Americans nearing retirement and recent retirees said they were anxious and frustrated following a second day of market turmoil that hit their 401(k)s after President Donald Trump’s escalation of tariffs.…
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New York state’s top financial regulator struck a $40 million settlement Thursday with Block Inc., the parent of Cash App, the popular money transmission service, after having found the company…
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One of my favorite market breadth indicators remained in an extreme bearish reading through the end of last week, standing in stark contrast to growing optimism after last Wednesday’s sudden…
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Business
Nvidia CEO says he was wrong about timeline for quantum, surprised his comments hurt stocks
Nvidia CEO Jensen Huang on Thursday walked back comments he made in January, when he cast doubt on whether useful quantum computers would hit the market in the next 15 years.…
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Politics
Why Zelenskyy keeps pushing for Ukraine NATO membership even though Trump says it’s not happening
Ukrainian President Volodymyr Zelenskyy isn’t backing down from seeking NATO membership for Ukraine despite the fact that President Donald Trump has said the Ukrainian leader ‘could forget about’ joining the…
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Bristol Myers Squibb (BMY) reported strong Q4 earnings earlier in February, and prospects remain strong for 2025, although it may face some headwinds. The recent earnings announcement for the company…
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Paramount Global told its employees this week that it’s ending numerous diversity, equity and inclusion policies, according to a memo obtained by CNBC. In the memo sent to employees Wednesday, Paramount…
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Let me start by reminding everyone that I believe the most important relationship in the stock market is how consumer discretionary stocks (XLY) perform relative to consumer staples stocks (XLP).…
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The Department of Government Efficiency (DOGE) announced the cancellation of at least 58 contracts on Wednesday, resulting in more than $150 million in savings for the American taxpayer. In a…
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Business
AI-powered sports media company raises $13 million, led by Alexis Ohanian and Giannis Antetokounmpo
ScorePlay, an artificial intelligence service for sports clips, has raised $13 million in series A funding, the company announced Tuesday. The sports storytelling platform’s investors include 20VC venture capital fund…
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Global markets are facing increased volatility as inflation data and ongoing tariff tensions add uncertainty. As a result, investors are closely watching economic indicators, knowing they could impact interest rates,…