The U.S. Supreme Court is shown March 17, 2025 in Washington, DC. Win Mcnamee | Getty Images President Donald Trump’s unprecedented attempt to fire Federal Reserve Board Governor Lisa Cook will likely end up in the hands of the Supreme Court, according to Wall Street economists and analysts. Trump on Monday evening claimed to fire…
Check out the companies making the biggest moves midday: Semtech — The semiconductor maker rallied 17% on better-than-expected second-quarter results and strong third-quarter revenue guidance. The company posted a Q2 profit of 41 cents per share, excluding certain items, on revenue of $27.6 million. Analysts expected earnings of 40 cents per share on revenue of…
Uncertainty around tariffs has caused even the wealthiest buyers of Lamborghini supercars to hold off on their purchases, CEO Stephan Winkelmann told CNBC. While the White House recently announced an agreement with Europe on a 15% tariff rate, that rate hasn’t yet taken effect for cars. Lamborghini and other European automakers are still paying a…
After a week of bearish action, Federal Reserve Chair Jerome Powell’s Jackson Hole remarks were a welcome curveball. Most indexes ripped almost 2% on Friday on hints that a rate-cut cycle could kick off in September. Rate cuts are a tailwind for growth, and tech sits squarely in that lane. Most of the “Magnificent Seven”…
Tennis legend Billie Jean King has been a fearless advocate for women’s rights and women in sports since early in her career, but she said there’s still work to do. King made history in 1973 when she defeated top tennis player Bobby Riggs in the famous “Battle of the Sexes” match. Over 90 million people…
An Israeli soldier walks near an armored vehicle in Qalqilya, West Bank, on August 7, 2025, during a night raid marked by confrontations with residents. The raid, part of ongoing Israeli operations in the West Bank, adds to the tension in Qalqilya, a city encircled by the Israeli separation barrier and frequently targeted in military…
Annex, a Scion community in Oxford, Ohio, that serves students of Miami University. Courtesy of Scion A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional…
Here are the biggest research calls on Wall Street on Tuesday: CFRA reiterates Nvidia as buy CFRA raised its price target on the AI chipmaker stock and said it’s bullish on Nvidia heading into earnings on Wednesday after the bell. “We lift our target price to $206 from $196, on P/E of 29x our CY…
A Frontier Airlines plane near a Spirit Airlines plane at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Frontier Airlines is going after customers of Spirit Airlines, whose financial footing has gotten so shaky in recent weeks that it warned earlier this month it might…
Check out the companies making headlines before the bell. EchoStar — The telecommunications stock surged 66% after AT & T said it would buy some wireless spectrum licenses from EchoStar for $23 billion. AT & T said that the transaction should close sometime in mid-2026. Shares of AT & T were last trading less than…
