Energy
Top secret recording of Caroline Ellison meeting with Alameda workers uncovered in SBF prison trial
Caroline Ellison, former chief government officer of Alameda Research LLC, leaves Manhattan Federal Court following testifying in the course of the trial of FTX CEO Sam Bankman-Fried, on Oct 10, 2023 in New York Town. Michael M. Santiago | Getty Photographs In an all-palms conference on the evening of Nov. 9, 2022, Alameda Research employees […]
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Monthly Meeting Q&A with Jim Cramer on everything from tech to health care to industrials
During the October Monthly Meeting , we took questions directly from Investing Club members. Here are Jim Cramer’s and portfolio director Jeff Marks’ responses. Their answers have been edited for clarity. 1. Why do rising interest rates have such a negative effect on technology stocks? (Rod) Jim Cramer: When the Federal Reserve started raising rates, […]
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India a vibrant location? IMF updates growth forecast, but economists say it could be a bumpy ride
Pedestrians stroll toward the Chhatrapati Shivaji Terminus practice station at dusk in Mumbai, India, on Wednesday, Oct. 4, 2023. Bloomberg | Bloomberg | Getty Images The Global Financial Fund has lifted its development forecast for India, saying the country’s advancement will keep on being powerful in 2023 and 2024 — but analysts warn there will […]
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Here’s a rapid-fire update on all 36 stocks in our portfolio, including our latest addition
Jim Cramer ran through the names during the Club’s October Monthly Meeting on Wednesday. Source
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Oil prices could surge if Iran enters the war, Pioneer Natural Sources CEO suggests
Scott Sheffield, CEO of Pioneer Normal Methods. Adam Jeffery | CNBC Pioneer Normal Assets CEO Scott Sheffield said oil selling prices could move a lot higher if Iran will get involved in Hamas’ war on Israel. “If Iran enters the war, we are likely to see a great deal bigger oil charges, certainly,” Sheffield explained on CNBC’s “Squawk […]
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Exxon Mobil agrees to buy Pioneer Pure Means for approximately $60 billion in all-stock merger
Exxon Mobil reported Wednesday it agreed to get shale rival Pioneer Organic Resources for $59.5 billion in an all-inventory offer, or $253 for every share. As component of the arrangement, Pioneer stockholders will receive 2.3234 shares of Exxon for every Pioneer share they have. The deal, Exxon’s biggest given that its acquisition of Mobil, is […]
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SBF’s ex-girlfriend Caroline Ellison requires the stand as government’s star witness
Zoom In IconArrows pointing outwards Govt Exhibit 1802 SDNY Caroline Ellison, the government’s star witness in its felony scenario from the disgraced former CEO of bankrupt crypto exchange FTX, is envisioned to take the stand on Tuesday, as the legal trial of Sam Bankman-Fried resumes in a downtown Manhattan courthouse. Ellison, who ran FTX’s sister […]
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Inside Sam Bankman-Fried’s $35 million crypto frat house in the Bahamas
Lawyers for the U.S. Attorney’s office entered into evidence a series of photos featuring the $35 million penthouse where Sam Bankman-Fried and his fellow co-workers resided. Source: SDNY Sam Bankman-Fried has traded a luxury penthouse in the Bahamas for a decidedly different top-floor setting: a criminal courtroom in downtown Manhattan. He’s roughly 1,100 miles away […]
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CNBC Day-to-day Open up: Israel-Hamas war will have a constrained influence on marketplaces
Traders function on the floor of the New York Inventory Exchange on August 16, 2023 in New York City. Michael M. Santiago | Getty Images This report is from present day CNBC Each day Open up, our new, worldwide markets newsletter. CNBC Day by day Open brings investors up to velocity on everything they need […]
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The ‘world’s most significant offshore wind farm’ produces its very first ability
A Haliade-X wind turbine photographed in the Netherlands on March 2, 2022. Peter Boer | Bloomberg | Getty Visuals A job explained as the “world’s most significant offshore wind farm” took a big move ahead more than the weekend right after making its initially electricity. Positioned off the coast of northeast England in the North […]
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