Stocks hit record, Walmart dials back DEI, and DOGE is rockin’ and rollin’
Phil Orlando, chief equity strategist at Federated Hermès, spoke of the “attractive” post-election rally and pre-holiday retail situation. – Stocks hit record highs for another week as President Trump's economic boom continues – Elon Musk and Vivek Ramaswami's DOGE is scheduled to depart next week – President-elect Trump adds another top businessman to his team […]
Ripple poised for NY approval of stablecoin, set to enter regulated US crypto market
Rep. Mike Flood (R-Nebraska) explains how President-elect Donald Trump will shake up the White House's approach to digital assets. New York's main cryptocurrency regulator is close to giving the green light to a new stablecoin issued by cross-border payments firm Ripple, with an announcement expected in the coming days, FOX Business has learned. Got it. […]
One of Warren Buffett’s favorite ETFs is rocking
Constellation Research's Ray Wang analyzes the outlook for the technology industry and market strength ahead of Wednesday's opening bell. Warren Buffett, CEO of Berkshire Hathaway, had the usual sense of something when his company adopted Vanguard's S&P 500 ETF (VOO) a few years ago. Since then, exchange-traded funds have gradually become a favorite of retail […]
‘Onerous Burden’: Big Tech Companies ‘Concerned’ After Australia Bans Social Media For Kids
Australia passed a law Thursday banning children younger than 16 from using social media, worrying some Big Tech companies. The Social Media Minimum Age bill requires social media platforms, including Instagram, Facebook, Snapchat and X, to prevent users below the age of 16 from accessing the websites or face fines, Reuters reported. And it will […]
Warren Buffett’s surprise November letter to shareholders
Jack Oliver, managing partner at RBO&Co, reacts to Warren Buffett's decision to stockpile cash before the election on “Claman Countdown.” Warren Buffett wrote a surprise letter to shareholders a few days before Thanksgiving. The message thanked those who shared his children, his good fortune, and the importance of philanthropy. ticker safety last change change % […]
Dow hits all-time high, on pace for 47th record close
Elizabeth Evans, managing partner at Evans May Wealth, explains why AI stocks will drive the market higher in 2025 on “How to Make Money.” U.S. stocks continued to rise on Wednesday, with the Dow Jones Industrial Average hitting a new all-time high on pace for the 47th time this year. The S&P 500 and Nasdaq […]
Investors, firms balking at ESG ETFs
Bottom Line panelists are speaking out as some companies try to distance themselves from politics. Companies that manage investment funds are rebranding or, in some cases, shutting down. Exchange Traded Fund (ETF) These were previously linked to environmental, social and governance (ESG) objectives amid political and regulatory backlash. ESG investing has gained attention over the […]
Trump admin eyes CFTC to lead digital asset regulation
US needs to take the lead on digital money: former CFTC chairman The incoming Trump administration wants to expand the Commodity Futures Trading Commission's authority by giving it oversight of a significant portion of the $3 trillion digital asset market, FOX Business has learned. The move comes as President-elect Donald Trump and the Republican majority […]
Gronk says he’s invested in Apple, labels the stock his ‘best investment’
Wamsi Mohan, senior IT hardware analyst at Bank of America Securities, reiterated his Buy rating and $256 price target on Apple in The Craman Countdown. Rob Gronkowski has revealed that Apple has proven to be his “best investment” to date. retired NFL tight end recently spoke to Fortune He first invested in the tech giant […]
Walmart Backpedals On DEI Policy, Ditches Some LGBT Merch
Walmart confirmed Monday it would backpedal on its diversity, equity and inclusion (DEI) initiatives following pressure from conservative activist Robby Starbuck. In a company statement, Walmart announced it was “willing to change alongside our associates and customers who represent all of America,” Bloomberg News reported. Walmart has already removed some LGBT-themed merchandise from its website, […]