Investing

In this article CAR A customer boards an Avis Budget Group Inc. shuttle bus at the Denver International Airport (DEN) in Denver, Colorado, U.S., on Wednesday, Oct. 28, 2015. Luke Sharrett | Bloomberg | Getty Images Car rental stock Avis Budget surged Tuesday after the company reported a stronger-than-expected third quarter that sparked massive trading
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In this article CFX thianchai sitthikongsak | Moment | Getty Images Company: Colfax Corp. (CFX) Business: Colfax is a global diversified technology company. The company operates in two segments: (i) Fabrication Technology: consumable products and equipment, including cutting, joining, and automated welding products, as well as gas control equipment; and (ii) Medical Technology: medical device
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Fixed-income giant Pimco has dabbled in cryptocurrencies and plans to gradually invest more in digital assets that have the potential to disrupt the financial industry, according to chief investment officer Daniel Ivascyn. “Now we’re looking at potentially trading certain cryptocurrencies as part of our trend-following strategies or quant-oriented strategies, then doing more work on the
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In this article AMZN VZ INDIA – 2019/08/30: In this photo illustration a popular wireless communication application Verizon logo seen displayed on a smartphone. (Photo Illustration by Avishek Das | SOPA Images | LightRocket | Getty Images Verizon is partnering with Amazon to use the tech giant’s coming satellite internet system to expand rural broadband
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Eric Glyman and Karim Atiyeh, cofounders of corporate card startup Ramp Corporate charge card start-up Ramp is going after publicly-traded competitor Bill.com with a free invoice management and payments platform, CNBC has learned. The start-up has grown rapidly this year by offering small and medium-sized businesses a cash back card paired with software that identifies
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In this article SWX Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016. David A. Grogan | CNBC Company: Southwest Gas Holdings (SWX) Business: Southwest Gas Holdings purchases, distributes, and transports natural gas in Arizona, Nevada and California. The company operates in two segments, Natural Gas Operations and Utility Infrastructure Services.
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Starship prototype 20 is stacked on top of Super Heavy Booster 4 on August 6, 2021. SpaceX Elon Musk’s SpaceX has become one of the world’s most valuable private companies, and Morgan Stanley believes the Starship rockets the venture is developing will have wide-reaching implications. Starship is the massive, next-generation rocket SpaceX is developing to be
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An animated trajectory map shows the path of the Lucy mission, with the spacecraft (blue) launching from the Earth (green) out to the asteroids around Jupiter (orange). NASA NASA’s latest exploration spacecraft launched over the weekend, beginning a 12-year journey to visit Jupiter’s Trojan asteroids. A tool familiar to Wall Street was used to craft
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Andrew Toth | FilmMagic | Getty Images “The Big Short” investor Michael Burry inquired about ways to bet against bitcoin just before the world’s largest cryptocurrency hit a six-month high to breach the $60,000 level. “Ok, I haven’t done this before, how do you short a cryptocurrency,” Burry said in a Wednesday tweet. “Do you have
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The shrinking U.S. workforce during the Covid pandemic is “going to cripple” the economic recovery, billionaire investor and businessman Barry Sternlicht warned Wednesday. The founder of Starwood Capital Group, which operates hotels as part of its broader portfolio, said the federal government should pay people go back to work, not to stay home. “The whole
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In this article ELAN Marko Geber | DigitalVision | Getty Images Company: Elanco (ELAN) Business: Elanco is one of the largest global animal health pharmaceutical companies, developing and marketing products for both pet health and farm animals. It offers pet health disease prevention products, such as parasiticide and vaccine products that protect pets from worms,
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David McDonough, founder and CEO of Commonstock Commonstock A new social network is betting that enthusiastic retail traders are here to stay and that they want more transparency than what’s offered on Reddit.  Commonstock is a social media platform for talking about trades and financial markets. It features a Twitter-like news feed, with users ranking
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