Year: 2025
Disney making $1 billion investment in OpenAI, will allow characters on Sora AI video generator
Disney CEO Bob Iger attends late US actor Chadwick Boseman’s posthumous Hollywood Walk of Fame Star ceremony in Los Angeles, California, on Nov. 20, 2025. Unique Nicole | AFP | Getty Images The Walt Disney Company on Thursday announced it will make a $1 billion equity investment in OpenAI and will allow users to make […]
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‘Big Short’ Steve Eisman is getting worried about the AI trade
Steve Eisman of “The Big Short” fame said he is starting to worry that the artificial intelligence boom may rest on shakier ground than investors assume. “The Real Eisman Playbook” podcast host and former Neuberger Berman senior portfolio manager said he encountered a theory suggesting that as large language models continue to scale, their performance gains […]
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Art Basel Miami sees strong attendance and sales as art market recovers
Art Basel Miami Beach racked up strong sales and attendance last week, as the art market rode a wave of renewed confidence following the strong November auctions in New York. More than 80,000 collectors and art fans poured into the Miami Convention Center for the annual art show, with several works selling for over $1 […]
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Esusu, platform for renters to build credit scores, valued at $1.2 billion in new funding round
Esusu, a fintech platform that helps renters build credit scores, has raised $50 million in a Series C funding round at a $1.2 billion valuation. Renters have remained largely excluded from the traditional credit system, with an estimated $1.4 trillion paid to landlords every year in the U.S., but only 20% of those landlords choosing […]
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Bessent to propose major overhaul of regulatory body created from financial crisis
U.S. Treasury Secretary Scott Bessent speaks onstage during The New York Times DealBook Summit 2025 at Jazz at Lincoln Center on December 03, 2025 in New York City. David Dee Delgado | Getty Images Entertainment | Getty Images Treasury Secretary Scott Bessent is proposing a major change in the approach to how the government approaches […]
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The Fed’s hawkish cut, Oracle earnings, Coca-Cola’s next CEO and more in Morning Squawk
Federal Reserve Chair Jerome Powell speaks during a press conference following the Federal Open Markets Committee meeting at the Federal Reserve on Dec. 10, 2025 in Washington, DC. Chip Somodevilla | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know […]
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JetBlue unveils first ever airport lounge, BlueHouse. Here’s what’s inside
JetBlue Airways’ new lounge, BlueHouse, at JFK’s Terminal 5. Courtesy: JetBlue Airways JetBlue Airways‘ first airport lounge since it started flying nearly 26 years ago is here, inspired by a New York City apartment — but bigger. The 9,000-square foot lounge, called BlueHouse, is set to open Dec. 18 at 5 a.m. ET at the […]
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Stocks making the biggest moves premarket: Oracle, Oxford Industries, Adobe, Gemini Space Station & more
Check out the companies making headlines before the bell: Oracle — The software giant tumbled more than 12% after reporting fiscal second-quarter revenue that missed analyst expectations. Analysts across Wall Street raced to lower their price targets. Adobe — Shares fell slightly after the software company issued lackluster guidance for fiscal year 2026. Adobe sees […]
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Danish weight loss drug maker outlines ambitious 2030 strategy, ramping up pressure on Novo, Lilly
Celsopupo | Istock | Getty Images Zealand Pharma on Thursday outlined an ambitious five-year strategy for its anti-obesity portfolio Thursday, spotlighting how growing competition from smaller players is tightening the race for market leaders Novo Nordisk and Eli Lilly as more of these medicines near market entry. The new strategy, “Metabolic Frontier 2030,” comes as Zealand […]
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The exclusive WhatsApp chats where family offices vet deals, plan meetups and sell dinosaur bones
The mobile-messaging application WhatsApp is displayed on an Apple iPhone Brent Lewin | Bloomberg | Getty Images For investment firms of the ultra rich, WhatsApp is a one-stop shop for everything from vetting deals to finding the best surgeons. Sam Nallen Copley, an investment advisor at a London-based family office, runs a 970-person WhatsApp group […]
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