Month: July 2025
Hong Kong’s IPO market is on fire — here’s what’s fueling the surge
Robin Zeng, founder and chairman of Contemporary Amperex Technology Co. Ltd. (CATL), third right, strikes a gong as Paul Chan, Hong Kong’s financial secretary, second right, and Bonnie Chan, chief executive officer of Hong Kong Exchanges & Clearing Ltd. (HKEX), right, applaud during the CATL listing ceremony at the Hong Kong Stock Exchange in Hong […]
Read More
CNBC Daily Open: Wall Street disregards job losses to focus on cheaper shoes from Vietnam
White Nike sneakers on June 26, 2025 in Paris, France. Edward Berthelot | Getty Images Entertainment | Getty Images If I had to choose between having a job and paying less for Nike shoes, you’d see me run barefoot to the office. Wednesday’s market moves, however, suggested that Wall Street preferred the cheaper shoes. […]
Read More
Asia-Pacific markets open mixed as investors assess U.S.-Vietnam trade deal
The Otemachi One Tower building in Tokyo, Japan. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets traded mixed Thursday as investors await details on the U.S.-Vietnam trade agreement that President Donald Trump announced Wednesday. The U.S. is imposing a 20% tariff on goods imported from the Southeast Asian nation, while the latter will impose “ZERO […]
Read More
Stock futures are little changed as Wall Street awaits June jobs report: Live updates
Traders work at the New York Stock Exchange on July 2, 2025. NYSE U.S. stock futures were little changed on Wednesday night as traders braced for June’s big jobs report. S&P 500 futures were fractionally higher, while Nasdaq 100 futures traded near flat. Futures tied to the Dow Jones Industrial Average rose 29 points, or […]
Read More
Datadog stock jumps 10% on tech company’s inclusion in S&P 500 index
The Datadog stand is being displayed on day one of the AWS Summit Seoul 2024 at the COEX Convention and Exhibition Center in Seoul, South Korea, on May 16, 2024. Chris Jung | Nurphoto | Getty Images Datadog shares were up 10% in extended trading on Wednesday after S&P Global said the monitoring software provider […]
Read More
Sean ‘Diddy’ Combs is denied bail after mixed verdict clears him of top charges in sex crimes case
2018 Vanity Fair Oscar Party – Arrivals – Beverly Hills, California, U.S., 04/03/2018 – Rapper P. Diddy. Danny Moloshok | Reuters A judge declined Wednesday to set Sean “Diddy” Combs free on bond to await sentencing in his sex crimes case. The bond decision came after a jury convicted one of hip-hop’s celebrated figures of […]
Read More
OpenAI says Robinhood’s tokens aren’t equity in the company
Jaque Silva | Nurphoto | Getty Images OpenAI is distancing itself from Robinhood‘s latest crypto push after the trading platform began offering tokenized shares of OpenAI and SpaceX to users in Europe. “These ‘OpenAI tokens’ are not OpenAI equity,” OpenAI wrote on X. “We did not partner with Robinhood, were not involved in this, and […]
Read More
EV maker Lucid misses second-quarter delivery estimates on soft demand
The Lucid display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC Lucid missed Wall Street expectations for second-quarter deliveries on Wednesday, hit by softer demand for its luxury electric vehicles as consumers grapple with economic uncertainty and higher costs. The company delivered 3,309 vehicles in the […]
Read More
Amazon to shut down Freevee streaming TV service in August
Amazon logo on a brick building exterior in San Francisco on Aug. 20, 2024. Smith Collection | Gado | Archive Photos | Getty Images Amazon is discontinuing its stand-alone free streaming TV service next month as it looks to consolidate its content offerings under Prime Video. The service, called Freevee, launched in 2019 underneath IMDb, […]
Read More
Clear CEO Caryn Seidman Becker on future of identity verification technology in daily life
Clear and its dedicated security lines have become a common sight across major airports throughout the U.S. and globally in cities including Amsterdam, Montreal and Rome. Caryn Seidman Becker had a vision to transform the security part of the travel experience when she bought the company now known as Clear out of bankruptcy alongside co-founder […]
Read More