Sam Bankman-Fried sentenced to 25 years in prison, AMC slumps on stock sale: Yahoo Finance Live

Yahoo Finance Video

Thu, Mar 28, 2024, 1:24 PM

In this article:

Disgraced FTX founder and former CEO Sam Bankman-Fried was sentenced to 25 years in federal prison by a New York judge. Bankman-Fried was convicted in November of seven fraud and conspiracy counts. On Wall Street, one of the biggest movers is AMC Entertainment (AMC). Shares of the movie theater company fell sharply after it announced it was selling $250 million worth of stock. Other trending tickers on Yahoo Finance include MicroStrategy (MSTR), Nikola (NKLA), and RH (RH).

Top guests today include:

3:10 p.m. ET - Dan Ives, Wedbush Securities Managing Director

3:35 p.m. ET - Patrick De Haan, GasBuddy Head of Petroleum Analysis

3:45 p.m. ET - Geetha Ranganathan, Bloomberg Intelligence Senior Media Analyst, and Jamie Lumley, Third Bridge Group Sector Analyst

4:50 p.m. ET - Ethan Brown, Beyond Meat CEO

Forget Nvidia: Members of Congress Are Scooping Up Shares of Its Core Rival Instead
There's a much more popular AI stock on Capitol Hill than the leading AI chip maker.
Motley Fool•3h ago
2 Stock-Split Stocks to Buy Hand Over Fist Right Now
These proven wealth builders could be exactly what you're searching for right now.
Motley Fool•23h ago
Trump to set interest rates himself under secret presidential plan
Donald Trump’s aides have drawn up secret plans to oust the chairman of the Federal Reserve and allow the president to set interest rates, according to reports.
The Telegraph•19h ago
Bank of America lays out the exact scenario that could finally pop the stock market's AI bubble
It's been an "everything buy bonds" bull rally in markets for months, but BofA is cautiously watching a couple of indicators.
Business Insider•11h ago
1 Unstoppable Stock That Could Join Microsoft, Apple, Nvidia, Alphabet, Amazon, and Meta in the $1 Trillion Club
The combination of artificial intelligence (AI) and cybersecurity is a match made in heaven.
Motley Fool•1d ago
Meet the 2 Best S&P 500 Stocks of 2024. They Could Soar Another 69% and 91%, According to Certain Wall Street Analysts.
Nvidia and Super Micro Computer have been the best-performing S&P 500 stocks of 2024, but select Wall Street analysts still see substantial upside for shareholders.
Motley Fool•4h ago
Why I Just Added This Ultra-High-Yield Dividend ETF to My Retirement Account
The JPMorgan Nasdaq Equity Premium Income ETF offers a compelling blend of income and upside to my portfolio.
Motley Fool•5h ago
Departing top Tesla exec cashes out almost his entire stake for $181 million as longtime bull Ron Baron calls bottom in the stock
Baron, whose largest position is in Tesla, is betting the new shift in strategy for Tesla’s low-cost car will fill its increasingly empty factories.
Fortune•1d ago
Want $2,000 in Annual Dividends? Invest $30,000 in These 3 Stocks
Put your money to work by investing in these three high-quality dividend stocks.
Motley Fool•1d ago
Have $3,000? Buying These 2 Phenomenal Growth Stocks in 2024 Would Be a Genius Move.
These businesses are raking in growth and profits.
Motley Fool•1h ago

News

Life

Entertainment

Finance

Sports

New on Yahoo

Yahoo Finance

Sam Bankman-Fried sentenced to 25 years in prison, AMC slumps on stock sale: Yahoo Finance Live

Recommended Stories

Forget Nvidia: Members of Congress Are Scooping Up Shares of Its Core Rival Instead

2 Stock-Split Stocks to Buy Hand Over Fist Right Now

Trump to set interest rates himself under secret presidential plan

Bank of America lays out the exact scenario that could finally pop the stock market's AI bubble

1 Unstoppable Stock That Could Join Microsoft, Apple, Nvidia, Alphabet, Amazon, and Meta in the $1 Trillion Club

Meet the 2 Best S&P 500 Stocks of 2024. They Could Soar Another 69% and 91%, According to Certain Wall Street Analysts.

Why I Just Added This Ultra-High-Yield Dividend ETF to My Retirement Account

Departing top Tesla exec cashes out almost his entire stake for $181 million as longtime bull Ron Baron calls bottom in the stock

Want $2,000 in Annual Dividends? Invest $30,000 in These 3 Stocks

Have $3,000? Buying These 2 Phenomenal Growth Stocks in 2024 Would Be a Genius Move.