‘Exciting idea’: Fund manager loves this pharma stock — and analysts see more upside ahead
Calling the company an “exciting idea,” Freddie Lait noted that the 100-year-old business is “very defensive and very diversified.”
Bitcoin bull Michael Saylor nets $700 million in gains on 3-day pop in crypto and MicroStrategy
MicroStrategy Chairman Michael Saylor is having a huge week, given the massive three-day rally in his company’s stock and the price of bitcoin.
Give us your nominations: CNBC is listing the world’s top fintech companies
For a second year, CNBC and Statista are working together to identify the top global fintech names. We’re also opening nominations for the top insurtech firms.
Supreme Court will hear Trump presidential immunity claim in election interference case
The Supreme Court on Wednesday agreed to rule on whether Donald Trump is immune from criminal charges in his federal election interference case.
Snowflake says Frank Slootman is retiring as CEO, stock plunges more than 20%
Snowflake said CEO Frank Slootman is retiring and being replaced by Google’s former ad head.
The S&P 500’s valuation is in the 95th percentile vs. history, but Bank of America says investors shouldn’t worry
The S&P 500 today is higher quality and has lower earnings volatility than in prior decades, making it a “different animal,” BofA’s Savita Subramanian said.
Bitcoin ETFs see record-high trading volumes as retail investors jump on crypto rally
The iShares Bitcoin Trust (IBIT) has already seen a record number of shares traded on Wednesday.
Online trading platform Webull is set to go public via a $7.3 billion SPAC deal
The New York-based online brokerage will combine with SK Growth Opportunities Corporation in the second half of the year.
Apple CEO Tim Cook says company is ‘investing significantly’ in generative AI
Tim Cook’s remarks at Apple’s annual shareholder meeting represent one of the strongest signals that Apple is embracing the generative AI craze.
Coinbase users see $0 balance after crypto-trading app suffers glitch
Coinbase users took to social media platform X on Wednesday screenshots showing that their accounts appeared to have no money in them.
