-
Gary Black Expects Consumers And Businesses To Cut Spending Ahead Of Earnings Season, Warns Of A 'Lasting Damage To The Economy'
Friday, April 11, 2025 - 7:09am | 657Investor Gary Black, the managing partner at the Future Fund LLC, has cautioned about impending “lasting damage to the economy” as consumers and businesses are expected to curtail spending ahead of the upcoming earnings season. What Happened: Black’s comments, made in response to...
-
Billionaire Hedge Fund Manager David Einhorn Says Stock Market Is Fundamentally Broken: Here's Why
Wednesday, August 21, 2024 - 1:01pm | 474Billionaire hedge fund manager David Einhorn explained in a CNBC interview why he sees the current market as “fundamentally broken” and the potential ramifications In the interview a few months ago with CNBC’s Scott Wapner, Einhorn asserted that investors are not rewarding...
-
Bitcoiner 'Pomp' Shouts Down 'The Judge' On CNBC — While Cramer Becomes Collateral Damage
Tuesday, November 15, 2022 - 9:11pm | 1450A financial media outlet brought on one of the most vocal supporters of cryptocurrency Bitcoin (CRYPTO: BTC). The interview saw an attempt to call out the guest for being an “evangelist” for Bitcoin but instead turned haters into fans of the interviewee. What Happened:...
-
Here's Why Chamath Sold Some SPCE And Believes In CLOV, SPACs
Thursday, September 30, 2021 - 4:12pm | 646One of the most polarizing figures in the SPAC investing world has been Chamath Palihapitiya. The noted investor and Social Capital CEO has brought 10 SPACs to market and closed four deals along with investing in the PIPEs for others. Chamath on SPACs: After seeing significant interest and...
-
Bitcoin Has Replaced Gold: Chamath Palihapitiya On Hedging Against Inflation
Thursday, September 30, 2021 - 12:57pm | 590Legendary investor Chamath Palihapitiya gave an update on Bitcoin (CRYPTO: BTC), a cryptocurrency he once said could hit $200,000. What Happened: Palihapitiya was asked about inflation at CNBC’s Delivering Alpha Conference Wednesday. “Bitcoin, I think has effectively replaced...
-
Rick Santelli Blows Up At CNBC Co-Hosts Jim Cramer, Scott Wapner In Signature Style
Wednesday, June 16, 2021 - 2:12am | 803One of CNBC editor Rick Santelli's signature rants on Tuesday has sparked quite a conversation on social media. What Happened: Santelli went on what some on social media described as yet another one of his epic rants while discussing the U.S. Federal Reserve policy with CNBC hosts Scott...
-
Will An Amazon Stock Split Be Delivered To Investors?
Wednesday, April 28, 2021 - 5:14pm | 334A potential Amazon.com, Inc. (NASDAQ: AMZN) stock split and its implications were discussed Wednesday on CNBC's "Fast Money: Halftime Report." What Happened: A rumored stock split for Amazon has recently been tossed around via various media sources. Some believe the...
-
Is Amazon Stock A Buy Ahead Of Its Earnings Report Thursday?
Tuesday, April 27, 2021 - 4:29pm | 312Regardless of how the reopening plays out, retail e-commerce is not going away, Stephanie Link, chief investment strategist and portfolio manager at Hightower Advisors, said Tuesday on CNBC's "Fast Money: Halftime Report." Retail e-commerce had a $4 trillion TAM in 2019 and is...
-
Pete Najarian Says Goldman Sachs Is Wrong About Apple
Wednesday, April 21, 2021 - 4:33pm | 352Goldman Sachs has been wrong about Apple Inc (NASDAQ: AAPL) for a long time, Pete Najarian, co-founder of Market Rebellion, said Wednesday on CNBC's "Fast Money: Halftime Report." What Happened: Goldman Sachs reiterated its Sell rating and $83 price target after Apple...
-
10 Best Moments From Chamath Palihapitiya's CNBC Interview: 'Pushback Against The Establishment'
Wednesday, January 27, 2021 - 2:36pm | 494Chamath Palihapitiya joined Scott Wapner on CNBC’s “Halftime Report” to discuss his recent purchase of GameStop Corp (NYSE: GME) options. The so-called "SPAC King" was part of a heated exchange with Wapner to discuss the recent run-up in the price of GameStop. ...
-
SoFi Merging With Palihapitiya-Backed IPOE SPAC
Thursday, January 7, 2021 - 2:28pm | 672Fintech company SoFi is going public via one of the most well-known names in the SPAC community. The SPAC Deal: SoFI announced a SPAC merger with Social Capital Hedosophia Holdings V (NYSE: IPOE), led by Chamath Palihapitiya. The merger values SoFi at an equity value of $8.65 billion post-money....
-
Why McDonald's Stock Hasn't Soared During The Pandemic
Monday, December 14, 2020 - 2:28pm | 252On CNBC's "Fast Money Halftime Report," host Scott Wapner asked the investment committee why nobody owns McDonald's (NYSE: MCD) and why it hasn't done better during the pandemic. "McDonald's is still only trading 24x next's year earnings," said Karen...
-
What To Make Of Dan Loeb's New Stake In Disney
Friday, August 7, 2020 - 11:32am | 388Hedge fund manager Dan Loeb and his Third Point fund bought a new stake in Walt Disney Co (NYSE: DIS) in part because there is "no close second" in the entertainment and media universe, CNBC's Scott Wapner reported on "Halftime Report." Disney Is 2013 Microsoft: The...
-
Former Philly Mayor: When The Economy Opens, It Has To Stay Open
Wednesday, April 15, 2020 - 10:51am | 335When the U.S. economy reopens, the American public needs to be prepared to keep it open despite the potential for a lingering coronavirus pandemic, Ed Rendell, a former Pennsylvania governor and Philadelphia mayor, told CNBC's Scott Wapner in a Tuesday interview. Rendell Says There...
-
Scott Wapner's 'When The Wolves Bite' Tells The Inside Story Of The Ackman-Icahn-Herbalife Feud
Thursday, April 26, 2018 - 1:22pm | 885It’s been a little over five years since arguably the greatest moment in CNBC's history: the uninterrupted 27-minute back-and-forth between Carl Icahn and Bill Ackman on "Fast Money Halftime." At the center of the argument was whether nutritional supplement company Herbalife Ltd...