News

This ETF strategy may help investors skirt market concentration risk

A top exchange-traded fund provider is screening diversified value stocks for long-term gains.

This fintech configures expense cards to block misuse — and investors just backed it with millions

Irish fintech CleverCards uses a digital platform linked to configurable expense cards to give companies control over how employees use their corporate cards.

Roaring Kitty's GameStop stake grows to 9 million shares after selling his big options position

Keith Gill posted a new screenshot of his E-Trade portfolio after the bell Thursday showing that he is now holding more than 9 million GameStop shares.

Fintech has hit a bottom after plunge in valuations and squeeze on funding, execs and VCs say

"Investors are now in the AI mindset," the CEO of Nium told CNBC. "Like, whatever it costs. I want in on AI. They're going to burn a lot of money."

Robotics startup cofounded by Synapse CEO is raising funds with exaggerated claims about GM ties

Foundation was started in April by Synapse CEO Sankaet Pathak, Tribe Capital CEO Arjun Sethi, and LeBlanc, cofounder of Cobalt Robotics.

GameStop tanks with huge volume in the call options owned by 'Roaring Kitty'

The sell-off GameStop shares intensified in afternoon trading, and that coincided with a spike in trading volume in the call options that Roaring Kitty owned.

Fed holds rates steady, indicates only one cut coming this year

The Federal Reserve on Wednesday released its decision on interest rates following this week's policy meeting.

Here's the Fed's new rate forecast that's moving the markets

The Federal Reserve on Wednesday projected only one rate cut for the remainder of 2024, down from its March forecast that called for three reductions.

Here's what changed in the new Fed statement

This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting.

Keith Gill has some tough choices to make on his GameStop options with Wall Street ready to pounce

Roaring Kitty might be pondering on what to do with his massive options position against GameStop and he could have some tough choices to make.

GameStop raises more than $2 billion by selling 75 million shares, capitalizing on meme frenzy

The retailer announced it completed an at-the-market equity offering, selling the maximum number of 75 million shares to raise proceeds of $2.14 billion.

More than $1 billion in EV tax credits issued upfront to buyers, Treasury and IRS say

Federal officials said the Biden administration hit a key milestone in its push to make it easier for consumers to buy an electric vehicle.
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