Month: September 2025
Healthy Returns: Pfizer’s new obesity bet, Metsera, releases encouraging data on lead drug
Thomas Fuller | SOPA Images | Lightrocket | Getty Images A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. Pfizer‘s newest bet on obesity is already showing promise. The company last week said it would buy […]
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New signs of a dealmaking comeback: What it means for Goldman Sachs investors
The rebound in Wall Street dealmaking is undeniable. And, for Goldman Sachs , that’s undeniably bullish. Investors got two new reasons to be optimistic about the Club stock this week: Goldman was tapped as a financial advisor in the massive deal to take video game publisher Electronic Arts private, and smaller investment bank Jefferies posted its […]
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Meet the startup testing space-based solar farms that use lasers to send power to Earth
The beaming of solar power from space back down to earth using lasers sounds like science fiction, and was even floated in an Isaac Asimov short story back in the 1940s. But that is exactly what a California-based startup is testing: Mini solar farms in the form of low-orbit satellites. California-based startup Aetherflux plans to […]
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Versant adds WNBA media deal to its growing sports portfolio
Breanna Stewart, #30 of the New York Liberty, dribbles the ball against Napheesa Collier, #24 of the Minnesota Lynx, in the fourth quarter during Game Three of the WNBA Finals at Target Center in Minneapolis, Minnesota, on Oct. 16, 2024. David Berding | Getty Images Versant has signed a new 11-year media deal with the […]
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Oil companies slash jobs by the thousands as prices fall, tariffs rise and industry consolidates
Shotbydave | E+ | Getty Images U.S. oil companies are cutting jobs by the thousands as they respond to falling crude prices, higher tariffs, and a wave consolidation in the industry. President Donald Trump promised boom times for oil and gas when he took office in January. Instead, the industry has shed 4,000 positions through […]
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How this $130 billion energy management company is fueling Nvidia’s infrastructure growth
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. Despite its name, […]
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OpenAI’s latest Sora AI video generator won’t create individuals without approval
Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty Images OpenAI is debuting what it bills as its most advanced video generation model yet, alongside a new iOS app designed to […]
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Stocks making the biggest moves midday: Pfizer, Semtech, Spotify, UiPath, CoreWeave and more
Check out the companies making the biggest moves midday: Semtech — The signal components maker rallied 8% after the company announced the launch of new optical receivers for artificial intelligence networks alongside Poet Technologies. On top of that, Oppenheimer upgraded the stock to outperform following a meeting with management. Credo Technology — Shares fell more […]
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Spotify founder Daniel Ek stepping down as CEO, company names co-CEOs to replace him
Daniel Ek, founder and chief executive officer of Spotify, attends the Cannes Lions 2016 on June 22, 2016 in Cannes, France. Antoine Antoniol | Getty Images Spotify CEO Daniel Ek will step down from his position and move to the role of executive chairman, the company said Tuesday. Spotify shares dipped 6% following the announcement. […]
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Nvidia’s market cap tops $4.5 trillion after string of AI infrastructure deals
Nvidia CEO Jensen Huang attends the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters Nvidia shares reached a fresh record on Tuesday, climbing almost 3% and lifting the chipmaker’s market cap past $4.5 trillion. The stock is now up about 39% for the year, and continues to […]
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