Breaking News
Stocks wrap winning Monday, Nasdaq has best day since June
U.S. stocks rose across the board Monday following Biden's decision to drop out of the 2024 race for the White House.
All three of the major market averages ended the session higher as the Nasdaq Composite registered its best day since June with help from Nvidia. Reports surfaced that the AI chipmaker is working on a new chip dedicated to China.
Nasdaq Composite Index.
$
18007.56776
Additionally, it will be a busy week of corporate earnings with reports from Tesla Tuesday as well as GM, Ford and Google parent Alphabet later in the week.
We’ll hear from 134 companies in the S&P 500, or more than one-quarter of the benchmark index, including seven members of the Dow.
Developing Story
CrowdStrike shares crushed
The global IT outage continues to pummel CrowdStrike investors with shares down over 11% on Monday.
Crowdstrike Holdings Inc.
$
266.99
Delta Airlines is just one business still reeling from the outage which began late Thursday evening wreaking havoc on travelers over the weekend and through Monday.
Developing Story
Could Biden step down before his term ends?
President Biden will not run for re-election in the 2024 race for the White House but he will serve out his term.
Still, some people are wondering if he'll be able to? Here is Steve Forbes' view on that potential scenario.
Democrats and the economy
With Biden officially out of the 2024 race and VP Kamala Harris firmly in, a debate is brewing between progressives and more centrist liberals over the party's economic platform.
VP Kamala Harris will replace Biden
Following his decision to not run for re-election, President Biden threw his support behind his VP Kamala Harris.
She is now preparing for her own 2024 race and will take on former President Donald Trump and his VP pick, JD Vance.
Developing Story
The 2024 race for the White House
Following President Biden's announcement that he will not seek re-election, the Democratic party is in limbo creating even more chaos and uncertainty for the 2024 election.
Follow LIVE UPDATES HERE on the race for the White House.
President Biden pens letter to American people
President Biden announced he won't seek re-election on Sunday after tremendous pressure by the Democratic party and the American public after his debate performance against former President Trump showed his mental challenges.
Read his full letter:
Developing Story
Business leaders speak out after Biden drops out
America's top corporate leaders are speaking out after President Biden announced Sunday that he will suspend his 2024 re-election campaign after intense pressure from within the Democratic Party following the disastrous debate performance last month.
Business leaders also reacted swiftly following the assassination attempt on former President Trump.
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