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Lucid shares tumble following public offering of nearly 262.5 million shares
Shares of Lucid Group dropped by more than 10% during after-hours trading following the electric vehicle startup announcing a public offering of nearly 262.5 million…
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Jefferies downgrades Nike to hold from buy. Here’s what the pros say to do next
Market Movers rounded up the latest reactions on Nike from investors and analysts. The pros discussed the sports apparel retailer…
Jeff Bezos’ Blue Origin to replace CEO Bob Smith with outgoing Amazon exec Dave Limp
Jeff Bezos' Blue Origin will replace CEO Bob Smith with outgoing Amazon executive Dave Limp, CNBC has learned.Smith is retiring…
SAG-AFTRA strike: All eyes on actors union following tentative deal between studios and writers
Now that the Writers Guild of America (WGA) has reached a tentative agreement with the Alliance of Motion Picture and…
Trump says he is buying Glock handgun at South Carolina event
Former President Donald Trump said he wanted to purchase a Glock handgun Monday at a campaign stop in South Carolina.A…
Fetterman plans to return donation tied to Menendez ‘in envelopes stuffed with $100 bills,’ spokesman says
Sen. John Fetterman, D-Pa., will return $5,000 in contributions from a political action committee tied to Sen. Bob Menendez "in…
Tens of thousands of Costco-exclusive mattresses recalled for mold risk
Costco customers are going to the mattresses over mold. The US Consumer Product Safety Commission announced the recall of 48,000…
The first tour inside Manhattan’s newest private club, with $100,000 membership fees
A battle between elite membership clubs is about to reach a whole new level, as Core Club's new 60,000-square-foot megaclub…
Sierra Space raising nearly $300 million from Japanese consortium at $5 billion valuation
Sierra Space, the subsidiary of private aerospace contractor Sierra Nevada Corporation, is finalizing a raise of nearly $300 million, CNBC…
Now you can speak to ChatGPT — and it will talk back
You can now speak aloud to ChatGPT and hear the artificial intelligence-powered chatbot talk back. OpenAI, the startup behind the…
Corporate pensions are at their healthiest in more than a decade
Pension plans for the largest U.S. companies are at their healthiest in more than a decade — and that's largely…
These 5 Club stocks have defied the S&P 500’s recent slide
September has been unkind to stocks – living up to its historical reputation as the weakest month for the S…
Consumers are still spending on nice things, if they’re on trend
American consumers aren’t tired of shopping. They’re shopping more prudently, with an eye on getting the best value, sure. But…
Stocks making the biggest moves midday: Alcoa, Nio, Williams-Sonoma, Chefs’ Warehouse and more
Check out the companies making headlines in midday trading.Alcoa — Shares of the aluminum stock slipped 5% after the company…
Some soft commodity prices are surging, adding to consumer woes
Surging prices for soft commodities, from orange juice to live cattle, are complicating the inflation picture. A host of agricultural commodities…
What are legacy admissions — and do colleges need them?
Legacy college admission is an advantage given at birth, in which the children of a school’s alumni receive special consideration…
How the Taylor Swift and Travis Kelce connection started with a friendship bracelet
Taylor Swift fans have famously worn and traded personalized friendship bracelets, typically featuring the names of her songs and albums,…
Guggenheim upgrades Microsoft, says generative AI is ‘too strong’ to ignore
Generative AI advancements can help Microsoft bounce back from its recent losses, according to Guggenheim. Analyst John DiFucci upgraded the…
Amazon to invest up to $4 billion in Anthropic, a rival to ChatGPT developer OpenAI
E-commerce giant Amazon on Monday said it will invest up to $4 billion in artificial intelligence firm Anthropic and take…