
Key Points Fed Governor Lisa Cook’s lawsuit against Donald Trump challenges his ability to remove her from office but only briefly addresses the central accusations that she committed mortgage fraud. Cook did call mortgage fraud accusations “unsubstantiated and unproven” without going into detail. In a statement to CNBC, Federal Housing Finance Agency Director Bill Pulte […]
Read MoreCheck out the companies making headlines in midday trading: Nvidia — The graphics processing unit manufacturer slipped more than 1% after its data center revenue came in below estimates for the second straight quarter. However, Nvidia posted a second-quarter earnings and revenue beat. Hormel — The food company’s stock fell more than 13% to a […]
Read MoreCheck out the companies making headlines before the bell. Nvidia — The graphics processing unit manufacturer slipped nearly 2% after its data center revenue came in below estimates for the second straight quarter. However, Nvidia posted a second-quarter earnings and revenue beat. Other chip stocks such as Taiwan Semiconductor, ASML, Advanced Micro Devices and Microchip […]
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