Month: January 2025
Trump Media gifts DJT shares to FBI pick Kash Patel, Linda McMahon and president’s son
Kash Patel, U.S. President Donald Trump’s nominee to be director of the FBI, looks on as he testifies before a Senate Judiciary Committee confirmation hearing on Capitol Hill in Washington, U.S., January 30, 2025. Evelyn Hockstein | Reuters Trump Media this week gifted thousands of shares of company stock to President Donald Trump’s nominee for […]
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Some of this week’s biggest stock winners and losers, plus an update on Nvidia
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market update: Stocks moved off their session highs and struggled to hold onto their gains. The S & P 500 is on pace for a small […]
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Google offers ‘voluntary’ buyouts to hardware and platform teams
Google’s Senior Vice President Hardware, Rick Osterloh, speaks during a launch event in San Francisco, October 4, 2017. Stephen Lam | Reuters Google is offering buyouts to employees in its “Platforms and Devices” unit ahead of expected cuts. That unit includes more than 25,000 full-time employees who work on Android, Chrome, ChromeOS, Google Photos, Google […]
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Palantir CEO says China’s DeepSeek shows that U.S. needs ‘all-country effort’ in AI
Palantir CEO Alex Karp said the rise of competing artificial intelligence models such as China’s DeepSeek is a sign that the U.S. needs to work quicker to develop advanced AI. “Technology is not inherently good,” and could pose threats in the hands of adversaries, Karp told CNBC’s Sara Eisen in an interview airing Friday. “We […]
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Stocks making the biggest moves midday: Colgate-Palmolive, Atlassian, Deckers, Vertex and more
Check out the companies making headlines in midday trading: Colgate-Palmolive — Shares slipped 4% after the household products company reported fourth-quarter revenue that missed analysts’ expectations and forecast weak 2025 sales given negative effects from foreign exchange rates. KLA Corporation — The stock climbed 2% after the semiconductor company posted a top- and bottom-line beat […]
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Nvidia CEO Jensen Huang to meet with Trump at White House
Nvidia CEO Jensen Huang is in Washington, D.C., and will be meeting with President Donald Trump on Friday afternoon, CNBC has confirmed. The main topic Huang and Trump are expected to discuss is U.S. artificial intelligence policy, according to people familiar with the matter who asked not to be named because they weren’t authorized to […]
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Altitude, communication and congestion: Investigators look for clues in fatal jetliner collision with Army helicopter
The air traffic control at Ronald Reagan Washington National Airport is pictured, in the aftermath of the collision of American Eagle flight 5342 and a Black Hawk helicopter that crashed into the Potomac River, with the Capitol dome in the background, as seen from Virginia, U.S., January 30, 2025. Evelyn Hockstein | Reuters How an […]
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WNBA files trademark application to bring back ‘Detroit Shock’ as city submits expansion bid
The Renaissance Center (complex of skyscrapers with the Chrevrolet sign) in city urban skyline by the Detroit River. Roberto Machado Noa | Lightrocket | Getty Images As cities around the country vie for the next WNBA team, the league quietly filed a trademark application this week for the name “Detroit Shock.” The filing, dated Thursday, […]
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These companies reporting next week have momentum going into earnings
A few companies have momentum by their side ahead of their quarterly results out next week. The fourth-quarter earnings season is off to a strong start, with just more than 77% of S & P 500 companies that have reported exceeding expectations. That is well above the 10-year average of 75%, per FactSet . Heading […]
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German parliament rejects opposition’s draft migration law
German Chancellor Olaf Scholz giving a government declaration on domestic issues at the Bundestag on January 29, 2025 in Berlin, Germany. Sean Gallup | Getty Images The German parliament rejected an opposition draft law on tightening immigration policy on Friday, two days after the opposition conservatives were accused of breaching an agreement against cooperating with […]
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