Day: June 14, 2024
CEOs at Trump meeting: Ex-president ‘meandering’ and ‘doesn’t know what he’s talking about’
WASHINGTON — Former President Donald Trump failed to impress everyone in a room full of top CEOs Thursday at the Business Roundtable’s quarterly meeting, multiple attendees told CNBC. “Trump doesn’t know what he’s talking about,” said one CEO who was in the room, according to a person who heard the executive speaking. The CEO also said Trump did not […]
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DOJ won’t prosecute Merrick Garland after House GOP held him in contempt over Biden tapes
U.S. Attorney General Merrick Garland departs for a recess during a House Judiciary Committee hearing entitled “Oversight of the U.S. Department of Justice”, in Washington, D.C., U.S., June 4, 2024. Anna Rose Layden | Reuters WASHINGTON — The Justice Department confirmed Friday, as expected, that Attorney General Merrick Garland will not face charges after House […]
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Luxury homes on these beaches are losing value fast, as effects of climate change hit hard
As sea levels rise and storms intensify, coastal real estate is seeing flooding and erosion like never before. From Dana Point, California, to Long Island, New York, and Nantucket, Massachusetts, some of the nation’s priciest coastal real estate is in an increasingly precarious position due to climate change. This year’s hurricane season is already underway, […]
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Adobe shares surge 15%, head for sharpest rally since 2020
Adobe CEO Shantanu Narayen speaks during an interview with CNBC on the floor at the New York Stock Exchange on Feb. 20, 2024. Brendan Mcdermid | Reuters Adobe shares surged 15% on Friday, the biggest gain since March 2020, after the software maker reported earnings and revenue that beat analysts’ estimates. After the bell on […]
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Bitcoin dips into the $65,000 amount to finish the 7 days: CNBC Crypto Planet
ShareShare Article via FbShare Posting by means of TwitterShare Post by way of LinkedInShare Article by way of E-mail CNBC Crypto Entire world features the most recent information and day by day trading updates from the electronic currency marketplaces and offers viewers with a seem at what is actually in advance with superior-profile interviews, explainers, […]
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Boeing and NASA delay Starliner astronaut return to June 22, nearly doubling mission length to test spacecraft
A satellite image shows an overview of the International Space Station with the Boeing Starliner spacecraft, June 7, 2024. Maxar Technologies | Via Reuters Boeing‘s Starliner capsule “Calypso” will stay at the International Space Station twice as long as the mission originally planned, NASA announced Friday. This developmental nature of the mission, known as Boeing’s […]
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‘Inside Out 2’ arrives in theaters and could hit a 100-day run. Here’s why that’s increasingly rare
In Disney and Pixar’s “Inside Out 2,” Joy, Sadness, Anger, Fear and Disgust meet new emotions. Disney | Pixar Disney is looking to bring a little joy to theaters with its upcoming release of Pixar’s “Inside Out 2.” Current expectations see the animated sequel easily topping $85 million during its domestic opening this weekend, which […]
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Apple is now overbought after rallying to record highs this week. Here are other names due for a pullback
Apple’s rally this week has made the iPhone maker one of the most overbought stocks on Wall Street, with its newly announced push into artificial intelligence lifting shares above $200. Apple is up nearly 8% this week after unveiling an array of new AI features at its annual Worldwide Developers Conference . It’s also the […]
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Friday’s trading could trigger a $10 billion rush of demand for Nvidia shares. Here’s how
Key Points The Technology Select Sector SPDR Fund (XLK) has an upcoming rebalance based on Friday’s market caps. Apple and Microsoft are the two biggest holdings in the fund currently, at roughly 22% each. Nvidia makes up less than 6% despite being only slightly behind the two leaders in market cap. The jockeying between the […]
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Stocks making the biggest moves midday: Adobe, RH, Hasbro and more
Check out the companies making headlines in midday trading: Adobe — The software stock surged 14% on stronger-than-expected quarterly results. Adobe posted adjusted earnings of $4.48 per share on $5.31 billion in revenue and boosted its full-year guidance. JPMorgan also upgraded shares to overweight from neutral. RH — The luxury retailer plummeted 18.6% after reporting […]
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