California Gov. Gavin Newsom speaks during a news conference with Texas lawmakers at the Governor’s Mansion on July 25, 2025 in Sacramento, California. Justin Sullivan | Getty Images News | Getty ImagesCalifornia Gov. Gavin Newsom warned President Donald Trump on Monday that he will push to redraw his state’s congressional district maps if Trump does not call on Texas and other Republican-led states to end efforts to redraw their own districts.”You are playing with fire, risking the destabilization of our democracy, while knowing that California can neutralize any gains you hope to make,” the Democrat Newsom wrote in a letter…
Author: usaeverydaylife
(This is The Best Stocks in the Market , brought to you by Josh Brown and Sean Russo of Ritholtz Wealth Management.) Josh — I’ll start with a chart that caught my eye showing two of the seven semiconductor companies on our Best Stocks in the Market list essentially being one big trade. You can see that Nvidia and Broadcom basically have an identical chart. These stocks are being walked up into their coming earnings reports, with NVDA posting on Aug. 27 and AVGO due out Sept. 4. Here’s year-to-date percentage gains. There’s very little daylight between how these stocks…
Could Stitch Fix be on the path to a comeback? The clothing subscription service, one of the many pandemic winners that’s struggled to find itself in a post-lockdown world, is back to growth and seeing some early wins from a turnaround strategy that’s just over two years in the making. Under CEO Matt Baer, a former Walmart and Macy’s executive who was tapped to helm the business in June 2023, Stitch Fix posted its first revenue growth in 12 straight quarters for the three months ended May 3. It’s now forecasting its second consecutive quarter of top-line growth. While the apparel company’s customer…
After four previous scrubs or delays in a row since August 7th SpaceX launches Amazon KF-02 Kuipeer Satellites after the 5th attempt August 11th 2025 at 8:35 AM SLC-40 Cape Canaveral, Brevard County, Florida USA.Scott Schilke| SipaUSA |APAmazon shipped another batch of internet-beaming satellites into orbit on Monday atop a SpaceX Falcon 9 rocket, after four previous launch attempts were interrupted by weather issues.Monday’s launch is the fourth Kuiper mission, and Amazon now has 102 satellites in orbit.The Falcon 9 rocket lifted off from Cape Canaveral, Florida, at 8:35 a.m. ET. Roughly an hour after launch, SpaceX confirmed all 24…
An aerial view as a Ford sign stands on the sales lot of the Metro Ford dealership on May 06, 2025 in Miami, Florida. Joe Raedle | Getty ImagesFord on Monday announced it would invest $2 billion and create 2,200 new jobs at a Louisville, Kentucky, assembly plant aimed at rolling out more affordable electric vehicles.The investment comes on top of $3 billion already planned for a battery park in Michigan. Together the facilities will create or secure nearly 4,000 new jobs, Ford said in a news release.”We took a radical approach to a very hard challenge: Create affordable vehicles…
Cisco Systems (CSCO), a leading provider of networking, security and collaboration solutions, is scheduled to report its fiscal fourth-quarter 2025 earnings on Wednesday after the market close. Analysts estimate earnings per share (EPS) of 98 cents on revenue of approximately $14.63 billion, reflecting 7.3% year-over-year revenue growth and about 16% year-on-year free cash flow growth to just under $4.1 billion. The company’s performance has been influenced by trends in artificial intelligence (AI) infrastructure, cybersecurity demand and enterprise digital transformation. Cisco’s year-to-date total return is nearly more than 23%, outperforming QQQ by ~11% as of Friday. However, macroeconomic uncertainties, including potential…
A worker inspects cannabis plants inside the grow room at the Aphria Inc. Diamond facility in Leamington, Ontario, Canada, on Wednesday, Jan. 13, 2021. Tilray Inc. and Aphria Inc. agreed to combine their operations, forming a new giant in the fast-growing cannabis industry.Annie Sakkab | Bloomberg | Getty ImagesStock Chart IconStock chart iconCannabis ETFs, 1-dayMany stocks in the sector now sell for less than a dollar per share, meaning a move of just a few cents can lead to a large percentage change. Despite Monday’s rally, many of these stocks are far below their all-time highs.The latest gains followed a…
Michael Moritz, Sequoia CapitalScott Mlyn | CNBCRenowned venture capitalist Mike Moritz called on Intel to stand by CEO Lip-Bu Tan after President Donald Trump demanded his resignation last week.”Trump’s assault has no modern precedent,” Moritz wrote, calling the attack a “vindictive political sideshow.”Moritz, who spent decades at Sequoia Capital and has known Tan for nearly four decades, highlighted the CEO’s previous turnaround of Cadence Design Systems. Moritz said there is “no one better equipped to transform Intel’s fortunes.””Now the Intel board must decide whether to march to the beat of so many other corporate leaders and capitulate to the president’s…
Here are Monday’s biggest calls on Wall Street. Source link
US President Donald Trump speaks during a Purple Heart Day event in the East Room of the White House in Washington, DC, US, on Thursday, Aug. 7, 2025. Eric Lee | Bloomberg | Getty ImagesPresident Donald Trump is considering deploying up to 1,000 National Guard troops in Washington, D.C., as he complains about violent crime and homelessness in the capital city, NBC News reported.Trump, who has threatened to put Washington under federal control, is set to hold a news conference at 10 a.m. Monday at the White House.”Washington, D.C. will be LIBERATED today!” Trump wrote on Truth Social earlier Monday.”Crime,…
