Tag: business news
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Value investor Bill Nygren sees opportunity in beaten-down Salesforce
Nygren said Salesforce is trading at a “double-digit free cash flow yield” despite continuing to grow and positioning itself to benefit from AI.
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Chicago Fed President Goolsbee says inflation is too high; Williams sees price pressures easing
In a live CNBC interview from his home district, Goolsbee declined to speculate on where he thinks interest rates are headed.
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Democrats probe Trump’s troubled $16 million reflecting pool renovation
President Donald Trump has attempted to spruce up Washington in advance of the country’s 250th anniversary.
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Judge blocks Trump’s rule limiting federal student loans for certain grad school borrowers
A federal judge temporarily blocked Trump’s limits on how much certain graduate students can borrow. That policy was set to go into effect July 1.
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A trading opportunity is emerging in this AI infrastructure play, charts show
Data centers demand massive amounts of electricity, and MasTec is a key player that can support the buildout.
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Judge says lawsuit against Trump DOJ ‘anti-weaponization’ fund will proceed
Acting Attorney General Todd Blanche originally set up the fund as part of a settlement of a lawsuit by President Donald Trump against the IRS.
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We’re trimming a health-care stock into strength and raising our price target
It’s been a remarkable turnaround for a name we started to buy a little too high and a little too fast when the Iran war broke out.
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Rafael Nadal says he won’t return to pro tennis following Serena Williams’ comeback
Rafael Nadal told CNBC Sport he has closed the chapter on playing pro tennis forever.
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Bitcoin ETFs see record investor flight as the cryptocurrency hits lowest levels since 2024
Investors have pulled $651 million from bitcoin ETFs so far this week, per SoSoValue.
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Chan Zuckerberg Initiative’s Biohub to open new rare disease funding round
Chan Zuckerberg Initiative’s Biohub will offer new grants to the rare disease community while expanding its AI drug repurposing partnership with Every Cure.
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