Tech's latest IPOs are getting demolished, with Robinhood, Rivian, UiPath down over 70% from offer price
An ETF that tracks the most recent IPOs has lost almost 60% of its value since reaching a high in September.
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10-year Treasury yield rises to its highest level since November 2018
The 10-year U.S. Treasury yield hit above 3.2% on Monday morning, as investor focus remained on inflation and economic slowdown concerns.
Palantir closes down 21% on weak revenue guidance, earnings miss
Palantir said there is a "wide range of potential upside" to its guidance "including those driven by our role in responding to developing geopolitical events."
Watch now: ETF Edge on NOT trying to outrun volatility - momentum investing using baskets of ETFs
U.S. will limit next-generation Covid vaccines to high-risk people this fall if Congress doesn't approve more funding
The White House has warned that it does not have enough money to buy next-generation Covid vaccines for all Americans ahead of a possible fall infection wave.
Bitcoin drops below $33,000 to hit its lowest level since July 2021 after stock sell-off
The cryptocurrency is now down more than 50% from its peak price of $68,990.90 in November 2021.
Fed's Neel Kashkari confident inflation can come down, but not without some pain
Minneapolis Fed President Neel Kashkari said Monday he's confident inflation will come back to normal, though he added it will take longer than he expected.
Cable companies to offer effectively free internet to low-income homes
The news means that tens of millions of households could receive high-speed internet at no cost, according to the White House.
A strong job market is causing more students to drop out of college. The potential loss to future earnings, however, is significant
As the U.S. economy adds more jobs and wages rise. The opportunity cost of staying in school is even greater among lower-income students.
Tesla covers travel costs for out-of-state health care including, reportedly, abortions
Though a report from Tesla does not mention the word "abortion," the wording of the policy seems to include such a procedure.
Microsoft launches cybersecurity services to help clients fight off ransomware and other attacks
Microsoft is introducing services to help companies fend off cybersecurity threats at a time when the market faces a severe talent shortage.
Stocks making the biggest moves in the premarket: Palantir, Rivian, Uber and more
The stocks making the biggest moves in premarket trading include Palantir, Rivian, Uber, and more.
Ford is selling 8 million shares of once high-flying EV maker Rivian, sources say
Ford Motor is selling 8 million of its Rivian Automotive shares as the insider lockup for the stock expires on Sunday, sources told CNBC's David Faber.
Kevin O’Leary says there are plenty of good places to 'hide’ as interest rates rise
As interest rates in the U.S. rise, investors can put their money to work by looking at certain companies in the S&P 500, says venture capitalist Kevin O'Leary.
Catholic University insists it's the owner of Judy Garland's 'Wizard of Oz' dress, not priest's niece
A New York federal court action seeks to block the auction of Judy Garland's "Wizard of Oz" dress, which Catholic University argues it legally owns.
How the Supreme Court went from cementing abortion rights in Roe v. Wade to drafting their demise
Supreme Court Chief Justice Roberts noted that Alito's draft opinion overturning Roe and Casey's abortion rights doesn't represent a final decision in the case.
CDC investigating 109 cases of severe hepatitis in kids across two dozen states, including 5 deaths
The cases of severe hepatitis have been found across 25 states and territories.
Starbucks hit with sweeping labor complaint including over 200 alleged violations
The NLRB says Starbucks interfered with, restrained and coerced employees seeking to unionize in various ways.
Nasdaq records first five-week losing streak since 2012
During the past week, the Federal Reserve raised interest rates by 0.5% and warned again of "much too high" inflation, which rattled markets.
Elon Musk denies claim by Truth Social boss that Trump encouraged him to buy Twitter
Devin Nunes, head of Donald Trump's social media company, told Fox Business News that the ex-president urged Tesla chief Elon Musk to buy Twitter.
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