Donald Trump
Microsoft, Apple are the most under-owned megacap tech stocks, poised for a rebound, Morgan Stanley says
Microsoft emerged as the most under-owned megacap stock among institutional investors, signaling a rebound could be on the horizon, according to Morgan Stanley. The Wall Street firm looked at new regulatory filings from the 15 largest tech companies in its coverage and then figured out each firm’s average weighting within the top 100 actively managed […]
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Senate Democrats seek evidence from FBI sex-trafficking probe of Trump AG pick Matt Gaetz
Rep. Matt Gaetz, R-Fla., is seen outside a meeting of the House Republican Conference in the U.S. Capitol on Tuesday, January 3, 2023. Tom Williams | CQ-Roll Call, Inc. | Getty Images The Senate Judiciary Committee asked the FBI on Wednesday for its “complete evidentiary file” of a prior investigation into the alleged sex trafficking […]
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Delta CEO says Trump administration’s approach to regulation could be ‘breath of fresh air’
Ed Bastian, chief executive officer of Delta Air Lines Inc., during an interview in New York, US, on Monday, Nov. 7, 2022. Jeenah Moon | Bloomberg | Getty Images Delta Air Lines CEO Ed Bastian said the Trump administration’s approach to regulation could be a “breath of fresh air.” Speaking to reporters ahead of Delta’s […]
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What Trump’s return to the White House could mean for global bond yields
Former US President Donald Trump arrives during a “Get Out The Vote” rally in Greensboro, North Carolina, US, on Saturday, March 2, 2024. Bloomberg | Bloomberg | Getty Images Donald Trump’s U.S. election victory has ratcheted up concerns about higher prices, prompting strategists to rethink the outlook for global bond yields and currencies. It is […]
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Euro-dollar parity is back in focus as Trump win sparks trade jitters
The prospect of the U.S. introducing a swathe of new tariffs under President-elect Donald Trump has led economists to say the euro could return to parity with the U.S. dollar in their 2025 outlooks. Since Trump’s decisive victory in the Nov. 5 election, which also handed the Republican party control of both houses of Congress, […]
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Trump tariffs to push down U.S. growth ‘a great deal’ going into 2026, Morgan Stanley warns
Prices on displayed in a New York grocery store on Feb. 1, 2023. Leonardo Munoz | Corbis News | Getty Images Donald Trump’s proposed tariffs will dent U.S. economic growth going into 2026, said Morgan Stanley’s chief global economist Seth Carpenter. President-elect Trump has stated that he intends to impose a blanket tariff of 10% […]
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SpaceX launches Starship’s fourth flight of the year, splashes down booster instead of catching it
SpaceX launched the sixth test flight of its Starship rocket on Tuesday, as the company looks to keep up momentum of the mammoth vehicle’s development. The rocket took off from SpaceX’s private “Starbase” facility near Brownsville, Texas. There are not any people on board the Starship flight. Starship reached space and will travel halfway around […]
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Trump picks Dr. Oz to lead massive Medicare, Medicaid agency CMS
Pennsylvania Republican U.S. Senate candidate Dr. Mehmet Oz poses for a portrait outside of a poling location during the primary election in Rockledge, Pennsylvania, U.S. May 17, 2022. Hannah Beier | Reuters President-elect Donald Trump on Tuesday said he would nominate Dr. Mehmet Oz, the celebrity TV host physician, to lead the Centers for Medicare […]
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Trump urges Senate GOP to block Biden’s last judicial nominees
U.S. President-elect Donald Trump attends the America First Policy Institute (AFPI) gala at Mar-A-Lago in Palm Beach, Florida, U.S., November 14, 2024. Carlos Barria | Reuters President-elect Donald Trump on Tuesday pushed his fellow Republicans in the Senate to stop Democrats from confirming any more of President Joe Biden’s judicial nominees. “The Democrats are trying […]
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Intuit, H&R Block shares fall after report that Trump government efficiency team is considering tax-filing app
Michael Nagle | Bloomberg | Getty Images The stock prices for H&R Block and Intuit fell after a report Tuesday said Trump’s government efficiency team is considering creating a free tax-filing app. Intuit, which makes the TurboTax tax-filing software, was down 5%, putting it on pace for its worst day since Aug. 23, when the […]
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