Author: usaeverydaylife

The SpaceX Starbase industrial complex and rocket launch facility in Boca Chica, Texas, US, on Thursday, April 17, 2025. Mark Felix | Bloomberg | Getty ImagesA SpaceX crane collapse at the company’s Starbase, Texas facility on Tuesday has prompted an investigation by the Occupational Safety and Health Administration, the federal agency told CNBC in an email.The crane collapse was captured in a livestream by Lab Padre on YouTube, a SpaceX-focused channel. Clips from Lab Padre were widely shared on social media, including on X, which is owned by SpaceX CEO Elon Musk.It wasn’t immediately clear whether any SpaceX workers were…

Read More

Aerial view of Osaka SkylineNikada | E+ | Getty ImagesAsia-Pacific markets mostly rose Friday, tracking Wall Street’s gains after White House spokesperson Karoline Leavitt downplayed the impending start of the tariff deals, which have weighed on investor sentiment.July 8 is when the so-called liberation day tariffs are set to take effect after a 90-day pause, and July 9 is the deadline for an EU deal to avoid 50% tariffs.”The deadline is not critical,” said Leavitt. “Perhaps it could be extended, but that’s a decision for the president to make.7Japan’s benchmark Nikkei 225 climbed 1.07% in early trade after hitting a five-month high in its…

Read More

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyCNBC’s “Fast Money” is joined by Worth Charting’s Carter Worth to discuss why he says investors should sell TJX Companies.02:02an hour ago Source link

Read More

McCormick CEO Brendan Foley told CNBC’s Jim Cramer on Thursday that the spice maker is assessing how new tariffs will impact sourcing for its products.”This is a big area,” Foley said. “Agriculture impact is probably what we’re focused on when you’re looking at tariff impact.”Foley said the company has “done a nice job mitigating the tariff impact” going into the rest of the year. He said it’s important to understand that of the products sold in the U.S., 90% are made domestically. However, he continued, the majority of ingredients are sourced from abroad because many can’t be grown in the…

Read More

Traders work at the New York Stock Exchange on June 23, 2025.NYSES&P 500 futures sat near flat Thursday night with investors on all-time high watch and awaiting inflation data.Futures tied to the broad index traded around their flatline, as did Nasdaq 100 futures. Dow Jones Industrial Average futures added 33 points, or 0.1%.Thursday night’s action comes as traders wait to see if the S&P 500 can rise to new records. The broad index climbed 0.8% to finish the trading day at 6,141.02, bringing it only a few points away from the intraday all-time high of 6,147.43 reached in February.The Nasdaq…

Read More

Check out the companies making headlines in after-hours trading: Nike — The athletic retailer fell 2%. While Nike beat expectations on the top and bottom lines in the fiscal fourth quarter, the company said sales dropped 12% from the same period a year prior. CorMedix — The biopharmaceutical stock tumbled 10% after announcing a common stock offering of $85 million. The offering is being done through RBC Capital Markets. Core Scientific — Shares climbed 1%, building on Thursday’s 33% rally. The move higher came after The Wall Street Journal reported that CoreWeave , an artificial intelligence infrastructure vendor, was in…

Read More

JPMorgan researchers have come up with a relatively simple way to predict what’s next for the stock market, and it has good news for investors. Strategist Nikolaos Panigirtzoglou said in a note to clients that his team updated a stock prediction model that currently sees the market moving higher in the back half of the year. The model uses six signals — economic momentum, price momentum, turnover, value, positions and flows — to predict the move in the S & P 500 over the next six months. The latest reading is quite confident that stocks will go up. “The current…

Read More