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Dan Ives, Wedbush Securities analyst.Scott Mlyn | CNBCDan Ives, one of Wall Street’s most recognizable technology analysts, is leaving his longtime role at Wedbush Securities to launch a merchant bank aimed at combining research, advisory, capital raising and investing under one roof.Ives, who has spent the past eight years at Wedbush and more than 25 years covering technology stocks, said the new firm will seek to build what he described as a “modern merchant bank” focused on helping companies and investors capitalize on opportunities created by artificial intelligence and other structural shifts across the economy.”It’s been a phenomenal eight years…
A view of a Toyota RAV4 Hybrid on display before the game between the Washington Nationals and the Tampa Bay Rays against the at Nationals Park on April 03, 2023 in Washington, DC. (G Fiume | Getty ImagesDETROIT — Second-quarter U.S. vehicle sales are turning into a tale of haves and have nots, as automakers that have hybrid models are outperforming those that don’t amid high gas prices and a decline in demand for all-electric vehicles. Global hybrid leader Toyota Motor on Wednesday reported a 1.1% increase in its second-quarter sales, led by a roughly 20% increase in sales of…
Why is SanDisk stock plummeting today? Source link
Furthering this concern, Sony also announced today that it will close the PlayStation Store on PlayStation 3 and PS Vita, with the US losing access in July 2027. Although the number of gamers relying on those stores is declining, it remains notable that Sony shied from committing to making previously purchased PlayStation 3 and PS Vita games downloadable for customers’ lifetime. “To ease the transition, players will still be able to download previously purchased content after the closing date for the foreseeable future,” Sony said. Both blog posts have comments decrying Sony’s announcements and their implications for ownership and long-term access…
Avon and Somerset Police has not named the man at the centre of the investigation, which began in December 2024.It is being led by officers from Operation Bluestone, its dedicated rape and serious sexual assault investigation team.”As a result of our enquiries, a file has been submitted to the Crown Prosecution Service to consider a charging decision,” the force said.”We’ve updated the victims about this significant development, and we’ll continue to make sure they have access to any help or support they need.”We’d respectfully ask people not to speculate on the circumstances so the investigation can continue unhindered.”The Labour Party…
FILE PHOTO: US President Donald Trump arrives to deliver a statement along with Mexican President Enrique Pena Nieto and Canadian Prime Minister Justin Trudeau, on the signing of a new free trade agreement in Buenos Aires, on November 30, 2018, on the sidelines of the G20 Leaders’ Summit.Saul Loeb | AFP | Getty ImagesThe Trump administration has decided not to renew its trilateral trade pact with Canada and Mexico, instead opting to conduct annual reviews of the treaty that President Donald Trump once called “the best agreement we’ve ever made.”The widely anticipated decision on the United States-Mexico-Canada Agreement, known as…
UBS Names Top Copper Mining Stocks Amid Supply Constraints Source link
It was a strong yet erratic first half of the year for stocks. Some of our Club holdings staged brilliant comebacks from their 2025 lows. Others fell even further, ultimately forcing us to exit one frustrating position. Despite Iran war volatility, resurgent inflation, and AI disruption concerns, the S & P 500 still managed to jump roughly 9.5% year to date. As of Tuesday’s close, the broad-market index in 2026 hit 24 all-time highs. The Nasdaq , which gained almost 13% year to date, clinched 20 records. Among the 35 stocks in our portfolio, 18 of them outperformed the S…
E. Jean Carroll arrives at Manhattan federal court in New York as her defamation suit against Donald Trump continues in New York City on Jan. 26, 2024.Spencer Platt | Getty ImagesThe writer E. Jean Carroll is seeking the prompt release of the nearly $5.8 million she is owed from a civil jury verdict holding President Donald Trump liable for sexually abusing and defaming her, a new court filing by her lawyers said.But Trump wants to delay that so he can potentially ask the Supreme Court to reconsider its refusal Monday to hear his appeal, according to the filing in U.S.…
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. The S & P 500 is up to start the new month. Meanwhile, the Nasdaq is still under pressure as investors took profits in semiconductor stocks — a group that saw record-breaking rallies in the first half of the year — including Micron , Sandisk , Nvidia and Broadcom . In Jim Cramer’s top 10 this morning, he said to “expect profit-taking on the winners.” One hyperscaler Jim is very excited about is Meta…