The company's S-1 lays the groundwork for what is widely expected to be one of the largest initial public offerings of the year, second only to Uber's IPO in May. It's also...Technologyread more
Fraud investigator Harry Markopolos' accusations extended beyond GE's management to actuaries, auditors and analysts who he claims overlooked billions in liabilities.Marketsread more
Trump's tweet comes a day after Apple put out a press release describing the money it spends on U.S.-based suppliers and vendors.Technologyread more
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
President Donald Trump held a call on Wednesday with the CEOs of three major U.S. banks, according to people with knowledge of the situation.Marketsread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
Scientists say the smoke plumes, filled with megatons of tiny, harmful particles, could travel to other areas of the world and cause serious respiratory problems for people.Weather & Natural Disastersread more
Some Weight Watchers loyalists applaud Kurbo by WW. But nutritionists worry Kurbo promotes an unhealthy relationship with food during an especially impressionable time.Health and Scienceread more
Benefits from what President Trump called "the biggest reform of all time" to the tax code have dwindled to a faint breeze just 20 months after its enactment, writes John...Politicsread more
Epstein, 66, was found in his cell in Manhattan federal lockup Saturday morning and transferred to a nearby hospital, where he was subsequently pronounced dead.Politicsread more
Air travelers faced delays at U.S. airports on Friday afternoon after a computer issue snarled processing of international arrivals.Airlinesread more
In one of the most speculative stock moves around the bitcoin mania, the tiny stock of a former fruit juice company briefly soared more than 200 percent Tuesday.
Future FinTech (FTFT) has a market value of just $12.5 million with Tuesday's gains, according to FactSet. The stock closed up 64 percent at $3 a share.
Traders on Twitter were quick to link the company to blockchain technology and the bitcoin craze, since Future FinTech announced in June it had changed its name from "SkyPeople Fruit Juice" to focus on financial technology.
However, there is no mention of "blockchain," "bitcoin" or anything crypto-related in the release or the company's November presentation to investors. The documents show the company intends to focus on commodities trading and e-commerce platforms, given its background in agricultural goods.
David Rudnick, Future FinTech's investor relations representative, had no comment.
Trading volume topped 7 million shares, versus the 30-day average of about 248,000 shares, according to FactSet.
Earlier Tuesday, the U.S. Securities and Exchange Commission suspended trading in shares of The Crypto Co. until early January due to concerns that included potential stock manipulation. When contacted by CNBC, the company had yet to provide a statement by Tuesday afternoon.