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Sen. Bill Cassidy (R-LA) speaks at the CNBC CEO Council Summit in Washington, DC on June 2, 2026.Aaron Clammage | CNBCLouisiana Republican Sen. Bill Cassidy signed a court brief calling President Donald Trump’s “anti-weaponization” fund a “grave threat” to Congress and constitutional order. The court brief by Mr. Cassidy and Sen. Cory Booker (D.N.J.) was filed Wednesday in a lawsuit challenging the fund that is pending in a Virginia court. Cassidy lost a runoff in Louisiana last month amid a pro-Trump primary, but Congress is considering amendments to the budget reconciliation bill that could eliminate the “legislative” fund entirely.Mr. Cassidy’s…

(LR) Google CEO Sundar Pichai speaks with Tesla and SpaceX CEO Elon Musk as they arrive to attend the swearing-in ceremony of Donald Trump as the 47th US President at the Capitol Rotunda in Washington, DC on January 20, 2025. Saul Loeb | AFP | Getty ImagesDays before a planned IPO that is expected to raise a record amount of cash, SpaceX has signed deals with: google Providing AI computing power to search giants generates $920 million in revenue per month.Google plans to spend about $110,000, according to a regulatory filing Friday. Nvidia SpaceX’s data centers house graphics processing units,…

Nearly 40 ships previously stranded in the Persian Gulf have left the Strait of Hormuz in the past three weeks in quiet coordination with the U.S. Navy, according to Lloyd’s List Intelligence.Lloyd’s List editor-in-chief Richard Mead said at a briefing on Thursday that some shipowners had submitted transit plans to Bahrain’s Naval Cooperation and Shipping Guidance Group. The premise, Meade said, is that the U.S. Navy provides limited assurance that it will deter looming threats to commercial shipping. “The decision to transit is made solely by the vessel operator,” Meade said. “Industry executives tell us there is no central coordination.”…

Nikesh Arora, CEO of Palo Alto Networks, attends the 9th VivaTech trade show at Exposition Porte de Versailles on June 11, 2025 in Paris. Chesnot | Getty ImagesAnthropic’s Mythos model has provided cybersecurity companies with a much-needed lifeline in the age of artificial intelligence.But this week’s cybersecurity earnings were a cruel reminder that even with tailwinds, good is never good enough as stocks rise. cloud strike and palo alto networks They lost 8% and 3% respectively.”People probably re-skied a little bit,” said Joseph Gallo, a software analyst at Jefferies. “Both have provided guidance for acceleration, but at the end of…

JoJo Siwa and Chris Hughes initially seemed to be dancing around their relationship, but no one could deny the coincidence of their romance. After getting close on Celebrity Big Brother and claiming for weeks that they were just friends, the Dance Moms alum and Love Island star finally admitted their relationship had developed into something more. “It’s not platonic anymore,” Jojo admitted in an interview with the Guardian on June 2. “It was a great development and a beautiful connection. I really respect him and he does the same.”In fact, Chris says he’s already thinking about his next steps.”I want…

Job seekers visit the Generali Global Assistance recruiting booth during the Mega Job News USA South Florida Job Fair at Amerant Bank Arena on April 30, 2026 in Sunrise, Florida.Joe Radle | Getty ImagesThe better-than-expected start to job creation this year could get a reality check Friday when the Bureau of Labor Statistics releases its May nonfarm payrolls report.Economists surveyed by Dow Jones expect the jobs report to add just 80,000 jobs for the month, one notch below the average of 150,000 over the past two months, including 115,000 in April. Additionally, some prominent voices on Wall Street believe the…

Marvell Technology Group Ltd. Headquarters, Santa Clara, California, September 6, 2024.David Paul Morris | Bloomberg | Getty Imagesmarvel technologyThe chipmaker, which makes a variety of components and products needed for the artificial intelligence infrastructure boom, joined the S&P 500 on June 22, becoming the latest semiconductor company to be added to the benchmark. flexThe electronics contract manufacturer will also be added to the index on June 22, according to a press release. Both companies will take turns pool coop and campbells company.Marvell stock rose 5% in extended trading. The chipmaker saw a surge earlier this week. Nvidia CEO Jensen Huang…

sarah michelle gellar Mourning her father figure. of buffy the vampire slayer The alum paid heartfelt tribute to her co-star. anthony head— known for playing Rupert Giles on the popular series — After the Daughters emily head and daisy head confirmed that he was dead He was 72 years old due to complications from pneumonia. “‘Tell Giles I get it and I’m okay,'” Geller began in a June 5 post. Instagram. “Well, I don’t understand that, so it’s not okay.” “But I know I’m the lucky one because I knew you,” the 49-year-old added alongside a few throwback photos. “Thank…

U.S. President Donald Trump’s nominee for Federal Housing Finance Agency (FHFA) Administrator William Pelt attends his confirmation hearing at the Senate Banking, Housing and Urban Affairs Committee on Thursday, February 27, 2025 in Washington, DC. Al Drago | Bloomberg | Getty ImagesPresident Donald Trump said Thursday that Acting Director of National Intelligence Bill Pulte will not be permanently appointed to the post.President Trump’s comments came two days after he named Pruitt, who heads the Federal Housing Finance Agency, as acting DNI. She will replace outgoing DNI Tulsi Gabbard.The move sparked criticism on Capitol Hill, with lawmakers criticizing his lack of…

CNBC’s Jim Cramer warned Friday that a combination of rising interest rates, rising oil prices and a flurry of new stock issuances could keep the market under pressure over the coming week.”What you’re seeing, on top of a market that’s hostage to interest rates and high oil prices, is a huge amount of new stocks coming through the pipeline that investors can’t buy unless they sell something else,” the “Mad Money” host said. All three major indexes ended lower after a better-than-expected jobs report pushed up U.S. bond yields and dampened hopes for short-term interest rate cuts. Investors were also…