Author: Press Room
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. U.S. stocks jumped Monday as the Nasdaq and S & P 500 attempts to recover from back-to-back weekly losses. Major gains were seen in tech stocks to start the new week. Nvidia shares rose as the company kicks off its GTC developers conference and investors await CEO Jensen Huang’s keynote address. Apple and Alphabet gained ground after media reports indicated that Google may help power future AI features on the iPhone. Jim Cramer said this…
Check out the companies making headlines in midday trading. Nvidia — Shares climbed about 3% in light of the company’s GTC Conference . Investors see the event as a bellwether for artificial intelligence, as Nvidia is expected to unveil new products and updates. Zillow — Shares pulled back 3%, adding to Friday’s 13% pullback. The stock came under pressure after the National Association of Realtors reached a settlement with home sellers that could lead to lower commissions for realtors. Alphabet , Apple — Shares of the Google parent company gained nearly 7% following a Bloomberg report that said Apple was…
Gas price inflation is back. For the first time since late last year, prices at the pump are now higher on a year-over-year basis. It’s a trend that industry experts expect to continue in the coming weeks and months, especially if Russian oil facilities continue to get hit by drone attacks. This is an unwanted development for consumers heading into the spring. It’s also a problem for White House and Federal Reserve officials hoping to declare victory over inflation. The recent jump in gas prices is already causing headaches on the inflation front. Gas was the main culprit behind last…
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The crypto world is fascinated by crazy obsession, with speculative meme coins. Stories of modest investments into viral sensations like Dogecoin, Shiba Inu, and PEPE minting millionaires overnight are becoming commonplace.As the bull run is almost here, in this charged environment where fortunes are materializing in real-time, meme coins are exploding. The one token that is rapidly emerging as a contender for top meme coin is the BEFE token.The Massive Rise of BEFE CoinCurrently at the time of writing the BEFE is trading at $0.0005286 on crypto exchanges. The BEFE token provides an impossibly low entry point for prospective investors.…
The widespread AT&T cellular outage was caused by a software update, the network said.The company said it was not caused by a cyber attack, despite federal agencies looking into the downtime.The issue left some without service for close to 12 hours on Thursday and many angry customers. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app AT&T says it believes its sweeping cellular outage that left customers without service for up to 12 hours on Thursday wasn’t a cyberattack.It was a software update gone wrong, AT&T said.”Based on our…
Dear readers/followers, You may recall my work on Deutsche Telekom (OTCQX:DTEGY) which resulted in a sector-specific outperformance for this company (specific to the communications sector) over 30% RoR since my first article. In fact, if you go back to January of 2022, which is when I established my position in the company, the company has generated significant outperformance to the somewhat tepid S&P500. You can find my last article on the company here. Seeking Alpha Deutsche Telekom (Seeking Alpha)Obviously this has been a successful investment. That’s also why I took some profits (like I said in another article with regards…
Vladimir Putin is cruising to victory in Russia’s presidential election, cementing his rule for another six years amid his invasion of Ukraine and brutal suppression of dissent.Early results on Sunday showed the Russian president on track to be re-elected with a record 88 per cent of the vote and turnout at more than 70 per cent, according to the Russian electoral commission with 25 per cent of returns counted. The result was a foregone conclusion after the Kremlin outlawed all criticism of Putin or the war and blocked any opposition candidates from running.The longest-serving ruler since Joseph Stalin, Putin has…
Democratic Rep. Jeff Jackson struck a breezy tone as he talked about the State of the Union while sitting in the kitchen where he films several of his TikTok videos. “It’s a little risky to talk about the State of the Union from your kitchen these days, but let’s give it a shot,” the North Carolina Democrat said before discussing how the lights in the room were three times brighter than normal that night, the bet he made about how many heckles there would be among members of Congress and looking up at his wife, Marisa, give a standing ovation when…
By Clark Mindock (Reuters) – Republican-led states and industry groups on Wednesday filed three lawsuits challenging a U.S. Environmental Protection Agency rule that toughens air quality standards for soot pollution. The lawsuits were filed in the U.S. Circuit Court of Appeals for the D.C. Circuit by a variety of industry groups and 25 states including Texas, Kentucky and West Virginia. The lawsuits will seek to block an EPA rule finalized last month that lowered the average allowable concentration of fine particulate matter, or soot, in the air. Kentucky Attorney General Russell Coleman, whose state is co-leading with West Virginia one…
