Family offices see gains after making opportunistic bets on oil

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Dwayne Schnell | 500px Plus | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The Iran war has propelled oil prices to above $94 a barrel, up about 30% […]


PrizePicks gains gaming licenses in Puerto Rico and Maine

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The sports betting company PrizePicks is expanding its reach as it has secured gaming licenses in both Puerto Rico and Maine. The daily fantasy sports operator describes the new additions as “marking a major milestone” in its continued growth. It also becomes the first daily fantasy sports operator to obtain a gaming license in Puerto […]


Stocks Notch Gains After More Tariff Whiplash

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Markets in Asia moved higher on Monday after a weekend that brought more shifts in strategy from President Trump about tariffs. Stocks in Japan rose a little over 1 percent while benchmarks went up 2 percent in Hong Kong and less than 1 percent in mainland China. S&P 500 stock futures, which let investors bet […]


Bitcoin gains as Trump reportedly plans crypto executive order

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Bitcoin rejoined the crypto rally on Friday amid reports that President-elect Donald Trump could soon release an executive order making crypto a national priority. The price of the flagship cryptocurrency was last higher by more than 4% at $104,672.37, according to Coin Metrics. The broader crypto market, as measured by the CoinDesk 20 index, was […]


Tesla shares sink 8%, giving up some gains from post-election pop

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A Tesla Cybertruck is parked outside of a dealership on November 14, 2024 in Austin, Texas. Brandon Bell | Getty Images Tesla shares sank more than 8% on Wednesday, notching their steepest drop since before Donald Trump’s election victory last month, which sparked a sharp rally in the stock. Tesla closed at $440.13, and is […]


Larry Ellison has banner year as Oracle gains most since dot-com boom

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Larry Ellison and Monica Seles and Bill Gates (back row) watch Carlos Alcaraz of Spain play against Alexander Zverev of Germany in their Quarterfinal match during the BNP Paribas Open in Indian Wells, California, on March 14, 2024. Clive Brunskill | Getty Images It’s been a good year for Larry Ellison. Oracle’s co-founder has gained […]