Vice President Kamala Harris wouldn’t bite. “Joe Biden is our nominee,” she told a CBS News reporter outside a San Francisco fundraiser Tuesday night amid signs the president’s Democratic dam was breaking. The reporter tried another tactic, asking if she was ready to lead the country if needed. Nothing. “I am proud to be Joe […]
Shares of Nike (NYSE: NKE) plunged after the athletic apparel and footwear company disappointed investors by forecasting a surprise sales decline for fiscal 2025. The stock is now down about 30% year to date. These recent losses have extended Nike’s decline since the stock hit its peak in 2021, and shares are down about 10% […]
Russia squandered a major opportunity to make battlefield gains, says strategist Mick Ryan. Despite recent momentum, Russia’s made little forward progress, and its gains have come at a high cost. Ukraine’s improving military posture and strategic prospects challenge Russia’s attrition tactics. Russia missed out on an opportunity to steamroll Ukraine and secure notable battlefield gains, […]
Last year, Ark Investment Management CEO Cathie Wood said software companies will be the next big opportunity in artificial intelligence (AI), predicting they will eventually generate $8 in revenue for every $1 spent on chips from leading suppliers like Nvidia. Ark operates several funds (both private and exchange-traded) that reflect that stance. Using the Ark […]
Shares of Plug Power (NASDAQ: PLUG) surged in May after the company announced that it had received a conditional commitment for a $1.66 billion loan from the U.S. Department of Energy (DOE). However, the stock is now well below where it was before the announcement, and one U.S. senator has called the loan into question. […]
When Broadcom (NASDAQ: AVGO) released the results of its fiscal 2024 second quarter, ended May 5, the company delivered results that sailed past Wall Street’s expectations. More intriguing for shareholders, however, was another development. In conjunction with its financial report, Broadcom’s management revealed a 10-for-1 stock split. Since its announcement on Jun 12, shares have […]
WASHINGTON (AP) — President Joe Biden had plenty of opportunity during the presidential debate to lay out a clear vision regarding abortion rights in the face of growing restrictions and worsening medical care for women since the fall of Roe v. Wade, something his campaign sees as a major motivator for voters. That’s not what […]
War in Ukraine, war in the Middle East, saber-rattling in China – there’s no question that the global security situation is turning chaotic. Closer to home, the halls of Congress are seeing an unusual degree of bipartisan agreement on defense spending. And in the stock markets, investors are taking a closer look at aerospace and […]
Welcome to the online version of From the Politics Desk, an evening newsletter that brings you the NBC News Politics team’s latest reporting and analysis from the campaign trail, the White House and Capitol Hill. In today’s edition, senior political editor Mark Murray explains why President Joe Biden’s campaign is in a fighting mood ahead […]
Not many businesses dominate quite like Amazon (NASDAQ: AMZN) does. The massive tech enterprise is currently valued at nearly $2 trillion. This huge figure comes from a rapidly rising share price, which has soared $1,000% in the past decade and 7,400% in the past 20 years. This “Magnificent Seven” stock has rewarded its shareholders in […]
The summer solstice has arrived as of 4:50 p.m. June 20. The term “solstice” translates to “sun” and “to stand still.” This longest day of the year had 15 hours and 12 minutes of daylight. Laura Schultz Pipis, executive director of United Way of Monroe/Lenawee Counties What does the summer solstice signal for you? Is it […]
Ark Investment Management operates eight exchange-traded funds (ETFs) that invest primarily in innovative technology stocks. Last year, Ark CEO Cathie Wood said software companies will be the next big opportunity in artificial intelligence (AI), predicting they could generate $8 in revenue for every $1 spent on chips from suppliers like Nvidia. Ark’s ETFs reflect that […]