Donald Trump
Stocks making the biggest moves before the bell: Broadcom, RH, Tesla, Penn Entertainment & more
Check out the companies making headlines in premarket trading. Broadcom — Shares of the semiconductor maker jumped nearly 17% after the company’s fiscal fourth-quarter earnings exceeded expectations. CEO Hock Tan said that Broadcom is developing custom artificial intelligence chips with three large cloud customers. The company also said its artificial intelligence revenue for the year […]
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TSMC says first advanced U.S. chip fab ‘dang near back’ on schedule. Here’s an inside look.
Atop a newly-completed, 3.5-million-square-foot building that stands on 1,100 acres in the Arizona desert north of Phoenix is a giant logo of a microchip wafer and the letters TSMC. Taiwan Semiconductor Manufacturing Company’s first Arizona chip fabrication plant, or fab, is making history because it’s the most advanced chip fab on U.S. soil, and Apple […]
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Europe can make up the Ukraine funding shortfall if the U.S. withdraws, analysts say
The first General Dynamics F-16 Fighting Falcons received by Ukraine fly on the Day of Ukrainian Air Force on August 4, 2024 in Unspecified, Ukraine. At the event for the Day of Ukrainian Air Force with the participation of President of Ukraine Volodymyr Zelenskyi, the first General Dynamics F-16 Fighting Falcons received by Ukraine were […]
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SEC charges Cantor Fitzgerald, led by Trump’s Commerce pick, with breaking securities laws
Howard Lutnick, chairman and CEO of BGC Partners Inc., speaks during the Piper Sandler Global Exchange and FinTech Conference in New York City, U.S., June 8, 2022. Brendan McDermid | Reuters WASHINGTON — The Securities and Exchange Commission on Thursday charged global financial services firm Cantor Fitzgerald with violating laws related to disclosures by so-called […]
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New Jersey drones don’t appear to pose national security or public safety threat, FBI says
Unidentified drone in New Jersey. Source: MSNBC The FBI and Department of Homeland Security said Thursday that they had seen “no evidence” that mysterious drone sightings over New Jersey and adjacent areas in recent weeks “pose a national security or public safety threat.” The agencies also said they had no evidence of a “foreign nexus” […]
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U.S. charges 14 North Koreans in $88 million identity theft and extortion case
DPRK IT workers FBI wanted poster. Source: FBI The Department of Justice accused 14 North Korean nationals of conspiring to use false identities to get IT jobs with U.S. companies and siphon money back to their home country, in violation of U.S. sanctions. The indictment, filed Wednesday in Missouri federal court, alleged that the conspiracy […]
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Trump antitrust appointments to unleash M&A ‘animal spirits,’ says Morgan Stanley
President-elect Donald Trump ‘s picks for top regulators may not lead to a total free-for-all of corporate deal-making, but they should be more than enough to unleash the pent-up demand for mergers and acquisitions, according to Morgan Stanley. Analyst Ryan Kenny said in a note to clients that the second Trump administration — including the […]
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More stocks that are adopting MicroStrategy’s bitcoin yield strategy
More and more bitcoin miners are starting to undertake a strategy harnessed by MicroStrategy , according to JPMorgan. MicroStrategy shares have been one of the hottest trades of the year as cryptocurrencies rallied to new highs and the victory of President-elect Donald Trump set off another wind as investors bet the new administration would adopt […]
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Here are 7 key moments from Jim Cramer’s interview of Donald Trump from the NYSE
President-elect Donald Trump told CNBC’s Jim Cramer on Thursday the stock market is “going to see a lot of good days ahead.” Jim interviewed Trump on the floor of the New York Stock Exchange moments after the president-elect rang the opening bell. In their wide-ranging discussion, Trump said the performance of the stock market is […]
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FAA head Michael Whitaker to step down before Trump takes office
Federal Aviation Administration Administrator Mike Whitaker listens to a question during a news conference on the FAA’s work to hold Boeing accountable for safety and production quality issues, at the Federal Aviation Administration Headquarters on May 30, 2024 in Washington, DC. Andrew Harnik | Getty Images The head of the Federal Aviation Administration, Mike Whitaker, […]
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