Month: July 2025

Stocks making the biggest moves premarket: Coinbase, Levi Strauss, AMC and more
Finance

Stocks making the biggest moves premarket: Coinbase, Levi Strauss, AMC and more

Check out the companies making headlines before the bell. Levi Strauss — The denim apparel stock rose 7% after second-quarter results topped expectations. Levi Strauss reported 22 cents in adjusted earnings per share on $1.45 billion of revenue. Analysts surveyed by LSEG were looking for 13 cents per share and $1.37 billion. The company also […]

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Tesla to officially launch in India with planned showroom opening
Technology

Tesla to officially launch in India with planned showroom opening

Elon Musk meets with Indian Prime Minister Narendra Modi at Blair House in Washington DC, USA on February 13, 2025. Anadolu | Anadolu | Getty Images Tesla will open a showroom in Mumbai, India next week, marking the U.S. electric carmakers first official foray into the country. The one and a half hour launch event […]

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IMAX is headed for its best year on record as it capitalizes on Hollywood’s box office rebound
Business

IMAX is headed for its best year on record as it capitalizes on Hollywood’s box office rebound

General atmosphere during an IMAX private screening for the movie “First Man” at an AMC theater in New York City on Oct. 10, 2018. Lars Niki | Getty Images Entertainment | Getty Images More than a year before “F1: The Movie” would eventually hit theaters, Apple struck a deal with IMAX. The studio secured the […]

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Bitcoin flies to new all-time highs, topping 8,000 as institutions pile into ETFs
Technology

Bitcoin flies to new all-time highs, topping $118,000 as institutions pile into ETFs

In this photo illustration a Bitcoin logo seen displayed on a smartphone with stock market percentages in the background. Omar Marques | SOPA Images | LightRocket | Getty Images Bitcoin extended its rally on Friday, rising to new records overnight after bitcoin ETFs saw their biggest day of inflows of the year. The price of […]

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Jamie Dimon has a blunt message for Europe: ‘You’re losing’
World

Jamie Dimon has a blunt message for Europe: ‘You’re losing’

Key Points Jamie Dimon told an event in Ireland on Thursday that Europe was “losing” on competitiveness and lacked the kind of global, successful corporations common in the U.S. The JPMorgan Chase boss also told an event in Ireland that there was “complacency in the markets” around U.S. tariffs and rates. Dimon said he saw […]

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How Iconiq, the wealth firm backed by Mark Zuckerberg, brings ultra-rich philanthropists together
Business

How Iconiq, the wealth firm backed by Mark Zuckerberg, brings ultra-rich philanthropists together

Meta CEO Mark Zuckerberg and Square CEO Jack Dorsey. Manuel Orbegozo | Handout | Reuters 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 to your inbox. Even as tax changes may reduce giving by […]

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Why 22 million people may see ‘sharp’ increase in health insurance premiums in 2026
Finance

Why 22 million people may see ‘sharp’ increase in health insurance premiums in 2026

Key Points The so-called “big beautiful bill” that President Donald Trump signed on July 4 cut taxes for many households. However, the law didn’t extend an enhanced premium tax credit that has lowered health insurance premiums for millions of Affordable Care Act enrollees in recent years. The tax break is slated to end after 2025, […]

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Intel spins out AI robotics company RealSense with  million raise
Technology

Intel spins out AI robotics company RealSense with $50 million raise

Brian Krzanich, chief executive officer of Intel Corp., right, shows the collision avoidance feature of an AscTec Firefly drone with Intel RealSense cameras during the 2015 Consumer Electronics Show (CES) in Las Vegas, Nevada. Patrick T. Fallon | Bloomberg | Getty Images Intel is spinning out its artificial intelligence robotics and biometric venture as more […]

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Patrick Mahomes is investing in his love for coffee — and isn’t thrilled about an 18-game season
Business

Patrick Mahomes is investing in his love for coffee — and isn’t thrilled about an 18-game season

Kansas City Chiefs quarterback Patrick Mahomes has added “coffee entrepreneur” to his already packed resume. The three-time Super Bowl champion has invested in Throne Sport Coffee, adding to the 29-year-old superstar’s portfolio off the field. As his Chiefs and the rest of the NFL gear up for the upcoming season, Mahomes spoke to CNBC about […]

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China’s deflationary slide is worsening as companies spiral into price wars
Finance

China’s deflationary slide is worsening as companies spiral into price wars

Key Points There’s a pattern in China: companies rush into an industry, then resort to discounts to stay afloat. “On the surface you’re dominating, but deep inside you’re paying a high price to dominate,” an economist said. The escalation of tariffs has made Chinese manufacturers more determined to build factories overseas, “potentially generating redundant supply […]

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