ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailWill Lewis, Insmed Chair & CEO, joins ‘Fast Money’ to talk its recent trial results for Pulmonary Arterial Hypertension therapy, the stock reaction, and more. Source link
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John Creekmur, chief investment officer at the Illinois-based Creekmur Wealth Advisors, said that Disney is a buying opportunity after it took full control of Hulu . Shares of the entertainment giant were up more than 2% on Tuesday after Disney agreed to pay Comcast $438.7 million for its stake in Hulu. The move has been in the works for a few years, with Disney announcing in 2023 that it planned to buy Comcast’s 33% stake in Hulu. Creekmur appeared on “Three-Stock Lunch” Tuesday, sharing his takes on Disney, Taiwan Semiconductor and J.M. Smucker. Walt Disney Company Disney’s acquisition of Hulu…
U.S. Treasury Secretary Scott Bessent leaves on his way back to the U.S., while trade talks between the U.S. and China continue, in London, Britain, June 10, 2025. Toby Melville | ReutersU.S. Treasury Secretary Scott Bessent said Tuesday he is departing ongoing trade talks with China because he has to travel to Washington, D.C., to testify before Congress the next day.Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer will remain in London to continue the negotiations with Beijing, which are still underway after two lengthy days of talks, Bessent said.Lutnick said earlier that the parties were “trying to…
Wall Street isn’t immune from the plot line that has generative AI resulting in wholesale knowledge worker replacement. A new tool from AlphaSense, called Deep Research, won’t provide any comfort.The generative AI agent functions like a team of analysts operating at what AlphaSense calls “superhuman speed,” generating research and market insights, and building investment-grade briefings.But Jack Kokko, AlphaSense CEO and a former Morgan Stanley analyst and Wharton School MBA, isn’t worried about the job outlook for Wall Street professionals.”It’s a popular narrative,” Kokko told CNBC of the job replacement fears during an interview on “The Exchange” on Tuesday after AlphaSense…
Why is the U.S. military in L.A.?The use of military force on domestic soil in the U.S. is rare, and it is usually reserved only for the most extreme situations. In deploying 4,000 members of the National Guard and 700 Marines in response to protests over immigration raids in Los Angeles, President Trump is pushing his powers to the limit.California officials asked a court yesterday for an emergency order that would restrict the deployment of the Marines and Guard troops in Los Angeles to protecting federal property. “Trump is turning the U.S. military against American citizens,” California’s governor, Gavin Newsom,…
Stocks have made a recovered from this year’s lows, but uncertainty remains a key theme as the second half of the year approaches – and investors can prepare for it. President Donald Trump’s rollout of sharply higher tariffs in April sent stocks on a wild ride, with the S & P 500 at one point dipping more than 20% from its all-time high. Traders’ hopes for progress in trade negotiations, along with solid first-quarter earnings, helped the market recover since then, however. The S & P 500 is now less than 2% below its its all-time high. Don’t just kick…
A United Launch Alliance Atlas V rocket is on the launch pad carrying Amazon’s Project Kuiper internet network satellites, which are expected to eventually rival Elon Musk’s Starlink system, at the Cape Canaveral Space Force Station in Cape Canaveral, Florida, on April 9, 2025.Steve Nesius | ReutersUnited Launch Alliance said Tuesday it was pushing back the second flight carrying Amazon’s Project Kuiper internet satellites due to “multiple weather delays during launch processing.”The launch from Florida’s Space Coast was originally slated for Friday afternoon, but it’s now scheduled to take place on June 16, at 1:25 p.m. ET, ULA said in…
U.S. President Donald Trump speaks in the Oval Office at the White House in Washington, D.C., U.S., June 10, 2025. Nathan Howard | ReutersPresident Donald Trump warned Tuesday that protestors at his upcoming military parade in Washington, D.C., will be met with “heavy force.””We’re going to be celebrating big on Saturday,” Trump said at the White House about the parade marking the U.S. Army’s 250th anniversary.”And if there’s any protester that wants to come out, they will be met with very big force,” said Trump, before repeating that threat twice.”I haven’t even heard about a protest, but you know, this is…
Sundar Pichai, CEO of Google, speaks at the Google I/O developer conference. Andrej Sokolow | Picture Alliance | Getty ImagesGoogle on Tuesday offered buyouts to employees across several of its divisions, including those within its knowledge and information and central engineering units as well as marketing, research and communications teams, CNBC has learned. Knowledge and information, or K&I, is the unit that houses Google’s search, ads and commerce divisions. The buyouts Tuesday are the company’s latest effort to reduce headcount, which Google has continued to do in waves since laying off 12,000 employees in 2023. CNBC could not confirm how many employees…
A Starbucks store is shown in Encinitas, California, on Feb. 24, 2025.Mike Blake | ReutersStarbucks plans to roll out a generative artificial intelligence assistant created with Microsoft Azure’s OpenAI platform to 35 locations this month as part of its strategy to simplify baristas’ jobs and speed up service in its cafes.The coffee chain showed off the new technology to more than 14,000 North American store managers at its Leadership Experience in Las Vegas on Tuesday. A broad launch of the “Green Dot Assist” platform across the U.S. and Canada is slated for the company’s fiscal 2026, which starts in the…
