DORAL, Fla. — House Republicans arrived at their yearly policy retreat aiming to craft a 2026 agenda that will help them keep their majority in the upcoming midterms. But they left with few specifics on what more they can do before the election to quell voter angst about higher prices. Speaker Mike Johnson told GOP […]
US stocks closed mixed on Wednesday as investors navigated rising geopolitical tensions and higher Treasury yields. The Dow Jones Industrial Average fell 289 points to 47,417.21, while the S&P 500 slipped 0.08% to 6,775.75. The Nasdaq Composite bucked the broader weakness, edging up 0.08% to 22,716.14, supported by resilience in technology shares. Oil climbs despite […]
Micron stock (NASDAQ: MU) surged nearly 5% on Wednesday as investors digested a fresh round of analyst upgrades. The fresh rally came in the backdrop of the artificial intelligence sector pulling demand in one direction, and the evidence shows that it is not slowing down. Micron’s rally on Wednesday was driven by multiple catalysts, including […]
Sen. Thom Tillis (R-N.C.) on Wednesday suggested that the Justice Department should admit it made a mistake by launching an investigation related to Federal Reserve Chair Jerome Powell. Asked by reporters about a potential off-ramp to his objections to moving any Fed nominees — including President Donald Trump’s pick for chair, Kevin Warsh — until […]
GOP Rep. Kevin Hern announced his campaign Wednesday for an open Senate seat in Oklahoma to replace Sen. Markwayne Mullin, who President Donald Trump tapped to lead the Department of Homeland Security. Hern, who chairs the Republican Policy Committee, is the first high-profile GOP candidate to officially enter the race for Mullin’s seat, which was […]
Senate Republicans are planning for days of marathon sessions as they try to put Democrats on defense over their controversial elections bill backed by President Donald Trump. The strategy, described by two aides granted anonymity to comment on private deliberations, is emerging after GOP leaders signaled they will bring the SAVE America Act to the […]
Nvidia stock moved higher early Wednesday as investor concerns about disruptions to the company’s supply chain began to fade. Nvidia stock rose about 0.5% to $186.25 in early trading after gaining 1.2% in the previous session. The broader market also edged higher as investors assessed comments from Donald Trump suggesting that the conflict involving Iran […]
Famed investor Jim Cramer says it’s hard to see Campbell’s (NASDAQ: CPB) Q2 earnings release and believe it’s still the great American company it once was. On Wednesday, the canned food specialist posted 51 cents a share of earnings on a 5% sales decline to $2.56 billion – both below consensus. Compounding the pain, its […]
Elon Musk on Wednesday unveiled a new artificial intelligence project developed jointly by Tesla and the startup xAI that he said could emulate the functions of software companies. In a post on social media platform X, Musk described the project as “Macrohard” or “Digital Optimus,” a system that pairs xAI’s Grok large language model with […]
Papa John’s (NASDAQ: PZZA) is ripping higher on Wednesday after reports surfaced that a Qatari-backed fund – Irth Capital – has submitted a formal bid to take it private. According to sources familiar with the matter, the fund is willing to pay $47 per share for PZZA – an exciting 50% premium over its previous […]