by Jennifer Berry Hawes, with additional reporting by Cassandra Garibay “This Shits Crazy” In their last phone call before bed, Janicke Glynn tries to reassure her husband. He is away visiting a sick relative, and a Weather Channel forecast of Hurricane Helene’s imminent collision with the North Carolina mountains is leaving him uneasy. The storm, more than 400 miles wide, is expected to strike their small community the next morning, Sept. 27. Janicke encourages him to focus on his family up in Boston. That is more important. She is fine. It’s been raining a lot, but the house is fine.…
Author: Usama Nisar
by Robert Faturechi and Brandon Roberts ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they’re published. Two days before President Donald Trump announced dramatic plans for “reciprocal” tariffs on foreign imports, Transportation Secretary Sean Duffy sold stock in almost three dozen companies, according to records reviewed by ProPublica. The Feb. 11 sales occurred near the stock market’s historic peak, just before it began to slide amid concerns about Trump’s tariff plans and ultimately plummeted after the president unveiled the details of the new tariffs on April 2. Disclosure…
El presidente de Rusia dijo que estaba dispuesto a negociar un acuerdo de paz, pero dejó claro que no iba a ceder en su resistencia a un alto al fuego si no viene acompañado de concesiones a su país.
The crypto market has been through a volatile few days, reacting to all of the weekend’s news while most markets were closed. Tariff negotiations between the U.S. and other countries seem to be at a standstill, and there are threats of higher tariffs this summer if deals aren’t reached. Cryptocurrencies may not be where you expect to see a reaction to policy news like this, but it’s often the first place investors see the market move. XRP (CRYPTO: XRP) has been one of the biggest movers with its value falling 11.9% from a high late last week to a low…
A bearish note in an otherwise bullish industry research report led to a bit of an investor sell-off in GitLab (NASDAQ: GTLB) stock on Monday. The specialized tech company’s shares took a nearly 5% hit as a result, on a day when the S&P 500 index basically traded sideways. Sold on software That report, published in the morning and authored by RBC Capital analyst Matthew Hedberg, was an update of notable software stocks in advance of scheduled quarterly earnings reports from companies in the segment. Where to invest $1,000 right now? Our analyst team just revealed what they believe are…
If you’ve seen the movie The Big Short, which is based on the novel by Michael Lewis and features acclaimed actors Steve Carrell, Christian Bale, Ryan Gosling, and Jeremy Strong, then you probably know who Michael Burry is. The former Stanford neurology resident rose to prominence while posting stock ideas online during the early days of the internet. His ideas were so good that he eventually left the medical field to launch his own fund. Prior to the Great Recession, Burry correctly bet against the housing market, making hundreds of millions in profits for his fund, Scion Capital. Now, Burry…
Several encouraging pieces of news about legalized medical marijuana sent Curaleaf Holdings (OTC: CURLF) stock to a win on the first trading day of the week. Shares of the veteran weed company, which is active in both the medical and recreational segments of the market, closed the day more than 2% higher. That contrasted favorably with the essentially flat performance of the S&P 500 index. Big in Texas The first item providing fresh hope for medical weed was its apparently increasing prospects for growth in a major market. A new medical marijuana bill making its way through the Texas legislature…
Diamond Carl (11/1) was a surprise winner of the Grand Steeple-Chase de Paris at Auteuil on Sunday. Trained by Francois Nicolle, the seven-year-old ran out a six-length winner, as last year’s victor Gran Diose could only manage fifth place. Run over three miles five furlongs and 181 yards, the 10-runner contest took place on heavy ground at Auteuil. Louisa Carberry’s Gran Diose started the race as a short 13/8 favourite and was prominent for much of the early stages of the contest. Entering the home stretch at the Parisian track, many seemed to have chances. It was the Clement Lefebvre-ridden…
Things were looking extremely difficult for technology companies just a few weeks ago. President Donald Trump announced tariffs on imports from countries around the world — and an especially high tariff of 145% on imports from China. The move could have been disastrous for tech stocks in two ways: Higher prices in general would reduce demand for their products and services, and the higher prices on their imported parts and finished goods would increase their costs. Wedbush analyst Dan Ives even called the scenario “Armageddon” for technology companies. But, luckily for these players and for investors, the situation has greatly…
Amid the wild swings on Wall Street this year, quantum computing remains one of the hottest stock market investing themes. D-Wave Quantum (NYSE: QBTS) has emerged as an industry leader, capturing strong demand for its cutting-edge technology with a growing number of commercial use cases. Accelerating sales have powered the stock to a staggering 705% return over the past year as of this writing, with optimism building among investors toward the company’s outlook. Can the rally keep going? Let’s discuss where D-Wave Quantum stock might be in one year from now. Where to invest $1,000 right now? Our analyst team…