Former U.S. President Donald Trump speaks as he attends a presidential debate with U.S. President Joe Biden in Atlanta, Georgia, June 27, 2024. Brian Snyder | Reuters The stock price of Trump Media soared more than 11% in premarket trading Friday morning after majority shareholder Donald Trump benefited from President Joe Biden stumbling through their … Read more
NEW DELHI, INDIA – JANUARY 31: A view of Parliament House Building on the first day of the Budget session of Parliament on January 31, 2024 in New Delhi, India. (Photo by Ajay Aggarwal/Hindustan Times via Getty Images) Hindustan Times | Hindustan Times | Getty Images Indian government bonds reached a major milestone on Friday … Read more
How will we know if we are OK with the stocks we own? I want you to learn how to size up your companies by asking what they are levered to, what matters to them. This concept of levered is not about debt. It’s about figuring out what exposure these company have to key issues … Read more
Commuters walking at Shibuya Crossing, Tokyo © Marco Bottigelli | Moment | Getty Images Asia-Pacific markets climbed on Friday as investors assessed key economic data out of Japan and awaited U.S. inflation readings due later in the day. The Japanese yen hit fresh 38-year lows against the greenback, weakening to as low as 161.27 against … Read more
A photo illustration of the Chewy logo is seen on a smartphone and a PC screen. Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Chewy shares rallied dramatically on Thursday after meme stock leader Roaring Kitty posted a picture on social media platform X that resembles the logo of the online pet food … Read more
Mike Mergen | Bloomberg | Getty Images The cost of prescription medications in the U.S. has increased 37% since 2014, far surpassing the rate of inflation, according to data from drug savings company GoodRx. Though the price increases have slowed this year in comparison to the past decade, the higher costs are raising out-of-pocket expenses … Read more
The United States needs to build a significant number of nuclear plants to supply surging energy demand while also meeting climate goals, the CEO of Southern Company said at an event on Thursday. “This country will need more nuclear plants going forward,” Chris Womack said at the Reuters Global Energy Transition conference in New York … Read more
We’re initiating a position in Nextracker , buying 350 shares at roughly $48.18. Following Thursday’s trade, Jim Cramer’s Charitable Trust will own 350 shares of NXT with a weighting of about 0.5%. Nextracker makes solar tracker systems that allow huge utility-scale rows of solar panels to rotate and follow the sun’s movement across the sky … Read more
Sweden’s Riksbank on Thursday said it may cut interest rates up to three more times this year — as the central bank’s governor, Erik Thedéen, warned it must proceed with caution. “Two or three cuts is a forecast, it’s not a promise, and we will adapt monetary policy according to incoming information,” Thedéen told CNBC’s … Read more
JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, D.C. Evelyn Hockstein | Reuters JPMorgan Chase said late Wednesday that the Federal Reserve overestimated a key measure of income in the giant … Read more
