On today’s episode of CNBC Crypto World, bitcoin drops below $100,000 for the first time in more than four months as the November crypto sell-off continued. Plus, Sam Bankman-Fried’s legal team argued for a retrial before a federal appeals court. And, Bitwise CIO Matt Hougan discusses how the Bitwise Solana Staking ETF has performed in…… MORE
Category Archives: Top News
Pure EV automakers Rivian, Lucid face growing challenges amid Q3 results
Both automakers have already cut vehicle production guidance, while Rivian also has negatively changed its adjusted earnings and gross profit expectations.… MORE
Bitcoin falls below $100,000 for the first time since late June
Cryptocurrencies retreated Tuesday as investors continued to flee risk-on assets.… MORE
Trump suggests U.S. won’t pay any SNAP benefits during shutdown, contradicting court filing
Prior presidential administrations have continued paying SNAP benefits during past shutdowns of the U.S. government.… MORE
Stocks drop on rising fears about AI stock valuations, Palantir leads decline: Live updates
Stocks fell, pressured by declines in artificial intelligence-related names like Palantir as investors grow concerned about valuations.… MORE
Papa John’s sinks nearly 20% on report Apollo withdrew its offer to take chain private
Shares of pizza chain Papa John’s sank nearly 20% on Tuesday following a report that Apollo Global has withdrawn its offer to take the chain private.… MORE
Amazon-backed eVTOL company Beta Technologies debuts at $34 on NYSE
Beta’s IPO marks a big step for the electric vertical takeoff and landing industry that’s been vying for approval from the Federal Aviation Administration.… MORE
Job openings in October slumped to the lowest level since February 2021, Indeed measure shows
Under normal conditions, the BLS on Tuesday would have reported its monthly Job Openings and Labor Turnover Survey.… MORE
Jim Cramer says this cheap bank is ‘killing it’ — plus, 2 chip stock price target hikes
The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.… MORE
Goldman’s Nachmann warns of ‘deployment pressure’ from explosion of evergreen funds
Evergreen funds are specifically structured to allow for more liquidity, but Marc Nachmann says there’s risk of fund managers deploying too much capital at once.… MORE