Venture firms Sequoia and Andreessen Horowitz invested $50 million each in Instacart at the tech market’s peak in 2021.
Oracle buddies up with Microsoft. Plus our take on Salesforce and Meta news
Microsoft (MSFT) and Oracle (ORCL) announce a product with the potential to benefit both stocks. Also: Salesforce is hiring, and Meta denies a WhatsApp report.
Costco’s iconic $1.50 hot dog combo is now an official Monopoly game piece
The set retails for $44.99 on the Costco website, or $39.99 if you buy it at a warehouse.
Student loan payments will resume. That could dent this food delivery stock, MoffettNathanson says
Food delivery is a luxury and borrowers’ budgets are about to be strained, according to the firm.
Trump bemoans high interest rates and indicates he might pressure Fed to lower
Trump indicated that if he gets another term, he might pressure Federal Reserve Chair Jerome Powell to loosen monetary policy.
Senators ask Pentagon for answers on SpaceX’s Starlink service in Ukraine
Their questions follow the publication of a biography of Elon Musk with an anecdote suggesting SpaceX disconnected Starlink service before a Ukrainian attack.
Fortinet, Verizon and more: CNBC’s ‘Halftime Report’ traders answer your questions
‘Ask Halftime’ traders answer your questions about stocks and other investments.
UAW strike brings blue-collar vs. billionaire battle to Detroit
The United Auto Workers strike is bringing a blue-collar versus billionaire battle to Detroit, just as UAW President Shawn Fain wanted.
Instacart aims for valuation of up to $10 billion in upcoming IPO
Grocery delivery platform Instacart raised its initial price range to between $28 and $30 per share in a regulatory filing Friday.
Recession vs. soft landing is a ‘million-dollar question,’ expert says. Where top financial advisors say to invest now
Though a downturn may still be on the horizon, top financial advisors see opportunities in equities, fixed income and cash now.
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