Stocks making the biggest moves after hours: Spotify Technology, Cava, Rivian Automotive and more

Stocks making the biggest moves after hours: Spotify Technology, Cava, Rivian Automotive and more




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Gary Gensler says he was ‘proud to serve’ as SEC chair, defends his approach to crypto regulation
Finance

Gary Gensler says he was ‘proud to serve’ as SEC chair, defends his approach to crypto regulation

U.S. Securities and Exchange Commission Chair Gary Gensler testifies before a House Financial Services Committee oversight hearing on Capitol Hill in Washington, D.C., on Sept. 27, 2023. Jonathan Ernst | Reuters Securities and Exchange Commission Chairman Gary Gensler spoke this morning at the Practising Law Institute’s 56th annual conference on securities regulation.  It sounded awfully […]

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Stocks making the biggest moves premarket: Disney, Cisco, ASML, Tapestry and more
Finance

Stocks making the biggest moves premarket: Disney, Cisco, ASML, Tapestry and more

Check out the companies making headlines before the bell. Disney – Shares popped more than 9% after the company’s fiscal fourth-quarter results beat analysts’ estimates . For the period, Disney earned $1.14 per share, after adjustments, on revenue of $22.57 billion. That’s above earnings of $1.10 per share on revenue of $22.45 billion that analysts […]

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It’s ‘liquidity, stupid’: VCs say tech investing is tough amid IPO lull and ‘nuts’ AI hype
Finance

It’s ‘liquidity, stupid’: VCs say tech investing is tough amid IPO lull and ‘nuts’ AI hype

Key Points Venture capitalists at Web Summit — one of Europe’s biggest tech events — say things have become more difficult for tech investors as they’re unable to cash out of long-term bets. “In the VC world, it’s really all about liquidity stupid,” Edith Yeung, general partner at Race Capital, said in a CNBC-moderated panel. […]

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