Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as stocks closed higher in volatile trading following the Federal Reserve’s policy announcement, and what’s on the radar for the next session. Citadel’s Ken Griffin and the markets Big headlines from one of the world’s most successful investors, Ken Griffin, in an interview with CNBC TV’s Sara Eisen late this afternoon. Thank you to supervising producer Michael Newberg of “Closing…
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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyTom Rogers, fmr. NBC Cable president, joins ‘Fast Money’ to talk Disney’s earnings beat and surge in streaming audience.05:173 hours ago Source link
Brazil’s central bank raised interest rates by 50 basis points Wednesday in a sixth straight hike that pushed borrowing costs to their highest in nearly 20 years, and left future steps open amid global uncertainties and sticky domestic inflation.The bank’s monetary policy committee, known as Copom, raised the Selic to 14.75% in a unanimous decision, matching forecasts from 32 of 35 economists in a Reuters poll.Policymakers stressed that the current environment calls for a “significantly contractionary monetary policy for a prolonged period” to bring inflation to target, dropping previous language about the need for “a more contractionary” stance.”For the next meeting, the scenario of heightened…
A screen showing the Shanghai composite index (top), Shenzhen component index (C) and Beijing stock exchange 50 index (bottom) in Jing’an district in Shanghai on April 9, 2025. Hector Retamal | Afp | Getty ImagesAsia-Pacific markets were set to mostly climb, tracking Wall Street gains after the U.S. Federal Reserve expectedly kept rates unchanged.Japan’s benchmark Nikkei 225 is set to open higher, with the futures contract in Chicago at 37,010 while its counterpart in Osaka last traded at 36,960, against the index’s last close of 36,779.66.Futures for Hong Kong’s Hang Seng index stood at 22,466, higher than HSI’s last close of…
‘Fast Money’ traders talk Uber results. Source link
Vcg | Visual China Group | Getty ImagesDavid Bailey, CEO of media group BTC Inc., and a key crypto advisor to President Donald Trump, has raised $300 million to launch a publicly traded bitcoin investment company, CNBC has confirmed.The deal, which has been in the works since January, consists of $200 million in equity funding and $100 million in convertible debt, according to a person familiar with the matter who asked not to be named because the fundraise hasn’t been announced. The Information was first to cover the story.Bailey’s company is named Nakamoto, a tribute to the pseudonymous bitcoin creator…
A coalition of states led by Washington, Colorado and California sued the Trump administration on Wednesday, charging that it was unlawfully withholding billions of dollars allocated by Congress for electric-vehicle charging stations across the United States.The 2021 bipartisan infrastructure law provided $5 billion to states to build stations around the country. So far, 71 stations have been built, with many more in development, according to the research firm Atlas Public Policy.The lawsuit, filed in the U.S. District Court for the Western District of Washington in Seattle, states that federal agencies have unlawfully frozen those funds and halted approvals for new…
Citadel CEO Ken Griffin speaks during the Semafor World Economy Summit 2025 at Conrad Washington on April 23, 2025 in Washington, DC. Kayla Bartkowski | Getty ImagesBillionaire Ken Griffin, founder and CEO of the Citadel hedge fund, said working class Americans will bear the brunt of President Donald Trump’s punitive tariffs on U.S. trading partners.”Tariffs hit the pocketbook of hardworking Americans the hardest,” Griffin said on CNBC’s “Closing Bell” Wednesday. “It’s like a sales tax for the American people. It’s going to hit those who are working the hardest to make ends meet. That’s my big issue with tariffs. It’s such a…
The final trades of the day with CNBC’s Melissa Lee and the Fast Money traders. Source link
A trader works, as a screen broadcasts a news conference by U.S. Federal Reserve Chair Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 7, 2025. Brendan McDermid | ReutersStock futures were relatively unchanged on Wednesday evening on the heels of the Federal Reserve holding steady on rates as it highlighted rising inflation and unemployment risks.S&P 500 futures traded down by 0.1%, along with Nasdaq-100 futures. Futures tied to the Dow Jones Industrial Average dropped 52 points, or 0.1%.The Federal Reserve kept its benchmark overnight borrowing…
