A person walks past a sign of the Brown University, in Providence, Rhode Island, U.S., March 17, 2025. Brian Snyder | ReutersThe House Judiciary Committee issued subpoenas Tuesday to Brown University and the University of Pennsylvania, demanding additional documents from the schools as part of an ongoing probe into alleged antitrust violations in Ivy League tuition and financial aid policies.The two subpoenas mirrored one that was issued by the committee last week to Harvard University.Brown, Penn and Harvard are among a group of eight Ivy League universities that all received letters from the committee In April, demanding a huge tranche of…
Author: usaeverydaylife
Elon Musk, chief executive officer of Tesla Inc., during a meeting between US President Donald Trump and Cyril Ramaphosa, South Africa’s president, not pictured, in the Oval Office of the White House in Washington, DC, US, on Wednesday, May 21, 2025. Jim Lo Scalzo | Bloomberg | Getty ImagesTesla shares have dropped 7% from Friday’s closing price of $323.63 to the $300.71 close on Tuesday ahead of the company’s second-quarter deliveries report.Wall Street analysts are expecting Tesla to report deliveries of around 387,000 — a 13% decline compared to deliveries of nearly 444,000 a year ago, according to a consensus…
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 the Dow Industrials rose 400 points amid a rotation into health-care names, and what’s on the radar for the next session. The Japanese rice trade from the 1800s, two charts and Apple Carter Worth of ” Fast Money ” fame, who made an unbelievably great call on a downturn for the stock back in 2022, said that Apple is…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailRebecca Patterson, Fmr. Bridgewater Chief Strategist, joins ‘Fast Money’ to talk how the current budget bill could negatively impact the national debt and the U.S. dollar. Source link
Sunset scene of light trails traffic speeds through an intersection in Gangnam center business district of Seoul at Seoul city, South KoreaMongkol Chuewong | Moment | Getty ImagesAsia-Pacific markets opened mostly lower on Wednesday as investors digest the latest comments from U.S. Federal Reserve Chair Jerome Powell.Powell said Tuesday that the central bank would have already cut interest rates if it weren’t for U.S. President Donald Trump’s tariff initiatives.Japan’s benchmark Nikkei 225 slid 1.32%, and the Topix lost 0.64%. South Korea’s Kospi was 0.42% lower while the Kosdaq was flat.Australia’s S&P/ASX 200 inched up 0.49%.Futures for Hong Kong’s Hang Seng index…
Hedge funds are starting to bet against the Swiss franc and are using the currency to finance purchases of the higher-yielding British pound in a trade driven by diverging central bank policies. The move is a classic “carry trade,” a strategy where investors borrow in a currency with low interest rates to buy a currency with higher rates, aiming to pocket the difference. While the most popular version of this trade involves the U.S. dollar and Japanese yen, Patrick Ernst, a strategist at UBS Global Wealth Management, described the pound-franc pairing as an “interesting intra-European alternative.” One catalyst for the…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyCarter Worth, Worth Charting, joins ‘Fast Money’ to talk the technicals on Apple and how he suggests playing the stock in the short-term.02:102 hours ago Source link
CNBC’s Jim Cramer on Tuesday pointed out that three megacap tech names managed to exit the first half of the year at all-time highs: Microsoft, Nvidia and Meta. He reviewed each company and explained why he thinks they have outperformed their “Magnificent Seven” peers.”Not FANG. Not Magnificent Seven. Just M-N-Ms,” Cramer said. “The sole survivors of a brutal quarter from what used to be the most captivating group in the market.”These stocks hit some “pretty hideous darn levels” earlier in the quarter, Cramer said, so it’s worthwhile to examine how and why they managed to triumph.Microsoft disappointed Wall Street in…
Amazon founder Jeff Bezos leaves Aman Venice hotel, on the second day of the wedding festivities of Bezos and journalist Lauren Sanchez, in Venice, Italy, June 27, 2025. Yara Nardi | ReutersAmazon founder Jeff Bezos unloaded more than 3.3 million shares of his company in a sale valued at roughly $736.7 million, according to a financial filing on Tuesday.The stock sale is part of a previously arranged trading plan adopted by Bezos in March. Under that arrangement, Bezos plans to sell up to 25 million shares of Amazon over a period ending May 29, 2026.Bezos, who stepped down as Amazon’s…
The final trades of the day with CNBC’s Melissa Lee and the Fast Money traders. Source link
