Prices of Hong Kong’s residential properties plunged to a near five-year low as rising interest rates and a mass exodus of expat workers drove down prices.
Anthony Scaramucci spoke about friend and business partner Sam Bankman-Fried on CNBC’s “Squawk Box” on Friday morning.
Shares of Carvana posted their worst day on record Friday after the company missed Wall Street’s top- and bottom-line expectations for the third quarter.
Meta shares are down roughly 73% over the past year, putting the social networking giant at the bottom of the stock market index.
While Apple gave Wall Street a reason to cheer, the other Big Tech companies showed how challenging the economic environment has become for their businesses.
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