Tag: Breaking News: Markets

Bitcoin ETFs see record-high trading volumes as retail investors jump on crypto rally

Retail traders appear to be using a new tool during this huge rally for bitcoin — exchange-traded funds.The funds, which launched last month, have...

Warren Buffett says Berkshire may only do slightly better than the average company due to its sheer size

Warren Buffett and Charlie Munger at press conference during the Berkshire Hathaway Shareholders Meeting in Omaha, Nebraska, April 30, 2022.CNBCBerkshire Hathaway's Warren Buffett said...

Intuitive Machines stock jumps in wild trading after moon landing

Intuitive Machines' Nova-C lunar lander on display at NASA's Marshall Space Flight Center.NASAShares of Intuitive Machines jumped 16% in trading Friday after the company's...

Reddit will let users buy its IPO, but warns that they could make the stock riskier

Reddit logosDado Ruvic | ReutersReddit's initial public offering will include a quirk that allows some of its most active users to buy the stock....

Fluence CEO says energy storage leader has record backlog that will push it to profitability this year

Rows of cabinets containing lithium ion batteries supplied by Fluence, a Siemens and AES Company, are seen inside the AES Alamitos Battery Energy Storage...

PepsiCo earnings top estimates, but quarterly revenue slides for the first time in nearly four years

Pepsi bottles are seen at the grocery store in Las Vegas, United States on November 17, 2023.Jakub Porzycki | Nurphoto | Getty ImagesPepsiCo on...

Activist Bluebell believes BP is 50% undervalued compared to peers

A general view of the BP logo and petrol station forecourt sign on January 22, 2024 in Southend, United Kingdom.John Keeble | Getty Images...

Starbucks earnings disappoint as U.S. boycott, ‘cautious’ China weaken sales

A Starbucks coffee cup sits on a table at one of the coffee chain's locations in Miami, Florida, on June 11, 2021.Joe Raedle |...

United Airlines forecasts first-quarter loss due to Boeing 737 Max 9 grounding

A United Airlines Boeing 737 Max 9 aircraft lands at San Francisco International Airport on March 13, 2019.Justin Sullivan | Getty ImagesUnited Airlines on...

Four predictions for 2024: Brian Sullivan’s outlook for the new year

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 9, 2024. Brendan Mcdermid | ReutersThe crystal...

Bitcoin ETFs have a key difference from their stock fund counterparts

The U.S. Securities and Exchange Commission pushed for bitcoin exchange-traded funds to have a key difference from major stock funds, and that decision's effect...

SEC approves rule changes that pave the way for bitcoin ETFs

The U.S. Securities and Exchange Commission on Wednesday approved rule changes to allow the creation of bitcoin exchange-traded funds in the U.S., a long-awaited...

Ken Griffin’s hedge fund Citadel posts double-digit returns in 2023, but lags the S&P 500

Ken Griffin, Citadel at CNBC's Delivering Alpha, Sept. 28, 2022.Scott Mlyn | CNBCBillionaire investor Ken Griffin's various hedge fund strategies at Citadel all posted double-digit...

Bitcoin gives back Tuesday’s new year rally as traders weigh ETF decision, Fed policy

Bitcoin on Wednesday reversed its new year rally as investors weighed the Federal Reserve's policy outlook and stayed on alert for updates on the...

‘Big Short’ investor Steve Eisman worries ‘everybody is coming into the year feeling too good,’ sees room for disappointment

Investor Steve Eisman of "The Big Short" fame is questioning the level of bullishness on Wall Street — even with the market's tepid start...

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