Year: 2025
Affirm drops 10% on weaker-than-expected guidance for current quarter
PayPal Inc. co-founder and Affirm’s CEO Max Levchin on center stage during day one of Collision 2019 at Enercare Center in Toronto, Canada. Vaughn Ridley | Sportsfile | Getty Images Affirm, the provider of buy now, pay later loans, gave a revenue forecast for the current quarter that trailed analysts’ estimates even as profit for […]
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Palantir now among 10 most valuable U.S. tech companies — its earnings multiple is astronomical
Palantir Technologies CEO Alex Karp appears on a Bloomberg television interview during the FoundryCon event in Palo Alto, California, on March 7, 2024. David Paul Morris | Bloomberg | Getty Images There’s a new member in the list of the top 10 U.S. technology companies by market cap. Data analytics software vendor Palantir jumped about […]
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Confidence around tariffs is improving with key China talks on deck
Wall Street cheered on Thursday as the first green shoots from President Donald Trump’s trade negotiations emerged, one day before the one-month anniversary of the April 9 tariff pause and just ahead of key talks with China . Officials from the U.S. and United Kingdom announced that the countries have agreed to the outline of […]
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These 6 portfolio names pledged big U.S. investments since Trump took office again
Many of the biggest U.S. companies have pledged to invest trillions of dollars in the United States since President Donald Trump started his second term — including six names in our portfolio. These moves are aimed at aligning companies with the president’s vision for a new global trade order designed to bring manufacturing jobs back […]
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Theranos founder Elizabeth Holmes loses bid to have appeal of fraud conviction reheard
Theranos founder Elizabeth Holmes arrives to begin serving her prison sentence for defrauding investors in the failed blood-testing startup, at the Federal Prison Camp in Bryan, Texas, May 30, 2023. Go Nakamura | Reuters Former Theranos CEO Elizabeth Holmes on Thursday lost her bid to have an appeal of her 2022 fraud conviction reheard. The […]
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Trump says it is ‘such an honor’ that Vatican elected first U.S. pope
President Donald Trump congratulated Robert Francis Prevost after his election as pope Thursday, making him the first American-born pontiff in the history of the Roman Catholic Church. Prevost, 69, of Chicago, will be known as Pope Leo XIV. “It is such an honor to realize that he is the first American Pope,” Trump wrote on […]
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Josh Brown on the UK trade deal rally and how he’s playing it
CNBC Pro contributor Josh Brown brushed off President Donald Trump’s U.K. trade deal plan that’s sent the market higher on Thursday and warned that the recent upswing could lose steam. “Against all odds, the U.S. managed to make a trade deal with its greatest ally of the last 200 years,” Brown, CEO of Ritzholtz Wealth […]
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This stock tied to crypto is breaking out as bitcoin retests $100,000 level, according to the charts
Shares of Coinbase (COIN) are demonstrating constructive technical characteristics going into today’s quarterly earnings report. With bitcoin retesting the “ultimate resistance” at $100,000 , and news this week of Coinbase acquiring crypto options firm Deribit, the recent rally may just be the beginning of a new bullish phase. The daily chart of COIN features a […]
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American Robert Prevost chosen to be Pope Leo XIV
White smoke rises from the chimney on the Sistine Chapel, indicating that a new pope has been elected at the Vatican, May 8, 2025. Dylan Martinez | Reuters Roman Catholic cardinals selected a new pope on the second day of their conclave Thursday, signaling the election with plumes of white smoke billowing from a chimney […]
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Bill Gates doubles giving to $200 billion, says philanthropists can’t cover government cuts
Bill Gates arrives for a press conference to launch the Global Polio Eradication Initiative at the European Commission’s Berlaymont headquarters in Brussels on October 11, 2023. Simon Wohlfahrt | Afp | Getty Images Billionaire Bill Gates announced on Thursday that he will double his charitable giving to $200 billion over the next 20 years. In […]
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