FTX CEO Sam Bankman-Fried has been shopping for bargains amid the industry’s recent shakeout and still has cash to spend.
Schlagwort-Archiv: CNBC
Stocks making the biggest moves premarket: FedEx, International Paper, Uber and more
These are the stocks posting the largest moves before the bell.
Trussonomics? What to watch as the new UK prime minister battles multiple crises
New British Prime Minister Liz Truss faces a confluence of economic challenges, but will need to balance her own ideals with the immediate needs of the country.
China’s retail sales, industrial production beat expectations in August
China reported data that showed a more encouraging pickup in growth in August after a sluggish recovery in July from the shock of Covid earlier in the year.
Tech ‚capitulation‘: BofA top banker Rick Sherlund predicts breakout in mergers due to troubled economy
Top investment banker Rick Sherlund of Bank of America sees a wave of struggling companies putting themselves up for sale at cheaper prices due to the downturn.
6 money tips from pro athletes Isaiah Thomas and Dexter Fowler — and their financial advisor
The NBA and MLB stars sat down with CNBC to discuss their relationship with money during their careers.
FedEx cutting costs, withdraws 2023 guidance after first-quarter shipments disappoint
FedEx withdrew its full-year guidance and announced significant cost-cutting measures following what it called softness in global volume of shipments.
Cathie Wood’s contrarian deflation call gets endorsements from Elon Musk, Jeffrey Gundlach
Jeffrey Gundlach and Elon Musk recently joined Wood’s camp in calling for a decline for prices, expressing worries that the Federal Reserve might go too far.
Ares Management CEO Michael Arougheti breaks down where to find yield in a world of uncertainty
Ares Management has been a beneficiary of the current environment with heightened demand for floating rate credit and real assets.
‘The economy is breaking hard’ and CEO confidence is miserable, says billionaire investor Barry Sternlicht
The economy is on the brink of serious downturn if the Fed doesn’t pump the brakes on its rate hikes, billionaire CEO Barry Sternlicht said.