Metro Atlanta is on a hot streak. More than 6 million people now live in the region, according to recent Census Bureau estimates. Experts say that’s about a 50% increase from 20 years ago. ̶...
Tag: Wall Street
Why investors may want to add retail ETFs to their cart
‘Tis the season for shopping — and maybe for some investors: ETFs. Despite consumer headwinds tied to the economic slowdown, Amplify ETFs’ Brian Giere sees opportunities in retail. “...
Warren Buffett explains his $750 million charitable donation on Thanksgiving eve
Warren Buffett Gerard Miller | CNBC Warren Buffett donated more than $750 million in Berkshire Hathaway stock to four foundations associated with his family on Thanksgiving eve, and the legendary inve...
Credit Suisse shareholders greenlight $4.2 billion capital raise
The logo of Swiss bank Credit Suisse is seen at its headquarters in Zurich, Switzerland March 24, 2021. Arnd Wiegmann | Reuters Credit Suisse shareholders on Wednesday approved a 4 billion Swiss franc...
Credit Suisse projects $1.6 billion fourth-quarter loss
Switzerland’s second largest bank Credit Suisse is seen here next to a Swiss flag in downtown Geneva. Fabrice Coffrini | AFP | Getty Images Credit Suisse on Wednesday projected a 1.5 billion Swi...
CME’s Terry Duffy says he saw trouble before FTX collapse
A major exchange executive says he detected red flags months before the historic FTX collapse. CME Group chairman and CEO Terry Duffy said he suspected corruption at the cryptocurrency exchange the da...
Walt Disney, Carvana, Coinbase and more
Take a look at some of the biggest movers in the premarket: Walt Disney (DIS) – Walt Disney rallied 8.8% in premarket trading after the weekend announcement that former Chairman and CEO Bob Iger is re...
John Malone says he’s skeptical of ad-supported content as Netflix, Disney roll out ad tiers
Liberty Media Chairman John Malone told CNBC he’s doubtful that adding commercials to long-form streaming content would help media companies be successful in the long run. “I’m a lit...
Carnival, Advance Auto Parts and more
In an aerial view, the Carnival Miracle cruise ship operated by Carnival Cruise Lines sits docked at Pier 27 on September 30, 2022 in San Francisco, California. Justin Sullivan | Getty Images Check ou...
Charlie Munger calls the success of Elon Musk’s Tesla a ‘minor miracle’ in the car business
Berkshire Hathaway Vice Chairman Charlie Munger spoke highly of Elon Musk’s electric vehicle company Tesla, calling it an amazing feat in the American auto industry. “I was certainly surpr...
Walmart, Vodafone, Getty Images and more
Take a look at some of the biggest movers in the premarket: Walmart (WMT) – Walmart shares surged 6.9% in the premarket after the retailer reported better-than-expected quarterly profit and revenue, a...
Charlie Munger says crypto is a bad combo of fraud and delusion — ‘good for kidnappers’
Charlie Munger at the Berkshire Hathaway press conference, April 30, 2022. CNBC Berkshire Hathaway Vice Chairman Charlie Munger, a longtime cryptocurrency skeptic, said digital currencies are a malici...
Credit Suisse sells most of its securitized products business to Apollo as it speeds up restructure
Credit Suisse on Tuesday announced that it would accelerate the restructure of its investment bank by selling a significant portion of its securitized products group (SPG) to Apollo Global Management....
Hasbro, Oatly, Advanced Micro Devices and more
Take a look at some of the biggest movers in the premarket: Hasbro (HAS) – The toy maker’s stock slid 5.2% in the premarket following a double-downgrade to “underperform” from “...
Active managers see boost from the energy trade
This may be the year for active managers investing heavily in the energy space — and commodity trading advisors, known as CTAs, appear to be among the winners. Dynamic Beta Investments’ Andrew B...
Wall Street sees tightening of regulatory screws after FTX crypto catastrophe
Wall Street may not have seen the FTX debacle coming, but veterans of traditional finance recognize that once the dust settles there will be a new crypto paradigm. “Wall Street is clearly spook...
Carl Icahn says he still thinks we are in a bear market despite Thursday’s rally
Famed investor Carl Icahn said Thursday’s relief rally didn’t change his negative view on the market, and he believes a recession is still on the horizon. “We keep our portfolio hedg...
Cathie Wood’s Innovation ETF surges 13%, on track for its best day ever
Catherine Wood, chief executive officer of ARK Investment Management LLC, participates in a panel discussion during the Milken Institute Global Conference in Beverly Hills, California, May 2, 2022. La...
Take-Two Interactive, Lyft, TripAdvisor and more
Take a look at some of the biggest movers in the premarket: Take-Two Interactive (TTWO) – Take-Two tanked 17.4% in the premarket after the videogame publisher cut its bookings outlook for the year. Ta...
An S&P 500 ETF delivering double-digit percentage dividends
Investors may want to consider JPMorgan’s Equity Premium Income Fund ETF in order to get more reliable gains in the current volatile market environment. According to the firm, the ETF uses S&...
Berkshire Hathaway Q3 earnings BRK
Berkshire Hathaway Chairman and CEO Warren Buffett. Andrew Harnik | AP Berkshire Hathaway on Saturday posted a solid gain in operating profits during the third quarter despite rising recession fears, ...
Value investors make a big comeback with one of their best months since 1978
Traders work on the floor of the New York Stock Exchange during morning trading on November 02, 2022 in New York City. Michael M. Santiago | Getty Images Value investors have come back with a vengean...
Abiomed, Uber, SoFi, Pfizer and more
Take a look at some of the biggest movers in the premarket: Abiomed (ABMD) – Abiomed stock soared 51.6% in premarket trading after agreeing to be acquired by Johnson & Johnson (JNJ) in a nearly $1...
Why Wall Street Stock Predictions Are Meant To Be Wrong
Wall Street Getty Images Wall Street has a long tradition of rating stocks. Analysts from big investment banks keep an eye on certain stocks. And each quarter, they grade them by issuing one of three ...
For The First Time, ESG Proponents Are Starting To See Defense Stocks As ESG
Environmental, social and governance (ESG) issues have come to the forefront of investment practices over the years. However, a critical concern for investors is the lack of quantitative standards in ...
Wynn Resorts, Petrobras, Hanesbrands and more
Take a look at some of the biggest movers in the premarket: Wynn Resorts (WYNN) – Investor Tilman Fertitta has taken a 6.1% stake in the resort operator, according to a Securities and Exchange Commiss...
Q3 2022 earnings and overhaul
Switzerland’s second largest bank Credit Suisse is seen here next to a Swiss flag in downtown Geneva. Fabrice Coffrini | AFP | Getty Images Credit Suisse on Thursday posted a quarterly loss that...