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April 19, 2021

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GameStop shares jump after CEO steps down, ‘Roaring Kitty’ raises stake

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CNBC – For more and to sign up click here Shoppers wait for a GameStop store to open on at the Tysons Corner Center, in Tysons, Virginia, November 27, 2020. Hannah McKay | Reuters GameStop rallied on Monday after the brick-and-mortar video game retailer announced its succession plan as it seeks......

Coca-Cola earnings beat, company says demand in March returned to pre-pandemic levels

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CNBC – For more and to sign up click here A worker restocks a display of Coca-Cola Co. soft drinks at a store in Orem, Utah, U.S., on Tuesday, Feb. 9, 2021. George Frey | Bloomberg | Getty Images Coca-Cola is expected to report its first-quarter results before the bell......

There are signs that the buzz around Clubhouse is already fading — but investors aren’t deterred

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CNBC – For more and to sign up click here Clubhouse Drop-in audio chat app logo on the App Store is seen displayed on a phone screen in this illustration photo taken in Poland on February 21, 2021. Jakub Porzycki | NurPhoto | Getty Images Audio app Clubhouse was all......

After a bitcoin crackdown, China now calls it an ‘investment alternative’ in a significant shift in tone

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CNBC – For more and to sign up click here BOAO, China — China’s central bank is now calling bitcoin an “investment alternative” — marking a significant shift in Beijing’s tone after a crackdown on cryptocurrency issuance and trading nearly four years ago. Industry insiders called the comments “progressive” and......

Chile has one of the worlds’ best vaccination rates. Covid is surging there anyway

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CNBC – For more and to sign up click here A health worker administers a dose of the Pfizer-BioNTech vaccine against Covid-19, to a man at the Medalla Milagrosa Church in Valparaiso, Chile, on April 6, 2021. JAVIER TORRES | AFP | Getty Images LONDON — Chile’s vaccination campaign against......

With Biden in the White House, EU officials are pushing hard for a new data-sharing pact with the U.S.

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CNBC – For more and to sign up click here TikTok logo displayed on a phone screen. Nicolas Economou | NurPhoto | Getty Images Officials from the EU and U.S. are “intensifying negotiations” on a new pact for transatlantic data transfers, trying to solve the messy issue of personal information......

China is starting clinical trials of a Covid vaccine that can be inhaled

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CNBC – For more and to sign up click here China’s CanSino Biologics will be starting clinical trials for a Covid-19 vaccine that is administered through inhalation next week, the company’s co-founder and Chief Executive Xuefeng Yu told CNBC on Sunday. Such a vaccine could be more effective than those......

China may test its digital currency with foreign visitors at the 2022 Beijing Winter Olympics

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CNBC – For more and to sign up click here BOAO, China — China is trying to make it possible for foreign athletes and visitors to use its digital currency during the Beijing Winter Olympics in 2022, a top central bank official said on Sunday. It could be the first......

European Super League announced — with 12 football clubs, including six from England

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CNBC – For more and to sign up click here Trent Alexander-Arnold of Liverpool controls the ball during the UEFA Champions League Quarter Final Second Leg match between Liverpool FC and Real Madrid at Anfield on April 14, 2021 in Liverpool, England. Shaun Botterill | Getty Images Sport | Getty......

Stock futures fall in overnight trading after Dow, S&P 500 close at record highs

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CNBC – For more and to sign up click here U.S. stock index futures declined in overnight trading on Sunday, after the S&P 500 and Dow Jones Industrial Average closed at record highs on Friday. Futures contracts tied to the Dow slid 69 points, or 0.2%. S&P 500 futures dipped......

Market bull predicts stocks could surge another 8% by July, but lacks clarity on rest of year

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CNBC – For more and to sign up click here With stocks at all-time highs, one of Wall Street’s biggest bulls is taking his optimism up a notch. Federated Hermes’ Phil Orlando believes the S&P 500 could hit his year-end price target of 4,500 by July, which implies about an 8%......

Want to work in the growing space industry? How one CEO says hiring needs to expand

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CNBC – For more and to sign up click here The growth of space businesses makes this “the most exciting time” to be involved in the industry, but one CEO says private and government organizations must do more to tap the next generation of U.S. workers. “I do think there’s......

Half of U.S. adults have received at least one Covid shot in milestone for vaccination campaign

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CNBC – For more and to sign up click here Dr. Jerry Abraham, director of Kedren Vaccines, right, gives a COVID-19 vaccination to Jose Guzman-Wug, 16, while his mom, Adriana Wug, watches at Kedren Health on Thursday, April 15, 2021 in Los Angeles, CA. Allen J. Schaben | Los Angeles......

White House warns Russia will face consequences if Putin critic Alexei Navalny dies in prison

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CNBC – For more and to sign up click here Russian opposition activist Alexei Navalny makes a heart gesture during a hearing into an application by the Russian Federal Penitentiary Service to convert his suspended sentence of three and a half years in the Yves Rocher case into a real......

‘No one was driving’ in Tesla crash that killed two men in Spring, Texas, report says

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CNBC – For more and to sign up click here Two men died in a Tesla crash in Spring, Texas on Saturday night, and apparently nobody was behind the wheel, according to local police interviewed by reporter Deven Clarke at NBC affiliate KPRC 2. The Tesla vehicle crashed into a......

Climate change is a major factor behind increased migration at U.S. southern border, experts say

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CNBC – For more and to sign up click here Hurricanes Eta and Iota struck Central America last November, bringing torrential rain, flash floods, landslides and crop damage across Honduras, El Salvador, Guatemala and Nicaragua. An estimated 7.3 million people in the region were affected by the twin hurricanes as......

Bitcoin tumbles from recent high as cryptocurrencies take weekend hit

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CNBC – For more and to sign up click here The price of bitcoin tumbled over the weekend and was down as much as 19.5% from record highs posted by the popular cryptocurrency in the past week. Bitcoin dropped as low as $52,148.98 on Sunday morning after reaching an all-time high......

How I learned about investing in stocks — and you can, too

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CNBC – For more and to sign up click here During the coronavirus lockdown, a lot of young people started investing in buzzy stocks like GameStop, and you started hearing how people were making thousands of dollars in one day. It was mind-blowing. But it also proved to be a......

We’re closer to a bitcoin ETF, ‘but we’re not all the way there yet,’ market analyst says

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CNBC – For more and to sign up click here Bitcoin-based exchange-traded funds are closer than ever to becoming a reality, but approval is still a ways away, one market analyst says. The Securities and Exchange Commission is currently reviewing VanEck’s second proposal for a bitcoin ETF. Officials now have......

Workers are a year into collecting unemployment benefits. It’s causing problems

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CNBC – For more and to sign up click here People wait in line at a food distribution site in the South Bronx on March 10, 2021 in New York. Spencer Platt | Getty Images News | Getty Images It’s been about a year since millions of Americans filed for......

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