“Trump 2028” hat is seen for sale on the Trump Store.Courtesy: Trump StoreThe online store for the Trump Organization on Thursday began selling red hats and t-shirts bearing the message “Trump 2028,” further fueling suspicions that President Donald Trump will seek a third term in the White House despite a constitutional bar to doing so.The White House referred CNBC to the Trump Organization when asked about the apparel. White House Press Secretary Karoline Leavitt told NBC News, “But it’s a cool hat and I suspect it will be highly popular!” The hat costs $50, and a red shirt bearing the “Trump 2028″…
Author: usaeverydaylife
Meta CEO Mark Zuckerberg presents Orion AR Glasses as he makes a keynote speech during the Meta Connect annual event at the company’s headquarters in Menlo Park, California, on Sept. 25, 2024.Manuel Orbegozo | ReutersMeta has laid off employees in its Reality Labs division that is tasked with developing virtual reality, augmented reality and related wearable devices.The cuts affected an unspecified number of employees working in the division’s Oculus Studios unit, which develops VR and AR games and content for Meta’s Quest VR headsets, a company spokesperson told CNBC.”Some teams within Oculus Studios are undergoing shifts in structure and roles…
Eighty years since the end of World War II, Mayor Femke Halsema of Amsterdam apologized on Thursday for the city’s role in the persecution of its Jewish residents during the Holocaust, in a rare acknowledgment of a collective moral failure by a city leader.“Amsterdam’s’ government was, when it mattered, not heroic, not determined and not merciful,” she said. “And it horribly abandoned its Jewish residents.”Ms. Halsema issued the apology in a speech at a Holocaust commemoration at the Hollandsche Schouwburg, a theater that the Nazis turned into a major deportation center from which many of Amsterdam’s Jews were sent to…
The Intel headquarters in Santa Clara, California, US, on Wednesday, April 23, 2025. Intel Corp. is scheduled to release earnings figures on April 24. David Paul Morris | Bloomberg | Getty ImagesIntel reported first-quarter results on Thursday that beat analysts’ estimates, while issuing disappointing guidance and announcing plans to slash operational and capital expenses in the coming year, the first under CEO Lip-Bu Tan. The stock fell 6% in extended trading.Here’s how the company did, versus LSEG consensus estimates:EPS: 13 cents, adjusted vs. 1 cent estimatedRevenue: $12.67 billion vs. $12.3 billion estimatedIntel said it expects revenue for the current quarter…
Wall Street analysts are even more confident in telecommunications company AT & T after its latest earnings report. AT & T is a safe haven, high-yielding play that has already outperformed this year, rallying more than 19% even as the S & P 500 has fallen 8%. Over the past 12 months, AT & T has surged more than 61%. It also pays a dividend equal to a 4.1% yield today. The company’s first-quarter results left analysts bullish on AT & T, saying solid results driven by a strong showing in subscriber count and expanding profit margins show the wireless…
Shares of Club name Dover climbed higher Thursday after the industrial conglomerate reported mixed first-quarter results. Although the company lowered its full-year outlook, the market quickly caught on to management’s conservatism, allowing the stock to rally. Revenue in the first quarter dipped 1% year over year to $1.86 billion, slightly missing the $1.88 billion consensus, according to estimates compiled by LSEG. Adjusted earnings per share (EPS) in the three months ended March 31 totaled $2.05, outpacing expectations of $1.98 per share, LSEG data showed. The stock climbed nearly 2% in late afternoon trading Thursday. Shares are still down sharply from…
The Bank of England is focused on the potential impact of U.S. tariffs on U.K. economic growth if there is a slowdown in global trade, the central bank’s governor Andrew Bailey said Thursday.”We’re certainly quite focused on the growth shock,” Bailey told CNBC’s Sara Eisen in an interview at the IMF-World Bank Spring Meetings.Going into its May 8 monetary policy meeting, the central bank will consider “arguments on both sides” around the impact of tariffs on growth and domestic supply constraints on inflation, Bailey said.”There is clearly a growth issue we start with, with weak growth … but a big…
With broad disruption in the equity markets in recent weeks, it’s becoming increasingly challenging to find stocks that are still above upward-sloping 200-day moving averages. Not only are shares of Progressive Corp. (PGR) still trading above this key trend barometer, they appear to be following a familiar pullback pattern that could provide an ideal entry point. Back in April 2024, after a strong four months to begin the year, PGR demonstrated a classic bearish momentum divergence. This pattern of higher highs in price matched with lower peaks in momentum, highlighted with purple trendlines, suggests weakening price momentum as shares are…
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 : U.S. stocks were pacing for their third straight session of strong gains. Tech was among the strongest corners of the market Thursday, and that was reflected in the Nasdaq outperforming the S & P 500 and the Dow . There have been conflicting headlines around U.S.-China trade negotiations. China said earlier that no talks were ongoing. But later, President Donald Trump said, “We’ve been meeting with China,” though he…
Priests, pilgrims and cardinals dressed in black robes and red sashes mixed in the streets of the Vatican on Thursday as tens of thousands of Catholics paid their respects to Pope Francis and preparations for his funeral accelerated.The church also released the first image of the pope’s tomb — a simple, undecorated affair in accordance with his will — made with marble from the Liguria region of Italy and marked with the inscription, “Franciscus.”A photograph released by the Vatican on Thursday showing Pope Francis’ tomb.Credit…The VaticanThe conclave to select the next pope has not yet started — the Vatican has…
