University of Virginia President Jim Ryan speaks during a memorial service on November 19, 2022 in Charlottesville, Virginia. Mike Kropf | Getty Images The president of the University of Virginia is resigning following pressure from the Trump administration to step aside amid a Justice Department probe into the school’s diversity practices. James E. Ryan convened…
Four years ago, financial advisor Ric Edelman went out on a limb in saying everyone should hold cryptocurrencies. But how much? Low single digits was his recommendation. In his “The Truth about Crypto” book in 2021, Edelman said as low as a 1% allocation was reasonable. A lot has changed. This week, Edelman said financial…
CNBC’s Jim Cramer still likes Boeing stock despite the pending investigation into the tragic crash of one of the company’s jets in India earlier this month. On June 12, an Air India 787-8 Dreamliner bound for London went down in the western part of the country seconds after it took off. Hundreds were killed. Investors…
Next week kicks off a new trading month as well as the back-half of 2025, and Wall Street will be watching to see if stocks keep up their recent than momentum. Stocks have made a massive comeback after seeing steep declines in early April, when investor anxiety around President Donald Trump’s sweeping tariff policy put…
It’s been a week of records for the U.S. stock market — and for several stocks in the CNBC Investing Club’s portfolio. The S & P 500 jumped to an all-time high of 6,187.68 Friday, while the tech-heavy Nasdaq Composite rose to a new record of 20,311.51. Both benchmark gauges advanced around 4% from last…
Coterra Energy is refocusing on oil. CEO Thomas Jorden shared the company’s decision not to reduce its oil rig count at the JPMorgan Energy conference earlier this week. Here are several key takeaways for investors. 1. For starters, the move signals that Coterra has regained confidence in the direction of oil markets — and inherent…
Nike stock soared 17% on Friday after the company said the worst of its struggles are behind it, following a better than feared fiscal fourth-quarter earnings report. Nike on Thursday reiterated it would take the biggest financial hit from its turnaround plan during the quarter, soothing investors who worried President Donald Trump’s tariff hikes on…
These are the stocks posting the largest moves in midday trading. <
Gov. Gavin Newsom speaks during an address on Tuesday, June 10, 2025. Office of California Governor via AP California Gov. Gavin Newsom sued Fox News on Friday, seeking damages of at least $787 million from the conservative network for allegedly defaming him in comments about a phone call with President Donald Trump. “No more lies,”…
Billionaire investor Ron Baron said he’s holding on to his position in Elon Musk’s SpaceX for the rest of his life. “I think that we’re going to hold that for another probably 10 years in SpaceX at least,” Baron told attendees at the Morningstar Investment Conference in Chicago. “And I don’t think, in SpaceX, I’ll…
