recep-bg | E+ | Getty Images Spring typically represents a new beginning, a fresh start and a bright outlook for the future. This also indicates that the time is approaching for hundreds of thousands of high school seniors to decide on what college they will be attending. As a wealth advisor and parent of one
Month: February 2021
Mentions of GameStop increased on Reddit days before shares of the video-game retailer took off again, according to Justin Zhen, co-founder of Thinknum, a tech firm that compiles alternative data sets for investors. “In the last 24 hours, we saw the number of occurrences of mentions for GameStop spike. It actually started spiking about four
Nuclear energy will “absolutely” be politically palatable, billionaire philanthropist, technologist and climate change evangelist Bill Gates recently told Andrew Ross Sorkin on CNBC’s “Squawk Box.” Nuclear power has to overcome a baneful reputation garnered by association with the atomic bomb and radioactive disasters, but it’s a necessary, worthy and surmountable challenge to correct the naysayers,
A staff member displays a burger with a Beyond Meat plant-based patty at VeggieWorld fair in Beijing, China November 8, 2019. Jason Lee | Reuters Check out the companies making headlines after the bell on Thursday: Beyond Meat – Beyond Meat shares rose as much as 14.7% in volatile trading on news that the plant-based
Beyond Meat “Beyond Burger” patties made from plant-based substitutes for meat products sit on a shelf for sale in New York City. Angela Weiss | AFP | Getty Images Beyond Meat on Thursday announced that it has struck deals with fast-food giants McDonald’s and Yum Brands, sending shares up 7% in extended trading. The company
Workers assemble a Boeing 787 Dreamliner airplane at the Boeing Everett Factory in Everett, Washington. Patrick T. Fallon | Bloomberg | Getty Images The Federal Aviation Administration on Thursday said it fined Boeing $5.4 million after the manufacturer failed to meet the terms of a 2015 settlement and another $1.21 million to settle two other
Despite widespread job losses and financial uncertainty, Americans are faring well by most measures during the coronavirus pandemic. Federal relief, such as stimulus checks, expanded unemployment benefits and an extended pause in loan repayments, have even given some a boost. Consumers are paying down debt and saving more than they have in decades. Many are
Avishek Das | LightRocket | Getty Images Robinhood is recovering from weeks of customer backlash, and a public grilling by Congress over the GameStop controversy. Despite that, the trading app’s user growth, brand recognition and valuation appear to be stronger than ever. Demand for Robinhood shares in private markets is surging. The start-up likely benefitted
martin-dm | E+ | Getty Images The amount of money raised by special purpose acquisition companies in the past year has soared. SPACs are an alternative way for companies to go public that differs from a traditional initial public offering in its process, speed, disclosure and regulatory requirements. Key participants involved in SPACs include SPAC sponsors
Take a look at some of the biggest movers in the premarket: GameStop (GME) – GameStop remains on watch after another Reddit-fueled surge Wednesday in the video game retailer’s shares, as well as other so-called “Reddit stocks” like BlackBerry (BB), AMC Entertainment (AMC) and Koss Corp. (KOSS). GameStop surged 55.8% premarket, while AMC rose 12.9%,
A Moderna (COVID-19) vaccine is seen at the LA Mission homeless shelter on Skid Row, in Los Angeles, California, U.S., February 10, 2021. Lucy Nicholson | Reuters Moderna said Thursday it expects to make $18.4 billion in sales from its Covid-19 vaccine this year. In releasing its fourth-quarter earnings, Moderna also said its chief medical
Customers wait outside of a Best Buy store in downtown Toronto, Ontario on November 23, 2020 to pick up their online orders. Geoff Robbins | AFP | Getty Images Best Buy‘s fourth-quarter earnings outpaced Wall Street’s expectations Thursday, but fell short on revenue as its sales growth slowed compared with earlier months of the pandemic.
Kathy Kraninger, former president Donald Trump’s appointee to head the Consumer Financial Protection Bureau. Andrew Harrer/Bloomberg via Getty Images “Big deal” Both are a type of qualified mortgage, a category that carries legal protections for lenders from consumer lawsuits. That may happen, for example, if borrowers can’t make monthly payments and lose their homes to
A GameStop store is pictured in New York, January 29, 2021. Carlo AllegriI | Reuters Shares of GameStop surged more than 90% in afternoon trading on Wednesday as investors poured into the brick-and-mortar retailer amid a C-suite shake-up. GameStop announced Wednesday that its chief financial officer Jim Bell will resign on March 26. “Mr. Bell’s
For “Shark Tank” investor Kevin O’Leary, making videos on Cameo is a lucrative side hustle. “People ask me all the time about Cameo. It’s my side hustle,” O’Leary, chairman of O’Shares ETFs, tells CNBC Make It. On Cameo, customers can pay for personalized video shout-outs from thousands of celebrities, from Carole Baskin from Netflix’s “Tiger
The Nasdaq’s slump may be just starting. Fundstrat Global Advisors’ Tom Lee sees a major market shift underway in which Big Tech starts to greatly underperform economically sensitive stocks. So, he’s telling investors to double down on epicenter trades, which are positioned to profit as the economy reopens. “A lot of these companies that were
Nvidia founder, President and CEO Jen-Hsun Huang Getty Images Nvidia beat elevated analyst expectations for both earnings and revenue for the fourth quarter of its fiscal year, which ended in December. Nvidia stock rose under 2% in extended trading. Here’s how Nvidia did: Earnings: $3.10 per share, adjusted, vs. $2.81 per share as expected by
A healthcare worker holds a dose of the Johnson & Johnson vaccine against the COVID-19 coronavirus before administering it to another as South Africa proceeds with its inoculation campaign at the Klerksdorp Hospital on February 18, 2021. Phill Magakoe | AFP | Getty Images The United States stands ready to deliver up to 4 million
In this photo illustration, a visual representation of the digital Cryptocurrency, Bitcoin is on display in front of the Bitcoin course’s graph on February 09, 2021 in Paris, France. Chesnot | Getty Images Bitcoin‘s roller-coaster ride has continued, flashing a warning sign for curious investors who may be interested in putting money in the highly
Rocket 3.2 launches from Kodiak, Alaska. Astra / John Kraus Rocket builder Astra is preparing to go public in the second quarter, taking on a crowded field of competitors while aiming for daily deliveries to space by 2025. CEO Chris Kemp spoke to CNBC this month about the company’s plans for its upcoming cash infusion.
Elizabeth Holmes, founder and former CEO of Theranos, arrives for motion hearing on Monday, Nov. 4, 2019, at the U.S. District Court House inside Robert F. Peckham Federal Building in San Jose, California. Yichuan Cao | NurPhoto | Getty Images The mystery of what happened to critical evidence proving Theranos’ blood-testing technology didn’t work deepened
Bitcoin virtual crypto currency price is displayed on a phone screen in this photo. STR | NurPhoto | Getty Images Bitcoin’s price roared back Wednesday after a sharp sell-off, climbing above $50,000 again as Square announced it had purchased $170 million worth of the cryptocurrency. At 4 a.m. ET, the world’s most valuable digital coin
People wait for passengers at one of the International Arrivals halls at London Heathrow Airport in west London on February 14, 2021 JUSTIN TALLIS | AFP | Getty Images A new app, set to launch within weeks, could mark the first step in resuming quarantine-free international travel. The International Air Travel Association (IATA) travel app
Al Drago | Getty Images News | Getty Images The measure, the American Rescue Plan Act of 2021, would pay unemployed workers an extra $400 a week through Aug. 29. Those additional relief payments would raise federal spending by about $163 billion through 2022, according to a cost estimate the Congressional Budget Office issued last
Workhorse W-15 Electric Pickup Truck. Source: Workhorse Shares of Workhorse Group dropped more than 50% at one point on Tuesday after the company was passed over for a key contract from the U.S. Postal Service. Amid heightened volatility, the stock was halted multiple times during the last half hour of trading, before ultimately finishing the
People who are mentally tough and successful at what they do understand that the cumulative effect of small changes leads to significant outcomes. And while they set out with big goals, they improve using systematic and surgical precision. In my 30 years of researching and writing about what motivates people to be exceptional, I’ve found
Patrick T. Fallon | Bloomberg | Getty Images Check out the companies making headlines after the bell on Monday: Square – Shares of the financial services company slipped 4.1% amid news news that Square purchased $170 million in Bitcoin. Square also reported quarterly results that beat analyst expectations. The company earned 32 cents per share
People wear protective face masks outside Best Buy in Union Square as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on September 24, 2020 in New York City. Noam Galai | Getty Images Best Buy said it will pay pandemic-related bonuses to all hourly employees and give
President Donald Trump speaks to supporters at Joint Base Andrews before boarding Air Force One for his last time as President on Jan. 20, 2021 in Joint Base Andrews, Maryland. Pete Marovich | Pool | Getty Images Former President Donald Trump’s tax returns are back in the news. The Supreme Court rejected Trump’s efforts to
Janet Yellen, U.S. President-elect Joe Biden’s nominee to be treasury secretary, speaks as Biden announces nominees and appointees to serve on his economic policy team at his transition headquarters in Wilmington, Delaware, U.S., December 1, 2020. Leah Millis | Reuters Treasury Secretary Janet Yellen issued a warning Monday about the dangers that bitcoin poses both
- « Previous Page
- 1
- 2
- 3
- 4
- …
- 11
- Next Page »