Virgin Galactic Chairman Chamath Palihapitiya sold his remaining personal stake in the space tourism company earlier this week.
Kategorie-Archiv: CNBC Financial News
SpaceX denounces Justice Department’s subpoena in hiring practices investigation as ‚government overreach‘
SpaceX denounced the Department of Justice’s subpoena for corporate hiring records, saying the inquiry „is the very definition of government overreach.“
Why this rate-driven sell-off is hitting tech stocks hardest
The stock market is a discounting mechanism: It is a way of trying to figure out what a future stream of cash flow — or earnings — is worth today.
Morgan Stanley raises GE target to $17, a high among Wall Street banks
Last month, CEO Larry Culp told an audience at an event hosted by Barclays that the company expects to burn cash in the first quarter of 2021.
London stock exchange boss sounds the alarm on SPAC ‚froth‘
Excess in U.S. SPACs „could end poorly“ for investors, the CEO of London’s stock exchange told reporters Friday.
Heavily shorted Tanger Outlet stock pops 20% in sudden move, then pulls back
The retail stock may be the latest attempted short squeeze by traders in 2021.
Stocks making the biggest moves in the premarket: IMAX, CoreLogic, CoStar Group & more
The stocks making the biggest moves in premarket trading include IMAX, CoreLogic, CoStar Group, and more.
Too much stimulus in the U.S. may bring ‚imported inflation‘ to China, economists warn
In China, economists are wary of risks to growth as the country tries to recover fully from the shock of the pandemic.
‘Fintech is coming into the mainstream from this pandemic,’ J.P. Morgan’s Joyce Chang says
Joyce Chang, J.P. Morgan’s chair of global research, sees a battle for digital supremacy on Wall Street.
China sets 2021 GDP growth target of more than 6% as premier warns of ‚formidable tasks‘ in finance
Chinese Premier Li Keqiang said the nation aimed for an urban unemployment rate of around 5.5% and targeted the creation of more than 11 million new urban jobs.