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CNBC Financial News

Former Boston Celtics star Paul Pierce settles with SEC over crypto violations

Fri, 02/17/2023 - 08:51
NBA Hall of Famer Paul Pierce settled with the SEC over allegations he unlawfully touted the same crypto security as Kim Kardashian.

Stocks making the biggest moves premarket: DraftKings, DoorDash, Deere, Roku and more

Fri, 02/17/2023 - 04:50
These are the stocks posting the largest moves in early trading.

China Renaissance shares plunge more than 20% after it says founder Bao Fan is missing

Thu, 02/16/2023 - 21:09
Prominent Chinese investment banker Bao Fan is missing, his company China Renaissance said late Thursday.

SEC charges Do Kwon, Terraform with fraud in connection with Terra collapse

Thu, 02/16/2023 - 14:27
The SEC charged Terraform and its CEO, Do Kwon, with fraud, alleging that they bilked investors out of billions of dollars.

Stocks making the biggest moves after hours: DoorDash, Applied Materials, DraftKings and more

Thu, 02/16/2023 - 14:19
These are the stocks posting the largest moves in extended trading

Stocks making the biggest moves midday: Twilio, Tripadvisor, Boston Beer, Roku and more

Thu, 02/16/2023 - 08:56
These are the stocks posting the largest moves in midday trading.

Stocks making the biggest premarket moves: Shake Shack, Virgin Galactic, Paramount and more

Thu, 02/16/2023 - 06:35
These are the stocks posting the largest moves premarket.

Rise of 'zombie' VCs haunts tech investors as plunging valuations hammer the industry

Wed, 02/15/2023 - 23:42
For some venture capitalists, we're approaching a night of the living dead.

A 'cocktail' of sticky inflation and a tight labor market boosts Bank of England rate hike bets

Wed, 02/15/2023 - 22:33
A tight labor market and comparatively slow return to earth for inflation means the Bank of England is likely to press ahead with a further interest rate hike in March, economists suggest.

MSCI delays weighting cuts for two Adani companies, cites 'replicability' concerns

Wed, 02/15/2023 - 22:09
Index provider MSCI said it will delay implementing weighting changes for some Adani Group companies until later this year.

Charlie Munger says BYD is so far ahead of Tesla in China 'it's almost ridiculous'

Wed, 02/15/2023 - 14:58
Charlie Munger said Wednesday that Tesla pales in comparison to BYD in China, calling the Chinese electric vehicle maker his favorite stock ever.

Stocks making the biggest moves after hours: Roku, Cisco Systems, Twilio and more

Wed, 02/15/2023 - 14:05
These are the stocks posting the largest moves in extended trading.

FTX founder Sam Bankman-Fried's two bond guarantors unsealed, both with ties to Stanford

Wed, 02/15/2023 - 12:18
The names of FTX co-founder Sam Bankman Fried's bond guarantors were unsealed on Wednesday after a judge granted a motion to have their identities made public.

Stocks making the biggest moves midday: Roblox, Airbnb, Barclays, Silvergate Capital & more

Wed, 02/15/2023 - 09:10
These are the stocks posting the largest moves midday.

SEC Chair Gensler proposes rules that would change which crypto firms can custody customer assets

Wed, 02/15/2023 - 08:05
SEC chair Gary Gensler proposed sweeping reforms that would alter the nature of crypto exchanges' institutional and investor custody programs.

Stocks making the biggest moves premarket: Kraft Heinz, Paramount, Airbnb, Tripadvisor and more

Wed, 02/15/2023 - 05:31
Here are the companies making headlines before the bell on Monday.

Goldman Sachs scraps idea for direct-to-consumer credit card after strategy shift

Wed, 02/15/2023 - 03:16
Not long ago, CEO David Solomon told analysts the bank was developing its own card, which would've made use of the platform Goldman created for the Apple Card.

Barclays posts 19% slide in annual net profit after costly U.S. trading blunder; Shares down 8%

Wed, 02/15/2023 - 00:21
Barclays on Wednesday reported a full-year net profit of £5 billion ($6.05 billion) for 2022, beating consensus expectations of £4.95 billion.

China's economic recovery is off to a slow start

Tue, 02/14/2023 - 17:05
Preliminary economic data indicate overall growth isn't yet roaring back since mainland China ended its Covid controls in early December.

Stocks making the big moves after hours: Airbnb, TripAdvisor, Devon Energy and more

Tue, 02/14/2023 - 14:18
These are the stocks posting the largest moves after the bell.

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