White House says U.S. officials will travel into Gaza
NBC News· 2025-07-31 19:35
Special Envoy Whitco and Ambassador Huckabe will be traveling into Gaza to inspect the current distribution sites and secure a plan to deliver more food and meet with local Gazins to hear firsthand about this dire situation on the ground. The special envoy and the ambassador will brief the president immediately after their visit to approve a final plan for food and aid distribution into the region. And we will provide more details for all of you once that plan is approved and agreed on by the president of t ...
Report reveals Hulk Hogan died of a heart attack and had a history of leukemia
NBC News· 2025-07-31 19:34
Well, we now know what caused the death of wrestling legend Hulk Hogan. According to a report from the local medical examiner's office, the WWE superstar died of a heart attack. He passed away one week ago today.We also learned the 71-year-old had a history of heart disease and leukemia, which is a type of cancer that affects white blood cells. ...
JPMorgan CEO Jamie Dimon says he believes in stablecoins and blockchain: CNBC Crypto World
CNBC Television· 2025-07-31 19:32
Today, Bitcoin ticks higher a day after the Fed decided to keep rates unchanged once again. JP Morgan CEO JB Diamond says he's a fan of stable coins. And Ryan Egan with the Crypto Council for Innovation weighs in on the new White House crypto report.Welcome to CNBC's Crypto World. I'm Talia Kaplan. Digital currencies mixed a day after the Fed decided to keep rates unchanged once again.Bitcoin initially slid following the decision yesterday afternoon, but by noon Eastern today, it had crossed back above $118 ...
Arm CEO Discusses 'Conscious Decision' to Invest Heavily
Bloomberg Technology· 2025-07-31 19:31
There's actually like a lot of granular questions about what you're spending on whether it's a kind of shift to offer more in the air domain beyond the core CPU. Could you just explain a little bit of where that's based. Yeah.Happy to. And good morning. And thanks for. Thanks for having me this morning.So a few things that are going on with our business. We just came off our first quarter. We're in our first fiscal year.We've never actually in the first quarter ever had $1,000,000,000 in revenue. That was a ...
What We Know about the NYC shooter
NBC News· 2025-07-31 19:30
Tom, you've been covering this horrific murder and the followup. So, tell me about the suspect. What do we know about him.Well, the individual uh Shane Tamura comes from Las Vegas, Nevada, and apparently drove himself across the country. Seen in New Jersey yesterday on I80, presumably moving eastbound uh towards New York City. By the way, big question among law enforcement is whether or not traffic yesterday delayed him from getting into the city.Could this have been so much worse if he was able to get to t ...
Approaching Another Trump Trade Deadline | Balance of Power: Early Edition 7/31/2025
Bloomberg Television· 2025-07-31 19:22
>> LIVE FROM WASHINGTON, D. C. , THIS IS "BALANCE OF POWER" WITH JOE MATHIEU AND KAILEY LEINZ.JOE: DEADLINE DATE IS UPON US. WELCOME TO THE THURSDAY EDITION OF "BALANCE OF POWER" AS WE COUNTDOWN TO RECIPROCAL TARIFFS THREATENED BY THE TRUMP ADMINISTRATION SET TO TAKE EFFECT AT MIDNIGHT. I'M JOE MATHIEU ALONGSIDE KAILEY LEINZ.THANKS FOR BEING WITH US ON BLOOMBERG TV AND RADIO. AS WE COUNTDOWN TO MIDNIGHT TAKING EFFECT, WE GET MORE DEALS OR IT IS ALL WE HAVE AS THE PRESIDENT MAKES IF YOU POSTS ABOUT CANADA AN ...
Trump Gives Mexico 90-Day Reprieve from Tariffs
Bloomberg Television· 2025-07-31 19:18
Creighton, how do you talk through the next 90 days. What's at stake for Mexico in particular, and how are they expected to negotiate to get to the next ground. Yeah, well, this was the same old pattern, right.Shane Boehm gets on the phone with Trump and and gets gets an extension and there's lots of goodwill. You know, the question is, can this momentum carry over into something real. There are a lot of indications that that that can happen.President Sheinbaum having her press conference as we speak, where ...
India Vows to Protect National Interests Despite Trump’s Tariff Threats | WSJ News
WSJ News· 2025-07-31 19:14
The government attaches the utmost importance to protecting and promoting the welfare of our farmers, workers, entrepreneurs, exporters, MSMES and all sections of industry. We will take all necessary steps to secure and advance our national interest. >> Do you expect something to happen before the deadline.>> Well, I don't I don't know what's going to happen. You know, it'll be up to India. India came to the table early.They've been slow rolling things. So I think that the president the whole trade team's a ...
Tom Lee: Current investor caution suggests market isn't frothy
CNBC Television· 2025-07-31 19:10
Market Sentiment & Economic Indicators - A new ETF, Granny Shots ETF, rapidly accumulated $2 billion in assets in less than a year [1] - Despite some enthusiasm, the general sentiment among Funstrat's clients (10,000 RAIA clients and over 400 hedge funds) is cautious, aligning with the $7 trillion of cash on the sidelines, suggesting a mid-cycle rather than a market top [4][5] - The ISM manufacturing index has remained above 50 for 29 months, the longest stretch in history, indicating businesses have been cautious [3] US Economic Performance & Global Comparison - US earnings growth since 2019 has surpassed all other countries, with India being the second closest but almost 20 percentage points behind [7] - 21 of the top 25 most profitable companies globally are US companies, justifying the large market capitalization of companies like Microsoft and Meta [8] - The US economy's strength is driven by technology, spearheaded by AI and digital assets, along with financial innovation [8] Market Valuation & Dominance - Meta and Microsoft's combined market capitalization equals that of the entire Tokyo Stock Exchange, reflecting the dominance of US companies [6]
Figma IPO portends more IPOs but speaks to speculative market fervor: Craig Moffett
CNBC Television· 2025-07-31 19:10
IPO Market & Speculative Fervor - The IPO portends more companies going public, indicating market receptiveness [2][3] - The IPO also highlights speculative fervor in the market, raising concerns about sustainability and health [3] - The IPO's success may indicate mispricing by bankers or high demand for technology stocks, with the stock tripling its IPO price [4] Growth Story & AI Impact - Everyone is eager for a growth story, exemplified by excitement around OpenAI [6] - Microsoft's cloud benefits from hypergrowth startups like OpenAI, impacting big tech earnings [7] Stock Performance & Valuation - The stock was halted at $112.77 per share, significantly above its IPO price of $33 per share [12] - At $112.77 per share, Dylan Field's 61.32 million shares are worth $6.9 billion [12][13] Market Comparison & Concerns - The situation is reminiscent of the Coreweave IPO [5] - There are concerns that focus on a small number of growth stories (like AI) is leaving most of the market behind, creating a problematic setup [15]