Month: November 2024
SEC Chair Gary Gensler will step down Jan. 20, making way for Trump replacement
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler testifies before a House Financial Services Committee oversight hearing on Capitol Hill in Washington, U.S. September 27, 2023. Jonathan Ernst | Reuters Securities and Exchange Commission Chair Gary Gensler will resign on Jan. 20, the agency announced Thursday, paving the way for President-elect Donald Trump to […]
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Stocks making the biggest moves midday: Netflix, Alphabet, Nvidia, BJ’s Wholesale Club and more
Check out the companies making headlines in midday trading. Nvidia — Shares of the chipmaker dipped about 1% in midday trading, after gyrating earlier in the session. Nvidia beat on top and bottom lines for the third quarter, posting adjusted earnings of 81 cents per share on revenue of $35.08 billion. Analysts polled by LSEG […]
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Crypto investor pays $6 million for a banana — and plans to eat it
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Crypto investor Justin Sun paid $6.2 million for a banana duct-taped to a wall, highlighting the soaring values of crypto and viral art. […]
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Trump AG pick Matt Gaetz says he’s withdrawing
US Representative Matt Gaetz (R-FL) speaks to members of the media after speaking on the House floor about a possible Motion to Vacate to oust US Speaker of the House Kevin McCarthy, outside the US Capitol in Washington, DC, on October 2, 2023. Saul Loeb | AFP | Getty Images Matt Gaetz said Thursday he […]
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Alphabet shares slide 6% following DOJ push for Google to divest Chrome
Jaque Silva | Nurphoto | Getty Images Alphabet shares slid 6% Thursday, following news that the Department of Justice is calling for Google to divest its Chrome browser to put an end to its search monopoly. The proposed break-up would, according to the DOJ in its Wednesday filing, “permanently stop Google’s control of this critical […]
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SailGP signs Rolex as first title partner of global sailing competition
SailGP signs Rolex as first title partner of global sailing competition Courtesy: SailGP The self-described Formula 1 of sailing has signed Rolex as the first title partner of its elite sailboat racing competition. SailGP, which kicks off the 2025 season in Dubai on Saturday, will now be known as the “Rolex SailGP Championship.” “Leading into […]
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Kenya drops over $2.5 billion of Adani deals after U.S. indictment
Gautam Adani, billionaire and chairman of Adani Group, during an event at the Port of Haifa in Haifa, Israel, on Tuesday, Jan. 31, 2023. Kobi Wolf | Bloomberg | Getty Images Kenyan President William Ruto said on Thursday he had ordered the cancellation of a procurement process that had been expected to award control of […]
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Jim Cramer’s big takeaway from the market reaction to Nvidia’s earnings beat
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. 1. Wall Street is having a mixed session Thursday. While the Dow Jones Industrial Average was slightly higher, the S & P 500 and tech-heavy Nasdaq Composite gave up earlier […]
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NHL great Wayne Gretzky says Alex Ovechkin has been ‘exceptional’ for hockey as he nears goals record
As Washington Capitals star Alex Ovechkin closes in on Wayne Gretzky’s all-time goals record, the Great One told CNBC he has nothing but admiration for the player who could soon dethrone him. “Alex has been exceptional for our game,” Gretzky said on CNBC’s “Squawk Box” on Thursday. “I hope I’m the first guy to shake […]
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Rep. Marjorie Taylor Greene tapped to work with Elon Musk and Vivek Ramaswamy as new DOGE subcommittee chair
Rep. Marjorie Taylor Greene, R-Ga., attends a roundtable discussion with members of the House Freedom Caucus on the COVID-19 pandemic at The Heritage Foundation on Thursday, November 10, 2022. Tom Williams | Cq-roll Call, Inc. | Getty Images Rep. Marjorie Taylor Greene, R-Ga., has been tapped to lead a new House subcommittee that will work […]
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