These are the stocks posting the largest moves in extended trading.
Category: Finance News
Reels, ads and cost cutting propel Meta’s stock to 17-month high. How the pros are playing it
Pros on CNBC discussed Meta after the company beat Q2 earnings and revenue estimates, hitting levels not seen since early last year.
What ‘Shark Week’ can teach investors about a money ‘survival instinct’
Investors tend to make choices based on recent events, such as a steep drop in stocks. Here’s what the annual “Shark Week” frenzy can teach us about investing.
KKR’s private equity co-head says it’s a great time to do deals, but be sure to exercise caution
“This is a great time to do deals,” said KKR’s Global Co-Head of Private Equity Pete Stavros. “When you want to be more cautious is when capital is everywhere.”
Private equity giant KKR’s antidote to worker discontent — employee stock ownership programs
Pete Stavros, co-head of global private equity at KKR, is a key champion of instilling employee stock ownership programs in all the companies the firm buys.
Treasury bills are still paying above 5%. Here’s what to know before buying
Treasury bill yields are still well above 5% following another interest rate hike from the Federal Reserve. Here’s what investors need to know.
Prosecutors drop another charge against FTX co-founder Sam Bankman-Fried
Federal prosecutors told a Manhattan judge that they wouldn’t pursue a campaign finance charge against FTX founder Sam Bankman-Fried after a procedural failing.
Regulators unveil sweeping changes to capital rules for banks with $100 billion or more in assets
The heightened requirements would apply to all banks with at least $100 billion in assets and would impact the biggest and most complex banks the most.
GDP grew at a 2.4% pace in the second quarter, topping expectations despite recession calls
Gross domestic product was expected to increase at a 2% annualized pace in the second quarter.
Turkey’s central bank says inflation is set to hit 58% — more than double its previous estimate
Turkey’s central bank expects inflation to hit 58% by the end of 2023, its new governor Hafize Gaye Erkan said in her debut news conference Thursday.