Bill Ackman’s IPO of Pershing Square closed-end fund is postponed, NYSE says
Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Billionaire investor Bill Ackman is postponing the highly scrutinized listing of Pershing Square’s U.S. closed-end fund, according to a notice on the New York Stock Exchange’s website. The initial public offering of Pershing Square USA Ltd, with the ticker PSUS, has […]
Stocks making the biggest moves midday: 3M, Dexcom, Sweetgreen, Texas Roadhouse and more
Check out the companies making headlines in midday trading: 3M — The stock skyrocketed more than 18% to hit a 52-week high after the maker of office supplies and adhesives reported stronger-than-expected quarterly results. 3M posted second-quarter adjusted earnings of $1.93 per share, exceeding an LSEG estimate of $1.68 per share. Its revenue also came […]
Frank Cappelleri on using charts to successfully navigate the markets
For Frank Cappelleri, technical analysis — reading charts to identify patterns in stocks and other assets — is not an art or a science. “It’s both.” That’s because, “I can look at an indicator and use a different way that someone else does,” Cappelleri, the founder and president of CappThesis, told CNBC’s Senior Markets Correspondent […]
Stocks making the biggest moves premarket: Coursera, WW International, DexCom, Deckers and more
Check out the companies making headlines before the bell. CrowdStrike — Shares of CrowdStrike were up nearly 2% after CEO George Kurtz said that more than 97% of Window sensors were back online after last week’s global IT outage. However, the stock is on pace for a 17% week-to-date decline. Semiconductor stocks — Nvidia , […]
Why the new spot ether ETFs may ‘be a hit’ despite recent weakness
ETF Edge Why the new spot ether ETFs may ‘be a hit’ despite recent weakness Published Thu, Jul 25 20248:00 PM EDT Ellie Stevens@elliestevens02 WATCH LIVE Source
Cryptocurrencies rebound with risk assets, but ether still lower for the week
Crypto prices rose on Friday following two down days in which investors rotated out of risk assets. Bitcoin was last higher by 4.5% at $67,720.83, according to Coin Metrics, and ether advanced 4% to $3,248.25. In equities, the tech-heavy Nasdaq Composite and the broad-market S&P 500 — which suffered their worst single trading day since […]
Crypto firm Ledger hikes prices of iPod-inspired wallet by 40% and launches new mid-tier option
The Ledger Flex is a new, cheaper hardware crypto wallet from French startup Ledger. It sports an E-ink display and can be used to secure a range of crypto assets. The device is retailing at $249. Ledger Cryptocurrency storage company Ledger is raising the price of its iPod-like Stax hardware wallet by 40% — just three […]
The personal cybersecurity concierge is a new perk, and need, among the wealthy
Matthias Kulka | The Image Bank | Getty Images Cybercriminals are increasingly targeting wealthy individuals, making cybersecurity concierges a new must-have for the rich and their families, including executives. While companies are spending heavily on cybersecurity, personal and home devices are generally less protected, making them easier to crack. And despite their sizeable assets and […]
Nvidia supplier SK Hynix to build $6.8 billion chip plant in South Korea
SK Hynix logo displayed on a phone screen as seen in this illustration photo taken in Krakow, Poland on January 30, 2023. Jakub Porzycki | Nurphoto | Getty Images Memory chip giant SK Hynix on Friday said it plans to invest 9.4 trillion Korean won ($6.8 billion) to build a new semiconductor manufacturing plant in […]
CrowdStrike CEO says 97% of Windows sensors back online after major outage
The blue screen of death errors on computer screens are viewed due to the global communications outage caused by CrowdStrike, which provides cyber security services to US technology company Microsoft, on July 19, 2024 in Ankara, Turkey. Harun Ozalp | Anadolu | Getty Images CrowdStrike CEO George Kurtz said that over 97% of Windows sensors […]
