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Jamie Dimon, fed up with Zoom calls and remote work, says commuting to offices will make a comeback

Jamie Dimon, CEO of JP Morgan Chase, speaking at the 2019 WEF in Davos, Switzerland on Jan. 23rd, 2019.Adam Galica | CNBCJamie Dimon is no fan of the new remote work structure that has taken hold during the coronavirus pandemic.The JPMorgan Chase chairman and CEO has already told his

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A Coinbase-backed start-up quietly powering the NFT boom raises new funding

Alchemy co-founders Nikil Viswanathan (left) and Joe Lau.Source: AlchemyAlchemy, a start-up subtly powering the recent NFT boom, is raising another round of capital as it tries to keep up with the fast-growing industry.The San Francisco-based company announced an $80 million series B funding round on Wednesday, led by Coatue

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UIPath pursues one of the biggest software IPOs ever as investors rotate out of cloud stocks

UiPath co-founder and CEO Daniel DinesUiPathUiPath's New York Stock Exchange debut scheduled for Wednesday will mark one of the biggest software IPOs in U.S. history and will be the most hyped first trade for cloud investors since Snowflake went public in September.But the company, whose software helps businesses automate

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Op-ed: Boost to tech stocks will not last, and more pain is ahead

Investors should be able to take advantage of bullish momentum in tech stocks for at least the next couple of months.In my last post on the subject on Feb. 4, the takeaway was "tech's reign of relative dominance has come to an end." The tech sector as measured by

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Why Amazon-backed food delivery app Deliveroo flopped in its market debut

A distributor of Deliveroo is seen riding his bike with a package with food on a street on July 31, 2019 in Madrid, Spain.Jesús Hellín | Europa Press | Getty ImagesLONDON — When Deliveroo chose London for its hotly anticipated IPO, the food delivery company was hailed as a

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Stocks making the biggest moves in the premarket: MSG Entertainment, BowX Acquisition, Root Inc. & more

Take a look at some of the biggest movers in the premarket:BowX Acquisition (BOWX) – The special purpose acquisition company will take office-sharing company WeWork public in a deal worth $9 billion, including debt. Starwood Capital, Fidelity Management and others are involved in the deal as so-called "PIPE" investors.

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Coinbase CEO Brian Armstrong owns close to $14 billion of company stock ahead of market debut

Coinbase co-founder and CEO Brian Armstrong speaking at TechCrunch Disrupt SF 2018.Steve Jennings | Getty Images for TechCrunchWhen Coinbase hits the public market in the coming weeks, CEO Brian Armstrong is poised to rank among the wealthiest people in tech.Armstrong, who co-founded the cryptocurrency exchange in 2012 after working

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Stocks making the biggest moves midday: Tesla, Stitch Fix, Dick’s Sporting Goods & more

Kayaks are displayed outside of a Dick's Sporting Goods Inc. store in West Nyack, New York.Craig Warga | Bloomberg | Getty ImagesCheck out the companies making headlines in midday trading. Tech stocks — Tech and more-speculative stocks rose en masse on Tuesday as a retreat in U.S. Treasury yields helped

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Cathie Wood’s Ark Innovation Fund rebounds 8% Tuesday as Tesla, other tech darlings pop

Cathie Wood, CEO and founder of ARK Invest.CNBCWidely followed investor Cathie Wood recouped some of her recent sharp losses as tech stocks rebounded Tuesday after a brutal correction triggered by surging bond yields. Wood's flagship active exchange-traded fund Ark Innovation ETF (ARKK) climbed 8.3% on Tuesday. Tesla, the fund's

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Stocks making the biggest moves in the premarket: Stitch Fix, Dick’s Sporting Goods, Peloton & more

Take a look at some of the biggest movers in the premarket:Stitch Fix (SFIX) – Stitch Fix lost 20 cents per share for its latest quarter, 2 cents a share less than analysts had anticipated. Revenue for the online clothing styler was short of Wall Street forecasts, and Stitch

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