business news
How this French building behemoth wants to solve the U.S. housing dilemma
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. French […]
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Paramount sweetens WBD bid, but stops short of raising its per-share value
Paramount Skydance said Tuesday it has sweetened its offer for Warner Bros. Discovery, adding a so-called “ticking fee” to signal regulatory confidence among other new elements. Paramount stopped short, however, of raising its per-share offer to WBD shareholders. In December, Paramount launched a hostile tender offer for the entirety of Warner Bros. Discovery at $30 […]
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GOP Sen. Johnson slams Dems’ ‘obnoxious’ judicial warrant demand as another shutdown looms
U.S. Senator Ron Johnson (R-Wisc.) speaks with reporters after a vote in the U.S. Capitol June 3, 2025. Annabelle Gordon | Reuters Sen. Ron Johnson, R-Wis., on Tuesday slammed Democrats for conditioning Homeland Security Department funding on a requirement that federal immigration agents must obtain judicial warrants to carry out key enforcement activities. Johnson, in […]
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Michael Saylor downplays Strategy credit risk as bitcoin tumbles: ‘We’ll refinance the debt’
Key Points If bitcoin continues to fall, Strategy plans to just refinance its debt, claims CEO Michael Saylor. Saylor refuted the idea that Strategy would sell any of its digital asset holdings: “I expect we’ll be buying bitcoin every quarter forever,” he said. Strategy holds 714,644 bitcoins, making it the largest corporate owner of the […]
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Spotify pops 14% on strong user growth, earnings beat
Muhammed Selim Korkutata | Anadolu | Getty Images Spotify‘s stock popped 14% as the music streaming platform added more users and bolstered features in newer markets. Here’s how the company did compared to LSEG estimates. Earnings per share: 4.43 euros vs 2.74 euros expected Revenue: 4.53 billion euros vs 4.52 billion euros expected Revenues in […]
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Yen extends gains after Takaichi election victory, U.S. data in focus
The dollar nursed losses on Tuesday ahead of monthly economic data, while the yen held on to its gains after Prime Minister Sanae Takaichi’s election victory. Irina Marwan | Moment | Getty Images The U.S. dollar extended Monday’s decline against the yen after Prime Minister Sanae Takaichi’s election victory, while remaining little changed against European […]
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Oil gains as traders weigh supply risks linked to US–Iran tensions
Oil prices eased slightly on Tuesday after U.S. guidance for vessels transiting the Strait of Hormuz kept attention on tensions between Washington and Tehran. Aldo Pavan | The Image Bank | Getty Images Oil prices edged up on Tuesday as traders gauged the potential for supply disruptions after U.S. guidance for vessels transiting the Strait of Hormuz […]
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Kalshi says Super Bowl trading volume surpassed $1 billion
Kalshi saw more than $1 billion in trading volume on Super Bowl Sunday, reaching a daily record high, according to CEO Tarek Mansour. That volume was up 2,700% year-over-year, according to the company. The platform allows users to buy event contracts for outcomes in politics, pop culture, financial markets and sports. “It was an incredible […]
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Stocks making the biggest moves premarket: Coca-Cola, CVS Health, Ferrari, Taiwan Semi and more
Check out the companies making headlines before the bell. Taiwan Semiconductor Manufacturing — The semiconductor foundry’s stock rose 3% after the firm posted its highest monthly revenue ever. Its January revenue soared to $401.3 billion New Taiwan dollars, up 37% from the same quarter a year ago, the firm said Tuesday in a statement. Dupont […]
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UBS downgrades U.S. IT sector despite a recovery. It gave 3 reasons why
Key Points UBS downgraded its outlook on U.S. IT stocks on Tuesday, citing lingering “software uncertainty” and increased capital expenditure. The Swiss investment bank’s move comes after a sell-off in software stocks over the past week as investors turn cautious towards the sector. UBS recommended investors diversify exposure to other sectors, including healthcare and utilities. […]
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