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☆ Recasting the upcoming GameStop movie: Here's who should play Ken Griffin, Steve Cohen, and the rest of the gang
  + stars: | 2023-04-27 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +6 min
Wall Street is getting the Hollywood treatment again. - Paul Giamatti as AMC's Adam Aron (This guy knows his way around Wall Street.) For more on the upcoming GameStop movie, including who is set to play the "pot-smoking retail trader," click here. Here's why the rest of Wall Street might be motivated to help First Republic. Meet the new generation of the ultra-rich on Wall Street.
☆ TikTok's regulatory scrutiny may be an opportunity for Meta, says Mighty Capital's SC Moatti
  + stars: | 2023-04-26 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTikTok's regulatory scrutiny may be an opportunity for Meta, says Mighty Capital's SC MoattiBernstein's Mark Shmulik and Mighty Capital's SC Moatti, join 'Closing Bell: Overtime' to discuss META earnings as the company posted better-than-expected revenue.
☆ Royal castles to luxury getaways: How to spend King Charles III's coronation weekend
  + stars: | 2023-04-26 | by ( Karen Gilchrist | Rob Goss | ) www.cnbc.com   time to read: +7 min
The king has pledged a more scaled-back affair than that celebrated by his mother, the late Queen Elizabeth II, in 1953. Here's CNBC Travel's top picks for how to spend the coronation weekend. Watch the ceremonial processionThe coronation will take place at Westminster Abbey on May 6 in a service conducted by the Archbishop of Canterbury. Buckingham Palace, London residence of the reigning monarch of the United Kingdom, is open for tours outside of the coronation weekend. Picnic in the Royal ParksLondon's Royal Parks offer a more low-key way to absorb the royal atmosphere over the coronation weekend.
☆ Microsoft operating on all cylinders, says Requisite Capital's Bryn Talkington
  + stars: | 2023-04-26 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMicrosoft operating on all cylinders, says Requisite Capital's Bryn TalkingtonGeorge Seay, Annandale chairman and co-founder, and Bryn Talkin gton, Requisite Capital Management managing partner, joins 'Closing Bell' to discuss Seay's expectations for the rest of the earnings season, what will be an important measurement for Meta and potential read throughs from Microsoft's earnings.
☆ Watch CNBC's full interview with EMJ Capital's Eric Jackson
  + stars: | 2023-04-26 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with EMJ Capital's Eric JacksonJulian Emanuel, Evercore ISI senior managing director, joins 'Squawk on the Street' to discuss why tech earnings could surprise the upside, Jackson's thoughts on the small to mid-cap tech stocks, and more.
☆ There's a clear distinction in earnings between big tech and the rest: EMJ Capital's Eric Jackson
  + stars: | 2023-04-26 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's a clear distinction in earnings between big tech and the rest: EMJ Capital's Eric JacksonJulian Emanuel, Evercore ISI senior managing director, joins 'Squawk on the Street' to discuss why tech earnings could surprise the upside, Jackson's thoughts on the small to mid-cap tech stocks, and more.
☆ Cramer's First Take: Getty Images is a 'steal' at $10 per share
  + stars: | 2023-04-24 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCramer's First Take: Getty Images is a 'steal' at $10 per shareCNBC’s Jim Cramer shares his thoughts on Trillium Capital's proposal to buy Getty Images, Coca-Cola's Q1 earnings results, and more.
☆ VCs are scrambling to invest in AI startups in Y Combinator's latest class: 'There's hysteria for a reason'
  + stars: | 2023-04-24 | by ( Stephanie Palazzolo | Madeline Renbarger | ) www.businessinsider.com   time to read: +5 min
VCs are scrambling to back the AI startups in Y Combinator's latest batch. Several generative AI startups have already secured funding from top firms, sources say. And while valuations are down across the board, YC AI startups are still hot. Startups focused on AI, and generative AI specifically, which saw a substantial jump in the latest batch, were some of the most highly sought after by investors. An AI feeding frenzyVC buzz was common across generative AI startups both in the application and infrastructure layers.
☆ Sudanese help one another find medicine, water as state collapses
  + stars: | 2023-04-23 | by ( Mai Shams El-Din | ) www.reuters.com   time to read: +4 min
Elsewhere, individuals have used technology to match local stocks of food, fresh water and medicine to neighbourhoods in need. It mobilised a team of surgeons and other medics, reopened a local health centre for urgent cases and set up a hotline for less urgent ones. It has handled at least 25 medical cases since the fighting began, Surketty said. With most of Khartoum's hospitals shut down, and the few still open offering only limited services, medical needs have been intense. They're not meant to be treated using Telehealth, they actually need to go to a hospital," Mujtaba said.
☆ Under Lisbon's streets, ancient Roman galleries tell story of the past
  + stars: | 2023-04-22 | by ( ) www.reuters.com   time to read: +1 min
[1/5] View of Roman galleries under downtown is seen in Lisbon, Portugal, April 20, 2023. The city remained under Roman control for several centuries. The galleries were first discovered in 1771, when Lisbon was being rebuilt after the devastating Great Earthquake of 1755. Tickets to visit the galleries usually sell out within 15 minutes. Reporting by Catarina Demony, Miguel Pereira and Pedro Nunes in Lisbon; Editing by Matthew LewisOur Standards: The Thomson Reuters Trust Principles.
☆ 'Queen Charlotte': 'Bridgerton' character gets her own spin-off
  + stars: | 2023-04-21 | by ( Natasha Mulenga | ) www.reuters.com   time to read: +2 min
REUTERS/Maja SmiejkowskaLONDON, April 21 (Reuters) - Regency-era London took over the British capital's Leicester Square on Friday as the "Queen Charlotte" cast premiered the first spin-off from hit Netflix (NFLX.O) period drama "Bridgerton" dedicated to the fan favourite character. "Queen Charlotte: A Bridgerton Story" is an origin story of the "Bridgerton" monarch, explaining her rise to power and love life. With two timelines, Golda Rosheuvel reprises her "Bridgerton" role as the monarch while India Amarteifio plays the young Queen Charlotte. Showrunner Shonda Rhimes, also behind "Bridgerton", said it was "very exciting" to make Queen Charlotte the centre of her own story. "Queen Charlotte" begins streaming on May 4.
☆ The market's gotten ahead of itself pricing in a dovish Fed, says Verdence Capital's Horneman
  + stars: | 2023-04-21 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe market's gotten ahead of itself pricing in a dovish Fed, says Verdence Capital's HornemanMegan Horneman, Verdence Capital Advisors CIO, joins 'Power Lunch' to discuss the short-term market pessimism, how investors should consider the earnings thus far, and more.
☆ Elon Musk had a rough week across his empire — Tesla, Twitter and SpaceX
  + stars: | 2023-04-21 | by ( Lora Kolodny | ) www.cnbc.com   time to read: +5 min
The investors are particularly concerned with Musk and Tesla's handling of human rights and workers' rights. Their letter recounts many lawsuits in which Tesla has been sued over: racial discrimination, union-busting, wage theft, sexual harassment and unsafe working conditions. "Instead of working to address problems with regulators, CEO Musk has made derogatory tweets and comments, fueling tensions," they wrote. The open letter to Tesla's board comes after Tesla shares have declined more than 15% over the past month. Musk-led Twitter also removed "government-funded" and "China state-affiliated" labels from Twitter accounts of a myriad of global media organizations.
☆ Workday tops Just Capital's list of greenest companies in 2023
  + stars: | 2023-04-21 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWorkday tops Just Capital's list of greenest companies in 2023CNBC's Diana Olick reports on Just Capital's Just 100 annual climate ranking.
☆ Residents of Sudan's capital seek perilous escape as war shatters holiday
  + stars: | 2023-04-21 | by ( Mariam Rizk Khalid Abdelaziz | Mariam Rizk | Khalid Abdelaziz | ) www.reuters.com   time to read: +5 min
This year, those who can are making a frantic escape from Khartoum, driven out by war. Both sides in the conflict agreed to a ceasefire but it was not immediately clear when it would begin. Ahmed Mubarak, 27, said he felt "extreme anxiety" after the violence erupted on April 15 and before he decided to leave Khartoum on Thursday, taking with him only the clothes he was wearing. Makram Waleed, a 25-year-old doctor, was hoping to leave Khartoum with his family but was worried about the dangers to his three younger sisters. And if we leave, will we be able to go back to our house and our lives in Khartoum?
☆ A.I. is inherently deflationary: Contrast Capital's Ron Insana
  + stars: | 2023-04-21 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA.I. is inherently deflationary: Contrast Capital's Ron InsanaRon Insana, Contrast Capital partners co-CEO, joins 'CNBC's 'Power Lunch' to discuss the implications of artificial intelligence in finance, how much Amazon is a bellwether for deflationary impacts from A.I., and more.
☆ US space industry funding drops 53% in Q1, hitting 8-year low - report
  + stars: | 2023-04-20 | by ( Akash Sriram Tanya Jain | Akash Sriram | Tanya Jain | ) www.reuters.com   time to read: +2 min
The steep drop in fresh capital has left many companies in a vulnerable state, while the failure of Silicon Valley Bank, a leading provider of venture debt, has added to the challenge, a report by venture capital (VC) firm Space Capital said on Thursday. Space Capital's report, coming on the heels of a Chapter 11 filing from Richard Branson's Virgin Orbit Holdings Inc, tracked 89 companies active in the sector. The risk threshold to invest in space companies was much higher earlier, but given recent market uncertainty, investors may not be as risk-loving and space being a nascent sector, many are dialing back, Deutsche Bank analyst Edison Yu told Reuters separately. However, Space Capital added that companies in emerging industries, like those associated with the National Aeronautics and Space Administration's Artemis mission to the Moon are seeing an increased interest. Reuters GraphicsReporting by Akash Sriram and Tanya Jain in Bengaluru; Editing by Nivedita BhattacharjeeOur Standards: The Thomson Reuters Trust Principles.
☆ Dominion Voting owner says Fox held accountable even without apology
  + stars: | 2023-04-20 | by ( Svea Herbst-Bayliss Helen Coster | Svea Herbst-Bayliss | Helen Coster | ) www.reuters.com   time to read: +5 min
NEW YORK, April 20 (Reuters) - The co-head of the private equity firm that owns Dominion Voting Systems said the company's $787.5 million settlement with Fox Corp (FOXA.O) held Fox accountable for spreading lies even if it did not apologize or admit wrongdoing. The settlement came with no apology or admission of wrongdoing on behalf of Fox, just an acknowledgement of the court's rulings finding some claims about Dominion to be false. Dominion and Staple Street achieved their goals by exposing the truth and Fox News' "offensive" actions and getting the media company to pay for them, Yaghoobzadeh said. In a statement following Tuesday's settlement, Fox said it was committed to the highest journalistic standards. Dominion funded the litigation through its own resources, without Staple Street or a third party providing financial backing, Yaghoobzadeh said.
☆ Tesla's price cuts are coming from a position of strength: EMJ Capital's Jackson
  + stars: | 2023-04-19 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla's price cuts are coming from a position of strength: EMJ Capital's JacksonEric Jackson, EMJ Capital, joins 'Closing Bell' to discuss Jackson's thoughts on Tesla's upcoming quarterly earnings results, if the company's done with price cuts and more.
☆ The investor behind Dominion Voting Systems just bagged a 1,400% return after Fox News settled its defamation suit for $788 million
  + stars: | 2023-04-19 | by ( Matthew Fox | ) www.businessinsider.com   time to read: +3 min
Dominion Voting Systems on Tuesday settled a defamation lawsuit with Fox News for $787.5 million. Staple Street Capital purchased a 76% stake in the voting technology company in 2018 for $38.8 million. Dominion initially sought $1.6 billion in damages from Fox News, but settled for about half that amount. The potential gain for Staple Street from the Dominion/Fox News lawsuit was on the radar of employees at the investment firm. For us this case has always been about exposing the truth and holding those who knowingly spread lies accountable," Staple Street co-founder Hootan Yaghoobzadeh said at a Tuesday press conference.
☆ 'We feel good' keeping Fox accountable and exposing the truth: Staple Street Capital's Yaghoobzadeh
  + stars: | 2023-04-19 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'We feel good' keeping Fox accountable and exposing the truth: Staple Street Capital's YaghoobzadehHootan Yaghoobzadeh, co-founder of Staple Street Capital, the private equity firm that owns Dominion Voting Systems, joins CNBC's Eamon Javers on 'Squawk Box' to discuss Fox's $787.5 million settlement with the company and what it plans to do with the money.
☆ Roth Capital's Craig Irwin doesn't believe Tesla demand is as strong as Musk claims
  + stars: | 2023-04-19 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRoth Capital's Craig Irwin doesn't believe Tesla demand is as strong as Musk claimsCraig Irwin, Roth Capital senior analyst, joins 'Closing Bell: Overtime' to discuss Tesla after the company reported earnings.
☆ Mexico nabs, swiftly deports MS-13 gang leader to El Salvador
  + stars: | 2023-04-18 | by ( ) www.reuters.com   time to read: +2 min
Jose Wilfredo Ayala, 55, was arrested after a tip from a neighbor, according to the Mexican capital's security ministry. The ministry said it had discovered Ayala - believed to be second-in-command of the gang commonly known as MS-13 - was using a false identity and hiding in Mexico City and in two areas a short drive north in Hidalgo state. An official with Mexico's national immigration institute INM told Reuters later on Tuesday that Ayala had already been deported to his native El Salvador, but did not provide further detail. El Salvador's justice and security ministry did not immediately respond to a request for comment on Ayala's capture. Reporting by Nelson Renteria in San Salvador; Additional reporting by Lizbeth Diaz in Mexico City; Writing by Brendan O'Boyle; Editing by David Alire Garcia and Lincoln FeastOur Standards: The Thomson Reuters Trust Principles.
☆ Britain seeks to boost banking services from fintechs
  + stars: | 2023-04-17 | by ( Huw Jones | ) www.reuters.com   time to read: +3 min
"While significant progress has been made, there is more to be done to deliver the full benefits of open banking within retail banking markets, and beyond," the statement said. The recommendations from regulators will keep up momentum in open banking and extend its benefits to other sectors, said Marion King, chair of Open Banking Limited, which checks on whether the nine banks comply with open banking rules on customer data. Britain is keen to push open banking to the next stage following Brexit to attract more fintechs to set up in Britain as the European Union is poised to compete with its own version of open banking. The data protection draft law, now going through parliament, will be used to put open banking on a sustainable footing, Griffith said. "We now need to see proportionate regulation," said Janine Hirt, CEO of Innovate Finance, the UK fintech industry body.
☆ Torch Capital's founder has some advice for startup founders: Down rounds aren't such a bad thing right now. Here's why.
  + stars: | 2023-04-17 | by ( April Joyner | ) www.businessinsider.com   time to read: +3 min
Jonathan Keidan founded VC firm Torch Capital, which backed Ro and recently raised $200 million. Good founders will opt for down rounds over deal terms that could come back to bite, he says. As venture capital funding plummets and investors tighten their purse strings, Jonathan Keidan has a word of advice to startup founders: It's OK to take a down round. Most of the founders Torch has backed, Keidan said, are still steering clear of the relatively sluggish market. "You can roll up your sleeves and really help them, which has been critical in this environment," Keidan told Insider.
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