These are the stocks posting the largest moves midday.
NBA star Kevin Durant can’t unlock his Coinbase bitcoin account. His agent is thrilled
Houston Rockets star forward Kevin Durant can’t access his Coinbase account or the bitcoin held there. His agent says that’s a good thing.
David Tepper says Fed could cut a few more times, but easing too much risks entering ‘danger territory’
His comments come after the central bank lowered interest rates by a quarter point Wednesday, while signaling two more reductions are coming this year.
Stocks making the biggest premarket moves: Intel, Novo Nordisk, Bullish, Cracker Barrel and more
These are some of the stocks posting the largest moves in the premarket.
Hassett says Fed made ‘prudent call,’ signaling White House OK with quarter-point cut
In a CNBC interview Thursday, Hassett noted that the administration, and new Fed Governor Stephen Miran, had been pushing for a bigger reduction.
Oracle’s Larry Ellison made his $365 billion fortune by breaking every rule of wealth management
Larry Ellison’s fortune is built on mountains of leverage and risk, allowing him to borrow against his shares and raise cash without giving up control.
How Larry Ellison spends billions without selling many Oracle shares
CNBC’s Robert Frank reports on how Oracle co-founder and chairman Larry Ellison’s net worth has grown by more than $100 billion in the past day.
American Express unveils refreshed Platinum card with $895 annual fee, upping the ante in luxury cards
American Express’ move highlights an arms race of sorts when it comes to catering to wealthy consumers. JPMorgan and Citi released updated or new cards recently.
Dinner for nearly $15,000 — the cost of a meal with DBS bank CEO
A charity auction in Singapore featured a private dinner with DBS Group’s first female CEO Tan Su Shan. The experience fetched a winning bid of over $14,000.
Huawei touts ‘world’s most powerful’ AI chip cluster as Nvidia’s China challenges mount
The company said it plans to launch the new supercluster as soon as next year.