Tesla’s stock jumps as the company gets cleared for a Las Vegas robotaxi launch
Nevada regulators just approved a massive expansion of Tesla’s robotaxi fleet across the entire county.
City & Markets
ARS Pharma (SPRY) Cuts Spending As It Chases Neffy Market Share
On August 13, ARS Pharmaceuticals (NASDAQ:SPRY) held its second-quarter 2026 earnings call, the first for new President and CEO Donn Casale. He used it to lay out three priorities: sharper commercial …
Former JPMorgan exec takes on Social Security advisory role
If you’re like a lot of people navigating this tax season, you might have a simple strategy: Pay what you owe now and forget the rest — aka defer taxes wherever possible — until you hit retirement.
Moving Up the AI Stack: Where the Next Trillions Could Accrue
A day in AI now feels like a year in any other industry. Model releases, software breakthroughs, and hardware improvements are compressing multi-year cycles for any other industry into weeks. Over jus…
‘We are committed Christians’: Our son and daughter-in-law cut us out of their lives after a political argument. Should we change our $3 million will?
This is Thinking In Public, a program dedicated to intelligent conversation about frontline theological and cultural issues with the people who are shaping them.
Trump tariff deadline looms as U.S. and Canada say final trade deal is near
The U.S. and Canada will continue trade negotiations Friday morning, Ottawa said, with just hours remaining to reach a final deal before President Donald Trump's new tariffs on hockey sticks, wine and…
Earnings call transcript: EnWave’s Q3 2026 revenue rises as losses narrow
Q3 2026 saw a 21% revenue increase and improved gross margin, driven by equipment sales and higher royalties. Adjusted EBITDA loss narrowed significantly, while new international agreements expanded t…
Here’s how Bessent’s newly activist Treasury Department is undercutting the Fed’s Warsh
The surprising move this week by Treasury Secretary Scott Bessent to intervene in Treasury markets to lower the cost of government debt undercuts the credibility of Federal Reserve Chairman Kevin Wars…
Bitcoin Nears $80K as Whales Accumulate, ETF Inflows Fuel Rally: Experts
Bitcoin (CRYPTO: $BTC) climbed above $79,000 on Friday, extending its gains for a fourth straight day as large holders increased their exposure and institutional money returned to the market.
States are coming after prediction markets — and setting up a costly legal battle over who gets to regulate them
Attorneys working with ClassAction.org are pursuing various mass arbitrations on behalf of consumers who spent money on certain social casino apps and online gambling and betting platforms.
How one Silicon Valley firm is seizing an opportunity from Premier League soccer's gambling ad clampdown
The change has forced eight of the league's 20 clubs to find new front-of-shirt partners for the 2026/27 season, putting some of the most valuable advertising real estate in global sports on the marke…
Trump to allow import of 300,000 metric tons of ground beef without tariff
President Donald Trump on Friday morning said the United States will allow up to 300,000 metric tons of product for ground beef to be imported over the next three months without being subject to out-o…
Why some of America's biggest brands are losing ground in China
China was once one of the most attractive and fastest-growing markets for many American brands.
Bessent's bond gambit aimed at calming markets is instead stirring inflation worries
Investors over the past several days have priced in a likelihood of higher inflation ahead, a potential sign that the Treasury Department's efforts this week to improve liquidity in the government deb…
U.S. military says it aided passage of 660 million barrels of oil through Strait of Hormuz since May
The U.S. military has helped tankers transport more than 660 million barrels of crude oil through the Strait of Hormuz since early May, Central Command told CNBC this week.
XLF, CBXO: Big ETF Outflows
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Financial Select Sector SPDR Fund, where 37,500,000 units wer…
Trump admin taps former JPMorgan Chase exec Matt Zames to advise Social Security agency
Former JPMorgan Chase executive Matt Zames will join the Trump administration as an advisor to the Social Security agency, CNBC has learned.
Ubiquiti earnings beat by $0.25, revenue topped estimates
Extreme Networks (EXTR) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.25 per share a year ago. These fig…
Ken Griffin says Citadel unwound more than 80% of risk tied to Situational Awareness portfolio
Ken Griffin of Citadel in a letter to clients on Friday addressed for the first time the firm's purchase of assets from Leopold Aschenbrenner's Situational Awareness hedge fund.
Broadcom debt deal expected to reach upwards of $70 billion, sources say
Broadcom is in talks to raise upwards of $70 billion to $80 billion in debt for a chip financing deal aimed at supporting artificial intelligence companies including Anthropic, CNBC's David Faber conf…
VictoryShares Free Cash Flow ETF Experiences Big Inflow
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the VictoryShares Free Cash Flow ETF (Symbol: VFLO) where we have detected…
The Los Angeles Lakers sold for $12.5 billion. Here’s what every NBA team is now worth
The record-breaking sale of the Los Angeles Lakers is being felt far beyond Hollywood.
Soybeans Facing Modest Pressure on Friday Morning
Soybeans are trading with Friday morning losses of 3 to 4 cents. Futures closed the Thursday session mixed, with contracts down 1 ½ to 2 ½ cents lower across the board. Open interest slipped 4,638 con…
Earnings call transcript: Astronics tops Q2 2026 estimates and lifts outlook
Astronics Corporation Reports Record Operating Income on 27% Sales Growth for Second Quarter 2026