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U.S. commodities regulator seeks to drop appeal of Kalshi election bets offers
The Kalshi app arranged on a smartphone in New York, US, on Monday, Feb. 10, 2025. Gabby Jones | Bloomberg | Getty Images The Commodity Futures Trading Commission on Monday moved to drop its appeal of a federal judge’s ruling that had allowed commodities exchange KalshiEx to take bets on the outcome of U.S. political […]
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GE HealthCare beats on earnings, slashes full year outlook due to tariffs
GE HealthCare reported better-than-expected first-quarter results on Wednesday, but the company slashed its annual forecast to account for the impact of President Donald Trump’s far-reaching “reciprocal” tariff policy. Shares of GE HealthCare were up 3% on Wednesday. Here’s how the company did: Earnings per share: $1.01 adjusted vs. 91 cents expected by LSEG. Revenue: $4.78 […]
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Eric Trump: ‘If banks don’t watch what’s coming, they’ll be extinct in ten years’
Key Points “The modern financial system is broken, it’s slow, it’s expensive,” Eric Trump told CNBC in the UAE. The executive vice president of the Trump Organization has made frequent visits to the desert sheikhdom in recent years as it rapidly becomes a global hub for cryptocurrency. A vocal advocate of digital currencies, the younger […]
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Donald Trump Jr. co-founds new private members club, Executive Branch, with a $500,000 fee
A new private membership club in Washington, D.C., co-founded by Donald Trump Jr., is charging a $500,000 membership fee — and there’s already a waiting list. The club, called Executive Branch, held a launch party on Saturday night that included at least a half dozen members of President Donald Trump’s administration as well as wealthy […]
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Apple has best day since 1998 on Trump’s 90-day tariff pause
Apple CEO Tim Cook inspects the new iPhone 16 during an Apple special event at Apple headquarters in Cupertino, California, on Sept. 9, 2024. Justin Sullivan | Getty Images Apple shares skyrocketed 15% on Wednesday after President Donald Trump announced a 90-day pause on his administration’s “reciprocal tariffs,” which would have affected the company’s production […]
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Silicon Valley’s early return on Trump investment: Plunging valuations, delayed IPOs
The Nasdaq MarketSite in New York, June 9, 2023. Michael Nagle | Bloomberg | Getty Images Silicon Valley executives and financiers publicly opened their wallets in support of President Donald Trump’s 2024 presidential run. The early returns in 2025 aren’t great, to say the least. Following Trump’s sweeping tariff plan announced Wednesday, the Nasdaq suffered […]
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Trump Media shares drop after warning the president’s trust and other insiders could sell stock
Thomas Fuller | SOPA Images | Lightrocket | Getty Images Trump Media‘s stock tumbled on Wednesday after the company disclosed in a securities filing the possibility of significant stock sales, including by insider shareholders such as the president’s trust. The parent company of Truth Social said in a filing dated April 1 that the company […]
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Wall Street banks got meager payout from CoreWeave IPO
Michael Intrator, founder and CEO of CoreWeave Inc., Nvidia-backed cloud services provider, attends his company’s IPO at the Nasdaq Market in New York City on March 28, 2025. Brendan McDermid | Reuters Wall Street banks waited a long time for a billion dollar IPO from a U.S. tech company. They’re not making much money from […]
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Musk group offers $100 to Wisconsin voters ahead of pivotal state Supreme Court election
People vote at a polling station in Allenton, Wisconsin, on Election Day, November 5, 2024. Alex Wroblewski | AFP | Getty Images A group funded by billionaire Elon Musk is offering Wisconsin voters $100 to sign a petition in opposition to “activist judges,” a move that comes two weeks before the state’s Supreme Court election […]
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Dominari Holdings shares surge 30% after Donald Trump Jr. and Eric Trump join advisory board
Eric Trump during an interview with the PA news agency at Trump International Golf Links near Balmedie, Aberdeenshire. Jane Barlow – Pa Images | Pa Images | Getty Images Dominari Holdings shares shot up Tuesday after the holding company announced that President Donald Trump’s sons — Donald Trump Jr. and Eric Trump — have joined […]
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