Why Situational Awareness hedge fund imploded, even in a tame stock market
Champpixs | Istock | Getty ImagesThe stock market looked unusually tranquil. Beneath the surface, one of Wall Street's fastest-growing funds...
Breaking News: Business
GM to launch its own in-vehicle AI system later this year
GM began rolling out Google's Gemini in eligible model year 2022 and newer Cadillac, Chevrolet, Buick, and GMC vehicles in...
More consumer companies are staying private for longer, avoiding the IPO road
Signage at a Jersey Mike's restaurant in Washington, July 20, 2026.Graeme Sloan | Bloomberg | Getty ImagesFive years after the...
Rivian reduces 2026 spending plans, narrows earnings guidance
Rivian Automotive reduced its 2026 spending plans and slightly narrowed its previously forecast losses this year as the company reported second-quarter...
Cyclospora outbreak has hurt Taco Bell but sales are already improving, Yum Brands CEO says
The Taco Bell logo is displayed at a Taco Bell restaurant on July 14, 2026 in Pasadena, California. Mario Tama...
Retailer Reformation closes flat in NYSE debut as CEO says company is 'ready to scale'
Reformation Inc. signage as traders work during the company's initial public offering (IPO) on the floor of the New York...
UEFA threatens World Cup boycott over FIFA private equity investment plan
Gianni Infantino, president of the Federation International Football Association (FIFA), at the Semafor World Economy Summit during the International Monetary...
Jersey Mike's stock falls 7% in public market debut after pricing shares at $23
Shares of Jersey Mike's fell about 7% during trading on Thursday afternoon after the company made its public market debut...
'The Odyssey' extends stay in 70mm IMAX theaters as shows sell out weeks in advance
L to R: Director Christopher Nolan with Cinematographer Hoyte van Hoytema, ASC on set of his film THE ODYSSEY, written,...
How NBCUniversal's deal with YouTube could jump-start the next chapter of the streaming wars
A general view of the Peacock logo on a microphone during the Big East Women's Basketball Tournament Championship game between...
Ferrari CEO says he 'would not change anything' about polarizing Luce EV debut
Ferrari unveiled the Ferrari Luce electric vehicle in the symbolic setting of the Vela di Calatrava, Città dello Sport in...
Ferrari raises 2026 guidance after Q2 earnings beat
Ferrari SF90 XX Spider limited edition plug in hybrid supercar parked on the pavement as a red Ferrari passes on...
Jeep maker Stellantis swings to profit on rising demand in North America
A new Jeep Wrangler 4-Door Sahara 4x4 vehicle displayed for sale at a Stellantis NV dealership in Miami, Florida, US,...
Jeffrey Gundlach says the bond market is telling Warsh the Fed has to start acting on inflation
DoubleLine Capital CEO Jeffrey Gundlach said the Treasury market is signaling that the Federal Reserve will need to do more...
Chipotle hikes same-store sales forecast, says cyclospora fears hit sales in late July
A customer prepares to eat at the first Chipotle fast-food restaurant in northeastern Mexico on its opening day in San...
Carvana stock falls as auto retailer’s 2026 earnings guidance misses Wall Street’s expectations
A Carvana sign and signature vending machine in Tempe, Arizona.Michael Wayland | CNBCShares of Carvana fell drastically during after-hours trading...
Starbucks stock jumps as coffee giant raises full-year outlook
Starbucks on Wednesday raised its full-year outlook after reporting its fourth straight quarter of same-store sales growth.For fiscal 2026, Starbucks...
YES Network, MSG Networks to exit Gotham app for DAZN streaming service
Mitchell Robinson of the New York Knicks dunks the ball during Game 6 of the Eastern Conference First Round Playoffs...
Procter & Gamble revenue misses estimates as volume stays unchanged
Boxes of Tide Pods laundry detergent are displayed at a Costco Wholesale store on May 15, 2026 in San Diego,...
Nike was once China's sneaker king. Here's why its sales have fallen 30%
Workers install a Nike logo lamp outside the Wukesong Arena in Beijing, Aug. 28, 2019.Tingshu Wang | ReutersBy all accounts,...
