Month: December 2024
German Chancellor Olaf Scholz loses confidence vote, clearing the way for February election
German Chancellor Olaf Scholz will undergo a vote of confidence in Parliament on Monday, December 16. Michael Kappeler | Picture Alliance | Getty Images German Chancellor Olaf Scholz on Monday lost a confidence vote in the country’s Bundestag, clearing the path for an early election in February. Scholz was expected — and hoping — to […]
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We’re adding to our position in a stock that just landed a big Wall Street endorsement
Shortly after the opening the bell, we will be buying 300 shares of Bristol Myers Squibb at roughly $56.50. Following the trade, Jim Cramer’s Charitable Trust will own 1,200 shares of BMY, increasing its weighting in the portfolio to roughly 1.9% from about 1.4%. Wall Street’s stretch of bad breadth may have finally caught up […]
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5 things to know before the stock market opens Monday
Here are the most important news items that investors need to start their trading day: 1. Dull December Stocks enter the final full trading week of 2024 coming off a tough stretch. The Dow Jones Industrial Average has lost ground for seven straight sessions, and fell 1.8% last week. The S&P 500 also slid 0.6% […]
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Softbank CEO and Trump to announce $100 billion investment in U.S. by firm
President-elect Donald Trump and SoftBank CEO Masayoshi Son speak to the media in the lobby of Trump Tower in New York on Dec. 6, 2016. Eduardo Munoz Alvarez | AFP | Getty Images Softbank CEO Masayoshi Son will announce a $100 billion investment in the U.S. over the next four years during a Monday visit […]
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Stocks making the biggest moves premarket: Ford Motor, Honeywell, MicroStrategy and more
Check out the companies making headlines before the bell: Ford Motor — The automaker fell 2.1% after Jefferies downgraded shares to underperform from hold . The firm mentioned concerns of an inventory overhang along with valuation. Honeywell — The industry giant saw shares rising 3% in premarket trading after the company said its board is […]
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Britain brings tough online safety measures into force, gives tech giants three months to comply
Sebastien Bozon | AFP | Getty Images LONDON — The U.K. officially brought its sweeping online safety law into force on Monday, paving the way for stricter supervision of harmful content online and potentially massive fines for technology giants like Meta, Google and TikTok. Ofcom, the British media and telecommunications watchdog, published its first-edition codes […]
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France’s new prime minister gets a baptism of fire after surprise Moody’s downgrade
Francois Bayrou, France’s incoming prime minister, during the handover ceremony at the Hotel Matignon in Paris, France, on Friday, Dec. 13, 2024. Bloomberg | Bloomberg | Getty Images Within hours of being appointed, France’s new prime minister Francois Bayrou faced his first upset: the country’s credit rating was downgraded by credit rating agency Moody’s. The […]
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Iran faces dual crisis amid currency drop and loss of major regional ally
A briefcase filled with Iranian rial banknotes sits on display at a currency exchange market on Ferdowsi street in Tehran, Iran, on Saturday, Jan. 6, 2018. Ali Mohammadi | Bloomberg | Getty Images Iran is confronting its worst set of crises in years, facing a spiraling economy along with a series of unprecedented geopolitical and […]
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MicroStrategy shares jump as bitcoin proxy will join Nasdaq-100 index and ‘QQQ’ ETF
In this article MSTR Follow your favorite stocksCREATE FREE ACCOUNT Michael Saylor, chairman and CEO of MicroStrategy, speaks during the Bitcoin 2022 conference in Miami on April 7, 2022. Eva Marie Uzcategui | Bloomberg | Getty Images Shares of MicroStrategy were higher Monday after Nasdaq announced the bitcoin proxy will join the tech-heavy Nasdaq-100 index. […]
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French broadcaster Canal+ shares fall 13% in London listing after spinoff from Vivendi
In this photo illustration, the French premium television channel, studio and distributor, Canal+ (plus) logo is seen displayed on a smartphone. Sopa Images | Lightrocket | Getty Images Shares in French broadcaster Canal+ fell over 13% after their London stock market debut on Monday. Media holding company Vivendi’s shareholders last week agreed to spin off […]
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