It’s ‘liquidity, stupid’: VCs say tech investing is tough amid IPO lull and ‘nuts’ AI hype

Edith Yeung, general partner at Race Capital, and Larry Aschebrook, founder and managing partner of G Squared, speak during a CNBC-moderated panel at Web Summit 2024 in Lisbon, Portugal.Rita Franca | Nurphoto | Getty ImagesLISBON, Portugal — It’s a tough time...

Britain’s car finance industry is in crisis – with banks bracing for billions in payouts

View looking towards the Royal Exchange and in the City of London where the glass architecture of the tower 22 Bishopsgate disappears into mist on 6th November 2024 in London, United Kingdom.Mike Kemp | In Pictures | Getty ImagesBritain’s motor finance industry...

Chinese AI startup takes aim at OpenAI’s Sora with image-to-video tool launch

Pictured here is an AI-generated clip from Vidu’s website. The tool can create videos from text or image prompts.Evelyn Cheng | CNBCBEIJING — Beijing-based Shengshu Technology on Wednesday said that its artificial intelligence-powered text-to-video tool Vidu...

Stocks making the biggest moves after hours: Ibotta, Cisco Systems, CNH Industrial and more

Check out the companies making headlines in extended trading: CNH Industrial — Shares popped nearly 8% after Greenlight Capital’s David Einhorn at CNBC’s Delivering Alpha conference told attendees he took a medium-sized position in the agricultural...

Stocks making the biggest moves midday: Rivian, Cava, Rocket Lab, Amgen and more

Check out the companies making headlines in midday trading: Charter Communications , Liberty Broadband — Cable operator Charter Communications agreed to acquire Liberty Broadband in an all-stock deal. Charter shares rose 3.6%, while Liberty Broadband slid about 5%....

Stocks making the biggest moves premarket: Cava, Spotify Technologies, Rocket Lab and more

Check out the companies making headlines before the bell: Cava — The fast-casual restaurant chain surged nearly 19% after third-quarter results exceeded analysts’ expectations. Earnings of 15 cents per share topped the 11 cent consensus estimate from analysts...

Banks are reporting a tenfold surge in digital scams, cybersecurity firm BioCatch says

Leylaynr | E+ | Getty ImagesU.S. and Canadian banks reported a tenfold surge in digital scams this year as criminals flock to techniques that rely on duping customers into sending them money, according to cybersecurity firm BioCatch.The sharp rise in reported scams...

Stocks making the biggest moves after hours: Spotify Technology, Cava, Rivian Automotive and more

Check out the companies making headlines in extended trading. Spotify Technology – Shares of the music-streaming service jumped about 8%. Total monthly active users for the third quarter came in at 640 million, reflecting an 11% jump from a year earlier and beating...

Stocks making the biggest moves midday: Shopify, Honeywell, GE Vernova, Twilio and more

Check out the companies making headlines in midday trading. Shopify — Shares surged 21% after the e-commerce platform operator posted third-quarter operating income of $283 million, higher than the $122 million in the same quarter a year ago. Shopify’s $2.16...

Hedge funds performed better under Democratic presidents than Republican ones, history shows

Traders work on the floor of the New York Stock Exchange. NYSEThere’s been a rush of enthusiasm on Wall Street regarding Donald Trump’s election win, but hedge funds actually generate more alpha when the White House is occupied by a Democrat president...