Category Archives: Syndicated
Jeff Bezos says he’s optimistic about Trump, will help administration reduce regulation
(CNBC) Amazon founder Jeff Bezos spoke optimistically of President-elect Donald Trump on Wednesday at The New York Times’ DealBook Summit, saying he expects a more friendly regulatory environment in the upcoming administration. “I’m actually very optimistic this time around,” Bezos said on stage. “He seems […]
Florida woman who led a nearly $200 million Ponzi scheme sentenced to 20 years
(CNBC) Johanna Garcia, 41, of Broward County, received the maximum possible sentence for one count of conspiracy to commit wire fraud and mail fraud. Twenty-eight other counts from her indictment were dismissed, according to court filings in U.S. District Court for the […]
Powell says he’s not worried about the Fed losing its independence under Trump
(CNBC) Federal Reserve Chair Jerome Powell said Wednesday he isn’t worried President-elect Donald Trump will try to politicize the central bank once he takes office in January. The question of Fed independence has come up over the past several months, amid reports that Trump […]
Salesforce shares rise after earnings beat on revenue, fourth-quarter guidance
(CNBC) Salesforce shares were up 9% on Tuesday after the company’s fiscal third-quarter earnings report showed revenue and fiscal fourth-quarter guidance that exceeded analysts’ expectations.The company’s revenue grew 8% year over year during the fiscal third quarter, which ended Oct. 31. […]
Donald Trump Jr. joins PSQ Holdings’ board, sending shares skyrocketing 270%
(CNBC) News of Donald Trump Jr. joining the board of PSQ Holdings sent shares of the owner of the online marketplace PublicSquare skyrocketing on Tuesday. The stock surged 270.4% to $7.63 after the company announced that the eldest son of President-elect Donald Trump is joining PSQ’s […]
Hedge funds embrace high-stakes binary trades amid market uncertainty
(Hedgeweek) As global markets face volatility driven by elections, central-bank policy shifts, and geopolitical tensions, hedge funds are increasingly investing in binary options — a high-risk, all-or-nothing strategy offering pre-determined payouts for accurate bets, according to a report by Bloomberg. […]
Hedge fund majors profit from November Trump trades
(Hedgeweek)Several large hedge fund firms, including Balyasny Asset Management and Schonfeld Strategic Advisors, capitalised on the market turbulence triggered by Donald Trump’s re-election last month, positioning the industry for its best annual performance in four years, according to a report […]
Okta shares pop 18% on earnings beat, strong guidance
(CNBC) Okta helps companies manage employees’ access to applications or devices with features such as single sign-on and multifactor authentication. The company swung to profitability, reporting net income of $16 million, or 9 cents per share, during the quarter, compared […]
S&P 500 futures are little changed after index closes at a record: Live updates
(CNBC) Stock futures were little changed early Tuesday after the S&P 500 concluded the first session of December’s trading month at an all-time closing high. Futures for the S&P 500, Nasdaq 100 and the Dow Jones Industrial Average were all flat after a mixed session on Wall […]
Art Cashin, New York Stock Exchange fixture for decades, dies at age 83
(CNBC) Art Cashin, UBS’ director of floor operations at the New York Stock Exchange and a man The Washington Post called “Wall Street’s version of Walter Cronkite,” has died. In the intensely competitive and often vicious world of stock market […]
Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated
(CNBC) The package, worth about $56 billion, was the largest compensation plan in U.S. history for a public company executive. Tesla said in a post on social media platform X, which Musk owns, that it plans to appeal the ruling. […]
Hedge funds embrace high-stakes binary trades amid market uncertainty
(Hedgeweek) As global markets face volatility driven by elections, central-bank policy shifts, and geopolitical tensions, hedge funds are increasingly investing in binary options — a high-risk, all-or-nothing strategy offering pre-determined payouts for accurate bets, according to a report by Bloomberg […]

