Jack Dorsey’s payment company announced a $29 billion, all-stock deal to buy Australia’s Afterpay as the installment loan competition heats up.
Kategorie-Archiv: CNBC Financial News
Stocks rise to kick off August, Dow nears record high
The major averages managed to notch their sixth month of gains in July.
HSBC’s reported pre-tax profit more than doubles to $10.8 billion in first half of 2021
HSBC shares in Hong Kong jumped more than 3% following earnings release.
Top Wall Street analysts are betting on more gains for these stocks as earnings continue
TipRanks analyst ranking service pinpoints Wall Street’s best-performing stocks, like Tesla & Nike
Utilities are struggling to keep the lights on as fires, drought plague California
Droughts, wildfires and other extreme events fueled by climate change have put grid operators in the Western U.S. under pressure.
Government denies Bezos‘ protest of NASA awarding lunar lander contract to Musk’s SpaceX
The U.S. GAO denied a protest by Jeff Bezos‘ Blue Origin that NASA wrongly awarded a lucrative astronaut lunar lander contract solely to Elon Musk’s SpaceX.
MicroStrategy CEO defends debt-financed bitcoin buys, compares it to investing early in Facebook
„If I could borrow $1 billion and buy Facebook a decade ago for 1% interest, I think I would’ve done quite well,“ MicroStrategy’s Michael Saylor told CNBC.
SEC slaps new disclosure requirements on Chinese IPOs amid Beijing’s crackdown
The Securities and Exchange Commission said Friday it will now require additional disclosures from Chinese companies seeking a listing on U.S. stock exchanges.
Utilities are struggling to keep the lights on as fires, drought plague California
Droughts, wildfires and other extreme events fueled by climate change have put grid operators in the Western U.S. under pressure.
There’s an unemployment cliff coming. More than 7.5 million may fall off
Programs paying expanded unemployment benefits are ending nationally on Sept. 6. It doesn’t appear lawmakers will extend the deadline again.