CNBC's Eamon Javers joins 'Power Lunch' to report on the latest update on the car explosion at the U.S.-Canada border. app,business news,cnbc,digital,disrupt,funding,innovation,investors,nasdaq,nyse,online,silicon valley,startup,stock market,tech,techcheck,technology,venture,wall street … [Read more...]
OpenAI board fires CEO Sam Altman in shake-up that surprises Silicon Valley, investors
There was a big shake-up at the company that created the popular and well-known AI system ChatGPT. The board of directors at OpenAI, a leading artificial intelligence company that has major investments from Microsoft, fired it's co-founder and CEO Sam Altman on Friday. CBS News' Jo Ling Kent reports. Each weekday morning, "CBS Mornings” co-hosts Gayle King, Tony Dokoupil and … [Read more...]
Understanding The Rise And Fall Of FTX, FTT And Alameda Research | Forbes
The fall of FTX and Sam Bankman-Fried revealed holes in the crypto space that industry peers, the media, and government officials either chose to overlook or refused to question further. Underneath FTX’s successful veneer was a fragile ecosystem led by young, ambitious founders determined to move mountains under the guise of Effective Altruism - an academic and social movement … [Read more...]
Reversals in dollar and bonds may have sparked rally, says Charles Schwab’s Liz Ann Sonders
Charles Schwab Chief Investment Strategist, Liz Ann Sonders, joins 'Closing Bell' to discuss short-term triggers for the equity market, where to look for signs of stability, and informing purchases with risk-tolerance. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » … [Read more...]
Venture capitalists will see one of their stronger years, SVB’s Greg Becker
Greg Becker, Silicon Valley Bank CEO, joins 'TechCheck' to discuss venture capital. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market futures to … [Read more...]
Silicon Valley Bank: The Tech Start-Up Community’s Bank
Exclusivity in business has its own benefits and drawbacks. For Silicon Valley Bank, it has discovered a windfall in that exclusivity. Primarily serving the Silicon Valley area, Silicon Valley Bank (or SVB Financial Group) has made a name for itself in the industry as a one-stop shop for tech start-ups. And its investing strategy has catapulted it to heights far above its … [Read more...]
Silvergate Capital and Silicon Valley Bank plummet
CNBC's Deirdre Bosa discusses Silvergate Capital and Silicon Valley Bank. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market futures to live … [Read more...]
Supreme Court Justice Stephen Breyer to retire: NBC News
CNBC's Eamon Javers reports on news from the Supreme Court. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC … [Read more...]
How Bank of America Came to Own Merrill Lynch
Analysts have begun to question whether Bank of America can continue to exist as it’s currently constructed. Among other issues, its 2008 acquisition of Merrill Lynch has saddled Bank of America with higher regulatory and compliance burdens compared to smaller and simpler competitors such as Wells Fargo. This podcast was recorded on May 9, 2016. Imagine owning Amazon.com (up … [Read more...]
Peloton represents pandemic-story stock: Ranjan Roy
Ranjan Roy of The Margins, joins 'TechCheck' to discuss a collapse in pandemic and meme stocks. Roy also looks at the high valuation Peloton received. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV … [Read more...]