Day: January 3, 2025
Trump sentencing set for Jan. 10, judge leans toward no jail, no probation, no fine
Former U.S. President Donald Trump leaves the courthouse after a jury found him guilty of all 34 felony counts in his criminal trial at New York State Supreme Court in New York on May 30, 2024. Justin Lane | Via Reuters A judge on Friday rejected a request that he dismiss the New York criminal […]
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DraftKings tests a subscription service as it looks to offset high New York taxes
Sports betting company DraftKings’ logo is displayed on a smartphone screen. Budrul Chukrut | Lightrocket | Getty Images DraftKings is upping the ante. The sportsbook is testing out a new subscription service called DraftKings Sportsbook+ designed to provide paying customers a boost in odds. The $20 per month subscription service launched quietly on Dec. 28 […]
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Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025
Vice Chair and President at Microsoft, Brad Smith, participates in the first day of Web Summit in Lisbon, Portugal, on November 12, 2024. The largest technology conference in the world this year has 71,528 attendees from 153 countries and 3,050 companies, with AI emerging as the most represented industry. (Photo by Rita Franca/NurPhoto via Getty […]
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Tesla stock is just a $900 billion ‘call option’ on autonomous driving, robotics, says Evercore ISI
Evercore ISI is offering up an alternative way for investors to take a look at Tesla shares after the electric vehicle giant reported its first-ever drop in annual delivery numbers . “A bet on TSLA is an increasing bet on [full self-driving]/ Optimus w/ $600Bn-$1Trn now implied for ‘call options,’” wrote analyst Chris McNally, as […]
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High-quality stocks that pay a hefty dividend they are unlikely to cut in 2025, according to UBS
With a bumpy start to 2025, quality stocks that have reliable dividends could become more appealing. The first trading day of the new year marked a volatile session for stocks, with all three major averages finishing yet another session in the red on Thursday after starting off the day with gains. The S & P […]
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Why it’s time to tweak your investments after lofty stock returns in 2024
D3sign | Moment | Getty Images Stocks soared in 2024. Congratulations! After taking a victory lap, it may be time to adjust your portfolio — because those heady returns likely threw your investment allocations out of whack. The S&P 500, a stock index of the largest public U.S. companies by market capitalization, gained 23% in […]
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Best balance transfer cards with 0% APR of January 2025
Discover APRs are accurate as of December 12, 2024 Credit cards have notoriously high interest rates, so carrying a balance can be costly. However, some cards offer a path to paying off debt quicker with an introductory 0% APR period. These cards offer no interest for up to 21 months, which can more than offset […]
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Stocks making the biggest moves midday: Rivian Automotive, Anheuser-Busch Inbev, Ford and more
Check out the companies making headlines in midday trading. Rivian Automotive – Shares popped 19% after the electric vehicle maker’s vehicle production and deliveries for 2024 met the company’s previously announced guidance. This comes after the company had lowered its production target for the full year in October. U.S. Steel – Shares fell 6% following […]
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GM, Ford report best annual U.S. sales since 2019
Attendees view the 2025 Ford Bronco Stroppe Special Edition during the AutoMobility LA 2024 auto show at the Los Angeles Convention Center on November 21, 2024. Robyn Beck | Afp | Getty Images DETROIT – Both General Motors and Ford Motor on Friday reported their best annual U.S. new vehicle sales since 2019, prior to impacts […]
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Trump touts Mike Johnson for House speaker as Republican faces tight vote
U.S. President-elect Donald Trump shakes hands with U.S. House Speaker Mike Johnson (R-LA) as he meets with House Republicans on Capitol Hill in Washington, U.S., November 13, 2024. Brian Snyder | Reuters President-elect Donald Trump again called on fellow Republicans to select Rep. Mike Johnson as speaker of the House of Representatives on Friday, as […]
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