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Kobbie Mainoo of Manchester United during the Premier League match between Manchester United FC and Aston Villa FC at Old Trafford on May 25, 2025 in Manchester, England. Alex Livesey | Getty Images European soccer is a bigger business than ever, with clubs in the continent’s five top leagues raking…
OpenAI CEO Sam Altman, pictured, speaks with SoftBank Group CEO Masayoshi Son at an event in Tokyo on Feb. 3, 2025. Tomohiro Ohsumi | Getty Images News | Getty Images GPT-5 just launched. GPT-6 is already on the way. That’s the message OpenAI CEO Sam Altman delivered to reporters in…
Shares of Viking Therapeutics plunged Tuesday after the company released midstage trial data on its obesity pill that disappointed investors. The biotech company’s stock price dropped to about $23.80 as of Tuesday morning, from $42.09 at Monday’s close, a roughly 43% plunge. Viking’s market cap now sits at about $2.69…
Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, US, on Monday, Aug. 11, 2025. Alex Wroblewski | Bloomberg | Getty Images The Trump administration is discussing taking a 10% stake in Intel, according to a Bloomberg report on Tuesday,…
Treasury Secretary Scott Bessent said Tuesday he will begin interviewing candidates for Federal Reserve chair as soon as the White House whittles down what has suddenly become a crowded field. In a CNBC “Squawk Box” interview, Bessent confirmed the race to replace current Chair Jerome Powell is between 11 candidates,…
Photos of a gun and parts of military electronics that were found on Shenghua Wen’s phone, according to the U.S. Department of Justice. Courtesy: U.S. Department of Justice A Chinese national living in the U.S. was sentenced to eight years in prison for conspiring to illegally smuggle guns, ammunition and…
Ali Ghodsi, CEO of Databricks speaks on CNBC. CNBC Databricks has just entered an exclusive club. The data analytics software vendor said Tuesday that it’s raising a funding round that values the company at over $100 billion. That would make Databricks just the fourth private company to eclipse the $100…
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to…
It’s clear which big box retailer is pulling ahead this earnings season. Victoria Greene, investment chief at G Squared Private Wealth, told CNBC’s “Power Check” on Tuesday that Target has lost its way, while competitor Walmart has a deep understanding of its customers — a divergence that’s sure to bear…
The Smithsonian Institution’s National Museum of American History is seen from the Washington Monument on June 19, 2025 in Washington, DC. Kevin Carter | Getty Images President Donald Trump on Tuesday said he has ordered his lawyers to snuff out what he calls “woke” content at museums by copying the…