Tag: business news
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How a $4 billion Indian startup won Meta’s backing but lost its founder to WhatsApp
Indian fintech startup Cred will raise $900 million in a round led by Meta, but has lost its founder and CEO to WhatsApp.
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‘I like their money’: Trump threatens lawsuits against ABC for reporting on Reflecting Pool
The latest action against ABC comes as the broadcaster faces two investigations from the Federal Communications Commission.
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Magnificent 7 stock pullback now looks like a buying opportunity, strategist says
Recent weakness in Magnificant 7 now looks to be an opportunity for investors, given that US equity trends remain bullish in the near term, Fundstrat says.
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Goldman Sachs picks best hedges for a rate-shock scenario
The bank said last week’s hawkish Federal Open Market Committee meeting has increased uncertainty over the outlook for short-term interest rates.
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Ro Khanna challenges Elon Musk to televised debate after online DOGE battle
Rep. Ro Khanna, D-Calif., has been a critic of the Elon-Musk-led Department of Government Efficiency cuts.
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CNBC’s The China Connection newsletter: Tackling EV trucks after success with cars
Beijing’s latest push into electric trucks has echoes of measures announced more than a decade ago to develop new energy passenger cars.
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Tesla faces federal probe after Model 3 slams into Texas home, killing 76-year-old
Harris County authorities said that the driver, Michael Butler, said that he had been using Tesla’s partially automated driving systems.
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Nvidia’s stock struggles as Kalshi traders bet chip prices are coming down
Shares of Nvidia have been faltering recently — and Kalshi traders predict that what the company can charge for chips is also declining.
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Industrials are catching up to the rest of the market. Katie Stockton is watching these names
The founder of Fairlead Strategies says three industrial stocks are poised for strong moves higher, based on the charts.
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Micron earnings and inflation data: What Jay Woods is watching this week
NYSE insider Jay Woods also dives into two other stocks reporting earnings this week: FedEx and Darden Restaurants.
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