Dow rises 250 points; Verizon Reports Mixed Third Quarter Results – Cambium Networks (NASDAQ:CMBM), Advent Technologies Hldgs (NASDAQ:ADN)

US stocks traded higher this morning, with the Dow Jones index gaining about 250 points on Wednesday. The Dow Jones rose 0.55% to 47,970.89, while the NASDAQ rose 0.65% to 23,982.73. The S&P 500 also rose, gaining 0.33% to 6,913.53. Check this out: The top two energy stocks that could implode this quarter Leading and […]

Eric Trump ‘incredibly excited’ about American Bitcoin’s prospects as company’s BTC stack rises to $441 million – American Bitcoin (NASDAQ:ABTC)

Eric Trumpco-founder and Chief Strategy Officer at American Bitcoin Corp. (NASDAQ:ABTC), expressed optimism about the company’s growth potential following Fresh’s announcement Bitcoin (CRYPTO:BTC) acquisitions on Monday. ‘Warm up’ Trump told X, “And we’re just getting warmed up! Incredibly excited about ABTC and what we’re building.” The excitement comes after the Miami-based company added 1,414 BTC […]

Scott Bessent fires back at Bob Elliott’s claim that rates ‘offset’ rent relief, says critics ‘not icing on inflation’

A new analysis by economist Bob Elliott warns that a “sharp increase in rate-related price increases” will keep inflation “stuck above 3%,” effectively wiping out any disinflationary relief consumers received from falling rents. Tariffs fuel ‘price rises’ while putting pressure on household spending In a substack remarkthe CEO of Unlimited Funds argued that this dynamic […]

Brazil’s Lula says US trade deal can be completed ‘faster than anyone thinks’, citing Trump’s guarantees

The Brazilian president Luiz Inacio Lula da Silva announced an impending trade deal with the US, following commitments from the president Donald Trump. Lula mentions Brazil’s strategic role President Lula revealed during a briefing at the ASEAN summit in Malaysia that Trump had “guaranteed” his word on a trade deal between the two countries, Reuters […]

Japan’s new Prime Minister Sanae Takaichi may have found the key to Trump’s heart with Ford F-150s: ‘That’s a hot truck’ – Ford Motor (NYSE:F)

Former President Donald Trump has arrived in Japan for talks with the newly appointed Prime Minister Sanae Takaichi. The visit marks Takaichi’s attempt to build a personal bond with Trump to help ease trade tensions — and at the heart of that plan could be vehicles from Ford Motor Company (NYSE:F). Trump says Japan’s new […]

To Donald Trump Jr. linked drone maker Unusual Machines wins major deal with Pentagon – Red Cat Holdings (NASDAQ:RCAT), Unusual Machines (AMEX:UMAC)

Donald Trump Jr. linked Unusual machines Inc. (NYSE:UMAC) has won its largest Pentagon contract to date. View the current price of UMAC shares here. Allen EvansCEO of the drone and components manufacturer, told the Financial Times that Trump Jr. “did not advise or do anything else on this deal”. “Don has never communicated with anyone […]

Carvana rushes past dealers with digital model Carvana’s digital model rushes past dealers – Carvana (NYSE:CVNA)

Carvana Co. (NYSE:CVNA) is accelerating its dealer shift driven by a digital, vertically integrated model as credit concerns ease and demand remains resilient. Needhams Mackenzie Holleran confirmed a Buy on Caravanna with a goal of $500. She said Carvana is leading the shift from traditional auto retailing to a digital, data-driven, capital-efficient, vertically integrated model. […]

Lip-Bu Tan Was Really ‘Angry’ About the Balance Sheet: Intel CFO Reveals Trump Liquidity Plan, Nvidia Investments – NVIDIA (NASDAQ:NVDA), Intel (NASDAQ:INTC)

On Thursday, Intel Corp (NASDAQ:INTC) executives detailed how the company plans to leverage its improved cash position and liquidity following major investments from the Donald Trump administration, Nvidia Corp (NASDAQ:NVDA), SoftBank Group (OTC:SFTBF) (OTC:SFTBY) and others. Intel focuses first on reducing debt During Intel’s third quarter earnings call, Executive VP and CFO David Zinsner explained […]