Investing

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The SpaceX Falcon 9 rocket and Crew Dragon capsule stand upright on the launchpad at NASA’s Kennedy Space Center ahead of the Demo-2 launch. Elon Musk’s SpaceX denounced a subpoena from the Department of Justice for its corporate hiring records, saying in a court filing that the investigation by the federal agency’s Immigrant and Employee
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The row of two-story tall 3D printer bays at the company’s headquarters. Relativity Space The founders of two private rocket-building companies met today – one, the richest person on Earth; the other, leader of a venture pushing the boundaries of manufacturing. Jeff Bezos stopped by the gleaming new “factory of the future” of Relativity Space
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Virgin Galactic leaders in front of the New York Stock Exchange, from left: CEO George Whitesides, founder Richard Branson and Chairman Chamath Palihapitiya. Virgin Galactic Billionaire investor Chamath Palihapitiya, the chairman of Virgin Galactic who took the company public through a SPAC deal in 2019, sold his remaining personal stake earlier this week, a securities
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Yellow Dog Prod. | Image Bank | Getty Images After a wild final week of a volatile month, it’s becoming increasingly clear that something is spooking investors. That something is the potential for a surge in inflation later this year.  Investors are justifiably concerned that the combination of sustained Fed interest-rate suppression and trillions in
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A sign outside of a facility occupied by TreeHouse Foods in Brantford, Ontario, Canada. Kristoffer Tripplaar | SIPA USA | AP Company: TreeHouse Foods Inc. (THS) TreeHouse Foods Inc. of Oak Brook, Illinois manufactures consumer packaged food and beverages, including a range of shelf-stable, refrigerated, fresh and frozen products. Its product categories include beverages, salad
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Adam Jeffery | CNBC After experiencing unusually broad market momentum since November, stocks are overdue for a lengthy pause or a correction. Stock picking will matter from here as the economic reopening determines different winners and losers. According to a team of J.P. Morgan strategists, “it wouldn’t be surprising to witness consolidation” given the current
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Carl Icahn at the 6th annual CNBC Institutional Investor Delivering Alpha Conference on September 13, 2016. Heidi Gutman | CNBC Company: Bausch Health Companies Inc. (BHC) Bausch Health Companies Inc, formerly Valeant Pharmaceuticals International Inc, is a Canada-based company that develops, manufactures and markets a range of branded and generic pharmaceuticals, medical devices and over-the-counter
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Outgoing Federal Reserve Chair Janet Yellen holds a news conference after a two-day Federal Open Market Committee (FOMC) meeting in Washington, U.S. December 13, 2017. Jonathan Ernst | Reuters Treasury Secretary Janet Yellen told CNBC on Thursday that there could be parts of the U.S. stock market in which investors should exercise caution. In an
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Starship prototype SN9 launches from the company’s development facility in Boca Chica, Texas. SpaceX SpaceX completed another monster equity funding round of $850 million last week, people familiar with the financing told CNBC, sending the company’s valuation skyrocketing to about $74 billion. The company raised the new funds at $419.99 a share, those people said
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Source: AppHarvest Company: AppHarvest Inc. (APPH) The agriculture technology company focuses on building an indoor farm in Appalachia. The company combines agricultural techniques with cutting-edge technology and including access for all to nutritious food, farming and building a homegrown food supply. The company operates a 60-acre controlled environment, agriculture facility in Morehead, Kentucky, which grows
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If anybody on Wall Street is due a victory lap, it’s Daniel Pinto. The head of JPMorgan Chase‘s massive corporate and investment bank is fresh off a year for the record books: Pinto’s business produced $49.3 billion in revenue and $17.1 billion in profit in 2020, more earnings than JPMorgan’s three other divisions combined. But
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Robinhood was sued Monday for wrongful death by the family of Alex Kearns, a 20-year-old customer who took his life last summer after believing he had racked up big losses on the millennial-favored stock trading app. “This case centers on Robinhood’s aggressive tactics and strategy to lure inexperienced and unsophisticated investors, including Alex, to take