Meta CEO Mark Zuckerberg 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 on Wednesday prevailed against a group of 13 authors in a major copyright case involving the company’s Llama artificial intelligence model, but the judge made clear his ruling was limited to this case.U.S. District Judge Vince Chhabria sided with Meta’s argument that the company’s use of books to train its large language models, or LLMs, is protected under the fair use doctrine of U.S. copyright law.Lawyers representing the plaintiffs, including Sarah…
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‘Fast Money’ traders talk if they would trade or fade stocks that are hitting or nearing record highs. Source link
A HDR evening shot taken at sunset of the Tokyo skyline.Fgm | E+ | Getty ImagesAsia-Pacific markets were set to open mixed Thursday, as investors continued to weigh the ongoing ceasefire between Israel and Iran.Japan’s benchmark Nikkei 225 was set to open higher, with the futures contract in Chicago at 39,055 while its counterpart in Osaka last traded at 38,950, against the index’s last close of 38,942.07.However, Australia’s S&P/ASX 200 is slated to open slightly lower, with futures tied to the benchmark at 8,500, compared to its last close of 8,559.2.Similarly, futures for Hong Kong’s Hang Seng index stood at 24,326,…
U.S. Capitol Police arrest protesting members of American Disabled for Attendant Programs Today (ADAPT) in the atrium of the Hart Senate Office Building on Tuesday, June 24, 2025. The protesters chanted “no cuts to medicaid” while being arrested. Bill Clark | Cq-roll Call, Inc. | Getty ImagesU.S. Capitol Police arrested more than 30 protesters on Wednesday, including some in wheelchairs, during a demonstration against the proposed Medicaid cuts in President Donald Trump’s budget bill.Thirty-three people were arrested “for illegally demonstrating inside the Russell Senate Office Building,” a spokesperson for Capitol Police told CNBC.The group was arrested for crowding, obstructing or…
The final trades of the day with CNBC’s Melissa Lee and the Fast Money traders. Source link
Jim Cramer and Jeff Marks, the Club’s director of portfolio analysis, ran through all 30 holdings in the portfolio during the June Monthly Meeting on Wednesday. Here’s a rapid fire update on each stock, starting with those that Jim and Jeff said investors should consider trimming — or that the Club has sold recently — as uncertainty over President Donald Trump’s tariffs and the conflict in the Middle East linger. Abbott Laboratories : One of our best stocks of the year, Abbott got more good news Tuesday when HHS chief Robert F. Kennedy Jr. talked up wearable health products. Abbott’s…
In a landmark shift for the U.S. housing finance system, the Federal Housing Finance Agency has issued a directive ordering Fannie Mae and Freddie Mac to formally consider cryptocurrency as an asset in single-family mortgage loan risk assessments.The move, signed by FHFA Director William J. Pulte on Wednesday, signals a new era of crypto integration into traditional financial infrastructure — this time within the core of American home lending.The order directs both housing finance giants to develop proposals that include digital assets — without requiring borrowers to liquidate them into U.S. dollars prior to a loan closing.Pulte said in a…
Check out the companies making headlines in after-hours trading. Micron – The maker of memory and storage products rose almost 4% after its fiscal third-quarter results topped analysts’ expectations. Micron posted adjusted earnings of $1.91 per share on $9.30 billion in revenue, while analysts surveyed by LSEG were calling for $1.60 per share and $8.87 billion in revenue. The company’s fourth-quarter guidance also came in better than expected. H.B. Fuller – The stock jumped more than 6% following the adhesive manufacturing company’s latest quarterly results. The company’s adjusted earnings of $1.18 per share topped the analyst estimate of $1.08 a…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyNikil Viswanathan, Alchemy CEO, talks the passage of the Genius Act, the growth of stablecoin adoption, AI integration and more.03:1410 minutes ago Source link
To say Wall Street isn’t a fan of Zohran Mamdani would be an understatement.In fact, high-profile investors and business leaders in the Big Apple are up in arms about the stunning win by the democratic socialist in the primary to win the Democratic nomination to serve as the next New York City mayor. The three-term Assemblymember’s potential victory in the November general election could bring what the Street hates most — tax hikes and tighter regulation threatening corporate and investment interests.Philippe Laffont, founder of hedge fund Coatue Management, told CNBC that a Mamdani win could trigger another exodus of wealthy investors.…
