The Fed’s favorite inflation indicator increased 0.2% in July, as expected
The PCE price index was expected to rise 0.2% in July and 2.5% from a year ago, according to the Dow Jones consensus.
How the CIA tries to recruit Russians to spy on their country
The latest episode of CNBC’s “The Crimes of Putin’s Trader” podcast dives into the world of spycraft and how CIA officers try to gain intel from others.
The sneaky way Big Tech is acquiring AI unicorns without buying the companies
Google, Microsoft, Amazon and others have been quietly poaching coveted talent from AI startups, without actually acquiring the companies.
Here’s how data centers became a billion-dollar real estate investment
The U.S. has most of the world’s data centers. The concentration has caused the value of the land they’re built on to soar. Investors are putting money to work.
Elon Musk’s X can proceed to trial in case against Media Matters after Texas judge denies dismissal request
A federal judge in Texas has ruled against Media Matters and its request to dismiss a lawsuit filed by Elon Musk’s X
Musk ramps up attacks on Brazil’s top judge as X faces possible suspension, Starlink finances frozen
Brazil’s highest court continues to clash with Elon Musk over content moderation on X.
MongoDB shares surge as high as 16% on guidance boost
MongoDB delivered stronger results than analysts had been looking for, partly because of better cloud consumption activity than expected.
Harris defends border record, rips Trump for killing bipartisan bill
Democratic nominee Kamala Harris and running mate Tim Walz held their first interview since President Joe Biden dropped his reelection bid against Donald Trump.
Cord cutters prepare for political ad blitz as campaigns flood Roku, Hulu ahead of election
Connected TV are capturing more political advertising dollars than ever as campaigns rush to reach prospective voters.
Dell beats estimates as server sales soar 80%, riding AI wave
Dell said it recorded $3.1 billion of AI server sales in the quarter, up from $1.7 billion in the May quarter.
