Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Trump still protected from tax enforcement, but anti-weaponization fund is dead, Blanche says
The DOJ’s $1.8 billion faced strong criticism because it could have compensated people convicted of crimes related to the Jan. 6, 2021, U.S. Capitol Riot.
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Ulta shares pop as beauty retailer beats Wall Street expectations and hikes earnings outlook
Ulta Beauty beat on the top and bottom lines for its fiscal first quarter on Tuesday as CEO Kecia Steelman praised the company’s strategy.
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Alphabet’s plan to sell $80 billion in stock to fund its AI buildout isn’t all bad
It’s the latest step in an aggressive effort by big tech companies to secure future funding for AI infrastructure.
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Palo Alto Networks tops earnings as AI fuels cybersecurity urgency
The beat comes on lowered expectations, after the company gave disappointing guidance in February that fell short of analyst estimates.
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This income-generating asset offers yield exceeding 6% at a tax-advantaged rate
Investors who can stomach some rate volatility may be poised to pick up solid yield.
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Pulte appointment as spy chief would give Trump attack dog access to the ‘crown jewels’
In his role atop the housing finance agency, Bill Pulte has used his access to mortgage records to refer some top Trump enemies for prosecution.
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Traders say Karen Bass and Spencer Pratt will advance to runoff in high-profile L.A. mayoral race
Los Angeles voters go to the polls Tuesday. If no candidate receives more than 50%, the top-two vote getters will advance to a November runoff.
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Investor Joe Terranova buys these AI plays with ‘strong momentum, strong fundamentals’
Investor Brian Belski also shared some recent stock picks on CNBC’s ‘Halftime Report’ on Tuesday afternoon.
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Why BlackRock’s Rick Rieder feels ‘a bit more relaxed’ about AI bull market than dotcom era
‘I think you gotta stay in,’ says the top BlackRock investing official, as earnings growth and cash to be reinvested in stocks support the AI bull market.
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Jeffries: Democrats aren’t focused on Trump impeachment ‘at this moment’
In conversation with CNBC’s Emily Wilkins, the House leader laid out Democrats’ path to a majority next Congress and plans to rein in President Donald Trump.
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