Month: March 2025
Trump sued by two more ‘Big Law’ firms he targeted in executive orders
Signage is seen outside of the law firm WilmerHale in Washington, D.C., U.S., August 30, 2020. Andrew Kelly | Reuters Two more law firms sued the Trump administration on Friday over executive orders by President Donald Trump targeting them for employing attorneys who worked on criminal investigations of the president. The lawsuits by WilmerHale and […]
Read More
AppLovin CEO urges investors to ‘dig deeper’ after short-seller report, company retains Alex Spiro
Thomas Fuller | SOPA Images | Lightrocket | Getty Images AppLovin CEO Adam Foroughi hit back at new short-selling allegations from Muddy Waters Research after the ad-tech company’s stock suffered its steepest drop on record on Thursday. Foroughi penned a new blog post that asked investors to “dig deeper” on the allegations, saying the report’s […]
Read More
Canadians pull back on U.S. trips, threatening to widen United States’ $50 billion travel deficit
Canadians hold an “Elbows Up” protest against U.S. tariffs and other policies by U.S. President Donald Trump, at Nathan Phillips Square in Toronto, Ontario, Canada March 22, 2025. Carlos Osorio | Reuters Canadians are skipping trips to the U.S. and visitors from other countries could soon follow threatening to deepen the United States’ $50 billion […]
Read More
We’re buying more shares of 2 stocks as the broader market sinks further
We’re making our first trades of the week. We are buying 25 shares of Danaher at roughly $207 each. Following Friday’s trade, Jim Cramer’s Charitable Trust will own 550 shares of DHR, increasing its weighting to 3.5% from 3.35%. We are buying 10 shares of Home Depot at roughly $358. Following the trade, the Trust […]
Read More
Hillary Clinton blasts Trump, officials over Signal text mess: ‘Stupidity’ and ‘hypocrisy’
Hillary Clinton speaks on the first night of the Democratic National Convention at the United Center in Chicago, Ill., on Monday, August 19, 2024. Tom Williams | Cq-roll Call, Inc. | Getty Images Hillary Clinton on Friday excoriated President Donald Trump and his administration for their handling of the embarrassing leak of U.S. military attack […]
Read More
Stocks making the biggest moves midday: Rocket Lab, Lululemon, AppLovin, Bausch + Lomb and more
Check out the companies making headlines in midday trading. Rocket Lab — Stock in the aerospace manufacturer gained 3% after the U.S. Space Force listed the company as one of the firms entered in its pool of launch providers. Braze — Stock in the cloud software company added 6% after beating analyst estimates in the […]
Read More
CoreWeave set to begin trading
Michael Intrator, Founder & CEO of CoreWeave, Inc., Nvidia-backed cloud services provider, gestures during the company’s IPO at the Nasdaq Market, in New York City, U.S., March 28, 2025. Brendan Mcdermid | Reuters Artificial intelligence cloud provider CoreWeave is set to make its Nasdaq debut on Friday. The company priced shares at $40 in its […]
Read More
Binance’s Richard Teng and HashKey’s CEO Chao Deng on the future of crypto, regulation and adoption
Crypto markets have been volatile since U.S. President Trump was elected in November 2024. His pro-crypto promises prompted bitcoin to record highs, but his recent “America First” policies have rattled markets, including crypto. At CNBC’s CONVERGE LIVE event in Singapore, Arjun Kharpal spoke with Binance’s CEO Richard Teng and HashKey Capital’s CEO Chao Deng about […]
Read More
CoreWeave CEO says lower IPO pricing was ‘where the buying interest was’
CoreWeave CEO Mike Intrator said Friday that the company’s IPO pricing, which came in below expectations, has to be placed in the larger context of the macroenvironment. “There’s a lot of headwinds in the macro,” Intrator said on CNBC’s Squawk Box. “And we definitely had to scale or rightsize the transaction for where the buying […]
Read More