Month: June 2025
How twin sister triathletes doubled down on sports success to raise health-startup millions from investors
During their last year of completing work for doctoral degrees in physiology, twin sisters Michal Mor and Merav Mor started to compete in Ironman triathlon races. The demand for peak fitness led them to the realize the importance of understanding personal metabolism, and the lack of data being collected on it through devices accessible to […]
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Palantir CEO Karp says AI is dangerous and ‘either we win or China will win’
Alex Karp, Palantir CEO, and Chris Johnson, Teletracking co-CEO, joins CNBC’s ‘Squawk on the Street’ on June 5, 2025. CNBC Palantir CEO Alex Karp said the artificial intelligence arms race between the U.S. and China will culminate in one country coming out on top. “My general bias on AI is it is dangerous,” Karp told […]
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Stocks making the biggest moves midday: Brown-Forman, Five Below, Ciena, PVH, Planet Labs and more
Check out the companies making the biggest moves midday: MongoDB — The document storage and retrieval provider surged 16% after first-quarter earnings of $1 per share, excluding one-time items, topped an LSEG estimate of 66 cents per share. Revenue of $549 million topped the consensus estimate of $528 million. Tesla — The electric vehicle maker […]
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The $449 Nintendo Switch 2 is totally ‘worth the money,’ superfans say, including one who waited in line over 24 hours: ‘It’s a no-brainer’
It’s been more than 25 years since Nintendo held a console launch where Edwin Flores wasn’t among the first in line. The avid gamer was at the Times Square Toys R Us for the launch of the GameCube in 2001, and has been there at midnight to be among the first in the world to […]
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Disney says its theme parks generate $67 billion in annual U.S. economic impact
A statue of Walt Disney and Mickey Mouse stands in a garden in front of Cinderella’s Castle at the Magic Kingdom Park at Walt Disney World on April 3, 2025, in Orlando, Florida. Gary Hershorn | Corbis News | Getty Images For decades Disney’s domestic theme parks have been the growth engine for tourism, job […]
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CNBC’s Inside India newsletter: Wall Street and investors turn bullish on India after two turbulent quarters
Stock traders monitor share prices during an intra-day trading session at a brokerage house in Mumbai on April 8, 2025. Asian and European markets battled on April 8 to recover from the previous day’s tariff-fuelled collapse. US President Donald Trump slapped a flat 26 percent tariff on imports from India last week, with New Delhi […]
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Brown-Forman shares plummet as whiskey maker warns of tariff uncertainty
Bottles of the American whiskey Jack Daniel’s are offered for sale in a liquor store on November 27, 2023 in Chicago, Illinois. Scott Olson | Getty Images Shares of Jack Daniel’s-maker Brown-Forman plunged more than 18% on Thursday after the company reported quarterly earnings that came in below analyst estimates, weighed down by the impact […]
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Tesla shares sink 4% as Musk continues to bash Trump’s spending bill
Tesla CEO Elon Musk listens as U.S. President Donald Trump speaks to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. Kevin Dietsch | Getty Images Shares of Tesla slid about 4% Thursday as CEO Elon Musk continued his relentless pressure on Congress to “KILL” President Donald Trump’s […]
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Wealthy inheritors plan to fire their parents’ wealth advisors
Wide shot of friends and family enjoying dinner and sunset during destination wedding reception at luxury villa in Morocco Thomas Barwick | Digitalvision | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight […]
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MongoDB jumps 15% after company boosts guidance, cites confidence in cloud-based database service
Dev Ittycheria, CEO of MongoDB Adam Jeffery | CNBC MongoDB shares surged 15% after the software company surpassed fiscal first-quarter earnings expectations and raised its outlook, citing growing confidence in its cloud-based database service. Revenues hit $549 million during the period, jumping 22% from more than $450 million in the year-ago period. That topped a […]
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