Amazon has launched a cost-cutting review focused on unprofitable business units
admin Amazon.com Inc. AMZN, +13.19% Chief Executive Andy Jassy is leading a cost-cutting review of the…
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Sam Bankman-Fried takes blame for FTX liquidity issues: ‘I fucked up’
Crypto exchange FTX is undergoing significant liquidity issues, and CEO Sam Bankman-Fried “asked for help”…
Read MoreFTX-Binance ordeal has not shaken venture capital confidence in crypto industry
Venture capitalists and investors are rethinking what it means to invest in crypto companies after…
Read MoreA ‘cascade of margin calls’ deleveraging, crypto failures and bitcoin at $13,000 are likely amid FTX fallout
A “new wave of crypto deleveraging” is likely under way, with bitcoin itself poised to…
Read MoreTesla stock removed from Wedbush’s Best Ideas list over Twitter debacle; deal is an ‘agonizing cycle for investors to navigate’
Tesla Inc. stock was removed from Wedbush’s Best Ideas list on Thursday, with analyst Dan…
Read MoreCrypto and tech are the first dominoes to fall as stimulus liquidity dries up, says this money manager. Here’s what could happen next.
Markets probably didn’t need another more brick on the 2022 wall of worries, but got…
Read MorePrivate companies to face revaluation cuts next year, executive at big tech investor warns
Tech investor and asset manager Baillie Gifford has warned of a tough 2023 for private…
Read MoreSequoia on its FTX investment: Some surprise to the upside, and some surprise to the downside
“We are in the business of taking risk. Some investments will surprise to the upside,…
Read MoreHow good are Black Friday sales this year? Here’s what to buy, and what to skip.
Lots of people do, according to Brian Field, global leader of retail consulting and analytics…
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Opinion: Here’s what one financial adviser is telling laid-off technology employees to do
Meta Platforms META, +5.18% is firing 11,000 employees, and Twitter is slashing its workforce by…
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