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CNBC Daily Open: Tesla’s revenue rose — but so did its operating costs
Technology

CNBC Daily Open: Tesla’s revenue rose — but so did its operating costs

Consumers with the Tesla Model Y L electric vehicle in Tesla stores in Shanghai, China on October 19, 2025. CFOTO | Future Publishing | Getty Images There are generally two ways for a company to increase its profit: increasing sales or cutting costs. Preferably both at the same time — because a rise in revenue […]

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CNBC Daily Open: Tesla’s increased costs outweighed its revenue growth
World

CNBC Daily Open: Tesla’s increased costs outweighed its revenue growth

Tesla electric vehicles are parked at a Tesla service center on Aug. 2, 2025 in San Diego, California. Kevin Carter | Getty Images There are generally two ways for a company to increase its profit: increasing sales or cutting costs. Preferably both at the same time — because a rise in revenue might be overshadowed […]

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Gold’s record run leads to latest market-moving tweak to the classic 60/40 investing portfolio
Finance

Gold’s record run leads to latest market-moving tweak to the classic 60/40 investing portfolio

ETF Edge Gold’s record run leads to latest market-moving tweak to the classic 60/40 investing portfolio Published Fri, Oct 17 202511:50 AM EDTUpdated 14 Min Ago Krysta Escobar WATCH LIVE Source

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DOJ seizes  billion in bitcoin from massive ‘pig butchering’ scam based in Cambodia
Politics

DOJ seizes $15 billion in bitcoin from massive ‘pig butchering’ scam based in Cambodia

The Department of Justice has seized about $15 billion worth of bitcoin held by a man who oversaw a massive “pig butchering” fraud operation based in Cambodia, prosecutors said Tuesday. The seizure is the largest forfeiture action by the DOJ in history. An indictment charging the alleged pig butcher, Chen Zhi, was unsealed Tuesday in […]

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Why Wall Street’s old ‘wall of worry’ and new ‘debasement’ trade are boosting gold, bitcoin in typically volatile October
Finance

Why Wall Street’s old ‘wall of worry’ and new ‘debasement’ trade are boosting gold, bitcoin in typically volatile October

ETF Edge Why Wall Street’s old ‘wall of worry’ and new ‘debasement’ trade are boosting gold, bitcoin in typically volatile October Published Fri, Oct 10 202512:02 PM EDTUpdated 2 Min Ago Krysta Escobar Jill Schneider WATCH LIVE Source

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‘Bitcoin is not an asset class’: UK’s biggest investment platform has a stark warning for investors
Finance

‘Bitcoin is not an asset class’: UK’s biggest investment platform has a stark warning for investors

Key Points The U.K.’s biggest retail investment platform, Hargreaves Lansdowne, has urged traders to exercise caution on cryptocurrencies. “The HL Investment view is that bitcoin is not an asset class, and we do not think cryptocurrency has characteristics that mean it should be included in portfolios for growth or income,” the firm said. A longstanding […]

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Citi backs stablecoin firm BVNK as Wall Street warms to crypto
Technology

Citi backs stablecoin firm BVNK as Wall Street warms to crypto

BVNK co-founders (L to R) Donald Jackson, Jesse Hemson-Struthers and Chris Harmes, at the company’s San Francisco Office. BVNK Citi has invested in stablecoin infrastructure company BVNK, the startup told CNBC on Thursday, as big U.S. banks ramp up their presence in the cryptocurrency and digital asset space. Stablecoins are a type of digital asset […]

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Mike Novogratz’s Galaxy Digital jumps 10% after launching retail trading app to compete against Robinhood
Finance

Mike Novogratz’s Galaxy Digital jumps 10% after launching retail trading app to compete against Robinhood

Sopa Images | Lightrocket | Getty Images Galaxy Digital shares jumped about 10% in early trading Monday after the digital assets investment firm led by CEO Mike Novogratz unveiled a Robinhood-like trading platform, GalaxyOne. The platform and mobile application, launched Monday, hosts commission-free buying and selling of more than 2,000 stocks and exchange-traded funds in […]

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This Meta alum has spent 10 months leading OpenAI’s nationwide hunt for its Stargate data centers
World

This Meta alum has spent 10 months leading OpenAI’s nationwide hunt for its Stargate data centers

Keith Heyde stands on site in Abilene, Texas, where OpenAI’s Stargate infrastructure buildout is underway. Heyde, a former head of AI compute at Meta, is now leading OpenAI’s physical expansion push. OpenAI It wasn’t how Keith Heyde envisioned celebrating the holidays. Rather than hanging out with his wife back home in Oregon, Heyde spent late […]

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Bitcoin rallies to within 1% of all-time high, gaining safe haven status during shutdown
World

Bitcoin rallies to within 1% of all-time high, gaining safe haven status during shutdown

CHONGQING, CHINA – JULY 17: In this photo illustration, a person holds a physical representation of a Bitcoin (BTC) coin in front of a screen displaying a candlestick chart of Bitcoin’s latest price movements on July 17, 2025 in Chongqing, China. (Photo illustration by Cheng Xin/Getty Images) Cheng Xin | Getty Images News | Getty […]

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