Author: usaeverydaylife

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: Stocks are wrapping up a strong week with modest gains in Friday’s session, as the S & P 500 aims for its fifth consecutive positive day. The broad index is up around 5% week to date, while the tech-heavy Nasdaq has surged roughly 7%. The week began with a fierce rally, driven by an agreement between the U.S. and China to reduce tariffs for 90 days and work toward an…

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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyMike Khouw, OpenInterest.Pro chief strategist, lays out an options trade on Ralph Lauren ahead of the company’s earnings.02:374 hours ago Source link

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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailOn today’s episode of CNBC Crypto World, Galaxy Digital shares open for trading on the Nasdaq. Plus, XRP falls after a federal judge rejects the SEC and Ripple’s $50 million settlement proposal. And, Paul Grewal, Coinbase’s chief legal officer, addresses the data breach that could cost the crypto exchange up to $400 million to fix.13:54Fri, May 16 20253:18 PM EDT Source link

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Former U.S. President Joe Biden speaks at a conference hosted by the Advocates, Counselors, and Representatives for the Disabled (ACRD) on April 15, 2025 in Chicago, Illinois. Scott Olson | Getty ImagesNewly released audio of a special counsel interviewing then-President Biden confirms memory lapses that White House officials denied at the time, including a president clearly struggling to remember the year his oldest son died. Even after the transcript was released, Biden aides, including then White House spokesman Ian Sams, insisted that the president did not forget the year that his son, Beau, died of brain cancer The audio shows that Biden struggled to remember…

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The Trump administration is working on a plan to permanently relocate up to 1 million Palestinians from the Gaza Strip to Libya, five people with knowledge of the effort told NBC News.The plan is under serious enough consideration that the administration has discussed it with Libya’s leadership, two people with direct knowledge of the plans and a former U.S. official said. In exchange for the resettling of Palestinians, the administration would potentially release to Libya billions of dollars of funds that the U.S. froze more than a decade ago, those three people said.No final agreement has been reached, and Israel has been kept informed of…

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CNBC’s Jim Cramer on Friday walked investors through next week’s market action, honing in on a keynote speech from Nvidia’s Jensen Huang and earnings from retail names including Target, Ralph Lauren and TJX. He struck an optimistic tone about the market’s capacity to secure gains — as long as trade tensions don’t worsen between the U.S. and China.”Unless we get news of new hostilities in the trade war with China, I think this market’s propensity will still be to go higher, even though we are overbought,” he said. “And even with this late night credit rating downgrade of the U.S.…

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Tesla CEO Elon Musk speaks at an opening ceremony for Tesla China-made Model Y program in Shanghai on Jan. 7.Aly Song | ReutersIn a regulatory filing out Friday, Elon Musk-led automaker Tesla announced a change to its corporate bylaws that will limit shareholders ability to sue the company if investors believe the company’s board or executives committed any breach of fiduciary duties.The filing says the new bylaw went into effect as of May 15, and that Tesla has adopted “an ownership threshold requiring any shareholder or group of shareholders to hold shares of common stock sufficient to meet an ownership…

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