Sen. Thom Tillis, R-N.C., speaks to reporters as he leaves the Senate floor in the U.S. Capitol on Thursday, March 13, 2025. Bill Clark | Cq-roll Call, Inc. | Getty ImagesA key Republican senator on Tuesday said he would not support the nomination of Ed Martin, President Donald Trump’s pick to be the U.S. Attorney for the District of Columbia, dealing a potentially fatal blow to Martin’s chances of winning Senate confirmation.Sen. Thom Tillis, R-N.C., said, “I’ve indicated to the White House I wouldn’t support his nomination.”Tillis cited Martin’s support for criminal defendants in Jan. 6, 2021, U.S. Capitol riot…
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Large plumes of black smoke billowed over Sudan’s de facto wartime capital on Tuesday, as attacks on a city that had become a haven for civilians fleeing civil war stretched into a third day.The Sudanese paramilitary group known as the Rapid Support Forces has launched a series of drone attacks on the military-controlled Red Sea city of Port Sudan, targeting key civilian facilities, including the airport and a hospital.On Tuesday, drones hit a fuel depot near the port and the airport, according to multiple eyewitnesses, rattling the city and leaving its streets nearly deserted. Khalid Ali Aleisir, Sudan’s minister of…
Palantir co-founder and CEO Alex Karp speaks during the Hill & Valley Forum at the US Capitol Visitor Center Auditorium in Washington, DC, on April 30, 2025. Brendan Smialowski | Afp | Getty ImagesPalantir shares dropped more than 10% Tuesday even after the data analytics and artificial intelligence software company showed ongoing revenue growth acceleration.”Some investors may be disappointed with the modest full- year revenue guidance raise, the sequential margin decline, and the international commercial revenue year-over-year decline,” wrote William Blair analyst Louie DiPalma, adding that the company’s high software multiple makes it “vulnerable” to compression as revenue growth slows.Despite…
After a historic correction that briefly brought the market to its knees, the S & P 500 has come roaring back — recovering around 16% in less than a month off its April lows. Leading the charge are many of the “Magnificent Seven” stocks, including Alphabet (GOOG) , which is showing strong momentum in this rally. To identify a potential bullish trade setup on GOOG, I’m analyzing a couple of key technical indicators for confirmation: MACD (12,26,9): The MACD is a versatile indicator that can help spot both trend reversals and the strength of the current trend. Right now, the…
Travelers walk past a sign pointing toward the Uber rideshare vehicle pickup area at Los Angeles International Airport (LAX) on February 8, 2023 in Los Angeles, California.Mario Tama | Getty ImagesUber will acquire an 85% stake in Turkish food delivery platform Trendyol GO for about $700 million in cash, the company said in a securities filing.The deal, subject to regulatory approval, is expected to close in the second half of this year. Uber said it expects the transaction to be accretive to its growth once completed.”Uber and Trendyol GO coming together will elevate the delivery sector in Türkiye for consumers,…
RIO DE JANEIRO, BRAZIL – NOVEMBER 18: UK Prime Minister Sir Keir Starmer (L) during a bilateral meeting with Prime Minister of India Narendra Modi as he attends the G20 summit at the Museum of Modern Art on November 18, 2024 in Rio de Janeiro, Brazil. Keir Starmer is attending his first G20 Summit since he was elected Prime Minister of the UK. He is expected to hold talks with President Xi Jinping of China, the first time a UK PM has done so for six years. (Photo by Stefan Rousseau – WPA Pool/Getty Images)Wpa Pool | Getty Images News…
Check out the companies making headlines before the bell. Palantir Technologies – The defense technology stock fell more than 8% after it earned an adjusted 13 cents per share in the first quarter, matching analyst expectations, according to LSEG, while revenue of $884 million topped the $863 million that analysts were looking for. Palantir also boosted its full-year revenue guidance, but FactSet’s StreetAccount cited a “lower magnitude of Q1 beat, weaker Europe, slowing customer growth rates, tariffs/trade tensions, and valuation” as causes of the decline. Ford Motor – The F-series pickup truck maker fell more than 2% after it suspended…
Here are Tuesday’s biggest calls on Wall Street: Goldman Sachs reiterates Tesla as neutral Goldman said China remains Tesla’s largest market and that it’s bullish on the company’s full self driving capabilities but that it’s sticking with its neutral rating right now. “We believe that Tesla’s ability to leverage its Full Self Driving software in China will be important for the stock going forward given the size of the China market for vehicles, the increasingly competitive landscape for ADAS [advanced driver assistance systems] software and robotaxi offerings in the region and the role that future profits from AI enabled products…
Paul Tudor Jones speaking at the World Economic Forum in Davos, Switzerland, January 21, 2020.Adam Galica | CNBCBillionaire hedge-fund manager Paul Tudor Jones said Tuesday stocks are bound to hit new lows even if President Donald Trump dials back his aggressive tariffs on China. This is breaking news. Please check back for updates. Source link
Friedrich Merz was poised to be sworn in as Germany’s 10th chancellor on Tuesday morning, but he failed to win enough votes in parliament, which is usually merely a symbolic step. In a secret ballot, he was just six votes short of a 316-vote majority.Parliament now has two weeks to try to rally support to make Mr. Merz or another candidate chancellor in a second vote. There is no limit on the number of votes that can take place. It was not immediately clear whether lawmakers would attempt another vote on Tuesday or wait.If Mr. Merz fails to secure a…