Month: May 2025
Federal judge says results of North Carolina court race with Democrat ahead must be certified
Demonstrators gather to protest on Presidents’ Day for the NC Supreme Court race in which Judge Griffin attempted to invalidate more than 65,000 ballots in Charlotte NC, United States on February 17, 2025. Anadolu | Anadolu | Getty Images Disputed ballots in the still unresolved 2024 race for a North Carolina Supreme Court seat must remain in the final count, […]
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CNBC Daily Open: A tariff on movies is a typical Trump cliffhanger
The El Capitan Theatre’s marquee promoting the new Marvel film ‘Thunderbolts’ on May 2, 2025 in Hollywood, California, U.S. AaronP | Bauer-Griffin | Getty Out of all the tariff actions U.S. President Donald Trump has announced, the 100% levy on movies produced outside the U.S. ranks as one of the most bizarre, taking its place […]
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Australia stocks open flat as investors assess trade developments in Asia-Pacific
SHANGHAI, CHINA – APRIL 29: Pedestrians walk by lampposts decorated with Chinese national flags prior to May Day holiday on April 29, 2025 in Shanghai, China. (Photo by Wang Gang/VCG via Getty Images) Vcg | Visual China Group | Getty Images Australia stocks opened flat Tuesday as investors assessed trade developments between the U.S. and […]
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Trump administration freezes future grants to Harvard
People walk past Harvard University in Harvard Square on April 17, 2025 in Cambridge, Massachusetts. Sophie Park | Getty Images The U.S. Department of Education informed Harvard University on Monday that it was freezing billions of dollars in future research grants and other aid until the nation’s oldest and wealthiest college concedes to a number of demands from the […]
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Here are the SpaceX employees who were elected to run Musk’s new company town of Starbase, Texas
The SpaceX Starship sits on a launch pad at Starbase near Boca Chica, Texas, on October 12, 2024, ahead of the Starship Flight 5 test. The test will involve the return of Starship’s Super Heavy Booster to the launch site. Sergio Flores | Afp | Getty Images Over the weekend, Elon Musk got his new […]
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Stock futures are little changed as Wall Street looks to Fed policy meeting: Live updates
Traders work on the floor of the New York Stock Exchange on May 1, 2025. NYSE U.S. stock futures were little changed Monday night, as investors awaited the start of the Federal Reserve’s first policy meeting since President Donald Trump announced “reciprocal” tariffs in early April. S&P 500 futures were flickered near the flatline. Futures […]
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Hinge Health says revenue increased 50% in first quarter — still no price range for IPO
Hinge Health’s TrueMotion feature. Courtesy: Hinge Health Hinge Health on Monday updated its prospectus to include the results from its first quarter, which showed accelerating revenue growth over its fourth quarter. The digital physical therapy startup filed to go public in March, but it has not shared a price range yet. Hinge said that revenue […]
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U.S. commodities regulator seeks to drop appeal of Kalshi election bets offers
The Kalshi app arranged on a smartphone in New York, US, on Monday, Feb. 10, 2025. Gabby Jones | Bloomberg | Getty Images The Commodity Futures Trading Commission on Monday moved to drop its appeal of a federal judge’s ruling that had allowed commodities exchange KalshiEx to take bets on the outcome of U.S. political […]
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Hims & Hers gives weak outlook but says more collaborations are coming
Shares of Hims & Hers Health fell in extended trading on Monday after the company reported first-quarter earnings that beat analysts’ expectations but offered weaker-than-expected guidance. Here’s how the company did based on average analysts’ estimates compiled by LSEG: Earnings per share: 20 cents vs. 12 cents Revenue: $586 million vs. $538 million Revenue at […]
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From the New Testament to Nixon: Takeaways from Palantir CEO Alex Karp’s shareholder letter
Alex Karp, CEO of Palantir Technologies, speaks on a panel titled Power, Purpose, and the New American Century at the Hill and Valley Forum at the U.S. Capitol on April 30, 2025 in Washington, DC. Kevin Dietsch | Getty Images Palantir CEO Alex Karp offered up another batch of colorful commentary to investors alongside the […]
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