Charlie Munger says BYD is so far ahead of Tesla in China ‘it’s almost ridiculous’
Charlie Munger said Wednesday that Tesla pales in comparison to BYD in China, calling the Chinese electric vehicle maker his favorite stock ever.
FTX founder Sam Bankman-Fried’s two bond guarantors unsealed, both with ties to Stanford
The names of FTX co-founder Sam Bankman Fried’s bond guarantors were unsealed on Wednesday after a judge granted a motion to have their identities made public.
Raquel Welch, actor and international sex symbol, dies at 82
The Golden Globe-winning actor died Wednesday morning following a brief illness, her management company said.
Google CEO tells employees some of company’s top products ‘were not first to market’ as A.I. pressure mounts
Google leadership has faced criticism of late for its slow response to ChatGPT and emerging competition from Microsoft.
Morgan Stanley says these stocks will benefit from an A.I. boom
Morgan Stanley says that the artificial intelligence arms race offers prime trading opportunities for certain Asian tech stocks.
Brainard’s move to the White House leaves a big gap for Biden to fill at the Fed
Her departure creates a gap at the central bank that will require a deft hand to fill.
These unprofitable stocks could surprise investors in a good way like Palantir
CNBC Pro looked at stocks that have been unprofitable and are underperforming, but either now turning a profit or are about to.
Amazon cuts ties with EU distributors amid wider push to trim costs
Amazon said the change will help it “control our costs and keep prices low for customers.”
JPMorgan’s top strategist says investors are ‘taunting’ the Fed and a sell-off is overdue
JPMorgan’s Marko Kolanovic said the investors are taunting the Fed, as the stock market as keeps climbing even as the central bank continues to raise rates.
Founder who sold his startup to Google says the company has lost its mission, is mismanaged and has no sense of urgency
A former Google employee said the technology giant is inefficient, plagued by mismanagement and paralyzed by risk.
