Will 2025 finally mark the end of the IPO drought? newsthirst.
Nasdaq president Nelson Griggs discusses the decline of companies going public and when the incentive for initial public offerings will return.
Finance News
Read More
Bitcoin, crypto to drive Nasdaq 100 gains instead of Big Tech argument newsthirst.
The tech-driven Nasdaq 100 may be undergoing a historic shift as it turns 40 this week. According to Strategas Securities’ Todd Sohn, cryptocurrency companies could fuel the next wave of gains. “Bitcoin is to crypto as the QQQ … is to technology type stocks,” the firm’s exchange-traded fund and technical strategist told CNBC’s “ETF Edge” this week. “Bitcoin is…
Nvidia CEO Jensen Huang to meet with Trump at White House newsthirst.
Nvidia CEO Jensen Huang is in Washington, D.C., and will be meeting with President Donald Trump on Friday afternoon, CNBC has confirmed. The main topic Huang and Trump are expected to discuss is U.S. artificial intelligence policy, according to people familiar with the matter who asked not to be named because they weren’t authorized to…
Plane crashes near mall in Philadelphia newsthirst.
First responders work the scene after what witnesses say was a plane crash in Philadelphia, Friday, Jan. 31, 2025. Matt Rourke | AP A private jet carrying at least two people crashed near a mall in northeast Philadelphia on Friday evening, the Federal Aviation Administration said. Video showed smoke and fire in the area of…
NASA becomes latest federal agency to block China’s DeepSeek newsthirst.
Firdous Nazir | Nurphoto | Getty Images NASA is the latest federal agency to ban use of China’s DeepSeek AI technology by employees and block access to the platform from its systems, CNBC has learned. In a memo on Friday to all NASA personnel from the agency’s chief artificial intelligence officer, employees were informed that…
FAA to restrict helicopter traffic near D.C. airport after plane crash newsthirst.
The air traffic control at Ronald Reagan Washington National Airport is pictured, in the aftermath of the collision of American Eagle flight 5342 and a Black Hawk helicopter that crashed into the Potomac River, with the Capitol dome in the background, as seen from Virginia, U.S., January 30, 2025. Evelyn Hockstein | Reuters The Federal…
Trump Media gifts DJT shares to FBI pick Kash Patel newsthirst.
Kash Patel, U.S. President Donald Trump’s nominee to be director of the FBI, looks on as he testifies before a Senate Judiciary Committee confirmation hearing on Capitol Hill in Washington, U.S., January 30, 2025. Evelyn Hockstein | Reuters Trump Media this week gifted thousands of shares of company stock to President Donald Trump’s nominee for…
WNBA files for ‘Detroit Shock’ trademark as city bids for team newsthirst.
The Renaissance Center (complex of skyscrapers with the Chrevrolet sign) by the Detroit River. Roberto Machado Noa | Lightrocket | Getty Images As cities around the country vie for the next WNBA team, the league quietly filed a trademark application this week for the name “Detroit Shock.” The filing, dated Thursday, notes the intended use…
Chevron calls Gulf of Mexico the Gulf of America after Trump order newsthirst.
Offshore workers examine hydrocarbon samples aboard the Chevron Corp. Jack/St. Malo deepwater oil platform in the Gulf of Mexico off the coast of Louisiana, U.S., on Friday, May 18, 2018. Luke Sharrett | Bloomberg | Getty Images Energy giant Chevron used the phrase “Gulf of America” repeatedly in its earnings release Friday, adhering to a…
Commerzbank touts record profit, launches buyback as it wards off UniCredit newsthirst.
A “mild recession” is on the cards, according to Commerzbank CEO Manfred Knof. Picture Alliance | Picture Alliance | Getty Images Commerzbank on Friday unexpectedly released quarterly results, touting “record” annual profit and announcing a new share buyback scheme. The bank said it achieved a 20% increase in net profit to 2.68 billion euros ($2.78…