Google's AI reshuffle: Chief scientist Jeff Dean exits and Demis Hassabis steps down as DeepMind CEO
Google's AI divisions are getting reshuffled, the search giant announced on Wednesday.
Iran, Oman say Strait of Hormuz talks in final stages, as Trump again teases a deal being close
Trump's latest remarks signaling again that a deal with Iran to reopen the Hormuz Strait is close at hand drove oil prices lower and sent stocks soaring.
As Warsh and the Fed contemplate fewer meetings, markets brace for potential volatility ahead
Since taking office in May, Warsh has implemented several measures that reverse decades of Fed culture.
Etsy laying off 12% of staff in bid to streamline business, position for growth
Etsy announced the layoffs along with second-quarter earnings.
E.l.f. Beauty sees $50 million windfall in tariff refunds as profits surge 100%
E.l.f. Beauty received $50 million in tariff refunds during its fiscal first quarter, leading profits to nearly double.
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.
Wall Street's 'fear gauge' is doing something unusual as stocks hit record highs
Stocks and the Cboe Volatility Index move together only about 20% of the time.
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.
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.
How Disney parks are bucking a travel slowdown
Disney posted record quarterly revenue at its parks division despite a continued slump in international travel to the U.S.
Flutter shares plummet on earnings miss and another key leadership change
FanDuel, Flutter's most important business, has been losing its dominance in market share in the United States.
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.
Lisa Su brushes off Musk's Nvidia commitment as AMD stock sinks after earnings
The chip giant has been a big beneficiary of the AI boom, with stock trading 132% up so far in 2026.
SpaceX stock falls 13% as AI spending surge rattles investors and massive share unlock looms
CEO Elon Musk said SpaceX would hit $1 trillion in annual revenue in 2030 versus a previous forecast of 2031 as he looked to strike an bullish tone.
Abdul El-Sayed wins Michigan Democratic Senate primary as voters pivot to the left
Abdul El-Sayed won the Michigan Democratic Senate primary, setting up a context with former Rep. Mike Rogers in the November general election.
We're increasing our Eli Lilly price target after another beat-and-raise quarter
The strength of its GLP-1 business suggests the stock still has more room to run.
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
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.
Manager of DRAM memory chip stock 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.
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.
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.
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.
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.
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.