Author: usaeverydaylife

CNBC’s Jim Cramer walked investors through another week of earnings season, honing in on reports from Palantir, Berkshire Hathaway, Disney and Eli Lilly.”We’re still in earnings Hades, but at least it’s getting a little cooler out there,” he said. “That’s right, we’ve now gotten over the hump of the big-time growth stocks, the hyperscalers, but there’s plenty left.”On Saturday, Cramer will be paying attention to earnings from Berkshire Hathaway, and he suggested things might be a little different with Greg Abel at the helm. If the report is good, Cramer said he bets the stock goes higher.Monday, Cramer is watching…

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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyMike Khouw, OpenInterest.Pro, joins ‘Fast Money’ to talk what options trading is signaling ahead of next week’s slate of earnings.02:4212 minutes ago Source link

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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailOn today’s episode of CNBC Crypto World, major cryptocurrencies slide after President Trump unveiled his modified “reciprocal” tariffs on dozens of countries. Plus, Coinbase launches newly imagined “everything exchange,” which will include tokenized real-world assets, stocks, derivatives, prediction markets and early-stage token sales. And, Leah Wald, CEO of SOL Strategies, discusses the strengthening ties between Wall Street and blockchain technology. Source link

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After a perfect week last week, when the S & P 500 finished above 6,300 for the first time ever and scored five closing highs in a row , the broad market index’s momentum has hit a wall. Stocks attempted to close above 6,400 a few times this week, but even upbeat quarterly results from market leaders like Microsoft and Apple couldn’t make it happen. “Like a 5th-grader trying to eke out one more pull-up in gym class, the SPX cannot get past 6,400 no matter how hard it tries,” Wells Fargo analyst Christopher Harvey wrote in a note on…

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The top Democrat on the Senate Finance Committee called President Donald Trump’s firing of Bureau of Labor Statistics Commissioner Erika McEntarfer on Friday “the act of somebody who is soft, weak and afraid to own up to the reality of the damage his chaos is inflicting on our economy.””Bottom line, Trump wants to cook the books,” said Sen. Ron Wyden of Oregon in a statement shortly after Trump fired McEntarfer on the heels of a weaker-than-expected jobs report by the BLS.”Trump can’t get through a single day without making some catastrophic decision that undermines confidence in the U.S. economy, and…

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Dr. Adriana Kugler, member of the Board of Governors of the Federal Reserve, speaks to The Economic Club of New York in New York City, U.S., June 5, 2025. Kylie Cooper | ReutersFederal Reserve Governor Adriana Kugler announced Friday she is stepping down from her role at the central bank, creating an important vacancy at a time when President Donald Trump is pushing for lower interest rates.In a letter addressed to Trump, Kugler, 55, did not state a reason for her decision to leave, only noting that she will be returning to Georgetown University as a professor in the fall.”It…

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Travelers outside San Francisco International Airport (SFO) in San Francisco, California, US, on Friday, May 23, 2025. David Paul Morris | Bloomberg | Getty ImagesA researcher at Texas A&M University flying home from abroad was detained for more than a week by immigration authorities at the San Francisco International Airport, sleeping in a chair and living off food sold in the airport, his family and attorneys said Thursday.It was unclear why Tae Heung “Will” Kim, who is a legal permanent resident with a green card, was detained July 21, his attorney Karl Krooth said at a news conference. Kim, who went to…

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Sign at Martha’s Vineyard Airport, Massachusetts Cindygoff | Istock | Getty ImagesMartha’s Vineyard has long been a summer vacation destination for Black families, but August in the Massachusetts beach community is becoming an important hub for Black entrepreneurs, investors and financial firms, too.”I would say the magic of it is really about introducing your network to someone else’s network,” said Calvin Butts, founder of East Chop Capital, a private equity firm named after a neighborhood on the island. “We found great success raising capital there, we’ve had our portfolio companies speak as well, we’ve done very, very well with deal…

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(Check out Carter’s worthcharting.com for actionable recommendations and live nightly videos.) Here’s a brief examination of key downside levels for the SPDR S & P 500 ETF (SPY). In the context of the current sell-off in the market (the SPY at its low today is -3.16% from Thursday’s all-time high of $639.85). Support comes into play (begins) at pre-tariff sell-off all-time high of Feb. 19 at roughly the $631 level. A drawdown to said level would represent a 4.1% decline from Thursday’s all-time high. Importantly, support is not a plywood board or a concrete floor, but rather is a mattress top. Support begins at the $631…

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From left, Donald Trump and his girlfriend (and future wife), former model Melania Knauss, financier (and future convicted sex offender) Jeffrey Epstein, and British socialite Ghislaine Maxwell pose together at the Mar-a-Lago club in Palm Beach, Florida on Feb. 12, 2000.Davidoff Studios Photography | Archive Photos | Getty ImagesTwo sexual abuse victims of Jeffrey Epstein and the family of late Epstein victim Virginia Giuffre on Friday blasted President Donald Trump after learning that Epstein’s accomplice Ghislaine Maxwell had been transferred to a less restrictive prison in Texas from Florida.”This move smacks of a cover up,” Epstein victims Annie Farmer and…

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