SpaceX's earnings are not helping its stock, but Nvidia is getting a boost
SpaceX's earnings are not helping its stock, but Nvidia is getting a boost
Hyperscalers' pain at the level of capex is a chipmaker's potential gain
cnb.cx
Stocks making the biggest moves midday: Alphabet, SpaceX, Shopify, Newmont, Insulet, AMD & more
Stocks making the biggest moves midday: Alphabet, SpaceX, Shopify, Newmont, Insulet, AMD & more
Here are the companies making headlines in midday trading.
cnb.cx
Affordability is a 'defining challenge' for Americans, with food costs leading the way, report finds
Affordability is a 'defining challenge' for Americans, with food costs leading the way, report finds
Many consumers rely on credit cards to pay for everyday expenses, such as groceries, but some can't make the minimum payment, according to a new report.
cnb.cx
Google chief scientist Jeff Dean leaving in AI reshuffle after 27 years at company
Google chief scientist Jeff Dean leaving in AI reshuffle after 27 years at company
Google's AI divisions are getting reshuffled, the search giant announced on Wednesday.
cnb.cx
These digital tokens generally pegged to the U.S. dollar could become an essential way that money moves, experts say.
Believe the hype? Stablecoin is about to blast off—and why you should care
These digital tokens generally pegged to the U.S. dollar could become an essential way that money moves, experts say.
cnb.cx
Kids Online Safety Act social media safety bill advances in Senate
Kids Online Safety Act social media safety bill advances in Senate
The Kids Online Safety Act, a measure aimed at protecting children on social media, advanced to the Senate floor after it stalled in the last Congress.
cnb.cx
Salad and Go files for Chapter 11 bankruptcy after cyclospora fears worsened its challenges
Salad and Go files for Chapter 11 bankruptcy after cyclospora fears worsened its challenges
The upstart salad chain aimed to take on Sweetgreen and expanded rapidly under the ownership of Volt Investment.
cnb.cx
Tanger CEO says World Cup drove up traffic, sales this summer
Tanger CEO says World Cup drove up traffic, sales this summer
Tanger CEO Stephen Yalof told CNBC that the company saw increased store traffic and sales this summer because of the World Cup.
cnb.cx
SpaceX moon crash is a perfect metaphor for rocket maker’s share price, analysts say
SpaceX moon crash is a perfect metaphor for rocket maker’s share price, analysts say
Parts of a SpaceX rocket reportedly crashed into the Moon on Wednesday
cnb.cx
Amazon's Zoox to launch paid robotaxi service in Las Vegas on Aug. 10
Amazon's Zoox to launch paid robotaxi service in Las Vegas on Aug. 10
It's the company's first commercial market after Zoox started offering free rides to the public in parts of Las Vegas and San Francisco less than a year ago.
cnb.cx
Disney weighs free ad-supported streaming, says it has sold out Super Bowl ad spots
Disney weighs free ad-supported streaming, says it has sold out Super Bowl ad spots
Disney is considering a free streaming product as advertising takes a bigger role in making streaming profitable.
cnb.cx
Chipmaker Broadcom is breaking out. How Tony Zhang is trading it
Chipmaker Broadcom is breaking out. How Tony Zhang is trading it
Broadcom is growing AI semiconductor revenue at triple-digit rates, converting nearly half of revenue into free cash flow, writes Tony Zhang.
cnb.cx
Bank of America spends $250 million a year on GLP-1 drugs for its employees, CEO says
Bank of America spends $250 million a year on GLP-1 drugs for its employees, CEO says
Employers have grappled with soaring demand for GLP-1 drugs such as Ozempic and Wegovy, which can cost thousands of dollars per patient annually.
cnb.cx
Trump admin. refunds $100 billion in 'liberation day' tariffs
Trump admin. refunds $100 billion in 'liberation day' tariffs
The Trump administration has taken steps to effectively re-create the IEEPA tariff regime using other legal authorities. They already face court challenges.
cnb.cx
Manager of DRAM memory trade blockbuster ETF is back with new AI thematic bet
Manager of DRAM memory trade blockbuster ETF is back with new AI thematic bet
Roundhill Investments' DRAM became a blockbuster ETF in record time on the memory trade. It's back with a new fund targeting another AI tech theme: photonics.
cnb.cx
What's the social etiquette around trying to talk to someone looking at their phone? It depends, experts say.
Worried about interrupting someone’s scrolling? Here’s what experts think
What's the social etiquette around trying to talk to someone looking at their phone? It depends, experts say.
cnb.cx
The Nasdaq just did something it's done just 17 prior times in its history
The Nasdaq just did something it's done just 17 prior times in its history
Tuesday’s rally was historic for several reasons.
cnb.cx
Situational Awareness hedge fund meltdown was a warning shot for leveraged markets, BofA CEO says
Situational Awareness hedge fund meltdown was a warning shot for leveraged markets, BofA CEO says
Bank of America was among the prime brokers for the hedge fund, which is run by Leopold Aschenbrenner.
cnb.cx
Warren presses Lutnick over UAE access to sensitive U.S. tech after Trump crypto investment
Warren presses Lutnick over UAE access to sensitive U.S. tech after Trump crypto investment
Sen. Elizabeth Warren asked Howard Lutnick to explain eased UAE export controls after UAE-linked entities invested in the Trump family’s crypto venture.
cnb.cx
Fed's Kashkari says 'now is the time to start slowly moving' rates up
Fed's Kashkari says 'now is the time to start slowly moving' rates up
Kashkari was one of three dissenters at last week's Federal Open Market Committee meeting.
cnb.cx
Here are Wednesday's biggest analyst calls: SpaceX, Nvidia, Apple, AMD, Pinterest, Arista Networks & more
Here are Wednesday's biggest analyst calls: SpaceX, Nvidia, Apple, AMD, Pinterest, Arista Networks & more
Here are the biggest calls on Wall Street on Wednesday.
cnb.cx
Stock bears obliterated as Nasdaq 100 logs top 10 bullish stat of past decade
Stock bears obliterated as Nasdaq 100 logs top 10 bullish stat of past decade
"Pessimists threw in the towel and optimism was running amok today," said Nations Indexes president Scott Nations.
cnb.cx
SpaceX's spending surge, the S&P 500's new record, Chipotle's salmonella scare and more in Morning Squawk
SpaceX's spending surge, the S&P 500's new record, Chipotle's salmonella scare and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
cnb.cx
The IRS is getting better at spotting crypto tax mistakes. Here's what it means for investors
The IRS is getting better at spotting crypto tax mistakes. Here's what it means for investors
Many investors who hold cryptocurrency like bitcoin and ether have a difficult time figuring out how much tax to pay on transactions.
cnb.cx
Private companies added just 44,000 workers in July, below expectations, ADP reports
Private companies added just 44,000 workers in July, below expectations, ADP reports
Hiring at private companies slowed considerably in July, with most of the job growth coming health care.
cnb.cx
Saudi wealth fund and Jared Kushner's Affinity finalize $55 billion EA Sports deal
Saudi wealth fund and Jared Kushner's Affinity finalize $55 billion EA Sports deal
EA said its stock has ceased trading and will be delisted from the Nasdaq. Its shareholders will receive $210 in cash per share.
cnb.cx
AMD to outperform despite post-earnings slide, Wall Street analysts say
AMD to outperform despite post-earnings slide, Wall Street analysts say
Advanced Micro Devices' shares traded lower after its strong second-quarter earnings report, but the stock should have more room to run, per several analysts.
cnb.cx
Mike O'Dell's side hustle, a quilting kit company called Legit Kits, brings in six figures per year — and helps him stave off burnout from his full-time job.
50-year-old’s side hustle brings in $117,000 a month, he works 1 day a week on it: I can 'set my own schedule'
Mike O'Dell's side hustle, a quilting kit company called Legit Kits, brings in six figures per year — and helps him stave off burnout from his full-time job.
cnb.cx
Stocks making the biggest moves premarket: SpaceX, AMD, Eli Lilly, Disney & more
Stocks making the biggest moves premarket: SpaceX, AMD, Eli Lilly, Disney & more
These are the stocks posting the largest moves premarket.
cnb.cx