Philippe Laffont, founder and portfolio manager of Coatue Management, speaks during CNBC’s Delivering Alpha event in New York City on Nov. 13, 2025. Adam Jeffery | CNBC Hedge fund manager Philippe Laffont sounded a stark warning about the state of the U.S. IPO market, arguing that the ecosystem for taking companies public has deteriorated significantly….
Tan Su Shan, deputy chief executive officer and managing director of institutional banking at DBS Group Holdings Ltd., speaks during a news conference in Singapore, on Wednesday, Aug. 7, 2024. DBS picked Tan Su Shan as deputy to Chief Executive Officer Piyush Gupta, setting the stage for her to eventually become the first woman to…
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching on Thursday and what’s on the radar for Friday’s session. The November drop The Russell…
The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025. Issei Kato | Reuters Shares of SoftBank Group plunged over 8% on Friday, marking its third straight day of selloff after the Japanese giant said it had sold its entire stake in U.S. chip giant Nvidia for $5.83 billion. SoftBank disclosed in its…
Stephen Curry #30 of the Golden State Warriors looks on during the game against the Sacramento Kings during the 2024 Play-In Tournament on April 16, 2024 at Golden 1 Center in Sacramento, California. Rocky Widner | National Basketball Association | Getty Images Under Armour and Stephen Curry have mutually agreed to end their 13-year partnership…
Kathy Ruemmler, former White House Counsel, appears on “Meet the Press” in Washington, D.C., Sunday, June 29, 2014. William B. Plowman | NBC Newswire | NBCUniversal | Getty Images Goldman Sachs on Thursday strongly backed its top lawyer, Kathy Ruemmler, a day after a congressional committee released her chummy emails with notorious sex offender Jeffrey…
President Donald Trump is blaming the meat packers and U.S. cattlemen for rising beef prices, but the tariffs on beef from Brazil, Australia, New Zealand, Uruguay, feed, farm equipment and machinery are all adding to the price surge. The United States is a big buyer of Australian, Brazilian, and New Zealand beef exports. Brazil is…
Nike is a growing Street favorite as more analysts join Jim Cramer in signalling confidence in CEO Elliott Hill’s efforts to turn around the struggling iconic brand. Wells Fargo upgraded Nike to a buy from a hold on Thursday, citing improved visibility into Nike’s future. The analysts also raised their price target to $75 per…
The fall auction sales in New York next week are expected to top $1.4 billion, marking a 50% increase from last year and a potential rebound for the art market after three years of declines, according to art experts. A star-studded lineup of famous trophy works — from a $150 million Gustav Klimt portrait to…
Rivian CEO RJ Scaringe could personally earn up to $4.6 billion over the next decade if the electric automaker hits specific profit and share price targets laid out in a new compensation package recently approved by his company’s board of directors. The potential payout, which is earning comparisons to Elon Musk’s Tesla pay plan, likely…
