Former mayor of New York City and former Trump lawyer Rudy Giuliani reacts at the Nassau Veterans Memorial Coliseum during a rally held by Republican presidential nominees and former U.S. President Donald Trump, in Uniondale, New York, U.S., September 18, 2024. Brendan Mcdermid | ReutersFormer New York City Mayor Rudy Giuliani is officially disbarred from practicing law in the nation’s capital over his efforts to overturn Donald Trump’s 2020 election loss based on false claims of widespread fraud, a court ruled Thursday.The decision by a three-judge panel on the District of Columbia Court of Appeals was just the latest blow for…
Author: usaeverydaylife
Real Madrid coach Carlo Ancelotti was in typically relaxed form when he spoke to the media before Tuesday’s La Liga game at home to Deportivo Alaves this week.“I’ve been lucky enough to coach 300 games at the best club in the world,” Ancelotti said. “To be on this bench is something special. To sit there 300 times… I’m not saying it’s a miracle, but almost.”To reach such a milestone at any big European club is a superb achievement. It is especially impressive at Real Madrid, given president Florentino Perez’s history of hiring and firing coaches. Only one manager has taken…
Hoda Kotb on the set of the TODAY Show on Friday, April 12, 2024,Nathan Congleton | Nbcuniversal | Getty ImagesHoda Kotb will be leaving her role as a co-anchor on NBC’s “TODAY” show early next year, she announced in a letter to staff on Thursday.”As I write this, my heart is all over the map,” she wrote. “I know I’m making the right decision, but it’s a painful one. And you all are the reason why. They say two things can be right at the same time, and I’m feeling that so deeply right now. I love you and it’s time for…
Check out the companies making headlines before the bell. Starbucks — The coffee chain rose more than 2% after Bernstein upgraded the stock to outperform from market perform. The firm is bullish on new CEO Brian Niccol who began on Sept. 9. New York Community Bancorp — Shares of the regional lender gained more than 4% after Barclays upgraded shares to overweight as it repositions itself following a rocky patch. Micron Technology , chip stocks — Micron shares surged nearly 17% after offering a stronger-than-expected revenue forecast for the fiscal first quarter. Other chip stocks also rose in tandem Thursday…
Digital Realty Trust is a key play on artificial intelligence data centers entering the fourth quarter as interest remains strong in the space, according to Goldman Sachs. Analyst James Schneider has a buy rating and top pick designation for the data center owner. Schneider raised his price target by $10 to $185, which now reflects upside potential of more than 13% over Wednesday’s close. “We believe most investors are constructive on DLR given strong fundamentals stemming from strong AI demand from hyperscalers, as well as tight power supply constraining power provisioned to new datacenter projects,” Schneider wrote to clients in…
David Tepper, founder and president of Appaloosa Management.David Orrell | CNBCAppaloosa Management’s David Tepper said investors should believe the Federal Reserve when it says it will lower interest rates because the central bank has now to keep credibility.”You just read what these guys are saying,” Tepper said on CNBC’s “Squawk Box” Thursday. “Powell told you something… He told you some kind of recalibration. He has to follow through somewhat. I’m not that smart. I just read what they say and do they have conviction. They usually do what they say, especially when they have this level of conviction.”The Fed last…
Billionaire hedge fund founder David Tepper said his big bet after the Federal Reserve’s rate cut was to buy Chinese stocks. “We got a little bit longer, more Chinese stocks,” Tepper told CNBC’s “Squawk Box” on Thursday. “And so, I have limits, historic limits. I probably said a long time ago, I don’t go above 10% or 15%. Well, that’s probably not true anymore.” In fact, the founder of Appaloosa Management said he may have doubled his limit to China equities, saying he bought more of “everything” such as large-cap tech giants Alibaba and Baidu after the U.S. lowered interest…
The communications services sector has been on an unbelievable tear for nearly two years. Source link
Appaloosa Management’s David Tepper said he is hesitant in buying more shares of the red-hot chipmaker Nvidia even though the stock looks attractive to him. “We sold a lot of our Nvidia. We thought [the stock] was too high at the time and would come down. Unfortunately, we didn’t buy it when it came back down,” Tepper said on CNBC’s ” Squawk Box ” Thursday. “Those stocks like Nvidia is a question. Do you have enough power for the growth? Do you have the next generation models that can take their chip?” The hedge fund manager dumped more than 80%…
Voters cast their mail-in ballots at a ballot drop box outside Maricopa County Recorder and Elections Department southeast Mesa office during the Arizona state primary election in Mesa, Arizona, U.S. July 30, 2024. Rebecca Noble | ReutersDerek Bowens has never had such an important job. He’s the director of elections in Durham County, North Carolina, one of the most-populous areas of a state that’s increasingly viewed as crucial to the 2024 presidential contest.So when a former precinct official emailed Bowens in July to warn him of a post containing voting misinformation that was spreading virally on Facebook, Bowens quickly recognized that…
