Robotics startup cofounded by Synapse CEO raises funds with exaggerated GM claims
From CNBC: 2024-06-12 18:04:58 A humanoid robotics startup, Foundation Robotics Labs, claims ties and imminent investment from General Motors while
Category: Finance
GameStop tanks with huge volume in call options owned by Roaring Kitty
From CNBC: 2024-06-12 16:55:00 A sell-off in GameStop shares heightened as call options owned by Keith Gill, aka “Roaring Kitty,”
Federal interest rate sees no change
From CNBC: 2024-06-12 14:58:57 The Federal Reserve maintained its key interest rate and only expects one cut by year-end. This
Here’s the Fed’s new rate forecast that’s moving the markets
From CNBC: 2024-06-12 14:19:54 Federal Reserve Chair Powell announced no changes to interest rates, with only one rate cut projected
Roaring Kitty has some tough choices to make on his GameStop options
From CNBC: 2024-06-12 09:55:18 Keith Gill, known as Roaring Kitty & GameStop rally inspiration, faces dilemma with 5M GameStop shares
GameStop raises more than $2 billion by selling 75 million shares, capitalizing on meme frenzy
From CNBC: 2024-06-12 07:41:21 GameStop recently completed an at-the-market equity offering, raising $2.14 billion by selling 75 million shares. Shares
$1 billion in EV tax credits issued upfront to buyers, say Treasury, IRS
From CNBC: 2024-06-12 05:00:01 The federal government has issued over $1 billion in upfront cash incentives to buyers of electric
Affirm buy now, pay later loans coming later this year
From CNBC: 2024-06-11 10:07:22 Apple device users will soon have access to buy now, pay later loans from Affirm. The
Why high interest rates make it tough to tap home equity
From CNBC: 2024-06-10 16:10:39 Home equity in the U.S. is nearing all-time highs at over $17 trillion, with an average
GameStop shares slide 16% following Friday’s 40% sell-off
From CNBC: 2024-06-10 12:55:57 On Friday, Keith Gill, a Reddit user known for the GameStop rally, live-streamed at the NYSE.
The elements for a big stock market drop are aligning. Here’s why investors shouldn’t panic
From CNBC: 2024-06-10 12:52:55 Stock market crashes are rare events that occur when various elements align. Factors, such as a
The cost of buying famous TV and movie homes
From CNBC: 2024-06-09 09:00:01 Several iconic homes featured in popular TV shows and movies are up for sale, with prices
Apollo’s co-president said it is one of the few private equity firms OK with higher rates
From CNBC: 2024-06-07 10:58:22 Apollo Asset Management’s co-president Scott Kleinman correctly predicted no rate cuts in 2024, benefiting from his
Credit Suisse bondholders sue Switzerland over $17 billion AT1 wipeout
From CNBC: 2024-06-07 03:23:32 A group of Credit Suisse bondholders filed a lawsuit against the Swiss government, seeking compensation after
Chinese electric car company Nio to enter UAE Middle East this year
From CNBC: 2024-06-06 23:57:22 Chinese electric car company Nio launched its lower-cost brand Onvo in Shanghai. Nio plans to expand
China’s Alibaba woos European, U.S. small businesses as it goes global
From CNBC: 2024-06-06 19:00:01 Alibaba.com, the B2B platform of Chinese e-commerce giant Alibaba, is expanding globally with new services for
The low-end consumer ‘is really being stretched,’ says Five Below CEO
From CNBC: 2024-06-06 14:49:00 Inflation easing but still impacting consumers, according to Five Below CEO. Lower-income demographic feeling stretched. Soft
GameStop shares jump 40% as ‘Roaring Kitty’ schedules YouTube livestream for Friday
From CNBC: 2024-06-06 13:45:44 Shares of GameStop surged after Roaring Kitty, also known as Keith Gill, scheduled a livestream on
Salesforce to open new AI center in London in UK investment drive
From CNBC: 2024-06-06 03:00:36 Salesforce is opening an AI center in London to foster collaboration among tech firms, AI experts,
Corporate card unicorn Payhawk plans acquisitions to expand in US
From CNBC: 2024-06-06 02:05:01 Corporate payments startup Payhawk plans mergers and acquisitions to expand in the U.S. and compete with
Hanesbrands to sell Champion brand to Authentic Brands in $1.2 billion deal
From CNBC: 2024-06-05 09:50:12 Hanesbrands agrees to sell its global Champion business to Authentic Brands Group for $1.2 billion, with
Sternlicht defends gating Starwood REIT withdrawals, hopes it’s a ‘six-month thing’
From CNBC: 2024-06-05 09:46:35 Barry Sternlicht, chairman and CEO of Starwood Capital Group, defends decision to cap investor withdrawals due
Alphabet taps Eli Lilly’s Anat Ashkenazi as new CFO
From CNBC: 2024-06-05 08:46:47 Alphabet, Google’s parent company, announces Eli Lilly CFO Anat Ashkenazi as new chief financial officer effective
Ron Baron, big Tesla shareholder, supports Elon Musk’s $56 billion pay package
From NBC: 2024-06-05 07:39:41 Billionaire investor Ron Baron, a longtime Tesla bull and shareholder, publicly supported CEO Elon Musk’s controversial
Citadel, BlackRock back project to start national stock exchange in Texas
From CNBC: 2024-06-04 23:55:57 Investors including BlackRock and Citadel Securities are supporting a new national stock exchange in Texas, the