Check out the companies making headlines in premarket trading: Auto stocks — Shares of major automakers dropped after President Donald Trump announced a 25% tariff on all cars not made in the U.S. that will go into effect next week. General Motors slid more than 6%, while Stellantis lost...
U.S. President Donald Trump's tariff policies are making the path ahead for European Central Bank interest rates "more complicated," according to Pierre Wunsch, member of the ECB's Governing Council."We were going in the right direction. And I was actually quite relaxed," he told CNBC's Karen Tso on Thursday on...
Digital banking startup Mercury has raised $300 million in primary and secondary funding at a $3.5 billion post-money valuation, the company confirmed to TechCrunch on Wednesday. The valuation is more than double the startup’s valuation when it last raised capital – a $120 million Series B round in 2021 that...
Treasury Secretary Janet Yellen speaking with CNBC's Sara Eisen (not shown) at the U.S Treasury Department on Jan. 8th, 2024.CNBCFormer Treasury Secretary Janet Yellen will be joining an advisory board for bond giant Pimco, CNBC has learned.Joining other prominent officials in the world of economics and finance, Yellen, who...
Check out the companies making headlines in midday trading: GameStop — The meme stock soared about 15%. On Tuesday, GameStop's board announced it had unanimously approved a plan to buy bitcoin with a portion of its corporate cash, following a similar move by MicroStrategy. Dollar Tree — The discount...
Seoul, Korea, March 26th, 2025, FinanceWireCROSS Protocol, a blockchain gaming pioneer, has secured $10 million in its private token sale while establishing an unprecedented equal pricing model for all investors.The company sold 100 million tokens—10% of its planned 1 billion supply—at $0.10 per token, a price that will remain...
People take pictures of the U.S. Treasury Department building in Washington, D.C., on Feb. 6, 2025.Mandel Ngan | AFP | Getty ImagesThe Treasury Department is planning to furlough a "substantial" level of its workforce in conjunction with Elon Musk's efforts to shrink the size of the federal government, according...
Check out the companies making headlines in premarket trading. GameStop — The meme stock surged 16% a day after the company's board announced it had approved a plan to buy bitcoin and stablecoins with a portion of its corporate cash, in a move similar to that of MicroStrategy. Dollar...
New York, United States, March 26th, 2025, FinanceWireChargeAfter was chosen by Authority Brands to enhance BuyFin, its consumer financing platform, delivering a seamless customer experience that maximizes approval rates by embedding customized financing choices for its in-home service brands.ChargeAfter, the embedded lending platform for point-of-sale financing, announced today that...
Rachel Reeves, UK chancellor of the exchequer, outside 11 Downing Street ahead of presenting her budget to parliament in London, UK, on Wednesday, Oct. 30, 2024. Bloomberg | Bloomberg | Getty ImagesHome improvement retailer Kingfisher became the latest British company to report a negative impact from U.K. Finance Minister Rachel...
U.S. President Donald Trump's tariff...
Digital banking startup Mercury has...
Check out the companies making...
U.S. President Donald Trump's tariff...
Digital banking startup Mercury has...
Check out the companies making...
U.S. President Donald Trump's tariff...
Gregg Greenberg spent 14 years as a journalist at TheStreet.com where he wrote the highly popular column "The 5 Dumbest Things on Wall Street This Week". His work has appeared in magazines ranging from Glamour to ESPN the Magazine, and on humor sites such as Points in Case.
Warren Buffett, chairman and chief executive officer of Berkshire Hathaway, photographed during a 2011 trip to Japan.Bloomberg | Bloomberg | Getty ImagesJapanese stocks have been on a tear since late last year, up nearly 15% since November, as the weak yen and inbound tourism help to reactivate the economy....
So much has been written lately about the integration of Quantitative Investing and Machine Learning. Are you wondering about whether to apply ML to your investment process or feel like your team isn’t progressing fast enough? We hope that our new blog series on applying Machine Learning algorithms will...
Charles Munger at the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, April 29, 2022.David A. Grogan | CNBCCharlie Munger believes there is trouble ahead for the U.S. commercial property market.The 99-year-old investor told the Financial Times that U.S. banks are packed with "bad loans" that will be vulnerable...
Siemens wind turbines operate on a wind farm in Marshalltown, Iowa, where many of Berkshire's first big renewable investments were made over the past decade as the former MidAmerican Energy under now-Berkshire Energy was well situated in one of the nation's top wind corridors.Timothy Fadek | Corbis News |...
Warren Buffett 's Berkshire Hathaway raised its stakes in five Japan stocks — a good sign for investors in Japan, according to Credit Suisse. "This, together with Berkshire Hathaway's recent issuance of JPY bonds, has put the spotlight on value and quality investment opportunities in Japan," Credit Suisse said...
Market veteran Howard Marks is sounding the alarm on commercial real estate, with an anticipated wave of mortgage defaults set to add stress to the financial system. "We're very likely to see mortgage defaults in the headlines, and at a minimum, this may spook lenders, throw sand into the...
Takeaways from the CQA Spring Conference 2023 by Peter Millington, Founder and CTO of Scientific Financial Systems (SFS)Peter Millington, founder, and CTO of SFS, recently attended the 2023 CQA Spring Conference in Las Vegas. This annual event brings together top quantitative finance professionals to discuss the latest developments and...
