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Crypto extends gains after biggest 3-day rally since 2023
Bitcoin and crypto stocks extended their rally after the flagship cryptocurrency broke out of its trading range.
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CNBC Markets Full text
Alibaba plunges after announcing $10.2 billion share placement to fund AI push
Alibaba shares plunged 10% after the tech giant priced a $10.2 billion share placement to fund its growing AI investments.
CNBC Markets Full text
Wells Fargo and Citigroup have room to buy a big bank. These 5 regionals fit the bill
Citigroup and Wells Fargo have room to buy a big regional bank as regulators have opened the door to megadeals. Five regional banks make sense as targets.
CNBC Markets Full text
Kalshi traders think the bitcoin rally could end the year near current levels
Speculators on the prediction market platform think it's most likely that the cryptocurrency will end 2026 close to where it's now trading.
CNBC Markets Full text
Trump admin taps former JPMorgan Chase exec Matt Zames to advise Social Security agency
Matt Zames is taking an unpaid position to help his former JPMorgan colleague Frank Bisignano tackle modernization of the SSA, CNBC has learned.
CNBC Markets Full text
Samsung plans up to $80 billion in shareholder returns after SK Hynix buyback
Samsung Electronics plans shareholder returns totaling 90 trillion won to 110 trillion won, including about 30 trillion won in third-quarter cash dividends.
CNBC Markets Full text
Labubu maker Pop Mart shares fall as key ex-China sales data drop, Citi cuts price target
Pop Mart shares fall after announcing first-half earnings.
CNBC Markets Full text
Chinese humanoid robots' biggest obstacle: Humans are still (mostly) better
Humanoid robots still struggle to perform as efficiently as humans in most labor scenarios.
CNBC Markets Full text
China is defying the global bond yield surge, boosting its diversification appeal
Chinese government bond yields have remained low amid a global surge.
CNBC Markets Full text
Fed officials saw need for rate hike if inflation doesn't cool, minutes show
The Federal Reserve on Wednesday released minutes from its July 28-29 policy meeting.
CNBC Markets Full text
Carvana shares are under pressure this week as Mark Walter probe fuels investor jitters
The scrutiny raised questions about what could happen to Walter's Carvana position if fallout from the investigation pressures him to raise cash.
CNBC Markets Full text
Retail investors aren't entirely giving up on AI trade, but they appear more cautious
Mom-and-Pop investors remain bullish on AI and tech, but some are adding downside protection.
CNBC Markets Full text
Goldman studied where AI is squeezing labor markets. Here's what it found
Goldman Sachs found that AI is starting to weigh on employment across developed economies.
CNBC Markets Full text
What Chinese liquor maker Moutai's slump says about the country's economy
Kweichow Moutai's half-year report showed a rare drop in net profit, following the first annual drop on record.
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