Netflix gift cards are seen in a shop in Krakow, Poland on June 13, 2022. Jakub Porzycki | Nurphoto | Getty Images Check out the companies making headlines in premarket trading. Tesla — Shares of the electric vehicle maker added more than 3% in premarket trading after an update on the company’s website showed that…
Ken Griffin, Citadel, at CNBC’s Delivering Alpha, Sept. 28, 2022. Scott Mlyn | CNBC Ken Griffin, founder and CEO of Citadel, believes the hype around artificial intelligence could be overblown at this early stage. “I do think the AI community is making a terrible mistake by being full of hype on the near-term implications of…
Silicon Valley Bank UK will continue to serve startup businesses from “seed funding to IPO,” the chief executive of its new owner, HSBC UK, said Tuesday. “We’re going to protect what we’ve got,” Ian Stuart told CNBC’s Arjun Kharpal at the Money20/20 fintech conference in Amsterdam. “We are going to keep it ringfenced within our…
A cargo ship carrying containers is seen near the Yantian port in Shenzhen, following the novel coronavirus disease (COVID-19) outbreak, Guangdong province, China May 17, 2020. Martin Pollard | Reuters BEIJING — China’s exports fell in May for the first time since February, customs data showed Wednesday. Exports fell 7.5% year-on-year to $283.5 billion, far…
Binance’s Co-founder & CEO Changpeng Zhao has given several interviews discussing the outlook for cryptocurrency following a turbulent couple of weeks in the market. NurPhoto / Contributor / Getty Images The $2.2 billion of U.S. customer assets held by Binance is at “significant risk” of being stolen by founder Changpeng Zhao unless a freezing order…
Market Movers rounded up the best reactions from investors and analysts on Apple . The experts, including Jim Cramer , discussed the tech giant after it unveiled its new mixed-reality Vision Pro headset Monday . D.A. Davidson downgraded the stock to neutral from buy that evening, saying the good news from Vision Pro is already…
Famed analyst Meredith Whitney has ended a self-imposed exile from a finance world that she said had become “like watching paint dry.” In an appearance Tuesday morning on CNBC, she said she is back writing market and economic commentary and focused on a real estate market that she said has the potential to hold strong…
Changpeng Zhao, billionaire and chief executive officer of Binance Holdings Ltd., speaks during a session at the Web Summit in Lisbon, Portugal, on Wednesday, Nov. 2, 2022. Zed Jameson | Bloomberg | Getty Images Crypto investors pulled $791.6 million from the crypto exchange Binance in 24 hours, crypto research firm Nansen said Tuesday, after U.S.…
Amnon Shashua, president and chief executive officer of Mobileye Global, and Patrick Gelsinger, chief executive officer of Intel Corp., outside the Nasdaq MarketSite during the company’s IPO in New York, US, on Wednesday, Oct. 26, 2022. Michael Nagle | Bloomberg | Getty Images Check out the companies making the biggest moves in premarket trading: Mobileye…
Market Movers rounded up the best reactions from investors and analysts on Apple . The experts, including Jim Cramer , discussed the iPhone maker after its stock hit an all-time high and the company kicked off its Worldwide Developers Conference on Monday. Apple released several new products including the highly anticipated Vision Pro headset ,…
