Trump backs Three Mile Island restart with $1 billion loan to Constellation
The cooling towers of the Three Mile Island nuclear power plant in Middletown, Pennsylvania, Oct. 30, 2024. Danielle DeVries | CNBC The Trump administration will provide Constellation Energy with a $1 billion loan to restart the Crane Clean Energy Center nuclear plant in Pennsylvania, Department of Energy officials said Tuesday. Continue Reading
How to use the tax-loss selling occurring now to pick up quality stocks on the cheap
It’s that time of year again: the annual tax-loss harvest. It’s happening across the brokerage firms right now, and it’s happening in size. Advisors are locking in losses to offset the big realized gains from earlier in the year, especially back in April when clients trimmed their winners and booked Continue Reading
America’s broken health system is an opportunity, says Cityblock CEO
For the first time in decades, people are having real conversations about health care, “from the ground up,” says Dr. Toyin Ajayi. That has her feeling optimistic. “We’re in a moment where health and health care — and what it means to be healthy — is the subject of a Continue Reading
Ignore Street’s ‘shameful’ double downgrade of Honeywell, Cramer says
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 S & P 500 is on pace for its fourth straight losing session as AI-related stock valuations continue to concern investors. It would Continue Reading
Stocks making the biggest moves midday: NET, KLAR, MSTR, ENR
Check out the companies making the biggest moves midday: Klarna — The buy now, pay later platform tumbled almost 7% after its first earnings report since its September IPO showed a third-quarter operating loss of $83 million versus operating profit a year ago of $13 million. Strategy — The crypto Continue Reading
Trump could pick these companies as national champions, Evercore says
U.S. economic policy has shifted toward state capitalism, with the Trump administration investing in publicly-traded companies in strategic industries, according to Evercore ISI. The White House has already taken equity stakes in MP Materials , Lithium Americas , Intel and Canada’s Trilogy Metals this year, a departure from past practice, Continue Reading
BXP chief says the office sector is overbuilt
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to Continue Reading