Month: July 2024
Trump says he is willing to debate Harris multiple times
Republican presidential nominee, former U.S. President Donald Trump walks offstage after speaking at a campaign rally at the Van Andel Arena on July 20, 2024 in Grand Rapids, Michigan. Anna Moneymaker | Getty Images Former President Donald Trump on Tuesday said he would be willing to debate Vice President Kamala Harris multiple times if she […]
Read More
Healthy Returns: The first round of Medicare drug price negotiations is nearing an end
Activists protest the price of prescription drug costs in front of the U.S. Department of Health and Human Services building in Washington, D.C., on Oct. 6, 2022. Anna Moneymaker | Getty Images Think a friend or colleague should be getting this newsletter? Share this link with them to sign up. Good afternoon! The first round […]
Read More
Spot ether ETFs begin trading on US exchanges: CNBC Crypto World
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Katherine Dowling […]
Read More
Cryptocurrencies fall on day 1 of ether ETFs as Mt. Gox moves more bitcoin to creditors
People walk past a neon sign advertising a Bitcoin and Ethereum crypto currency exchange in Warsaw, Poland on 19 May, 2024. Jaap Arriens | Nurphoto | Getty Images Bitcoin led the crypto market lower on Tuesday – the first trading day for ether ETFs – as Mt. Gox transferred more bitcoin to creditors and investors […]
Read More
Sen. Bob Menendez will resign seat Aug. 20 after bribery conviction
U.S. Senator Robert Menendez (D-NJ), arrives at Federal Court, for his bribery trial in connection with an alleged corrupt relationship with three New Jersey businessmen, in New York City, U.S., May 21, 2024 David Dee Delgado | Reuters Sen. Bob Menendez, the New Jersey Democrat convicted last week in a federal bribery case, will resign […]
Read More
Alphabet set to report Q2 earnings results after the bell
Google parent company Alphabet is set to report its second-quarter earnings Tuesday after the market closes. Here’s what analysts are expecting: Earnings per share: $1.84, according to LSEG Revenue: $84.19 billion, according to LSEG Wall Street is also watching several other numbers in the report: YouTube advertising revenue: $8.93 billion, according to StreetAccount Google Cloud revenue: $10.20 […]
Read More
Ether ETFs officially begin trading in U.S., with funds from BlackRock, Grayscale and more
An ether cryptocurrency coin in seen in this photo. Jaap Arriens | Nurphoto | Getty Images Ether exchange-traded funds officially began trading in the U.S. on Tuesday, putting the world’s second-largest crypto currency in a vehicle favored by many professional investors and advisors. The new funds come from traditional fund issuers such as BlackRock and […]
Read More
Stocks making the biggest moves midday: Spotify, United Parcel Service, Pentair and more
Check out the companies making headlines in midday trading: Spotify Technology — Shares surged 12% after the music streaming company posted better-than-expected second-quarter earnings. Gross margin and operating income also surpassed expectations. Analysts said they remain cautiously optimistic despite softness in monthly active user counts, pointing to strong margin performance and the company’s focus on […]
Read More
Tesla set to report second-quarter earnings after the bell Tuesday
Tesla is set to report second-quarter earnings after the bell on Tuesday. Here’s what Wall Street is expecting based on a survey of analysts by LSEG: Earnings per share: 62 cents expected Revenue: $24.77 billion expected After a rocky first half of the year, in which Tesla cut more than 10% of headcount and saw its first- […]
Read More
‘The Big Short’ traders break down how they are navigating the election and reveal their top picks
Investors who called the subprime mortgage crisis, as chronicled in Michael Lewis’s ” The Big Short ,” revealed how they are now navigating the volatility surrounding the U.S. presidential election and their top investment picks. Porter Collins and Vincent Daniel, partners of Seawolf Capital, and Danny Moses, founder of Moses Ventures, shorted collateralized debt obligations and […]
Read More