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Former U.S. President and Republican presidential candidate Donald Trump looks on during his campaign event, in Racine, Wisconsin, U.S. June 18, 2024. In 2020, before Biden took office, the SEC accused Ripple and its founders of violating securities laws by acting as unregistered brokers of digital currency tokens, which the SEC regulates as securities. In 2023, the SEC filed a similar complaint against Coinbase, the largest U.S. crypto exchange platform. Trump has seized on this frustration in recent months, recasting himself from a crypto skeptic into a crypto supporter. Some in the crypto industry who are siding with Trump are going farther than just complaining about Gensler.
Persons: Donald Trump, David Sacks, Trump, Stuart Alderoty, Gary Gensler, Alderoty, Paul Grewal, Biden, Coinbase, Christopher Giancarlo, Heath Tarbert Organizations: U.S, Republican, CNBC, Securities and Exchange Commission, SEC, Trump, , Futures, Commission Locations: Racine , Wisconsin, U.S, San Francisco, Washington
Republican presidential candidate, former U.S. President Donald Trump speaks at a campaign rally at the Liacouras Center on June 22, 2024 in Philadelphia, Pennsylvania. The Supreme Court is poised Monday morning to release the final opinions of its term — including a ruling on whether former President Donald Trump is immune from criminal prosecution on federal election interference charges. The decision by the high court, whose six-seat conservative majority includes three members nominated by Trump, will determine the fate of the high-stakes criminal case brought by special counsel Jack Smith. Trump is charged in a four-count indictment with illegally conspiring to overturn his loss to President Joe Biden in the 2020 presidential election. The case in Washington, D.C., federal court has been on pause while Trump argues that he is immune from prosecution for any official acts he performed while he was president.
Persons: Donald Trump, Trump, Jack Smith, Joe Biden Organizations: Liacouras Center, Washington , D.C Locations: Philadelphia , Pennsylvania, Washington ,
With Monday’s Supreme Court presidential immunity ruling likely preventing a trial in the federal election subversion case before the election, Trump is poised to avoid pre-election trials in the three most significant criminal prosecutions he faces. It will determine Trump’s legal fate. A Supreme Court ruling that hamstrings the DC federal subversion caseThe charges by special counsel Jack Smith alleging Trump subverted the 2020 election was the second to last of the four cases brought. “You can’t charge a former president for a crime for the first time in history without going to Supreme Court,” Cobb said. But the new Supreme Court immunity standard jeopardizes the use of much of that conduct in the case.
Persons: Donald Trump, Trump, won’t, , Ty Cobb, , ” Cobb, pardoning, Fani Willis, Paul Rosenzweig, Bill Clinton, Jamie Raskin, ” Raskin, Jack Smith, Tanya Chutkan’s, Smith, Smith’s, Cobb, John Roberts, Rosenzweig, Aileen Cannon, Cannon, She’s, she’s, she’d, Willis, Nathan Wade, it’s, Wade, Nathan Wade's, Kaitlan Collins, Fulton, Scott McAfee, Michael Moore, Moore, Barack Obama, ” Moore, CNN’s Lauren Fox, Zachary Cohen Organizations: CNN, Republican White House, Trump, Fulton, Department of Homeland Security, Maryland Democrat, DC, DC Circuit, White, Justice Department Locations: Manhattan, Russia, Georgia, Florida, , Fulton County
The United States is producing less than 1% of the wind power it wants to generate by 2030. And as Eric Hines, the director of Tufts University's offshore wind energy graduate program, puts it, "We're going to need somewhere on the order of five of these installation vessels in just a few years." The Biden administration wants the U.S. to generate 30,000 megawatts from wind power within the next five and a half years. As of last year, that figure stood at just 42 megawatts, putting the nation far behind Europe — which added 18,300 megawatts of new wind energy capacity in 2023 alone, according to WindEurope. ("There are no known links between large whale deaths and ongoing offshore wind activities," the National Oceanic and Atmospheric Administration has said.)
Persons: it's, Eric Hines, Biden, Donald Trump Organizations: White, Tufts, Republican, Oceanic, Atmospheric Administration, Dominion Energy Locations: States, U.S, New Jersey, Brownsville , Texas
Democrat candidate, U.S. President Joe Biden, and Republican candidate, former U.S. President Donald Trump, attend a presidential debate in Atlanta, Georgia, U.S., June 27, 2024. "Yes, it was a bad performance," South Carolina's Democratic Rep. Jim Clyburn, a close Biden ally, said on CNN's "State of the Union." Biden and Trump are scheduled for a second debate on Sept. 10, though it is unclear whether both candidates will follow through. In the meantime, the Biden campaign has been raking in large fundraising hauls in the wake of the debate. As of Sunday morning, the campaign had raised $33 million since Thursday, $26 million of which came from grassroots donors, according to Biden campaign spokesperson Kevin Munoz.
Persons: Joe Biden, Donald Trump, cringing, Jim Clyburn, Biden, Trump, Clyburn, Barack Obama, Bill Clinton, Hakeem Jeffries, Sen, Chris Coons, Raphael Warnock, Nancy Pelosi, we've, David, Kevin Munoz, Munoz Organizations: Republican, Sunday, Carolina's Democratic, South, South Carolina Democrat, Biden, ., Democratic, CBS, Voters, Trump, Convention, NBC News Locations: Atlanta , Georgia, U.S, South Carolina, East Hampton, N.Y
What exactly are "Black jobs" — and are they really at risk from the recent surge of immigrants? "They're taking Black jobs, and they're taking Hispanic jobs, and you haven't seen it yet, but you're going to see something that's going to be the worst in our history." It's true that Black workers have historically been overrepresented in certain sectors like government and home health care. When it comes to pay, inflation-adjusted weekly earnings for Black workers reached a two-decade high of $314 under Trump. But amid persistent inflation and a cooling job market, Black workers' average weekly earnings declined in the most recent quarter to $293.
Persons: Donald Trump, Joe Biden, Derrick Johnson, Johnson, Trump, , Clinton, Keisha Lance Bottoms, Cherron Perry, Thomas, Biden, haven't, Seth Anderson Organizations: Republican, NAACP, NBC, Black, Americans, Biden, Trump, U.S, Former Atlanta, NBC News, Labor Statistics, Economic Policy Institute Locations: Atlanta , Georgia, U.S, U.S ., Pennsylvania
Republican presidential candidate former U.S. President Donald Trump and Democratic Party presidential candidate U.S. President Joe Biden speak during a presidential debate in Atlanta, Georgia, U.S., June 27, 2024 in a combination photo. The future of Social Security and Medicare may be greatly impacted by whoever occupies the White House following the November election. When asked during Thursday night's presidential debate who is the biggest risk to those programs, President Joe Biden and former President Donald Trump pointed to each other. Biden said Trump wants to "get rid of" Social Security and cut Medicare. Social Security provides monthly income to more than 72 million beneficiaries, including retired and disabled workers and families.
Persons: Donald Trump, Joe Biden, Biden, Trump Organizations: Democratic Party, U.S, Social Security, Social, Alliance for Lifetime, AARP, Biden Locations: Atlanta , Georgia, U.S
President Biden and Republican presidential candidate, former U.S. President Donald Trump are facing off in the first presidential debate of the 2024 campaign. The New York Times editorial board on Friday urged President Joe Biden to exit the presidential election contest against Donald Trump, citing the Democrat's poor debate performance the night before. "The president appeared on Thursday night as the shadow of a great public servant," the Times editorial said. ''It should be remembered that Mr. Biden challenged Mr. Trump to this verbal duel,'' the editorial said. The Times editorial board for decades has been the leading liberal newspaper editorial voice in the United States.
Persons: Joe Biden, Biden, Donald Trump, Trump, Mr, Hillary Clinton Organizations: CNN, CNN Studios, Republican, New York Times, Times, Democratic, Trump, White Locations: Atlanta , Georgia, United States
CNN —CNN Opinion asked political contributors to weigh in on the first presidential debate of the 2024 race. On the other hand, President Joe Biden did not meet expectations and may have increased concerns about his age and ability to lead for another four years. Debates are always more about style than substance, and President Joe Biden’s style was simply awful. Did President Joe Biden come off as a leader or a loser? And yes, the visuals in this first presidential debate of the cycle were phenomenally important.
Persons: Ana Marie Cox, Joe Biden’s, Donald Trump, Biden, Ana Marie Cox Faith Fonseca, Trump, mumbling, I’m, Shermichael Singleton, Joe Biden, Paul Begala, ” “, ” Paul Begala, meandered, , Republicans — Biden, Bill Clinton’s, Clinton, Jeff Yang, Jeff Yang CNN, — Biden, Joe, Bruce, , , ” Patrick T, Brown, Biden’s, Dobbs, Roe, Wade, Patrick T, CNN’s Dana Bash, David Mark, there’s, Kamala Harris, Harris, Nikki Haley, ” Geoff Duncan, Geoff Duncan Alex Slitz, Geoff Duncan, Peter Bergen, Abu Bakr al, General Qassem Soleimani, It’s, ” Susanne Ramirez de Arellano, Susanne Ramirez de Arellano Frank Moya, Biden “, ” Trump, Susanne Ramirez de Arellano, Roxanne Jones, Democrats — Biden, Nobody, Jones, Lanhee J, Chen, Chen Lanhee J . Chen, David, Diane Steffy, Romney, Ryan Organizations: CNN, Democratic Party, Biden, Trump, , Global, Democrats, ” Paul Begala CNN, Republicans, Democratic, sonics, Public Policy Center, Economic, Republican, South Carolina Gov, Democratic National Convention, Washington, Peter Bergen CNN, US Border Patrol, ISIS, Islamic, Guards, Force, Walmart, New America, Capitol, New, Arizona State University, Social Security, Medicare, UCLA, Politics Initiative, America, Tonight, Univision Puerto Rico, ESPN, New York Daily News, Philadelphia Inquirer, Public Policy, Hoover Institution Locations: Texas, Austin, America, Asian America, Washington , DC, bravura State, Canada, Abu, Uzbek, Manhattan, El Paso , Texas, New America, United States
Yet 16 Nobel Prize-winning economists are warning that Trump’s proposals wouldn’t just fail to fix inflation — they would make matters worse. “We the undersigned are deeply concerned about the risks of a second Trump administration for the US economy,” the economists wrote in the Tuesday letter, which was first reported by Axios. The letter, organized by famed economist Joseph Stiglitz, argued there are valid reasons to worry the Trump agenda will “reignite” inflation. Republican presidential candidate former President Donald Trump speaks at the Road to Majority conference in Washington, Saturday, June 22, 2024. Jae C. Hong/Pool/APIn the letter, the 16 Nobel economists expressed concern about the rule of law and stability if Trump wins the White House again.
Persons: Donald Trump, Trump, Axios, Joseph Stiglitz, Trump’s, Manuel Balce Ceneta, Joe Biden, , Stiglitz, , Biden, Jae C, “ Donald Trump, Robert Shiller, Paul Romer, George Akerlof, Janet Yellen, Biden’s, Joe, Donald Trump’s, ” Karoline Leavitt, don’t, Harry Enten, Moody’s Organizations: CNN, Peterson Institute, Oxford Economics, Allianz, Republican, AP Trump, Congressional, Federal Reserve, Trump, World Bank, Biden, ABC, Voters Locations: Washington, China, U.S, Mexico, Nogales, Ariz
Former U.S. President and Republican presidential candidate Donald Trump gestures during a campaign event in Philadelphia, Pennsylvania, U.S., June 22, 2024. Former President Donald Trump could announce his vice presidential pick as early as this week, possibly ahead of Thursday's debate, according to four people familiar with the situation. That gives him a limited window in which to introduce his running mate to the public. Trump's official spokespeople have regularly tamped down speculation about the timing of an announcement and the identity of Trump's running mate, and they did so again Tuesday. He ignored a follow-up question about whether he has talked with Trump about the VP job this week.
Persons: Donald Trump, Trump, Joe Biden, Stormy Daniels, Doug Burgum, Doug Burgum , Ohio Sen, JD Vance, Florida Sen, Marco Rubio, Rubio, Vance, Burgum, Biden, Brian Hughes, Donald J Organizations: U.S, Republican, Trump, Republican National Convention, Milwaukee ., NBC, North Dakota Gov, CNN Locations: Philadelphia , Pennsylvania, U.S, Atlanta, Virginia, Milwaukee, New York, Doug Burgum , Ohio, Florida
Even as the court is sometimes finding wider-than-expected majorities for relatively limited outcomes, the nine justices are regularly in conflict over the meaning of decisions. A number of lower-profile cases have also sparked deep doctrinal divisions, even when the final vote count is lopsided. “It does seem, at least anecdotally, unusual to have this many separate opinions in cases with relatively lower stakes,” said Steve Vladeck, CNN Supreme Court analyst and professor at the University of Texas School of Law. The Supreme Court earlier this month tossed out an appeal from anti-abortion doctors challenging expanded access to the abortion pill mifepristone. Among them, Justice Sonia Sotomayor slammed the court’s majority opinion for its reliance on history to decide the trademark dispute.
Persons: , Steve Vladeck, , dinged, councilwoman, Brett Kavanaugh, ” Kavanaugh, Donald Trump, Jack Smith’s, yank Trump, Trump, Amy Coney Barrett, Samuel Alito, Kavanaugh, ” Barrett, Aziz Huq, Huq, Moore, John Roberts ’, hasn't, Neil Gorsuch chimed, Justice Ketanji Brown Jackson, ” Alito, Clarence Thomas, Alito, it’s, Sylvia Gonzalez, Florida GOP Sen, Marco Rubio, Sonia Sotomayor Organizations: CNN, University of Texas School of Law, Trump, Capitol, University of Chicago, New York, Police, Florida GOP, Republican Locations: Moore, Texas, Trump, concurrences
A judge on Tuesday loosened a gag order on Donald J. Trump in his Manhattan criminal case, allowing the former president to criticize witnesses who took the stand against him as well as others involved in the trial that led to his conviction. The judge, Juan M. Merchan, who presided over Mr. Trump’s seven-week trial this spring, ruled that Mr. Trump is now free to complain about the prosecution’s witnesses, including his former fixer, Michael D. Cohen. Once Mr. Trump is sentenced on July 11, the judge ruled, he can publicly assail others who are currently covered by the gag order, including prosecutors and their relatives. Mr. Trump, the presumptive Republican presidential nominee, is still subject to a different order prohibiting him from releasing the identities of jurors, or publicly attacking them by name. But under Justice Merchan’s ruling, Mr. Trump can now complain broadly about the jury that convicted him.
Persons: Donald J, Trump, Juan M, Merchan, Trump’s, Michael D, Cohen, Merchan’s Organizations: Mr
Shares of Trump Media shot up as much as 11% as markets opened Tuesday, clawing back more of the Truth Social maker's losses that followed former President Donald Trump's criminal conviction in New York. The upward swing movement shows the makings of a third straight day of gains for Trump Media, which trades as DJT on the Nasdaq. The stock soared 21% on Monday, boosting by hundreds of millions of dollars the company's market capitalization — and the on-paper net worth of Trump, who owns nearly a 65% stake in Trump Media. The presumptive Republican presidential nominee cannot sell any of his shares until late September, when a post-merger lock-up period expires. The stock price declined 46% between that May 30 verdict and the end of last week.
Persons: clawing, Donald Trump's, Trump Organizations: Trump Media, Nasdaq Locations: New York, Manhattan
Kate Bedingfield served as White House communications director in the Biden administration and was the deputy campaign manager on Biden’s 2020 presidential campaign. That contentious exchange during the 2020 debate put Biden on the defensive. A President Trump might make their decisions about retirement that much easier. David Urban, a CNN political commentator, served as an adviser to then-President Trump’s 2020 re-election campaign. On Thursday, President Biden needs to do it again.
Persons: isn’t, Joe Biden’s, Donald Trump’s, , Stephanie Griffith, Scott Jennings, Trump, Donald Trump, Joe Biden, Biden, counterpunched Biden, CNN Trump masterfully, ” Scott Jennings Trump, mightily, George W, Bush, Sen, Mitch McConnell, Sophia A, Nelson Stephanie Honikel, Chris Wallace, Wallace, Trump’s, it’s, Nelson, It’s, Kate Bedingfield, Donald Trump Kate Bedingfield, Shermichael Singleton, Bill Clinton’s, James Carville, , Democratic Barack Obama, they're, aren’t, “ It’s, David Axelrod, people’s, ” Biden, jibing Trump, , Barack Obama, Obama, David Urban, Amy Coney Barrett, Amy Coney Barrett's, Roe, Wade, Ronald Reagan, Bill Clinton, Reagan, Clinton, ” David Urban, Dobbs, Lady Jill Biden, Samuel Alito, Clarence Thomas, Bakari Sellers, Abraham Lincoln, chokeholds, Emmett Till, HBCUs ? Biden, Hilary Krieger Organizations: CNN, White, Biden, Scott Jennings CNN, Trump, Democratic, Republican, RunSwitch Public Relations, Capitol, GOP, Republican Government Reform, White House, NBC, Marist, Fox News, Global, Senate, United, Appeals, Federalist Society, American, United State Supreme Court, National Guard, South Carolina House of, Strom Law, CNN Opinion’s Locations: Cleveland , Ohio, Nashville , Tennessee, New York, Louisville , Kentucky, Charlottesville , Virginia, , White, Charlottesville, Michigan, Scranton, Claymont, America, United States, Pennsylvania, HBCUs
Shares of Trump Media soared more than 20% on Monday morning, as the firm majority-owned by former President Donald Trump sought to bounce back from a weekslong plunge that cut the stock price nearly in half. Trump Media, which trades as DJT on the Nasdaq, was trading around $33 a share on much higher than average volume as of 10:50 a.m. Shares of Trump Media sunk even lower last week, after its registration of additional shares was declared effective by the Securities and Exchange Commission. Trump posts almost exclusively on Truth Social, the microblogging social media platform that is Trump Media's sole product to date. But Trump in early June joined the social media behemoth TikTok, whose traffic dwarfs that of Truth Social.
Persons: Donald Trump, Trump, TikTok Organizations: Trump Media, Nasdaq, Truth, Securities and Exchange Commission, Trump Locations: Warsaw, Poland, York
Still, conversations about a possible drift toward Donald Trump, though, are evident in the several Jewish elected Democratic leaders who grimaced and ducked when asked by CNN to discuss their sense of Jewish support for Biden. Talking with Jewish voters in Michigan, “I’ve had a couple of people say point blank, ‘How could any Jew vote for a Democrat?’” said Troy Zukowski, the West Michigan chair of the Michigan Jewish Democrats. The president does have some key Jewish voices of support in important places. Trump’s support among Jewish voters in 2020, at 30% according to Associated Press exit polls, was the highest for a Republican presidential candidate in decades. The expected central theme of that effort, according to one of the people involved, will be: As a Jewish American, do you feel safer than you did four years ago?
Persons: Joe Biden’s, , Biden, Joe ”, Kamala Harris, Doug Emhoff, Donald Trump, grimaced, megadonor Haim Saban, “ I’ve, ’ ”, Troy Zukowski, “ I’m, I’m, Alejandro Mayorkas, Neera Tanden, Jon, John Kirby, Kirby, Joe Biden, , Josh Shapiro, , Shapiro, Pharaoh, Hitler, Kim Jong, Benjamin Netanyahu’s, Emhoff, Ben Stiller, chitchatting, Alex Edelman’s, Israel, sickening ”, Trump, Morgan Ortagus, Haile Sofer, Jake Sullivan, Netanyahu, Lee Zeldin, ” Zeldin, Rashida, Harris, Biden “, ” Emhoff, who’s, antisemites, Andrew Weinstein, it’s, “ He’s, I’ve, Joe Organizations: Washington CNN, CNN, Jewish, Democratic, White, Biden, Democrat, Michigan Jewish Democrats, Trump, Homeland, National Security, Justice, NSC, Pennsylvania, American, Israel, Nova Music, Wing, House, Jewish voters Trump, State Department, Jewish Democratic Council of America, Associated Press, Republican, United Arab Emirates, Capitol, GOP, Democratic Party, Biden ’, Republican Jewish Coalition, Naval Observatory Locations: Israel, Pennsylvania , Michigan, Georgia, Wisconsin, Arizona, Michigan, West Michigan, Palestine, president’s State, Jerusalem, Gaza, Lower, Manhattan, Brooklyn, America, Charlottesville , Virginia, Germany, Washington, Bahrain, New York, Detroit, American, Charlottesville, , Florida
Read previewWhen Rudy Giuliani filed for bankruptcy late last year, it gave him some room to breathe. They all flowed into a federal bankruptcy court, where creditors could negotiate for whatever funds the aging former New York City mayor had left. But if the judge were to agree with the creditors and appoint a Chapter 11 bankruptcy trustee, Giuliani would lose control of his own financial life. AdvertisementA bankruptcy trustee would control all of Giuliani's assets and would be able to sell his two homes unimpeded. Giuliani's creditors have formed a supergroup to try to dig into his finances.
Persons: , Rudy Giuliani, Sean H, Lane, Giuliani, hasn't, mismanaging, Eric Snyder, Wilk Auslander, They've, Ruby Freeman, Shaye Moss, Noelle Dunphy, Akin Gump, Freeman, Moss, Joe Biden, didn't, TrustPoint, Smartmatic, Jacquelyn Martin, Donald Trump, Snyder, Maria Ryan, Rudy Giuliani's, Ryan couldn't, Matt Rourke Giuliani, John Catsimatidis, Biden, Barrett Prettyman, Shane Moss, Drew Angerer, isn't Organizations: Service, Systems, Business, New, New York City, Department, Dominion, Giuliani, Trump's Saving America, Rudy's, Towers Foundation, Giuliani Communications, Republican, Trump, AP, WABC, America's, Washington , DC Locations: New York, New York City, Florida, Georgia, Smartmatic, WASHINGTON, DC, Washington ,, Fulton County, Fulton, Arizona
Former President Donald Trump on Saturday gave a brief glimpse of the ammunition he is loading up against President Joe Biden's handling of the economy ahead of the first presidential debate next week. On inflation specifically, Trump foreshadowed a tactic he said he might use at the upcoming debate against Biden on June 27. Maybe I should save it for the debate," Trump said moments before taking out a miniature box of Tic Tac candies and holding a regular sized box next to it. But I will end the Biden inflation nightmare." But something like Trump's Tic Tac stunt will not be permitted at the Thursday debate where props and pre-written notes are prohibited.
Persons: Donald Trump, Joe Biden's, Trump, Biden, gesturing, Harris, Sarafina Chitika Organizations: U.S, Republican, Saturday, Freedom Coalition, Biden, Federal Reserve, Social, Social Security Locations: Racine , Wisconsin, U.S
What's next: Media Matters filed a motion to dismiss Musk's lawsuit in March, but a judge has yet to rule. VCG/GettyGovernment lawsuits and investigationsSEC investigation into Musk's Twitter takeoverThe issues: The Securities and Exchange Commission is investigating Elon Musk's Twitter purchase. Matt Winkelmeyer/Getty ImagesPersonal lawsuits against MuskTornetta v. MuskThe issues: Tesla shareholder Richard Tornetta sued Musk and Tesla in a class action lawsuit regarding Musk's compensation package, which was worth $55.8 billion at the time. Several lawsuits also allege Musk discriminated against them because of their race, gender, or disability in choosing to fire them. The executives were set to receive golden parachutes, but claim Musk and X have not paid them out.
Persons: , Elon Musk, Musk, Claire Boucher, Grimes, Alex Spiro, Sam Altman, Donald Trump, Spiro, Anna Webber, Angelo Carusone, What's, Gina Carano, Schaerr Jaffe, Tesla, Musk's, Elon, SEC hasn't, Elon Musk's, who've, Owen Diaz, Matt Winkelmeyer, Richard Tornetta, Kimbal Musk, He's, Boucher, Benjamin Brody, Brody, Brody reverberated, Ben Brody, didn't, Robert Kaiden, Kaiden, he's, Agrawal, Parag Agrawal, Ned Segal, Twitter Vijaya Gadde, Sean Edgett, Segal, hadn't Organizations: Service, SpaceX, Business, OpenAI, SEC, Trump, Trump —, Elon, Variety, Media, X Corp, Disney, National Labor Relations Board, UAW, Tesla, Getty Government, Twitter, Securities, Exchange Commission, Justice Department, Reuters, Traffic, Administration, NHTSA, Apple, NLRB, Musk's SpaceX, US, Employment Opportunity, Musk, Nazi, Litigation Locations: Texas, Texas and Missouri, America, Nazi Germany, California, Delaware, San Francisco
CNBC Daily Open: S&P 500 briefly crosses 5,500, closes lower
  + stars: | 2024-06-21 | by ( Abid Ali | ) www.cnbc.com   time to read: +3 min
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. S&P 500 slips from record highThe S&P 500 briefly passed the 5,500 mark for the first time before ending the session lower. Open AI challengerAnthropic, a leading AI competitor to OpenAI, unveiled Claude 3.5 Sonnet, its most advanced AI model to date. [PRO] AI real estateCiti analysts pinpoint a "compelling emerging" real estate trend fueled by AI and nearshoring.
Persons: Gilead, Anthropic, Claude, Donald Trump's, Trump, Masato Kanda Organizations: New York Stock Exchange, CNBC, Nasdaq, Nvidia, Dow Jones, Gilead Sciences, Google, Trump Media, New, Nikkei, Bank of, Reuters, United, CSI, Citi Locations: New York City, U.S, New York, Japan, United States, Asia, Pacific
In this article DJT Follow your favorite stocks CREATE FREE ACCOUNTPavlo Gonchar | Lightrocket | Getty ImagesStock Chart Icon Stock chart icon Trump Media & Technology Group Corp. Stock PriceTrump Media's stock price has whipsawed since its public debut as retail investors and short sellers bought and sold the company tied to the controversial presumptive Republican presidential nominee. But the trend over the last three weeks has been consistently negative: The stock has now lost more than half its value since May 30, when a New York jury convicted Trump on 34 felony counts of falsifying business records.
Persons: Pavlo Gonchar, Stock Price, Trump Organizations: Lightrocket, Getty, Trump Media & Technology Group Corp, Stock, Stock Price Trump, New Locations: New York
Donald Trump’s potential vice president picks
  + stars: | 2024-06-21 | by ( Kaanita Iyer | ) edition.cnn.com   time to read: +15 min
CNN —Former President Donald Trump has been busy in recent weeks. Doug Burgum speaks during a campaign event with former President Donald Trump, in Laconia, New Hampshire, in January. Vance, shakes hands with former President Donald Trump during a rally hosted by the former president at the Delaware County Fairgrounds in Delaware, Ohio. He is also close with Donald Trump Jr.Vance, a former venture capitalist, veteran and author, is among the candidates who received vice-presidential vetting materials from the Trump campaign. Rep. Byron Donalds speaks before former President Donald Trump at the “People's Convention” of Turning Point Action on June 15, 2024, in Detroit.
Persons: Donald Trump, Trump, Doug Burgum, Al Drago, Burgum, Burgum —, , CNN’s Kaitlan Collins, , ” Burgum, , Sen, Marco Rubio, Joe Raedle, Florida Sen, Marco Rubio —, Rubio, Joe Biden, Vance, Drew Angerer, Vance Ohio Sen, J.D, Donald Trump Jr, Mike Pence’s, Tim Scott, Justin Sullivan, Tim Scott Trump, Scott, Nikki Haley, Elise Stefanik, Chip Somodevilla, Stefanik, Stefanik —, she’s, Ben Carson, Anna Moneymaker, Carson —, — didn’t, ” Carson, Carson, ” Trump, Byron Donalds, Carlos Osorio, Ron DeSantis, Donalds, Jim Crow, ” Donalds, ” “, Tasos Katopodis, Biden, Haley, ” Haley, didn’t, Tom Cotton, Andrew Harnik, Tom Cotton Arkansas Sen, Cotton, Tulsi Gabbard, Brendan Smialowski, wokeness, ” Gabbard, Gabbard, CNN’s Veronica Stracqualursi, David Wright, Shania Shelton, Kristen Holmes, Steve Contorno, Stephen Collinson, Avery Lotz, Manu Raju, Alayna Treene, Kate Sullivan, Aaron Pellish, Jeff Zeleny, Eva McKend, Gregory Krieg, Kylie Atwood, Arit John, Ebony Davis, Clare Foran, Ali Zaslav, Ted Barrett Organizations: CNN, Republican National Convention, North Dakota Gov, Bloomberg, Getty, Doug Burgum North Dakota Gov, Microsoft, Trump, Miami - Dade Country Fair, Delaware County Fairgrounds, Capitol, Fox News, Greenville Convention Center, South, Republican, Senate, South Carolina Gov, Grace Baptist Church, Ben Carson Former Housing, Urban, Department of Housing, Florida Gov, Trump ”, Democratic, Press, GOP, United Nations, UN, National Security Council, House, Senate Republican, NBC, Conservative Political, Conference, Tulsi, Former Hawaii Rep, Democratic National Committee, Democrat, New York Times, Defense Department, State Department Locations: New York, Laconia , New Hampshire, Miami, Florida, Delaware, Delaware , Ohio, Congress, Ukraine, Greenville, Greenville , South Carolina, South Carolina, Grappone, Concord , New Hampshire, Marion , Iowa, Detroit, Byron Donalds Florida, Trump, West Des Moines , Iowa, Washington , DC, Afghanistan, Iraq, National Harbor , Maryland, AFP, American
Trump Media shares sink 12% as DJT slide accelerates
  + stars: | 2024-06-20 | by ( Kevin Breuninger | ) www.cnbc.com   time to read: +2 min
A sell-off of Trump Media picked up speed Thursday, with shares of former President Donald Trump's company falling as much as 15% shortly after the opening bell. The company behind the conservative social media app Truth Social, which trades on the Nasdaq as DJT, was hovering around $27 per share at the market's open. That price is more than 40% lower than it stood at the start of June, when Trump Media stock cost just over $49 a share. The slide represents a massive on-paper loss for Trump, the majority owner of Trump Media. After the bell, Trump Media revealed that the SEC had declared its registration statement effective.
Persons: Donald Trump, Donald Trump's Organizations: Trump Media, Nasdaq, Trump, New, Securities, Exchange, SEC Locations: Washington ,, New York
Trump is angry at Good, the chair of the hard-line House Freedom Caucus, because he initially endorsed Florida Gov. But he authored his own demise by getting crosswise with two key forces in the riotous Republican House majority — the ex-president and McCarthy, whose still potent financial machine is on a revenge tour. While he was estranged from Trump, Good campaigned as though he and the former president were on the same side. This is a time to rally behind President Trump,” Good said. We’re all behind President Trump.
Persons: CNN —, Donald Trump’s, Bob Good –, Trump, Sen, John McGuire, Ron DeSantis, Kevin McCarthy, McGuire, , , Good, he’d, McCarthy, James Madison, James Monroe –, he’s, Bob Good, Virginia, ” Trump, that’s, Mitch McConnell, “ Trump, , Mark Meadows, CNN’s Manu Raju, DeSantis, Joe Biden, Trump’s GOP McGuire, ” McGuire, Trump’s, “ I’m, trifecta Organizations: CNN, Republican Party, GOP, Congressional, Caucus, Florida Gov, California Republican, Republican, Capitol, Senate, Freedom Caucus, Trump’s GOP, Trump, “ CNN, Navy Locations: Virginia’s, Virginia, California, New York, Washington, Lynchburg, Iowa, Trump’s, Lago
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