CNBC

Stocks making the biggest moves premarket: BABA, INTC, SNDK

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Citing a person familiar with the matter, Reuters said Lingxi Games is expected to be sold in a more than $2 billion to private equity firm Trustar Capital.



Anthropic says annualized revenue climbed to $65 billion in July

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Anthropic also shared a preliminary revenue figure of $11.5 billion for the second quarter, a 14-fold jump from a year ago, a source said. The company ...



Jeanie Buss opposes Lakers stake sale to Bob Iger, Joshua Kushner

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But Jeanie Buss doesn't want to sell the family's stake in the team at this time, according to a person familiar with the matter, who spoke on the condition ...



Stock market news for Aug. 17, 2026 - CNBC

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Citing a person familiar with the matter, Reuters said Lingxi Games is expected to be sold in a more than $2 billion to private equity firm Trustar Capital.



Beijing said to move to clarify ambiguity in offshore trust tax rules

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There had been widely different approaches from different local authorities before last month's rules, said a Hong Kong-based lawyer, who asked not to be named ...



OpenAI CFO Friar tells investors that enterprise bigger than consumer

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Brockman thanked Dresser for her contributions and for building the enterprise foundation, the source said, and expressed excitement at her replacement ...



Jane Street took $15 billion hit in July tied to Situational Awareness ...

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The secretive Wall Street trading giant, however, has generated trading revenue of more than $40 billion year to date, one of the sources said, easily ...



OpenAI talent exodus raises 'huge red flag' ahead of IPO - CNBC

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Rajic, Dresser's successor, was introduced to OpenAI through Thrive founder Josh Kushner, according to a person with knowledge of the matter who was not ...



Regulators and banks step up scrutiny of prediction markets - CNBC

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The CFTC is reviewing prediction betting platforms' so-called mention markets, people familiar with the matter confirmed to CNBC.



Jeff Bezos group buys stake in Liverpool FC - CNBC

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... people familiar with the matter who were not authorized to speak publicly. As a condition of the deal, the investment group has an option to become the ...



CCTV Script 14/08/26 - CNBC

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According to the Financial Times, citing people familiar with the matter, the UK government is drafting plans to provide financial support to farmers affected ...



Data centers in space could be a new frontier for insurers - CNBC

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A blunter assessment came from an insurance CEO who asked not to be named. “This is insane,” the executive said, citing a lack of regulation, insufficient ...



Nvidia discloses $21 billion stake in SpaceX at end of second quarter

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... asked not to be named because the exact size of the deal wasn't made public. SpaceX acquired xAI in February in a deal valued at $1.25 trillion. Musk said ...



Anthropic CFO leading early IPO meetings, has not ... - CNBC

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But that number is based on their own analyses and is not a figure that is coming from Anthropic, the sources said. The Financial Times was first to report ...



Workday shares post best day in 10 years on Silver Lake takeover ...

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The discussions have been ongoing in recent months, Reuters reported, citing sources familiar with the matter. Workday and Silver Lake did not immediately ...



Bob Iger, Joshua Kushner buy Los Angeles Lakers from Mark Walter

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The deal values the team at $12.5 billion, according to a person familiar with the matter, who was not authorized to speak publicly about the terms of the sale.



Wendy's stock jumps on Nelson Peltz takeover bid report - CNBC

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... sources familiar with the matter. Wendy's said in a statement it would "thoroughly review any proposal submitted by Trian consistent with its fiduciary ...



Houthi attack kills six in first death in Red Sea since Iran war began

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The source said the U.S. must return to the terms of the memorandum of understanding and set a time frame to implement its commitments, Reuters reported.



Google's new AI boss inherits a race to catch OpenAI and Anthropic

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... a person close to the DeepMind team told CNBC last week. Kavukcuoglu's promotion "shows that Google is prioritizing execution over deep research," Ray Wang ...



Polymarket revamps marketing, expands U.S. hiring ahead of fall ...

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The marketing team and policies have also been restructured, a person familiar with the matter told CNBC, amid a CFTC investigation into its practices. The ...



Nvidia, Wall Street asset managers partner on $500B AI push - CNBC

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... person familiar with the matter told CNBC. An announcement could be made as early as Monday, the person said. The move highlights the growing role of ...



Dems plan Trump investigations instead of impeachment - CNBC

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Senior Democrats have discussed using hearings, subpoenas and document requests to obtain records from entities tied to Trump's orbit, the sources said.



Dollar drifts higher as traders eye Iran talks ahead of US jobs data

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The greenback also drew support from higher Treasury yields after a Financial Times report citing sources close to Federal Reserve Chair Kevin Warsh pointed ...



Bain Capital to buy Gong cha as MBK grapples with regulatory ...

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... people familiar with the matter said. But MBK's bid came as the private equity firm faced mounting regulatory scrutiny in South Korea following the collapse ...



SoftBank gets $8.2 billion boost from Intel as OpenAI takes a backseat

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SoftBank views the rise of more players in the sector as indicative of the growing nature of the market, the source said, adding that the competitive ...



Google is expanding its AI empire — and losing the people who built it

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According to a person close to the DeepMind team, Kavukcuoglu had been taking on a broader set of responsibilities from Hassabis over the past year ...



CCTV Script 05/08/26 - CNBC

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According to Bloomberg, citing people familiar with the matter, Iran is considering allowing European nations to participate in clearing mines from the Strait ...



Oil steadies after two-day slump as investors eye Hormuz traffic

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Crude stocks rose by about 2.7 million barrels in the week ended July 31, the sources said on condition of anonymity. Official numbers from the EIA, the ...



Ken Griffin's Citadel posts best month in years after scooping up ...

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... according to a person familiar with the firm's performance. The firm's tactical fund and equities fund both had its best month ever. The July gains came ...



Polymarket seeks fundraising round at more than $20 billion valuation

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Prediction market platform Polymarket is in talks for a potential new funding round at a valuation above $20 billion, a person familiar with the matter ...



U.S. has used 'virtually all' of its long-range precision missiles - CNBC

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A fourth person familiar with the matter said that while Central Command — which oversees U.S. forces in the Middle East — has nearly used up the land-based ...



White House to host AI companies to review new model ... - CNBC

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The meeting will focus on the voluntary framework President Donald Trump ordered in June, the official said, speaking on condition of anonymity to talk about ...



CCTV Script 22/07/26 - CNBC

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Previously, the Financial Times cited sources familiar with the matter sources familiar with the matter say some senior officials have privately ...



OPEC+ agrees September oil hike, completing rollback of voluntary ...

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Although OPEC+ sources said before the meeting the group would likely pause output increases for the fourth quarter, its statement made no reference to what ...



Japan to announce Tokyo, Washington took joint action on yen

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... on condition of anonymity due to the sensitivity of the issue. Continue Reading. One source, asked if Katayama would announce "joint action", said yes ...



American Embassies warn of travel risk amid rising U.S.-Iran tensions

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The officials, who did not want to be identified because of the sensitivity of the matter, added that there will be "significant disruptions" across the region.



U.S. Treasury intervenes to support yen after Japan steps in: FT

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... people familiar with the matter. The report did not indicate any amounts of yen purchased. Continue Reading. Earlier on Friday, the Treasury informed a ...



U.S. Treasury intervenes to support yen after Japan steps in - CNBC

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, the FT said, citing people familiar with the matter. The report did not indicate any amounts of yen purchased. Earlier on Friday, the Treasury informed a ...



BOJ holds rates at 1%, warns of underlying inflation above target

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... people familiar with the matter. The yen has weakened to around the 163 level against the dollar, although it rallied on Thursday night to trade as strong ...



Why AI investor Leopold Aschenbrenner is selling all stocks - CNBC

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Leopold Aschenbrenner's hedge fund has sold all of its public stock holdings, according to people familiar with the matter.



Leopold Aschenbrenner's hedge fund is facing steep AI losses - CNBC

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Leopold Aschenbrenner's hedge fund is unwinding trades and may be forced to liquidate assets, according to people familiar with the matter.



Indonesian state telecom said to consider selling MDI Ventures

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A unit under Indonesia's largest state-owned telecom conglomerate is weighing a sale of MDI Ventures, according to people familiar with the matter.



BMW to cut several thousand jobs in latest blow to German auto sector

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According to a person familiar with the matter, the total workforce is expected to shrink by around 8,000. The Munich-based group currently employs about ...



OpenAI's rogue agent compromised a customer at a second tech firm

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OpenAI did not identify those services, but a person familiar with the matter identified Modal as one. The company said it had not identified "any other ...



OpenAI CFO Sarah Friar tells employees ARR in July topped all of Q2

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The Information reported in March that OpenAI had recently topped $25 billion in annualized revenue, citing a person with knowledge of the matter. Taylor ...



JPMorgan, Schwab and UBS manage millions in Trump investments

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... asked not to be named because they were not authorized to speak publicly on the matter. President Donald Trump, right, and his son Eric Trump walk to Marine ...



Nike's China sales have fallen 30% amid 'China Chic' shift - CNBC

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... asked not to be named to protect client relationships. "If you go back to the early 2000s, if consumers had some money to spend, they were really quite ...



Visa is cutting 7% of employees in efficiency push as AI reshapes work

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CEO Ryan McInerney said AI is helping "shape the way work gets done at Visa," while a person with direct knowledge said AI was a significant factor, but not ...



Comey asks judge to dismiss Trump 8647 seashells case - CNBC

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30, 2020, when he denied authorizing someone else at the FBI to be an anonymous source for news reports about a probe of Hillary Clinton and her emails when ...



Nvidia and OpenAI in talks for up to $250 billion AI backstop - CNBC

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... a person familiar with the discussions who asked not to be named because the details are confidential. The guarantee would cover the lease and construction ...

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