Author: News Room

With its latest earnings report, AI darling NVIDIA Corporation (NASDAQ:) announced a ten-for-one stock split.  The split, which will be distributed at the close on June 7th, will give shareholders ten shares in exchange for each one share they own as of the June 6th record date.  The stock will start trading split-adjusted at market open on Monday, June 10th. The split raises the very real possibility that NVIDIA will be added to the (DJIA), with chip-laggard Intel Corporation (NASDAQ:) seen as the company it will likely replace. The Dow is a price a price-weighted index, meaning stocks with higher…

On online forums that have previously been linked to mass shootings, people are threatening violence and attempting to publicly identify the 12 New York jurors who on Thursday decided to convict former President Donald Trump. The calls for retribution began immediately after the verdict was announced. “Hope these jurors face some street justice,” one anonymous user on a pro-Trump forum wrote. Another suggestively asked, “Wouldn’t [it] be interesting if just one person from Trump’s legal team anonymously leaked the names of the jurors?” Anonymity is supposed to add a layer of protection for jurors doing their civic duty. Once reserved only for…

Top trending meme tokens Trump (MAGA), Turbo (TURBO), and the Bitcoin-based DOG-TO-THE-MOON (DOG) display robust bullishness, surging up to 30% within the past day. The altcoin defied the minor losses witnessed by large-cap digital assets. For instance, Bitcoin and Ethereum dropped 1.80% and 0.81% on their daily price charts. Moreover, the technical outlook suggests further upsides for MAGA, Turbo, and DOG. Trump token leads market recovery MAGA has seen wild fluctuations as the digital assets industry witnessed volatility. The themed altcoin plummeted by 35% on 30 May as the jury found former U.S. President Donald Trump guilty of faking business…

Many companies are pivoting to a new form of hiring that emphasizes applicants’ skills over more traditional metrics, such as education or years of experience, according to recent reports and data.The share of U.S. online job postings that list a specific requirement for employment tenure has fallen by 10 percentage points, to 30%, in the two years through April 2024, according to data from job site Indeed.Additionally, most job ads, or 52%, don’t have a formal education requirement, up from 48% in 2019, Indeed found. The data from Indeed says that mentions of college degrees have fallen in 87% of…

Former President Donald Trump said he was going to hold a “press conference” on Friday in the wake of his Thursday conviction in Manhattan on felony charges of falsifying business records. Instead, Trump delivered a rambling monologue that was filled with false claims on subjects ranging from the Manhattan trial to immigration to tax policy. Here is a fact check of some of the inaccurate or unsubstantiated claims related to his trial. Crime in New York City Trump repeated his familiar claim that, while Manhattan prosecutors have been focusing on him, New York City has been experiencing record-high violent crime.…

Looking for Thursday’s Wordle hints, clues and answer? You can find them here: I was writing my Strands guide earlier and it made me think of the upcoming cinematic adaptation of Wicked, which has this fantastic trailer I want to share with everyone in case you haven’t seen it: If you haven’t yet, do read the novel by Gregory Maguire. The entire series is fantastic, but the first book is incredible. I’ve seen the (off) Broadway musical and while I enjoyed it a great deal, it doesn’t capture everything from the books, which are darker and more cynical. Another recommendation…

When you give stock to loved ones at below the price you bought it, can they sell it and claim a tax loss? What about other tax considerations for gifts of assets? Bruce Bell, an attorney at the Chicago office of Schoenberg Finkel Beederman Bell Glazer, provides some guidance. Larry Light: Let’s say I am contemplating giving to my daughter stock or other property that has decreased in value below my purchase price. Is my daughter entitled to a tax loss if she sells the property? Bruce Bell: The unrealized loss existing at the time of the gift cannot be…

In a post Thursday evening on X, venture capitalist Shaun Maguire revealed his support for Trump, noting “the timing isn’t a coincidence” as he announced a $300,000 donation to the presumptive Republican candidate.”Bluntly, that’s part of why I’m supporting him,” Maguire, a partner at Sequoia Capital, wrote on X about a potential conviction. “I believe our justice system is being weaponized against him.”He wasn’t the only prominent business leader who seemed fired up.Tech investor David Sacks, who was reportedly in talks to hold a Trump campaign fundraiser at his San Francisco home, denounced the guilty verdict on X.”A sham trial…

Bill Ackman is aiming to take Pershing Square public as soon as next year, the WSJ reports.Ackman aims to secure funding by first selling a stake in his firm, the Journal reported.It would be an unusual move for a hedge fund. Billionaire Bill Ackman is planning to take his investment firm Pershing Square public, according to a new report in The Wall Street Journal.But first, Ackman intends to drum up some funding by selling a stake in his firm to investors in a deal that’s expected to close very soon, people familiar with the matter told the WSJ. This story…

By Diego Oré MEXICO CITY (Reuters) – When Claudia Sheinbaum – the frontrunner to become Mexico’s next president – was just six years old, her parents were active participants in protests during one of the darkest periods of the country’s modern history. It was 1968, the Institutional Revolutionary Party had governed Mexico with an iron fist for decades and the country was swept by large demonstrations pressing for democratic change. In one horrific incident, as many as 400 students at a protest were killed by soldiers and paramilitary forces. The tragedy only galvanized her parents and Sheinbaum grew up in…