Stock market today: Live updates
Traders on the floor of the NYSE, July 6, 2023. Source: NYSE Stock futures were little changed Friday, after the S&P 500 and the Nasdaq Composite posted their best day …
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Why Capital One is buying Discover in the biggest merger yet of 2024
Capital One CEO and Chairman, Richard Fairbank. Marvin Joseph| The Washington Post | Getty Images Capital One’s recently announced $35.3 billion acquisition of Discover Financial isn’t just about getting bigger …
Stripe rival soars 21% on profit beat, hiring slowdown
Adyen reported a big miss on first-half sales Thursday. The news drove a $20 billion rout in the company’s market capitalization . Pavlo Gonchar | Sopa Images | Lightrocket | …
Shoppers deal with holiday debt
Pedestrians walk by an advertisement for Klarna. Daniel Harvey Gonzalez | In Pictures via Getty Images When she started shopping for the holidays late last year, Kiki Andersen was struggling …
OpenAI debuts GPT Store, new business tier after leadership fracas
OpenAI is back in action after its leadership tumult, debuting two product and service launches on Wednesday: the GPT Store — OpenAI’s answer to the App Store, which allows users …
Affirm’s stock quintupled this year, beating all tech peers
Drew Angerer / Getty Images A year ago, there was little holiday cheer at Affirm. The point-of-sale lender was confronting rising interest rates, recession fears and weakening consumer spending. Affirm …
Cathie Wood’s highest conviction stock picks for 2024
Ark Invest’s Cathie Wood unveiled her highest conviction stock picks for 2024 as she winds down a banner year with her flagship fund soaring 70%. The innovation investor said her …
Twilio hires Qatalyst to advise on shareholder, activist defense
Jeff Lawson CEO, Twilio Scott Mlyn | CNBC Cloud software developer Twilio has hired Qatalyst Partners, the investment bank founded by Frank Quattrone, to advise on its defense against a …
SumUp defies fintech funding slump with $307 million fundraise
SumUp Chief Financial Officer Hermione McKee said the fresh capital gives the company “more firepower to act on opportunities,” including acquisitions and new country launches. SumUp British payments startup SumUp, …
Top Wall Street analysts are confident about these 3 promising stocks
Salesforce signage outside its office building in New York. Scott Mlyn | CNBC Retail investors are grappling with the gyrations of the stock market as economic data rolls in and …