Month: December 2024
Trump defense pick Pete Hegseth faces new media report on alleged alcohol abuse, sexual impropriety
President-elect Donald Trump’s nominee to be Secretary of Defense Pete Hegseth leaves the Russell Senate Office Building on November 21, 2024 in Washington, DC. Kevin Dietsch | Getty Images Pete Hegseth, the already embattled choice by President-elect Donald Trump to lead the Pentagon, faces a new magazine report detailing his alleged alcohol abuse, sexual impropriety, […]
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Ripple’s XRP surges towards $3 as investors anticipate crypto-friendly Congress: 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, Vance Spencer […]
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Charts point to counter-trend buying oportunity in this auto stock, says Katie Stockton
European automotive stocks have been hit hard since over the past eight months, with the STOXX Europe 600 Automobiles & Components Index down roughly 29% since peaking in April. Many of the major automakers in Europe, like Mercedes, BMW, Volkswagen, and Stellantis, are deeply oversold and have support nearby on their charts. This provides a […]
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Stocks making the biggest moves midday: Super Micro Computer, Tesla, Intel, Stellantis and more
Check out the companies making headlines in midday trading: Super Micro Computer — Shares advanced more than 30% after a special committee said it found “no evidence of misconduct” on the part of the artificial intelligence server maker. Intel — The chipmaker gained 4% following the retirement of CEO Pat Gelsinger . Executives said David […]
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This ‘stepping stone’ strategy helps parents boost their kids’ credit score. Here’s how it works
Key Points Parents can add a child as an authorized user to their credit card account to help build a kid’s credit history and credit score. The strategy is generally best for kids in their later teenage years, maybe around 16 years old, or those in their early 20s, experts said. Parents may want to […]
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Latest US strike on China’s chips hits semiconductor toolmakers
A Chinese flag is displayed next to a “Made in China” sign seen on a printed circuit board with semiconductor chips, in this illustration picture taken February 17, 2023. Florence Lo | Reuters The United States on Monday launched its third crackdown in three years on China’s semiconductor industry, curbing exports to 140 companies, including […]
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U.S. proposes a $7.54 billion loan to Stellantis and Samsung SDI battery joint venture
The US Department of Energy building is seen in Washington, DC, on July 22, 2019. ALASTAIR PIKE | AFP | Getty Images The U.S. Energy Department said Monday it is planning to loan up to $7.54 billion to a joint venture of Chrysler parent Stellantis and Samsung SDI to help build two electric vehicle lithium-ion battery plants […]
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Super Micro Computer pops 20% after special committee finds no ‘evidence of misconduct’
Charles Liang, CEO of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on June 5, 2024. Annabelle Chih | Bloomberg | Getty Images Super Micro Computer surged more than 20% after a special committee ruled that it found “no evidence of misconduct” at the embattled AI server maker, and appointed a new […]
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Ireland’s election delivers pro-business continuity despite voter discontent
Ballot papers are counted at the Dublin RDS centre, in Dublin, on December 1, 2024, on the second day of counting ballots in the Irish General Election. Ben Stansall | Afp | Getty Images Ireland’s election looks set to have secured victory for the incumbent center-right parties which have dominated the country’s politics for nearly […]
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Intel CEO Pat Gelsinger is out, stock up 5%
Intel CEO Pat Gelsinger delivers a speech at Taipei Nangang Exhibition Center during Computex 2024, in Taipei on June 4, 2024. I-Hwa Cheng | AFP | Getty Images Intel announced Monday that CEO Pat Gelsinger had retired from the company effective Dec. 1, capping a tumultuous nearly four-year leadership tenure at what was once America’s […]
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