2023, Hamas attack on Israel.The investigation found what the Trump administration described as a…
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event on Wednesday, Sept. 25, 2024.Bloomberg | Bloomberg | Getty ImagesMeta shares hit a record high on Monday, underscoring investor interest in the company’s new AI superintelligence group.The company’s shares reached $747.90 during midday trading, topping Meta’s previous stock market record in February when it began laying off the 5% of its workforce that it deemed “low performers.”Meta CEO Mark Zuckerberg has been on an AI hiring blitz amid fierce competition with rivals such as OpenAI and Google-parent Alphabet. Earlier in June, Meta said it would hire…
Workers repaint the NASA logo on the Vehicle Assembly Building at the Kennedy Space Center on May 28, 2020 in Cape Canaveral, Florida.Joe Raedle | Getty ImagesNASA’s live programming, including rocket launches, spacewalks and views of Earth from space, will begin streaming on Netflix this summer.NASA said the move is part of its effort to reach a global audience, according to a press release. The agency noted that the content will remain free and ad-free on the NASA app and website, where it already has live programming.NASA+ launched in 2023 as a way to give the public easier access to…
An electric air taxi by Joby Aviation flies near the Downtown Manhattan Heliport in Manhattan, New York City, U.S., November 12, 2023. Roselle Chen | ReutersJoby Aviation stock soared about 14% as the flying air taxi maker got closer to launching a service in the United Arab Emirates.The electric vertical takeoff and landing, or eVTOL, company said Monday that it delivered its first aircraft to the UAE and has completed piloted flight tests as it readies for a 2026 launch in the region.”Our flights and operational footprint in Dubai are a monumental step toward weaving air taxi services into the fabric…
Nvidia and Microsoft will be the first to join the exclusive $4 trillion market cap club as the appetite for artificial intelligence skyrockets, according to Dan Ives, Wedbush Securities global head of technology research. The two stocks have had an incredible bounce back this quarter after a rough start to the year, as fears around China export controls and global tariff issues have taken a step back in investors’ minds. Continued AI innovation and supersized capital expenditure commitments into AI infrastructure have boosted sentiment propelling tech stocks to new highs. “The poster childs for the AI Revolution are led by Nvidia and Microsoft as both are…
