ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyStacy Rasgon, Bernstein, joins ‘Fast Money’ to talk the latest report around Intel that is dragging the stock lower.05:4723 minutes ago Source link
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Traders work at the New York Stock Exchange on July 2, 2025. NYSEU.S. stock futures were little changed on Wednesday night as traders braced for June’s big jobs report.S&P 500 futures and Nasdaq 100 futures were fractionally higher. Futures tied to the Dow Jones Industrial Average rose 14 points, or less than 0.1%.Earlier in the day, the S&P 500 rose 0.47% to notch a record close. The broad market index also posted a fresh all-time intraday high. The Nasdaq Composite also rallied 0.94% to a record close. The 30-stock Dow trailed behind with a narrow loss of 0.02%.The moves followed…
The Lucid display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBCLucid missed Wall Street expectations for second-quarter deliveries on Wednesday, hit by softer demand for its luxury electric vehicles as consumers grapple with economic uncertainty and higher costs.The company delivered 3,309 vehicles in the quarter, compared with estimates of 3,611 vehicles, according to seven analysts polled by Visible Alpha.Demand for Lucid’s pricier luxury EVs have been softer as consumers, pressured by high interest rates, shift towards cheaper hybrid and gasoline-powered cars.U.S. President Donald Trump’s tariff policy has led to a rise…
The ‘Fast Money’ traders react to Microsoft layoffs and AI chip announcement. Source link
2018 Vanity Fair Oscar Party – Arrivals – Beverly Hills, California, U.S., 04/03/2018 – Rapper P. Diddy. Danny Moloshok | ReutersA judge declined Wednesday to grant bail to Sean “Diddy” Combs, meaning the hip hop mogul won’t go free while he awaits sentencing in his sex crimes case.The bond decision came after a jury convicted Combs of federal prostitution-related offenses but acquitted him of sex trafficking and racketeering charges.Combs, 55, has been behind bars since his arrest in September.The Grammy-winning impresario stands convicted of two counts of a crime — transportation to engage in prostitution — that carries a maximum…
Clear and its dedicated security lines have become a common sight across major airports throughout the U.S. and globally in cities including Amsterdam, Montreal and Rome.Caryn Seidman Becker had a vision to transform the security part of the travel experience when she bought the company now known as Clear out of bankruptcy alongside co-founder Ken Cornick in 2010, aiming to make the experience easier, with less friction for travelers while also making the security process more secure and safe.But as identity and security challenges grow in an age of AI, deepfakes and bad actors, Seidman Becker sees plenty of room…
Jaque Silva | Nurphoto | Getty ImagesOpenAI is distancing itself from Robinhood’s latest crypto push after the trading platform began offering tokenized shares of OpenAI and SpaceX to users in Europe.”These ‘OpenAI tokens’ are not OpenAI equity,” OpenAI wrote on X. “We did not partner with Robinhood, were not involved in this, and do not endorse it.”The company said that “any transfer of OpenAI equity requires our approval — we did not approve any transfer,” and warned users to “please be careful.”Robinhood announced the launch Monday from Cannes, France, as part of a broader product showcase focused on tokenized equities,…
Senate Majority Leader John Thune (R-SD), flanked by Sen. John Barrasso (R-Wyoming), Sen. Mike Crapo (R-Idaho) and Sen. Lindsey Graham (R-SC), speaks to reporters after the Senate passed President Trump’s reconciliation package on July 1, 2025.Bill Clark | Cq-roll Call, Inc. | Getty ImagesTax cuts are the centerpiece of a massive legislative package championed by President Trump and passed Tuesday by Senate Republicans.Many new tax breaks in the bill — on auto loans, tips and overtime pay, and for older Americans — are structured as tax deductions.How much money you save with tax deductions, which reduce your taxable income, depends…
I recently laid out a bullish thesis for Target , which is poised for a bullish turnaround after shedding 50% of its market value over the past year. Recently breaking out above a critical resistance level, TGT has begun to show early signs of sector and market outperformance. Coupled with its compelling valuation relative to industry peers, this scenario presents an optimal moment to seek bullish exposure using options. Trade timing The timing for adding bullish exposure to TGT is optimal, as the stock has recently broken out above its $100 resistance, marking the end of a three-month sideways consolidation.…
Bottles of Modelo beer are displayed on a shelf at a BevMo store on January 05, 2024 in San Rafael, California. Justin Sullivan | Getty ImagesConstellation Brands’ beer sales fell 2% in its latest quarter as President Donald Trump’s deportations and consumers’ broader economic fears weighed on demand.In April, Constellation CEO Bill Newlands said that Hispanic consumers are spending less due to their concerns about Trump’s hard-line immigration policy and possible job losses in industries with high Latino employment bases. During Wednesday’s earnings conference call, Newlands acknowledged that raids by U.S. Immigration and Customs Enforcement were making it difficult to…
