Month: February 2025
Record betting expected on Super Bowl and Bank of America sees one stock in particular winning
The 59th Super Bowl this Sunday is expected to attract a record number of betting dollars to legal sports gambling platforms, and that may boost shares of Caesars Entertainment , according to Bank of America. After all, the game’s being played at the 76,500-seat Caesars Superdome in New Orleans. BofA analyst Shaun Kelley cited data […]
Read More
Could an Eagles Super Bowl victory tank the stock market? History says yes, but logic says no
As one of CNBC’s resident Eagles fans, I was appalled to open my inbox earlier this week to find an email chain with the subject line, “Why the Bulls Hate the Birds.” Circulating among my colleagues was data from Carson Group chief market strategist Ryan Detrick, who pointed out that Philadelphia Super Bowl and World […]
Read More
Trump says he’s firing Kennedy Center board of trustees members and naming himself chairman
President Donald Trump says he is firing members of the board of trustees for the John F. Kennedy Center for the Performing Arts and naming himself chairman. He also indicated that he would be dictating programming at one of the nation’s premier cultural institutions, specifically declaring that he would end events featuring performers in drag. […]
Read More
Tech megacaps plan to spend more than $300 billion in 2025 as AI race intensifies
Megacap technology companies funneled billions of dollars into artificial intelligence last year to try and keep up with unfettered demand. The hype isn’t dying down in 2025. Meta, Amazon, Alphabet and Microsoft intend to spend as much as $320 billion combined on AI technologies and datacenter buildouts in 2025, based on comments from their CEOs […]
Read More
Fashion’s most hated garment — the skinny jean — is making a comeback
The vilified linchpin of millennial and Y2K fashion – the skinny jean – might be on its way to a comeback. Over the last few months, a range of skinny styles, including pants and jeans, have cropped up on fashion runways, influencer videos and Google search trends, indicating the divisive garment could soon be a […]
Read More
Stuck stock market is worried about economic growth as Trump’s tariffs dominate headlines
The stock market is rather calm but can’t seem to relax. In a noisy and fast-shifting news environment, stocks were quietly flattish last week from point to point, even after Friday’s almost 1% drop, which extends a sideways three-month range during which the S & P 500 has traded no more than 3% above or […]
Read More
Starboard pushes an open door at Becton Dickinson as company seeks to separate its biosciences unit
Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images Company: Becton Dickinson and Co (BDX) Business: Becton Dickinson develops, manufactures and sells medical supplies, devices, laboratory equipment and diagnostic products for health-care institutions, physicians, life science researchers, clinical laboratories, pharmaceutical industry and the public worldwide. Stock Market Value: ~$66.65B ($229.85 per share) Stock Chart […]
Read More
Hurry up and buy stocks like ‘compelling’ Nvidia ahead of earnings, Bank of America says
There’s still plenty of stocks to buy ahead of earnings, according to Bank of America. The firm named several companies it says are “compelling” such as Nvidia. The other buy-rated stocks include: JD.com, Block and Toronto-Dominon. Toronto-Dominion Toronto-Dominion Bank was recently upgraded to buy from neutral by analyst Ebrahim Poonawala. The Canadian bank had been […]
Read More
Ukraine’s Zelenskyy says ‘Let’s do a deal’, offering Trump mineral partnership, seeking security
Ukraine’s President Volodymyr Zelenskyy speaks during an interview with Reuters, amid Russia’s attack on Ukraine, in Kyiv, Ukraine Feb. 7, 2025. Valentyn Ogirenko | Reuters Ukrainian President Volodymyr Zelenskyy pored over a once-classified map of vast deposits of rare earths and other critical minerals during an interview with Reuters on Friday, part of a push […]
Read More
Hamas hands over three Israeli hostages to Red Cross in central Gaza
Al-Qassam Brigades, the armed wing of Hamas, on February 01, 2025. Anadolu | Anadolu | Getty Images Hamas handed over on Saturday three Israeli hostages to the Red Cross in central Gaza’s Deir Al-Balah, live television showed. The militant group released Ohad Ben Ami and Eli Sharabi, both taken hostage from Kibbutz Be’eri during the […]
Read More