Howard Lutnick, a wealthy Wall Street executive chosen by President Trump to lead the Department of Commerce, revealed financial holdings of at least $800 million, with over $350 million in income in the past two years. He plans to divest from firms generating his wealth, but potential conflicts of interest may arise due to his extensive business network. Lutnick, set to oversee Trump’s trade plans, has ties to China and a vast real estate portfolio, with a confirmation hearing scheduled for Wednesday.
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Is CoreWeave Stock a Buy Now?
Investing in the current stock market is challenging due to the volatile macroeconomic environment influenced by fluctuating tariff policies from the Trump administration. However, the artificial intelligence sector presents a promising investment opportunity as companies strive to enhance their AI capabilities, with stocks like CoreWeave (NASDAQ: CRWV) demonstrating significant potential; after going public at $40 per share in March, its stock peaked at $166.63 in June, remaining over three times its IPO price. Investors are...
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