Browsing Tag:sees

bill-ackman-sees-universal-music-spac-deal-closing-later-this-month
Bill Ackman, Founder and CEO of Pershing Square Capital Management.Adam Jeffery | CNBC Billionaire investor Bill Ackman said Friday he expects to close his SPAC deal to purchase 10% of Universal Music Group for approximately $ 4 billion by the end of this month.Ackman's blank check firm Pershing Square Tontine Holdings (PSTH) is likely to close the deal...
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robert-shiller-sees-wild-west-in-housing-stock-and-crypto-markets
Nobel Prize-winning economist Robert Shiller fears a bubble is forming in some of the hottest trades in the market.He is particularly concerned about real estate, stocks, and cryptocurrencies, where he sees a "wild west" mentality among investors."I didn't do that in print. I said that," the Yale University professor told CNBC's "Trading Nation" on Friday.Although the stock and crypto...
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whirlpool-ceo-sees-strong-home-trends-boosting-appliance-sales-even-as-prices-rise
The demand for housewares and appliances is growing and the trend is not going to go away anytime soon, according to Mark Bitzer, CEO of Whirlpool."People have a strong focus on house and home," said Bitzer in an interview with CNBC's "Closing Bell" on Wednesday. "If you listen to all the companies posting their work guidelines, I would...
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betterment-sees-record-q1-as-gamestop-shines-a-light-on-investing
Betterment introduced a new savings option in 2019.Source: improvementTrading apps aren't the only ones benefiting from the surge in meme stocks.Betterment, a digital asset consultant, saw record growth in the first quarter of 2021. Despite the offer of so-called passive investments and the fact that customers cannot select stocks by hand, Sarah Kirshbaum Levy, CEO of Betterment, said...
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