It’s only been about a week since President-elect Trump officially tapped Elon Musk and Vivek Ramaswamy to lead a Department of Government Efficiency (DOGE) to trim the bloat from the federal government when he returns to the White House, and the entrepreneurs are wasting no time determining how to make…

Nvidia released its earnings report on Wednesday and projected that fourth-quarter sales were above Wall Street estimates, but investors balked as those figures fell short of the lofty expectations the artificial intelligence (AI) giant has garnered during its historic rise. Nvidia forecast fourth-quarter revenue of $37.5 billion, plus or minus 2%,…

A former top FTX executive charged with writing computer code for now imprisoned FTX founder and CEO Sam Bankman-Fried to help steal billions of dollars from cryptocurrency customers, was spared prison time by a Manhattan judge on Wednesday. U.S. District Judge Lewis Kaplan said during a hearing in federal court…

President-elect Trump on Wednesday announced the sale of a limited number of “45” guitars on his social media site. “Coming Soon! The Limited Edition ‘45’ Guitar. Only 1,300 of each Acoustic and Electric Guitars MADE — Some personally signed!” Trump wrote on Truth Social. The “American Eagle” series of guitars features…

The best three performing exchange-traded funds of 2024 have one thing in common: each is linked to AI super-stock Nvidia.  T-Rex 2X Long NVIDIA Daily Target ETF and GraniteShares 2x Long NVDA Daily ETF have advanced more than 400% each, while Direxion Daily NVDA Bull 2X Shares is up over 350%,…

One of the leading contenders to serve as President-elect Trump’s Treasury secretary said that diversity, equity and inclusion (DEI) and similar policies are a distraction for the Federal Reserve from its primary mission – promoting maximum employment and price stability. Kevin Warsh, a former member of the Federal Reserve’s Board of…

Elon Musk and fellow billionaire Vivek Ramaswamy are already looking at what parts of the government could be slashed as they team up to lead President-elect Donald Trump’s Department of Government Efficiency (DOGE). The Tesla CEO on Wednesday pointed to famed economist Milton Friedman’s opinion from decades ago about how…

During his “My Take,” Wednesday, “Varney & Co.” host Stuart Varney explained how Trump’s Cabinet picks are reflective of his mistrust in the government, arguing the president-elect has not forgiven or forgotten how the “deep state” treated him during his first term. STUART VARNEY: This is definitely not a normal…

Leading investment group Goldman Sachs is taking a page from President-elect Donald Trump’s first and best-selling book.  In a new report out Monday titled “2025 U.S. Equity Outlook: The Art of the Deal,” the Goldman authors reference the 1987 book by Trump as a “roadmap” for 2025 strategy recommendations.”‘The Art…

Target shares tumbled on Wednesday after the retailer severely missed Wall Street’s quarterly earnings estimates and cut its full-year profit guidance.  The retailer’s stock fell 19% during morning trading after it said it’s taking a more cautious stance for the most critical quarter in the retail industry after seeing weakness…