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Jim Cramer ascribes market rally to Trump’s victory and pro-big business policies

CNBC’s Jim Cramer reviewed Wednesday’s market action, saying the session was shaped by traders who were relieved that the election was over and were getting ready for President-elect Donald Trump’s administration. “Let’s understand that many people thought we’d have a contested election, which would cause tremendous uncertainty,” he said. “The fact that we already know […]

Bitcoin surges to a record above $75,000 as Trump victory heralds wider crypto adoption and weaker regulation

Jakub Porzycki | Nurphoto | Getty Images Bitcoin rallied Wednesday, hitting an all-time high as former President Donald Trump defeated Vice President Kamala Harris to win the White House. The price of the flagship cryptocurrency was higher by 8% at about $75,400, according to Coin Metrics. Earlier, it rose to a fresh record of $75,507.06. […]

Berkshire Hathaway’s cash fortress tops $300 billion as Buffett sells more stock, freezes buybacks

Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 3, 2024. David A. Grogen | CNBC Berkshire Hathaway‘s monstrous cash pile topped $300 billion in the third quarter as Warren Buffett continued his stock-selling spree and held back from repurchasing shares. The Omaha-based conglomerate saw its […]

Cramer’s week ahead: The election, Fed decision and earnings from Super Micro, Arm, Qualcomm and CVS

CNBC’s Jim Cramer on Friday walked investors through next week’s market action, highlighting the Federal Reserve’s next meeting and earnings from Super Micro Computer. Despite the slew of earnings next week, Cramer said the presidential election will steal Wall Street’s attention. “Even with all these earnings reports coming next week, at the end of the […]