Bitcoin Booster Peter Thiel Takes a Hit in BlockFi Bankruptcy

Markets Currencies Cryptocurrency Thiel’s Valar Ventures had a 19% stake in the crypto lender, according to documents filed with the bankruptcy court

Stocks Are on the Rise, but Earnings Could Drag Them Down Again

Markets This summer, analysts thought S&P 500 companies’ fourth-quarter earnings would rise. Now they think earnings will fall.

6 Preferred Stocks That Offer Safety and High Yields

There still is plenty of yield in the depressed preferred-stock market—even after the recent half-point yield decline in the Treasury 10-year note to 3.7%. Many preferred issues yield 6% or more and offer investors good dividend security since they are a senior form of equity. Preferred holders also benefit since dividends, like those on common … Read more

Electronic Arts and 4 Other Stocks With the Potential to Rise 10 Times in Price

Barron’s recently published a breakdown of the best sectors to look for stocks that will increase tenfold in price—or ten-baggers—and technology led the way. New research takes that a step further and identifies five companies with potential to produce those returns.

Disney Ousts Bob Chapek, Robert Iger Returns as CEO

Business Iger returns to the entertainment company he left only late last year

GM Has a New Business: Fixing Tesla EVs.

General Motors said something surprising at its investor day in New York City on Thursday. Fixing Teslas is a growing business for the 114 year-old auto maker. That’s right. GM (ticker: GM) dealers are fixing Teslas. Since 2021, GM dealers have fixed more than 11,000 electric vehicles from Tesla (TSLA), according to GM President Mark … Read more

They Lived Together, Worked Together and Lost Billions Together: Inside Sam Bankman-Fried’s Doomed FTX Empire

NASSAU, Bahamas—Sam Bankman-Fried’s $32 billion crypto-trading empire collapsed in an incandescent bankruptcy last week, prompting irate customers, crypto acolytes and Silicon Valley bigwigs to ask how something that seemed so promising could have imploded so fast. The emerging picture suggests FTX wasn’t simply felled by a rival, or undone by a bad trade or the … Read more

Activision Stock Still Looks Like a Buy. Here’s Why.

Back in July, Barron’s made the case for buying Activision Blizzard stock in anticipation of Microsoft closing its $69 billion acquisition of the company. With Activision shares trading at a significant discount to the deal price, the stock looked closest to a sure thing in an increasingly uncertain market. Four months later, the risks of … Read more

Twitter Workers Say Farewell After Musk Ultimatum Over Terms of Employment Passes

Tech Company follows up with practical details after billionaire challenges remaining employees to be ‘hardcore’ or leave: ‘This is not a phishing attempt’

Oil Prices Could Rise After Latest EU Sanctions on Russia

The European Union’s ban on seaborne imports of Russian oil, along with the Group of Seven’s plan to cap prices of oil from Russia early next month won’t guarantee that prices for the commodity will see a lasting rally, or that supplies will tighten further in the days ahead. “In isolation, the sanctions on Russia … Read more