Donald Trump
Piper Sandler says Trump will usher in a wave of mainstream crypto adoption — so buy these stocks
The new Trump administration will offer a good backdrop for crypto-related stocks, according to Piper Sandler. Cryptocurrency-linked assets surged on Wednesday following Trump’s victory. The president-elect has indicated his support for the industry, and more favorable regulations under a new administration could continue to send digital currencies like bitcoin to new all-time heights . On […]
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These stocks have major upside because of potential Trump policies, analysts say
Wall Street analysts are looking ahead to President-elect Donald Trump’s return to the White House, and many stocks could be poised to benefit. CNBC Pro combed through the most recent Wall Street research to find companies analysts really like heading into 2025 based on potential Trump policies. They include General Motors, Ford Motor, Robinhood , […]
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Europe’s banks brace for tougher competition under Trump 2.0
The lights of Frankfurt am Main’s banking skyline glow in the last light of day. Boris Roessler | Picture Alliance | Getty Images European banks face an even tougher task to close an earnings gap on U.S. rivals, as Wall Street awaits a new era of financial deregulation under a second Donald Trump presidency. Lenders in […]
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Fintechs Upstart and Toast soar on earnings
Chris Comparato, CEO, the Toast, Inc. IPO at the New York Stock Exchange, on September 22, 2021. Source: NYSE Upstart, which uses artificial intelligence to inform online lending decisions, soared 46% on Friday, its best day in over three years. Toast, which sells payments technology to restaurants, jumped 14%, closing at its highest since 2021. […]
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Inflation data will be key hurdle to get through next week after stock market’s historic postelection rally
Inflation data in the week ahead could determine whether a stock market that surged to all-time highs after Donald Trump ‘s decisive victory can continue to push higher. The October consumer and producer prices data are set to release Wednesday and Thursday, respectively, right after the Federal Reserve cut interest rates this week by a […]
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Justice Department brings charges in thwarted Iranian plot to assassinate Trump
An Iranian man picks up a newspaper with an image of the U.S. President-elect, Donald Trump, published on its front page in downtown Tehran, Iran, on November 7, 2024. Morteza Nikoubazl | Nurphoto | Getty Images The Department of Justice on Friday charged an Iranian man and two others in a plot to kill then-candidate […]
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Toyota says California-led EV mandates are ‘impossible’ as states fall short of goal
A sign is displayed outside a Toyota Motor Corp. dealership on Jan. 30, 2024 in Tokyo, Japan. Tomohiro Ohsumi | Getty Images News | Getty Images DETROIT — Toyota Motor sounded the alarm Friday that California-led electric vehicle mandates that are set to start next year are “impossible” to meet and, if they’re not changed, […]
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Special counsel Jack Smith seeks pause in Trump criminal case to assess ‘unprecedented circumstance’
Special counsel Jack Smith makes a statement to reporters about the 37 federal charges returned by a grand jury in an indictment of former U.S. President Donald Trump on charges of unauthorized retention of classified documents and conspiracy to obstruct justice as Smith speaks at his offices in Washington, U.S. June 9, 2023. Leah Millis […]
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Trump reiterates no plans to sell DJT after election win; stock soars
This photo illustration shows an image of former President Donald Trump next to a phone screen that is displaying the Truth Social app, in Washington, DC, on February 21, 2022. Stefani Reynolds | AFP | Getty Images Trump Media shares soared Friday after President-elect Donald Trump reaffirmed he has no plans to sell off his […]
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How Black business leaders are thinking about a coming Trump administration
Black business leaders are still trying to figure out why Vice President Kamala Harris lost the presidential race, and how to approach the coming administration of President-elect Donald Trump. “It certainly means change. That’s what the voters wanted and that’s what they thought President Trump represents,” said Charles Phillips, co-chair of the Black Economic Alliance […]
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