Month: November 2024
Senate Democrats seek evidence from FBI sex-trafficking probe of Trump AG pick Matt Gaetz
Rep. Matt Gaetz, R-Fla., is seen outside a meeting of the House Republican Conference in the U.S. Capitol on Tuesday, January 3, 2023. Tom Williams | CQ-Roll Call, Inc. | Getty Images The Senate Judiciary Committee asked the FBI on Wednesday for its “complete evidentiary file” of a prior investigation into the alleged sex trafficking […]
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Stocks making the biggest moves midday: Target, Nvidia, AppLovin, Williams-Sonoma and more
Check out the companies making headlines in midday trading: Williams-Sonoma — The home goods retailer soared about 29% after beating expectations on both lines for the third quarter and raising full-year guidance. Williams-Sonoma earned $1.96 per share on $1.80 billion in revenue, while analysts surveyed by LSEG had anticipated just $1.78 in earnings per share […]
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Jim Cramer wants to buy this falling tech stock — and touts another reason to like Disney
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 Wednesday’s key moments. 1. Stocks were in the red Wednesday, led to the downside by the Nasdaq Composite. The tech-heavy index was weighed down by Nvidia slipping 2% ahead of its earnings after […]
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Nvidia to report third-quarter earnings after the bell
Nvidia CEO Jensen Huang arrives at the launch of the supercomputer Gefion, at the Vilhelm Lauritzen Terminal in Kastrup, Denmark, Oct. 23, 2024. Ritzau Scanpix | Mads Claus Rasmussen | Via Reuters Nvidia reports fiscal third-quarter earnings Wednesday after the market closes. Here’s what Wall Street is looking for, per LSEG consensus estimates: Revenue: $33.16 […]
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Cleveland launches formal bid for a WNBA team
Cleveland, Ohio Ken Redding | The Image Bank | Getty Images Dan Gilbert, owner of the Cleveland Cavaliers, wants to bring a WNBA team to Northeast Ohio. Rock Entertainment Group, the umbrella company that hosts Gilbert’s sports and entertainment properties, told CNBC on Wednesday that it intends to submit a proposal for a WNBA expansion […]
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FTX co-founder Gary Wang avoids prison time for role in crypto fraud
Gary Wang, a former executive of bankrupt cryptocurrency exchange FTX, who testified against founder Sam Bankman-Fried, attends his sentencing on fraud charges at the United States District Court in Manhattan in New York City, U.S., November 20, 2024. Brendan Mcdermid | Reuters Gary Wang, co-founder and ex-technology chief of FTX, was sentenced Wednesday to time […]
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The NHL has strict rules for how much teams can spend. Here’s how it works
For a National Hockey League team to hoist the Stanley Cup, it takes playing an 82-game regular season, winning four playoff series and some strict attention to math along the way. The NHL is one of two of the big four North American sports leagues with a hard salary cap, meaning each team cannot have […]
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Bitcoin rises to a fresh record above $94,000 as investors watch Trump transition, ETF options
Jonathan Raa | Nurphoto | Getty Images Bitcoin advanced past $94,000 on Wednesday for the first time as traders continued to monitor President-elect Donald Trump’s transition back to the White House and weighed early options trading on bitcoin ETFs. The price of the cryptocurrency was last higher by more than 1% at $94,461.75, according to […]
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NHL looks beyond U.S., Canada for league growth
A general view during the 2022 NHL Global Series Challenge between the Nashville Predators and the San Jose Sharks at O2 Arena in Prague, Czech Republic, on Oct. 7, 2022. Martin Rose | Getty Images Sport | Getty Images If all goes according to plan for the National Hockey League, its popularity will continue growing […]
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Utah Hockey Club is beefing up Salt Lake City’s roster as a sports hub
Barrett Hayton, #27 of the Utah Hockey Club, skates against the Vegas Golden Knights at Delta Center in Salt Lake City on Nov. 15, 2024. Jamie Sabau | National Hockey League | Getty Images Salt Lake City checked all the boxes for a new professional sports team — particularly in the National Hockey League. One […]
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