A federal appeals court ruled on Wednesday that U.S. President Donald Trump’s executive order curtailing automatic birthright citizenship is unconstitutional. Bloomberg | Bloomberg | Getty ImagesA federal appeals court ruled Wednesday that U.S. President Donald Trump’s executive order curtailing automatic birthright citizenship is unconstitutional and blocked its enforcement nationwide.The 2-1 decision by the San Francisco-based 9th U.S. Circuit Court of Appeals marked the first time an appeals court has assessed the legality of Trump’s order since the U.S. Supreme Court in June curbed the power of lower court judges to enjoin that and other federal policies on a nationwide basis.The Supreme Court’s June 27 ruling in litigation over Trump’s birthright citizenship order limited the ability of judges to issue so-called universal injunctions and directed lower courts that had blocked the Republican president’s policy…
Author: usaeverydaylife
An Android character is displayed in front of a building on the Google headquarters campus on July 23, 2025 in Mountain View, California. Justin Sullivan | Getty Images Investors can have a reputation of being penny pinchers. For one, they tend to push up share prices on layoff announcements because of the associated cost savings. Accordingly, when a company reports slow revenue growth or an increase in spending, it’s more often than not punished in the stock market.After the bell on Wednesday, Alphabet said it would be spending $85 billion on infrastructure as it expands its artificial intelligence strategy this…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyCNBC’s MacKenzie Sigalos joins ‘Fast Money’ to talk the latest out of Alphabet’s earnings call and what is driving the stock higher in overtime.04:424 hours agoMacKenzie Sigalos Source link
Chinese yuan appreciates to strongest level against greenback since November 2024 The Chinese offshore yuan appreciated to 7.1444 against the dollar, marking the strongest level since November 2024, data from LSEG showed.Similarly, the Thai baht appreciated to 32.07 per U.S. dollar, marking the strongest against the greenback since February 2022.— Lee Ying ShanJapan’s Topix hits record high as Asia-Pacific trading startsJapan’s broad-based Topix rose 1.2% to hit a record high in early Asia trading hours, data from LSEG showed.The benchmark Nikkei 225 rose 1.09%, extending gains from Wednesday following the announcement of Japan’s trade deal with the U.S.South Korea’s Kospi rose…
Deepwater’s Gene Munster joins ‘Fast Money’ to talk Alphabet and Tesla quarterly results. Source link
According to CNBC’s Jim Cramer, this market is hard to pin down. On Wednesday he described a fraught environment, highlighting both positive and negative themes that are driving the action.”It’s mixed. Some good, some bad…When it gets all good, it will be too good. When it gets all bad, it’ll be too bad,” he said. “Maybe right now it’s just right — and we should be skeptical, but not cynical, because there’s too much money being made, and I don’t want you to leave the table.”Cramer mentioned President Donald Trump’s trade deal with Japan. Trump announced Tuesday that he would…
Sundar Pichai, CEO of Alphabet Inc., during Stanford’s 2024 Business, Government, and Society forum in Stanford, California, April 3, 2024.Justin Sullivan | Getty ImagesGoogle is going to spend $10 billion more this year than it previously expected due to the growing demand for cloud services, which has created a backlog, executives said Wednesday.As part of its second quarter earnings, the company increased its forecast for capital expenditures in 2025 to $85 billion due to “strong and growing demand for our Cloud products and services” as it continues to expand infrastructure to power more AI services that use its cloud technology.…
The S&P 500 climbed to a fresh record close — its 12th of 2025 — as traders hoped for trade deals. Here’s what’s on CNBC’s radar going into Thursday. Source link
The final trades of the day with CNBC’s Melissa Lee and the Fast Money traders. Source link
View across the Hangang River in Seoul, South Korea.Universal History Archive | Universal Images Group | Getty ImagesSouth Korea avoided a technical recession as its economy expanded 0.6% from the previous quarter, according to advance estimates, beating expectations.This was higher than the 0.5% expected by economists polled by Reuters, and a reversal from the 0.2% contraction seen in the first quarter.On a year-over-year basis, the country’s GDP rose 0.5%, up from 0% in the first quarter and a 0.4% expansion expected by economists in a Reuters poll.Exports of both goods and services grew strongly in the second quarter, rising 4.2%…
