Check out the companies making headlines during midday trading Thursday.
Many family offices suffer from ‘group think’ investing, says VC leader Tim Draper
Family offices are too often focused on capital preservation rather than growth, says the venture capital legend.
The secrets of venture capitalism from a family dynasty
CNBC Wealth Editor Robert Frank sits down with Silicon Valley investing pioneer Tim Draper and his daughter Jess to discuss their family legacy in venture capital and their secret to success.
China’s economic model is ‘washed up on the beach,’ says veteran investor David Roche
China’s economic model is “washed up on the beach” and “not going to take off again,” which will have a big impact on global markets, says veteran investor David Roche.
Stocks making the biggest premarket moves: Walmart, Adobe, Cisco, Hawaiian Electric and more
These are the stocks posting the largest moves in the premarket.
China is considering countermeasures to Biden’s executive order
China signaled it would respond if needed to the Biden administration’s executive order to restrict U.S. investments in advanced Chinese technology.
Don’t count out more rate hikes due to strong jobs market, former Fed governor Kroszner suggests
Randall Kroszner, who’s now a University of Chicago economics professor, believes rates are staying high into well next year.
Stocks making the biggest moves after hours: Cisco Systems, Synopsys, Wolfspeed and more
These are the stocks posting the largest moves in postmarket trading.
Target shares pop nearly 3% after earnings. Here’s what the pros say to do next
Pros on CNBC discussed Target after shares surged following its second-quarter earnings report then slowed into Wednesday’s market close.
Fed officials see ‘upside risks’ to inflation possibly leading to more rate hikes, minutes show
The Federal Reserve on Wednesday released minutes from its July 25-26 policy meeting.