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News

CNBC
cnbc.com > 08/25/2026 > sec-situational-awareness-hedge-fund-subpoenas.html

SEC reportedly subpoenas Wall Street banks over AI hedge fund Situational Awareness's near collapse

45+ min ago   (314+ words) The Securities and Exchange Commission has reportedly subpoenaed several major Wall Street lenders to glean more information about their role in the near-collapse of AI-focused hedge fund Situational Awareness. Regulators are seeking insights into Situational Awareness's trades, use of leverage…...

CNBC
cnbc.com > 08/24/2026 > los-angeles-lakers-worth-every-bit-of-12point5-billion-price-tag-76ers-and-commanders-owner-josh-harris.html

Los Angeles Lakers worth 'every bit' of $12.5 billion price tag: 76ers and Commanders owner Josh Harris

11+ hour, 29+ min ago   (373+ words) In a little over a year, the Los Angeles Lakers raised the bar twice for what a professional sports team is worth. In June 2025, Guggenheim Partners CEO Mark Walter agreed to buy a majority stake in the Lakers from the…...

CNBC
cnbc.com > 08/24/2026 > paramount-ceo-david-ellison-wbd-acquisition-final-hurdle.html

Paramount CEO David Ellison is at the final hurdle before buying WBD. So far, he can't clear it

12+ hour, 24+ min ago   (1571+ words) David Ellison — the founder of a film production company and son of billionaire Larry Ellison — has been at the helm of Paramount Skydance for just over a year. He's been fighting to acquire Warner Bros. Discovery for nearly as long....

CNBC
cnbc.com > 08/24/2026 > heres-what-the-charts-say-about-nvidias-stock-heading-into-earnings.html

Here's what the charts say about Nvidia's stock heading into earnings

14+ hour, 29+ min ago   (12+ words) We see a flashing yellow light into Nvidia's earnings report Wednesday night....

CNBC
cnbc.com > 08/24/2026 > were-booking-a-300percent-profit-in-an-ai-winner-and-buying-more-of-a-healthcare-name.html

We're booking a 300% profit in an AI winner and buying more of a healthcare name

18+ hour, 50+ min ago   (15+ words) The trim puts the portfolio in a better position to withstand backlash against data centers....

CNBC
cnbc.com > 08/24/2026 > ex-google-recruiter-this-common-mistake-makes-your-resume-invisible.html

Ex-Google recruiter: This common mistake makes your resume 'invisible'—you have 'six seconds to prove you can do the work"

18+ hour, 50+ min ago   (764+ words) After spending more than a decade recruiting for companies like Google, TikTok, Uber and The New York Times, I've noticed a shift in which jobseekers get hired — and which ones don't. Previously, applicants needed only to demonstrate their enthusiasm and…...

CNBC
cnbc.com > 08/24/2026 > prediction-market-traders-skeptical-bessent-will-send-yields-lower.html

Prediction market traders doubtful Bessent’s bond interventions will push yields lower

18+ hour, 46+ min ago   (314+ words) Treasury Secretary Scott Bessent is seeking to cap rising yields using a variety of tools at his department's disposal. However, traders on prediction market platforms think they won't lead yields to fall dramatically. Speculators on Kalshi think there's a 56% chance…...

CNBC
cnbc.com > 08/24/2026 > nvidia-says-groq-racks-will-be-online-this-year-after-20-billion-deal.html

Nvidia says Groq racks will be online this year following $20 billion purchase

19+ hour, 21+ min ago   (431+ words) Nvidia announced on Monday that its Groq 3 LPX rack is in full production, marking the commercialization of technology from the company's largest acquisition on record. The Groq rack will be deployed alongside Vera central processors and Rubin graphics processors at…...

CNBC
cnbc.com > 08/24/2026 > crypto-extends-gains-after-biggest-3-day-rally-since-2023.html

Crypto extends gains after biggest 3-day rally since 2023

20+ hour, 18+ min ago   (312+ words) Bitcoin and crypto stocks extended their rally to start the week after the flagship cryptocurrency broke out of its trading range as investor concern over inflation and the fiscal deficit grew. The price of bitcoin was higher by 2% on Monday,…...

CNBC
cnbc.com > 08/24/2026 > trump-canada-trade-tariffs-greer.html

U.S. Trade Rep Greer blames Canada for failed tariff talks: 'They wanted more"

21+ hour, 40+ min ago   (0+ words) ...