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The Fall Of FTX And Sam Bankman-Fried

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Sam Bankman-Fried and his crypto companies poured billions of dollars into the industry after the Terra-Luna stable coin crisis. As recently as September, Bankman-Fried told CNBC that his exchange, FTX, had $1 billion in cash cash to deploy at any given moment
It seemed like Bankman-Fried had become the so-called ‘white knight’ of crypto, the lender of last resort for an entire industry. And for a while, things were looking up. The price of bitcoin and other currencies leveled out and developers continued to build new projects.
But now? Nearly six months to the day after Terra Luna collapsed, FTX has filed for bankruptcy protection and Bankman-Fried faces investigations from U.S. regulators and the Department of Justice.

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The Fall Of FTX And Sam Bankman-Fried

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ASML’s new $400 million chip machine

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Behind highly secured doors in a giant lab in the Netherlands, there’s a machine that’s transforming how microchips are made. ASML spent nearly a decade developing High NA, which stands for high numerical aperture. With a price tag of more than $400 million, it’s the world’s most advanced and expensive chipmaking machine. CNBC’s Katie Tarasov went to the Netherlands for a tour of the lab.

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Why Investors Love Wonder

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Food technology startup Wonder has raised $3 Billion since it launched in 2018. Serial entrepreneur Marc Lore’s goal is trying to revolutionize dining with automation and customization. Though investors are convinced, can it get consumers on board? CNBC’s Amelia Lucas took a look at the company ahead of a potential IPO.

Chapters:
0:00 Introduction
1:36 Chapter 1. What is Wonder?
4:12 Chapter 2. Raising $3B
6:22 Chapter 3. Challenges

Produced and Shot by: Natalie Rice
Reporter: Amelia Lucas
Additional Camera by: Ryan Baker, Rowan Buck
Edited by: Darren Geeter
Animation: Jason Reginato, Emily Park
Senior Managing Producer: Tala Hadavi
Additional Footage: Getty Images, Wonder

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Why Investors Love Wonder

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SpaceX Launches Its Largest Satellite Ever Which Is Nearly The Size Of A Bus | CNBC

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It marked the 50th time the company has flown a Falcon 9 rocket.
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SpaceX Launches Its Largest Satellite Ever Which Is Nearly The Size Of A Bus | CNBC

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How Car Makers Are Switching To EVs | CNBC Marathon

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CNBC Marathon explores how Tesla, Rivian and Dodge’s new electric vehicles are transforming the automotive industry.

Over the past decade, Dodge has dug deep into its performance car heritage and become a brand known for brash American muscle cars with supercharged V-8 engines and ridiculous amounts of horsepower. But tightening regulations, rising fuel prices and the rise of the SUV are putting the squeeze on Dodge’s so-called “brotherhood of muscle.” It recently debuted the Charger Daytona SRT EV, an electric car that looks a lot like its popular supercharged Challenger and Charger. Will Dodge fans or EV buyers want it?

Five years after Elon Musk first announced the Tesla Semi, it’s finally hitting roads. CNBC visited Pepsi’s Frito-Lay facility in Modesto, California, where it is using the new electric trucks, to see whether the Semis live up to the hype.

A new electric vehicle company hopes to take on Tesla with its outdoor adventure trucks and SUVs. And its deal with Amazon to build 100,000 electric delivery vans could help it succeed. Founded in 2009, Rivian is focusing on upscale electric trucks and SUVs with an emphasis on outdoor adventure. CNBC’s John Rosevear calls them the “Patagonia of electric vehicles.” Last month, Rivian and Amazon rolled out the first of the electric vans. They are starting to deliver packages in a handful of cities, including Seattle, Baltimore, Chicago and Phoenix.

After manufacturing’s 40-year cycle of decline in the U.S., officials in Washington are trying to bring it back. This move could be a boom or bust for huge swaths of the American Midwest. This region once dominated the auto industry before rising global trade and automation sent domestic manufacturing employment into a tailspin. U.S. leaders hope that new laws such as the Inflation Reduction Act of 2022 will help businesses create the green manufacturing jobs of the future.

Chapters:
00:00 — Introduction
00:48 — Will Dodge’s Electric Muscle Car Satisfy Its Die-Hard Fans? (Published October 2022)
15:31 — Does The Tesla Semi Live Up To The Hype? (Published February 2023)
31:33 — How Amazon Is Giving Rivian An Edge In The EV Industry (Published August 2022)
44:50 — How Electric Vehicles Will Change The Midwest Economy (Published September 2022)

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How Car Makers Are Switching To EVs | CNBC Marathon

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Why Fuel Economy Rollbacks Will Spur More Trucks, More V-8 Engines

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Lowered compliance costs, greater control over products, more big engines, more pickup trucks. These are just some of the changes investors expect from the rollback of fuel economy rules and the elimination of fines. Data indicate pent up demand for pickup trucks, and many automakers are bringing back V-8 engines. At the same time, hybrid vehicles are surging, and electric vehicles have longer term structural demand in their favor.

Chapters:
0:00 Introduction
01:23 Chapter 1: New rules
03:01 Chapter 2: Why this matters
04:52 Chapter 3: Challenges
06:22 Chapter 4: Fuel efficiency

Produced by: Robert Ferris
Edited by: Darren Geeter
Camera by: Ryan Baker
Animation: Jason Reginato, Emily Park
Senior Managing Producer: Tala Hadavi
Additional footage: Getty Images, Ford, GM

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Why Fuel Economy Rollbacks Will Spur More Trucks, More V-8 Engines

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