Peloton Interactive Inc. Stock shares plummeted by 25% Thursday on a report that it’s temporarily halting production of bikes and treadmills due to slowing demand. Trading was halted after shares fell as low as $24.02 Thursday. Even before the latest plunge, they were down 79% in the past 12 months. Watch to get Seth & Paul's take on whether these are the best stocks to buy … [Read more...]
Gene Munster: Microsoft-Activision deal setting up ‘collision course’ with DC lawmakers
Gene Munster, Loup founder and managing partner, joins CNBC's 'Squawk Box' to react to Microsoft's decision to buy Activision Blizzard in a $68.7 billion deal. 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 … [Read more...]
Jim Cramer reacts to Microsoft’s Activision Blizzard deal: It’s genius for both of them
Mad Money host Jim Cramer joins 'Squawk Box' to break down Microsoft's decision to buy gaming giant Activision Blizzard in a $68.7 billion all-cash deal. 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...]
Microsoft to buy Activision Blizzard in $68.7 billion deal
Shares of Activision Blizzard were halted in pre-market trading on Tuesday after Microsoft announced plans to acquire the gaming giant in a $68.7 billion deal. 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 … [Read more...]
Microsoft gaming CEO: We’re confident in timeline for closing Activision Blizzard deal
Activision Blizzard CEO Bobby Kotick and Phil Spencer, Microsoft head of gaming, join 'Squawk on the Street' to break down Microsoft's decision to buy the video gaming company in a $68.7 billion all-cash deal. 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...]
Activision Blizzard CEO Bobby Kotick: Metaverse race helped prompt Microsoft deal
Activision Blizzard CEO Bobby Kotick and Phil Spencer, Microsoft head of gaming, join 'Squawk on the Street' to break down Microsoft's decision to buy the video gaming company for $95 per share. 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: … [Read more...]
Federal student loan payment pause set to end in January
More than 40 million Americans with federal student loans will have to start making payments again starting early next year. CNBC's Sharon Epperson reports. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi In March 2020, the U.S. Department of Education offered the millions of Americans with student loans the option of pressing … [Read more...]
Student loan payments resuming at a bad time, Student Debt Crisis Center says
#StudentLoans #Debt #Student Student Debt Crisis Center Executive Director Cody Hounanian joins Yahoo Finane Live to examine how a majority of people are unprepared to resume paying back their student loans when deferments are set to expire at the end of January 2022. Don't Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH … [Read more...]
Almost nobody is repaying their student loans
#studentloans #studentloanpayments #studentloandebt On the 2020 CARES Act, Congress gave student-loan borrowers a temporary break from repaying their loans. President Trump extended that twice and President Biden once, with loan payments now set to resume Oct. 1, 2021. Borrowers could have kept paying if they wanted to, but almost nobody did. Watch the 2021 Berkshire Hathaway … [Read more...]
Biden administration extends student loan payment pause until May 1
#Biden #studentloans #Bidenadministration Yahoo Finance's Jessica Smith reports on the latest announcement from the Biden administration that the pause on federal student loan repayment has been extended until May. Don't Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: https://youtu.be/Sb179GLPNYE Watch the 2021 Berkshire Hathaway Annual Shareholders … [Read more...]