Stock futures are flat as the market awaits Fed’s Jackson Hole summit, retail earnings: Live updates

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 Chart IconStock chart icon

hide content

Intel shares over the past day

Meta Platforms sees largest increase in short interest of any U.S. stock this year, S3 says

Meta Platforms, which dropped 2.3% on Monday, has seen the largest increase in short interest of any U.S. stock this year, according to S3 Partners, which specializes in tracking the activity of short sellers, who try and profit from a decline in a company’s stock price.

Meta’s notional short interest has soared 75%, or $11 billion, so far in 2025, S3 said in a note Monday. The amount of Meta’s shares sold short as a percentage of the total outstanding has jumped 38% in recent weeks, and 35% so far in 2025, the researcher said.

The second-largest increase in year-to-date notional short interest was in Palantir, which rose $2.8 billion, S3 said.

META’s 30% YTD stock price gain accounts for roughly half of the rise in short interest notional, with the remainder driven by new shorts. Reasons for shorting META include Heavy AI and Metaverse spending, Trade/Tariff Risks, Growth Slowdown, Higher Valuation and Weakening Ad Market,” S3 said.

— Scott Schnipper

Palo Alto Networks jumps 5% after earnings beat

Shares of Palo Alto Networks jumped more than 5% in extended trading after the chipmaker’s quarterly results topped Wall Street estimates and issued better-than-expected guidance for the first quarter and full year.

The results come weeks after Palo Alto announced plans to buy Israeli identity security provider CyberArk for $25 billion, its heftiest deal ever.

Palo Alto also said its founder and Chief Technology Officer Nir Zuk is retiring.

— Yun Li



Source

CNBC Daily Open: Trump’s China trip ends, but uncertainty remains
World

CNBC Daily Open: Trump’s China trip ends, but uncertainty remains

Chinese President Xi Jinping (not pictured) holds a welcome ceremony for U.S. President Donald Trump, who is on a state visit to China, outside the Great Hall of the People prior to their talks on May 14, 2026 in Beijing, China. VCG | Getty Images Hello, this is Katie Foley writing to you from London. […]

Read More
Billionaire Gautam Adani and nephew agree to pay  million in SEC settlement over fraud allegations
World

Billionaire Gautam Adani and nephew agree to pay $18 million in SEC settlement over fraud allegations

Gautam Adani, chairman of Adani Group, during the inauguration ceremony for the Navi Mumbai International Airport in Navi Mumbai, India, on Wednesday, Oct. 8, 2025. Indranil Aditya | Bloomberg | Getty Images Shares of Adani Enterprises and Adani Green Energy pared early losses on Friday after the U.S. regulators sought court approval for a settlement […]

Read More
Honda shares rise over 7% as investors shrug off first operating loss in nearly 70 years
World

Honda shares rise over 7% as investors shrug off first operating loss in nearly 70 years

In an aerial view, the Honda of San Marcos dealership is seen on March 12, 2026 in San Marcos, Texas. Brandon Bell | Getty Images Shares of Honda Motor rose over 7% on Friday, even after the Japanese automaker posted its first annual operating loss in nearly 70 years. Honda swung to an operating loss of 414.3 billion […]

Read More