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Transcripts For CNBC Closing Bell 20240713

Biggest loser. You just heard from courtney, after missing on earnings and slashing that forecast joining us for the full first hour, wealth management. Josh, as we just mentioned, fedex down a full 10 on earnings whats your take on that its important to point out that this trend in fedex stock actually began in january 2018 its been falling almost two years straight with very little respite on the way down. At this point, i think the answer, what you do with fedex, differs if youre a trader or an investor if youre a trader, youre not buying the stock i dont think theres any Material Support looking back at a tenyear chart until about 119, 120 that was prior resistance. It broke out it has retested that level before successfully. Thats where i would look at a tradeable bottom were not quite there yet. If youre an investor, you have to look at this moment to say this is maybe conceivably the most confluence of events. Having trouble integrating the tnt acquisition, thats a headwind ther

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Digital Media Firm Ziff Davis Takes 23K SF at 360 Park Avenue South

Digital media conglomerate Ziff Davis signed a five-and-a-half-year lease for 23,038 square feet on the 17th floor of the 20-story building.

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Iconiq raises $5.15B toward seventh flagship fund

ICONIQ Growth has raised $5.21 billion across two funds associated with the seventh growth fund family, according to SEC filings. However, the firm's

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Iconiq raises $5.15B toward seventh flagship fund

Iconiq raises $5.15B toward seventh flagship fund
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Lying to Investors? Co-Founder of Startup 'HeadSpin' Gets 18-Month Prison Sentence for Fraud

The co-founder of Silicon Valley-based software testing startup HeadSpin was sentenced Friday to 18 months in prison and a $1 million fine, reports SFGate — for defrauding investors. Lachwani pleaded guilty to two counts of wire fraud and a count of securities fraud in April 2023, after fede.

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