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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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.
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.
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.
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.
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.
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.
Chinese humanoid robots' biggest obstacle: Humans are still (mostly) better
Humanoid robots still struggle to perform as efficiently as humans in most labor scenarios.
China is defying the global bond yield surge, boosting its diversification appeal
Chinese government bond yields have remained low amid a global surge.
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.
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.
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.