GME shares drop to session lows after annual meeting fails to offer details on firm’s strategy
From CNBC: 2024-06-17 14:10:17 GameStop shares dropped after annual meeting lacked updates on future plans. CEO Ryan Cohen focused on
Category: Finance
Warren Buffett Berkshire Hathaway trims stake in EV maker BYD to 6.9%
From CNBC: 2024-06-17 08:51:24 Warren Buffett’s Berkshire Hathaway continues to sell shares in China’s top electric vehicle maker BYD, recently
Starboard has Autodesk stake, weighs suit over probe disclosure
From CNBC: 2024-06-16 21:51:34 Activist fund Starboard Value, led by Jeffrey Smith, has acquired a significant stake in Autodesk. Concerns
Avoid concentration risk with this value play, ETF expert suggests
From CNBC: 2024-06-15 11:00:01 Investors concerned about concentration risk in the market should consider value-oriented investments. Avantis Investors’ Phil McInnis
CleverCards, a configurable payments startup, raises $8.6 million
From CNBC: 2024-06-14 00:00:01 CleverCards, a Dublin startup, raises $8.6M to prevent employee expense abuse. The digital platform allows companies
Roaring Kitty’s GameStop stake grows to 9 million shares
From CNBC: 2024-06-13 18:21:37 Keith Gill, also known as Roaring Kitty, increased his ownership in GameStop’s common stock to over
Fintech has hit a bottom after valuation plunge, execs and VCs say
From CNBC: 2024-06-13 01:51:45 The fintech industry has shifted to a new normal, with valuations corrected from unsustainable highs of
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
7 ways to pay off your mortgage faster
From Yahoo Finance: 2024-06-12 17:01:00 Paying off a mortgage early is a homeowner’s dream, but it usually takes decades. To
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