Catherine Wood, chief executive officer of ARK Investment Management LLC, speaks during the Bitcoin 2022 conference in Miami, Florida, U.S., on Thursday, April 7, 2022.Eva Marie Uzcategui | Bloomberg | Getty ImagesCathie Wood's ARK Invest has taken a stake in Elon Musk's startup xAI as she deepens her big bet...
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Stocks making the biggest moves after hours: Salesforce, UiPath, Capri, Pure Storage and more
The logo for Salesforce is displayed on the Salesforce Tower in New York City on March 7, 2019.Brendan Mcdermid | ReutersCheck out the companies making headlines in extended trading:Salesforce โ Shares plunged more than 14% after first-quarter revenue of $9.13 billion missed consensus estimates of $9.17 billion, according to LSEG....
Global debt has grown to $315 trillion this year โ here’s how we got here
The world is mired in $315 trillion of debt, according to a report from the Institute of International Finance.This global debt wave has been the biggest, fastest and most wide-ranging rise in debt since World War II, coinciding with the Covid-19 pandemic."This increase marks the second consecutive quarterly rise and was primarily driven...
The 10 books the rich will be reading this summer
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your inbox.Today's workaholic wealthy rarely have time to sit back and read a good book โ except maybe...
Shaking seats and piped-in fog: How 4DX is carving out a niche moviegoing market
Chris Hemsworth stars as the villainous Dementus in Warner Bros.' "Furiosa: A Mad Max Saga."Warner Bros. DiscoveryIn George Miller's new Mad Max film "Furiosa," a red paint flare explodes and casts the theater screen in a saturated crimson cloud.Feet away, among the rows of gyroscopic 4DX chairs, plumes of fog...