Pros on CNBC discussed ON Semiconductor’s stock hitting an all-time high after the chipmaker reported second-quarter results that topped analyst estimates.
Banks say conditions for loans to businesses and consumers will keep getting tougher
The Fed’s closely watched Senior Loan Officer Opinion Survey showed that while credit conditions got more strict, demand declined as well.
Mega Millions jackpot hits $1.05 billion. Here’s the possible tax bill for the winner
The Mega Millions jackpot has soared above $1 billion for the fifth time in history. Here’s the expected tax bill if you win.
Stocks making the biggest moves midday: SoFi, ON Semiconductor, Disney, Sweetgreen and more
These are the stocks posting the largest moves in midday trading.
SEC sues entrepreneur, alleging $1 billion in unregistered crypto sales and multimillion-dollar fraud
Richard Schueler, also known as Richard Heart, defrauded investors out of millions through his Hex cryptoasset, the SEC alleged.
Francisco Partners & TPG to take New Relic private in $6 billion deal
The consortium offered $87 per share in an all-cash deal to take New Relic private on Monday.
Stocks making the biggest moves premarket: Hasbro, Adobe, GoodRx, SBA Communications and more
These are the stocks posting the largest moves in early trading.
Robinhood rival eToro agrees $120 million share sale at discounted valuation
Stock trading platform eToro agreed to a $120 million secondary share sale giving it a slightly lower valuation than the $3.5 billion it was last valued at.
A.I. is on a collision course with white-collar, high-paid jobs — and with unknown impact
Technology has disrupted many workplaces. Artificial intelligence like ChatGPT may have an outsized impact on higher-paid office jobs, experts said.
Saudi Arabia’s economic growth slows as oil cuts, price drops bite into revenues
The International Monetary Fund had dubbed Riyadh the fastest growing economy in the Group of 20 in 2022.