Tag Archives: CNBC

CNBC Daily Open: Flying blind in markets and the economy

Not having concrete information means it’s hard to make decisions. That’s a difficulty both the Fed and investors face now.

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StubHub beats on revenue in first earnings report since IPO, but stock slides

StubHub beat Wall Street’s expectations for second-quarter revenue in its first earnings report as a public company.

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Google says group behind E-ZPass, USPS text scam has been ‘shut down’ after suit

Google said it has successfully disrupted the foreign cybercriminal group behind a text scam operation within 24 hours of filing its lawsuit.

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Tesla recalls 10,500 Powerwall 2 battery systems due to overheating, fire risk

Elon Musk’s autos and energy business said it will replace all affected units for Powerwall 2 customers in the U.S.

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MLS games head to Apple TV in 2026 as Season Pass subscription ends

Major League Soccer games will be added to the standard Apple TV streaming service, leaving behind the add on subscription package known as Season Pass.

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Wall Street cools on Oracle’s buildout plans as debt concerns mount: ‘AI sentiment is waning’

Oracle shares have been hammered in recent weeks and its credit default swaps have risen as investors question the company’s reliance on debt.

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Apple cuts App Store fee in half for ‘mini apps’ that integrate more of its software

The Mini Apps Partner Program offers app developers the better fee in exchange for using some of Apple’s technology to build their apps.

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AI startup Cursor raises $2.3 billion funding round at $29.3 billion valuation

Cursor built a popular AI coding tool that helps software developers generate, edit and review code.

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Verizon chairman Mark Bertolini says the board ‘needed to act’ to revive company

Verizon chairman and Oscar Health CEO Mark Bertolini told CNBC’s “Squawk Box” that the telecom company’s board “needed to act” with its leadership transition.

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Musk’s xAI raises $15 billion in latest funding round

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