Year: 2025
Stock futures are flat as the market awaits Fed’s Jackson Hole summit, retail earnings: Live updates
SoftBank will invest $2 billion into Intel, chipmaker’s shares rise Japanese conglomerate SoftBank will invest $2 billion into Intel, according to an announcement from the two companies. SoftBank will pay $23 per share of Intel’s common stock. The chipmaker’s shares ended Monday’s regular session at $23.66. Intel jumped more than 5% in extended trading. Stock […]
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India’s social media stars are turning to business—and the industry is booming
Preeti Sarkar is a content creator and owner of the clothing brand, Peetizen. Courtesy of Preeti Sarkar Preeti Sarkar started posting on YouTube at the age of 18. Today, the 24-year-old has amassed a following of about 1.6 million on both Instagram and YouTube, and has launched her own clothing brand. She’s part of the […]
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California legislature passes bill that gives interest on insurance payouts to homeowners
An aerial view of properties cleared of wildfire debris which burned in the Eaton Fire on July 03, 2025 in Altadena, California. Mario Tama | Getty Images News | Getty Images The California state legislature passed a bill Monday that ensures homeowners, not lenders, receive at least some of the interest on insurance payouts for […]
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Palo Alto Networks reports earnings beat, says founder Nir Zuk retiring from company
Nikesh Arora, CEO of Palo Alto Networks, looks on during the closing bell at the Nasdaq Market in New York City on March 25, 2025. Jeenah Moon | Reuters Palo Alto Networks reported better-than-expected quarterly results and issued upbeat guidance for the current period. The cybersecurity software vendor said Nir Zuk, who founded the company […]
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Gemini taps Ripple for credit line ahead of IPO: CNBC Crypto World
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email On today’s episode of CNBC Crypto World, bitcoin, ether and XRP tumble to kick off the week as heightened macro concerns triggered more than $500 million in forced selling of long positions. And, Caitlin Long, founder and CEO of Custodia Bank, which […]
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Musk’s Starlink suffers apparent outage as SpaceX launches more satellites
Jakub Porzycki | Nurphoto | Getty Images Satellite internet service Starlink, which is owned and operated by Elon Musk’s SpaceX, appeared to suffer a brief network outage on Monday, with thousands of reports of service interruptions on Downdetector, a site that logs tech issues. The outage marked the second in two weeks for Starlink. SpaceX did not […]
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How retail accounting could distort profitability as tariffs take effect
As more tariffs take effect on goods imported into the U.S., a specific accounting method could have major implications for how American retailers calculate the impact. A tariff adds to the cost of an imported item when it’s received and paid for when it crosses a border. While there’s debate over who pays that tariff — […]
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Hamas accepts proposed deal for ceasefire with Israel and hostage release: Reuters
Egyptian Foreign Minister Badr Abdelatty and Palestinian Prime Minister Mohammad Mustafa attend a press conference during their visit to the Rafah border crossing between Egypt and the Gaza Strip, in Rafah, Egypt, August 18, 2025. Sherrif Fahmy | Reuters Hamas has agreed to a 60-day ceasefire proposal with Israel that includes the return of half the hostages held […]
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Tesla Optimus rival Unitree shines at the ‘World Humanoid Robot Games’ in China
The first “World Humanoid Robot Games” is in the books. The three-day competition hosted in Beijing wrapped on Sunday, attracting 280 teams from 16 countries, including the U.S. Teams used robots manufactured by Chinese companies such as Unitree and Booster. During the games, humanoid athletes competed in dance battles, martial arts, track and field events […]
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OpenAI’s Altman warns the U.S. is underestimating China’s next-gen AI threat
OpenAI CEO Sam Altman warned that the U.S. may be underestimating the complexity and seriousness of China’s progress in artificial intelligence, and said export controls alone likely aren’t a reliable solution. “I’m worried about China,” he said. Over Mediterranean tapas in San Francisco’s Presidio — just five miles north of OpenAI’s original office in the […]
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