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Clips From Today’s Halftime Report

Final Trades: D.R. Horton, Nvidia, Store Capital & more from CNBC. ...The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.
Tags: Finance, Uncategorized, Cnbc, Horton Nvidia Store Capital


Nikola maintained at 'sell' by CFRA amid supplier issues and potential 'legal risks'

Nikola CFRA analyst Garrett Nelson maintained shares of Nikola at "sell" and lowered his price target to $12 on Thursday. The analyst cited "supplier issues" with the Tre semi-truck and potential 'legal risks' from false statements in his reasoning. The company's 10-K confirmed several allegations made by Hindenburg Research in Sept. of last year. Visit the Business section of Insider for more stories. CFRA maintained shares of Nikola to a "sell" on Thursday and lowered the price target t...
Tags: Trends, Trevor, Biden, Cnbc, Kirkland Ellis, Wedbush, CFRA, Ives, Nikola, Hindenburg, Trevor Milton, NKLA, Dan Ives, Garrett Nelson, Hindenburg Research, Will Daniel


Nikola downgraded to 'sell' by CFRA amid supplier issues and potential 'legal risks'

Nikola CFRA analyst Garrett Nelson downgraded shares of Nikola to "sell" and lowered his price target to $12 on Thursday. The analyst cited "supplier issues" with the Tre semi-truck and potential 'legal risks' from false statements in his reasoning. The company's 10-K confirmed several allegations made by Hindenburg Research in Sept. of last year. Visit the Business section of Insider for more stories. CFRA downgraded shares of Nikola to a "sell" on Thursday and lowered the price target t...
Tags: Trends, Trevor, Biden, Cnbc, Kirkland Ellis, Wedbush, CFRA, Ives, Nikola, Hindenburg, Trevor Milton, NKLA, Dan Ives, Garrett Nelson, Hindenburg Research, Will Daniel


Stimulus Check Latest: Will Your Next Relief Payment Be $1,400?

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Tags: Business, Texas, Budget, News, Congress, Senate, West Virginia, Joe Biden, Maine, House, Treasury, Janet Yellen, Nancy Pelosi, Biden, Anthony Fauci, Agi


Third Stimulus Check: When Could You Get Another Economic Relief Payment?

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Tags: Business, New York, News, Congress, Senate, West Virginia, Joe Biden, Maine, House, Arizona, Treasury, Janet Yellen, Nancy Pelosi, Biden, Anthony Fauci, Agi


Hasbro is dropping the 'Mr.' from its Potato Head toys because 'culture has evolved,' and it's angering critics who say 'woke imbeciles are destroying the world'

Life-size versions of the toys formerly known as Mr. and Mrs. Potato Head. Rich Polk/Getty Images for Variety Hasbro announced it was dropping the "Mr." from its line of Potato Head toys. The decision stirred strong feelings online, with critics blaming the choice on "woke" activism.  But the rebranding is part of a broader modernization movement in the toy industry. Visit the Business section of Insider for more stories. America's favorite anthropomorphized spuds are getting a rebrand.Toy...
Tags: Toys, Colorado, Disney, America, Trends, Piers Morgan, Retail, Hasbro, Barbie, Fast Company, Dolls, Cnbc, Mattel, Ken, Ben Shapiro, MRS


BlackRock's bond chief Rick Rieder breaks down why he's not worried rising yields will hurt the stock market

Steve Marcus/Reuters BlackRock's Rick Rieder told CNBC he's not worried about stocks against the backdrop of rising yields. He anticipates a little uncertainty but said stocks will then "recalibrate." Sign up here for our daily newsletter, 10 Things Before the Opening Bell.The recent rise in bond yields has left some investors worried about what it means for the stock market, but Rick Rieder told CNBC he's not that worried. As the 10-year Treasury yield rose to its highest point in over a ...
Tags: US, Trends, CIO, Markets, Inflation, Treasury, Nasdaq, Cnbc, Blackrock, Rieder, Rick Rieder, Stock Market Outlook, Emily Graffeo, Steve Marcus Reuters BlackRock, Bond Yields, Interest Rates Rising


Third Stimulus Check: When Could You Get Another Economic Relief Payment?

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Tags: Business, New York, News, Congress, Senate, West Virginia, Joe Biden, Maine, House, Arizona, Treasury, Janet Yellen, Nancy Pelosi, Biden, Anthony Fauci, Agi


Experts say Dominion and Smartmatic could win their defamation lawsuits, but MyPillow CEO Mike Lindell says they have 'zero' shot

MyPillow CEO Mike Lindell, Sidney Powell, and Rudy Giuliani have all been sued by Dominion. Drew Angerer/Getty Images, Tom Williams/CQ-Roll Call, Inc via Getty Images, Joshua Roberts/Getty Images Drew Angerer/Getty Images, Tom Williams/CQ-Roll Call, Inc via Getty Images, Joshua Roberts/Getty Images Rudy Giuliani, Sidney Powell, Mike Lindell, and Fox News face lawsuits over election fraud claims. Dominion and Smartmatic may win their defamation lawsuits, experts have told Insider and CNBC. ...
Tags: Politics, Lawsuit, News, America, Trends, Harvard, Retail, Fox News, Getty, Biden, Giuliani, Rudy Giuliani, Cnbc, Trump, Misinformation, Election 2020


Stimulus Check Update: Why Your Next Relief Payment May Not Be $1,400

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Tags: Business, Budget, News, Congress, Senate, West Virginia, Joe Biden, Maine, House, Treasury, Janet Yellen, Nancy Pelosi, Biden, Anthony Fauci, Agi, Susan Collins


Disney and the NFL are reportedly sparring over a proposed TV deal that would cost the ABC and ESPN owner nearly $4 billion every year

In a photo provided by ESPN Images, the draft board is seen before the start of the NFL football draft, Thursday, April 23, 2020, in Bristol, Conn. (Allen Kee/ESPN Images via AP) Associated Press The NFL is asking networks to pay double the current rates to broadcast league games, CNBC reports. That proposed deal would cost Disney $3.8 billion annually to broadcast games on ABC and ESPN. Disney is pushing back on the 100% price increase, in part due to low TV viewership. Visit the Business...
Tags: TV, Media, Nbc, Entertainment, Abc, Disney, US, Sports, NFL, Trends, Cbs, Espn, Wall Street Journal, Cnbc, CBS NBC, ESPN Disney


Clips From Today’s Closing Bell

Most people are getting the benefit of the stocks that are working, says Josh Brown from CNBC. ...The post Clips From Today’s Closing Bell appeared first on The Reformed Broker.
Tags: Finance, Uncategorized, Cnbc, Josh Brown


Stimulus Check Update: Why Your Next Relief Payment May Not Be $1,400

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Tags: Business, Budget, News, Congress, Senate, West Virginia, Joe Biden, Maine, House, Treasury, Janet Yellen, Nancy Pelosi, Biden, Anthony Fauci, Agi, Susan Collins


Square CFO says 1 million users of its Cash App service bought bitcoin for the first time in January

Bitcoin's total market capitalization is approaching $1 trillion SOPA Images/Getty Images Square CFO Amrita Ahuja told CNBC Wednesday one million users bought bitcoin for the first time last month through Cash App. The executive's comment come a day after Square announced that it increased its bitcoin investment by $170 million.  Square's 8,027 bitcoins are valued at around $400 million based on Wednesday's price.  Sign up here for our daily newsletter, 10 Things Before the Opening Bel...
Tags: Trends, Markets, Bitcoin, Square, Jack Dorsey, Cnbc, Dorsey, Ahuja, Square app, Cash App, Amrita Ahuja, Isabelle Lee, Cryptocurrecny, Square bitcoin, Opening Bell Square, SOPA Images Getty Images Square


Workhorse extends 2-day slide to 57% after losing USPS contract to Oshkosh

Workhorse Truck Workhorse Workhorse stock extended its two-day slide to 57% on Wednesday after losing a coveted USPS contract to Oshkosh Defense. The electric vehicle maker was a front runner for the ten-year, multi-billion dollar USPS contract to modernize the delivery fleet. Oshkosh received $482 million in the first part of the deal and expects to assemble 50,000 to 165,000 vehicles over the contract period. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Workh...
Tags: Trends, US Postal Service, Usps, Postal Service, Cnbc, Jared Huffman, Bloomberg Intelligence, Oshkosh, BTIG, Oshkosh Defense, Workhorse, Will Daniel, Workhorse Truck Workhorse Workhorse, Opening Bell Workhorse, Christopher Ciolino, VT Hackney


150 business leaders, including Google's Sundar Pichai and longtime Trump ally Stephen Schwarzman, are backing Biden's $1.9 trillion stimulus bill in a letter to Congress

Blackstone CEO Stephen Schwarzman, President Joe Biden, Google CEO Sundar Pichai Jim Spellman/Getty Images, Saul Loeb/AFP via Getty Images, Justin Sullivan/Getty Images More than 150 execs from top US firms have said they support Biden's stimulus package, CNN reported. Blackstone CEO Stephen Schwarzman and Google CEO Sundar Pichai were among the execs who signed a letter to lawmakers. "Congress should act swiftly and on a bipartisan basis to authorize a stimulus and relief package," the ex...
Tags: Google, Politics, Congress, White House, US, Trends, Joe Biden, Cnn, Comcast, AT T, Treasury, Janet Yellen, Goldman Sachs, Biden, Donald Trump, Chamber of Commerce


Star investor Cathie Wood snapped up the 13% slump in Tesla shares as her $27 billion fund slid in the tech shakeout

CNBC Star stock-picker Cathie Wood bought the 13% slump in Tesla shares as her flagship fund slid on Tuesday.Three Ark Invest ETFs bought a total of 240,548 Tesla shares as its stock fell 13%, Bloomberg reported."We love the liquidity that this provides us, we think it's very healthy, a very healthy shakeout," Wood said.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Cathie Wood, founder and CEO of Ark Investment Management, bought the 13% dip in Tesla shares that ...
Tags: Spotify, Elon Musk, Trends, Tesla, Bloomberg, Wood, Cnbc, ARK Investment Management, Cathie Wood, Bloomberg Top, Shalini Nagarajan, Opening Bell Cathie Wood, CNBC Star, Palantir Tesla Roku Square Paypal Zillow


Jeff Blackburn, one of Jeff Bezos' top advisors, is leaving Amazon

Amazon SVP Jeff Blackburn (left) with actress Michelle Williams and Amazon CEO Jeff Bezos. Todd Williamson/Getty Images for Amazon Studio Amazon SVP Jeff Blackburn, one of CEO Jeff Bezos' top advisors, is leaving the company. Blackburn has been at Amazon for 22 years, and has led its Prime Video and Amazon Studio divisions. This comes the same year Amazon is losing consumer chief Jeff Wilke. Visit the Business section of Insider for more stories. One of Amazon's top executives has announce...
Tags: Amazon, Trends, Jeff Bezos, Blackburn, Cnbc, Jeff, Bezos, Amazon Studios, Andy Jassy, Michelle Williams, Wilke, Jeff Blackburn, Tech Insider, Jeff Wilke, Amazon Studio, Prime Studios


After suing Mike Lindell, Sidney Powell, and Rudy Giuliani, Dominion says it will go after others who spread claims of election fraud - and it's 'not ruling anyone out'

MyPillow CEO Mike Lindell, Sidney Powell, and Rudy Giuliani have all been sued by Dominion. Drew Angerer/Getty Images, Tom Williams/CQ-Roll Call, Inc via Getty Images, Joshua Roberts/Getty Images Dominion's defamation lawsuit against Mike Lindell is "definitely" not its last, its CEO told CNBC. Lindell, Sidney Powell, and Rudy Giuliani made baseless claims about Dominion's voting machines. Asked whether the company would sue Fox News, John Poulos said Dominion was "not ruling anyone out." ...
Tags: Politics, Elections, US, Trends, Joe Biden, Fox News, Giuliani, Donald Trump, The Washington Post, Rudy Giuliani, Cnbc, Trump, Sidney Powell, Lindell, Kohl, Powell


After suing Mike Lindell, Sidney Powell, and Rudy Giuliani, Dominion says it is going after others who spread claims of election fraud - and it's 'not ruling anyone out'

MyPillow CEO Mike Lindell, Sidney Powell, and Rudy Giuliani have all been sued by Dominion. Drew Angerer/Getty Images, Tom Williams/CQ-Roll Call, Inc via Getty Images, Joshua Roberts/Getty Images Dominion's defamation lawsuit against Mike Lindell is "definitely" not its last, its CEO told CNBC. Lindell, Sidney Powell, and Rudy Giuliani had claimed Dominion's voting machines helped "steal" the election. When asked if the company would sue Fox News, John Poulos said Dominion was "not ruling ...
Tags: Politics, Elections, Trends, Joe Biden, Fox News, Giuliani, Donald Trump, The Washington Post, Rudy Giuliani, Cnbc, Trump, Sidney Powell, Lindell, Kohl, Powell, Hugo Chavez


Agencies scramble for billions in ad dollars

Hi and welcome to this weekly edition of Insider Advertising, where we track the big stories in media and advertising.Remember you can sign up to get this newsletter daily here. This week: Ad billions in playMicrosoft, news savior?Trump's enablers Riccardo Savi/Getty Images for Concordia Summit Ad budgets up for grabs Billions in advertising will be up for grabs this year as brands that held back on changing their ad agencies last year restart the process, Lindsay Rittenhouse and Patr...
Tags: Apple, Google, Facebook, Media, Microsoft, Australia, Advertising, Disney, US, Trends, Unilever, Fox, Netflix, Prudential, National Enquirer, Philips


Clips From Today’s Halftime Report

Final Trades: Dish Network, Citigroup, JPMorgan & more from CNBC. ...The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.
Tags: Finance, Uncategorized, Cnbc, Citigroup JPMorgan


EVs and clean tech are bubbles that will deflate as economic recovery prompts rethinking of 'aspirational' sectors, says JPMorgan

Elon Musk talks to journalists at the construction site of the Tesla Giga-Factory in Grünheide near Berlin, Germany, September 3, 2020. Patrick Pleul/picture alliance via Getty Images Bubbles in EV and clean-tech technology portions of the market began forming when the COVID-19 pandemic was growing in early 2020, says JPMorgan  Investors are reassessing a "reset" agenda as economic recovery takes hold and bidding up oil and travel stocks.  Tesla shares continued to selloff during Tuesday's...
Tags: Elon Musk, US, Trends, Markets, Tesla, TSLA, Stocks, Janet Yellen, Bubbles, Equities, Cnbc, Yellen, Fed, Jpmorgan, Ev, Berlin Germany


Stimulus Check Latest: What’s The Timeline For Another Economic Relief Payment?

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Tags: Business, News, Congress, Senate, West Virginia, Joe Biden, Maine, House, Arizona, Treasury, Janet Yellen, Nancy Pelosi, Biden, Anthony Fauci, Agi, Susan Collins


Bitcoin is 'speculation of the highest order' and should be banned, says billionaire investor Rakesh Jhunjhunwala

Bitcoin. KTS Design/Science Photo Library/Getty Images Billionaire investor Rakesh Jhunjhunwala believes bitcoin should be banned.  "I think it's speculation of the highest order. I don't want to join every party in town. I think the hangover is much worse," he told CNBC on Tuesday. He also thinks Indian regulators should ban the token and focus on an Indian digital currency. Sign up here for our daily newsletter, 10 Things Before the Opening Bell Billionaire investor Rakesh Jhunjhunwala j...
Tags: India, Trends, Markets, Bitcoin, Janet Yellen, US Treasury, Warren Buffet, Cnbc, Cryptocurrency, Yellen, Rakesh Jhunjhunwala, Indian economy, Bitcoin Price, Jhunjhunwala, Isabelle Lee, Bitcoin Regulation


Bitcoin plunges as much as 17% as investors grow wary of record-breaking rally

Bitcoin has soared in 2021, but investors pulled back on Monday and Tuesday Dado Ruvic/Reuters The bitcoin price slumped to as low as $45,000 on Tuesday before recovering some ground.Other cryptocurrencies such as ether and XRP also plunged as cash fled the market.Investors have second-guessed the recent market rally, with tech stocks also tumbling.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.The bitcoin price briefly plunged as much as 17% on Tuesday to below $4...
Tags: Elon Musk, US, Trends, Tesla, Delta, Treasury, Janet Yellen, Nasdaq, Btc, Cnbc, Craig Erlam, OANDA, Harry Robertson, Binance, Dado Ruvic Reuters, Pankaj Balani


The current narrative explaining why tech stocks are getting hammered

This morning the tech-heavy Nasdaq Composite index is off 2.34% after falling yesterday. Shares of Tesla are off more than 6% today, now mired in a bear-market correction after reaching new all-time highs earlier this year. Apple stock is worth $122.02 per share, down from over its recent highs of more than $145. After a long period of time when it felt like tech stocks only went up, the recent correction is starting to feel material. There are other ways to measure the selloff. Bessemer’s cloud...
Tags: Apple, Fundings & Exits, Startups, US, Tech, Tesla, Treasury, Stock Market, Lol, Cnbc, Bessemer, Nyse, Exits, Barrons, Tesla Facebook, IPO environment


Bitcoin plunges 18% as investors grow wary of record-breaking rally

Dado Ruvic/Reuters Bitcoin slumped as much as 18%, to $45,000, on Tuesday before slightly paring losses.Other cryptocurrencies such as ether and XRP also plunged as cash fled the market.Investors have second-guessed the recent market rally, with tech stocks also tumbling.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Bitcoin plunged as much as 18%, to $45,000, on Tuesday before slightly paring some losses as sky-high cryptocurrency valuations unnerved investors.Th...
Tags: Elon Musk, US, Trends, Markets, Tesla, Delta, Treasury, Janet Yellen, Nasdaq, Cryptocurrencies, Btc, Cnbc, ETH, Craig Erlam, OANDA, Harry Robertson


Tesla's extends 2-day plunge to 17% as epic rally takes a breather

Elon Musk Getty Images / Bill Pugliano Tesla tumbled as much as 9% in early Tuesday trading, extending losses following a similarly sized plunge the session prior.The sell-off has dragged shares to their lowest since December and led CEO Elon Musk to relinquish his title as the world's richest person.Tesla's latest slump follows confusion over Model Y availability and risk from plummeting bitcoin prices.Watch Tesla trade live here.Investors continued to dump Tesla in early Tuesday trading, ...
Tags: Twitter, Elon Musk, China, Trends, Markets, Tesla, Bitcoin, TSLA, Cnbc, Musk, Wedbush, Ives, Model Y, Elon Musk Tweets, Tesla Stock, Dan Ives


Oatly, the vegan milk company backed by Oprah, confidentially files for IPO

Hollis Johnson/INSIDER Oatly AB has confidentially filed with US regulators for an initial public offering, according to a company statement, Tuesday.  The vegan milk company is backed by Oprah Winfrey and Jay-Z, among others. Oatly sales have spiked during the pandemic.  Sign up here for our daily newsletter, 10 Things Before the Opening Bell Oatly AB, the vegan milk company with backers including Oprah Winfrey and Jay-Z, has confidentially filed for an initial public offering with US re...
Tags: Jay Z, Ipo, US, Trends, Markets, Howard Schultz, Starbucks, Oprah Winfrey, Stock Market, Oprah, Stock, Cnbc, Securities And Exchange Commission, Malmo Sweden, Vegan Food, Non-dairy



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