Fed Chairman Kevin Warsh delivers his key Jackson Hole speech Friday. Here's what to expect
Prior Fed chairs have used the speech as an opportunity to lay out broad policy frameworks and intentions.
SK Hynix CEO says Indiana will be key memory production base by 2030, first U.S. facility now underway
At the groundbreaking ceremony for SK Hynix's first U.S. facility, CEO Kwak Noh-Jung says Indiana will be a key memory production base by 2030.
Trump signs order to rename Lake Ontario 'Lake America' amid Canada trade war
President Donald Trump signed an executive order that he said will "immediately" change the name of Lake Ontario to "Lake America."
FDA approves daily HIV pill from Gilead designed to simplify treatment for some patients
The new pill is also aimed at people who are doing well on a single-tablet regimen, including Biktarvy, and want to switch to a new treatment.
SpaceX shares are doing something very unusual. Options traders are taking note
After debuting as the most volatile stock among its large-cap peers, Elon Musk's astronomic equity hasn't moved in three weeks.
Gap shares jump 12% after company names new Old Navy CEO to revive struggling brand
Gap announced a new CEO for Old Navy on Thursday as the brand reported a decline in comparable sales for the most recent quarter.
Salesforce rockets 22% for second-best day ever, leading software rally
Salesforce reported a strong beat on second-quarter earnings and announced an expanded AI partnership with Anthropic.
Donald Trump Jr. told Republican state attorneys not to fight prediction markets, NY Times reports
The president's son, who is an advisor to two prediction market platforms, told Republican attorneys general to back off on the industry, the Times reported.
What Warsh will say and how the market will react, according to prediction markets
Kalshi sees a low chance that Federal Reserve Chairman Kevin Warsh will mention "bond market" or "rate cut" at the annual Jackson Hole Symposium.
Jim Cramer says Nvidia and Salesforce earnings upended two bear narratives
CNBC’s Jim Cramer said strong earnings from Nvidia and Salesforce shattered two major bear cases that had weighed on the tech stocks.
UAE ‘spy sheikh’ backs 49% stake in Trump family’s crypto bank venture, WSJ reports
World Liberty’s proposed trust bank has preliminary federal approval as the Trump-backed crypto venture deepens its ties to a senior UAE official.
AI bursts to the front of Massachusetts Democratic Senate primary
The fight over AI and its associated data center infrastructure has spilled into election-after-election this year.
August apartment rents turn positive for the first time in four years
Apartment rents are finally turning positive as vacancies drop, thanks to less new supply.
'We have a limited window': 116 companies, entities sign on to major AI cyber defense push
The letter also urged a coordinated government effort to make cyber defense accessible to critical infrastructure under pressure.
Texas Senate hopeful Talarico teams with Mark Cuban on plan to break up healthcare 'monopolies'
Texas Democratic Senate candidate James Talarico unveiled a plan to bust what he says are healthcare monopolies in an effort to lower costs.
What's expected at Apple's September event — plus, an uneven rally in AI stocks
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Brian Sullivan: Gulf nations are unlikely to agree to a toll plan for Strait of Hormuz safe passage
Gulf nations will be reluctant to agree to or adhere to a fee or toll for safe passage through the Strait of Hormuz, according to my conversations.
CrowdStrike posts best day ever, Okta's stock pops nearly 29% as rising AI threat lifts earnings
AI adoption is pushing customers to spend more on cybersecurity tools from companies such as CrowdStrike and Okta
What the Buss family Lakers dispute can teach the wealthy about trusts
Jeanie Buss, governor of the Lakers, is contesting her siblings' decision to sell the family's remaining stake in the NBA team.
Nvidia is bolstering support for Chinese open AI models as it warns of White House crackdown
Nvidia is optimizing hardware for DeepSeek and Qwen while warning that potential U.S. restrictions on models originating in China could hurt its business.
Family offices are making a bullish bet on the stock market, according to CNBC Family Office Portfolio Tracker
The data includes the portfolios of hundreds of family offices, representing a total of $1.4 trillion in assets.
Salesforce CEO Marc Benioff says the ‘SaaSpocalypse’ is nonsense. Here's why
Salesforce CEO Marc Benioff pushed back against “SaaSpocalypse” fears.
Nvidia adds more than $400 billion in value after blowout earnings boost AI confidence
Nvidia shares rose on Thursday after the chip giant's revenue guidance reassured investors that AI demand will remain strong.
American Airlines adds batch of new international routes on its XLR planes
American is adding seven routes to its 2027 schedule, with the majority heading to smaller European cities from its Philadelphia hub or from New York City.