Breaking News: Investing
GoPro, Krispy Kreme join the meme party as Wall Street speculation ramps up
Key Points Retail traders have targeted GoPro and Krispy Kreme on Wednesday, pushing shares up 63% and 33%, respectively, in premarket trading. The two stocks are heavily cited on WallStreetBets, the online forum behind the infamous GameStop mania in 2021. The cohort seemed to have already ditched their old love OpenDoor, whose shares fell another […]
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Goldman Sachs and BNY join forces to transform $7.1 trillion money market industry with digital tokens
A screen displays the the company logo for Goldman Sachs on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 7, 2025. Brendan McDermid | Reuters Goldman Sachs and Bank of New York Mellon are set to announce that they’ve created the ability for institutional investors to purchase tokenized […]
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From robotaxis to rockets: Morningstar rated these two ETFs as top performers. How they’re positioning right now
ETF Edge From robotaxis to rockets: Morningstar rated these two ETFs as top performers. How they’re positioning right now Published Wed, Jul 23 20257:00 AM EDT Siena Griffin@siena_griffin WATCH LIVE Source
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Bitcoin could pull back with equities in the coming weeks, warns Piper Sandler
Bitcoin has notched new records this year as more investors embrace its digital gold narrative – but Piper Sandler warns the crypto is still vulnerable to stock market moves and could stumble in the coming weeks should worries about tariffs or rates hit risk assets. “We recommend taking profits on stocks that have benefitted most […]
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Alphabet, Amazon are buys ahead of earnings results, portfolio manager says
Alphabet and Amazon are buying opportunities ahead of their earnings results, while other plays on artificial intelligence such as Quanta Services are set to get a strong boost, according to Keith Gangl, senior portfolio manager at Gradient Investments. Gangl joined “Power Lunch” on Tuesday to offer his thoughts on the “Magnificent Seven” companies ahead of […]
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Top economist Mohamed El-Erian breaks ranks with Wall Street and says Powell should resign to preserve Fed independence
President of Queens’ College of Cambridge University Mohamed El-Erian speaks during a panel discussion at the headquarters of the International Monetary Fund during the Annual Meetings of the IMF and World Bank in Washington, D.C., on Oct. 13, 2022. James Lawler Duggan | Reuters Mohamed El-Erian on Tuesday called for Federal Reserve Chair Jerome Powell […]
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Warren Buffett knocks down reports that Berkshire’s BNSF taps Goldman for a railroad takeover
In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett and the media by the BNSF Railway display at the Annual Berkshire Hathaway Shareholder’s Meeting in Omaha, NE on May 6, 2017. Lacy O’Toole | CNBC Warren Buffett on Tuesday knocked down reports that Berkshire Hathaway-owned railroad BNSF was working with Goldman Sachs […]
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Credit card startup Imprint beats big banks for Rakuten co-brand deal
A view of the logo of Rakuten Mobile at its branch in Tokyo, Japan, November 28, 2023. Staff | Reuters There’s a new player making waves in an industry dominated by big banks. Imprint, the 5-year-old credit card startup, beat out banks in a competitive bidding process for a new co-branded card from online shopping […]
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Astronomer CEO’s ‘kiss cam’ controversy sparked over $7 million in prediction markets bets on his ouster
Jordi Vidal | Redferns | Getty Images Astronomer CEO Andy Byron’s controversy went so viral that it sparked millions of dollars in bets on prediction markets over his resignation. On July 16, Bryon was caught on camera hugging his human resources director Kristin Cabot on a kiss cam during a Coldplay concert with the two quickly […]
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JPMorgan Chase overhauls quantum computing leadership, poaches State Street executive
Key Points JPMorgan Chase has overhauled the leadership of its internal research group responsible for quantum computing and other forms of advanced technology, CNBC has learned. Marco Pistoia, the former IBM inventor who became head of JPMorgan’s applied research group in 2020, has recently left the bank, according to a person briefed on the matter. […]
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