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U.S. President Donald Trump walks before signing the “Genius Act”, which will develop regulatory framework for stablecoin cryptocurrencies and expand oversight of the industry, at the White House in Washington, D.C., U.S., July 18, 2025. Nathan Howard | ReutersPresident Donald Trump was told in May by Attorney General Pam Bondi that his name appeared multiple times in Department of Justice documents about sex offender Jeffrey Epstein, The Wall Street Journal reported Wednesday.Trump’s meeting with Bondi and her deputy Todd Blanche at the White House occurred weeks before the DOJ, which Bondi leads, said on July 7 that it would not…
[The stream is slated to start at 5 p.m. ET. Please refresh the page if you do not see a player above at that time.]President Donald Trump is set to deliver remarks on artificial intelligence and sign AI-related executive orders as he rolls out his administration’s “action plan” to give the U.S. a competitive advantage with the nascent technology.White House officials said earlier Wednesday that the plan includes requiring AI developers to ensure their chatbots are “free of ideological bias” in order to be eligible for federal contracts.”We believe that AI systems should be free of ideological bias and not…
In 2019, just after her 30th birthday, Aleese Lightyear left a career in reality TV production behind to teach English as a second language in China.At the time, Lightyear was earning around $100,000 a year, working eight months out of the year.”I was living check to check, which sucked. My last few years living and working in New York City were some of the most stressful years of my life,” Lightyear tells CNBC Make It. “I was tired of working 70 hours a week for ten years. Being in my 20s, I felt like a 50-year-old woman.”It was a quick…
GE Vernova shares rallied more than 15% to a new all-time high Thursday after the power equipment maker reported strong results and raised guidance — “maybe the best story in the entire market,” Jim Cramer said . Revenue for the three months ended June 30 increased 11% year over year to $9.11 billion, topping expectations of $8.8 billion, according to LSEG. Organically, revenue increased 12%, beating the 10.6% Street estimate, according to FactSet Orders increased 4% organically to $12.4 billion, driven by strong demand for power and electrification solutions. Analysts often focus on orders to gauge demand, versus sales, which could…
Check out the companies making headlines after the bell : T-Mobile — Shares of the mobile telecommunication company jumped more than 4% after its second-quarter earnings topped Wall Street’s estimates. T-Mobile reported earnings $2.84 per share on $21.13 billion in revenue, above the $2.67 per share and $21.02 billion in revenue that analysts surveyed by LSEG had penciled in. Las Vegas Sands — The casino operator’s stock advanced nearly 5% on the heels of better-than-expected results for the second quarter. Las Vegas Sands reported adjusted earnings of 79 cents per share, beating out the consensus estimate of 53 cents per…
From left, Sen. Susan Collins, R-Maine, and Sen. Lisa Murkowski, R-Alaska, talk as they arrive for a vote in the U.S. Capitol on Wednesday, April 30, 2025. Bill Clark | Cq-roll Call, Inc. | Getty ImagesRepublican Sens. Susan Collins and Lisa Murkowski are joining Democrats to back a new bill that would exempt millions of U.S. small businesses from President Donald Trump’s tariffs on Canadian goods.The two-page bill, titled the “Creating Access to Necessary American-Canadian Duty Adjustments Act” — which shortens to the CANADA Act — comes as Trump threatens to slap a blanket 35% tariff on Canadian imports starting…
A Southwest Airlines Boeing 737 taxis at Ronald Reagan Washington National Airport on May 16, 2025 in Arlington, Virginia. Kevin Carter | Getty ImagesSouthwest Airlines on Wednesday posted second-quarter earnings and revenue that fell short of Wall Street’s estimates but said travel demand has stabilized, echoing other airlines in recent weeks.The airline also announced a new $2 billion share buyback.Here’s how Southwest performed in the second quarter compared with Wall Street expectations, according to consensus estimates from LSEG:Earnings per share: 43 cents adjusted vs. 51 cents expectedRevenue: $7.24 billion vs. $7.3 billion expectedThe carrier pulled its 2025 guidance in April, citing economic uncertainty in…
IBM CEO Arvind Krishna appears at the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024.Stefan Wermuth | Bloomberg | Getty ImagesIBM shares fell as much as 5% in extended trading on Wednesday after the tech conglomerate issued second-quarter results that topped Wall Street projections.Here’s how the company did in comparison with LSEG consensus:Earnings per share: $2.80 adjusted vs. $2.64 expectedRevenue: $16.98 billion vs. $16.59 billionIBM’s revenue increased nearly 8% year over year in the quarter, according to a statement. Growth in the first quarter was below 1%. Net income, which includes costs related to acquisitions, rose to $2.19…
Bill McDermott, Chairman, President & CEO ServiceNow, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Adam Galici | CNBCServiceNow posted strong second-quarter results and lifted its guidance Wednesday. Shares climbed 7% following the report.Here’s how the company performed compared to LSEG estimates:Earnings per share: $4.09 adjusted vs. $3.57 expectedRevenue: $3.22 billion vs. 3.12 billion expectedSubscription revenues, which account for the majority of the enterprise technology company’s revenues, hit $3.11 billion and topped a $3.03 billion forecast from StreetAccount.The company boosted its full-year subscription revenue guidance to between $12.775 billion…
