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Finance
Hedge funds are ‘dead as a doornail,’ says chairman of ultra-rich investors’ club Tiger 21
Michael Sonnenfeldt, founder, CEO and Chairman, Tiger 21.Adam Jeffery | CNBCHedge funds are "dead" as an investment class for the super rich, said Michael Sonnenfeld, founder and…
Starbucks gets a price target cut after a brutal quarterly miss and light guidance
Starbucks shares plummeted Tuesday evening by roughly 11.5% after the coffee giant delivered a much weaker-than-expected quarter. The company also cut its outlook for fiscal 2024,…
40-year-old paid off $20,000 in credit card debt, then stopped using them completely: ‘I was more than happy to…
After paying off around $20,000 in credit card debt six years ago, Shonnita Leslie hasn't used a credit card since."I was more than happy to cut them up," the 40-year-old tells…
New Calamos ETF promises ‘100% downside protection.’ Here’s how it works
A new ETF designed to shield investors from the risk of market volatility starts trading on Wednesday. The Calamos S&P 500 Structured Alt Protection ETF (CPSM) promises to…
Cannabis stocks surge as Biden administration moves to reclassify marijuana
Trade Roots, a Wareham-based Cannabis dispensary grows cannabis plants for making CBD with THC in their greenhouse, and manufactures CBD products for sale in their shop and…
Stocks making the biggest moves after hours: Amazon, Starbucks, Pinterest, Advanced Micro Devices and more
An Amazon worker walks past his Amazon Prime delivery truck in Washington, DC, on February 19, 2022.Stefani Reynolds | Afp | Getty ImagesCheck out the companies making headlines in…
AMD’s data center business grew 80% but the stock is down
Lisa Su, president and CEO of AMD, talks about the AMD EPYC processor during a keynote address at the 2019 CES in Las Vegas, Nevada, U.S., January 9, 2019. Steve Marcus |…
Binance founder Changpeng Zhao sentenced to 4 months in prison after plea deal
Changpeng Zhao, former chief executive officer of Binance, arrives at federal court in Seattle, Washington, US, on Tuesday, April 30, 2024. David Ryder | Bloomberg | Getty…
This is the level where the 10-year Treasury yield becomes a ‘clear problem’ for stocks, Goldman study shows
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 29, 2024. Brendan Mcdermid | ReutersThe volatility in the bond market has had equity…
Stocks making the biggest moves midday: Eli Lilly, 3M, PayPal, Tesla and more
Check out the companies making headlines in midday trading. Eli Lilly — Shares added 5% after Eli Lilly, maker of the Mounjaro diabetes and weight loss drug, beat analysts'…