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In the 1983 film Trading Places, two wealthy brothers set out to rig the commodities market by getting their hands on a secret government crop report. Eddie Murphy’s character uses that stolen preview to trade ahead of everyone else and cash in big. Moviegoers were meant to see it as brazen and clearly illegal. Except […]
Shares of Bob’s Discount Furniture barely budged on the New York Stock Exchange on Thursday after the company priced its initial public offering at $17 per share. That price was within Bob’s expected range of $17 to $19 per share and valued the company at about $2.22 billion. The stock, trading on the NYSE under […]
Versant Media Group, the portfolio of cable TV networks and digital assets spun off by Comcast, joined the small cohort of public media companies Monday as the industry reckons with ongoing disruption. Versant began trading on the Nasdaq under the ticker symbol “VSNT,” opening at $45.17 per share. The company’s so-called when-issued stock — a […]
Row of single-family detached houses in Alexandria, Virginia. Grace Cary | Moment | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors […]
Mikie Sherrill, once comfortably ahead in the New Jersey governor’s race, has been getting plenty of attention over her stock trading lately, and not in a good way. Her fellow lawmakers should take note if they also have aspirations for higher office. The Democratic New Jersey congresswoman seemed like a shoo-in to succeed Phil Murphy […]
Trading cards of the game “Magic” are located in a shop where a “Magic” tournament is taking place. Frank Rumpenhorst | picture alliance | Getty Images As screentime soars and technology races ahead, a low-tech pastime is back in a big way: collecting trading cards. The cardstock depicting everything from NFL standouts to Pokémon and […]
Pakistan’s cybercrime agency has released a list of gambling entities, trading platforms, and apps that it considers illegal entities. The National Cyber Crime Investigation Agency (NCCIA) has compiled the forty-six named applications, sites, and platforms as it believes they are a risk to users and their data. NCCIA publishes a list of banned operators Aviator […]
A protégé of former junk bond king Michael Milken was sentenced on Monday to 3-1/2 years in prison for insider trading at a healthcare company he once led, over his use of a trading plan designed to protect executives against that crime. Terren Peizer, 65, the founder and former chief executive of Ontrak, was sentenced […]
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during a Bloomberg Television interview on the sidelines of the JPMorgan China Summit in Shanghai, China, on Thursday, May 22, 2025. Qilai Shen | Bloomberg | Getty Images Once a laggard in the online investing game, JPMorgan Chase now believes it is a leader. The […]
Jensen Huang, co-founder and CEO of Nvidia, during the Computex conference in Taipei, Taiwan, on May 20, 2025. Annabelle Chih | Bloomberg | Getty Images Nvidia shares jumped in premarket trading on Thursday after posting a positive set of earnings, sparking a rally in global semiconductor stocks. Shares of Nvidia were 5.22% higher at 05:06 […]
