A taxi passes an AMC theatre amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., January 27, 2021. REUTERS/Carlo AllegriSome Wall Street traders are betting against another massive rally in AMC Entertainment Holdings Inc (AMC.N) and other "meme" stocks this week through a type of wager in…
Posts published in “Finance”
CNBC's Jim Cramer on Monday rejected Warren Buffett's assertion that Wall Street's new retail investors stay away from individual stock picking in favor of investing in index funds."I respect Warren Buffett, but I'll always be a Peter Lynch guy," Cramer said on "Mad Money," reacting to the comments from the Berkshire Hathaway chairman and CEO.…
The decentralized group Anonymous has published a message for Elon Musk in a video where they called the Tesla CEO “nothing more than another narcissistic rich dude who is desperate for attention.” They shed light on many things people may not know about Musk, including how he treats his employees, harms the environment, where his…
A representation of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken January 8, 2021. REUTERS/Dado Ruvic/File PhotoA push toward relying more on renewable energy for bitcoin mining could make the underperforming solar industry more attractive, star fund manager Cathie Wood said at a cryptocurrency conference Thursday.The value of…
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New York (CNN Business)"Saturday Night Live" has made some odd host picks over its history. The long-running NBC variety show's Studio 8H stage has been graced by the likes of Ralph Nader, Steve Forbes, Rudy Giuliani, George Steinbrenner and, famously, Donald Trump.That off-kilter tradition continues Saturday when Elon Musk, the eccentric tech billionaire, will host…
The couple oversees the largest private foundation in the world. (File)As a married couple, Bill and Melinda Gates spent decades amassing one of history's largest fortunes. Now that they're divorcing, they have to untangle that $145 billion.Details of the split have already started to emerge.Cascade Investment, a holding company Bill created with his Microsoft Corp.…
The demonstrations over a proposed tax overhaul tied to the pandemic have morphed into a national outcry over rising poverty, unemployment and inequality.The police and protesters clashed last week in Bogotá, Colombia, at a demonstration over a proposed tax reform.Credit...Federico Rios for The New York TimesMay 3, 2021BOGOTÁ, Colombia — The dead include a ninth…
By forcing app developers to use its payment system and comply with other rules, regulators said Apple broke European Union competition laws.An Apple store in Paris.Credit...Sabine Mirlesse for The New York TimesApril 30, 2021Updated 10:26 a.m. ETLONDON — European Union regulators on Friday accused Apple of violating antitrust laws by imposing unfair rules and fees…