„This is a very, very bad thing. The country did not need a currency that was good for kidnappers,“ Munger said in an interview with CNBC’s Becky Quick Tuesday.
Schlagwort-Archiv: CNBC
‚We will see spectacular failures‘: CEOs and investors on what the end of cheap money means for tech
Multibillion-dollar unicorn companies will collapse in „spectacular failures,“ one venture capitalist told CNBC.
Credit Suisse sells most of its securitized products business to Apollo as it speeds up restructure
Credit Suisse said it would accelerate the restructure of its investment bank by selling a significant portion of its securitized products group to Apollo.
Walmart raises outlook as groceries boost sales, inventory glut recedes
Walmart, the nation’s largest grocer, benefited from food sales, as apparel and electronics sales slowed.
Home Depot posts better-than-expected quarter despite inflation
Home Depot reported third-quarter earnings on Tuesday, beating analyst expectations.
Crypto.com CEO downplays FTX contagion fears, says he’ll prove naysayers wrong as withdrawals rise
Crypto.com CEO Kris Marszalek said his firm had a „tremendously strong balance sheet“ and wasn’t engaged in the kinds of practices that caused FTX’s collapse.
Stocks making the biggest moves in the premarket: Hasbro, Oatly, Advanced Micro Devices and more
The stocks making the biggest moves in premarket trading include Hasbro, Oatly, Advanced Micro Devices, and more.
Alibaba’s Cainiao opens LatAm headquarters in Brazil
The expansion comes as China’s retail growth has slowed — Alibaba for the first time didn’t release total sales for its Singles‘ Day shopping festival.
Biden objects to China’s ‚aggressive‘ approach to Taiwan in three-hour meeting with Xi
U.S. President Joe Biden and Chinese President Xi Jinping met Monday for the first time in person since Biden took office.
Sam Bankman-Fried’s Alameda quietly used FTX customer funds for trading, say sources
Sam Bankman-Fried’s trading firm was able to quietly use customer funds from his exchange FTX without sounding alarm bells, sources say.