Monthly Archives: June 2024

(CNBC) Stock futures are near flat Tuesday night as investors geared up for private payroll data while analyzing the latest corporate earnings. Dow Jones Industrial Average futures advanced 49 points, or 0.1%. S&P 500 futures and Nasdaq 100 futures also each rose around 0.1%. In […]

(CNBC) Five years ago, GameStop champion Keith Gill revealed a $53,000 bet in his favorite video game retailer. This week, Gill’s net worth is over $289 million. The meme stock leader, who can move the stock by simply posting cryptic messages online, shared […]

(Hedgeweek) A fall in the main US stock market indexes last week which hit hedge funds’ long bets prompted managers to cut their exposure to domestic stocks, according to a report by Reuters citing a note by Morgan Stanley’s prime […]

(CNBC) Job openings fell more than forecast in April, signaling a potential weakening in the labor market that could provide the Federal Reserve with more impetus to start lowering interest rates. The Labor Department’s Job Openings and Labor Turnover Survey released Tuesday […]

(CNBC) Buyout firm Apollo Global Management will acquire a 49% equity interest in Intel’s manufacturing facility in Ireland for $11 billion, the companies said on Tuesday. Apollo will acquire the stake in the Fab 34 facility in Leixlip, Ireland, the U.S. chipmaker’s first high-volume […]

(CNBC) Tesla’s first-quarter earnings call in April, Musk said the electric vehicle company will increase the number of active H100s — Nvidia’s flagship artificial intelligence chip — from 35,000 to 85,000 by the end of this year. But emails written by Nvidia […]

(CNBC) Financial technology startup Nium Wednesday it raised $50 million in new funds from investors, and is targeting an initial public offering in the next 18 months. It places Nium’s valuation at $1.4 billion. That marks a 30% discount to […]

(CNBC) Stock futures were little changed on Monday evening as Wall Street looked to find its footing after an uneven start to the month. Futures for the Dow Jones Industrial Average were roughly flat. S&P 500 futures and Nasdaq 100 futures ticked up less than 0.1% […]

(CNBC) A technical issue on Monday caused the A-class shares of Warren Buffett’s Berkshire Hathaway to appear to be down nearly 100% on the New York Stock Exchange for most of the morning trading period. Trading was halted in those shares, as […]

(CNBC) The chief financial officer of conservative global news outlet The Epoch Times has been arrested and charged with leading a yearslong scheme to launder at least $67 million in illicit funds, federal prosecutors said Monday. The scheme — which involved cryptocurrency, tens of […]

(CNBC) E-Trade is having internal discussions about whether to ban Keith Gill — the meme stock trader who just disclosed a big position in GameStop — from the trading platform over concerns regarding potential market manipulation, The Wall Street Journal reported […]

(CNBC) Gill, whose handle is “DeepF——Value” on Reddit and “Roaring Kitty” on YouTube and X, posted another screenshot of his portfolio showing the same common stock and call option holdings Monday after the stock market closed as those he shared Sunday […]