Breaking News: Investing
XRP surges after Ripple CEO Brad Garlinghouse says SEC is dropping its lawsuit against the company
A visual representation of the digital cryptocurrency XRP. S3studio | Getty Images XRP surged after Ripple CEO Brad Garlinghouse said the U.S. Securities and Exchange Commission is no longer pursuing its appeal in the case against the payments company. The price of XRP was last higher by nearly 14% at $2.57. “It’s been almost four […]
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Nvidia CEO Jensen Huang says tariff impact won’t be meaningful in the near term
Nvidia CEO Jensen Huang downplayed the negative impact from President Donald Trump’s tariffs, saying there won’t be any significant damage in the short run. “We’ve got a lot of AI to build… AI is the foundation, the operating system of every industry going forward. … We are enthusiastic about building in America,” Huang said Wednesday […]
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Retail investors ditch buy-the-dip mentality during the market correction
Spencer Platt | Getty Images Individual investors, whose assets are more tied to the stock market than ever, have abandoned their tried-and-true dip-buying mentality as the S&P 500 recently fell into a painful, 10% correction. Retail outflows from U.S. equities rose to about $4 billion over the past two weeks as tariff chaos and mounting […]
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These stocks are contenders to start dividends — and have plenty of cash, Morgan Stanley says
Dividend stocks reward investors with the potential for enhanced returns over time, and a few companies may have the wherewithal to start offering the payments, according to Morgan Stanley. A few big names joined the ranks of dividend payers in 2024, led by tech giants Meta Platforms , Alphabet and Salesforce , that began making […]
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Buffett’s Berkshire hikes stakes in five Japanese trading houses to almost 10% each
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 4, 2024. CNBC Warren Buffett’s love for Japanese stocks grows fonder even as he increasingly sells U.S. equities. The 94-year-old investor’s Berkshire Hathaway holding company raised its holdings in five Japanese trading houses — Itochu, Marubeni, Mitsubishi, Mitsui and Sumitomo — by more […]
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Klarna, nearing IPO, plucks lucrative Walmart fintech partnership from rival Affirm
Key Points Swedish fintech firm Klarna will be the exclusive provider of buy now, pay later loans for Walmart, taking a coveted partnership away from rival Affirm, CNBC has learned. Klarna, which disclosed its intention to go public in the U.S., will provide loans to Walmart customers in stores and online through the retailer’s majority-owned […]
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Treasury Secretary Bessent says White House is heading off a ‘guaranteed’ financial crisis
Treasury Secretary Scott Bessent speaking to CNBC on March 13th, 2025. CNBC Treasury Secretary Scott Bessent said Sunday the Trump administration is focused on preventing a financial crisis that could be the result of massive government spending over the past few years. “What I could guarantee is we would have had a financial crisis. I’ve studied […]
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‘See you in four years’: Canada flexes economic muscle as tariff negotiations continue
A “Shop Canadian” sign is seen at the entrance of a supermarket in Vancouver, British Columbia, Canada, March 4, 2025. Liang Seng | Xinhua News Agency | Getty Images Canadians are swapping their friendly auras for a fierce sense of nationalism amid U.S. President Donald Trump’s attacks on the country’s trade and sovereignty. Trump’s mostly […]
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Americans lost $5.7 billion to investment scams in 2024, FTC says. Here’s how to protect yourself
Key Points Americans reported losing $5.7 billion to investment scams in 2024, according to the Federal Trade Commission. The typical victim lost more than $9,000 on average. “Pig-butchering scams” are a common investment fraud whereby scammers develop a relationship with victims, entice them to invest money and then swindle them. There are three common signs […]
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A big markets week lies ahead that could determine whether this correction turns into a bear
The roller coaster ride that is the stock market lately is unlikely to come to an end anytime soon, with investors desperate for any clarity on the macroeconomic picture that could put a bottom in for equity prices. Wall Street is headed for a big week ahead, with economic data set to be scrutinized by […]
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