Vertiv CEO makes critical comment as stock crashes
The AI infrastructure company's second-quarter earnings beat expectations, but its revenue fell short of Wall Street's expectations, and that was enough to sink the stock.
Business
Here Is Why Newsmax's Meta Partnership Could Accelerate the Path to Profitability for NMAX Stock.
Newsmax (NMAX) is a Boca Raton, Florida-headquartered multi-platform media and entertainment company founded in 1998 by CEO Chris Ruddy. The company operates through two segments: Broadcasting, which powers its flagship…
AI spending boom faces two key policy risks
Twenty years ago, the U.S. economy morphed into a huge bet on the frothy housing market. The bubble’s animating narrative was simple: housing prices had been rising for a long time, and they would continue to do so. Ent…
Wildfires rage in Greece as firefighters continue battle in France and Spain
LEGE-CAP FERRET, France (AP) — France sent a hulking military cargo plane to dump tons of flame retardants as it battled raging wildfires on Saturday and slashed the final stage of Tour de France to redeploy security pe…
Within Uber-Waymo split, a key labor battle over AVs is being waged in the nation's capital
In pushing back against mass autonomous vehicle deployment efforts, labor unions have found an unlikely ally — Uber.
Rising Medicare Part D premiums could drive more people into Medicare Advantage plans
This analysis has been updated July 1, 2026 to reflect March 2026 data for overall Medicare Advantage penetration, though the Medicare Advantage penetration rate remains at 55%. It also now includes Medicare Advantage p…
Stocks Finish Higher as Amazon Leads Megacaps Higher
The S&P 500 Index ($SPX) (SPY) on Friday closed up +0.70%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.53%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.60%. September E-mini S&P futures (ESU26) r…
As Americans go direct with GLP-1 prescriptions, Walmart, Costco, Amazon will be big weight-loss winners
As more Americans use GLP-1 weight-loss drugs to shrink their waistlines, retail giants are betting on a bottom-line bump tied to a shift in the way the drugs are priced and purchased. Employers are dropping coverage fo…
Stocks Finish Higher as Amazon Leads Megacaps Higher
The S&P 500 Index ($SPX) (SPY) on Friday closed up +0.70%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.53%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.60%. September E-mini S&P futures (ESU26) r…
OpenAI's Hugging Face hack confirmed months of AI cyber warnings: 'Pandora's box is open'
For months, cybersecurity leaders warned that artificial intelligence would reshape the threat landscape, compressing weeks- and dayslong cyberattacks into a matter of minutes.
Tankers near Oman come under fire as Iran threatens to choke off shipping routes
A tanker near Oman reported being struck overnight, with another saying it saw an explosion nearby as Iran warned Washington that the U.S. military's blockade of the Strait of Hormuz would result in the closure of key s…
Earnings call transcript: Muthoot Finance posts strong Q1 2026 growth, shares rise
Upstox Securities Pvt. Ltd.: SEBI Registration No. INZ000315837 | NSE TM Code: 13942 | BSE TM Code: 6155 | CDSL Reg No.: IN-DP-761-2024 | CIN: U65100DL2021PTC376860 | Compliance Officer: Mr. Kapil Jaikalyani. Tel No.: (…
Many boomers are desperate to move but can’t afford to
Boomers are uniquely bad on some axis like narcissism, selfishness, short-termism, or willingness to defect on the social contract.
Trump Media's new paid data service goes live, giving clients faster access to Trump’s posts
Trump Media and Technology Group's new paid data service launched on Aug. 1, providing faster access to Truth Social posts from President Donald Trump and other top accounts on the platform.
Looking at just the odds isn’t enough. How traders gain an edge on prediction markets
It's been less than a year since 26-year-old Logan Sudeith became a full-time trader on prediction markets and in one month alone he managed to collect $250,000.
Berkshire Hathaway shares hit eight-month high
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.)
1 in 5 new car buyers are stuck in a $1,000-a-month nightmare — and it’s ruining their long-term wealth
"If you want to be middle class, stay in car debt," Ramsey once said to a caller who was thinking about purchasing a car he couldn't quite afford. "You will never build wealth because it will suck the bone marrow out of…
Soccer-UEFA says it has lost confidence in Infantino as FIFA faces calls for transparency
World football has united in rare fashion after FIFA president Gianni Infantino’s controversial proposal to sell a stake in the FIFA World Cup sparked an extraordinary global backlash, with Europe confirming it will boy…
Loyalists may miss the old Southwest. Wall Street loves the new one.
Loyalists may miss the old Southwest. Wall Street loves the new one. The airline is ‘getting on with the times,’ one fund manager says Read at source
Buying a condo with a mortgage may soon get more complicated. Here's why
Prospective homebuyers eyeing a condominium may soon discover that mortgage lenders are as interested in the condo building as they are in the buyer.
To keep growing, incoming Best Buy CEO says he first wants to go smaller
Best Buy is at a critical juncture as the consumer electronics retailer aims to revitalize its performance under incoming CEO Jason Bonfig, who spoke exclusively with CNBC about his strategy for the company.
Indian Oil Q1 FY27 slides show sharp loss amid crude volatility
Market Cracks Under Pressure as Oil Shock and Geopolitical Fears Trigger Sharp Selloff
Iran's overlapping power centers make ending the war more complicated
In the five months since the Iran war began on Feb. 28, each pause in fighting has underscored the complexities of ending it.
IRB Infrastructure Q1 FY27 slides: profit surges 51% on InvIT growth
According to an exchange filing, total income rose to Rs 2,172.66 crore in the first quarter from Rs 2,164.5 crore in the same period a year ago.