President Donald Trump spent the past year using fear and intimidation to keep Hill Republicans in line, with considerable success. Now those tactics are starting to lose their bite — thanks to a small group of Republicans with nothing to lose. The reasons why this handful of GOP lawmakers feel empowered to spurn their president […]
Sen. John Fetterman, D-Pa., the lone Senate Democrat to join the GOP to fund the Department of Homeland Security (DHS), accused his colleagues of choosing party over country in their shutdown vote. Senate Democrats dug their heels in against funding the agency on Thursday in their pursuit of stringent reforms to Immigration and Customs Enforcement […]
Thousands of anti-government protesters violently faced off against riot police outside government buildings in Albania’s capital, Tirana, earlier this week, as people called for the resignation of the government following a massive corruption scandal. The main Albanian opposition party called for people to take to the streets and demand the resignation of Deputy Prime Minister […]
With little time and no deal in sight to fund the Department of Homeland Security (DHS), a partial government shutdown by midnight is all but guaranteed. The battle to prevent the third government shutdown under President Donald Trump in less than six months was lost in the Senate on Thursday. Now, with Congress scattered across […]
President Donald Trump’s administration fired a U.S. attorney the same day he was sworn in for the role by a federal court this week. A board of judges for the U.S. District Court for the Northern District of New York tapped Donald T. Kinsella to serve as U.S. attorney for the Northern District of New […]
Nvidia stock moved higher in early trading on Thursday, with the chipmaker once again testing the upper end of its recent range as investors positioned ahead of its earnings report later this month. Nvidia shares were up 0.8% at $191.11. The Nvidia stock has climbed 11% over the past five trading sessions but has largely […]
SoftBank-backed PayPay has taken a major step toward the public markets, making public its paperwork for a US initial public offering that could rank as the biggest US listing ever by a Japanese company. The filing puts fresh focus on Japan’s fast-growing digital payments champion just as global investors show renewed appetite for large, profitable […]
Fastly Inc (NASDAQ: FSLY) just reported its first profitable year on a non-GAAP basis, triggering what many media reports are framing as a “short squeeze”. In Q4, the cloud-computing company saw revenue pop 23%, helping its per-share earnings come in at 12 cents – more than double the 6 cents that analysts had forecast. At […]
Apple stock (NASDAQ: AAPL) slid nearly 4% on Thursday as investors trimmed exposure to the market’s biggest technology names and rotated into other parts of the S&P 500. The move looked less like a company-specific verdict on iPhone demand and more like a positioning shift, with money managers turning cautious on megacap valuations after a […]
Investors are bailing on Cisco (NASDAQ: CSCO) this morning despite it posting “record” revenue and coming in ahead of earnings estimates in its fiscal Q2. What’s dampening sentiment is the management’s conservative guidance for the current quarter, and the rising memory and AI hardware costs-driven decline in adjusted gross margins to 67.5%. However, Constellation Research […]