Meta Platforms ‘ mounting legal battles over allegations that it fostered addictive behavior in kids have become a headline risk for the already troubled Club stock. But like Jim Cramer, Bank of America warns investors against letting the courtroom drama overshadow the long-term opportunity. “While the stock is down on [California] trial headlines, we believe…
Nvidia , the poster child of the AI trade, will report earnings Wednesday night. The fundamentals and the charts suggest investors should proceed with caution. For a variety of reasons, sentiment around the AI buildout beneficiaries has started to sour. Pushback on data centers has become a key topic heading into the midterms. Memory bottlenecks…
Gold is up 15% this month, rallying alongside higher interest rates and quietly on pace for its best month since 2008. The biggest trade in the entire options market today says that run is coming to an end. Twenty minutes after the market opened Monday, someone sold almost 116,000 420-strike calls in the SPDR Gold…
The Trump administration unveiled a plan to isolate Iran’s economy by threatening to impose secondary sanctions on the Islamic Republic’s “enablers.” Source link
Trump Media interim CEO Kevin McGurn on Monday defended his company offering faster access to President Donald Trump‘s Truth Social posts, and said more customers have signed up for the pricey and controversial service. “We’re getting into the mid-teens now, and we’re climbing,” McGurn told CNBC’s “Squawk Box” when asked if more companies had started…
U.S. Treasury Secretary Scott Bessent arrives to testify during a Senate Committee on Appropriations, Subcommittee on Financial Services and General Government hearing in the Dirksen Senate Office Building on April 22, 2026 in Washington, DC. Chip Somodevilla | Getty Images Treasury Secretary Scott Bessent is seeking to cap rising yields using a variety of tools…
US President Donald Trump speaks to reporters before boarding Air Force One at Joint Base Andrews, Maryland on Aug. 21, 2026. Saul Loeb | AFP | Getty Images President Donald Trump on Monday said the U.S. will raise tariffs on imports of cars, trucks and auto parts from Canada to 50% on Jan. 1, 2027,…
Paramount sign outside their offices at 1515 Broadway in New York City, U.S., Feb. 17, 2026. Adam Gray | Reuters California Attorney General Rob Bonta canceled a meeting with Paramount Skydance on Monday, saying the company demonstrated a “lack of good faith” in early settlement talks around its planned merger with Warner Bros. Discovery. “My…
U.S. Trade Representative Jamieson Greer speaks to members of the press outside the West Wing of the White House on April 2, 2026 in Washington, DC. Alex Wong | Getty Images U.S. Trade Representative Jamieson Greer on Monday suggested Canada was responsible for the collapse of trade-deal negotiations last week, telling CNBC that Ottawa changed…
Treasury Secretary Scott Bessent speaks to members of the media outside the White House in Washington, Aug. 20, 2026. Yuri Gripas | Abaca | Bloomberg | Getty Images The Treasury could use its near $1 trillion General Account to help fund its recently announced plans to increase purchases of government bonds, according to two senior…
