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Traders work at the post where GameStop is traded on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 12, 2024. GameStop's annual shareholder meeting was disrupted by computer problems Thursday, as servers crashed under overwhelming interest in the stream, a customer service representative for the company hosting the stream told CNBC. According to a YouTube stream from an unaffiliated user purporting to reproduce the feed, the annual meeting was brought to order at 11:48 a.m. The rep said Computer Share's servers appeared to be unable to handle the amount of traffic the meeting had received and weren't accustomed to the volume of accounts. They added that Computer Share's tech team was working to solve the issue and advised interested parties to attempt to log in "every 5 to 10 minutes."

Persons: weren't, Keith Gill —, —, Gill Organizations: GameStop, New York Stock Exchange, CNBC, Share Locations: New York City, U.S

☆ Hayman's Kyle Bass on Trump floating eliminating income tax: No way tariffs would match tax revenue
▼ + stars: | 2024-06-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHayman's Kyle Bass on Trump floating eliminating income tax: No way tariffs would match tax revenueHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Hayman's Kyle Bass, Brian Sullivan, “ Organizations: Trump, CNBC

☆ Watch CNBC's full interview with Dan Ives and Ross Gerber on Tesla and Elon Musk's pay package
▼ + stars: | 2024-06-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Dan Ives and Ross Gerber on Tesla and Elon Musk's pay packageHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Dan Ives, Ross Gerber, Brian Sullivan, “ Organizations: Tesla, Elon, CNBC

☆ Adobe shares soar 15% on better-than-expected results
▼ + stars: | 2024-06-13 | by ( Jordan Novet | ) www.cnbc.com time to read: +2 min

Analysts polled by LSEG were looking for $4.48 in adjusted earnings per share and $5.4 billion in revenue. Adobe bumped up its full-year view, calling for full-year adjusted earnings per share between $18.00 and $18.20 and revenue of $21.40 billion to $21.50 billion. The forecast in March was $17.60 to $18.00 in adjusted earnings per share, with $21.30 billion to $21.50 billion in revenue. In recent weeks software peers SentinelOne, UiPath, Veeva reduced their full-year revenue guidance citing economic weakness and corporate interest in artificial intelligence development. During the quarter, Adobe announced the availability of a service for fine-tuning the company's Firefly generative artificial intelligence models to deliver image content consistent with clients' brand guidelines.

Persons: Shantanu Narayen, Jim Cramer Adobe, LSEG, SentinelOne, Veeva Organizations: Adobe

☆ Live Updates: Supreme Court Upholds Broad Access to Abortion Pill
▼ + stars: | 2024-06-13 | by ( Abbie Vansickle | ) www.nytimes.com time to read: +2 min

ETThe Supreme Court on Thursday upheld access to a widely available abortion pill, rejecting a bid from a group of anti-abortion organizations and doctors to unravel the Food and Drug Administration’s approval of the pill. In a unanimous decision, written by Justice Brett M. Kavanaugh, the court held that the plaintiffs lacked standing to challenge the F.D.A.’s actions. The case involved easier access: The challenge before the court centered on changes the F.D.A. The safety of the pill: The groups — citing five studies, including two that were later retracted — questioned the safety of mifepristone, which was approved by the F.D.A. Their claim contradicted a large scientific record on the safety of mifepristone and another abortion medication, misoprostol.

Persons: Brett M, Kavanaugh, ”, Roe, Wade, ’, Matthew J, Kacsmaryk, —, Adam Liptak Locations: Texas, Amarillo , Texas, Panhandle

☆ Tesla will eventually be a market cap 'north of $1 trillion' every year, says Wedbush's Dan Ives
▼ + stars: | 2024-06-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla will eventually be a market cap 'north of $1 trillion' every year, says Wedbush's Dan IvesHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Wedbush's Dan Ives, Brian Sullivan, “ Organizations: CNBC

Learn moreThe 2024 Stanley Cup Finals continue tonight with Game 3 of the Florida Panthers vs. Edmonton Oilers match-up. We've put together everything you need to know about how to watch the Stanley Cup Finals, including options that will work for the entirety of the series. The Oilers will attempt to get back into the competition tonight, but another win for the Panthers gets them that much closer to the Stanley Cup. How to watch Stanley Cup Finals in the USGame 3 of the Stanley Cup Finals will air on ABC on Thursday at 8 p.m. See at FuboHow to watch Stanley Cup Finals from anywhereThose planning to travel outside the US during the Stanley Cup Finals can keep up with their subscriptions using a VPN.

Persons: We've, There's, you'd, Fubo, ExpressVPN Organizations: Business, Florida Panthers, Edmonton Oilers, Stanley, Panthers, Oilers, Vegas Golden Knights, ABC, ESPN, MLB, NHL, NFL, UFC, Hulu, Disney Plus

☆ Broadcom is the next stock that could enter the trillion-dollar club, according to Bank of America
▼ + stars: | 2024-06-13 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Broadcom could be the next stock to reach a trillion-dollar market cap, Bank of America said. AdvertisementChip maker Broadcom looks like a contender to be the next member of the stock market's trillion-dollar club, Bank of America said Thursday. Bank of America thinks Broadcom has even greater potential even after its big quarterly report. Upside drivers will be semiconductor sales and Broadcom's VMWare, a software firm it acquired last year. AdvertisementIf Bank of America's price target pans out, that would place Broadcom among an exclusive group of stocks with trillion-dollar market capitalization.

Persons: BofA, — Organizations: Broadcom, Bank of America, Service, VMware, VMWare, Nvidia, Microsoft, Apple

☆ Microsoft employees' cybersecurity contributions will factor into their pay
▼ + stars: | 2024-06-13 | by ( Jordan Novet | ) www.cnbc.com time to read: +2 min

Microsoft will evaluate its employees' cybersecurity contributions in reviews that will factor into their compensation, Brad Smith, the company's vice chair and president, said ahead of a Thursday U.S. House committee hearing on the software maker's security practices. The changes represent part of Microsoft's efforts to address concerns about how much it's doing to protect its clients' data. For the current fiscal year, these high-ranking executives might see cybersecurity-related impacts reflected in their pay. "The Board also decided that for the current fiscal year, which ends on June 30, the Compensation Committee will consider explicitly each SLT member's cybersecurity performance when it makes its annual assessment of the executive's performance," Smith wrote. WATCH: Microsoft Security VP Vasu Jakkal talks cybersecurity with Jim Cramer

Persons: Brad Smith, Smith, Satya Nadella, Vasu Jakkal, Jim Cramer Organizations: Microsoft, U.S ., Department of Homeland Security, Homeland Security, cybersecurity, YouTube

☆ Belpoint's David Nelson talks Nvidia hitting another all time high
▼ + stars: | 2024-06-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBelpoint's David Nelson talks Nvidia hitting another all time highHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Belpoint's David Nelson, Brian Sullivan, “ Organizations: Nvidia, CNBC

☆ Warner Bros. has 'very tough situation' in the near-term, says media mogul Tom Rogers
▼ + stars: | 2024-06-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWarner Bros. has 'very tough situation' in the near-term, says media mogul Tom RogersHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Tom Rogers, Brian Sullivan, “ Organizations: Warner Bros, CNBC

☆ G7 nations poised to announce agreement on new loan for Ukraine as soon as Thursday, sources say
▼ + stars: | 2024-06-12 | by ( Kayla Tausche | ) edition.cnn.com time to read: +4 min

The loan is expected to be delivered by the end of 2024, which would ensure the money would get to Ukraine before a potential change in US presidents. “This loan will mostly be provided by the United States and will be supplemented by money from Europe,” an Élysée source told journalists at a briefing. “Countries are still discussing how to partition the cost if the profits from Russian assets are not sufficient to cover the need,” the French source added. G7 countries began brainstorming ways to identify longer-term sources of funding for Ukraine in late 2023, as lawmakers delayed in greenlighting the White House’s funding request. The World Bank estimates that Ukraine would need more than $500 billion to rebuild, a figure that climbs each day the war continues.

Persons: Joe Biden, Donald Trump, Trump, Vladimir Putin, Jake Sullivan, Biden, ” Sullivan, “, ”, Tim Adams, Marshall, Xiaofei Xu Organizations: Washington CNN —, US, Ukraine, Ukraine –, Atlantic, Treasury, State, National Security, Institute of International Finance, United, Marshall Plan, European, Bank Locations: Ukraine, Western, Europe, Russia, Brindisi, Italy, United States

☆ Treasury yields hold steady ahead of Fed decision, key inflation data
▼ + stars: | 2024-06-12 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

The 2-year Treasury yield was last at 4.8444% after rising by around one basis point. U.S. Treasury yields were little changed on Wednesday as investors awaited the latest Federal Reserve interest rate decision and policy guidance, and looked to key inflation data. Policymakers have frequently said that they would not cut interest rates until they are confident that inflation is sustainably toward this target. The Fed is expected to keep interest rates unchanged on Wednesday as its latest meeting concludes. But investors will be closely watching the central bank's guidance and the post-meeting press conference for fresh clues about what the path ahead for interest rates could look like.

Organizations: Treasury, Federal Reserve, Fed Locations: U.S

Where to watch USA vs. India in the USThe USA vs. India game will live stream on Wednesday at 10:30 a.m. Shop at FuboWhere to watch USA vs. India in the UKThe USA vs. India game will be shown on Sky Sports in the UK. Where to watch USA vs. India in AustraliaThe USA vs. India game will live stream through Prime Video in Australia. Where to watch USA vs. India in IndiaThe USA vs. India game will live stream for free through the Disney+ Hotstar mobile app in India. How to watch USA vs. India from anywhereThose who will be traveling away from home when the USA vs. India game takes place can keep up with their live subscriptions using a VPN.

Persons: Sling's Desi, Fubo, ExpressVPN Organizations: Business, national, teams, ICC, Nassau County International Cricket, USA, Canada, Pakistan, India, Ireland, Willow, Sky Sports, Disney Locations: United States, New York, India, Pakistan, USA, Ireland, Australia

☆ Apple jumps to a new high after AI unveil — plus, our latest thinking on 6 more portfolio stocks
▼ + stars: | 2024-06-11 | by ( Jeff Marks | ) www.cnbc.com time to read: +7 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. "Notice where Stanley Black & Decker is when you have a good day for the bonds," Jim Cramer pointed out. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, you'll, Stanley Black, Decker, Dupont, Ed Breen, Jim, Eli Lilly, Eli Lilly Alzheimer's, Banks, Wells, Michael Santomassimo, Santomassimo, Morgan Chittum, We've, Tom Jorden, Coterra, Jorden, Jerome Powell, Jim Cramer's Organizations: CNBC, Longtime, Apple, Treasury, Club, DuPont, GE Healthcare, Huntington, Investing Club, Coterra Energy, Broadcom, VMware, Jim Cramer's Charitable

☆ Elon Musk's pay package should pass by large margin, says former Ford CEO Mark Fields
▼ + stars: | 2024-06-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailElon Musk's pay package should pass by large margin, says former Ford CEO Mark FieldsHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Mark Fields, Brian Sullivan, “ Organizations: Elon, CNBC

☆ Shari Redstone ends talks with Skydance on Paramount deal, reports WSJ
▼ + stars: | 2024-06-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailShari Redstone ends talks with Skydance on Paramount deal, reports WSJHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Shari Redstone, Skydance, Brian Sullivan, “ Organizations: Paramount, CNBC

☆ The Points Guy Brian Kelly reveals his best and worst U.S. airlines
▼ + stars: | 2024-06-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Points Guy Brian Kelly reveals his best and worst U.S. airlinesHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Guy Brian Kelly, Brian Sullivan, “ Organizations: CNBC

☆ Here's what investors expect from the stock market after the Fed decision Wednesday
▼ + stars: | 2024-06-11 | by ( Sarah Min | ) www.cnbc.com time to read: +5 min

Broadly speaking, market observers expect that investors have already priced in how the Fed may proceed with interest rates. So long as this week's Fed meeting sticks to the consensus view, many observers expect stocks will breathe a sigh of relief. "This is one of the busiest of the days on Wednesday," said Art Hogan, chief market strategist at B.Riley Financial. Possibility for surprise Of course, the Fed meeting still has the potential to surprise investors. ET Wednesday while the Fed meeting wraps up at 2:00 p.m. and Powell's press conference starts a half hour later.

Persons: shrugging, Hogan, Dave Sekera, it's, Riley's Hogan, ChairJerome Powell, Powell, hasn't, Brian Nick, Nick, —, I'd, Jeff Klingelhofer, Klingelhofer, Joshua Roberts Organizations: Federal Reserve, B.Riley, Morningstar, Fed, Macro, Bureau of Labor Statistics, Nvidia, Thornburg Investment Management, Federal Locations: U.S, Washington ,

☆ Fed meeting and inflation report both hit Wednesday, and the impact could be huge
▼ + stars: | 2024-06-11 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

Jerome Powell, Chairman of the U.S. Federal Reserve, speaks during the conference celebrating the Centennial of the Division of Research and Statistics, Board of Governors of the Federal Reserve System in Washington D.C., United States on November 08, 2023. None of those numbers are dramatically different from the April readings, and still show inflation running well above the Fed's 2% target. Central bankers prefer the Commerce Department's measure of personal consumption expenditures prices, a broader measure that also accounts for changes in consumer behavior. The Bureau of Labor Statistics is scheduled to release the CPI report at 8:30 a.m. The Fed meeting

Persons: Jerome Powell, Celal Gunes, Jonathan Pingle, Pingle, tinker, Jack Janasiewicz, —, Janasiewicz Organizations: U.S . Federal Reserve, of Research, Statistics, Governors, Federal, System, Washington D.C, Getty, Anadolu, Federal Reserve, UBS, CPI, Investment, Labor Statistics Locations: Washington, United States, Anadolu

☆ Here's an undervalued stock that can benefit from new Alzheimer's drugs
▼ + stars: | 2024-06-11 | by ( Morgan Chittum | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Financials, Morgan Stanley, Wells, —, Jim, Eli Lilly, Biogen, Jim Cramer's, LLY, DOV Organizations: CNBC, Federal, GE Healthcare, FDA, GE, JPMorgan, Dover Locations: That's, Dover

☆ Raspberry Pi London IPO: Why investors are going gaga over a tiny, $35 computer
▼ + stars: | 2024-06-11 | by ( Anna Cooban | ) edition.cnn.com time to read: +3 min

London CNN —Investors are snapping up the shares of a British maker of tiny computers after it went public on the London Stock Exchange Tuesday. Raspberry Pi stock soared as much as 40% in early trade before paring those gains slightly by 11.54 a.m. The Cambridge-based company started life in 2012 as a commercial subsidiary of the Raspberry Pi Foundation, a charity founded four years earlier to promote computer science in schools. To date, Raspberry Pi has sold more than 60 million computers worldwide, according to its website. Raspberry Pi plans to invest the funds raised in developing its products and expanding its educational activities.

Persons: Pi, Eben Upton, “ It’s, ” Russ Mould, AJ Bell, haven’t, ” Organizations: London CNN —, London Stock Exchange, Pi, Pi Foundation, Industrial, University of Cambridge, Nasdaq, Cambridge University, Sony, SONY, CNN Locations: British, Cambridge, New York, London

☆ Oracle shares jump on Google and OpenAI deals despite earnings miss
▼ + stars: | 2024-06-11 | by ( Jordan Novet | ) www.cnbc.com time to read: +2 min

Larry Ellison, co-founder, chairman and chief technology officer of Oracle, speaks during the Oracle OpenWorld conference in San Francisco on Oct. 1, 2017. Oracle shares jumped as much as 9% in extended trading on Tuesday after the software maker announced cloud deals with Google and OpenAI, despite fourth-quarter results that fell short of Wall Street expectations. Organizations will be able to deploy workloads in Google and Oracle cloud data center regions without having to pay data-transfer charges, Oracle said. In an additional statement, Oracle said OpenAI has selected Oracle's cloud to provide additional computing capacity. During the quarter, Oracle said its database software would be available in five additional Azure data center regions, bringing the total to 15.

Persons: Larry Ellison, Oracle, OpenAI, Jim Lebenthal, Bill Baruch Organizations: Oracle, Google, Amazon Web Services, Microsoft Locations: San Francisco

☆ Treasury yield fall as Fed meeting kicks off
▼ + stars: | 2024-06-11 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

U.S. Treasury yields fell Tuesday as the Federal Reserve meeting is set to begin, with investors awaiting the central bank's monetary policy decision and key economic data. The June Federal Reserve meeting is set to begin Tuesday, before concluding with the central bank's latest interest rate decision and policy guidance on Wednesday. The Fed is widely expected to keep interest rates unchanged this month, with the first rate cut being priced in for later this year. Many investors will be hoping for the data to show that the economy is cooling, as this could suggest the Fed will cut interest rates sooner. Investors will therefore also be closely following economic projections released by the Fed on Wednesday alongside its interest rate decision.

Organizations: Treasury, U.S, Federal Reserve, Fed, Investors Locations: U.S

☆ Raising Cane's co-CEO AJ Kumaran on California's fast-food minimum wage hike
▼ + stars: | 2024-06-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRaising Cane's co-CEO AJ Kumaran on California's fast-food minimum wage hikeHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Cane's, AJ Kumaran, Brian Sullivan, “ Organizations: CNBC

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