Author: Daniel snow
Tuesday marks the first day of trading for the second half of 2025. It was a rocky six months for the U.S. stock market and the Club’s 30-name portfolio as investors weighed President Donald Trump’s tariffs, ongoing geopolitical conflict and the Federal Reserve’s next monetary policy decision. The market ebbed and flowed, but ultimately ended the first six months higher. The S & P 500 and the tech-heavy Nasdaq Composite both advanced 5.5%. Meanwhile, the Dow Jones Industrial Average rose 3.6%. Not all of our Club holdings closed out on a high note. Our five worst performers — Salesforce ,…
Vance’s posts about the reconciliation package reveal the true nature of Trump’s populism. Source link
Wall Street wants to hear about green shoots in demand and capacity tweaks for major U.S. airlines. Source link
Bay Area Rapid Transit (BART) passengers walk off a train at the Richmond station on March 15, 2023 in Richmond, California.Justin Sullivan | Getty ImagesCommuters in and around San Francisco rode into work for free on Tuesday morning due to an outage in the Clipper card system, which is used to handle payments for train, bus and ferry rides.”ATTENTION: The Clipper system is experiencing an outage on all operators this morning,” the Bay Area Clipper account wrote in a post on X. “Please be prepared to pay your fare with another form of payment if required by your transit agency.”Many…
How do I deal with an employee like this who hasn’t technically “done” anything actionable? How do I navigate feeling sorry for someone and hating them (both personally and professionally) at the same time? Source link
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 Tuesday’s key moments. 1. The stock market is slightly lower on the first day of the second half of the year. Despite heavy volatility in the first six months, the S & P 500 finished up about 5.5% due to an over 10% rally in the second quarter. “That first half [of 2025] was one of the most exciting first halves ever,” Jim Cramer said. “The fact that it made a U-turn and came back is true resilience but…
Software stocks look compelling as companies make it easier for consumers and businesses to take advantage of AI. Source link
Citadel CEO Ken Griffin speaks during the Semafor World Economy Summit 2025 at Conrad Washington on April 23, 2025 in Washington, DC. Kayla Bartkowski | Getty ImagesBillionaire investor Ken Griffin’s hedge funds at Citadel have all posted positive returns during a volatile 2025, led by the tactical trading fund. Citadel’s multistrategy Wellington fund, its largest, gained 2.5% during the first half of the year, according to a person familiar with the firm’s returns who asked to remain anonymous as the information is private. Citadel’s tactical trading fund, which combines equities and quantitative strategies, rose 6.1% during the same time, the person said.The…
Readers offer strong, sharply varied responses to Andrew Sullivan’s guest essay. Source link
The Senate passed President Donald Trump’s signature tax-and-spending legislation on a party-line vote that marks the largest overhaul to the tax code since 2017. Source link