While he is bullish for the economy’s immediate future, he sees serious challenges for the U.S., thanks to political and societal dysfunction.
Kategorie-Archiv: CNBC Financial News
Warren Buffett-backed automaker sells more electric cars in March than Nio and Xpeng delivered
BYD disclosed Tuesday that its of battery-powered passenger cars totaled 16,301 units last month.
S&P 500 hovers near record high, reopening stocks add to gains
U.S. stock index futures were flat early Wednesday.
Fundstrat’s Tom Lee explains why he expects a ‚face-ripper rally‘ in April
Fundstrat Global Advisors co-founder Tom Lee told CNBC on Monday he believes the S&P 500 could rally roughly 3% by the end of April.
Lockheed Martin buys up to 58 launches over the next decade from rocket builder ABL Space
Rocket builder ABL Space signed a long-term agreement for up to 58 launches with Lockheed Martin, the company announced on Monday.
Amended return may be needed to get full refund on $10,200 unemployment tax break, IRS says
Americans who collected unemployment benefits last year may need to file an amended tax return in some cases to get their maximum tax refund, the IRS said.
GameStop shares cut losses after the Reddit favorite plans a $1 billion stock sale
Shares of GameStop pared their double-digit losses in volatile trading that occurred Monday after the retailer said it may sell $1 billion worth of shares.
Goldman’s risk controls worked well during Archegos fire sale, CEO Solomon says
Goldman Sachs CEO David Solomon told CNBC that „I’m very pleased with how our team handled“ the forced selling of Archegos Capital Management positions.
Goldman Sachs, Starbucks among organizations unveiling a pledge to close racial wealth gap in U.S.
The NinetyToZero initiative, also backed by the Robin Hood foundation and other groups, is the latest corporate action focused on fighting racial inequality.
Stocks making the biggest moves in the premarket: Illumina, Cara Therapeutics, Snap & more
The stocks making the biggest moves in premarket trading include Illumina, Cara Therapeutics, Snap, and more.