Author: Daniel snow

Jeff Bezos and Lauren Sanchez leave the Aman Hotel to go to dinner with guests ahead of their wedding, on June 26, 2025 in Venice, Italy. Stefano Mazzola | Gc Images | Getty ImagesThe rich and famous have descended on Venice, Italy this weekend to celebrate the wedding of billionaire Amazon founder Jeff Bezos and former broadcast journalist Lauren Sanchez in a show of all things money.The star-stunned event boasts a guestlist of some 200 celebrities and business elite, including President Donald Trump’s daughter Ivanka Trump and her husband Jared Kushner, Bill Gates, Oprah Winfrey, Leonardo DiCaprio, Usher and a…

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More options may soon be coming to the menu of investments you can choose in your 401(k) plan. And depending on who you ask, that may not be a good thing.Last month, the Labor Department rescinded Biden-era guidance that cautioned employers to take “extreme care” before making digital assets, such as cryptocurrencies, available in company plans.In and of itself, the crypto rollback is “not necessarily controversial,” Philip Chao, a certified financial planner and retirement plan investment consultant, recently told CNBC. “In reality, it’s saying we should treat crypto like any other asset.”But it may be a signal to companies that…

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Shortly after the opening bell, we will be selling 200 shares of Disney at roughly $121.90. Following the trade, Jim Cramer’s Charitable Trust will own 900 shares of DIS, decreasing its weighting to about 3% from 3.75%. We’re scaling back our large Disney position following the stock’s strong rebound above $120 a share and its outperformance this year. Shares are up about 9% in 2025, roughly doubling the S & P 500’s return of about 4.5%. The gains haven’t been easy here. CEO Bob Iger’s turnaround plan required a lot of patience, and he’s done a great job restoring the…

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My top 10 things to watch Friday, June 27 1. Has Nike reached the bottom? Last night’s earnings report was the most bullish CEO Elliott Hill has been since taking over in October. Inventories are winding down, so now they can play offense. Shares jumped more than 10% this morning. 2. The S & P 500 is on track to open in the range of a new intraday all-time high. A few trade headlines are helping sentiment, including Commerce Secretary Howard Lutnick saying the U.S.-China deal framework reached last month in Geneva has been finalized. Meanwhile, the Fed’s preferred inflation…

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