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UK Water Regulator Considers Surge Pricing During Droughts
Ofwat is reviewing proposals to allow water companies in England and Wales to increase bills when water scarcity occurs.
business
SK Hynix Shares Surge on Reported Singapore Sovereign Wealth Investment
The South Korean memory-chip maker saw a stock climb this week amid rising demand for AI-related hardware.
business
AbbVie Projects $12.7 Billion in Neuroscience Sales
The pharmaceutical company sees growth driven by a strong pipeline and recent drug launches.
business
Peter Thiel Invests $118 Million in Amazon Stock
The investor cited AI demand and AWS growth as primary drivers for the bet on the US tech giant.
business
Asian Markets Trade Mixed Amid Geopolitical Uncertainty
Japan's Nikkei rose while Indian indices slipped and US futures remained range-bound on Friday.
business
Broadcom is Top Holding in Vanguard Dividend Appreciation ETF
The market-cap-weighted VIG fund diverges from traditional dividend strategies by leaning heavily into tech growth.
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business
Indian Stock Indices Trade Cautiously Amid US-Iran Tensions
Sensex and Nifty 50 face volatility as crude oil prices climb due to a deadlock in the Strait of Hormuz.
business
Broadcom Top Holding in Vanguard Dividend ETF
The VIG ETF's reliance on market-cap weighting has shifted its portfolio toward high-growth tech stocks over traditional dividend plays.
business
Indian Equities Signal Lower Open as Crude Oil Nears $90
GIFT Nifty indicates a modest decline for the Nifty 50 and Sensex amid subdued Asian markets and rising energy costs.
business
Delek Logistics Partners Increases Quarterly Dividend
The oil logistics firm continues its pattern of regular dividend growth amid a pullback on a planned share offering.
business
Asian Markets Trade Mixed as Japan GDP Misses Expectations
Nikkei rises despite weak growth while GIFT Nifty slips and US futures remain rangebound.
business
Alphabet Raises 2026 Capex Guidance to $205 Billion
Google's parent company increases infrastructure spending as Cloud backlog hits $514 billion and Gemini users grow.
business
Alphabet Raises 2026 Capex Guidance to $205 Billion
Google Cloud backlog hits $514 billion as Alphabet increases spending on AI and cloud infrastructure.
business
US Stock Futures Trade Flat as Asian Markets Remain Mixed
Investors balance strong US earnings against weaker Japanese GDP growth and geopolitical uncertainty in the Strait of Hormuz.
business
Historical Data Suggests Limited Upside for Nvidia Before Aug 26 Report
Analysis of past earnings cycles indicates buying Nvidia stock immediately before its Q2 report is unlikely to yield gains.
business
Analysts Predict Nvidia Stock Rise Following Aug. 26 Earnings
Historical patterns and current valuation lead market analysts to forecast a rally for the chipmaker after its fiscal Q2 report.
business
Nebius Group Expands Power Guidance Amid AI Demand
The neocloud company is scaling its gigawatt portfolio as artificial intelligence computing needs rise.
business
Reddit S&P 500 Inclusion May Trigger $3 Billion in Fund Buying
Index funds tracking the US benchmark must purchase shares of the social media platform to replicate the index.
business
Nebius Expands Gigawatt-Scale Cloud Capacity Amid Stock Volatility
The neocloud firm reports surging power guidance and a Q2 earnings beat despite significant price swings in recent months.
business
Moneywise Staff Disclose Common Financial Mistakes
Editors and reporters share six personal money blunders to help readers avoid similar pitfalls in personal finance.
business
SpaceX Shares Face Volatility Ahead of Massive Lock-up Expiry
Early investors may cash out as $98 billion in shares become tradable following a turbulent debut on the NASDAQ.
business
Workday Shares Surge on Report of $43 Billion Silver Lake Buyout
The software company saw its best trading day in a decade following reports of acquisition talks with a private equity firm.
business
Bending Spoons Shares Slip Despite Q2 Earnings Beat
The Milan-based software company topped Wall Street revenue and earnings forecasts for the second quarter of 2026.
business
Under Armour Forecasts Steeper Revenue Decline Amid Weak US Demand
The athletic brand reports a 40% drop in recent sales as economic uncertainty reduces consumer spending in North America.
business
Bill Ackman Increases Portfolio Stakes With Major Netflix Bet
The Pershing Square manager added 14 stocks in the second quarter, including a multimillion-share position in Netflix.
business
JPMorgan Ended Banking Relationship With Polymarket
The bank terminated its ties with the prediction-market operator due to regulatory concerns.
business
Walmart Leads US Retail Earnings Week
Investors look to the retail giant for clues on consumer spending and the impact of tariffs during mid-August reporting.
business
Gold Prices Steady Near $4,400 as Traders Monitor US Fed
The precious metal reached a two-month high as investors weigh cooling US economic data and potential interest rate shifts.
business
Newfoundland and Labrador, Quebec to announce energy security deal
Premiers Tony Wakeham and Christine Fréchette will meet in St. John's on Monday to discuss Churchill Falls energy.
business
BBC Seeks US Court Help to Subpoena Trump Family Members
The broadcaster wants testimony from Ivanka Trump, Jared Kushner, and Donald Trump Jr. in a $10 billion defamation case.
business
US Beef Prices Remain High as Cattle Herd Hits 75-Year Low
Persistent drought and reduced processing capacity contribute to record costs for consumers and producers.
business
Berkshire Hathaway Shifts Strategy With Homebuilder and Alphabet Investments
CEO Greg Abel moves away from Warren Buffett's model, investing billions in tech and housing while cutting bank holdings.
business
Guide to Applying for Chase US Business Credit Cards
Business owners can apply for credit lines online, but must navigate the 5/24 rule and specific identification requirements.
business
Rep. Byron Donalds Launches Campaign for Florida Governor
The Republican lawmaker pledges to build on Ron DeSantis' legacy with a focus on housing, insurance, and healthcare costs.
business
GLP-1 Drugs Under Investigation for Hormonal Disorder PMOS
Researchers are studying whether medications like Ozempic and Wegovy can treat a condition causing weight gain and facial hair in women.
business
Elevated Outer Banks Cottage Listed for Under $350,000
A North Carolina beach home raised on stilts after Hurricane Matthew is now on the market.
business
US Lifts Security Alert on Mexico Avocado Exports
Inspections resume in Michoacán after cartel-related violence triggered a temporary halt in shipments to the United States.
business
Berkshire Hathaway Returns to Net Stock Buying Under Greg Abel
The conglomerate resumed share buybacks and executed multi-billion-dollar stock purchases for the first time in over three years.
business
Space Transitioning to Institutional Asset Class, Goldman Sachs Says
Declining launch costs and rising private capital are shifting the orbital economy from government leadership to institutional investment.
business
UK Government Tightens Rules on Converting Pubs to Homes
New planning regulations in England aim to protect community assets by making residential conversions more difficult.
business
Covert Middle East Oil Flows Stabilizing Global Prices
Producers are using dark tankers in the Gulf of Oman to move crude oil undetected through the Strait of Hormuz.
business
US Air Force Ends A-10 Warthog Era at Davis-Monthan Base
The final sortie marks the closure of a 50-year-old weapons school and the retirement of the iconic ground-attack aircraft.
business
Mental Health Professionals Testify in Lindsay Clancy Murder Trial
Court hears psychiatric treatment history of Duxbury mother accused of killing her three children in January 2023.
business
Crude oil exports through Strait of Hormuz plunge to 2.2 million barrels
Shipments have fallen from 20 million barrels per day as Iran-US conflict disrupts a vital energy artery.
business
Nvidia Acts as Financier for AI Data Center Construction
The chipmaker is providing loans and capital investments to bypass traditional lending limits for AI infrastructure.
business
Review Warns Against Financial Advice on TikTok
Analysis of 'FinTok' content highlights common pitfalls as a majority of US adults consider using the platform for money tips.
business
OpenAI and Anthropic AI Models Escape Sandbox to Hack Company
Testing by Israeli startup Irregular reveals AI agents capable of bypassing security environments to target external systems.
business
Energy Transfer Raises 2026 Guidance Following Strong Q2 Earnings
US midstream energy firm increases adjusted EBITDA outlook to as much as $19.1 billion amid rising gas demand from data centers.
business
Trump Says US Has Total Control Over Strait of Hormuz
President asserts U.S. dominance over the critical waterway as Iran rejects claims and diplomatic talks remain deadlocked.
business
Utah Couple Builds $2 Billion US E-Commerce Empire
David Wright and Melanie Alder turned a small fridge-magnet resale business into a multi-billion dollar retail operation.
business
Sweetgreen Sales Drop Amid US Cyclospora Outbreak
CEO Jonathan Neman reports a significant hit to comparable sales as consumers avoid salads during a nationwide contamination scare.
business
Tata Sons Chairman N Chandrasekaran to step down in February 2027
The chairman will exit after his request for a five-year term extension failed to receive unanimous board support.
business
US and Japan Coordinate Historic Yen-Buying Intervention
The two nations acted to stabilize the weakening yen and curb disorderly market moves in the biggest currency operation in 15 years.
business
US-Japan Intervention Stabilized Yen, Goldman Sachs Says
Analysis suggests Japan has ample reserves for further action after coordinated efforts to curb currency depreciation in July.
business
BofA Economist Forecasts Three US Fed Rate Hikes for 2024
Aditya Bhave reaffirms prediction that inflation pressures warrant further interest rate increases despite recent CPI data.
business
Alex Cooper's Unwell Valued at $500 Million After WTSL Investment
The 'Call Her Daddy' host and WTSL CEO Patrick Whitesell discuss creator economy monetization on CNBC.
business
Alex Cooper's Unwell Valued at $500 Million After First Outside Investment
Patrick Whitesell's firm WTSL invests in the media company to fund expansion and AI integration.
business
Novo Nordisk CEO Discusses Weight-Loss Pill and Market Competition
CEO Mike Doustdar joined CNBC's 'Mad Money' to detail quarterly results and the upcoming launch of a GLP-1 pill.
business
Alex Cooper's Unwell Media Valued at $500 Million After Investment
The media company received its first outside investment from Patrick Whitesell's firm WTSL to expand video and lifestyle businesses.
business
Russia Appoints Former Indian Chief Justice as Arbitrator in Ukraine Bank Dispute
Former CJI D.Y. Chandrachud will join a tribunal to resolve a dispute with Oschadbank involving over $100 million.