Category Archives: Syndicated
Palantir soars on earnings beat and prediction of full-year profitability
(CNBC) Shares of Palantir rose as much as 28% in extended trading Monday after the company released first-quarter earnings that beat analysts’ estimates and said it expects to be profitable through the end of the year. To read this article:
Institutional interest in crypto is ‘maturing,’ says Cantor Fitzgerald’s Han
(CNBC) It may look and feel like crypto has lost its shine for institutional investors, but their interest is still there to stay and may even be maturing, according to Cantor Fitzgerald’s Elliot Han. Han, who leads the firm’s crypto, […]
Warren Buffett says American banks could face more turbulence ahead, but deposits are safe
(CNBC) Berkshire Hathaway CEO Warren Buffett on Saturday assailed regulators, politicians and the media for confusing the public about the safety of U.S. banks and said that conditions could worsen from here. Buffett, when asked about the recent tumult that […]
Stock futures are flat to start the week
(CNBC) U.S. stock futures were flat on Sunday evening. Futures tied to the Dow Jones Industrial Average added 10 points, while S&P 500 and Nasdaq-100 futures were flat. Over the weekend, billionaire investor Warren Buffett commented on a slew of […]
The best wisdom from Warren Buffett and Charlie Munger at Berkshire Hathaway’s annual meeting
(CNBC) Berkshire Hathaway’s annual shareholder meeting on Saturday included dozens of questions spanning topics such as investing strategy, artificial intelligence and politics for the legendary investors at the helm of the conglomerate: Chairman Warren Buffett and Vice Chairman Charlie Munger. […]
Yellen warns of ‘economic chaos’ unless Congress raises the debt ceiling
(CNBC) Treasury Secretary Janet Yellen on Sunday said that failure to raise the debt ceiling will cause a “steep economic downturn” in the U.S., and she reiterated her warning that the Treasury Department may run out of measures to pay […]
Ether rallies 5% as meme mania tries to reenter the crypto market
(CNBC) The price of ether jumped on Friday as investors gambled on crypto’s newest memecoins.Ether closed higher by 5.61% at about $1,990, according to Coin Metrics. It’s still below the key $2,000 level it briefly broke through in April following […]
US investors should look to international equities, says AQR boss
(Hedgeweek) US stocks may have consistently outperformed their international peers over the past three decades, but AQR Capital Management’s co-founder and CIO Cliff Asness believes that streak could be ending and international equities may be a better bet for US […]
Apple reports better-than-expected quarter driven by iPhone sales
(CNBC) Apple reported second-fiscal quarter earnings on Thursday that beat Wall Street’s soft expectations, driven by stronger-than-anticipated iPhones sales. Apple CEO Tim Cook told CNBC that the quarter was “better than we expected.” However, Apple’s overall sales fell for the […]
Regional bank stocks continue to slide on Thursday with PacWest leading the way down 50%
(CNBC) The rout in regional banks picked up steam again on Thursday morning, with several stocks suffering sizeable losses. PacWest sank 50.6% was halted for volatility multiple times. The slide began on Wednesday evening following news that the Los Angeles-based […]
Stock futures rise following Apple earnings: Live updates
(CNBC) Stock futures ticked higher early Friday morning. S&P 500 futures inched up by 0.4%, while Nasdaq 100 futures added 0.5%. Futures tied to the Dow Jones Industrial Average gained 77 points, or 0.23%. Investors received a fresh slate of […]
Crypto has ‘lost its shine’ for institutional investors, says Northern Trust executive
(CNBC) Institutional investors lost interest in crypto after 2022 and even with this year’s uptrend, their appetite for it hasn’t come back yet, according to Northern Trust’s head of digital assets and financial markets. Justin Chapman told CNBC’s “Crypto World” […]