Twitter Shares Jumps 12% After Elon Musk Offers $54.20 a Share Buyout
(CNBC) Shares of social media giant Twitter rose more than 12% in premarket on Thursday after biggest shareholder Elon Musk offered to take it private at $54.20 a share. Musk…
BBBY Jumps 97% After Gamestop Chairman Says He Owns Almost 10% Stake
(CNBC) Bed Bath & Beyond stock rose more than 97% on Monday premarket after GameStop chairman Ryan Cohen revealed he owns almost 10% of the retailer. The investment, held through…
CNBC to Track Stocks Popular With Millennials and Gen. Z With a New Index
(CNBC) CNBC has announced the launch of the next generation index for tracking stocks popular among young people and budding investors. The CNBC Next Generation 50 Index will be a…
U.S. Sanctions Equipment Sales to China’s SMIC. Huawei hurt again
American suppliers to China’s biggest chipmaker SMIC will require a license to sell particular equipment, according to CNBC. The U.S. explains move due to “unacceptable risk” that the equipment may…