Avoid IBM because a strong dollar hurts earnings, says Summit’s David Harden

June 7, 2022 admin

David Harden, Summit Global Investments CEO, joins 'The Exchange' to discuss the strength of the dollar's impact on stocks and the market.

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Animoca Brands Plans $2 Billion Metaverse Fund to Support Established Projects
Animoca Brands, the parent company of metaverse projects like The Sandbox, has announced it plans to launch a $2 billion metaverse fund. The new fund, which would be focused on returns for potential investors wanting to get more Web3-related capital exposure, will focus its activities on companies in the mid-to-late investment stages. Animoca Brands Plans
Cramer’s lightning round: Seagate is not for this market
Cramer answered callers' investing questions at rapid speed on Thursday.
Kevin O’Leary, Bill Ackman Slammed for Defending Sam Bankman-Fried — ‘I Think SBF Is Telling the Truth’
Shark Tank star Kevin O’Leary and billionaire hedge fund manager Bill Ackman have been slammed for stating that they believe Sam Bankman-Fried (SBF) was telling the truth that he “didn’t knowingly commingle funds.” The former CEO of the collapsed crypto exchange FTX also said he “wasn’t running Alameda,” so he “didn’t know exactly what was
Italy Wants to Tax Crypto Gains at 26% From 2023
The new government of Italy plans to impose a 26% tax on capital gains from crypto trading, according to the draft budget for next year. The center-right coalition in power is also preparing to oblige Italians to declare their digital assets and pay 14% on their holdings. Government in Italy Intends to Tap Into Cryptocurrency
Snowflake CEO on the company’s light guidance
Cramer spoke with Snowflake CEO Frank Slootman on Wednesday. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is

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