Carl Rizzuto, Versant Ventures managing director, joins ‘Fast Money’ to talk the impact of tariffs on healthcare. Source link
Author: usaeverydaylife
FILE PHOTO: Loren AliKhan, Deputy Solicitor General for the District of Columbia, speaks during a Senate Judiciary Committee hearing on Universal Injunction Challenges in Washington on Tuesday, Feb. 25, 2020. Caroline Brehman | CQ-Roll Call, Inc. | Getty ImagesSome forms of federal aid spending still appear to be frozen, a federal judge in Washington said Monday, despite a court order blocking the Trump administration’s funding pause and the Office of Management and Budget’s move last week to rescind its own memo announcing the policy.President Donald Trump ordered a freeze on domestic and foreign federal aid last week in an effort to halt funding for causes that…
The Senate confirmed Chris Wright to lead the U.S. Department of Energy on Monday, putting the former oil executive in a key position to help shape President Trump’s energy policies.Mr. Wright, the founder and chief executive of Liberty Energy, a fracking firm, was confirmed by a vote of 59 to 38, with support from all Republicans present and a smaller number of Democrats. He would be the 17th secretary of energy, a position that was created in 1977.At his confirmation hearing, Mr. Wright said his top priority was to “unleash” domestic energy production, including liquefied natural gas and nuclear power.…
The final trades of the day with CNBC’s Melissa Lee and the Fast Money traders. Source link
Ontario Premier Doug Ford speaks to journalists at a provincial and territorial leaders meeting in Ottawa, Ontario, Canada Jan. 15, 2025. Blair Gable | ReutersThe Canadian province of Ontario on Monday said it was pausing a number of planned retaliatory measures against the United States, including the cancellation of a C$100 million ($68.12 million) contract with Elon Musk’s Starlink.Premier Doug Ford made the announcement after President Donald Trump said he was postponing by 30 days a series of tariffs against imports from Canada.Earlier in the day, Ford had also said Ontario would ban U.S. companies from provincial contracts and order the…
The Athletic has live coverage of the 2025 NBA trade deadline. The Los Angeles Lakers have been involved in some of the biggest trades in NBA history, but Saturday night’s deal might be the biggest of all time.Yes, there’s recency bias, and there’s no way of knowing how the deal will pan out. But the Lakers acquiring Luka Dončić, a 25-year-old who is a five-time NBA All-Star and five-time All-NBA First Team selection — someone who just led the Dallas Mavericks to the NBA Finals last season — is monumental. Players with Dončić’s credentials at his age rarely get traded, much…
Retaliatory tariffs from the U.S.’s major trading partners may be set to hurt some stocks more than others. Stocks briefly reeled Monday from the threat of President Donald Trump’s newly imposed tariffs. On Saturday, Trump levied a 25% tariff on goods imported from Canada and Mexico, 10% on Canadian oil and 10% on Chinese imports. The administration later suspended the tariffs on Mexican imports for one month on Monday after President Claudia Sheinbaum agreed to send 10,000 troops to the U.S. border. exports Global stocks plummeted upon the news, with the S & P 500 losing as much as 1.9%…
Check out the companies making headlines in after-hours trading. Palantir Technologies — Shares of the defense tech company surged 21% after Palantir exceeded estimates on the top and bottom lines for the fourth quarter, and gave better-than-expected guidance for the full year. The company reported adjusted earnings of 14 cents a share while analysts polled by LSEG forecasted 11 cents a share. Revenue came out at $828 million for the period, while analysts called for $776 million. Palantir’s chief executive Alex Karp said much of the company’s growth is due to its use of artificial intelligence. Healthpeak Properties — The…
Here are Monday’s biggest calls on Wall Street: Citi reiterates Roblox as buy Citi raised its price target on the stock to $82 per share from $63 ahead of earnings later this week. “Since 3Q24 earnings, Roblox’s equity has appreciated from $42 to $70 a share due, primarily, to ~34% bookings growth in the quarter. We believe new experiences played a role in driving the bookings growth.” Baird downgrades CrowdStrike to neutral from outperform The firm downgraded the cyber stock on valuation. “Current large-cap multiples embed historically wide premiums, reflecting some market dislocation. We see balanced risk/reward near-term and prefer…
CrowdStrike has emerged as an attractive stock as U.S. tariff worries rattled stocks on Monday, according to Ari Wald, head of technical analysis at Oppenheimer. Wald appeared on CNBC’s “Power Lunch” on Monday to share a few of his favorite names after U.S. President Donald Trump signed an order to implement tariffs against key global trade partners. On Monday, markets initially slid on worries of a potential global trade war and the impact on earnings and valuations of U.S. companies. Though the Dow Jones Industrial Average at one point tumbled more than 600 points, the major averages ultimately curtailed their…
