Author: CNBC
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Trump turns to his ‘old cast’ to raise millions for 2024 and the PAC paying his legal bills
Republican presidential nominee Donald Trump is interviewed by investor John Paulson at the Economic Club of New York luncheon in Manhattan, New York, U.S., September 15, 2016 Mike Segar | Reuters Veteran investor John Paulson has called allies on Wall Street to make the case that it’s time to help Donald Trump become president again.…
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Biden trolls Trump ‘golf championship’ trophies: ‘Congratulations, Donald’
Retired professional golfer Jack Nicklaus presents Republican presidential candidate and former President Donald Trump with the 2024 Trump International Golf Club Most Improved Player award on March 24, 2024, in West Palm Beach, Florida. Joe Raedle | Getty Images President Joe Biden trolled Donald Trump late Sunday after his Republican challenger bragged about winning — not…
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Stocks making the biggest moves before the bell: Boeing, Masimo, Cleveland-Cliffs, Baidu, Disney and more
Check out the companies making headlines in premarket trading. Boeing — Shares of the aerospace giant rose more than 2% after the company announced CEO Dave Calhoun was stepping down at the end of the year. Board Chairman Larry Kellner is also resigning. Masimo — Shares soared nearly 12% following the medical technology company’s announcement…
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Nissan looks to address ‘extreme market volatility’ with 30 new models, EV cost cuts
Nissan is targeting an additional 1 million vehicle sales over the next three years and a 30% reduction in electric vehicle production costs by 2030, the Japanese carmaker announced Monday. In a new medium-term business plan, Nissan also said it would launch 30 new models by fiscal year 2026, with 16 of these electrified. It’s…
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China’s new guidelines block Intel and AMD chips in government computers: FT
Digitally Generated Images Wong Yu Liang | Moment | Getty Images China has rolled out new guidelines that will phase out U.S. processors in government computers and servers, effectively blocking chips from Intel and AMD, the Financial Times reported on Sunday. The procurement guidelines, unveiled on Dec. 26, are now being enforced and will also…
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Trump says ‘I love Truth Social’ one day after DWAC stock plunges on social media merger vote
Zoom In IconArrows pointing outwards Chart for price of shares in Digital World Acquisition Corp. in days leading up to and including shareholder approval of merger with Donald Trump’s social media company. CNBC Donald Trump on Saturday told his many online followers, “I LOVE TRUTH SOCIAL” — but shareholders in the newly merged company that…
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These 5 portfolio stocks outran the market in Wall Street’s strong week. Here’s what fueled their gains
In a strong week for Wall Street, a wide-ranging group of Club stocks marched higher, including both of our chipmakers benefiting from the artificial intelligence boom. Here’s a breakdown of the Club’s top-five performers over the past five sessions. AVGO YTD mountain Broadcom (AVGO) year-to-date performance Shares of Broadcom jumped 9.55% this week, occupying the…
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Biden signs $1.2 trillion spending package for government funding until October
U.S. President Joe Biden and Vice President Kamala Harris meet with (L-R) Senate Minority Leader Mitch McConnell (R-KY), House Speaker Mike Johnson (R-LA), Senate Majority Leader Chuck Schumer (D-NY), House Minority Leader Hakeem Jeffries (D-NY), on February 27, 2024 at the White House in Washington, DC. Roberto Schmidt | Getty Images President Joe Biden on…
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Venting won’t help, new study shows—this is the No. 1 way to manage your anger
After a frustrating day at work or fight with your significant other, calling a friend to complain might seem like a good idea. Venting won’t help you manage your anger, though, according to a recent paper published in Clinical Psychology Review. Researchers studied how effective arousal-increasing activities, like venting or running, and arousal-decreasing activities, like…
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2 major market themes that could make or break stocks after this week’s rally
Wall Street largely stumbled on Friday but still managed to post strong weekly gains. A powerful four-session winning streak that brought the Dow Industrials and the S & P 500 to all-time highs on Thursday was helped along by this week’s favorable update from the Federal Reserve. The Nasdaq , which was slightly higher on…