Berkshire earnings rose last quarter and CEO Greg Abel is starting to deploy Buffett's massive cash hoard
Strength across its energy, railroad and manufacturing businesses more than offset weaker insurance results.
Hugging Face hack marks start of dangerous AI cyber era and many firms 'don't even know it'
The Black Hat cybersecurity conference in Las Vegas couldn't have come at a better time, with AI agent hacks stacking up from Anthropic, Meta and OpenAI.
UAE says one of its ships was targeted by missile as U.S.-Iran tensions over Strait of Hormuz remain high
Iran's military stressed that the crucial waterway would only be reopened when the U.S. accepts Iran's conditions.
Cyclospora fears lead consumers to lose their appetite for salads
Traffic to salad chains has fallen as consumers avoid greens due to the ongoing cyclospora outbreaks across the U.S.
Trump teased an Iran deal that didn't come, but markets soared. Here’s why it keeps happening
As oil reserves and munitions stockpiles reportedly dwindle, analysts wonder how much longer markets will pounce when the Trump admin. dangles an Iran deal.
Inside the startup drone maker powering Ukraine's deep-strike campaign
Fire Point CEO Iryna Terekh says Ukraine has "learned the hard way" that military leverage is integral to to bringing diplomacy within reach.
Elevator giant Otis wants to be a defensive play in an volatile market. It has to prove itself first
Otis positions itself as a long-term growth stock, but shares are down due to setbacks in its elevator service business and investors chasing the AI trade.
How cleaning up space debris could grow to become a big business
As Earth’s orbit gets more crowded, companies are betting that cleaning up space junk could become a lucrative new business.
Hollywood is cranking out billion-dollar movies again. 'Spider-Man' just joined the ranks
Box office analysts say the resurgence of billion-dollar releases bodes well for a film industry that's still chasing pre-Covid levels, even with higher prices.
Prediction markets take center stage in latest round of quarterly earnings reports
Recent quarterly reports from DraftKings, Flutter Entertainment and others offer a view into prediction markets businesses and their performance.
‘SaaSpocalypse’ debate intensifies as software stocks swing wildly
This week saw massive moves in both directions for software stocks, as investors try to figure out which names are best insulated from artificial intelligence.
A record-breaking week for options powers S&P 500 surge; volatility gauge is near 2026 low
The broad market benchmark soared to records this week, benefiting from options activity and a calmer VIX.
Here are three key takeaways from the disappointing July jobs report
Nonfarm payrolls in the U.S. unexpectedly declined in July, but so did the unemployment rate, leaving investors with mixed signals.
Burger King overtakes Wendy's as the nation's second-largest burger chain
Burger King is once again the second-largest burger chain in the U.S. by system-wide sales.
Falling long-term unemployment isn't good news, economists say — what it means for jobseekers
Unemployment appears to have fallen due to an exodus of workers from the labor force, which would be bad for household finances and the economy.
The unwind of Situational Awareness isn't the only reason the AI trade is back
The hedge fund's forced selling was a clearing event, but earnings are sustaining the AI trade
Trump revives effort to fire Fed's Lisa Cook
Trump aide Dan Scavino told Cook there is "sufficient reason to believe that you made false statements on one or more mortgage agreements."
Chesky says Airbnb will spend ‘a lot more’ on AI as earnings beat and stock surges 15%
Airbnb CEO Brian Chesky wasn’t sure AI would help the company, but a year later, he says it’s the reason growth is back.
Russia sanctions bill honoring Lindsey Graham breezes through Senate, heads to House
A measure to impose new sanctions on Russian oil purchasers easily cleared the Senate and heads to the House.
Top Democrat proposes killing tax breaks for overseas oil production
Gas prices in the U.S. averaged $4.06 per gallon on Thursday — a major source of voter discontent heading into November's midterm elections.
Gold bugs spend $180 million betting all's clear for metal as bond yields stall
Despite a 25% decline in gold from its high in January, proponents of the precious metal are storming into bullish call positions.
Rockstar Energy founder builds Celsius stake, wants to take over as CEO
Rockstar Energy founder Russ Savage told CNBC he now controls 12 million shares of Celsius Holdings, amounting to roughly 4.7% of the energy drink company.
U.S. economy unexpectedly lost 23,000 jobs in July
Nonfarm payrolls were projected to increase by 83,000 in July while the unemployment rate would hold steady at 4.2%, according to the Dow Jones consensus.
Shares of this digital medical platform jumped more than 100% overnight. Here’s why
The company is seeing huge profitability potential and a larger addressable market as a result of AI search.