These are the stocks posting the largest moves in premarket trading.
Category: Finance News
NFL looks to give a boost to Black- and minority-owned banks
The league is borrowing $78 million from a syndicate of Black- and minority-owned banks and financial institutions in a bid to juice community lending.
$5 billion fintech Zepz looks to take on rivals like PayPal with digital wallet, M&A plans
Money transfer unicorn Zepz is looking to expand its business through mergers and acquisitions, the company’s CEO Mark Lenhard told CNBC.
China to see the world’s biggest millionaire exodus this year, new study shows
According to a report by investment migration consultancy Henley & Partners, China is expected to lose the largest number of dollar millionaires this year due to migration.
‘Bite of these higher rates is gaining traction almost every day,’ KBW CEO Thomas Michaud warns
KBW CEO Thomas Michaud warns the economy hasn’t fully absorbed higher interest rates yet.
Disney World is packed, but lines can be short — if you follow several tips
The easiest ways to avoid lines at Disney World cost money. But paying for them is worth every cent, says CNBC’s Travel Editor Monica Pitrelli.
Analysts see more upside for Meta with price target hikes. Here’s what the pros are saying
Pros on CNBC discussed Meta after Piper Sandler raised the stock’s price target amid more confidence in the social media company’s AI strategy.
DoubleLine’s Gundlach says the Fed will break something if it sticks to its rate-hiking path
DoubleLine CEO Jeffrey Gundlach said the Fed could tip the economy into a recession if the central bank follows through on its rate-hiking path this year.
How to shift your bond portfolio as the Fed pauses interest rate hikes
The Federal Reserve on Wednesday announced a break from raising interest rates, while projecting two more hikes. Here’s what it means for bond portfolios.
Fed holds off on rate hike, but says two more are coming later this year
The Federal Reserve on Wednesday released its decision on interest rates.