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Activist fund Starboard helps data center firm Cyxtera close its valuation gap via SPAC merger

14 Aug Stock Analysis

Cyxtera recently debuted on the public markets through a merger with Starboard Value Acquisition Corp., a special purpose acquisition…

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Two unlucky stocks over the past month could be due for a rebound, traders say

13 Aug Stock Analysis

It’s Friday the 13th, and CNBC’s “Trading Nation” went looking for some of the unluckiest stocks on Wall Street….

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Reddit, fresh off a $10 billion valuation, plans a strong international push, CEO says

13 Aug Stock Analysis

Reddit CEO Steve Huffman told CNBC it will use the funds from a new $700 million fundraising round to further…

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Chime raises $750 million, earns big jump in valuation as another fintech moves closer to IPO

13 Aug Stock Analysis

Chime has raised a fresh $750 million that values the fintech company at $25 billion — a $10 billion…

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Mark Cuban says dogecoin is the ‘strongest’ cryptocurrency as a medium of exchange – CNBC

13 Aug Business

Though many consider dogecoin to be a joke, billionaire investor Mark Cuban said it has a unique use case…

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The rally in recovery-focused stocks could depend on consumers and the Fed in the week ahead

13 Aug Stock Analysis

Investors have been dipping into cyclical and value stocks. The question is will that continue as markets face Fed…

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Supply-chain delays and skyrocketing shipping costs hit Cort furniture leasing company hard

13 Aug Stock Analysis

Berkshire Hathaway’s Cort says shipments have been months behind schedule amid delays at ports and competition for products.

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Dr. Scott Gottlieb expects coronavirus to be an ‘endemic’ virus in U.S. after delta surge – CNBC

13 Aug Business

Dr. Scott Gottlieb told CNBC on Friday that the coronavirus in the U.S. will become an endemic virus after…

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As crude oil breaks below $69, traders reveal their outlook for energy’s next move

13 Aug Stock Analysis

Matt Maley of Miller Tabak and John Petrides of Tocqueville Asset Management discuss their outlook on the oil and…

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Stocks making the biggest moves midday: Disney, Airbnb, Honest Company and more – CNBC

13 Aug Business

These are the stocks posting the largest moves in midday trading.

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