Month: December 2024
Wall Street sees upside in 2025 for these dividend-paying real estate stocks
The outlook for real estate is brighter in 2025, according to many on Wall Street. After a rough couple of years, it is “the dawn of a new cycle” for real estate investment trusts, according to Citi. The firm expects REITs, which typically pay dividends, to have a total return of 10% to 15% in […]
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Luigi Mangione indicted on murder charges for shooting of UnitedHealthcare CEO Brian Thompson
Luigi Mangione, 26, a suspect in the New York City killing of UnitedHealth executive Brian Thompson, is escorted after an extradition hearing at Blair County Court House in Hollidaysburg, Pennsylvania, on Dec. 10, 2024. Eduardo Munoz | Reuters A New York grand jury indicted Luigi Mangione on charges of murdering UnitedHealthcare CEO Brian Thompson, the […]
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Senator Elizabeth Warren says Trump needs to hold Elon Musk to ethics standards
U.S. President-elect Donald Trump walks with Elon Musk before attending a viewing of the launch of the sixth test flight of the SpaceX Starship rocket, in Brownsville, Texas, U.S., November 19, 2024. Brandon Bell | Via Reuters Senator Elizabeth Warren has asked Donald Trump’s transition team to hold Elon Musk to the same ethics standards […]
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Investors are so confident in stocks, they have a record low allocation to the safety of cash
The Wall Street bull statue is pictured in Manhattan, New York. Carlo Allegri | Reuters A closely watched survey of global fund managers registered its lowest cash allocation on record this month, underscoring a bullishness on stocks as the equity market nears the end of a strong year. The average cash allocation level of participants […]
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Grubhub to pay $25 million in FTC settlement over harmful practices against diners, workers
An app-based delivery worker waits outside of a restaurant in New York City on July 7, 2023. Spencer Platt | Getty Images Grubhub will pay $25 million to settle a lawsuit from the Federal Trade Commission and Illinois Attorney General Kwame Raoul over alleged unlawful practices that harmed diners, workers and small businesses, the FTC […]
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Japan’s Honda and Nissan to reportedly begin merger talks
Makoto Uchida, president and CEO of Nissan Motor, and Toshihiro Mibe, Honda Motor president and CEO, attend their joint press conference in Tokyo, Japan March 15, 2024. Kyodo | Via Reuters DETROIT — Japanese automakers Nissan Motor and Honda Motor reportedly plan to enter into negotiations for a merger to better compete in the rapidly […]
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Biden’s DOJ antitrust head to step down, Reuters reports
US Assistant Attorney General Jonathan Kanter, with Attorney General Merrick Garland (L), speaks during a press conference announcing an antitrust lawsuit against Apple, at the Justice Department in Washington, DC, on March 21, 2024. Mandel Ngan | AFP | Getty Images U.S. Department of Justice antitrust head Jonathan Kanter said on Tuesday that he will […]
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After taking morning profits, we’re afternoon buyers of 2 stocks in an oversold market
We’re buying 25 shares of Home Depot at roughly $407 each and 14 shares of Blackrock at roughly $1,041. Following Tuesday’s trades, Jim Cramer’s Charitable Trust will own 200 shares of HD, increasing its weighting to 2.25% from about 2%. The Trust portfolio, used by the CNBC Investing Club, will own 75 shares of BLK […]
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The charts indicate it’s time to bet on bitcoin and short gold, says Todd Gordon
There has been much debate about who will be crowned the ultimate global store of value, gold or bitcoin. Based on the most recent technical development of the bitcoin-to-gold ratio chart, the market is voting on bitcoin. We are currently hold long positions in bitcoin and short positions in gold based on this analysis that […]
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Healthy Returns: Novo Nordisk’s Ozempic faces scrutiny over potential link to rare eye condition
A box of Ozempic made by Novo Nordisk is seen at a pharmacy in London, Britain March 8, 2024. Hollie Adams | Reuters A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. There may be a […]
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