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Michael Saylor's Strategy raised roughly $333.7 million last week. It bought zero Bitcoin.
CNBC Business News Update with Jessica Ettinger - Markets & Business News With Expert Analysis From Top Business Names. Visit CNBC.com For More.
I downgrade Korea Electric Power Corporation to 'Sell' following a substantial Q2 earnings miss and mounting negative catalysts. KEP's 2Q2026 profitability was under pressure from surging fuel costs, a declining nuclear power mix, and sluggish economic growth impacting electricity demand. Rising CapEx, flattish tariff rates, and dividend cuts are potential de-rating catalysts.
Refining is a great business, but if you've had the good fortune ride this trade this year, it's likely time to take profits.
Investment firm General Atlantic has tapped JPMorgan Chase to lead its initial public offering, according to a source familiar with the matter, reviving listing plans that had been stalled for nearly three years.
Steven Major, global macro advisor at Tradition Dubai, says some bonds may be getting "twitchy" further out on the curve. He says the US Treasury is not doing any favors for the taxpayer "by issuing long bonds north north of 5% yield.
Duravyu, EyePoint's candidate for wet age-related macular degeneration, misses the mark, but muddled trial data may be to blame.
The AI Stack Model splits the AI trade into 14 segments across 4 layers, scoring each on macro conditions, estimate revisions, and how much the market has already paid. Memory wins on fundamentals - revisions up 21% on average - but trades 152% above its own five-year average.
Consumers keep confounding the economy's doom merchants. A quick look at the actual numbers released by the Census Bureau belies the AP's headline: “US Retail Sales Slump Unexpectedly and Sharply after a Summer Tax-Refund Boost Fades.
Micron, Sandisk and Western Digital rise as Washington backs domestic memory supply during the AI chip shortage.
Matt Hougan, chief investment officer at Bitwise Asset Management, joins 'Squawk on the Street' to discuss President Trump's upcoming WH meeting with crypto executives amid the CLARITY Act deadlock.
A2Z Cust2Mate Solutions Corp. reported Q2 revenue of $5.9M, driven by smart cart deliveries and strong gross margins at 42.6%. AZ reaffirmed guidance for 10,000 carts by year-end 2026 and at least 19,000 by 2027, with H2 smart cart revenue expected at $25M. Operational improvements include a new CFO, $7M cost-cutting, and enhanced IR, addressing prior execution and communication issues.
Mexican banking affiliates of Bank of America , Banco Santander , BBVA , Citigroup , Deutsche Bank and HSBC agreed to pay $86.4 million to settle a long-running antitrust lawsuit by investors who accused them of rigging the market for Mexican government bonds.
US stocks opened mostly in the red on Monday as investors weighed renewed optimism around artificial intelligence against higher oil prices and continued tensions in the Middle East. Expectations for fewer Federal Reserve rate hikes also supported technology stocks.
CNBC Business News Update with Jessica Ettinger - Markets & Business News With Expert Analysis From Top Business Names. Visit CNBC.com For More.
