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US Secretary of State Marco Rubio testifies during a Senate Foreign Relations Committee hearing concerning the fiscal year 2027 budget for the State Department, on Capitol Hill in Washington, DC, on June 2, 2026. Brendan Smialowski | AFP | Getty ImagesSecretary of State Marco Rubio said Tuesday that Iran has mined “large segments” of the Strait of Hormuz, indicating that explosives in the strategic sea lane are more widespread than previoulsy acknowledged. “They’re firing on commercial ships and they’ve mined large segments of Hormuz — international waters,” Rubio told the Senate Foreign Relations Committee, in his first appearance before Congress…
AmperCap prices $125 million IPO at $10 per unit Source link
CNBC’s Jim Cramer on Tuesday provided investors a handful of beaten-down stocks that he believes could outperform if the artificial intelligence trade begins to cool. “These are the stocks that will start going higher if tech retreats,” the “Mad Money” host said. “You’ll wish you had some of these when the time comes and the momentum tech stocks run out of, well, momentum.”The comments come after Nvidia CEO Jensen Huang’s keynote at Computex fueled fresh gains in data center and AI-related stocks. But Cramer said signs of fatigue in some software names — coupled with a looming flood of stock…
U.S. Senator Bill Cassidy (R-LA) speaks as U.S. Health and Human Services Secretary Robert F. Kennedy Jr., testifies before a Senate Finance Committee hearing on President Donald Trump’s 2026 health care agenda, on Capitol Hill in Washington, D.C., U.S., September 4, 2025. Evelyn Hockstein | ReutersFederal Housing Finance Agency chief Bill Pulte does not appear to be “competent” to serve as acting director of national intelligence, outgoing Republican Sen. Bill Cassidy said during an interview Tuesday at CNBC’s CEO Council Summit. Cassidy, who recently failed to qualify for a runoff in Louisiana’s Republican primary after President Donald Trump endorsed one…
The Department of Justice has permanently abandoned plans for a $1.8 billion Anti-Weaponization compensation fund created to settle a lawsuit by President Donald Trump against the Internal Revenue Service, Acting Attorney General Todd Blanche testified to a House panel on Tuesday.But Trump, his family members, and related business entities remain protected from tax audits and enforcement actions in connection with tax returns filed before last month’s out-of-court settlement of his lawsuit, Blanche told the House Appropriations Subcommittee on Commerce, Justice, Science.Blanche, who previously served as Trump’s criminal defense attorney, personally signed off on the DOJ’s May 19 addendum to the…
Macquarie, IG4 to sell controlling stake in Brazil’s CLI to AD Ports for $835 million Source link
However, Microsoft is clear that this is still just a concept. None of it works, but the company is committed to spending money on it as part of its massive AI expansion plans. Agentic concepts Microsoft has shown off two concept devices that illustrate where it hopes to go with Project Solara. The more conventional is the Desk Concept, which looks like a typical smart display. It’s got a touchscreen, microphones, and a camera. While you sit at your desk, this gadget would keep you apprised of what your theoretical AI agents are doing on your behalf. It can act…
Sir Keir Starmer says the question of “how accusations of racism informed decision making” must be addressed, as protesters clash with police in Southampton. Source link
An Ulta Beauty store in Colma, California, US, on Wednesday, Dec. 3, 2025. David Paul Morris | Bloomberg | Getty ImagesUlta Beauty on Tuesday reported quarterly results that beat on the top and bottom lines and hiked its earnings outlook as the retailer saw a strong start to its fiscal year.Shares of the company rose as much as 7% in extended trading.Here’s how the company performed in its fiscal first quarter compared with what Wall Street was expecting, according to a survey of analysts by LSEG:Earnings per share: $7.74 vs. $6.86 expectedRevenue: $3.16 billion vs. $3.10 billion expectedFor the three-month…
Exclusive-Meta scales back plan for internal mouse-tracking tech, citing staff concerns Source link